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What Is Project Management?

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Project management explained. What is project management not? Is Project Management compulsory? Why do 40% of large projects fail? The answer is Project Management is what project managers do effectively: They manage Risks, Budgets, Schedules, Resources, Communication, Activities, People, Documentation, and resolve project problems. The Project Management simulator SimulTrain is a real project management experience!.

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What Is Project Management?

  1. 1. What is Project Management ?
  2. 2. Project Management 101,897 Books on amazon.com 1 1 May 5th 2015
  3. 3. Project Management  is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals  a project is a temporary endeavor with a defined beginning and end undertaken to meet unique goals and objectives  Wikipedia.org
  4. 4. Explain this to a CHILD
  5. 5. What IS NOT Project Management ?
  6. 6. Project Management IS NOT A SCIENCE It is experience, best practicies
  7. 7. Project Management IS NOT ONLY A TOOL It is culture and common language
  8. 8. Project Management IS NOT A MAGIC FORMULA It is a result oriented approach
  9. 9. Project Management IS NOT COMPULSORY But it is extremely efficient practice
  10. 10. Is not compulsory ?  39% of project with budgets over US $10 million failed 1  33% team members attribute project success directly to the skills and experience of the Project Managers 2 1 The Standish Group, “CHAOS 2007 REX: A Standish Group Research Exchange.” 2007. 2 Project Management Institute, “PMI Pulse of the Profession Survey.” 2006.
  11. 11. What Project managers DO ?
  12. 12. PM Plans Project ACTIVITIES
  13. 13. PM Allocates RESOURCES
  14. 14. PM Manages RISK
  15. 15. PM Manages Team MEMBERS
  16. 16. PM Controls Project ACTIVITIES
  17. 17. PM Resolves Project ISSUES
  18. 18. PM Fosters Team COLLABORATION
  19. 19. PM Reports Project PROGRESS
  20. 20. Project Management is WHAT PMS DO EFFECTIVELY !
  21. 21. “ Learning is EXPERIENCE. Everything else is just information. ” ~ Albert Einstein
  22. 22. SimulTrain® Project mangement EXPERIENCEsimultrain.com sts.ch | office@sts.ch | +41 (0)21 510 11 50

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