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PROJECT MANAGEMENT
Fundamentals
Slides Summary
ļµ What is a project
ļµ Why try to manage a project
ļµ Projects are just projects
ļµ Project Life Cycle
ļµ Project management processes
ļµ Project manager
ļµ Management vs. Leadership
ļµ Projects Environment
ļµ Organizational structures
ļµ Project Management Office
ļµ Forms of power
What is a project?
PROJECT
=
TEMPORARY ENDEAVOUR
Main characteristics:
- Are undertaken to create unique deliverables
- Projects drive change, have risks
Why try to manage a project?
Project management is about trying to manage projects in order to
deliver within constrains effectively and efficiently
Project initiation context:
ā€¢ Meet regulatory, legal or social requirements
ā€¢ Satisfy stakeholder requests or needs
ā€¢ Implement or change business or technological strategies
ā€¢ Create, improve, or ļ¬x products, processes, or services
PROJECT
COST
QUALITY
Projects are ā€˜justā€™ projects
PROGRAM
Group of projects and
subs programs
PROJECTS, PROGRAMS, PORTFOLIOS do not have the same
scope, can share same stakeholders and resources
single PROJECT
PORTFOLIO
Group of programs,
projects, subs porfolios
and operations
A project can pass through multiple phases in its life cycle before
completion. Project life cycles can be structured as:
- PREDICTIVE
- ITERATIVE
- INCREMENTAL*
- ADAPTIVE*
- HYBRID*
Project Life Cycle
Phase
Gate
Phase
PROJECT
START END
* just development life cycle
Project Life Cycle
PREDICTIVE ITERATIVE
Scope, time and cost
determined in the
early phases
(WATERFALL LIFE
CYCLE)
ADAPTIVE
Scope determined early, time
and costs modified with product
development
CYCLE ļƒ  DEVELOPMENT
INCREMENTļƒ  + FUNCTIONALITY
INCREMENTAL
Deliverable produced trough a
series of cycles within a
predetermined timeframe
HYBRID
Iterative or incremental, scope
determined before each cycle
(AGILE or CHANGE DRIVEN LIFE CYCLE)
Combination of adaptive (for
unknown elements) and predictive
Project management processes
The project life cycle is managed by executing a series of activities known as
PROJECT MANAGEMENT PROCESSES. PMBOKĀ® describes 49 processes divided by:
Nota: PROCESSES ā‰  PHASES !
5 GROUPSintegration 10 KNOWLEDGE AREAS
Initiating
Planning
Executing
Monitoring
& Controlling
Closing
Project management processes
Integration Scope Schedule Cost Quality Resources Communication Risk Procurement Stakeholder
Initialize
- Develop
Project
Schedule
- Identify
stakeholders
Plan
- Develop
Project
Management
Plan
- Plan scope
management
- Collect
requirements
- Define scope
- Create WBS
- Plan schedule
management
- Define
activities
- Sequence
activities
- Estimate
activities
durations
- Develop
schedule
- Plan cost
management
- Estimate
costs
- Determine
budget
- Plan quality
management
- Plan
resource
management
- Estimate
activity
resources
- Plan comm
management
- Plan risk
management
- Identify risks
- Perform
qualitative
risk analysis
- Perform
quantitative
risk analysis
- Plan risk
response
- Plan proc
management
- Plan
stakeholder
engagement
Execute
- Direct &
Manage Project
Work
- Manage
Project
Knowledge
- Manage
quality
- Acquire
resources
- Develop
team
- Manage
team
- Manage comm
- Implement
risk response
- Conduct
procurements
- Manage
stakeholder
engagement
Monitor
and
Control
- M&C project
work
- Perform
integrated
change control
- Validate scope
- Control scope
- Control
schedule
- Control
costs
- Control
quality
- Control
resources
- Monitor comm - Monitor risk
- Control
procurements
- Monitor
stakeholder
engagement
Close
- Close Project
or phase Nota: process has inputs, characteristic tools & techniques, and at least 1 output
Project manager
The project MANAGER
LEADS
The project TEAM
in order to achieve
The projectā€™s OBJECTIVES
Key skills are:
The PM role is tailored to the organization
as well as processes must be tailored to fit the project
Technical
Project management Leadership
Strategic and
Business management
Ref. The PMI Talent TriangleĀ®
MANAGEMENT LEADERSHIP
Direct
using positional power
Guide, influence, collaborate
using relational power
Maintain Develop
Administrate Innovate
Focus on systems and structure Focus on relationships w people
Rely on control Inspire trust
Focus on near-term goals Focus on long-range vision
Ask how and then Ask what and why
Focus on bottom line Focus on the horizon
Accept status quo Challenge status quo
Do things right Do right things
Focus on operational issues and problem
solving
Focus on vision, alignment, motivation,
inspiration
Management vs. Leadership
Ref. PMBOKĀ®
PM needs to employ both leadership and management in order to be successfull
How leadership and management are balanced should depends on
each situation with the PM's LEADERSHIP STYLE chosen
LAISSEZ-FAIRE
TRANSACTIONAL
SERVANT LEADER
TRANSFORMATIONAL
CHARISMATIC
INTERACTIONAL
Hands-off style, allows team to make their own decisions
Rewards based on goals accomplishments
Emerges putting people first
Empowering members led by inspiration and encouragement
Inspirational leadership based on personality
Transactional, transformational and charismatic combined
Management vs. Leadership
Projects Environment
