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Traditional Project Management
The Five Phases
1. Defining – Scoping/Initiation
2. Planning
3. Executing
4. Monitoring and Controlling
5. Closing
Traditional PM Life Cycle
 Scoping
 Problem/Opportunity, Goal and Objectives, Success Criteria, Risks
assumptions etc
 Develop Project Plan
 Activities, duration, resource requirements, project netwrok,
proposal
 Launch Project
 Team, operating rules, leveling, work packages etc
 Monitor Control Progress
 Progress reporting, change control, progress vs plan, revision
 Closeout
 Client acceptance, deliverables deployment, documentation, audits,
final report
Quality Management
 Product/service that is deliverable from the project
 The project Management process itself
 Process Quality Management Model
PMLC
 Project management life cycle
 A project management life cycle (PMLC) is a sequence of processes that
includes scoping, planning, launching, monitoring, controlling,
and closing the projects to which it applies.
 A valid PMLC always starts with a single scoping process and
ends with a single closing process.
 The intervening processes must each be done at least once and
may be repeated any number of times in some logical order.
Risk Management
 Risk identification
 Technical risks
 Project management risks
 Organizational risks
 External risks
 Risk assessment
 Risk Exposure
 Risk mitigation
 Accept
 Avoid
 Contingency
 Mitigate
 Transfer
 Risk monitoring
 Risk Log management
Procurement Management
 Planning
 Soliciting RFP
 Managing RFP
 SelectingVendors
 Managing Contracts
Relationship b/w TPM and other
methodologies
 System development life cycles (page 45)
 New product development life cycle (page 46)
The Pain Curve
Questions

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2. traditional project management -ch2

  • 2. The Five Phases 1. Defining – Scoping/Initiation 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing
  • 3. Traditional PM Life Cycle  Scoping  Problem/Opportunity, Goal and Objectives, Success Criteria, Risks assumptions etc  Develop Project Plan  Activities, duration, resource requirements, project netwrok, proposal  Launch Project  Team, operating rules, leveling, work packages etc  Monitor Control Progress  Progress reporting, change control, progress vs plan, revision  Closeout  Client acceptance, deliverables deployment, documentation, audits, final report
  • 4. Quality Management  Product/service that is deliverable from the project  The project Management process itself  Process Quality Management Model
  • 5. PMLC  Project management life cycle  A project management life cycle (PMLC) is a sequence of processes that includes scoping, planning, launching, monitoring, controlling, and closing the projects to which it applies.  A valid PMLC always starts with a single scoping process and ends with a single closing process.  The intervening processes must each be done at least once and may be repeated any number of times in some logical order.
  • 6. Risk Management  Risk identification  Technical risks  Project management risks  Organizational risks  External risks  Risk assessment  Risk Exposure  Risk mitigation  Accept  Avoid  Contingency  Mitigate  Transfer  Risk monitoring  Risk Log management
  • 7. Procurement Management  Planning  Soliciting RFP  Managing RFP  SelectingVendors  Managing Contracts
  • 8. Relationship b/w TPM and other methodologies  System development life cycles (page 45)  New product development life cycle (page 46)