This document provides information about an assignment for a project management course. It outlines the learning outcomes which include understanding project management concepts and theories, the project planning process, and monitoring and controlling projects. It details the requirements for the assignment such as the structure, due dates, and that it involves a critical thinking question analyzing concepts of time management and time robbers from the course textbook.
BPP Training on Project Management - Day 1Imoh Etuk
This training was about exposing the employees of the Lagos State Public Service to the Contemporary Project Management Practices they can adopt to Enhance Project Delivery in the Pandemic Era for the Lagos State Public Service.
Upon successful completion of the training, participants s were to apply the generally recognized practices of project management acknowledged by the Project Management Institute (PMI) to successfully manage projects by:
• Getting started with project management fundamentals.
• Identifying organizational influences and project life cycle.
• Working with project management processes.
• Initiating a project.
• Planning a project.
• Planning for project time management.
• Planning project budget, quality, and communications.
• Planning for risk, procurements, and stakeholder management.
• Executing a project.
• Managing project work, scope, schedules, and cost.
• Controlling a project.
• Closing a project.
This document discusses common reasons why large capital projects often fail. It identifies five major categories of issues: 1) lack of documented project objectives, 2) insufficient planning, 3) poor management governance, 4) inadequate staffing of the project team, and 5) unrealistic schedules. It provides details on each issue, such as how undocumented objectives can doom a project and how poor governance structures fail to cut across organizational lines. The document emphasizes that establishing robust planning and governance is critical for project success.
This document discusses factors that contribute to project complexity and influence project success or failure. It introduces the Darnall-Preston Complexity Index, which evaluates projects based on their internal attributes, external attributes, technological complexity, and environmental attributes. Specifically, it examines how a project's size, duration, resource availability, clarity of objectives/scope, stakeholder agreement, technological newness, legal/cultural/ecological issues can increase complexity if not properly managed. Managing these complexity factors requires selecting the right project manager with the appropriate skills for the given project profile.
Project Management Msc. 7Pjmn009W Project Management Project.Renee Jones
Project success can be defined in different ways and depends on meeting objectives. Key factors that contribute to project success include having clear objectives, managing scope, schedule and budget, effective communication and stakeholder management, competent project team, and support from senior management. A project manager can help ensure success by focusing on these critical success factors throughout the project life cycle from planning to execution to closure.
This document provides an overview of project management. It discusses the advantages of formal project management, defines what a project is, and outlines key project attributes such as having a unique purpose and being temporary. It also discusses project constraints like time, scope and cost. The document then covers topics like project stakeholders, knowledge areas, tools and techniques, success factors, and the importance of organizational support and culture for projects.
The document discusses the initiating process for projects, including pre-initiating tasks, breaking large projects into smaller phases, and key initiating tasks like creating a project charter and holding a kick-off meeting. It provides an example of initiating the Just-In-Time Training project at Global Construction, which was divided into two phases with defined scope, time, and cost goals for phase one. The importance of top management support and developing an organizational project management methodology are also covered.
The document discusses modern project management. It defines a project as a temporary endeavor with a defined start and end, involving multiple teams to create a unique product or service. Projects have established objectives, timelines, budgets and performance requirements. The document outlines the typical project life cycle of planning, execution, and delivery. It emphasizes that project management is important for organizations to improve communication, manage risks, and align projects with strategic goals.
The document discusses various aspects of project management. It begins by defining what a project is - a unique set of coordinated activities with a start and end date, undertaken to achieve objectives within time, cost and resource constraints. It then discusses the key attributes of projects like objectives, timeframes, activities, resources, risks.
It explains the basic elements of a project - operations/activities, resources, and conditions/restraints. It discusses the three dimensions of project performance - scope, time and resources. It also covers the project life cycle phases of initiation, planning, execution, monitoring and closing. Finally, it provides details on various planning processes like developing the work breakdown structure, scheduling, estimating durations and resources.
BPP Training on Project Management - Day 1Imoh Etuk
This training was about exposing the employees of the Lagos State Public Service to the Contemporary Project Management Practices they can adopt to Enhance Project Delivery in the Pandemic Era for the Lagos State Public Service.
Upon successful completion of the training, participants s were to apply the generally recognized practices of project management acknowledged by the Project Management Institute (PMI) to successfully manage projects by:
• Getting started with project management fundamentals.
