harisjaswal_1132_17052_1_Lecture 01 - 20th February 2021.pptx
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This document provides an introduction to project management. It defines a project as a temporary endeavor with a definite beginning and end, undertaken to create a unique product or service. The module aims to address wider business and project management issues. Project management involves applying processes like initiating, planning, executing, monitoring, controlling and closing to meet objectives. Strategy provides the framework to guide organizational choices and determine nature and direction. Strategies and projects exist at different levels, with operations management focusing on enterprise goals and project management on project goals.
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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?
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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.”
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· 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.
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Project Planning and Best Practices
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Project Management program, Drexel University, Philadelphia, PA, USA
[email protected], [email protected], [email protected], [email protected]
Abstract
Successful organizations incorporate project planning and best practices into their business
models. Such organizations use project planning and best practices to ensure they are being the
most efficient, effective, and sustainable they can be. The Project Planning and Best Practices
study documents the project planning process; defines the key elements of the usual project plan
and risks associated with not addressing each element appropriately; and offers some industry best
practices to mitigate those risks. The high tempo of most contemporary, professional projects
engenders a demanding environment that allows little margin for failure to mitigate these risks.
The study’s methodology included major books, an on-line article, and a personal interview on
project management, project planning, and industry best practices as well as the authors’ own
professional experiences at NASA, the U.S. Army, the U.S. Coast Guard, and Computer Sciences
Corporation. It referenced internationally accepted resources and practices that are readily
available to aspiring project managers. Further, it examined risks of not addressing the planning
process and not implementing best practices within an organization. The study determined that
virtually every step in professional project management includes project planning, and that the key
elements of a project plan include project requirements; project management; project schedules;
facility requirements; logistic support; financial support; and manpower and organization. Failure
to effectively address each of these elements invites risk that can lead to project failure. After
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
Journal of IT and Economic Development 6(1), 1-15, April 2015 2
studying this paper, the reader should have a clear understanding of how to properly plan a project
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[email protected], [email protected], [email protected], [email protected]
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mailto:[email protected]
mailto:[email protected]
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[email protected]
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What is project management and what does it involve?
What is project management and what does it involve?
Most firms day to day operations serve customers through a network of inter connecting business processes, as business volumes change, the loading on these processes can increase or decrease (Nokes et. al. 2003) and there is often a need for some adaption in each process.
There may be a cumulative effect of many adaptions just to change of one of the processes, and as markets are subject to rapid change firms cannot afford to wait for gradual adaptions to take effect, therefore projects are required to provide a structure for making changes at a faster rate.
Nokes et al suggests that “ as markets increase and product cycles shorten the importance of projects will increase”. Projects are required to replace old and inefficient ways of doing things to methods better suited to modern market conditions.
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Benefit of using case studies
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This document provides an overview of project management concepts and techniques for instructional designers. It introduces project management certification and discusses how project management aligns with the ADDIE instructional design model. The presentation covers initiating a project with a needs analysis and project charter, planning with an instructional design document and project management plan, and identifying stakeholders. Formats are provided for documenting needs analyses, project charters, instructional design documents, and other project components. Project management is presented as a useful skill for instructional designers to successfully complete instructional design projects.
Intro to PM.pdf
The document provides an overview of fundamentals of project management. It covers basic concepts such as defining a project, characteristics of projects, and what constitutes project management. It then details the 9 knowledge areas of project management including scope, time, cost, quality and risk management. For each area, it describes the key inputs, processes and outputs involved. It emphasizes that project management is about people and communication. It also identifies common causes of project failure and success. The presentation aims to provide a foundational understanding of project management principles and practices.
Week 2-1218025656801810-9
This document discusses project portfolio management and the process of selecting projects. It begins by explaining the importance of strategic planning and linking projects to organizational strategy. Various models for analyzing strategy are presented, including Porter's five forces analysis and the balanced scorecard. The document then discusses identifying potential projects, developing project proposals, and using various selection methods to evaluate proposals against criteria like strategic alignment and resource requirements. It emphasizes the benefits of portfolio management in prioritizing projects but also notes challenges in getting stakeholder agreement and balancing competing resource needs.
Project management for instructional designers
A presentation on project management principles and use in instructional design and how the project management phases and activities sync with the ADDIE Model. Presentation given by Kim Mckee and Kimberly Klotz at the Teaching with Technology Conference at UAMS.
