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Project Management and overview
Project Management
Project Management and overview
Project Management Discipline
Project
A temporary endeavor undertaken to create
a unique product or service
Project Management
The application of knowledge, skills, tools and
techniques to project activities in order
to meet or exceed stakeholder needs and
expectations
Program
A group of projects managed in a coordinated
way to obtain benefits not available
from managing them individually
•Start and End date, allocated budget and available resources
•Dedicated Stakeholders
•Informed and Knowledgeable End user
•Empowered Project Office personnel
• Strict documentation
•Change management and risk mitigating process
•Estimation process for additional or in-scope deliverables
•PLANNING, CONTROLLING AND MANAGING.
Project Management and overview
Stake Holder Communication
Project
Manager
Top
Management
The
Customer
Regulators
Links -TBD
Project Team
Members
Line Managers
Other Projects
Vendors
Project Management and overview
Project Manager :a coach and mentor
The project manager’s leadership style should be matched to the
developmental level of the project team and
should move through successive steps of:
• Directing,
• Coaching,
• Supporting, and
• Delegating
Project Management and overview
Project Manager
• Project Manager not only leads and manages the
project but helps the team with attaining SMART
objectives for the project and the team.
• S : Specific
• M : Measurable
• A : Attainable
• R : Realistic
• T : Time bound
Project Management and overview
COMMUNICATION
• Communicate, Communicate and Record
Identify root
causes of
problems
Critical Path
Analysis
Earned
Value
Project
Reviews
Identify
significant
variances
Project
Meetings
Identify
significant
trends
Resource
Analysis
Trial
Solutions
Reports
Performance
Tests Results
Project Management and overview
Project Closure
• Project plan updates
• Documentation Archived
• Legal Contract Closure
• Administrative Closure for Resources
• Corrective actions
• Lessons learned
PM Framework and Integration
• Key Definitions
• Accountability
– Acceptance of success or failure
• Responsibility
– Assignment for completion of specific event or
activity
• Authority
– Right of an individual to make necessary decisions
required to achieve his objectives or responsibility
• Power
– Granted to an individual by the subordinates, peer
and is a measure of their respect for the individual
Introduction to Project Management
• Project
– A temporary endeavor undertaken to create a
unique product or service
– Operations (such as manufacturing) and projects
differ primarily in that operations are repetitive
and ongoing while projects are unique and
temporary (PMI)
– A unique process, consisting of coordinated and
controlled activities with start and finish dates, to
achieve an objective conforming to specific
requirements, including constraints of schedule,
cost and resources (ISO 10006)
Introduction to Project Management
• Program
– A group of projects managed in a coordinated way to obtain benefits not
available from managing them individually
– A program is inherently more complex than a constituting project – it has
a broader scope and may require extensive coordination between its
various constituting projects
– A project results in the creation of an output and is then ended, a
program must integrate and maintain the operationality of that output
for a specified period of time.
Project A
Project B
Project C
Program
X
Project D
Project E
Project F
Introduction to Project Management
• Project Management
– The application of knowledge, skills, tools and techniques to
project activities in order to meet or exceed stakeholder needs
and expectations
• Project Portfolio
– The project portfolio is the set of projects which an organization is
undertaking. Projects usually differ in their type, complexity, cost,
time requirement, risk level, priority, etc.
Project Management is primarily about leadership, integrating work occurring in all project
areas, steering the project in the right direction and effectively managing stakeholders and
complexity.
Example: The Sydney Olympic Games 2000
Events
Venues, Facilities
Accommodation
Transport
Media Facilities
and Coordination
Telecommunications
Security
Arrangements
Medical Care
Human Resources
and Volunteers
Cultural Olympiad
Pre-Games Training
IT-Projects
Opening and Closing
Ceremonies
Public Relations
Financing
Test Games and
Trial Events
Sponsorship
Management
The Sydney Olympic
Games 2000 was a
highly complex project
which comprised
several distinct work
areas, each of which
could be considered as
subprojects, in their own
right, and which all had
to be integrated and
coordinated within the
framework of the overall
Olympic project.