• Identifying organizational influences and project life cycle.
• Working with project management processes.
• Initiating a project.
• Planning a project.
• Planning for project time management.
• Planning project budget, quality, and communications.
• Planning for risk, procurements, and stakeholder management.
• Executing a project.
• Managing project work, scope, schedules, and cost.
• Controlling a project.
• Closing a project.
This document discusses common reasons why large capital projects often fail. It identifies five major categories of issues: 1) lack of documented project objectives, 2) insufficient planning, 3) poor management governance, 4) inadequate staffing of the project team, and 5) unrealistic schedules. It provides details on each issue, such as how undocumented objectives can doom a project and how poor governance structures fail to cut across organizational lines. The document emphasizes that establishing robust planning and governance is critical for project success.
This document discusses factors that contribute to project complexity and influence project success or failure. It introduces the Darnall-Preston Complexity Index, which evaluates projects based on their internal attributes, external attributes, technological complexity, and environmental attributes. Specifically, it examines how a project's size, duration, resource availability, clarity of objectives/scope, stakeholder agreement, technological newness, legal/cultural/ecological issues can increase complexity if not properly managed. Managing these complexity factors requires selecting the right project manager with the appropriate skills for the given project profile.
Project Management Msc. 7Pjmn009W Project Management Project.Renee Jones
Project success can be defined in different ways and depends on meeting objectives. Key factors that contribute to project success include having clear objectives, managing scope, schedule and budget, effective communication and stakeholder management, competent project team, and support from senior management. A project manager can help ensure success by focusing on these critical success factors throughout the project life cycle from planning to execution to closure.
This document provides an overview of project management. It discusses the advantages of formal project management, defines what a project is, and outlines key project attributes such as having a unique purpose and being temporary. It also discusses project constraints like time, scope and cost. The document then covers topics like project stakeholders, knowledge areas, tools and techniques, success factors, and the importance of organizational support and culture for projects.
The document discusses the initiating process for projects, including pre-initiating tasks, breaking large projects into smaller phases, and key initiating tasks like creating a project charter and holding a kick-off meeting. It provides an example of initiating the Just-In-Time Training project at Global Construction, which was divided into two phases with defined scope, time, and cost goals for phase one. The importance of top management support and developing an organizational project management methodology are also covered.
The document discusses modern project management. It defines a project as a temporary endeavor with a defined start and end, involving multiple teams to create a unique product or service. Projects have established objectives, timelines, budgets and performance requirements. The document outlines the typical project life cycle of planning, execution, and delivery. It emphasizes that project management is important for organizations to improve communication, manage risks, and align projects with strategic goals.
The document discusses various aspects of project management. It begins by defining what a project is - a unique set of coordinated activities with a start and end date, undertaken to achieve objectives within time, cost and resource constraints. It then discusses the key attributes of projects like objectives, timeframes, activities, resources, risks.
It explains the basic elements of a project - operations/activities, resources, and conditions/restraints. It discusses the three dimensions of project performance - scope, time and resources. It also covers the project life cycle phases of initiation, planning, execution, monitoring and closing. Finally, it provides details on various planning processes like developing the work breakdown structure, scheduling, estimating durations and resources.
The document discusses software project management. It covers defining a project, the three constraints of scope, time and cost, characteristics of software projects, identifying stakeholders, and setting SMART objectives. It also discusses the functions, responsibilities and abilities of a project manager, as well as different organizational structures for projects.
Covering all the aspects of project management related to its characteristics, need, and importance, project life cycle, the Socio-Technical Approach to Project Management and its current drivers.
Project management is one of the most popular tool in the companies in today´s competitive environment. There are many successful companies, in which the project management has the key position. Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Project management is accomplished with the processes such as initiating, planning, executing, controlling, and closing. The project team manages the work of the projects, and the work typically involves competing demands, stakeholders with differing needs and expectations and identified requirements. It is important to note that many of the processes within project management are iterative in nature. This is in part due to the existence of and the necessity for progressive elaboration in a project throughout the project life cycle.
Industry experts, Bob Prieto, veteran executive with Fluor and Parsons Brinckerhoff, and Hans Hoppe with Parsons, share valuable information on the failure points of Mega Projects and proven methods of managing these projects to beat the odds and succeed. It is estimated that 9 out of 10 projects that cost $1 billion dollars or more, go over budget. Learn how we as an industry can change those numbers and improve the way the world builds.
