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V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
A Whirlwind Tour of
Project Management
Keith Farndale P.Eng.
aps1001 Project Management
aps1014 Advanced Project Management
Procept Associates Ltd.
Toronto, Charlottetown, Calgary
V2014
2
Outline
• Intro
• Project management body of knowledge
• PM competencies
• A team exercise
• Trends in PM (if there is time)
• But first…
2
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
3
What is a Project?
• “A temporary endeavor undertaken to
create a unique product or service”
4
Why Use Project Management?
• Focus on objectives: scope, cost, &
time: consistent achievement
• Coordinate across disciplines
• Respond to rapid change
• Business focus: earn a profit
3
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
5
Project Management
• Emerged between 1930s and 1950’s.
Came partly from…
• Modern management theory
• “Scientific management” (1910’s)
• “Product management” (P & G 1920’s)
• Rise of systems engineering (1930’s)
• US Air Force & Navy (1953-54)
• P.E.R.T – Polaris Missile (1956)
• Process plant engineering (Exxon)
• C.P.M. – DuPont (1956)
• Professional associations formed 1960s
6
… and Nine Knowledge Areas…
• Integration Management
• Stakeholder Management
• Scope Management
• Time Management
• Cost Management
• Quality Management
• Procurement Management
• Risk Management
• Human Resources Management
• Communications Management
4
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
7
Integration Management:
Project Life Cycle
LEVEL OF EFFORT
TIME
INITIATION PLANNING EXECUTION CLOSE-OUT
Stakeholders
8
SPONSOR
TEAM
MEMBERS
EMPLOYEES
CUSTOMERS
INTERNAL
CUSTOMERS
CONSUMER
GROUPS
FINANCIAL
INSTITUTIONS
EXTERNAL
CUSTOMERS
SELLERS
LABOUR
UNIONS
GOVERNMENT
SPECIAL
INTEREST GROUPS
FUNCTIONAL
MANAGERS
PM OFFICE
INTERNAL
EXTERNAL
5
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Stakeholder Analysis
Power/Interest Grid
Keep satisfied Manage closely
Monitor
(minimum effort)
Keep informed
PMBOK® Guide 13.1.2.1, Fig. 13-4
LowPOWERHigh
Low INTEREST High
10(TYPICAL)
Fencing
Site
Preparation
Storm Water
Landscaping
Curbs &
Sidewalks
Site
Development
Demolition
Foundations
Cladding &
Roofing
Structure
Windows and
Doors
Interior
Finishes
Detailed
Engineering
Procured Items Installation Commissioning
Monorail
Arch / Civil
Elevator
HVAC
Potable Water
LPSW
Fire Protection
Sanitary and
Roof Drains
Service Air
Instrument Air
Active Drains
Mechanical
Power
Distribution
Lighting
Fire Alarms
Emergency
Power
Grounding
Electrical
Telephone &
PA
Data Network
Security
Monitors
Data /
Communications
Project
Management
Procurement
Project
Engineering
(Overall)
MCCR Municipal MoL
Authorities
Management
BUILDING
PROJECT
Scope Management: WBS
6
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
11
Time Management: Scheduling
12
7
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
13
Cost Management: Earned Value
Cumulative cost
Time
BAC
Cost Baseline = PV
Time now
EV
(earned value)
AC
(actual cost)
EAC
CV
SV
Variance At
Completion
14
Risk Management:
Risk Analysis
PROBABILITYOF
OCCURRENCE
IMPACT
LOW MEDIUM HIGH
LOWMEDIUMHIGH
LOW
HIGH
MEDIUM
PMBOK Guide 11.3.2.2
RISK EVENT
8
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Monte Carlo Simulation: Example
15
Procurement Management:
Allocation of Cost Risk
16
CostRisk
FP
CPPC
ASSUMED
BY SELLER
ASSUMED
BY BUYER
FPI
F
CPI
F CPF
F
9
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Human Resources Mgt:
Matrix Organization
GENERAL
MANAGER
FUNCTIONAL
MANAGER
FUNCTIONAL
MANAGER
FUNCTIONAL
MANAGER
FUNCTIONAL
MANAGER
Functional authority
PROJECT
MANAGER
PROJECT
MANAGER
Project reporting
17
18
Human Resources Mgt:
