Project Managementintroduction.pptx
- 1. Dr. Sarbjit Singh Oberoi
- 3. A project requires an organized set of work efforts. Projects require a level of detail that is progressively elaborated upon as more information is discovered. Projects are subject to limitations of time and resources such as money and people. Projects have a defined beginning and ending. Project – “a temporary endeavor undertaken to create a unique product, service, or result.” PMBOK® Guide
- 4. Project Defined ◦ A complex, non-routine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs. Major Characteristics of a Project ◦ Has an established objective. ◦ Has a defined life span with a beginning and an end. ◦ Requires across-the-organizational participation. ◦ Involves doing something never been done before. ◦ Has specific time, cost, and performance requirements.
- 6. Program Defined ◦ A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a goal. ◦ A higher level group of projects targeted at a common goal. ◦ Example: Project: completion of a required course in project management. Program: completion of all courses required for a business major.
- 7. Routine, Repetitive Work Taking class notes Daily entering sales receipts into the accounting ledger Responding to a supply-chain request Practicing scales on the piano Routine manufacture of an Apple iPod Attaching tags on a manufactured product Projects Writing a term paper Setting up a sales kiosk for a professional accounting meeting Developing a supply-chain information system Writing a new piano piece Designing an iPod that is approximately 2 X 4 inches, interfaces with PC, and stores 10,000 songs Wire-tag projects for GE and Wal-Mart
- 8. Project management includes work processes that initiate, plan, execute, and close work Work processes require tradeoffs among the scope, quality, cost, and schedule of the project PM includes administrative tasks for planning, documenting, and controlling work PM includes leadership tasks for visioning, motivating, and promoting work associates. Project management – “the application of knowledge, skills, tools and techniques to project activities to meet project requirements.” PMBOK® Guide
- 9. PM emerged as a formal discipline in the 1950s Techniques for planning and controlling schedules and costs were developed for huge aerospace and construction projects in the 1950s and 1960s Early PM involved determining project schedules based on project activities Manufacturing, research and development, government, and construction projects refined management techniques
- 10. Software companies offered software for planning and controlling project costs and schedules in the 1980s and 1990s Risk management techniques for complex projects have been applied to less complex projects Communication and leadership have been recognized as playing a major role in project success
- 13. The Project Manager ◦ Manages temporary, non-repetitive activities and frequently acts independently of the formal organization. Marshals resources for the project. Is linked directly to the customer interface. Provides direction, coordination, and integration to the project team. Is responsible for performance and success of the project. ◦ Must induce the right people at the right time to address the right issues and make the right decisions.
- 14. Factors leading to the increased use of project management: ◦ Compression of the product life cycle ◦ Global competition ◦ Knowledge explosion ◦ Corporate downsizing ◦ Increased customer focus ◦ Rapid development of Third World and closed economies ◦ Small projects that represent big problems
- 15. Pyramids Taj Mahal Eiffel Tower The tunnel between UK and France Invasion of Normandy Three Gorges dam of China