SlideShare a Scribd company logo
AN ENTERPRISE CAREFULLY PLANNED TO
ACHIEVE A PARTICULAR AIM
A PROPOSED PLANNED UNDERTAKING
PROPOSED PLAN OF ACTION
INTEGRATION OF 5 M’s
MEN
MATERIAL
MONEY
MACHINES
METHOD
CONSTRAINTS OF A PROJECT
KEY FOCUS
PLAN
DO
CHECK
ACT
In project management, the term scope has two distinct uses:
• Project Scope
• Product Scope.
Scope involve getting information required to start a project, and the features the product
would have that would meet its stakeholders requirements.
Project Scope
"The work that needs to be accomplished to deliver a product, service, or result with the
specified features and functions."
Product Scope
"The features and functions that characterize a product, service, or result."
Project Scope is more work-oriented, (the how’s)
while Product Scope is more oriented towards functional requirements. (the what’s)
Creating the WBS: subdividing the major project deliverables into
smaller, more manageable components
Validating scope: formalizing acceptance of the project deliverables
Controlling scope: controlling changes to project scope throughout the life of the
project
* WBS- WORK BREAKDOWN STRUCTURE
• Product scope can be defined as the features or characteristics
of a product itself.
• Whether considering design, function or component parts,
the key point is that product scope refers to the actual tangible product.
• In the case of a good, questions of product scope would address how it works, how it
is physically made and how it can be improved in future iterations.
• Product scope does not have to refer to goods, Services or other forms of output can
also be products as long as their production is the end goal of a process.
• In the case of a service, product scope focuses on the actual tasks and responsibilities
of the personnel delivering the service.
Civil Engineering,
Construction,
Petrochemical,
Mining, and
Quarrying Manufacturing
Projects
Management
Projects
Civil Engineering, Construction, Petrochemical, Mining, and
Quarrying
• Projects in this category are those which spring to mind most readily whenever industrial
projects are mentioned.
• Once common feature is that the fulfilment phase must be conducted on a site that is
exposed to the elements, and usually remote from the contractor's main office.
• These projects incur special risks and problems of organization.
• They often require massive capital investment, and they deserve (but do not always get)
rigorous management of progress, finance, and quality.
• For very large industrial projects the funding and resources needed are often too great for
one contractor to risk or even find.
• The organization and communications are therefore likely to be complicated by the
participation of many different specialists and contractors, with the main players possibly
acting together as a consortium or joint venture company.
Manufacturing Projects
• Manufacturing projects aim to produce a piece of equipment or machinery, ship, aircraft,
land vehicle or some other item of specially designed hardware.
• The finished product might be purpose-built for a single customer, or the project could be
generated and funded from within a company for the design and development of a new
product intended for subsequent manufacture and sale in quantity.
• Manufacturing projects are usually conducted in a factory or other home-based
environment, where the company should be able to exercise on-the-spot management and
provide an optimum environment.
• Of course, these ideal conditions do not always apply.
• Some manufacturing projects can involve work away from the home base, for example in
installation, commissioning and start-up, initial customer training and subsequent service
and maintenance.
• More difficult is the case of a complex product (such as an aircraft) that is developed and
manufactured by a consortium of companies, very possibly overlapping international
borders, with all the consequent problems of risk, contractual difficulties, communication,
coordination, and control.
Management Projects
• This class of projects proves the point that every company, whatever its size, can expect to
need project management expertise at least once in its lifetime.
• These are the projects that arise when companies relocate their headquarters, develop and
introduce a new computer system, launch a marketing campaign, prepare for a trade
exhibition, produce feasibility or other study report, restructure the organization, mount a
stage show, or generally engage in any operation that involves the management and co-
ordination of activities to produce an end result that is not identifiable principally as an item
of hardware or construction.
• Although management projects might not result in a visible, tangible creation, much often
depends on their successful outcome.
• There are well-known cases, for instance, where failure to implement a new computer system
correctly has caused serious operational breakdown and has exposed the managers
responsible to public discredit.
• Effective project management is at least as important for these projects as it is for the largest
construction or manufacturing project.
Generation and Screening of a project idea begins when someone with
specialized knowledge or expertise or some other competence feels that he
can offer a product or service
♦ Which can cater to a presently unmet need and demand
♦ To serve a market where demand exceeds supply
♦ Which can effectively compete with similar products or services due to its
better quality/price etc.
An organization has to identify investment opportunities which are feasible
and promising before taking a full fledged project analysis to know which
projects merit further examination and appraisal.
GENERATION OF PROJECT IDEA
MONITORING THE ENVIRONMENT
CORPORATE APPRAISAL
LOOKING FOR PROJECT IDEAS
PRELIMINARY SCREENING
PROJECT RATING INDEX
SOURCES OF POSITIVE NET PRESENT VALUE
ENTREPRENEUIRAL SKILLS
project management
project management
project management
project management
project management
project management
project management
project management
project management