The document discusses 7 keys to sustaining project excellence: 1) Establishing project management processes; 2) Defining an organizational structure with roles and responsibilities; 3) Selecting project management tools to support processes; 4) Ensuring capable people are in key roles; 5) Establishing involvement and communication guidelines; 6) Implementing project performance management; and 7) Leadership commitment to a high-performing project organization. The article provides examples of how organizations have implemented these keys to improve project success rates and better achieve business results. Sustaining excellence requires a long-term, comprehensive approach rather than a single quick fix.
The document provides an overview of project management. It defines a project as a temporary endeavor undertaken to create a unique product or service. The objectives of a project are to deliver the project within defined performance, time, and cost constraints. Project management emerged as an important discipline due to increasing complexity in modern organizations. Key aspects of project management covered include the project life cycle, characteristics of projects, forces driving greater use of projects, and the importance of the Project Management Institute in developing the field.
The document discusses project feasibility analysis which aims to objectively evaluate the strengths, weaknesses, opportunities, and threats of a proposed project. It covers five key factors in feasibility analysis: technological feasibility to determine if the required technology is available; economic feasibility through cost-benefit analysis to determine if the benefits outweigh the costs; operational feasibility to evaluate if the project fits with organizational goals and structure; schedule feasibility to assess if the project can be completed on time; and legal feasibility to ensure the project complies with relevant laws and regulations. Conducting a thorough feasibility analysis is important for evaluating the viability of a proposed project before significant resources are committed.
This document discusses project management and defines it as planning related activities to reach an objective that has a beginning and end. It describes the key phases of project management as initiating, planning, executing, and closing. For each phase, it lists the common techniques used such as establishing teams, developing schedules and budgets, monitoring progress, and conducting reviews. The overall purpose of project management is to link goals to stakeholder needs and help complete projects on time and within budget.
Advanced concept of project risk management project reportramesh roy
1. The document summarizes advanced concepts in project management that could be applied to projects in Indian Oil Corporation Limited (IOCL), including maintaining a high consciousness quotient for project teams, strategic project risk management using methods like AHP, and using critical chain management.
2. It discusses these concepts in detail, explaining how maintaining consciousness of unique project attributes, using AHP for project selection weighting attributes, and removing safety buffers from tasks to pool into project buffers in critical chain management can improve on-time and on-budget project delivery.
3. The document concludes that while these advanced concepts are equally applicable to oil and gas projects, their implementation in IOCL would require further organization and project-based study to develop internal
Project management has grown significantly due to factors like increasing knowledge, demand for complex goods and services, and competitive global markets. It is used widely in industries like construction, legal cases, and new product development. The Project Management Institute (PMI) was established in 1969 and has seen exponential membership growth, indicative of the increasing use of project management. A project is defined as a temporary endeavor undertaken to create a unique product or service with clear start and end dates. Project management involves planning, implementing, and delivering projects according to cost, time and quality objectives.
This document discusses project dynamics, an emerging approach to understanding the complex dynamics of projects over time. It discusses how project dynamics can be applied to (1) understand features of projects like activities, phases and interdependencies, (2) model rework cycles and their compounding effects, and (3) evaluate the intended and unintended consequences of project control strategies. The document argues that applying a project dynamics approach can provide new insights to improve project management practices.
[Report] Who's protecting your blindside? Construction Management: Protectin...JLL
Risk management continues to top business agendas, being regarded as critical to succeed in today’s competitive and volatile corporate environment. However, many companies leave themselves open to significant risks in the delivery of real estate projects. Risk management continues to top business agendas, being regarded as critical to succeed in today’s competitive and volatile corporate environment. However, many companies leave themselves open to significant risks in the delivery of real estate projects.
To learn more about JLL's project and development services in APAC, please visit: http://bit.ly/1iEasVh
This document discusses various aspects of project management including defining a project, characteristics of projects, project life cycles, and estimating project time and costs. It defines a project as a complex, non-routine effort with established objectives, a defined life span, and cross-organizational participation. Successful project management requires understanding an organization's strategy and culture. Estimating project time and costs involves both top-down and bottom-up approaches.
