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Project Management Cornucopia

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Presentation to Institute of Management Accountants on Project Management.

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Project Management Cornucopia

  1. 1. Project Management Mark Kohls, MBA Independent IT Project Manager Project Management Professional (PMP)
  2. 2. Tonight’s Questions What is a project manager & just what do they do all day? What is the PM industry like and how does PMI play a role? How does a project manager fit into the organizational structure? What value does a PM bring to an organization? What examples can you provide of common documentation created by a PM? How does accounting play a part in PM?
  3. 3. What is a Project Manager? Manages projects with these constraints: – Scope – Time – Cost – Quality – Risk – Customer Satisfaction
  4. 4. What is a Project Manager? Follows PM processes: – Initiating – Planning – Executing – Monitoring & Controlling – Closing
  5. 5. How does a project manager fit into the organizational structure? Job Titles: – Project Manager – Senior Project Manager – Director of Project Management Office (PMO) – Program Manager IT – Infrastructure – Application Development Sales & Marketing R&D Process PMO often reports to CEO, President or VP Strategy Matrixed Organizations
  6. 6. What is the PM industry like? – Project Managers can be consultants or employees – Some Consultancies Specialize in PM (ie: Praxilient) – PMs can be oriented to a discipline IT Engineering Process
  7. 7. How does PMI play a role? PMI = Project Management Institute – 500,000 members in 170 countries Maintains PMBOK – Project Management Body of Knowledge – Helps set global standards – Methodology Research Certifies Project Managers and Program Managers Member Tools: Virtual library, Advocacy, Educational Programs, Chapter Ties
  8. 8. Project Manager Value Understands the whole project – Business purpose – Stakeholders – Task level – Task dependencies Keeps the project on schedule, budget Identifies resources & skill-sets needed Communicates to management Helps analyze risk and quality.
  9. 9. Project Manager Value - Continued Builds the team Plans the project with the team Executes the project Communicates Reduces risk Makes adjustments to the plan and resources as needed
  10. 10. Example Initiation Phase Documentation
  11. 11. Planning: Write Project Charter
  12. 12. Example Planning Phase Documentation
  13. 13. Work Breakdown Structure
  14. 14. Project Kick Off Meeting
  15. 15. Example Executing Phase Documentation
  16. 16. Run Status Meetings; Write Minutes
  17. 17. Translate Technical Information into Business Information
  18. 18. Example Controlling Phase Documentation
  19. 19. Write Weekly Status Reports for Project Sponsors
  20. 20. Example Closing Phase Documentation
  21. 21. How does Accounting and Finance play a part in PM? Budget Payment of invoices Capitalization versus expenses Tax considerations Tracking of expenses for each project Validation of project ROI Team members
  22. 22. Questions? Thank you for allowing me to earn 10 PDUs toward my recertification as a PMP in 2012. If you need to reach me: – Mark Kohls, MBA – Project Management Professional – 920-434-6930 – Mark.Kohls@ATT.com

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