PM-1 Overview.ppt
This document provides an overview of software project management. It discusses key topics like the project life cycle, stakeholders, tools and techniques, and challenges of software projects. Several studies found that 31-53% of IT projects were cancelled or over budget. Effective project managers balance scope, time and costs, use proven techniques, and have both technical and soft skills. Projects require defining goals, planning, execution, closure and evaluation to deliver value.
Pmbok
The document discusses various approaches to project management including PMBOK, PRINCE2, and Six Sigma. It provides details on:
1) The five process groups and ten knowledge areas that PMBOK recognizes as typical for almost all projects.
2) The key aspects that PRINCE2 emphasizes such as organizing/planning before starting work and controlling a project once started.
3) How Six Sigma uses green belts and black belts for projects and that these typically last 4 months, with management control through goals rather than formal project management.
Journal of IT and Economic Development 6(1), 1-15, April 2015
Journal of IT and Economic Development 6(1), 1-15, April 2015 1
Project Planning and Best Practices
Mark Allen, Jason McLees, Crystal Richardson, Dedrick Waterford
Project Management program, Drexel University, Philadelphia, PA, USA
[email protected], [email protected], [email protected], [email protected]
Abstract
Successful organizations incorporate project planning and best practices into their business
models. Such organizations use project planning and best practices to ensure they are being the
most efficient, effective, and sustainable they can be. The Project Planning and Best Practices
study documents the project planning process; defines the key elements of the usual project plan
and risks associated with not addressing each element appropriately; and offers some industry best
practices to mitigate those risks. The high tempo of most contemporary, professional projects
engenders a demanding environment that allows little margin for failure to mitigate these risks.
The study’s methodology included major books, an on-line article, and a personal interview on
project management, project planning, and industry best practices as well as the authors’ own
professional experiences at NASA, the U.S. Army, the U.S. Coast Guard, and Computer Sciences
Corporation. It referenced internationally accepted resources and practices that are readily
available to aspiring project managers. Further, it examined risks of not addressing the planning
process and not implementing best practices within an organization. The study determined that
virtually every step in professional project management includes project planning, and that the key
elements of a project plan include project requirements; project management; project schedules;
facility requirements; logistic support; financial support; and manpower and organization. Failure
to effectively address each of these elements invites risk that can lead to project failure. After
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
Journal of IT and Economic Development 6(1), 1-15, April 2015 2
studying this paper, the reader should have a clear understanding of how to properly plan a project
and use best practices.
Keywords: Project Planning, Best Practices, Project Management, Project Management Body of
Knowledge (PMBOK), Project Management Institute (PMI)
Introduction
The objective of this study is to document the project planning process and best practices.
The background includes the following elements. This topic was selected for its high potential to
assist the reader with project selection and key elements of project management to achieve greater
levels of organizational efficiency, effectiveness, and sustainability. The most effective project
work is disciplined and aligned with corporate strategy. The study’s scope includes the key
elements of the usual pro ...
Journal of IT and Economic Development 6(1), 1-15, April 2015 .docx
Journal of IT and Economic Development 6(1), 1-15, April 2015 1
Project Planning and Best Practices
Mark Allen, Jason McLees, Crystal Richardson, Dedrick Waterford
Project Management program, Drexel University, Philadelphia, PA, USA
[email protected], [email protected], [email protected], [email protected]
Abstract
Successful organizations incorporate project planning and best practices into their business
models. Such organizations use project planning and best practices to ensure they are being the
most efficient, effective, and sustainable they can be. The Project Planning and Best Practices
study documents the project planning process; defines the key elements of the usual project plan
and risks associated with not addressing each element appropriately; and offers some industry best
practices to mitigate those risks. The high tempo of most contemporary, professional projects
engenders a demanding environment that allows little margin for failure to mitigate these risks.
The study’s methodology included major books, an on-line article, and a personal interview on
project management, project planning, and industry best practices as well as the authors’ own
professional experiences at NASA, the U.S. Army, the U.S. Coast Guard, and Computer Sciences
Corporation. It referenced internationally accepted resources and practices that are readily
available to aspiring project managers. Further, it examined risks of not addressing the planning
process and not implementing best practices within an organization. The study determined that
virtually every step in professional project management includes project planning, and that the key
elements of a project plan include project requirements; project management; project schedules;
facility requirements; logistic support; financial support; and manpower and organization. Failure
to effectively address each of these elements invites risk that can lead to project failure. After
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
mailto:[email protected]
Journal of IT and Economic Development 6(1), 1-15, April 2015 2
studying this paper, the reader should have a clear understanding of how to properly plan a project
and use best practices.