This document discusses various aspects of project management including defining a project, characteristics of projects, project life cycles, and estimating project time and costs. It defines a project as a complex, non-routine effort with established objectives, a defined life span, and cross-organizational participation. Successful project management requires understanding an organization's strategy and culture. Estimating project time and costs involves both top-down and bottom-up approaches.
This document provides an overview of project management concepts including strategic planning principles. It discusses key aspects of project management like the project life cycle, classifications, risks, scope, and strategic planning goals, objectives and assumptions. Specifically:
1) It describes the typical phases of a project life cycle including conception, definition, planning, operation, and feedback. It also discusses how uncertainty can impact projects.
2) It explains how to classify projects based on work effort and budget into basic or major projects and why classification is important.
3) It identifies categories of project risk like stakeholder, regulatory, technology, external, and execution risks.
4) It discusses the importance of defining project scope and managing scope creep
Student 1 Hi,Project is a temporary goal that a team or an .docxcpatriciarpatricia
Student 1:
Hi,
Project is a temporary goal that a team or an organization undertakes in order to create a unique product or service. A project different from a day-to-day activity, this is because project(s) are temporary, it will have a start, a goal, a defined objective, and a scope that must be achieved by the defined end time (Project Management Institute, n.d.). On top of the above-mentioned, projects heavily rely on the effective management of triple-constants, time, quality & cost. The key attributes of a project are that,
1. A project will always have a start and end dates
2. Requires resources from multiple teams or areas in an organization to achieve one common goal
3. Involves uncertainty and changes to scope
4. Has budget limitation that impacts utilization of resources and supplies
5. Will always need a stakeholder or a sponsor
In my experience, I learnt that he role of top management / business leadership commitment is key for a project to yield fruitful results as many projects aren’t completed due to lack of leadership support & commitment. Involvement of top management in our project helped us team in getting key decisions and changes related to infrastructure, architecture, network & operations quickly. Leadership involvement during initiation/kick-off ensured that the impacted teams that are on the other side of the organization co-operated more readily than usual. Having the top management involved in the project helped our team in getting additional resources and support when required that otherwise could have resulted in delay or even termination of the project. IT projects are filled with unique challenges in every step, some of them are,
1. Scope change in the middle of the project
2. Delivery delays due to miscommunication of scope between impacted teams (Ramachandran, 2017)
3. Remote stakeholders that make output delivery and decision-making difficult (Ramachandran, 2017)
Absence of pre-defined project management practices that jeopardizes the delivery when blockers appear (Ramachandran, 2017)
Thanks,
Vamshi
References
Project Management Institute. (n.d.). What is Project Management? Retrieved from Project Management Institute: https://www.pmi.org/about/learn-about-pmi/what-is-project-management
Ramachandran, K. (2017, September 18). 5 IT Project Management Challenges and How to Overcome Them. Retrieved from Capterra: https://blog.capterra.com/it-project-management-challenges-and-how-to-overcome-them/
Student 2:
IT Management
What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs?
A project is a venture towards developing a certain product or services which is unique, is a mostly a collaborative practice which is planned and organized to follow particular order so as to achieve. For an activity to be referred to as a project, there are some attributes that must be displayed. This includes; projects are unique and mostly temporary because .
Student 1 Hi,Project is a temporary goal that a team or an .docxdeanmtaylor1545
Student 1:
Hi,
Project is a temporary goal that a team or an organization undertakes in order to create a unique product or service. A project different from a day-to-day activity, this is because project(s) are temporary, it will have a start, a goal, a defined objective, and a scope that must be achieved by the defined end time (Project Management Institute, n.d.). On top of the above-mentioned, projects heavily rely on the effective management of triple-constants, time, quality & cost. The key attributes of a project are that,
1. A project will always have a start and end dates
2. Requires resources from multiple teams or areas in an organization to achieve one common goal
3. Involves uncertainty and changes to scope
4. Has budget limitation that impacts utilization of resources and supplies
5. Will always need a stakeholder or a sponsor
In my experience, I learnt that he role of top management / business leadership commitment is key for a project to yield fruitful results as many projects aren’t completed due to lack of leadership support & commitment. Involvement of top management in our project helped us team in getting key decisions and changes related to infrastructure, architecture, network & operations quickly. Leadership involvement during initiation/kick-off ensured that the impacted teams that are on the other side of the organization co-operated more readily than usual. Having the top management involved in the project helped our team in getting additional resources and support when required that otherwise could have resulted in delay or even termination of the project. IT projects are filled with unique challenges in every step, some of them are,
1. Scope change in the middle of the project
2. Delivery delays due to miscommunication of scope between impacted teams (Ramachandran, 2017)
3. Remote stakeholders that make output delivery and decision-making difficult (Ramachandran, 2017)
Absence of pre-defined project management practices that jeopardizes the delivery when blockers appear (Ramachandran, 2017)
Thanks,
Vamshi
References
Project Management Institute. (n.d.). What is Project Management? Retrieved from Project Management Institute: https://www.pmi.org/about/learn-about-pmi/what-is-project-management
Ramachandran, K. (2017, September 18). 5 IT Project Management Challenges and How to Overcome Them. Retrieved from Capterra: https://blog.capterra.com/it-project-management-challenges-and-how-to-overcome-them/
Student 2:
IT Management
What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs?
