3. Project management
The application of knowledge, skills, tools, and
techniques to project activities to meet the
project requirements.
4. Key Points
Projects are temporary and result a unique product.
Projects are different than operations
Scope, cost and time are the triple constraints of the
project (might include quality, resources & risk)
Project planning might take 50% of the project
Stakeholders
Critical path
5. Planning a project
Identify final products required to deliver a project
Optimize time and the use of resources
Identify risks and set priorities
Set baseline to measure progress against
Communicate the plan to all stakeholders (what, when,
who)
Provide early warning of problems and enable
proactive not reactive corrective actions
6. Project characteristics
Temporary
– Definite beginning & definite end.
Unique
– Projects are unique despite the presence of
repetitive elements
Progressive elaborating
– Developing in steps and continuing by increment
(detailed)
8. Initiation Phase
1. Develop a Business Case
2. Undertake a Feasibility Study
3. Establish the Project Charter
4. Appoint the Project Team
5. Set up the Project Office
6. Perform a Phase Review
9. Project Planning
1. Create a Project Plan
2. Create a Resource Plan
3. Create a Financial Plan
4. Create a Quality Plan
5. Create a Risk Plan
6.Create Acceptance Plan
7.Create a Communications
Plan
8.Create a Procurement Plan
9.Contract the Suppliers
10. Perform a Phase Review
11. Monitoring and Controlling
Measures and monitors progress on a regular
basis, to identify variances from the project
plan so that corrective actions are considered
13. Conclusions & Tips
Always keep the project
stakeholders updated and
part of your project.
Properly plan for the project
before starting the execution
phase. (remember planning
might take more than 50% of
a project)
Avoid any delay on the
project critical path.
Always exit the project with
clear deliverables report
and lessons learned