More Related Content

What's hot

Project Management Tools and Techniques
Project Management Tools and TechniquesProject Management Tools and Techniques
Project Management Tools and Techniques
MaRS Discovery District
 
Project Management
Project ManagementProject Management
Project Management
ahmad bassiouny
 
Project management
Project managementProject management
Project management
Jay Raval
 
Smart project management - Best Practices to Manage Project effectively
Smart project management - Best Practices to Manage Project effectivelySmart project management - Best Practices to Manage Project effectively
Smart project management - Best Practices to Manage Project effectively
Chetan Khanzode
 
project management
project managementproject management
project management
Patrick McPartland, E.I.T.
 
PMP Lecture 3: Project Management Processes
PMP Lecture 3: Project Management ProcessesPMP Lecture 3: Project Management Processes
PMP Lecture 3: Project Management Processes
Mohamed Loey
 
06. Project Management Process Groups
06. Project Management Process Groups06. Project Management Process Groups
06. Project Management Process Groups
BhuWan Khadka
 
Introduction to Project Management
Introduction to Project ManagementIntroduction to Project Management
Introduction to Project Management
Kris Kimmerle
 
Introduce Project Management
Introduce Project ManagementIntroduce Project Management
Introduce Project Management
guest90bddb
 
PMP Lecture 4: Project Integration Management
PMP Lecture 4: Project Integration ManagementPMP Lecture 4: Project Integration Management
PMP Lecture 4: Project Integration Management
Mohamed Loey
 
Project Management and Process
Project Management and ProcessProject Management and Process
Project Management and Process
Muhammad Rehman
 
project management concepts
project management conceptsproject management concepts
project management concepts
Aswin prakash i , Xantus Technologies
 
Project Scope Management - PMBOK6
Project Scope Management - PMBOK6Project Scope Management - PMBOK6
Project Scope Management - PMBOK6
Agus Suhanto
 
PMP Lecture 1: Introduction to Project Management
PMP Lecture 1: Introduction to Project ManagementPMP Lecture 1: Introduction to Project Management
PMP Lecture 1: Introduction to Project Management
Mohamed Loey
 
Project Management
Project ManagementProject Management
Project Management
Hamdard University
 
An Introduction To Project Management
An Introduction To Project ManagementAn Introduction To Project Management
An Introduction To Project ManagementAshish Mittal
 
Project life cycle
Project life cycleProject life cycle
Project life cycle
Maryam Juma
 
Introduction to Project Management (workshop) - v.1
Introduction to Project Management (workshop) - v.1Introduction to Project Management (workshop) - v.1
Introduction to Project Management (workshop) - v.1
Mena M. Eissa
 
Project Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management ConceptsProject Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management ConceptsThink For A Change
 

What's hot (20)

Project Management Tools and Techniques
Project Management Tools and TechniquesProject Management Tools and Techniques
Project Management Tools and Techniques
 
Project Management
Project ManagementProject Management
Project Management
 
Project management
Project managementProject management
Project management
 
Smart project management - Best Practices to Manage Project effectively
Smart project management - Best Practices to Manage Project effectivelySmart project management - Best Practices to Manage Project effectively
Smart project management - Best Practices to Manage Project effectively
 
project management
project managementproject management
project management
 
PMP Lecture 3: Project Management Processes
PMP Lecture 3: Project Management ProcessesPMP Lecture 3: Project Management Processes
PMP Lecture 3: Project Management Processes
 