A project is a venture towards developing a certain product or services which is unique, is a mostly a collaborative practice which is planned and organized to follow particular order so as to achieve. For an activity to be referred to as a project, there are some attributes that must be displayed. This includes; projects are unique and mostly temporary because .
Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria. A project is a temporary endeavour designed to produce a unique product, service or results with a defined beginning and end constrained and often constrained by undertaken to meet unique goals and objectives. Typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual .which are repetitive, permanent or semi-permanent functional activities to produce products or services (Nguyen et al, 2009, p.1134).
This document discusses tools and techniques for managing projects that have encountered difficulties and are at risk of failing. It provides two case studies as examples. The first case study describes a project that was 25% complete that was using a "big bang" approach across several countries. Early warning signs identified communication, team, and scope issues. The project was turned around by improving communication, quantifying scope changes, and better business/project alignment. The second case study describes a project 70% through time that faced significant technology challenges. Issues involved new technology, expanded scope, dispersed teams, and unaddressed risks. The project was salvaged by addressing these issues.
Running Head PROJECT MANAGEMENT METHODOLOGIES & TOOLS1PROJE.docxtodd581
Running Head: PROJECT MANAGEMENT METHODOLOGIES & TOOLS 1
PROJECT MANAGEMENT METHODOLOGIES & TOOLS 5
PROJECT MANAGEMENT METHODOLOGIES & TOOLS
Mekdes Asaminew
Rasmussen College
05/16/2020
FAQ document
What are project management tools?
These are the instruments which project managers use to plan, execute as well as manage plans in one centralized virtual location. These tools vary from team to team depending on the tasks to be performed in the project. The project management tools include; project management software, real-time instant messaging tool, knowledge base tool and file sharing tool.
What is project management software?
This is computer software which helps the project team members to collaborate during the project, plan all their activities as well as to record all the collected data.
What is a real-time instant messaging tool?
It is a tool that allows team members of a particular project to talk and video call with colleagues in real time. This tool helps improve collaboration of the team members and allows all people to collectively provide their opinions on different matters during carrying out the project.
What is knowledge base tool?
It involves a search database that allows individual to store the combined wisdom of the team members and ensures that the information is accessible to all members
What is a file sharing tool?
It is a tool which allows people to save sync and share files. It ensures that all the documents provided by team members are well stored and easily retrievable for future reference. (Bilal.et.al, 2017)
What are project management methodologies?
Project management methodologies are basically the different techniques which are used to approach a given project; every methodology of project management has its unique process and workflow. They are classified into “traditional or sequential methodologies, agile methodologies, the change management methodologies and process-based methodologies.”
What are the traditional or sequential methodologies?
These are the methods of managing a project which involve a sequence of tasks which lead to the final deliverables and project managers are required to ensure that the tasks are worked on them in a given order. The methodologies classified under this category include;
· Waterfall project management methodology; involves completing a certain task before beginning another task in a linked sequence of objects which adds up to the general goal. It is used in projects that create physical objects like building a computer.
· Critical path method; it involves prioritizing and allocating available raw materials to ensure the most crucial task is done as well as rescheduling lower priority task.
· Critical chain project management; involves a technique for putting main concentration on the needed materials.
What are agile methodologies?
These are project management methodologies which prioritize on shorter iterative cycles and flexibility. They are categorized .
