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2.project lifecycle

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RLabs Project Management Presentation 2

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2.project lifecycle

  1. 1. Pr o j e c t Life Cycle
  2. 2. 1. A Project is: All the inter-related tasks done over a period of time to achieve a particular goal. 1.2. Project Management The discipline of planning, organising and securing resources to bring about the successful completion of project goals.
  3. 3. Project Initiation Project Review Project Definition Project Planning Project Project Planning Closure Monitoring & Control Detailed Planning Project Execution
  4. 4. Project Management 4 Valuable Skills to break into Project Management
  5. 5. PM: Strategic Strength • Doing more with your budget. • Launching a product faster then competitors. • Acquire new business and higher profits. • Competitive edge: speed of delivery. • Efficiency and sustainability
  6. 6. Project Success Factors • • • • • Agreement on the goals of a project. A Plan: Path & Responsibilities. Constant & Effective communication. A controlled Scope. Management support.
  7. 7. • Staff • Estimating • Authority • Controls Challenges
  8. 8. Project Manager Skills • Project Management • Business Management • Technical Knowledge
  9. 9. Determining levels of success 1. 2. 3. • • On time On budget High quality Scope Performance
  10. 10. Success formula for Project Managers • Realistic expectations: Cost-schedulequality equilibrium. • Manage expectations throughout the project. • Deliver as promised: Product, on time, within budget.

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