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Basics-Project Management-Lecture Slides, Slides of Project Management

This lecture is part of lecture series on subject of Project Management at Tezpur University Gate. Instructor name is Rajkumari Vishaka. It includes: Project, Sequence, Activities, Unique, Complex, Connected, Goal, Specified, Time, Budget, Executing, Controlling, Closing

Typology: Slides

2011/2012

Uploaded on 07/11/2012

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What is a Project
Sequence of activities
Unique activities
Complex activities
Connected activities
One Goal
Specified time
Available budget
According to Specifications
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What is a Project

  • Sequence of activities
  • Unique activities
  • Complex activities
  • Connected activities
  • One Goal
  • Specified time
  • Available budget
  • According to Specifications

What is Project Management

  • Defining
    • Problem/opportunity, goal,objective, success criteria, assumptions, risks or obstacles
  • Planning
    • Reducing uncertainty, improving efficiency
  • Executing
    • Organizing, arranging resources, scheduling work
  • Controlling
    • Monitor project/component progress
  • Closing
    • Evaluating results, lessons and feedback

Project Parameters & Scope Triangle

Project Parameters

  • Cost parameters
  • Time parameters
  • Resources

Problems for Project Manager

  • Scope Creep
    • customer requirements, competitor’s entry, change in market conditions etc.
  • Hope Creep
    • Hoping to do better and not reporting problems
  • Effort Creep
    • Status reports show progress but remaining work not reduced proportionately
  • Feature Creep
    • Like scope creep but introduced by service provider – not customer

Project Management Life

Cycle

1. Scope the Project

  • State the problem/opportunity
  • Establish the project goal
  • Define the project objective
  • Identify the success criteria
  • List assumptions, risks, obstacles

Project Management Life

Cycle

2. Develop detailed Plan

  • Identify project activities
  • Estimate activity duration
  • Determine resource requirements
  • Construct project network
  • Prepare project proposal

Project Management Life

Cycle

4. Monitor/Control Progress

  • Establish progress reporting system
  • Install change control tools/processes
  • Define problem escalation process
  • Monitor project progress vs plan
  • Revise project plan

Project Management Life

Cycle

5. Close the Project

  • Obtain client acceptance
  • Install project deliverables
  • Complete project documentation
  • Complete post-implementation audit
  • Issue final project report

Management Styles

Supporting Supporting & sharing responsibility

Coaching Close supervision, ask for suggestions and support progress

Delegating Delegating responsibility for decision-making to staff

Directing Give specific instructions and watch progress

Low Directive Behaviour High

S u p p o r t i v e

Staff Motivators & De-motivators

  • Motivators
    • Recognition
    • Advancement and growth
    • Responsibility
    • The job/work itself - De-motivators - Company policy - Administrative practices - Working conditions - Technical supervision - Interpersonal relations - Job security - Benefits package

Project Management Standard

Curve 75 % time spent 80 % work done

Time

Progress

Normal/Standard Curve

30 % time spent 25 % work done

Project Management Aggressive Curve

No ramp up No learning time

Time

Progress

Aggressive Curve Docsity.com

Project Scenario:

Project Risk vs Business Value

Preferred

Undesirable

Preferred by Management

Innovative Creative

Risk/Value Project Grid

Business Value

R i s k

L o w H i g h

L o w H i g h