Project management

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  • Thus we can conclude that the project management involves planning , scheduling, controlling and closing stage. Each stage is equally important.If we fail in any of these stages it affects the project. The successful companies follow these steps to implement and execute their projects successfully.
  • Project management

    1. 1. Presentation By- Abhijeet Malkar Ankit MaldePankaj Lalchandani Vinay Waswani Vipul Darne
    2. 2. Introduction Definition Phases 1)Planning 2)Scheduling 3)Controlling 4)Closing
    3. 3. Planning Tools1)Forecasting2)Contingency3)Scenario4)Benchmarking
    4. 4. Forecasting Making assumptions about what will happen in the future. Qualitative forecasting uses expert opinions. Quantitative forecasting uses mathematical and statistical analysis. All forecasts rely on human judgment.
    5. 5. Contingency Identifying alternative courses of action that can be implemented to meet the needs of changing circumstances. Contingency plans anticipate changing conditions.
    6. 6. Scenario A long-term version of contingency planning. Plans made for each future scenario. Increases organization’s flexibility and preparation for future shocks.
    7. 7. Benchmarking Use of external comparisons to better evaluate current performance and identify possible actions for the future. Adopting best practices of other organizations that achieve superior performance.
    8. 8. Benchmarking contd.. Stages 1)Decide what to Benchmark. 2)Gather Information. 3)Analyze. 4)Implement.
    9. 9. Benchmarking contd.. Types 1)Strategic benchmarking 2)Performance benchmarking 3)Product benchmarking 4)Process benchmarking 5)Best-in-class benchmarking
    10. 10. Scheduling Scheduling using Gantt chart Rescheduling using Gantt chart
    11. 11. Constructing Gantt Chart The steps to construct a GANTT chart are: 1. Schedule the critical tasks in the correct position. 2. Place the time windows in which the non- critical tasks can be scheduled. 3. Schedule the non-critical tasks according to their earliest starting times. 4. Indicate precedence relationships between tasks.
    12. 12. Constructing Gantt Chart Example of an early GANTT chart construction: Step 1. Schedule critical tasks. Step 2. Place time windows for non-critical tasks.
    13. 13. Constructing Gantt ChartStep 3. Schedule non-critical tasksStep 4. Indicate precedence relationships:
    14. 14. Staffing & Re-scheduling
    15. 15. Staffing & Re-scheduling Project schedule Slack time Staff hours Resource smoothing
    16. 16. Controlling
    17. 17. TYPES OF CONTROLS Feedforward Concurrent Feedback
    18. 18. Closing Closing includes the formal acceptance of the project and the ending thereof. Administrative activities include the archiving of the files and documenting lessons learned. Project close Contract closure
    19. 19. Conclusion

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