Organizational Continuum
SEPARATE
TEAM
NO
COORD'R
COORD'R
PROJECT
OFFICE
FULL-TIME
P. MGR.
FUNCT'L PROJECT
WEAK BALANCED STRONG
MATRIX MATRIX MATRIX
PROJECT
FUNCTION
RELATIVEINFLUENCE
10
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
19
Communication Management
• Lessons Learned
• vs “Lessons Observed”?
Project Manager Competencies?
20
11
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Project Manager Competencies:
Depends Upon Situation
Leadership
Knowledge of the
technology
PM process
Knowledge of the
business
environment
21
Project Manager Competencies:
Large Complex Project?
Leadership
Knowledge of
the technology
PM process
Knowledge of
the business
environment
22
12
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Project Manager Competencies:
Small Technical Project?
Leadership
Knowledge of
the technology
PM process
Knowledge of
the business
environment
23
Create A Work Breakdown
Structure For Your Project
• Another one - >>>>
24
13
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Example WBS – By Phase
Create A Work Breakdown
Structure For Your Project
26
14
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
27
Trends
• Project management being recognized as
a discipline ...
– A chosen profession, not accidental
• ... And being recognized as a core
competence by organizations
– Individual competencies
– PM career paths
28
Trends
• Management of stakeholders
– ... and their expectations
• Project teams
• More projectized = more effective
• Earlier involvement of disciplines
(“concurrent engineering”)
• Coaching, mentorship
15
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
29
Trends
• Consider organizational change
• Virtual teams
– Across time zones and cultures
• Growth of PMI’s influence
– PMBOK Guide, Practice Standards, etc
• Project “Governance”
– Project management offices
30
16
V2014, © Procept Associates Ltd.
A Whirlwind Tour of Project Management
Thanks!
Procept Associates Ltd.
Keith Farndale, PEng
Procept Associates Ltd
1234 Kingston Road, Suite 125
Toronto Ontario M1N 1P3
Tel 416-693-5559
www.procept.com
farndale@procept.com
31

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Effective Project Management for Your Thesis and Career

  • 1. 1 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management A Whirlwind Tour of Project Management Keith Farndale P.Eng. aps1001 Project Management aps1014 Advanced Project Management Procept Associates Ltd. Toronto, Charlottetown, Calgary V2014 2 Outline • Intro • Project management body of knowledge • PM competencies • A team exercise • Trends in PM (if there is time) • But first…
  • 2. 2 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 3 What is a Project? • “A temporary endeavor undertaken to create a unique product or service” 4 Why Use Project Management? • Focus on objectives: scope, cost, & time: consistent achievement • Coordinate across disciplines • Respond to rapid change • Business focus: earn a profit
  • 3. 3 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 5 Project Management • Emerged between 1930s and 1950’s. Came partly from… • Modern management theory • “Scientific management” (1910’s) • “Product management” (P & G 1920’s) • Rise of systems engineering (1930’s) • US Air Force & Navy (1953-54) • P.E.R.T – Polaris Missile (1956) • Process plant engineering (Exxon) • C.P.M. – DuPont (1956) • Professional associations formed 1960s 6 … and Nine Knowledge Areas… • Integration Management • Stakeholder Management • Scope Management • Time Management • Cost Management • Quality Management • Procurement Management • Risk Management • Human Resources Management • Communications Management
  • 4. 4 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 7 Integration Management: Project Life Cycle LEVEL OF EFFORT TIME INITIATION PLANNING EXECUTION CLOSE-OUT Stakeholders 8 SPONSOR TEAM MEMBERS EMPLOYEES CUSTOMERS INTERNAL CUSTOMERS CONSUMER GROUPS FINANCIAL INSTITUTIONS EXTERNAL CUSTOMERS SELLERS LABOUR UNIONS GOVERNMENT SPECIAL INTEREST GROUPS FUNCTIONAL MANAGERS PM OFFICE INTERNAL EXTERNAL