06. Project Management Process Groups
06. Project Management Process Groups06. Project Management Process Groups
06. Project Management Process Groups
 
Introduction to Project Management
Introduction to Project ManagementIntroduction to Project Management
Introduction to Project Management
 
Introduce Project Management
Introduce Project ManagementIntroduce Project Management
Introduce Project Management
 
Project quality management.ppt msm
Project quality management.ppt msmProject quality management.ppt msm
Project quality management.ppt msm
 
PMP Lecture 4: Project Integration Management
PMP Lecture 4: Project Integration ManagementPMP Lecture 4: Project Integration Management
PMP Lecture 4: Project Integration Management
 
Project Management and Process
Project Management and ProcessProject Management and Process
Project Management and Process
 
project management concepts
project management conceptsproject management concepts
project management concepts
 
Project Scope Management - PMBOK6
Project Scope Management - PMBOK6Project Scope Management - PMBOK6
Project Scope Management - PMBOK6
 
PMP Lecture 1: Introduction to Project Management
PMP Lecture 1: Introduction to Project ManagementPMP Lecture 1: Introduction to Project Management
PMP Lecture 1: Introduction to Project Management
 
Project Management
Project ManagementProject Management
Project Management
 
An Introduction To Project Management
An Introduction To Project ManagementAn Introduction To Project Management
An Introduction To Project Management
 
Project life cycle
Project life cycleProject life cycle
Project life cycle
 
Introduction to Project Management (workshop) - v.1
Introduction to Project Management (workshop) - v.1Introduction to Project Management (workshop) - v.1
Introduction to Project Management (workshop) - v.1
 
Project Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management ConceptsProject Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management Concepts
 

Viewers also liked

Product development
Product developmentProduct development
Product development
Rishabh Maity
 
New product development IDEA GENERATION AND IDEA SCREENING
New product development IDEA GENERATION AND IDEA SCREENING New product development IDEA GENERATION AND IDEA SCREENING
New product development IDEA GENERATION AND IDEA SCREENING
premjit2363
 
Utsav Mahendra : Generation and screening of project ideas
Utsav Mahendra : Generation and screening of project ideasUtsav Mahendra : Generation and screening of project ideas
Utsav Mahendra : Generation and screening of project ideasUtsav Mahendra
 
Generation of Project Idea
Generation of Project Idea Generation of Project Idea
Generation of Project Idea
Azam FA
 
LSS Idea Generation to Project Execution
LSS Idea Generation to Project ExecutionLSS Idea Generation to Project Execution
LSS Idea Generation to Project Execution
Anand Subramaniam
 
Project Management: Unit I - introduction
Project Management: Unit I - introductionProject Management: Unit I - introduction
Project Management: Unit I - introduction
Ghaith Al Darmaki
 
Project formulation and appraisal
Project formulation and appraisalProject formulation and appraisal
Project formulation and appraisal
Surya C D
 
New product development ppt slides
New product development ppt slidesNew product development ppt slides
New product development ppt slides
Yodhia Antariksa
 
Methodology For Formulation And Appraisal of a Project
Methodology For Formulation And Appraisal of a ProjectMethodology For Formulation And Appraisal of a Project
Methodology For Formulation And Appraisal of a Projectimrohan1
 
opportunity and idea generation
opportunity and idea generationopportunity and idea generation
opportunity and idea generationguptaaakansha
 
Creativity and innovation ppt mba
Creativity and innovation ppt  mbaCreativity and innovation ppt  mba
Creativity and innovation ppt mba
Babasab Patil
 
Creativity & innovation
Creativity & innovationCreativity & innovation
Creativity & innovation
Ledarskapscentrum
 
Load Distribution
Load DistributionLoad Distribution
Load Distribution
Arpit Gupta
 
New product devlopment ppt
New product devlopment pptNew product devlopment ppt
New product devlopment pptRameshwar Swami
 
new-product-development-process
new-product-development-processnew-product-development-process
new-product-development-processarunalapati
 

Viewers also liked (17)

