This presentation discusses project management and its key phases: planning, scheduling, controlling, and closing. Planning involves tools like forecasting, contingency planning, scenarios, and benchmarking. Scheduling uses Gantt charts to plan and reschedule tasks. Controlling monitors the project through feedback controls. The closing phase involves formally accepting the completed project and archiving lessons learned.

1. Presentation By-
Abhijeet Malkar
Ankit Malde
Pankaj Lalchandani
Vinay Waswani
Vipul Darne

2. Introduction
 Definition
 Phases
1)Planning
2)Scheduling
3)Controlling
4)Closing

3. Planning
 Tools
1)Forecasting
2)Contingency
3)Scenario
4)Benchmarking

4. Forecasting
 Making assumptions about what will happen in the
future.
 Qualitative forecasting uses expert opinions.
 Quantitative forecasting uses mathematical and
statistical analysis.
 All forecasts rely on human judgment.

5. Contingency
 Identifying alternative courses of action that can be
implemented to meet the needs of changing
circumstances.
 Contingency plans anticipate changing conditions.

6. Scenario
 A long-term version of contingency planning.
 Plans made for each future scenario.
 Increases organization’s flexibility and preparation
for future shocks.

7. Benchmarking
 Use of external comparisons to better evaluate
current performance and identify possible actions
for the future.
 Adopting best practices of other organizations that
achieve superior performance.

8. Benchmarking contd..
 Stages
1)Decide what to Benchmark.
2)Gather Information.
3)Analyze.
4)Implement.

9. Benchmarking contd..
 Types
1)Strategic benchmarking
2)Performance benchmarking
3)Product benchmarking
4)Process benchmarking
5)Best-in-class benchmarking

10. Scheduling
 Scheduling using Gantt chart
 Rescheduling using Gantt chart

11. Constructing Gantt Chart
 The steps to construct a GANTT chart are:
1. Schedule the critical tasks in the correct
position.
2. Place the time windows in which the non-
critical tasks can be scheduled.
3. Schedule the non-critical tasks according to
their earliest starting times.
4. Indicate precedence relationships between
tasks.

12. Constructing Gantt Chart
 Example of an early GANTT chart construction:
Step 1. Schedule critical tasks.
Step 2. Place time windows for non-critical tasks.

13. Constructing Gantt Chart
Step 3. Schedule non-critical tasks
Step 4. Indicate precedence relationships:

14. Staffing & Re-scheduling

15. Staffing & Re-scheduling
 Project schedule
 Slack time
 Staff hours
 Resource smoothing

16. Controlling

17. TYPES OF CONTROLS
 Feedforward
 Concurrent
 Feedback

18. Closing
 Closing includes the formal acceptance of the project
and the ending thereof. Administrative activities
include the archiving of the files and documenting
lessons learned.
 Project close
 Contract closure

19. Conclusion