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The candidates will develop a substantive understanding of the six components of reading by creating a 7-10 page paper. The paper must define and explain each of the six components of reading: comprehension, oral language, phonological awareness, phonics, fluency, and vocabulary. It must also include evidence-based practices that promote development in each reading area and have at least five references from journals or textbooks.
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The document discusses software project management. It covers defining a project, the three constraints of scope, time and cost, characteristics of software projects, identifying stakeholders, and setting SMART objectives. It also discusses the functions, responsibilities and abilities of a project manager, as well as different organizational structures for projects.
Covering all the aspects of project management related to its characteristics, need, and importance, project life cycle, the Socio-Technical Approach to Project Management and its current drivers.
Project management is one of the most popular tool in the companies in today´s competitive environment. There are many successful companies, in which the project management has the key position. Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Project management is accomplished with the processes such as initiating, planning, executing, controlling, and closing. The project team manages the work of the projects, and the work typically involves competing demands, stakeholders with differing needs and expectations and identified requirements. It is important to note that many of the processes within project management are iterative in nature. This is in part due to the existence of and the necessity for progressive elaboration in a project throughout the project life cycle.
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The document provides an overview of project management. It defines a project as a temporary endeavor undertaken to create a unique product or service. The objectives of a project are to deliver the project within defined performance, time, and cost constraints. Project management emerged as an important discipline due to increasing complexity in modern organizations. Key aspects of project management covered include the project life cycle, characteristics of projects, forces driving greater use of projects, and the importance of the Project Management Institute in developing the field.
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This document discusses project management and defines it as planning related activities to reach an objective that has a beginning and end. It describes the key phases of project management as initiating, planning, executing, and closing. For each phase, it lists the common techniques used such as establishing teams, developing schedules and budgets, monitoring progress, and conducting reviews. The overall purpose of project management is to link goals to stakeholder needs and help complete projects on time and within budget.
Advanced concept of project risk management project reportramesh roy
1. The document summarizes advanced concepts in project management that could be applied to projects in Indian Oil Corporation Limited (IOCL), including maintaining a high consciousness quotient for project teams, strategic project risk management using methods like AHP, and using critical chain management.
2. It discusses these concepts in detail, explaining how maintaining consciousness of unique project attributes, using AHP for project selection weighting attributes, and removing safety buffers from tasks to pool into project buffers in critical chain management can improve on-time and on-budget project delivery.
3. The document concludes that while these advanced concepts are equally applicable to oil and gas projects, their implementation in IOCL would require further organization and project-based study to develop internal
Project management has grown significantly due to factors like increasing knowledge, demand for complex goods and services, and competitive global markets. It is used widely in industries like construction, legal cases, and new product development. The Project Management Institute (PMI) was established in 1969 and has seen exponential membership growth, indicative of the increasing use of project management. A project is defined as a temporary endeavor undertaken to create a unique product or service with clear start and end dates. Project management involves planning, implementing, and delivering projects according to cost, time and quality objectives.
This document discusses project dynamics, an emerging approach to understanding the complex dynamics of projects over time. It discusses how project dynamics can be applied to (1) understand features of projects like activities, phases and interdependencies, (2) model rework cycles and their compounding effects, and (3) evaluate the intended and unintended consequences of project control strategies. The document argues that applying a project dynamics approach can provide new insights to improve project management practices.
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To learn more about JLL's project and development services in APAC, please visit: http://bit.ly/1iEasVh
This document discusses various aspects of project management including defining a project, characteristics of projects, project life cycles, and estimating project time and costs. It defines a project as a complex, non-routine effort with established objectives, a defined life span, and cross-organizational participation. Successful project management requires understanding an organization's strategy and culture. Estimating project time and costs involves both top-down and bottom-up approaches.
This document discusses various aspects of project management including defining a project, characteristics of projects, project life cycles, and estimating project time and costs. It defines a project as a complex, non-routine effort with established objectives, a defined life span, and cross-organizational participation. Successful project management requires understanding an organization's strategy and culture. Estimating project time and costs involves both top-down and bottom-up approaches.
This document provides an overview of project management concepts including strategic planning principles. It discusses key aspects of project management like the project life cycle, classifications, risks, scope, and strategic planning goals, objectives and assumptions. Specifically:
1) It describes the typical phases of a project life cycle including conception, definition, planning, operation, and feedback. It also discusses how uncertainty can impact projects.
