This session covers following points: 1. Business: Functions, Inputs & Classification 2. Projects in Business Ecosystem & Importance 3. What is Project, Program Vs. Project 4. Project Management Life Cycle 5. The Role of Project Manager Agile Project Management 6. Project Management Today: A Socio-Technical Approach

1. Modern Project
Management
Md. Masudur Rahman, PMP
`
Unit 01 - Session 01

2. ABOUT ME
 Graduation From KUET
 Subject Computer Science & Engineering (CSE)
 Years of Experience 12+ Years
 2009: Assistant Programmer
 2010: Software Engineer (MIR
Group)
 2012: Senior Software
Engineer (Team Lead)
 2015: Project Manager
 2016: IT Project Manager
(MetLife)
 2019: BCS Administration
Cadre
WORK EXPERIENCE
Project Management Related Training
 PMP Exam Preparation Course (PMSBD)
 Planning & Development (NAPD)
 Development Administration (NAPD & AIT,
Thailand)
MODERN PROJECT MANAGEMENT
ACHIEVED MY PMP – 27 NOV, 2021
2

3. ABP Postgraduate Diploma in Project Management (PGDPM)
Project Management
Fundamental
UNIT 01
Managing Resources In
Project
UNIT 03
Project Planning And
Execution
UNIT 02
Project Risk
Management
UNIT 05
Performance Measurement And
Control
UNIT 06
Project Feasibility And
Financing
UNIT 04

4. Unit 01 Consists Of
SESSION 01
Modern Project Management
SESSION 02
Organization Strategy and Project Selection
SESSION 03
Organization Structure and Culture
SESSION 04
Defining the Project Scope
01
02
04
03

5. S-01: Learning Objectives
Business: Functions, Inputs &
Classification
Projects in Business Ecosystem
& Importance
What is Project, Program Vs.
Project
The Role of Project Manager
Agile Project Management
Project Management Today: A
Socio-Technical Approach
Project Management Life Cycle

6. Business: Function and Inputs
The needs of consumers or other firms. They
then purchase resources, which are the inputs
of the business, or factors of production, in
order to produce output.
Businesses Identify
The physical and tangible goods sold to the
general public. Ex. Cars, Food Items etc.
Consumer Goods
Non-tangible products that are sold to the general
public and include hotel accommodation,
insurance, transportation etc.
Consumer Services
Physical goods that are used by industry to aid in
the production of other goods and services. Ex.
Machines, Commercial Vehicles.
Capital Goods
A business is any organization that uses resources to
meet the needs of customers by providing a product or
service that they demand.
Outputs
Business

7. Factors of Production
Land
Enterprise
Labour
Capital
04 01
03 02
This general term not only
includes land itself but all of the
renewable and non-renewable
resources of nature, such as coal,
crude oil and timber.
Land
Manual and skilled labour make up
the workforce of the business. Some
firms are labour intensive, that is
they have a high proportion of
labour inputs to other factors of
production, e.g. house cleaning
services.
Labour
Driving force of business, provided
by risk-taking individuals, which
combines the other factors of
production a unit that is capable of
producing goods and services.
Enterprise
This consists of the finance needed
to set up a business and pay for its
continuing operations as well as of
the man-made resources used in
production. Ex. machines,
factories, offices and vehicles.
Capital

8. 06 01
02
03
04
05
Classification
Of
Business
Public and private sector
organizations.
Public Private Partnership
(PPP)
Profit-based organizations
Social Enterprise
Non-profit and non-
governmental organization
Pressure Group

9. Profit-based organizations

10. PROJECT
A product that can be either component of
another item or an item in itself
Product
A service or a capability to perform a service
Service
A result, such as an outcome or An
improvement in the existing product or service
lines.
Result/Improvement
A Project
 Is a temporary endeavor undertaken to
 Creates a unique product, service, or result.