NEW PRODUCT DEVELOPMENT
NEW PRODUCT DEVELOPMENTNEW PRODUCT DEVELOPMENT
NEW PRODUCT DEVELOPMENT
 
Product development
Product developmentProduct development
Product development
 
New product development IDEA GENERATION AND IDEA SCREENING
New product development IDEA GENERATION AND IDEA SCREENING New product development IDEA GENERATION AND IDEA SCREENING
New product development IDEA GENERATION AND IDEA SCREENING
 
Utsav Mahendra : Generation and screening of project ideas
Utsav Mahendra : Generation and screening of project ideasUtsav Mahendra : Generation and screening of project ideas
Utsav Mahendra : Generation and screening of project ideas
 
Generation of Project Idea
Generation of Project Idea Generation of Project Idea
Generation of Project Idea
 
LSS Idea Generation to Project Execution
LSS Idea Generation to Project ExecutionLSS Idea Generation to Project Execution
LSS Idea Generation to Project Execution
 
Project Management: Unit I - introduction
Project Management: Unit I - introductionProject Management: Unit I - introduction
Project Management: Unit I - introduction
 
Project formulation and appraisal
Project formulation and appraisalProject formulation and appraisal
Project formulation and appraisal
 
New product development ppt slides
New product development ppt slidesNew product development ppt slides
New product development ppt slides
 
Methodology For Formulation And Appraisal of a Project
Methodology For Formulation And Appraisal of a ProjectMethodology For Formulation And Appraisal of a Project
Methodology For Formulation And Appraisal of a Project
 
Idea[1]generation.ppt
Idea[1]generation.pptIdea[1]generation.ppt
Idea[1]generation.ppt
 
opportunity and idea generation
opportunity and idea generationopportunity and idea generation
opportunity and idea generation
 
Creativity and innovation ppt mba
Creativity and innovation ppt  mbaCreativity and innovation ppt  mba
Creativity and innovation ppt mba
 
Creativity & innovation
Creativity & innovationCreativity & innovation
Creativity & innovation
 
Load Distribution
Load DistributionLoad Distribution
Load Distribution
 
New product devlopment ppt
New product devlopment pptNew product devlopment ppt
New product devlopment ppt
 
new-product-development-process
new-product-development-processnew-product-development-process
new-product-development-process
 

Similar to project management

New Microsoft PowerPoint Presentation (3).pptx
New Microsoft PowerPoint Presentation (3).pptxNew Microsoft PowerPoint Presentation (3).pptx
New Microsoft PowerPoint Presentation (3).pptx
PawanNegi39
 
Session 2 mod 2 proj mgt
Session 2 mod 2 proj mgtSession 2 mod 2 proj mgt
Session 2 mod 2 proj mgt
Himani Maheshwari
 
PME UNIT-3.pptx
PME UNIT-3.pptxPME UNIT-3.pptx
PME UNIT-3.pptx
MayankVasisthGandhi
 
PROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENT
PROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENTPROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENT
PROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENT
Asia Master Training آسيا ماسترز للتدريب والتطوير
 
Episode 21 : Project Scope Management
Episode 21 :  Project Scope ManagementEpisode 21 :  Project Scope Management
Episode 21 : Project Scope Management
SAJJAD KHUDHUR ABBAS
 
GAFM Academy HOW TO START A PROJECT
GAFM Academy HOW TO START A PROJECTGAFM Academy HOW TO START A PROJECT
2. Project identification.ppt
2. Project identification.ppt2. Project identification.ppt
2. Project identification.ppt
PedadaSaikumar
 
Business case writing presentation
Business case writing presentationBusiness case writing presentation
Business case writing presentation
Prof. Dimitrios P. Kamsaris PhD
 
MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1
MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1
MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1
Kamalnath Variar,PMP®
 
Types of project
Types of projectTypes of project
Types of project
MUHAMMAD NAWAZ
 
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...Online PMP Training Material for PMP Exam - Integration Management Knowledge ...
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...
GlobalSkillup
 
Project Mgt.- (Mod)..ppt
Project Mgt.- (Mod)..pptProject Mgt.- (Mod)..ppt
Project Mgt.- (Mod)..ppt
ParthaPratimPal12
 
