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Art and Science of Project
Management
(V1.1)
Willow Junya
November 8, 2007
Topics
• Science of Project Management
• Art of Project Management
• Scenarios
Science of Project Management
• WWPMM
• PMBOK
• Other tools
– Build activities
– Calculate schedule
– Determine Budgets
– Forecast resource requirements
– Measure performance
– Estimate risk probabilities
Art of Project management
Is how to use the tools and applying the
techniques to achieve project goals
Scenarios
• Estimating the known unknown
• Missing major milestones
• Managing unrealistic project schedule
Estimating the known unknown
• Develop activities in phases
• Identify tasks with the greatest
unpredictability
• Focus on the factors causing
the risk
• Develop risk management
strategy for monitoring or
controlling these factors
• Create management reserve in
the project plan. Use the
management reserve when the
unpredictable arises
• Communicate and set
expectation with stakeholders
Missing Major Milestones
• Review SOW and determine
current project status and
budget
• Prioritize the remaining scope
• Identify critical path
• Create a project plan with
infinite resources
• Identify and add new
resources, do not expect
immediate productivity
• Present project plan with
realistic estimated schedule
• Schedule daily project status
meetings focusing on
completing near-term tasks
"Our last Project Manager hit the ground running,
but he lacked direction."
Managing unrealistic project
schedule
• Ensure the scope and
deliverables are clear and
really necessary to accomplish
the purpose
• Develop project plan options
for what can be done to meet
the goal
• Perform risk assessment to
identify danger points
• Frequently reporting progress
status
• Raise the alarm on the
performance won’t match the
plan
• Do not give up on changing
project sponsor’s expectations

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Art and science of project management v11-010-25-07

  • 1. Art and Science of Project Management (V1.1) Willow Junya November 8, 2007
  • 2. Topics • Science of Project Management • Art of Project Management • Scenarios
  • 3. Science of Project Management • WWPMM • PMBOK • Other tools – Build activities – Calculate schedule – Determine Budgets – Forecast resource requirements – Measure performance – Estimate risk probabilities
  • 4. Art of Project management Is how to use the tools and applying the techniques to achieve project goals
  • 5. Scenarios • Estimating the known unknown • Missing major milestones • Managing unrealistic project schedule
  • 6. Estimating the known unknown • Develop activities in phases • Identify tasks with the greatest unpredictability • Focus on the factors causing the risk • Develop risk management strategy for monitoring or controlling these factors • Create management reserve in the project plan. Use the management reserve when the unpredictable arises • Communicate and set expectation with stakeholders
  • 7. Missing Major Milestones • Review SOW and determine current project status and budget • Prioritize the remaining scope • Identify critical path • Create a project plan with infinite resources • Identify and add new resources, do not expect immediate productivity • Present project plan with realistic estimated schedule • Schedule daily project status meetings focusing on completing near-term tasks "Our last Project Manager hit the ground running, but he lacked direction."
  • 8. Managing unrealistic project schedule • Ensure the scope and deliverables are clear and really necessary to accomplish the purpose • Develop project plan options for what can be done to meet the goal • Perform risk assessment to identify danger points • Frequently reporting progress status • Raise the alarm on the performance won’t match the plan • Do not give up on changing project sponsor’s expectations