This document discusses the elements, processes, and classifications of project management. It defines a project and project management. It outlines the five main processes of project management: initiation, planning, implementation, controlling, and closing. It also lists 11 elements of project management. Finally, it categorizes projects based on several classifications such as scale, technology, ownership, location, needs, and more. The document was prepared by students at Bhavnagar University for their project management course.

1. Prepared by:
Jaypal Chavda
Nikit Rajani
Jay Raval
Dept. of Business Admin., Bhavnagar University,
Bhavnagar.
Guided by:
Madhuri Ma’am
SUBMITTED TO:
Project Management Process
Element Of Project Management
Classification Of Project

2. Project
Management
Process

3. Project management
• Project
Project is a group of unique,
interrelated activities that are planned
and executed in a certain sequence
create a unique product and services,
within in a specific time frame.

4. • According to PMI,
A guide to the project
management body of knowledge , a
project is define as, “a temporary
endeavor undertaken to create a
unique product or services.”

5. Project management
A Project management is the
discipline of planning, organizing and
managing resources to bring abut the
completion of specific project goals
and objectives.

6. Definition of Project
management
According to PMI, “Project
management is the application of
knowledge, skills, techniques to
project activities in order to meet or
exceed stakeholder needs and
expectations.”

7. Project management process

8. Process of Project
management1. Initiation process
2. Planning process
• Core process
• Facilitating process

9. 3. Implementation process
A. Core process
B. Facilitating process
• Quality assurance
• Team development
• Information distribution
• Solicitation
• Vendor selection
• Contract administration

10. 4. Controlling process
5. Closing process

11. A good project team can be the
key to a successful project!

12. Elements of project management
1. Identification project
2. Technical & financial appraisal of the project
3. Economic or socio-economic appraisal of the
project.
• Prepare cost/benefits analysis
• Prepare report

13. 4. Proper formulation of project
5. Plan for implementation of the project
6. Monitoring the implementation
7. Feedback and revision of objectives
8. Control action
9. Government regulation
Elements of project management

14. 10.Manage staff
11.Manage client relationship
12.Evaluation
Elements of project management

15. CLASSIFICATION
OF
PROJECT

16. National project
It just as Indian companies or Govt. invite
collaboration from foreign country
companies to step up plan in India.

17. International Project
 The project set up by large industrial
houses or government undertaking in
other countries are known as
international projects.

18. • Solar project
• Educational project
• Irrigation project
Non Industrial Project

19. Industrial Project
Wind farm project by
Suzlon

20. Project based on technology
• High technology
• Conventional technology
• Low technology

21. Project based on high technology

22. Project based on conventional
technology

23. Project based on low technology

24. Project based on size
• Large scale project
• Medium scale project
• Small scale project

25. LARGE
PROJECT
LOW
PROJECT
MEDIUM
PROJECT

26. Project Based On Ownership
• Public Sector
• Private sector project
• Joint Sector Project

27. Public Sector
Project
Private Sector
Project
Joint Sector
Project
Ghogha-Dahej roll-on roll-off
(RoRo) ferry service project

28. Infrastructure project

29. Need based projects
• Modernization project
• Expansion project
• Replacement project
• Diversification project
• Plant relocation project

30. It is undertaken with the
objective of improvement
in plant process by new
techniques.
To remain competitive and
produce at reasonable
price, the company can not
afford to continue with
obsolete technology
Modernization project

31. Expansion project
Konaseema
Gas
Power plans

32. Replacement project
Oil and Natural Gas Corporation

33. Diversification project

34. Plant relocation project

35. Jay Raval

36. • Thankur’s MBA 2nd semester edition about
project management
• http://en.wikipedia.org/wiki/Project_managemen
t_process
• http://www.moneycontrol.com/stocksmarketsind
ia/
Bibliography