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The Project Management Framework

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for any queries, do contact me at alizamalik01@gmail.com

for any queries, do contact me at alizamalik01@gmail.com

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  • 1. The project management framework
  • 2. What is a project? • “A Project is a temporary endeavor undertaken to create a unique product, service, or result.” The definition of the Project contains two things: • a project is temporary in nature • a project is undertaken to produce a unique output.
  • 3. Examples Some of the examples of the projects are: • Developing a new product or service. • Designing a new transportation vehicle. • Developing or acquiring a new or modified information system. • Constructing a building. • Building a water system for a community in a developing country
  • 4. Why are the projects Implemented? • Projects are often implemented as a mean of achieving an Organization’s strategic plan. • For many Organization’s, projects are the means to respond to those requests that can not be addressed with in the Organization’s normal operational limits.
  • 5. Similarities between Projects and Operation • • • Performed by people. Constrained by limited resources. Planned, executed, and controlled.
  • 6. Difference between Projects and Operations are: Projects Operations • Temporary • Ongoing • Output :unique • Output: Repetitive • Purpose: Attain its objective and then terminate • Purpose: Sustain the business • Concludes when its specific objectives have been attained • Adopts a new set of objectives and the work continues
  • 7. Temporary • One of the properties of the project • Every project has a definite beginning and a definite end. • End is when the objectives are achieved or not. • Duration of project is finite • It does not apply to the services made by the projects (some projects may create a lasting result)
  • 8. Temporary contd. • The objective of projects and operations are fundamentally different • The objective of a project is to attain the objective and close the project • The objective of operation is to sustain the business
  • 9. Temporary contd. • Temporary nature may also affect other aspects: The opportunity is temporary: Most projects have limited time frame to produce their desired product The project team rarely survives the project: Most projects are performed by the team created for performing the project but it is broken up at the end of the project
  • 10. Unique product, service or result • A project involves doing something that has not been done before which is ‘unique’. • A product or service may be unique even if the category to which they belong is large.(e.g. each individual facility in the office is unique)
  • 11. Unique product, service or result contd. • The presence of repetitive elements does not change the uniqueness of the project. Examples are  Project to develop new commercial airliner(requires many prototypes)  Project to build new drug market(thousands of doses of drugs are requires)  Real estate development project(includes many individual units)  Development project(can be implemented in many areas)
  • 12. Progressive Elaboration • Progressive :“ proceeding in step, continuing steadily in increments” • Elaboration : “ worked out with care and detail ,develop thoroughly” • A characteristic of project • Means to development in increments as the project moves forward • Is planned • Not considered scope creep
  • 13. Scope Creep • Progressive Elaboration is not considered to be Scope Creep as it is done with coordinated and planned intent. • additional scope added to the project after the project's objectives has been defined. • It affects the project's - cost - resources - time. • This is one of the top reasons that the projects frequently are over budgeted.
  • 14. Progressive elaboration
  • 15. Examples of Progressive Elaboration: • Projects where research plays important role in determining the project scope • A project affected my research findings • Defining characteristic of a process • Elaborated based on testing results
  • 16. Project Management • Project management is the discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals. we can also define as : • Project management is the science (and art) of organizing the components of a project, whether the project is development of a new product, the launch of a new service, a marketing campaign, or a wedding.
  • 17. project management pattern
  • 18. Project management processes • • • • • Definition Planning Execution Control Closure
  • 19. Components of project management • Time • Money • Scope