Chapter 1.pptx
Chapter 1.pptxChapter 1.pptx
Chapter 1.pptx
AbdiqadirOsman
 
Project success
Project successProject success
Project success
VARUN BABUNELSON
 
Software engineering by Dr. vishnu sharma
Software engineering by Dr. vishnu sharmaSoftware engineering by Dr. vishnu sharma
Software engineering by Dr. vishnu sharma
Vishnu Sharma
 
SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02
SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02
SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02Durga Prasad Mishra
 
SPM_Project definition steps and description
SPM_Project definition steps and descriptionSPM_Project definition steps and description
SPM_Project definition steps and description
aruldanica2508
 
Measuring project success
Measuring project successMeasuring project success
Measuring project success
Prozen Global, Calgary Canada
 

Similar to project management (20)

New Microsoft PowerPoint Presentation (3).pptx
New Microsoft PowerPoint Presentation (3).pptxNew Microsoft PowerPoint Presentation (3).pptx
New Microsoft PowerPoint Presentation (3).pptx
 
Session 2 mod 2 proj mgt
Session 2 mod 2 proj mgtSession 2 mod 2 proj mgt
Session 2 mod 2 proj mgt
 
PME UNIT-3.pptx
PME UNIT-3.pptxPME UNIT-3.pptx
PME UNIT-3.pptx
 
PROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENT
PROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENTPROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENT
PROJECT MANAGEMENT OFFICE (PMO) SETTING UP AND MANAGEMENT
 
Episode 21 : Project Scope Management
Episode 21 :  Project Scope ManagementEpisode 21 :  Project Scope Management
Episode 21 : Project Scope Management
 
GAFM Academy HOW TO START A PROJECT
GAFM Academy HOW TO START A PROJECTGAFM Academy HOW TO START A PROJECT
GAFM Academy HOW TO START A PROJECT
 
2. Project identification.ppt
2. Project identification.ppt2. Project identification.ppt
2. Project identification.ppt
 
Business case writing presentation
Business case writing presentationBusiness case writing presentation
Business case writing presentation
 
MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1
MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1
MY NOTES ON PROJECT MANAGEMENT (PMP EXAM PREP)-1
 
Types of project
Types of projectTypes of project
Types of project
 
Ibm projectmgmt-1
Ibm  projectmgmt-1Ibm  projectmgmt-1
Ibm projectmgmt-1
 
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...Online PMP Training Material for PMP Exam - Integration Management Knowledge ...
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...
 
Project Mgt.- (Mod)..ppt
Project Mgt.- (Mod)..pptProject Mgt.- (Mod)..ppt
Project Mgt.- (Mod)..ppt
 
Chapter 1.pptx
Chapter 1.pptxChapter 1.pptx
Chapter 1.pptx
 
Project success
Project successProject success
Project success
 
Software engineering by Dr. vishnu sharma
Software engineering by Dr. vishnu sharmaSoftware engineering by Dr. vishnu sharma
Software engineering by Dr. vishnu sharma
 
SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02
SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02
SYSTEM LIFE CYCLE_DurgaPrasad_TA Assignemnt 02
 
SPM_Project definition steps and description
SPM_Project definition steps and descriptionSPM_Project definition steps and description
SPM_Project definition steps and description
 
57086 01 introduction
57086 01 introduction57086 01 introduction
57086 01 introduction
 
Measuring project success
Measuring project successMeasuring project success
Measuring project success
 

Recently uploaded

Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
YourLegal Accounting
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Lookback Analysis
Lookback AnalysisLookback Analysis
Lookback Analysis
Safe PaaS
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Arihant Webtech Pvt. Ltd
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 

Recently uploaded (20)

Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Lookback Analysis
Lookback AnalysisLookback Analysis
Lookback Analysis
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 