11. Characteristic
Of Projects
A project is a combination of interrelated
activities to achieve a specific objective within
a schedule, budget, and quality. It involves the
coordination of group activity, wherein the
manager plans, organizes, staffs directs, and
controls to achieve an objective, with
constraints on time, cost, and performance of
the end product. Project management is the
combination of project and management.
Objectives Every project is started with some objective or goal
Single Entity A project is one whole thing.
Life Span Every Project is invariably time-bound.
Require
Funds
Without adequate funds, no project can be
successfully implemented.
Life Cycle A project has to pass through different stages to
get itself completed.
Team Spirit To achieve common goal harmony, missionary
zeal, team spirit is necessary.
Risk and
Uncertainty
There will be a high degree of risk in those project
which are not properly defined.
Directions Project is always performed according to the
directions given by the customers with regard to
time, quality and quantity, etc.
Uniqueness Each project is unique in itself, and it’s having own
features.
Flexibility Change and project are synonymous. A project
sees many changes throughout its life span.

12. CATEGORY PROJECTS OPERATIONS
Definition A project is an temporary endeavor
Operations are ongoing execution of activities which
occur after product is made to produce same result
or a repetitive service.
Product Unique product is created..
Same product is produced to keep system running.
Risk It has more risk as it is done for first time.
It has less risk as such products have already been
made before.
Focus Performance is primary focus of projects. Efficiency is primary focus.
Budget The budget is Defined for Projects.
The budget is not defined for Operations as the
earning needs to be done to keep operations alive.
Example
Construction of a new building or road
Renovation of a building
Film making
Customer service and relationship management,
Procurement

13. Routine,RepetitiveWork Projects
Taking class notes Writing atermpaper
Dailyenteringsalesreceiptsintotheaccounting
ledger
Settingupasaleskioskforaprofessionalaccounting
meeting
Respondingtoasupply-chainrequest Developing a supply-chaininformation system
Routinemanufactureofan Apple iPod
Designing an iPod that is approximately 2 × 4
inches, interfaces with PC, and stores 10,000
media
Attaching tagson amanufactured
product
Wire-tagprojects forGEand Walmart
Some Examples
Kiosk - A kiosk is a small, free-standing physical structure that displays information or provides a service.

14. Project, Program, Portfolio
A portfolio is a collection of projects
and programs that are managed as a
group to achieve strategic goals and a
business value.
Portfolio
A program is a collection of
projects that need to be
managed and coordinated
together.
Program
A project is focused on creating
a unique product, service, or
result
Project PROJECT
PROGRAM
PORTFOLIO

15. The application of knowledge, skills, tools, and techniques to
project activities to meet the project requirements.
Business Process Management.
PROJECT MANAGEMENT
various methods to discover, model, analyze, measure,
improve, optimize, and automate business processes
 Consistent Communication
 Effective Resource Allocation
 Higher Productivity
 Improved Customer Satisfaction
 More Flexibility
 Higher Risk Tolerance
 Improved Morale
 Better Planning
 Learning by retrospection
 Quality Control
Importance of Project Management

16. ProjectManagementLife Cycle
Initiating
Planning
Executing
Monitoring
and
Controlling
Closing
A Project
management lifecycle
asdefined in the
Project Management
body of Knowledgeby
Project Management
Institute (PMI) consists
of5phases

17. Initiating
Initiating
Initiationisthefirstphaseofprojectmanagementlifecyclewherethefeasibility
andthevalueoftheprojectaredetermined
Vision/Impact
Goals/Objectives
Stakeholders
/Beneficiaries
Project Scope
Deliverables
Risks
Resources,
cost&budget

18. Planning
ProjectPlan
ResourcePlan
FinancialPlan
Projectplanningisattheheartoftheprojectlifecycleandtellseveryone
involvedwhereyou’regoingandhowyou’regoingtogetthere.
ProcurementPlan
Planning
RiskPlan
CommunicationPlan

19. Executing
Executing
Executingisthephasethatismostcommonlyassociatedwithprojectmanagement.
Executionisallaboutbuildingdeliverablesthatmeettheoverallproject
objective
ProjectTeam
Development
AssignResources
ActivityPlan
UpdateProject
ManagementPlans
Quality
Assurance
Check
Deliverables
Baseline
Evaluation
ManageProject
Execution
Midline
Evaluation ConductProgress
Meetings