Environment may influence projects with favorable or unfavorable
impact. Influences are categorized as EEFs and OPAs
ENTERPRISE ENVIRONMENTAL
FACTORs
Originate from outside of the project,
often out of the enterprise
Can influence projects as well as
programs and portfolios
ORGANIZATIONAL PROCESS
ASSETs
From previous experiences, can be
- processes, policies, procedures
- organizational knowledge bases
Organizational structures
Structure adopted by organization depends on multiple variables to be considered
into strategic evaluations. Type of structure highly influences projects
TYPE Work groups PM role BUDGET
SIMPLE Low departimentalization
Typical flat hierarchy
Part-time or
not designated
Owner or
operator
FUNCTIONAL Practical specialization
(departments)
Part-time or
not designated
Functional
manager
WEAK MATRIX By job function Part-time Functional
manager
BALANCED MATRIX By job function Part-time Mixed
STRONG MATRIX By job function Full-time PM
PROJECT-ORIENTED Project Full-time PM
Other structures: multi-divisional, virtual, hybrid
PM authority
Resources availability
Organizational structures
Functional
manager
Functional
manager
Functional
manager
staff
staff
staff
staff
staff
staff
staff
staff
staff
Executive management
FUNCTIONAL
Functional
manager
Functional
manager
Functional
manager
staff
staff
staff
staff
staff
staff
staff
staff
staff
Project
manager
Executive management
BALANCEDMATRIX
Functional
manager
Functional
manager
Functional
manager
staff
staff
staff
staff
staff
staff
staff
staff
staff
Project
controller
Executive management
BALANCEDMATRIX
Project
coordinator
Functional
manager
Functional
manager
Functional
manager
staff
staff
staff
staff
staff
staff
staff
staff
staff
PMO
director
Executive management
STRONGMATRIX PM
PM
PM
Project Management Office
An organizational structure with supportive aim to PMs is
the Project Management Office PMO, which can be a:
SUPPORTIVE PMO
CONTROLLING PMO
DIRECTIVE PMO
Low control structure, serves as projects repository
Moderate control, provides support and requires compliance
through various means
High control, directly manages projects
PM are assigned by and report to the PMO
BONUS SLIDE: FORMS OF POWER
Purpose of project management is to achieve project goals, the root of qualities
helping goal achievement is the ability to deal with politics, which involves power
REWARD-ORIENTED
GUILT-BASED
SITUATIONAL
FORMS
OF
POWER
POSITIONAL
PERSUASIVE
REFERENT
PRESSURE-BASED
INGRATIATING
CHARISMATIC
RELATIONAL
AVOIDING
INFORMATIONALPUNITIVE
RELATIONAL
EXPERT

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Project management fundamentals

  • 2. Slides Summary ļµ What is a project ļµ Why try to manage a project ļµ Projects are just projects ļµ Project Life Cycle ļµ Project management processes ļµ Project manager ļµ Management vs. Leadership ļµ Projects Environment ļµ Organizational structures ļµ Project Management Office ļµ Forms of power
  • 3. What is a project? PROJECT = TEMPORARY ENDEAVOUR Main characteristics: - Are undertaken to create unique deliverables - Projects drive change, have risks
  • 4. Why try to manage a project? Project management is about trying to manage projects in order to deliver within constrains effectively and efficiently Project initiation context: ā€¢ Meet regulatory, legal or social requirements ā€¢ Satisfy stakeholder requests or needs ā€¢ Implement or change business or technological strategies ā€¢ Create, improve, or ļ¬x products, processes, or services PROJECT COST QUALITY
  • 5. Projects are ā€˜justā€™ projects PROGRAM Group of projects and subs programs PROJECTS, PROGRAMS, PORTFOLIOS do not have the same scope, can share same stakeholders and resources single PROJECT PORTFOLIO Group of programs, projects, subs porfolios and operations
  • 6. A project can pass through multiple phases in its life cycle before completion. Project life cycles can be structured as: - PREDICTIVE - ITERATIVE - INCREMENTAL* - ADAPTIVE* - HYBRID* Project Life Cycle Phase Gate Phase PROJECT START END * just development life cycle
  • 7. Project Life Cycle PREDICTIVE ITERATIVE Scope, time and cost determined in the early phases (WATERFALL LIFE CYCLE) ADAPTIVE Scope determined early, time and costs modified with product development CYCLE ļƒ  DEVELOPMENT INCREMENTļƒ  + FUNCTIONALITY INCREMENTAL Deliverable produced trough a series of cycles within a predetermined timeframe HYBRID Iterative or incremental, scope determined before each cycle (AGILE or CHANGE DRIVEN LIFE CYCLE) Combination of adaptive (for unknown elements) and predictive
  • 8. Project management processes The project life cycle is managed by executing a series of activities known as PROJECT MANAGEMENT PROCESSES. PMBOKĀ® describes 49 processes divided by: Nota: PROCESSES ā‰  PHASES ! 5 GROUPSintegration 10 KNOWLEDGE AREAS Initiating Planning Executing Monitoring & Controlling Closing