Keywords: Project Planning, Best Practices, Project Management, Project Management Body of
Knowledge (PMBOK), Project Management Institute (PMI)
Introduction
The objective of this study is to document the project planning process and best practices.
The background includes the following elements. This topic was selected for its high potential to
assist the reader with project selection and key elements of project management to achieve greater
levels of organizational efficiency, effectiveness, and sustainability. The most effective project
work is disciplined and aligned with corporate strategy. The study’s scope includes the key
elements of the usual pro ...
Project Management The State Of The Art
1. The document discusses the state of project management as an established profession, noting major certification bodies like PMI and PRINCE2 and how competence is developed through knowledge, skills, and experience.
2. It argues that many IT project failures stem from not applying best practices and a lack of collective professionalism, despite the field maturing with standards and certifications.
3. The key aspects of project, program, and portfolio management are defined, including their different scopes, success measures, and roles of the managers. The progression from independent to coordinated projects through programs and portfolios is also outlined.
Project Management The State of the Art
Elma Roberg, president of the Project Management Institute South Africa presents on project management vs program management and more.
Research proposal implementation of project management
Tutors India Dissertation topic/ title provide a convincing rationale for critical decisions. We select topics from three sources, from student, supervisor, and external organization
Pearson HND BTEC Level 5 HNDManaging a Successful Business Pr.docx
Pearson HND BTEC Level 5 HND
Managing a Successful Business Project (MSBP)
LO 1
[email protected]
Managing a Successful Business Project
Learning Outcomes
By the end of this module you will be able to:
Establish project aims, objectives and timeframes based on the chosen theme.
Conduct small-scale research, information gathering and data collection to generate knowledge to support your project.
Present your project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis.
Reflect on the value you have gained from conducting a project and its usefulness to support sustainable organisational performance.
LO1 : Establish project aims, objectives and timeframes based on the chosen theme.
P1 - Devise project aims and objectives for a chosen scenario.
P2 - Produce a project management plan that covers aspects of cost, scope, time, quality, communication, risk and resources.
P3 - Produce a work breakdown structure and a Gantt Chart to provide timeframes and stages for completion.
What is project management and what does it involve?
What is project management and what does it involve?
Most firms day to day operations serve customers through a network of inter connecting business processes, as business volumes change, the loading on these processes can increase or decrease (Nokes et. al. 2003) and there is often a need for some adaption in each process.
There may be a cumulative effect of many adaptions just to change of one of the processes, and as markets are subject to rapid change firms cannot afford to wait for gradual adaptions to take effect, therefore projects are required to provide a structure for making changes at a faster rate.
Nokes et al suggests that “ as markets increase and product cycles shorten the importance of projects will increase”. Projects are required to replace old and inefficient ways of doing things to methods better suited to modern market conditions.
Projects and the management of projects may be needed to tackle new problems.
Benefit of using case studies
In the aftermath of a series of acquisitions and mergers, a large financial services firm found itself attempting to operate with nearly seven hundred job titles for many similar positions due to the continued use of multiple legacy HR systems. The organization wanted to develop and implement a common set of job families and titles that could be used across the entire organization. Realizing the complexity of the task as well as a lack of internal expertise, they decided to seek external resources to carry out the work (Kaplan & Norton, 1996).
In order to begin developing a general overview of the project’s scope and cost, it is often helpful to collect information about how others have approached the same issue. This can be done through informal benchmarking efforts, consulting with colleagues.
1 b. introduction to project management
This document discusses key aspects of project management including stakeholders, knowledge areas, tools and techniques, project success factors, and the roles of project managers. It notes that stakeholders include sponsors, managers, teams, suppliers and others. The nine knowledge areas describe competencies for project managers. Project management tools help monitor progress. Factors like executive support and clear objectives help projects succeed. The profession of project management continues growing in importance.
Using the Analytic Hierarchy Process (AHP) to Select and Prioritize Project...
The objective of this paper is to present, discuss and apply the principles and techniques of the Analytic Hierarchy Process (AHP) in the prioritization and selection of projects in a portfolio. AHP is one of the main mathematical models currently available to support the decision theory.
Project plan overview
This document provides an overview of key elements to include in a project plan. It discusses the following components: scope management, time (schedule) management, cost management, quality management, human resource management, communications management, risk management, and procurement management. The document emphasizes that a project plan involves more than just a schedule and that a project manager should select the most appropriate components based on the project. It provides brief descriptions of each component and considerations for implementation.
