Project Management
Project Management
What is a Project?
connected activities having one goal or purpose that must be completed by a specific time, wthin budget and according to specification
A project is a complex, nonroutine, one-time effort
limited by time, budget, resources, and performance specifications designed to meet customer needs
Projects are ad hoc, resource-consuming activities
used to implement organizational strategies, achieve enterprise goals and objectives, and contribute to the realization of the enterprises mission
PMI Definition of a Project A project is a temporary endeavor undertaken to create a unique product, service or result.
Why Projects?
To meet strategic business goals and objectives: Strategic opportunity Business needs Customer request Technological advance
research project that develops knowledge that can be used to determine whether a trend is present or a new process will benefit society).
Examples of Projects
Developing a new product or service (Why) Effecting a change in the structure, staffing or style of
an organization (?) Developing or acquiring a new modified information system (?) Constructing a building or infrastructure Implementing a new business process or procedure (?) Give examples of Projects in Pakistan / World
Projects?
5.1 Collect Requirements 5.2 Define Scope 5.3 Create WBS 6.1 Define Activities 6.2 Sequence Activities 6.3 Estimate Activity Resources 6.4 Estimate Activity Duration 6.5 Develop Schedule 7.1 Estimate Costs 7.2 Determine Budgets
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Initiating P.G.
Planning P.G.
8.1 Plan Quality 9.1 Develop Human Resource Plan 10.2 Communications Planning 11.1 Plan Risk Management 11.2 Identify Risk 11.3 Perform Qualitative Risk Analysis 11.4 Perform Quantitative Risk Analysis 11.5 Plan Risk Responses
Executing P.G.
8.2 Perform Quality Assurance 9.2 Acquire Project Team 9.3 Develop Project Team 9.4 Manage Project Team 10.3 Information Distribution 10.4 Mange Stakeholders
Controlling P.G.
8.3 Perform Quality Control
Closi ng P.G.
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Project Planning
Project Execution Project Monitoring
Functions of (PMO)
Managing shared resources Identifying & developing project management methodology, best practices and standards 3. Coaching, monitoring, training and oversight 4. Monitoring compliance project audits 5. Developing & managing project policies, procedures, templates and other standard documentation? 6. Coordinating communication across projects
1. 2.
Project Manager
Focuses on a specific project objective
Controls resources to best meet project objectives Manages the constraints (scope, schedule, cost and
makers: Client, Parent organization, Project Team, Publics) Evaluate project requirements Develop detailed task list (work breakdown, structures) Develop initial project management flow chart Estimate time requirements Identify cost estimation and budget Identify required resources and evaluate risks
Thank you!!!