  • 9. Project management processes Integration Scope Schedule Cost Quality Resources Communication Risk Procurement Stakeholder Initialize - Develop Project Schedule - Identify stakeholders Plan - Develop Project Management Plan - Plan scope management - Collect requirements - Define scope - Create WBS - Plan schedule management - Define activities - Sequence activities - Estimate activities durations - Develop schedule - Plan cost management - Estimate costs - Determine budget - Plan quality management - Plan resource management - Estimate activity resources - Plan comm management - Plan risk management - Identify risks - Perform qualitative risk analysis - Perform quantitative risk analysis - Plan risk response - Plan proc management - Plan stakeholder engagement Execute - Direct & Manage Project Work - Manage Project Knowledge - Manage quality - Acquire resources - Develop team - Manage team - Manage comm - Implement risk response - Conduct procurements - Manage stakeholder engagement Monitor and Control - M&C project work - Perform integrated change control - Validate scope - Control scope - Control schedule - Control costs - Control quality - Control resources - Monitor comm - Monitor risk - Control procurements - Monitor stakeholder engagement Close - Close Project or phase Nota: process has inputs, characteristic tools & techniques, and at least 1 output
  • 10. Project manager The project MANAGER LEADS The project TEAM in order to achieve The projectā€™s OBJECTIVES Key skills are: The PM role is tailored to the organization as well as processes must be tailored to fit the project Technical Project management Leadership Strategic and Business management Ref. The PMI Talent TriangleĀ®
  • 11. MANAGEMENT LEADERSHIP Direct using positional power Guide, influence, collaborate using relational power Maintain Develop Administrate Innovate Focus on systems and structure Focus on relationships w people Rely on control Inspire trust Focus on near-term goals Focus on long-range vision Ask how and then Ask what and why Focus on bottom line Focus on the horizon Accept status quo Challenge status quo Do things right Do right things Focus on operational issues and problem solving Focus on vision, alignment, motivation, inspiration Management vs. Leadership Ref. PMBOKĀ® PM needs to employ both leadership and management in order to be successfull
  • 12. How leadership and management are balanced should depends on each situation with the PM's LEADERSHIP STYLE chosen LAISSEZ-FAIRE TRANSACTIONAL SERVANT LEADER TRANSFORMATIONAL CHARISMATIC INTERACTIONAL Hands-off style, allows team to make their own decisions Rewards based on goals accomplishments Emerges putting people first Empowering members led by inspiration and encouragement Inspirational leadership based on personality Transactional, transformational and charismatic combined Management vs. Leadership
  • 13. Projects Environment Environment may influence projects with favorable or unfavorable impact. Influences are categorized as EEFs and OPAs ENTERPRISE ENVIRONMENTAL FACTORs Originate from outside of the project, often out of the enterprise Can influence projects as well as programs and portfolios ORGANIZATIONAL PROCESS ASSETs From previous experiences, can be - processes, policies, procedures - organizational knowledge bases
  • 14. Organizational structures Structure adopted by organization depends on multiple variables to be considered into strategic evaluations. Type of structure highly influences projects TYPE Work groups PM role BUDGET SIMPLE Low departimentalization Typical flat hierarchy Part-time or not designated Owner or operator FUNCTIONAL Practical specialization (departments) Part-time or not designated Functional manager WEAK MATRIX By job function Part-time Functional manager BALANCED MATRIX By job function Part-time Mixed STRONG MATRIX By job function Full-time PM PROJECT-ORIENTED Project Full-time PM Other structures: multi-divisional, virtual, hybrid PM authority Resources availability
  • 15. Organizational structures Functional manager Functional manager Functional manager staff staff staff staff staff staff staff staff staff Executive management FUNCTIONAL Functional manager Functional manager Functional manager staff staff staff staff staff staff staff staff staff Project manager Executive management BALANCEDMATRIX Functional manager Functional manager Functional manager staff staff staff staff staff staff staff staff staff Project controller Executive management BALANCEDMATRIX Project coordinator Functional manager Functional manager Functional manager staff staff staff staff staff staff staff staff staff PMO director Executive management STRONGMATRIX PM PM PM
  • 16. Project Management Office An organizational structure with supportive aim to PMs is the Project Management Office PMO, which can be a: SUPPORTIVE PMO CONTROLLING PMO DIRECTIVE PMO Low control structure, serves as projects repository Moderate control, provides support and requires compliance through various means High control, directly manages projects PM are assigned by and report to the PMO
  • 17. BONUS SLIDE: FORMS OF POWER Purpose of project management is to achieve project goals, the root of qualities helping goal achievement is the ability to deal with politics, which involves power REWARD-ORIENTED GUILT-BASED SITUATIONAL FORMS OF POWER POSITIONAL PERSUASIVE REFERENT PRESSURE-BASED INGRATIATING CHARISMATIC RELATIONAL AVOIDING INFORMATIONALPUNITIVE RELATIONAL EXPERT