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Project Management Framework - PMBOK 5

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Project Management Framework - PMBOK 5

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  • DOWNLOAD FULL BOOKS INTO AVAILABLE FORMAT ......................................................................................................................... ......................................................................................................................... 1.DOWNLOAD FULL PDF EBOOK here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL EPUB Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL doc Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL PDF EBOOK here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL EPUB Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... 1.DOWNLOAD FULL doc Ebook here { https://tinyurl.com/y8nn3gmc } ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... .............. Browse by Genre Available eBooks ......................................................................................................................... Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult,
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Project Management Framework - PMBOK 5

  1. 1. Connoisseur Solutions Process Framework Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  2. 2. Connoisseur Solutions Definition as per PMBOK® Guide A project is a temporary endeavor undertaken to create a unique product or service. Definition of Project Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  3. 3. Connoisseur Solutions  A temporary endeavor – means that every project has a definite beginning and end.  Unique means that the product or service or result is different from other product or service or result.  Progressively elaborated - proceeding in steps Project Definition Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  4. 4. Connoisseur Solutions  Building a Software  A Major Enhancement to the software  Filming a Motion Picture  Building a new office  Designing a new product or service  Creating an advertisement campaign  Creating a new process with a business unit  Moving from one building to another  Designing a space vehicle Examples of Project Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  5. 5. Connoisseur Solutions PROJECTS OPERATIONS Temporary Ongoing Unique Repetitive Closes after attaining the objectives Objective is to sustain business Prototyping the new car model Assembly line production Project vs Operation Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  6. 6. Connoisseur Solutions Project Constraints Source: A Guide to the Project Management Body of Knowledge, Fourth Edition (PMBOK® Guide) ©2008 Project Management Institute, Inc. All Rights Reserved.  Risk  Scope  Budget  Resources  Quality  Schedule Quality CostScope Schedule PM Triangle Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  7. 7. Connoisseur Solutions Why Projects Fail ?  Lack of clearly defined purpose  Inexperienced project Managers  Poor estimation of duration and cost  Cultural and ethical misalignment  Poor requirements and scope management  Lack of coordination of resources and activities  Poor communication  Inadequate planning of scope, schedule, resources, cost, risk and quality  Lack of progress and quality control Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  8. 8. Connoisseur Solutions What Is Project Management ? Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements - PMBOK® Guide 4th edition (Glossary) Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  9. 9. Connoisseur Solutions Project Management Benefits Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  10. 10. Connoisseur Solutions Project Management Process Groups  Process Groups  Project management processes have been bundled into 5 groups and these groups are called project management process groups  Initiating  Planning  Executing  Monitoring and controlling  Closing  These process groups are common to most of the projects across various domains – construction, technology, IT, life sciences etc.  Process groups are different than the Phases  Process groups may overlap / repeat based on the activities in the project Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  11. 11. Connoisseur Solutions Initiating Process Group  Processes within this group launches the project or a project phase  Key activities associated with Initiation includes:  Creating a feasibility study  Identifying business needs  Creating a Product description  Creating Detailed Business Case  Creating a Project Charter  Selecting a Project Manager Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  12. 12. Connoisseur Solutions Planning Process Group It involves creation of Project Management Plan that acts as a roadmap for project execution Key activities would include:  Collect Requirements  Define Scope  Create Work Breakdown Structure  Define and Sequence Activities  Estimate Activity Resource Requirement and Duration  Creating Schedule  Estimate Cost and Determine Budget  Planning Human Resource, Quality, Communications  Identify, Analyze and Prepare Risk Response Plan  Planning Procurement Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  13. 13. Connoisseur Solutions Executing Process Group  Executing process group consists of processes to complete the work in each of the phases  Helps the PM coordinate and direct project resources to meet the objectives of the project plan  Key activities would include:  Direct and manage project execution  Acquire project team  Perform quality assurance  Manage Stakeholders Expectation  Distributing project information  Develop and Manage project team  Conduct Procurement Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  14. 14. Connoisseur Solutions Monitoring and Controlling Process Group  Controlling processes are the activities that  ensure that the project goes according to plan  the actions to implement when project is not going as per the plan  Variances from the project baselines are identified and necessary corrective measures are undertaken  Key activities would include:  Ensuring Quality Control  Providing scope verification  Implementing change control  Configuration management  Controlling key parameters like cost, schedule and scope  Monitor and Control Risks Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  15. 