Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Project Management

566 views

Published on

What makes a good project? Introduction to the 4 key stages of project management from initiation through to completion.

Published in: Business, Technology
  • Be the first to comment

  • Be the first to like this

Project Management

  1. 1. PROJECTMANAGEMENTE.O’ConnorSeptember 2010
  2. 2. Projects bring together resources, skills & technology toachieve the objectives & deliver the business benefits.Good project management helps ensure risks are identified &managed, objectives & benefits are achieved on time, inbudget & to the required quality.Projects are finite in duration
  3. 3. What makes a good project? Governance Clarity of scope & deliverables The right people, systems & processes Good communications Standardised reporting of issues, risks, assumptions & contingencies Management of an overall schedule with active reviews A business case & budget A transition plan into business as usual
  4. 4. The 4-step processInitiationPlanning & designExecutionCompletion
  5. 5. InitiationProject Brief documents what the project is expected to accomplish,how this will be measured, the key workpackages & participants plusany constraints & assumptions.Outline Business Case is developed & refined during next phase.Project Manager assigned.
  6. 6. Planning & designThis phase involves determining the set of discrete activities requiredto deliver the project. Captured as a Work Breakdown Structure.Project Initiation Document provides the baseline ‘agreement’ againstwhich the project can be assessed.Develop Project Schedule.
  7. 7. Example: high-level work breakdown structure
  8. 8. Example: outline project schedule
  9. 9. ExecutionConsists of undertaking the work and co-ordinating resources toaccomplish the project’s objectives in accordance with the plan.Measure, monitor & control. Trust, but verify!Maintain project schedule.
  10. 10. CompletionThe formal acceptance of the project against the defined criteria,together with an end-of-project report including lessons learned.Transition project into ‘life’ (business as usual).Ensure tools, processes, skills & resources are in place, together withappropriate documentation.
  11. 11. The project management quality triangleOne side of the triangle cannot be changed without affecting the others.For example: increased scope typicallymeans increased time and increased cost. Time Scope Cost

×