2. Outline:
1. Definition of project management
2. Benefits of project management
3. Project management framework
4. Knowledge areas of project management
5. Project management process groups
6. Relationship among process groups and
knowledge areas
7. Project management tools and techniques
8. Project success factors
9. Conclusion
10. References
2
3. 1. Definition of Project Management
Project management is the process of using
proven tools and techniques to manage the
scope, time and cost of a project.
3
4. 2. Benefits of Project Management
• Clear and understood project scope and
problem statement
• Identification of project risks with documented
strategies
• Improved communication among project team,
executive sponsor, leadership and stakeholders
• Consistent method for monitoring and
controlling project deliverables and milestones
• Ability to measure project performance
4
8. 5.1. Initiating
• Defining the overall project goal
• Defining general expectations of
customers,management,or other stakeholders
• Defining the general project scope and problem
statement
• Selecting initial members of the project team
8
9. 5.2. Planning
• Developing the scope statement
• Selecting the planning team
• Estimating the resource requirements for the
activities
• Estimating time and cost for activities
• Developing the schedule
• Developing the budget
• Risk planning
9
10. 5.3. Execution
• Meeting with team members
• Communicating with stakeholders
• Resolving conflicts that always arise during a
project
• Approve change request
• Securing necessary resources (money,people,
equipment) to carry out the project plan
10
11. 5.4. Monitoring and Controlling
• Monitoring deviations in budget or schedule
• Taking corrective action
• Rescheduling the project activities
• Getting changes approved by stakeholders
• Correction of errors
• Measuring the ongoing project activities
• Monitoring the project variables
• Updating project documentation
11
12. 5.5. Closing
• Validating the last of the tasks are complete in the
project plan
• Releasing resources
• Lessons learned
• Final vendor payment
• Writing a final project report
• Closing out the files
12
15. 7. Project Management Tools and
Techniques
• Project management tools and techniques assist
project managers and their teams in various
aspects of project management
• Specific tools and techniques include:
Project charters, scope statements, and WBS (scope)
Gantt charts, network diagrams, critical path analysis,
critical chain scheduling(time)
Cost estimates and earned value management (cost)
15
16. 8. Project Success Factors
• Executive support
• User involvement
• Experienced project manager
• Clear business objectives
• Minimized scope
• Standard software infrastructure
• Firm basic requirements
• Formal methodology
16
17. 9. conclusion
• Project management framework supports the
implementation of project management within an
organization
• It helps communication within the team because
of a common language
• Streamlines the use of tools and techniques for
key project management processes
• Ensure that focus is maintained on the early stage
of the project life cycle
17
