PM-1

• Project

  A temporary endeavor undertaken to produce a unique product, service, or result
• Project

  • Has definite starting and ending points (time)
  • Has a budget (cost)
  • Has a clearly defined scope—or magnitude—of work to be done
  • Has specific performance requirements that must be met
• Project

  A problem scheduled for solution
• A project is completed when its goals and objectives are accomplished
• Project management

  Application of knowledge, skills, tools, and techniques to project activities to meet the project requirements
• Project management

  1. Initiating

  2. Planning

  3. Executing

  4. Monitoring and controlling

  5. Closing
• Project manager

  • An enabler who helps the team get the work completed, runs interference for the team, gets scarce resources, and buffers them from outside forces
  • A leader, not a project czar
• The first rule of project management is that the people who must do the work should help plan it
• Vance Packard: 'Leadership is the art of getting others to want to do something that you believe should be done'
• Project management

  • Application of knowledge, skills, tools, and techniques to project activities
  • A process that includes planning, putting the project plan into action, and measuring progress and performance
• Project Characteristics

  • Projects are unique
  • Projects are temporary in nature and have a definite beginning and ending date
  • Projects are completed when the project goals are achieved or it's determined the project is no longer viable
• Project Constraints

  • Cost
  • Scope
  • Quality
  • Risk
  • Resources
  • Time
• There is a higher probability that things will accidentally go wrong in a project than that they will accidentally go right
• Project Life Cycle (Phases)

  • Initiating
  • Planning
  • Executing
  • Monitoring and Controlling
  • Closing
• Knowledge Areas of Project Management

  • Project integration management
  • Project scope management
  • Project time management
  • Project cost management
  • Project human resources management
  • Project communications management
  • Project risk management
  • Project procurement management
  • Project Quality Management
  • Stakeholder Management
• Knowledge Areas of Project Management

  • Project integration management
  • Project scope management
  • Project time management
  • Project cost management
  • Project human resources management
  • Project communications management
  • Project risk management
  • Project procurement management
  • Project Quality Management
  • Stakeholder Management
• Project integration management

  Ensures that the project is properly planned, executed, and controlled, including the exercise of formal project change control. Every activity must be coordinated or integrated with every other one in order to achieve the desired project outcomes.
• Project scope management

  Includes authorizing the job, developing a scope statement that will define the boundaries of the project, subdividing the work into manageable components with deliverables, verifying that the amount of work planned has been achieved, and specifying scope change control procedures.
• Project time management

  Specifically refers to developing a schedule that can be met, then controlling work to ensure that this happens!
• Project cost management

  Involves estimating the cost of resources, including people, equipment, materials, and such things as travel and other support details. After this is done, costs are budgeted and tracked to keep the project within that budget.
• Project human resources management

  Involves identifying the people needed to do the job; defining their roles, responsibilities, and reporting relationships; acquiring those people; and then managing them as the project is executed.
• Project communications management

  Involves planning, executing, and controlling the acquisition and dissemination of all information relevant to the needs of all project stakeholders.
• Project risk management

  The systematic process of identifying, quantifying, analyzing, and responding to project risk. It includes maximizing the probability and consequences of positive events and minimizing the probability and consequences of adverse events to project objectives.
• Project procurement management

  Involves deciding what must be procured, issuing requests for bids or quotations, selecting vendors, administering contracts, and closing them when the job is finished.
• Project Quality Management

  Projects involve specific deliverables or work products. These deliverables need to meet project objectives and performance standards. Managing quality is about quality planning, quality assurance, and quality control.
• Stakeholder Management

  Every project impacts people and organizations and is impacted by people and organizations. Identifying these stakeholders early, and as they arise and change throughout the project, is a key success factor. Managing stakeholders is about identifying stakeholders, their interest level, and their potential to influence the project; and managing and controlling the relationships and communications between stakeholders and the project.
• Project Life Cycle Phases

  CONCEPT
• Project Life Cycle Phases

  CONCEPT

  -Marketing input

  -Survey of Competition

  DEFINITION

  -Define problem

  -Develop vision

  -Write mission statement

  PLANNING

  -Develop Strategy

  -implementation planning

  -risk management

  EXECUTION

  -Do all work

  -monitor all progress

  -corrective action

  CLOSE OUT

  -final reports

  -lessons learned review