FOPM Lecture 3

1. MP 5107
Fundamentals of Project Management
Lecture-3
(Creating Value, Organizational Systems, Project Environment)
Facilitator: Ahmed Aslam
Program: MS Project Management

2. Course Outline
Week 01 – Introduction to Project Management
Week 02 – Basic Concepts and Foundational Elements
Week 03 – Creating Value, Organizational Systems, Project Environment
Week 04 – Assignment-1, Project Development Approach and Life Cycle
Week 05 – The Role of Project Manager, Sponsor and Team
Week 06 – Global/Local Case Studies on Project Management
Week 07 – Presentations on Case Studies
Week 08 - Mid-term Examination
Week 09 – Project Stakeholder and Communication Management
Week 10 – Project Planning Performance Domain
Week 11 – Project Work and Delivery Performance Domain
Week 12 – Assignment-2, Project Measurement Performance Domain
Week 13 – Project Uncertainty Performance Domain
Week 14 – Practicing Adaptability and Resilience
Week 15 – Presentations on Final Project
Week 16 - Final Examination

3. A System for Value Delivery
• Creating Value
• Organizational Governance
• Functions Associated
• The Project Environment
• Product Management

4. Creating Value
• Customer needs
• Social/Environment benefit
• Efficiency/effectiveness
• Facilitate transition
• Sustainable benefits

5. Information Flow

6. Organizational Governance Systems
• Smooth workflow
• Framework/Guide
• Integration/Control
• Risk/Issue evaluation
• Business decisions
• Strategic alignment

7. Functions Associated with Projects
• Oversight & coordination
• Objectives & feedback
• Facilitate and support
• Contribute insights
• Apply expertise
• Business direction
• Resources & utilization

8. The Project Environment (Internal)
• Process assets
• Governance documentation
• Data assets
• Knowledge assets
• Security and safety
• Organizational culture/structure
• Geographic distribution
• Infrastructure
• Information technology software
• Resource availability
• Employee capability

9. The Project Environment (External)
• Marketplace conditions
• Social and cultural influences
• Regulatory environment
• Commercial databases
• Academic research
• Industry standards
• Financial considerations
• Physical environment

11. Product Management Considerations

12. Thank You!!!