20. Monitoring and Controlling
Monitoring
And
Controlling
CheckDeliverables
Measureachievements
againstobjective
The projectmonitoringandcontrollingphaseis concerned withthe progressionand
performanceoftheprojectanditensuresthatallactivitiesor tasksarealignedwiththe
projectmanagementplanfollowingKPIs.
MeasureOverall Project
Performance
Trackingof
EffortandCost

21. Closing
Closing
Transferringall
Deliverables
ConfirmtheProject
Completion
Complete
paperwork
Thisisthefinalphaseoftheprojectmanagementlifecycle.Thisstage
includesfinalizationandtransferofalldeliverables,signingoffall
documentation,andtheirapproval.
KeepingRecord
ofDocumentation
End-lineEvaluation
Release
Resource

22. Role of Project Manager
I N I T I AT I N G
Why the project is important?
What problems to solve?
What are the success criteria?
What assumptions we making?
How is the project be funded?
E X E C U T I N G
Assign work among team
Facilitate issue resolution
Lead the team from front
Working through project changes
Protect team from distractions
C L O S I N G
Review reports
Get formal sign-off for closing
Release resources
List lessons learned
Archive project, well
documentation
P L A N N I N G
Create integrated project plan
Focus on attaining outlined goal
Oversee scope, cost, timeline
Oversee risk, quality & comm.
Constantly evolves and changes
M O N I T O R & C O N T R O L L
Monitoring progress of a project
Managing the project’s budget
Ensuring key milestones reached
Comparing actual vs. planned
Continue throughout planning,
execution, and closing phase

23. Agile Project Management
23
 Agile PM employs an incremental,
iterative process sometimes referred to
as a “rolling wave” approach to
complete projects
 Iterations typically last from one to four
weeks. The goal of each iteration is to
make tangible progress such as define a
key requirement, solve a technical
problem, or create desired features to
demonstrate to the customer.
 At the end of each iteration, progress is
reviewed, adjustments are made, and a
different iterative cycle begins

24. Cont’d
• AgilePMfocusesonactivecollaborationbetweentheprojectteamandcustomerrepresentatives,breakingprojectsinto
smallfunctionalpieces,andadaptingto changingrequirements.
• Agileworksbestinsmallteamsoffourtoeightmembers. Insteadofdirectingandintegratingtheworkofothers,the
projectmanagerservesasafacilitatorandcoach.Theteam managesitself,decidingwhoshoulddowhatandhowit
should bedone.

25. 12 Principles behind the Agile Manifesto
1. Customer satisfaction through continuous delivery of the product
2. Divide large chunks of work into smaller and achievable tasks for quicker completion and easier
integration of changes
3. Adhere to the decided timeframe for the delivery of a working product
4. All stakeholders must frequently collaborate to ensure that the project is going in the correct direction
5. Create a supportive environment to motivate team members and encouraging them to get the job done
6. Prefer face-to-face communication over other methods
7. Working software is the primary measure of progress
8. Try to maintain a constant pace of development
9. Maintain the quality of the product by paying attention to technical details
10.Maintain simplicity
11.Promote self-organization in the team
12.Regularly reflect on your performance for continuous improvement

26. Project ManagementToday:
ASocio- TechnicalApproach
 Managing a project is a multidimensional
process.
 A successful project manager will be well
trained in the technical side of managing
projects.
 Project managers must shape a project culture
that stimulates teamwork and high Levels of
personal motivation as well as a capacity to
quickly identify and resolve problems that
threaten project work.
 Things rarely go as planned and project
managers must be able to steer the project back
on track or alter directions when necessary.

27. THANK YOU!
If you have any query, please feel free to
Ask Now! Or, You can communicate with
me using the following communication
Channels.
+8801305380592 | +8801675208545
masud2k4cse@gmail.com
www.linkedin.com/in/masud2k4cse
MODERN PROJECT MANAGEMENT