3. "A project is a temporary endeavor
undertaken to create a unique product,
service or result"
WHAT IS A PROJECT?
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4. "A project is a temporary endeavor
undertaken to create a unique product,
service or result"
WHAT IS A PROJECT?
Page 10
Temporary: definite start and definite end
5. "A project is a temporary endeavor
undertaken to create a unique product,
service or result"
WHAT IS A PROJECT?
Page 10
Temporary: definite start and definite end
Unique: every project is different from one another and
creates a unique product, service, or result
11. Projects vs Operations
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No specific end date
Repetitive activites
Project Boundaries: project conception till successful
product handover
12. "Project management is the application of
knowledge, skills, tools and techniques to project
activities to meet project requirements"
WHAT IS PROJECT MANAGEMENT?
- PMBoK Guide
13. "Managing a project so that you can achieve all its
goals while dealing effectively with all project
constraints"
WHAT IS PROJECT MANAGEMENT?
14. "Managing a project so that you can achieve all its
goals while dealing effectively with all project
constraints"
WHAT IS PROJECT MANAGEMENT?
Project goals:
Deliver product, service or result
On time
Within budget
With required specifications
Ensuring quality
15. "Managing a project so that you can achieve all its
goals while dealing effectively with all project
constraints"
WHAT IS PROJECT MANAGEMENT?
Project goals:
Deliver product, service or result
On time
Within budget
With required specifications
Ensuring quality
Project constraints:
Scope
Cost
Time
Quality
Resources
20. 2. Planning
Failure to plan is planning to fail
Work Breakdown Structure
Activities and their sequence
Estimating resources and durations
Developing schedule
21. 2. Planning (2)
Estimating cost and developing budget
Planning for quality, HR, communications, risk, procurement, stakeholder
25. SCHEDULE
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A basic unit, used to plan, monitor, and control a project
A time table of activities show their durations and
sequence
Resources and cost is associated with the schedule
29. Other uses of the schedule
Making procurement schedules
Resource optimization
Making time and cost claims
Identifying critical and near critical paths
Many others..