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    Project Management: - What's A Project?

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    nahid mushtaq
    A project is a temporary endeavor undertaken to create a unique product or service. It has a definite beginning and end, involves interrelated tasks, and is aimed at meeting specific objectives. A project manager is responsible for planning, executing, and closing a project according to its scope, schedule, and budget. They define requirements, track risks and milestones, manage resources and changes, and report on project status. Project management involves knowledge areas like integration, scope, time, cost, quality management, and communication. The project life cycle consists of initiating, planning, executing, controlling, and closing phases which may repeat for each project stage.

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    Project Management: - What's A Project?

    Uploaded by

    nahid mushtaq
    15 views16 pages
    A project is a temporary endeavor undertaken to create a unique product or service. It has a definite beginning and end, involves interrelated tasks, and is aimed at meeting specific objectives. A project manager is responsible for planning, executing, and closing a project according to its scope, schedule, and budget. They define requirements, track risks and milestones, manage resources and changes, and report on project status. Project management involves knowledge areas like integration, scope, time, cost, quality management, and communication. The project life cycle consists of initiating, planning, executing, controlling, and closing phases which may repeat for each project stage.

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    PM1

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    A project is a temporary endeavor undertaken to create a unique product or service. It has a definite beginning and end, involves interrelated tasks, and is aimed at meeting specific objectives. A project manager is responsible for planning, executing, and closing a project according to its scope, schedule, and budget. They define requirements, track risks and milestones, manage resources and changes, and report on project status. Project management involves knowledge areas like integration, scope, time, cost, quality management, and communication. The project life cycle consists of initiating, planning, executing, controlling, and closing phases which may repeat for each project stage.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    15 views16 pages

    Project Management: - What's A Project?

    Uploaded by

    nahid mushtaq
    A project is a temporary endeavor undertaken to create a unique product or service. It has a definite beginning and end, involves interrelated tasks, and is aimed at meeting specific objectives. A project manager is responsible for planning, executing, and closing a project according to its scope, schedule, and budget. They define requirements, track risks and milestones, manage resources and changes, and report on project status. Project management involves knowledge areas like integration, scope, time, cost, quality management, and communication. The project life cycle consists of initiating, planning, executing, controlling, and closing phases which may repeat for each project stage.

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    of 16

    Project Management

    • What’s a project?
    - A project is a one-time-only set of inter-related
    activities with a definite beginning and ending point in
    time to create a unique product/service system.
    • PMI definition
    – A project is a temporary endeavor undertaken to create
    a unique product or service
    • A project manager
    – conductor, coach, captain

    Project Management 1
    Project Attributes
    • Purpose
    • Life cycle
    • Interdependencies of tasks
    • Uniqueness

    Project Management 2
    PM Job Functions
    • Define scope of project • Evaluate project requirements
    • Identify stakeholders, decision- • Identify and evaluate risks and
    makers, and escalation prepare contingency plan
    procedures • Identify interdependencies
    • Develop detailed task list (work • Identify and track critical
    breakdown structures) milestones
    • Estimate time requirements • Participate in project phase review
    • Develop initial project • Secure needed resources
    management flow chart • Manage the change control
    • Identify required resources (HR, process
    tools, etc.) and budget • Report project status

    Project Management 3
    Project Management Skills
    • Leadership
    • Communications
    • Problem Solving
    • Negotiating
    • Influencing the Organization
    • Mentoring
    • Process and technical expertise

    Project Management 4
    Knowledge Areas
    • Project integration management
    • Scope
    • Time
    • Cost
    • Quality
    • Human resource
    • Risk Management
    • Communication
    • Procurement

    Project Management 5
    Framework

    Project Management 6
    Strategy
    • Mistake Avoidance
    • Development Fundamentals
    • Risk Management
    • Schedule-Oriented Practices

    Project Management 7
    Four Project Dimensions
    • People
    • Process
    • Product
    • Technology

    Project Management 8
    Process Groups
    • 1. Initiating
    • 2. Planning
    • 3. Executing
    • 4. Controlling
    • 5. Closing
    • Note: these can be repeated for each phase
    • Each process is described by:
    • Inputs
    • Tools & Techniques
    • Outputs

    Project Management 9
    Process Groups

    Source: Project Management Institute

    Project Management 10
    Process Links

    Project Management 11
    Statement of Work (SOW)
    I. Scope of Work: Describe the work to be done to detail. Specify the hardware and
    software involved and the exact nature of the work.
    II. Location of Work: Describe where the work must be performed. Specify the
    location of hardware and software and where the people must perform the work
    III. Period of Performance: Specify when the work is expected to start and end,
    working hours, number of hours that can be billed per week, where the work must
    be performed, and related schedule information. Optional “Compensation”
    section.
    IV. Deliverables Schedule: List specific deliverables, describe them in detail, and
    specify when they are due.
    V. Applicable Standards: Specify any company or industry-specific standards that
    are relevant to performing the work. Often an Assumptions section as well.
    VI. Acceptance Criteria: Describe how the buyer organization will determine if the
    work is acceptable.
    VII. Special Requirements: Specify any special requirements such as hardware or
    software certifications, minimum degree or experience level of personnel, travel
    requirements, documentation, testing, support, and so on.
    Project Management 12
    Project Charter
    • A high-level project description:
    – Business need, product, assumptions
    • Often precedes SOW

    Project Management 13
    Project Charter
    • Typical outline
    – Overview
    • Business need
    • Objectives
    • Method or approach
    – General scope of work
    – Rough schedule & budget
    – Roles & responsibilities
    – Assumptions

    Project Management 14
    Tracking
    • Cost, effort, schedule
    • Planned vs. Actual

    Project Management 15
    Measurements
    • To date and projected
    – Cost
    – Schedule
    – Effort
    – Product features
    • Alternatives
    – Earned value analysis
    – Defect rates
    – Productivity
    – Complexity

    Project Management 16

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