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harisjaswal_1132_17052_1_Lecture 01 - 20th February 2021.pptx
- 1. Project Management Lecturer: Haris Jaswal Program: BA (Hons) in Business Studies (BABS)
- 2. Lecture: 01 Introduction to Project Management What is an Organization? Module Aims Project Management Project Definition Project Management Strategy Strategies and Projects
- 3. What is an organisation? No analysis is complete unless it takes account of all these aspects at once! A group of people An economic actor A bundle of resources An accumulation of knowledge + learning SZABIST
- 4. Module Aims The module addresses wider business and project management issues which affect the technological and business environment. Regional/International context National context Business environment Principles of strategic management Project management & planning Auditing & control Business legislation Resource management Global markets & supplies Forecasting Organisation Organisation structure
- 5. Project Management The Context of Projects Project Management Skills Technical Management Skills General Management Skills
- 6. Project definition “A project is a temporary endeavor undertaken to create a unique product, service or result” (PMBoK, 2013, p.2). Temporary means a definite beginning and a definite end Has a unique outcome, product, service, improvement, innovation Has a purpose/goal. Ceases when objectives have been attained. Team disbanded upon completion. A project can end when: The project’s objectives have been achieved The project is terminated because its objectives will not or cannot be met The need for the project no longer exists.
- 7. Questions Why do we do projects? To address the organization’s strategic plan: a) A market demand; b) A strategic opportunity / business need; c) A customer request; d) A technological advancement; and e) A legal requirement.
- 8. Questions Examples of projects include, but are not limited to: Identify the example that would not usually be considered a project. a) Developing a new product or service, b) Effecting a change in the structure, staffing, or style of an organization, c) Developing or acquiring a new or modified information system, d) Constructing a building or infrastructure, or e) Implementing a new business process or procedure.
- 9. Project Management Application of skills, knowledge, tools and techniques to project activities in order to meet project objectives/requirements Involves applying and integrating processes: Initiating Planning Executing Monitoring Controlling Closing A project often covers the following elements Scope, time & cost Human resource, communication, stakeholders Risk, quality & procurement
- 10. Project Management Project Planning Definition of work requirements Definition of quantity and quality of work Definition of resources needed Project Monitoring Tracking progress Comparing actual outcome to predicted outcome Analysing impact Making adjustments
- 11. Strategy What is strategy? “Strategy is the framework that guides those choices that determine the nature and direction of an organization” (Benjamin Tregoe and John Zimmerman, Top Management Strategy) “Strategy answers the questions: What should the organization be doing? What are the ends we seek and how should we achieve them?” (George Steiner, Strategic Planning) “Competitive strategy is a combination of the ends (goals) for which the firm is striving and the means (policies) by which it is seeking to get there” (Michael Porter, Competitive Strategy)
- 12. Strategy When you have each of the following, consider that you have a set of strategies: A position or mission comprising of a set of products, services, markets, geographies, channels, technologies (ends) A set of measureable goals (ends) Approaches by which you will achieve the ends (means) Specific plans to apply those means and resources to achieve the ends (project portfolio management)
- 13. Strategies and Projects Many organisations are involved in implementing more than one project, and are considering future projects, at the same time Organisations usually have stated objectives and strategies At project level, we have project management Strategy is usually at the executive level Is there a “gap”?
- 14. Strategies and Projects An executive might ask: What mix of potential projects will provide the best utilization of human and cash resources to maximize long-range growth and return on investment for the firm? How do the projects support strategic initiatives? How will the projects affect the value of corporate shares?(Levine 2005, p.16) These questions will not necessarily trouble those managing single projects They have to meet scope, time, cost and quality objectives particular to their project
- 15. Strategies and Projects There are two levels of management: Operations Management => enterprise-level goals Projects Management => project-level goals Source: Clevland and Ireland (2006, p.8) 2
- 16. Strategies and Projects Operations Management • Strategies • Objectives/goals • Business performance • Stockholder satisfaction • Project selection/mix • Resource availability • Cash flow, income (Levine 2005, p.18) Projects Management • Schedule/time • Project cost • Project performance • Stakeholder satisfaction • Scope/change management • Resource utilization • Cash usage
- 17. Strategies and Projects Project implementation is often at arms-length from the executive level But, during implementation… Projects change Business environments change Markets change Technologies change Policies change Economies change Anything else?
- 18. Thank You