This document discusses project management and defines what constitutes a project. It provides definitions of a project from Harrison and the Project Management Institute. It outlines the key characteristics, elements and life cycle of projects. Examples of common projects are given like planning an event, implementing a new system, or conducting environmental cleanup. The responsibilities of a project manager are also summarized as planning, organizing resources, monitoring performance, and completing on time and budget. Finally, the importance and benefits of project management for complex, time-bound endeavors are highlighted.

1. PROJECT MANAGEMENT

2. INTRODUCTION
• The word ‘project’ came from the Latin word
projectum from the Latin verb proicese (to
throw something forwards) which in turn
comes from ‘pro’ which denote something
that proceeds the action of the next part of
the word.

3. DEFINITIONS
According to Harrison, “ Project is a non
routine, non repetitive, one-off undertaking,
with well defined time, financial and technical
performance goal;”
According to Project Management Institute
(PMI), “Project can be defined as a temporary
endeavor undertaken to accomplish a unique
objective / goal.”

4. CHARACTERISTICS OF PROJECT
• Objectivity /temporariness/Start –End point
• Uniqueness
• Talent
• Non-routine activity
• Complexity
• Life cycle
• Risk and uncertainty
• Change and environment)

5. CHARACTERISTICS OF PROJECT
• Involves resources
• Optimality
• Multidisciplinary
• conflicts
• Forecasting
• Definite time limit

6. Basic elements
• Operations
• Resources
• Conditions
• White elephant

7. Examples
• Planning a wedding
• Designing and implementing a computer system
• Hosting a holiday party
• Designing and producing a brochure
• Executing an environmental clean-up of a contaminated site
• Holding a high school reunion
• Performing a series of surgeries on an accident victim

8. Iron Triangle

9. Project Life Cycle

10. Project Definition Phase
• Initiate the project
• Identify the Project Manager
• Develop the Project Charter
• Conduct a Feasibility Study

11. Project Planning Phase
• Organize and staff the project
• Develop a Project Plan

12. Project Close-out Phase
• Document the lessons learned during the
project
• After-implementation review
• Provide performance feedback
• Close-out contracts
• Complete administrative close-out
• Deliver project completion report

14. Project Life Cycle Flow
Know
Problem
Space
Partial
Answer
Partial
Answer
Solution
Space
Don’t Know
Don’t Know
Know
HOW
WHAT
Project Definition
Execution

15. Review
• What is Project?
• Project life cycle.

16. TYPES OF PROJECTS
• Construction projects
• Research projects
• Reengineering projects
• Procurement projects
• Business implementation projects
• Miscellaneous types

17. RESPONSIBILITIES OF A PROJECT
MANAGER
1. To plan thoroughly all aspects of the project
2. To control the organization of manpower
needed by the project.
3. To control the basic technical definition of
the project.
4. To lead the people and organizations
assigned to the project at any given point in
time.

18. RESPONSIBILITIES OF A PROJECT
MANAGER
5. To monitor the performance, costs and
efficiency of all elements of the project.
6. To complete the project on schedule and
within costs.
7. To plan thoroughly all aspects of the project,
soliciting the active involvement of all the
areas involved.
8. To control the organization of man power.

19. RESPONSIBILITIES OF A PROJECT
MANAGER
9. To control the basic technical definition of
the project
10. To lead the people and organisation assigned
to the project at any point in time.
11. To monitor the performance, costs and
efficiency of all elements of the project and
the project as a whole.
12. To complete the project on schedule and
within costs .

20. WHY DO PROJECTS GO WRONG?
• Project goals are not clearly defined
• Short time scale
• Resource availability
• Quality factors
• Human factors

21. CONSTRAINS ON THE COMPLETION OF
PROJECTS
• Time
• Resource availability
• Quality factors

22. PROJECT FAMILY TREE
Plan
Programme
Project
Work Package
Task
Activity

23. CATEGORIES OF PROJECT
Project
International
National
Industrial
Non-Industrial
Low
Technology
Conventional
Technology
High
Technology
Non Conventional
/R&D
Mini
Medium
Major
Mega
Modification
Expansion
Grass root
Disaster
Crash
Normal

24. Classification of Projects
• Ownership-Private,Public ,PPP
• Investment-Short,mid ,long
• Research
• Sector –Agro,Industry,service
• Objective based-Commercial & social
• Nature-conventional,innovative,research,New product development
• Time-short,Mid and Long
• Function-Marketing,Finance,IT and production
• Risk-High ,Modrate,Low
• Investment decision based-Independent,Mutually
Exclusive,Contigent,Output based
• Techno-Economic –factor intensity,Causaution,magnitude
• Financial institutions based

25. IMPORTANCE OF PROJECT MANAGEMENT
• Increasing size and complexity of projects
• Increasing importance of financial controls
• Urgency of early completion
• Growing amount of statutory regulations
• Increased sophistication of technology
• Inability of managers and architects to
manage the things

26. BENEFITS OF PROJECT MANAGEMENT
• Clear description of work to be performed
• Responsibilities and assessment of tasks
• Time limit for task completion
• Measurement of accomplishment against
plans is possible
• Problems are exposed in advance allowing
corrective action
• Objective that cannot be met are identified
early

27. • Q & A Session