project management

  • 1.
  • 2.
  • 3. AN ENTERPRISE CAREFULLY PLANNED TO ACHIEVE A PARTICULAR AIM A PROPOSED PLANNED UNDERTAKING PROPOSED PLAN OF ACTION INTEGRATION OF 5 M’s MEN MATERIAL MONEY MACHINES METHOD
  • 6.
  • 7.
  • 8. In project management, the term scope has two distinct uses: • Project Scope • Product Scope. Scope involve getting information required to start a project, and the features the product would have that would meet its stakeholders requirements. Project Scope "The work that needs to be accomplished to deliver a product, service, or result with the specified features and functions." Product Scope "The features and functions that characterize a product, service, or result." Project Scope is more work-oriented, (the how’s) while Product Scope is more oriented towards functional requirements. (the what’s)
  • 9.
  • 10.
  • 11. Creating the WBS: subdividing the major project deliverables into smaller, more manageable components Validating scope: formalizing acceptance of the project deliverables Controlling scope: controlling changes to project scope throughout the life of the project * WBS- WORK BREAKDOWN STRUCTURE
  • 12. • Product scope can be defined as the features or characteristics of a product itself. • Whether considering design, function or component parts, the key point is that product scope refers to the actual tangible product. • In the case of a good, questions of product scope would address how it works, how it is physically made and how it can be improved in future iterations. • Product scope does not have to refer to goods, Services or other forms of output can also be products as long as their production is the end goal of a process. • In the case of a service, product scope focuses on the actual tasks and responsibilities of the personnel delivering the service.
  • 13.
  • 14.
  • 15. Civil Engineering, Construction, Petrochemical, Mining, and Quarrying Manufacturing Projects Management Projects
  • 16. Civil Engineering, Construction, Petrochemical, Mining, and Quarrying • Projects in this category are those which spring to mind most readily whenever industrial projects are mentioned. • Once common feature is that the fulfilment phase must be conducted on a site that is exposed to the elements, and usually remote from the contractor's main office. • These projects incur special risks and problems of organization. • They often require massive capital investment, and they deserve (but do not always get) rigorous management of progress, finance, and quality. • For very large industrial projects the funding and resources needed are often too great for one contractor to risk or even find. • The organization and communications are therefore likely to be complicated by the participation of many different specialists and contractors, with the main players possibly acting together as a consortium or joint venture company.
  • 17. Manufacturing Projects • Manufacturing projects aim to produce a piece of equipment or machinery, ship, aircraft, land vehicle or some other item of specially designed hardware. • The finished product might be purpose-built for a single customer, or the project could be generated and funded from within a company for the design and development of a new product intended for subsequent manufacture and sale in quantity. • Manufacturing projects are usually conducted in a factory or other home-based environment, where the company should be able to exercise on-the-spot management and provide an optimum environment. • Of course, these ideal conditions do not always apply. • Some manufacturing projects can involve work away from the home base, for example in installation, commissioning and start-up, initial customer training and subsequent service and maintenance. • More difficult is the case of a complex product (such as an aircraft) that is developed and manufactured by a consortium of companies, very possibly overlapping international borders, with all the consequent problems of risk, contractual difficulties, communication, coordination, and control.
  • 18. Management Projects • This class of projects proves the point that every company, whatever its size, can expect to need project management expertise at least once in its lifetime. • These are the projects that arise when companies relocate their headquarters, develop and introduce a new computer system, launch a marketing campaign, prepare for a trade exhibition, produce feasibility or other study report, restructure the organization, mount a stage show, or generally engage in any operation that involves the management and co- ordination of activities to produce an end result that is not identifiable principally as an item of hardware or construction. • Although management projects might not result in a visible, tangible creation, much often depends on their successful outcome. • There are well-known cases, for instance, where failure to implement a new computer system correctly has caused serious operational breakdown and has exposed the managers responsible to public discredit. • Effective project management is at least as important for these projects as it is for the largest construction or manufacturing project.
  • 19.
  • 20. Generation and Screening of a project idea begins when someone with specialized knowledge or expertise or some other competence feels that he can offer a product or service ♦ Which can cater to a presently unmet need and demand ♦ To serve a market where demand exceeds supply ♦ Which can effectively compete with similar products or services due to its better quality/price etc. An organization has to identify investment opportunities which are feasible and promising before taking a full fledged project analysis to know which projects merit further examination and appraisal.
  • 21. GENERATION OF PROJECT IDEA MONITORING THE ENVIRONMENT CORPORATE APPRAISAL LOOKING FOR PROJECT IDEAS PRELIMINARY SCREENING PROJECT RATING INDEX SOURCES OF POSITIVE NET PRESENT VALUE ENTREPRENEUIRAL SKILLS