Courtesy: Assistant Professor Dr. Aurangzeb Zulfiqar Khan, Department of Management Sciences, COMSATS
Introduction to Project Management
• Project Management involves the following but is not limited to;
– Change Management
– Communication Management
– Deliverables Management
– Human Resource Management
– Quality Management
– Risk Management
– Financial/ Cost Management
– Monitoring and Control
– Customer Relationship Management ……
Project Management Context
• Project Stakeholders are;
– Individuals directly involved in project deliverables or
– Part of the project organization responsible for the project or
– Individuals that are positively or negatively affected by the project
• Project Stakeholders include;
– Project Manager
– Project Team Members
– Customer
– Performing organization
– Sponsor
– End Users …….
Project manager should create an environment in which project stakeholders,
contribute frequently and appropriately
Project Management Context
• Sponsor
– Upper level management that provides
guidance and controls effective use of
customer’s money on the project
• Performing Organization
– Enterprise whose employees are most directly
involved in doing the work of the project.
PM Framework and Integration
Project Life Cycle
Team Development
Managing Project Human Resources
Project Initiation Planning Executing/Control Closeout
Project
Organizing
Project
Scheduling
WBS
Control
Meetings
Project
Monitoring
Project
Closeout
Change and Risk Management
Contract and Customer Relationship Management
Process
Groups
Activities
Project Management Processes
» PM processes are divided into five phases or process groups
Initiating
Processes
Closing
Processes
Controlling
Processes Executing
Processes
Planning
Processes
Professional Responsibility
The Five Project Process Groups
Initiation
Planning
Implementation/
Execution
Defines and authorizes the project (or a phase
of the project).
Refines the project goal, scope, requirements
etc. and develops the project master plan.
Brings together all required resources to
undertake the project in accordance with the
master plan.
Closure
Formalizes acceptance of the project output by
the project customer and brings the project to
its end.
Monitoring, Evaluation &
Control
Monitors the project to identify and assess
shortfalls and variances and initiate corrective
action if needed.
About Project Management
Project Management is a formalized and structured method
comprising a set of interrelated processes and tools, ranging
from simple to complex, and is based on the accepted
principles of management used for planning, estimating and
controlling work activities with a view to developing specifically
defined outputs that are to be delivered by a certain time, to a
defined quality standard and with a given level of resources so
that the project goal and outcomes/benefits are realized.
Effective project management is essential for the success of
any project – whether in the private or public sectors – and
irrespective of its category, size and complexity.
Management by projects treats many aspects of ongoing operations as projects in order to
apply project management techniques to them.
Project Management Context
• Representative Project Life Cycle (typical)
– Initiation/Concept/Feasibility
– Planning/Development
– Execution/Implementation
– Control/Monitoring
– Close-out/Termination/Finish
Project Management Context
Initiation Planning Execution Closeout
Control
Project Cost and
Project Staffing
Human resource and project cost need is greatest in the execution phase
Project Management Life Cycle: Planning Commission of Pakistan
The Project Management Context
• Characteristics of Project Phases or Process
group
– Each project phase is marked by completion of one
or more deliverables (a tangible piece of work)
– Phase End reviews determine if the project should
continue to the next phase.
• Characteristics of the Project Life Cycle
– Serves to define the beginning and the end of a
project
– Project Life cycle is collection of project phases
Process Interactions
• Process – Series of actions bringing about a result.
• Individual processes within a process group are linked by
their inputs and outputs
• Each process is defined by
– Inputs: Documents or documentable items that will be acted
upon
– Tools and Techniques: Mechanisms applied to the inputs to create
the outputs
– Outputs: Documents or documentable items that are a result of
the process
Project Management Processes
• Core Processes
– Have clear dependencies that require them to be performed
in essentially the same order on most projects
– Example : planning, estimating, development, test etc.
