Presintation on Project constraint

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Presintation on Project constraint

  1. 1. Project Scope Management Project Cost Management Project Time Management Name & section: Ishaq Ali bba 8th sec A 5/1/2014 1 Project Planning: Managing the Triple Constraints Quality ResourcesShedule
  2. 2. 2 Session Focus • Summary of Scope, Time & Cost • Review of project management terms & techniques for controlling Scope, Time & Cost • Tools you can use to manage Scope, Time & Cost • Hands on introduction to the tools
  3. 3. 3 The Project Management Knowledge Areas • 1. Project Integration • 2. Scope Management • 3. Time Management • 4. Cost Management • 5. Quality Management • 6. Human Resource Management • 7. Communications Management • 8. Risk Management • 9. Procurement Management
  4. 4. 4 Triple constraints Quality
  5. 5. 5 Project Scope management • Defined: What is included in the project, as well as what is to be excluded.(what the project needs to deliver), OR • The procecc required to ensure that the project includes all the work required, and only the work, required to complete the project successfully. • i.e…project recruitment specification for achieving the end result, • Main component of scope is quality of product, • The overall defination of what the project is suppesed to accomplish, • Management techniques: • Conduct a thorough needs analysis • Define what’s in and what’s out • Clearly identify the projects goal, objectives and main drivers • Checking to ensure the one is completing work • Saying No o additional work not in the charter • Preventing extra work
  6. 6. 6 Project Scope Management Tools & Techniques: • Scope Overview: Project Overview Statement summarizing the Project, Goal, Objectives, Success criteria, Assumptions, Risks and Obstacles • Scope Planning-Create a project scope management plan documenting how the project scope will be defined, verified, controlled, and how the work breakdown structure will be created and defined. • Scope Definition-Develop a detailed project scope statement as the basis for project decisions • Creation of a Work Breakdown Structure (WBS)-Subdivide the major project deliverables and project work into smaller, more manageable components • Scope Verification-formalizing acceptance of the completed project deliverables • Scope Control-controlling changes to the project scope
  7. 7. 7 Time Shedule
  8. 8. 8 Time management • Defined: A mechanism to ensure the project is completed on time, within the resources available, and avoids delays and associated cost overruns . Project Time Management Techniques: • Activity Definition • Activity Sequencing • Activity Resource Estimating • Activity Duration Estimating • Schedule Development • Schedule Control “For explanation see next slides”
  9. 9. 9 Activity Definition • The Activity Definition process identifies deliverables at the lowest level (work package) in the work breakdown structure. • Work packages are further broken down to provide a basis for estimating, scheduling, executing, and monitoring and controlling the project work.
  10. 10. 10 Activity Sequencing • Activity sequencing involves identifying & documenting the relationships among schedule activities • Network Diagram: Schematic displays of the project’s schedule and the logical relationship among them.
  11. 11. 11 Activity Resource Estimating • Determining what resources (people, equipment or material) will be needed, when and how much. • Tools & Techniques: • Professional judgment • Alternatives analysis • Published estimating data • Project Management software • Bottom-up Estimating
  12. 12. 12 Activity Duration Estimating • Tools & Techniques • Expert judgment • Analogous estimating • Parametric estimating • Three-point estimates • Reserve analysis
  13. 13. 13 Schedule Development • Determines the planned start and finish dates for the project activities. • Schedule estimates can require that time and resource estimates are reviewed to create a project schedule that can serve as a baseline tracking tool. • Tools & Techniques: • Schedule network analysis • Critical path method calculates the possible start and end dates for project activities and the project overall.
  14. 14. 14 Schedule control • Tools & Techniques • Progress reporting • Schedule change control system • Performance measurement to produce the schedule variance • PM software • Variance analysis • Schedule comparison bar charts-comparison of planned vs. actual schedules
  15. 15. 15 Cost Resources
  16. 16. 16 Cost • Defined: The cost of all resources required to perform and complete incremental tasks and the overall project • Management techniques: • Gather internal and external costs. • Look to vendor references • Estimate recurring costs • Usually 15%+ of initial hardware/software cost
  17. 17. 17 Project Cost Management Techniques • Cost Estimating • Cost Budgeting • Cost Control “For explanation see next slides”
  18. 18. 18 Cost Estimating • Developing an approximate cost of the resources needed to complete the project • Tools & Techniques: • Analogous Estimating: Based on similar projects • Bottom-up Estimating: Costs at lowest level are ‘rolled up’ for reporting and tracking • Parametric Estimating: Base on statistical information • PM software • Vendor Bid Analysis
  19. 19. 19 Cost Budgeting • Defined: Total the estimated costs of different work packages to establish a baseline for measuring project performance. • Tools & Techniques: • Cost Aggregation: Scheduled activity cost estimates are totaled in accordance with the WBS. • Parametric estimating: Using mathematic models to predict costs. • Reserve Analysis: Establishes contingency reserves • Funding Limit Reconciliation: Work scheduled to limit expenditures
  20. 20. 20 Cost control • Cost change control system • Performance measurement analysis • Forecasting • Project performance reviews • Project Management software • Variance management
  21. 21. 21 Thank you

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