  • 5. 5 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Stakeholder Analysis Power/Interest Grid Keep satisfied Manage closely Monitor (minimum effort) Keep informed PMBOK® Guide 13.1.2.1, Fig. 13-4 LowPOWERHigh Low INTEREST High 10(TYPICAL) Fencing Site Preparation Storm Water Landscaping Curbs & Sidewalks Site Development Demolition Foundations Cladding & Roofing Structure Windows and Doors Interior Finishes Detailed Engineering Procured Items Installation Commissioning Monorail Arch / Civil Elevator HVAC Potable Water LPSW Fire Protection Sanitary and Roof Drains Service Air Instrument Air Active Drains Mechanical Power Distribution Lighting Fire Alarms Emergency Power Grounding Electrical Telephone & PA Data Network Security Monitors Data / Communications Project Management Procurement Project Engineering (Overall) MCCR Municipal MoL Authorities Management BUILDING PROJECT Scope Management: WBS
  • 6. 6 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 11 Time Management: Scheduling 12
  • 7. 7 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 13 Cost Management: Earned Value Cumulative cost Time BAC Cost Baseline = PV Time now EV (earned value) AC (actual cost) EAC CV SV Variance At Completion 14 Risk Management: Risk Analysis PROBABILITYOF OCCURRENCE IMPACT LOW MEDIUM HIGH LOWMEDIUMHIGH LOW HIGH MEDIUM PMBOK Guide 11.3.2.2 RISK EVENT
  • 8. 8 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Monte Carlo Simulation: Example 15 Procurement Management: Allocation of Cost Risk 16 CostRisk FP CPPC ASSUMED BY SELLER ASSUMED BY BUYER FPI F CPI F CPF F
  • 9. 9 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Human Resources Mgt: Matrix Organization GENERAL MANAGER FUNCTIONAL MANAGER FUNCTIONAL MANAGER FUNCTIONAL MANAGER FUNCTIONAL MANAGER Functional authority PROJECT MANAGER PROJECT MANAGER Project reporting 17 18 Human Resources Mgt: Organizational Continuum SEPARATE TEAM NO COORD'R COORD'R PROJECT OFFICE FULL-TIME P. MGR. FUNCT'L PROJECT WEAK BALANCED STRONG MATRIX MATRIX MATRIX PROJECT FUNCTION RELATIVEINFLUENCE
  • 10. 10 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 19 Communication Management • Lessons Learned • vs “Lessons Observed”? Project Manager Competencies? 20
  • 11. 11 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Project Manager Competencies: Depends Upon Situation Leadership Knowledge of the technology PM process Knowledge of the business environment 21 Project Manager Competencies: Large Complex Project? Leadership Knowledge of the technology PM process Knowledge of the business environment 22
  • 12. 12 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Project Manager Competencies: Small Technical Project? Leadership Knowledge of the technology PM process Knowledge of the business environment 23 Create A Work Breakdown Structure For Your Project • Another one - >>>> 24
  • 13. 13 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Example WBS – By Phase Create A Work Breakdown Structure For Your Project 26
  • 14. 14 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 27 Trends • Project management being recognized as a discipline ... – A chosen profession, not accidental • ... And being recognized as a core competence by organizations – Individual competencies – PM career paths 28 Trends • Management of stakeholders – ... and their expectations • Project teams • More projectized = more effective • Earlier involvement of disciplines (“concurrent engineering”) • Coaching, mentorship
  • 15. 15 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management 29 Trends • Consider organizational change • Virtual teams – Across time zones and cultures • Growth of PMI’s influence – PMBOK Guide, Practice Standards, etc • Project “Governance” – Project management offices 30
  • 16. 16 V2014, © Procept Associates Ltd. A Whirlwind Tour of Project Management Thanks! Procept Associates Ltd. Keith Farndale, PEng Procept Associates Ltd 1234 Kingston Road, Suite 125 Toronto Ontario M1N 1P3 Tel 416-693-5559 www.procept.com farndale@procept.com 31