2) It explains how to classify projects based on work effort and budget into basic or major projects and why classification is important.
3) It identifies categories of project risk like stakeholder, regulatory, technology, external, and execution risks.
4) It discusses the importance of defining project scope and managing scope creep
Student 1 Hi,Project is a temporary goal that a team or an .docxcpatriciarpatricia
Student 1:
Hi,
Project is a temporary goal that a team or an organization undertakes in order to create a unique product or service. A project different from a day-to-day activity, this is because project(s) are temporary, it will have a start, a goal, a defined objective, and a scope that must be achieved by the defined end time (Project Management Institute, n.d.). On top of the above-mentioned, projects heavily rely on the effective management of triple-constants, time, quality & cost. The key attributes of a project are that,
1. A project will always have a start and end dates
2. Requires resources from multiple teams or areas in an organization to achieve one common goal
3. Involves uncertainty and changes to scope
4. Has budget limitation that impacts utilization of resources and supplies
5. Will always need a stakeholder or a sponsor
In my experience, I learnt that he role of top management / business leadership commitment is key for a project to yield fruitful results as many projects aren’t completed due to lack of leadership support & commitment. Involvement of top management in our project helped us team in getting key decisions and changes related to infrastructure, architecture, network & operations quickly. Leadership involvement during initiation/kick-off ensured that the impacted teams that are on the other side of the organization co-operated more readily than usual. Having the top management involved in the project helped our team in getting additional resources and support when required that otherwise could have resulted in delay or even termination of the project. IT projects are filled with unique challenges in every step, some of them are,
1. Scope change in the middle of the project
2. Delivery delays due to miscommunication of scope between impacted teams (Ramachandran, 2017)
3. Remote stakeholders that make output delivery and decision-making difficult (Ramachandran, 2017)
Absence of pre-defined project management practices that jeopardizes the delivery when blockers appear (Ramachandran, 2017)
Thanks,
Vamshi
References
Project Management Institute. (n.d.). What is Project Management? Retrieved from Project Management Institute: https://www.pmi.org/about/learn-about-pmi/what-is-project-management
Ramachandran, K. (2017, September 18). 5 IT Project Management Challenges and How to Overcome Them. Retrieved from Capterra: https://blog.capterra.com/it-project-management-challenges-and-how-to-overcome-them/
Student 2:
IT Management
What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs?
A project is a venture towards developing a certain product or services which is unique, is a mostly a collaborative practice which is planned and organized to follow particular order so as to achieve. For an activity to be referred to as a project, there are some attributes that must be displayed. This includes; projects are unique and mostly temporary because .
Student 1 Hi,Project is a temporary goal that a team or an .docxdeanmtaylor1545
Student 1:
Hi,
Project is a temporary goal that a team or an organization undertakes in order to create a unique product or service. A project different from a day-to-day activity, this is because project(s) are temporary, it will have a start, a goal, a defined objective, and a scope that must be achieved by the defined end time (Project Management Institute, n.d.). On top of the above-mentioned, projects heavily rely on the effective management of triple-constants, time, quality & cost. The key attributes of a project are that,
1. A project will always have a start and end dates
2. Requires resources from multiple teams or areas in an organization to achieve one common goal
3. Involves uncertainty and changes to scope
4. Has budget limitation that impacts utilization of resources and supplies
5. Will always need a stakeholder or a sponsor
In my experience, I learnt that he role of top management / business leadership commitment is key for a project to yield fruitful results as many projects aren’t completed due to lack of leadership support & commitment. Involvement of top management in our project helped us team in getting key decisions and changes related to infrastructure, architecture, network & operations quickly. Leadership involvement during initiation/kick-off ensured that the impacted teams that are on the other side of the organization co-operated more readily than usual. Having the top management involved in the project helped our team in getting additional resources and support when required that otherwise could have resulted in delay or even termination of the project. IT projects are filled with unique challenges in every step, some of them are,
1. Scope change in the middle of the project
2. Delivery delays due to miscommunication of scope between impacted teams (Ramachandran, 2017)
3. Remote stakeholders that make output delivery and decision-making difficult (Ramachandran, 2017)
Absence of pre-defined project management practices that jeopardizes the delivery when blockers appear (Ramachandran, 2017)
Thanks,
Vamshi
References
Project Management Institute. (n.d.). What is Project Management? Retrieved from Project Management Institute: https://www.pmi.org/about/learn-about-pmi/what-is-project-management
Ramachandran, K. (2017, September 18). 5 IT Project Management Challenges and How to Overcome Them. Retrieved from Capterra: https://blog.capterra.com/it-project-management-challenges-and-how-to-overcome-them/
Student 2:
IT Management
What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs?