• Facilitating Processes
– Dependent on the nature of the project
– Performed intermittently as needed but are not optional
– Example: Quality assurance, CCB Meetings, sponsor review
etc.
Major Project Management Standards
(Conventional Types and Customized)
“Off-the-Shelf” Project Management
Standards
“In-House” Project Management
Standards and Methodology
PMBOK, Prince 2,
IMPA Baseline,
APMBOK, P2M, BS
6079, AGILE, Sofware
Process Models
Examples:
Developed in Organizations
based on their own specific
requirements, policies and
environment and may
incorporate processes and
tools from one or more off-
the-shelf standards
Project Management Methodology
A methodology is a framework of processes and tools tested
on diverse projects.
Some of the reputable International organizations for
maintaining world wide standards and certifications for project
management are;
PMI – Project Management Institute (www.pmi.org)
PRINCE2 – PRojects IN Controlled Environments
IPMA - The International Project Management Association
APM - The Association of Project Management
The Project Management Body of Knowledge
The Project Management Institute’s Body of
Knowledge – PMBOK – is perhaps the most
widely acknowledged and popular project
management standard in existence. It is the
basis for the PMI’s coveted PMP certification
examinations.
Presently in its fourth version (2008), PMBOK
offers a comprehensive and sophisticated best
practices and process-based standard which
can be applied to different categories of
projects. At the heart of the PMBOK are the
nine areas of knowledge and five process
groups which find application over the project
life-cycle.
Introduction to Project Management
» Project Management Knowledge Areas – Per
PMI (Project Management Institute)
› Describe Project Management knowledge and practice in terms of
its component processes
› Mapping of the 9 knowledge areas to the five process groups.
PMBOK Knowledge Areas
» Project Integration Management
» Project Scope Management
» Project Time Management
» Project Cost Management
» Project Quality Management
» Project Human Resource Management
» Project Communications Management
» Project Risk Management
» Project Procurement Management
The 9 PMBOK Areas & 5 Process Groups
Integration Management
Scope Management
Time Management
Cost Management
Quality Management
Human Resource Management
Communication Management
Risk Management
Procurement Management
Project
Management
Knowledge
Areas
(PMBOK)
Initiation
Planning
Implementation/
Execution
Closure
P
R
O
C
E
S
S
E
S
42
Monitoring, Evaluation &
Control
9
Knowledge
Areas
5
Process
Groups
42
Processes
Project management lecture 33.pptx

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Project management lecture 33.pptx

  • 1. Project Management and overview Project Management
  • 2. Project Management and overview Project Management Discipline Project A temporary endeavor undertaken to create a unique product or service Project Management The application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations Program A group of projects managed in a coordinated way to obtain benefits not available from managing them individually •Start and End date, allocated budget and available resources •Dedicated Stakeholders •Informed and Knowledgeable End user •Empowered Project Office personnel • Strict documentation •Change management and risk mitigating process •Estimation process for additional or in-scope deliverables •PLANNING, CONTROLLING AND MANAGING.