15. Connoisseur Solutions Closing Process Group  This process group includes all processes to close all activities in a project or project phase  Closing activities to be performed even for the aborted / terminated projects  Key activities would include:  Auditing procurement documents  Scope verification  Closing vendor contracts  Closing administrative duties  Submitting final reports  Archiving project records  Celebrating!!! Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  16. 16. Connoisseur Solutions Process Group Interaction Level Of Activity Initiating Processes Planning Processes Executing Processes Closing ProcessesControlling Processes Phase Finish Phase Start Time Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  17. 17. Connoisseur Solutions  Projects are divided into phases  The project will have at least a beginning, intermediate and ending phase  Number of phases depends on complexity and size of the project  Reviews are conducted at the end of each phase to measure performance  Phase end reviews allows to decide if the project should continue  The collection of phases is called project life cycle  The project life cycle defines the beginning and end of a project Project Life Cycle Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  18. 18. Connoisseur Solutions  The completion of one or more deliverables marks the project phase  Deliverables are reviewed and formally accepted by customer at phase end  Phase end reviews are also called phase exits, stage gates or kill points  Rolling wave planning summarizes the future phases at high level Characteristics of Project Phase Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  19. 19. Connoisseur Solutions Characteristic of Project Life Cycle Source : PMI PMBOK® Fifth Edition Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  20. 20. Connoisseur Solutions Project Management Knowledge Areas  There are 10 Knowledge Areas covered in PMBOK® Guide 5th edition  These 10 Knowledge Areas are:  Project Integration management  Project Scope Management  Project Time Management  Project Cost Management  Project Quality Management  Project Human Resource Management  Project Communications Management  Project Risk Management  Project Procurement Management  Project Stakeholder Management Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  21. 21. Connoisseur Solutions  Individuals and organizations involved in the project  Those who will be directly or indirectly impacted  Stakeholders should be identified throughout the project  They may have a positive or negative influence on the outcome  Stakeholder influence goes down as the project progresses Project Stakeholders Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  22. 22. Connoisseur Solutions  Key stakeholders include:-  Project Manager  Customer / User  Performing organization  Project team members  Project management team  Sponsor  Influencers  PMO Project Stakeholders Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  23. 23. Connoisseur Solutions Project Manager – Skill Set  Communication Skills  Organizational and Planning skills  Budgeting Skills  Conflict Management Skills  Negotiation and Influencing Skills  Leadership Skills  Team Building and Motivating skills Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  24. 24. Connoisseur Solutions  Programs  Collection of related projects  Controls are implemented and managed in a coordinated way  Collective benefits are realized  Each project has a project manager  Portfolios  Collection of programs and projects  Projects meet a specific business goal or objective  Includes weighing the value of each project against the portfolios strategic objective Project, Program & Portfolio Management Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  25. 25. Connoisseur Solutions  Project Management Office [PMO]  Centralized units to oversee project and programs within the organization  Establishes and maintains the standards of project management methodologies  Support managers in planning, estimating, risk management and provide trainings Project Management Office (PMO) Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  26. 26. Connoisseur Solutions Organization Type - PM Influence Source: A Guide to the Project Management Body of Knowledge, Fifth Edition.Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  27. 27. Connoisseur Solutions Organization Type – Functional Organization Source: A Guide to the Project Management Body of Knowledge, Fifth Edition. Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  28. 28. Connoisseur Solutions Organization Type – Weak Matrix Source: A Guide to the Project Management Body of Knowledge, Fifth Edition. Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  29. 29. Connoisseur Solutions Organization Type – Balanced Matrix Source: A Guide to the Project Management Body of Knowledge, Fifth Edition. Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  30. 30. Connoisseur Solutions Organization Type – Strong Matrix Source: A Guide to the Project Management Body of Knowledge, Fifth Edition. Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  31. 31. Connoisseur Solutions Organization Type – Projectized Source: A Guide to the Project Management Body of Knowledge, Fifth Edition. Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  32. 32. Connoisseur Solutions Organization Type – Composite Source: A Guide to the Project Management Body of Knowledge, Fifth Edition. Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  33. 33. Connoisseur Solutions Organization Types – Advantages & Disadvantages Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  34. 34. Connoisseur Solutions Process Framework Pankaj Sharma, 9810996356 Pankaj Sharma - Mobile No -919810996356
  35. 35. Connoisseur Solutions PM Knowledge Area – Process Mapping Source: A Guide to the Project Management Body of Knowledge, Fifth Edition Pankaj Sharma - Mobile No -919810996356

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