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PROJECT MANAGEMENT

PROJECT MANAGEMENT

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Jesilin Manjula N Palanisamy @ James

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37 Slides • 1 Question

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Project

Management

Overview

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WHAT DO YOU UNDERSTAND ABOUT PROJECT MANAGEMENT?

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Project Management

Chapter 2: Project Management Overview

Purpose of the chapter

Define a project
Define project success
Project constraints
Project management expertise
The project environment
Project management knowledge and skills

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Project Management

Chapter 2: Project Management Overview

Define a project

Define a project:
Unique product or service
Time-limited
Project ends when the objectives are achieved

or abandoned

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Project Management

Chapter 2: Project Management Overview

Introduction to Project Management

Definition of project management
Importance of project management in operations

management

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Project Management

Chapter 2: Project Management Overview

Characteristics of Projects

Temporary endeavor
Unique deliverables
Defined start and end dates
Cross-functional teams

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Project Management

Chapter 2: Project Management Overview

Unique

How can you tell that an activity is unique?

Completely new product or service

Creation of new process

Product or service new to this group of people

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Project Management

Chapter 2: Project Management Overview

Time-limited

May have a start and end date
May be measured as “will be complete when a

particular objective is achieved”

If it simply continues forever or to an

unspecified end-date it is probably an ongoing
business activity

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Project Management

Chapter 2: Project Management Overview

Can tell when it is done

Objective is achieved
Time limit is reached
Objective is abandoned

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Project Management

Chapter 2: Project Management Overview

Project Life Cycle

Initiation
Planning
Execution
Monitoring and Controlling
Closure

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Project Management

Chapter 2: Project Management Overview

Project Initiation

Identifying project stakeholders
Defining project objectives
Conducting feasibility studies

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Project Management

Chapter 2: Project Management Overview

Project Success

Traditionally: on time, within budget and

delivers the promised scope

More effective measure: satisfied customer

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Project Management

Chapter 2: Project Management Overview

Project Planning

Work breakdown structure (WBS)
Gantt charts
Critical Path Method (CPM)
Resource allocation
Fishbone Analysis
PMI

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Project Management

Chapter 2: Project Management Overview

Scope Management

Defining project scope
Scope creep
Change control process

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Project Management

Chapter 2: Project Management Overview

Time Management

Estimating activity durations
Sequencing activities
Schedule compression techniques

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Project Management

Chapter 2: Project Management Overview

Cost Management

Cost estimation
Budgeting
Earned Value Management (EVM)

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Project Management

Chapter 2: Project Management Overview

Quality Management

(discussed in the chapter on Quality)

Establishing quality standards
Quality assurance
Quality control

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Project Management

Chapter 2: Project Management Overview

Risk Management

Identifying risks
Risk assessment
Risk response planning

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Project Management

Chapter 2: Project Management Overview

Communication Management

Stakeholder communication plan
Project status reports
Conflict resolution

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Project Management

Chapter 2: Project Management Overview

Human Resource Management

Team development
Motivation techniques
Leadership styles

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Project Management

Chapter 2: Project Management Overview

Procurement Management

Make-or-buy decisions
Contract types
Vendor selection criteria

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Project Management

Chapter 2: Project Management Overview

Integration Management

Project integration plan
Change management
Project closure activities

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Project Management

Chapter 2: Project Management Overview

Agile Project Management

Agile principles and values
Scrum framework
Kanban methodology

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Project Management

Chapter 2: Project Management Overview

Project Management Software

Overview of popular tools (e.g., Microsoft Project,

Trello, Asana)

Benefits of using project management software

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Project Management

Chapter 2: Project Management Overview

Project Management in Practice

Case studies highlighting successful projects
Lessons learned from failed projects

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Project Management

Chapter 2: Project Management Overview

Project Management Ethics

Ethical considerations in project management
Professional responsibility

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Project Management

Chapter 2: Project Management Overview

Future Trends in Project

Management

Artificial Intelligence and automation
Virtual teams
Agile adoption across industries

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Project Management

Chapter 2: Project Management Overview

Future Trends in Project

Management

Artificial Intelligence and automation
Virtual teams
Agile adoption across industries

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Project Management

Chapter 2: Project Management Overview

Conclusion

Recap of key concepts
Importance of effective project management for

organizational success

Q&A session

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Project Management

Chapter 2: Project Management Overview

PROJECT MANAGEMENT

TUTORIAL

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Project Management

Chapter 2: Project Management Overview

TUTORIAL : Group work

In small groups, try to identify the LARGEST

project each of you have been involved with.

You do not have to have been the project

manager—if not, what was your role? (team
member, volunteer, purchaser, ??)

With the group, make it clear how the project

you have identified meets the criteria:

Unique

Temporary

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Project Management

Chapter 2: Project Management Overview

Tutorial

identify well-known projects that were considered failures and discuss
reasons why the failures might have occurred. Examples could include
certain military campaigns, engineering failures, new product introductions,
etc. READING ACTIVITY. SUMMARISE MAIN POINTS

https://sloanreview.mit.edu/article/what-great-projects-have-in-common/

TASK FOR STUDENTS: Describe YOUR OWN own experiences in
managing projects. What was the scope? What problems were encountered?
What type of management policies and techniques were used? Were any
incentives offered to team members to complete their tasks effectively?
Were there incentives attached to the project as a whole?

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Project Management

Chapter 2: Project Management Overview

Project constraints

Cost
Scope
Quality
Risk
Resources
Time

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Project Management

Chapter 2: Project Management Overview

Triple constraint

All the constraints can be grouped into these three:

The triad constraints by John M. Kennedy T. (http://commons.wikimedia.org/wiki/File:The_triad_constraints.jpg) used under CC-BY-SA license

(https://creativecommons.org/licenses/by-sa/3.0/)

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Project Management

Chapter 2: Project Management Overview

Project Management Expertise

Application knowledge

Industry group

Technical specialty

Managerial area

Understanding the project environment

Cultural, social, political, international, physical

Management knowledge and skills
Interpersonal skills

Communication, influence, leadership, motivation,

negotiation and problem solving

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Project Management

Chapter 2: Project Management Overview

Project Management Standards

Standards organizations
PMI

Project Management Institute: http://www.pmi.org/

CAPM, PMP and other professional standards

IPMA

International Project Management Association:

http://ipma.ch/

Several certifications

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Project Management

Chapter 2: Project Management Overview

Summary

Project definition: unique, time-limited, can tell

when it is over

Project success: satisfied client
Project constraints: time, scope, cost
Project management expertise
The project environment
Project management knowledge and skills

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Questions?

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Project

Management

Overview

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