  • 3. Project Management and overview Stake Holder Communication Project Manager Top Management The Customer Regulators Links -TBD Project Team Members Line Managers Other Projects Vendors
  • 4. Project Management and overview Project Manager :a coach and mentor The project manager’s leadership style should be matched to the developmental level of the project team and should move through successive steps of: • Directing, • Coaching, • Supporting, and • Delegating
  • 5. Project Management and overview Project Manager • Project Manager not only leads and manages the project but helps the team with attaining SMART objectives for the project and the team. • S : Specific • M : Measurable • A : Attainable • R : Realistic • T : Time bound
  • 6. Project Management and overview COMMUNICATION • Communicate, Communicate and Record Identify root causes of problems Critical Path Analysis Earned Value Project Reviews Identify significant variances Project Meetings Identify significant trends Resource Analysis Trial Solutions Reports Performance Tests Results
  • 7. Project Management and overview Project Closure • Project plan updates • Documentation Archived • Legal Contract Closure • Administrative Closure for Resources • Corrective actions • Lessons learned
  • 8. PM Framework and Integration • Key Definitions • Accountability – Acceptance of success or failure • Responsibility – Assignment for completion of specific event or activity • Authority – Right of an individual to make necessary decisions required to achieve his objectives or responsibility • Power – Granted to an individual by the subordinates, peer and is a measure of their respect for the individual
  • 9. Introduction to Project Management • Project – A temporary endeavor undertaken to create a unique product or service – Operations (such as manufacturing) and projects differ primarily in that operations are repetitive and ongoing while projects are unique and temporary (PMI) – A unique process, consisting of coordinated and controlled activities with start and finish dates, to achieve an objective conforming to specific requirements, including constraints of schedule, cost and resources (ISO 10006)
  • 10. Introduction to Project Management • Program – A group of projects managed in a coordinated way to obtain benefits not available from managing them individually – A program is inherently more complex than a constituting project – it has a broader scope and may require extensive coordination between its various constituting projects – A project results in the creation of an output and is then ended, a program must integrate and maintain the operationality of that output for a specified period of time. Project A Project B Project C Program X Project D Project E Project F
  • 11. Introduction to Project Management • Project Management – The application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations • Project Portfolio – The project portfolio is the set of projects which an organization is undertaking. Projects usually differ in their type, complexity, cost, time requirement, risk level, priority, etc. Project Management is primarily about leadership, integrating work occurring in all project areas, steering the project in the right direction and effectively managing stakeholders and complexity.
  • 12. Example: The Sydney Olympic Games 2000 Events Venues, Facilities Accommodation Transport Media Facilities and Coordination Telecommunications Security Arrangements Medical Care Human Resources and Volunteers Cultural Olympiad Pre-Games Training IT-Projects Opening and Closing Ceremonies Public Relations Financing Test Games and Trial Events Sponsorship Management The Sydney Olympic Games 2000 was a highly complex project which comprised several distinct work areas, each of which could be considered as subprojects, in their own right, and which all had to be integrated and coordinated within the framework of the overall Olympic project. Courtesy: Assistant Professor Dr. Aurangzeb Zulfiqar Khan, Department of Management Sciences, COMSATS
  • 13. Introduction to Project Management • Project Management involves the following but is not limited to; – Change Management – Communication Management – Deliverables Management – Human Resource Management – Quality Management – Risk Management – Financial/ Cost Management – Monitoring and Control – Customer Relationship Management ……
  • 14. Project Management Context • Project Stakeholders are; – Individuals directly involved in project deliverables or – Part of the project organization responsible for the project or – Individuals that are positively or negatively affected by the project • Project Stakeholders include; – Project Manager – Project Team Members – Customer – Performing organization – Sponsor – End Users ……. Project manager should create an environment in which project stakeholders, contribute frequently and appropriately
  • 15. Project Management Context • Sponsor – Upper level management that provides guidance and controls effective use of customer’s money on the project • Performing Organization – Enterprise whose employees are most directly involved in doing the work of the project.
  • 16. PM Framework and Integration Project Life Cycle Team Development Managing Project Human Resources Project Initiation Planning Executing/Control Closeout Project Organizing Project Scheduling WBS Control Meetings Project Monitoring Project Closeout Change and Risk Management Contract and Customer Relationship Management Process Groups Activities
  • 17. Project Management Processes » PM processes are divided into five phases or process groups Initiating Processes Closing Processes Controlling Processes Executing Processes Planning Processes Professional Responsibility
  • 18. The Five Project Process Groups Initiation Planning Implementation/ Execution Defines and authorizes the project (or a phase of the project). Refines the project goal, scope, requirements etc. and develops the project master plan. Brings together all required resources to undertake the project in accordance with the master plan. Closure Formalizes acceptance of the project output by the project customer and brings the project to its end. Monitoring, Evaluation & Control Monitors the project to identify and assess shortfalls and variances and initiate corrective action if needed.
