introduction of project management and its life cycle.

2. Project
A project is a temporary endeavor undertaken to produce a unique
product or service.
Temporary
UniqueCharacteristics of
Projects
Temporary – Definitive beginning and end
Unique – New undertaking, unfamiliar ground

3. Project Management
Project Management is the application of skills, knowledge, tools and
techniques to meet the needs and expectations of stakeholders for a
project.
The purpose of project management is prediction and prevention,
NOT recognition and reaction

4. Project Management Process
Project management process is an administration process for the
planning and control of services or the implementation of a project.
 This process begins after the approval by the customer, is based on the
contract, and is targeted on the initial values of the process and the
general management of a project.

5. Phases of Project Management
Projects are broken into smaller, more digestible pieces, also known
as project phases. Project phases allow you to take your unwieldy
project and organize it so that you can warp your mind around it
and make progress.

6. In project management there are six phases:

7. Initiation Phase
Define the need
Return on Investment Analysis
Make or Buy Decision
Budget Development

8. Definition Phase
Determine goals, scope and project constraints
Identify members and their roles
Define communication channels, methods, frequency and content
Risk management planning

9. Planning Phase
Resource Planning
Work Breakdown Structure
Project Schedule Development
Quality Assurance Plan

10. Implementation Phase:
• Execute project plan and accomplish project goals
• Training Plan /System Build
• Quality Assurance
• Regular Monitoring
• Resource Support
• Critical issues discussed and solution
• Meeting with the team on completion of each major milestone
• Track the progress against the plan
• System to add/delete tasks in the PMT

11. Deployment Phase
User Training
Production Review
Start Using

12. Closing Phase:
Contractual Closeout
Post Production Transition
Lessons Learned

13. Project Success
Customer Requirements
satisfied/exceeded
Completed within allocated
time frame
Completed within allocated
budget
Accepted by the customer

14. Project Failure
Scope Creep
Poor Requirements
Gathering
Unrealistic planning and
scheduling
Lack of resources

16. Project Management….
Work Smart Not Hard !!!