A project is a venture towards developing a certain product or services which is unique, is a mostly a collaborative practice which is planned and organized to follow particular order so as to achieve. For an activity to be referred to as a project, there are some attributes that must be displayed. This includes; projects are unique and mostly temporary because .
Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria. A project is a temporary endeavour designed to produce a unique product, service or results with a defined beginning and end constrained and often constrained by undertaken to meet unique goals and objectives. Typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual .which are repetitive, permanent or semi-permanent functional activities to produce products or services (Nguyen et al, 2009, p.1134).
This document discusses tools and techniques for managing projects that have encountered difficulties and are at risk of failing. It provides two case studies as examples. The first case study describes a project that was 25% complete that was using a "big bang" approach across several countries. Early warning signs identified communication, team, and scope issues. The project was turned around by improving communication, quantifying scope changes, and better business/project alignment. The second case study describes a project 70% through time that faced significant technology challenges. Issues involved new technology, expanded scope, dispersed teams, and unaddressed risks. The project was salvaged by addressing these issues.
Running Head PROJECT MANAGEMENT METHODOLOGIES & TOOLS1PROJE.docxtodd581
Running Head: PROJECT MANAGEMENT METHODOLOGIES & TOOLS 1
PROJECT MANAGEMENT METHODOLOGIES & TOOLS 5
PROJECT MANAGEMENT METHODOLOGIES & TOOLS
Mekdes Asaminew
Rasmussen College
05/16/2020
FAQ document
What are project management tools?
These are the instruments which project managers use to plan, execute as well as manage plans in one centralized virtual location. These tools vary from team to team depending on the tasks to be performed in the project. The project management tools include; project management software, real-time instant messaging tool, knowledge base tool and file sharing tool.
What is project management software?
This is computer software which helps the project team members to collaborate during the project, plan all their activities as well as to record all the collected data.
What is a real-time instant messaging tool?
It is a tool that allows team members of a particular project to talk and video call with colleagues in real time. This tool helps improve collaboration of the team members and allows all people to collectively provide their opinions on different matters during carrying out the project.
What is knowledge base tool?
It involves a search database that allows individual to store the combined wisdom of the team members and ensures that the information is accessible to all members
What is a file sharing tool?
It is a tool which allows people to save sync and share files. It ensures that all the documents provided by team members are well stored and easily retrievable for future reference. (Bilal.et.al, 2017)
What are project management methodologies?
Project management methodologies are basically the different techniques which are used to approach a given project; every methodology of project management has its unique process and workflow. They are classified into “traditional or sequential methodologies, agile methodologies, the change management methodologies and process-based methodologies.”
What are the traditional or sequential methodologies?
These are the methods of managing a project which involve a sequence of tasks which lead to the final deliverables and project managers are required to ensure that the tasks are worked on them in a given order. The methodologies classified under this category include;
· Waterfall project management methodology; involves completing a certain task before beginning another task in a linked sequence of objects which adds up to the general goal. It is used in projects that create physical objects like building a computer.
· Critical path method; it involves prioritizing and allocating available raw materials to ensure the most crucial task is done as well as rescheduling lower priority task.
· Critical chain project management; involves a technique for putting main concentration on the needed materials.
What are agile methodologies?
These are project management methodologies which prioritize on shorter iterative cycles and flexibility. They are categorized .
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ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...PECB
Denis is a dynamic and results-driven Chief Information Officer (CIO) with a distinguished career spanning information systems analysis and technical project management. With a proven track record of spearheading the design and delivery of cutting-edge Information Management solutions, he has consistently elevated business operations, streamlined reporting functions, and maximized process efficiency.
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Date: May 29, 2024
Tags: Information Security, ISO/IEC 27001, ISO/IEC 42001, Artificial Intelligence, GDPR
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