2. traditional project management -ch2

2. traditional project management -ch2

• 1.
  Traditional Project Management
• 2.
  The Five Phases 1.Defining – Scoping/Initiation 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing
• 3.
  Traditional PM LifeCycle  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/servicethat is deliverable from the project  The project Management process itself  Process Quality Management Model
• 5.
  PMLC  Project managementlife 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  Riskidentification  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 TPMand other methodologies  System development life cycles (page 45)  New product development life cycle (page 46)
• 9.
  The Pain Curve
• 10.
  Questions