  • 19. About Project Management Project Management is a formalized and structured method comprising a set of interrelated processes and tools, ranging from simple to complex, and is based on the accepted principles of management used for planning, estimating and controlling work activities with a view to developing specifically defined outputs that are to be delivered by a certain time, to a defined quality standard and with a given level of resources so that the project goal and outcomes/benefits are realized. Effective project management is essential for the success of any project – whether in the private or public sectors – and irrespective of its category, size and complexity. Management by projects treats many aspects of ongoing operations as projects in order to apply project management techniques to them.
  • 20. Project Management Context • Representative Project Life Cycle (typical) – Initiation/Concept/Feasibility – Planning/Development – Execution/Implementation – Control/Monitoring – Close-out/Termination/Finish
  • 21. Project Management Context Initiation Planning Execution Closeout Control Project Cost and Project Staffing Human resource and project cost need is greatest in the execution phase
  • 22. Project Management Life Cycle: Planning Commission of Pakistan
  • 23. The Project Management Context • Characteristics of Project Phases or Process group – Each project phase is marked by completion of one or more deliverables (a tangible piece of work) – Phase End reviews determine if the project should continue to the next phase. • Characteristics of the Project Life Cycle – Serves to define the beginning and the end of a project – Project Life cycle is collection of project phases
  • 24. Process Interactions • Process – Series of actions bringing about a result. • Individual processes within a process group are linked by their inputs and outputs • Each process is defined by – Inputs: Documents or documentable items that will be acted upon – Tools and Techniques: Mechanisms applied to the inputs to create the outputs – Outputs: Documents or documentable items that are a result of the process
  • 25. Project Management Processes • Core Processes – Have clear dependencies that require them to be performed in essentially the same order on most projects – Example : planning, estimating, development, test etc. • Facilitating Processes – Dependent on the nature of the project – Performed intermittently as needed but are not optional – Example: Quality assurance, CCB Meetings, sponsor review etc.
  • 26. Major Project Management Standards (Conventional Types and Customized) “Off-the-Shelf” Project Management Standards “In-House” Project Management Standards and Methodology PMBOK, Prince 2, IMPA Baseline, APMBOK, P2M, BS 6079, AGILE, Sofware Process Models Examples: Developed in Organizations based on their own specific requirements, policies and environment and may incorporate processes and tools from one or more off- the-shelf standards
  • 27. Project Management Methodology A methodology is a framework of processes and tools tested on diverse projects. Some of the reputable International organizations for maintaining world wide standards and certifications for project management are; PMI – Project Management Institute (www.pmi.org) PRINCE2 – PRojects IN Controlled Environments IPMA - The International Project Management Association APM - The Association of Project Management
  • 28. The Project Management Body of Knowledge The Project Management Institute’s Body of Knowledge – PMBOK – is perhaps the most widely acknowledged and popular project management standard in existence. It is the basis for the PMI’s coveted PMP certification examinations. Presently in its fourth version (2008), PMBOK offers a comprehensive and sophisticated best practices and process-based standard which can be applied to different categories of projects. At the heart of the PMBOK are the nine areas of knowledge and five process groups which find application over the project life-cycle.
  • 29. Introduction to Project Management » Project Management Knowledge Areas – Per PMI (Project Management Institute) › Describe Project Management knowledge and practice in terms of its component processes › Mapping of the 9 knowledge areas to the five process groups.
  • 30. PMBOK Knowledge Areas » Project Integration Management » Project Scope Management » Project Time Management » Project Cost Management » Project Quality Management » Project Human Resource Management » Project Communications Management » Project Risk Management » Project Procurement Management
  • 31. The 9 PMBOK Areas & 5 Process Groups Integration Management Scope Management Time Management Cost Management Quality Management Human Resource Management Communication Management Risk Management Procurement Management Project Management Knowledge Areas (PMBOK) Initiation Planning Implementation/ Execution Closure P R O C E S S E S 42 Monitoring, Evaluation & Control