This presentation covers in details Essentials of Project Management. Prepared by QBI Institute which is known for IT Business Analyst, Project Management Trainings.
Contact us on 91-9810055734 and director@qbi.in or at qbiworld@gmail.com
The presentation describes approaches how to effectively check project health. Whether as an audit or as a proactive method to mitigate risk of project failure.
The presentation describes approaches how to effectively check project health. Whether as an audit or as a proactive method to mitigate risk of project failure.
Earned value management is a project management technique for measuring project performance and progress. It has the ability to combine measurements of the project management triangle:
Scope
Schedule, and
Costs
In a single integrated system, Earned Value Management is able to provide accurate forecasts of project performance problems, which is an important contribution for project management.
Early EVM research showed that the areas of planning and control are significantly impacted by its use; and similarly, using the methodology improves both scope definition as well as the analysis of overall project performance. More recent research studies have shown that the principles of EVM are positive predictors of project success.[1] Popularity of EVM has grown in recent years beyond government contracting, in which sector its importance continues to rise[2] (e.g., recent new DFARS rules[3]), in part because EVM can also surface in and help substantiate contract disputes.[4]
Essential features of any EVM implementation include
a project plan that identifies work to be accomplished,
a valuation of planned work, called Planned Value (PV) or Budgeted Cost of Work Scheduled (BCWS), and
pre-defined “earning rules” (also called metrics) to quantify the accomplishment of work, called Earned Value (EV) or Budgeted Cost of Work Performed (BCWP).
EVM implementations for large or complex projects include many more features, such as indicators and forecasts of cost performance (over budget or under budget) and schedule performance (behind schedule or ahead of schedule). However, the most basic requirement of an EVM system is that it quantifies progress using PV and EV
Earned value management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress.
It is a commonly used method of performance measurement for projects.
It integrates the scope baseline with the cost baseline, along with the schedule baseline, to form the performance baseline, which helps the project management team assess and measure project performance and progress
By Er.Nikhil Raj, Senior Planning Enginner, Navig Solution Pvt Ltd
Program and Project Financial Management in Project OnlineMike Otranto
How do you combine the power of Microsoft Project Online and it’s leading project and portfolio management capabilities with the comprehensive financial best practices of a leading financial management technology provider? OnePlan’s Financial Planner is a Project Server/Online add in that seamlessly extends the Microsoft Project Online to enable full financial management and capital budgeting controls such as cost categorization, scenario modeling, cost rollups, cost analytics and forecasting.
Join this webinar to learn how OnePlan Financial Planner for Project Online enables the follow capabilities:.
Full integration with Microsoft Project Online ribbon controls- view
Financial visibility across multiple portfolios
Financial planner with flexible cost category structure
Financial impact analyzer
Financial Reporting
COEPD - Center of Excellence for Professional Development is a primarily a Business Analyst Training Institute in the IT industry of India head quartered at Hyderabad. COEPD is expert in Business Analyst Training in Hyderabad, Chennai, Pune , Mumbai & Vizag. We offer Business Analyst Training with affordable prices that fit your needs.
COEPD conducts 4-day workshops throughout the year for all participants in various locations i.e. Hyderabad, Pune. The workshops are also conducted on Saturdays and Sundays for the convenience of working professionals.
For More Details Please Contact us:
Visit at http://www.coepd.com or http://www.facebook.com/BusinessAnalystTraining
Center of Excellence for Professional Development
3rd Floor, Sahithi Arcade, S R Nagar,
Hyderabad 500 038, India.
Ph# +91 9000155700,
helpdesk@coepd.com
An Introduction to Project Management Krishna Kant
I have tried to present here a brief introduction of project management for the people who wish to get the flavor of project management and what it takes to be a successful project manager.
I have used these slides for the various project management sessions that I have conducted in different forums. And I hope this will help you to understand or re-cap your project management principles.
Project Management Office Roles Functions And BenefitsMaria Erland, PMP
Created to demonstrate how an organization can improve the delivery of project management services both internally and externally using best practices. A project management office, empowered to govern a project portfolio, including the prioritization process that selects projects for the portfolio, can demonstrate measurable benefits by implementing a project management office using best practices. This presentation explains the roles, functions and benefits of such an office.
Earned value management is a project management technique for measuring project performance and progress. It has the ability to combine measurements of the project management triangle:
Scope
Schedule, and
Costs
In a single integrated system, Earned Value Management is able to provide accurate forecasts of project performance problems, which is an important contribution for project management.
Early EVM research showed that the areas of planning and control are significantly impacted by its use; and similarly, using the methodology improves both scope definition as well as the analysis of overall project performance. More recent research studies have shown that the principles of EVM are positive predictors of project success.[1] Popularity of EVM has grown in recent years beyond government contracting, in which sector its importance continues to rise[2] (e.g., recent new DFARS rules[3]), in part because EVM can also surface in and help substantiate contract disputes.[4]
Essential features of any EVM implementation include
a project plan that identifies work to be accomplished,
a valuation of planned work, called Planned Value (PV) or Budgeted Cost of Work Scheduled (BCWS), and
pre-defined “earning rules” (also called metrics) to quantify the accomplishment of work, called Earned Value (EV) or Budgeted Cost of Work Performed (BCWP).
EVM implementations for large or complex projects include many more features, such as indicators and forecasts of cost performance (over budget or under budget) and schedule performance (behind schedule or ahead of schedule). However, the most basic requirement of an EVM system is that it quantifies progress using PV and EV
Earned value management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress.
It is a commonly used method of performance measurement for projects.
It integrates the scope baseline with the cost baseline, along with the schedule baseline, to form the performance baseline, which helps the project management team assess and measure project performance and progress
By Er.Nikhil Raj, Senior Planning Enginner, Navig Solution Pvt Ltd
Program and Project Financial Management in Project OnlineMike Otranto
How do you combine the power of Microsoft Project Online and it’s leading project and portfolio management capabilities with the comprehensive financial best practices of a leading financial management technology provider? OnePlan’s Financial Planner is a Project Server/Online add in that seamlessly extends the Microsoft Project Online to enable full financial management and capital budgeting controls such as cost categorization, scenario modeling, cost rollups, cost analytics and forecasting.
Join this webinar to learn how OnePlan Financial Planner for Project Online enables the follow capabilities:.
Full integration with Microsoft Project Online ribbon controls- view
Financial visibility across multiple portfolios
Financial planner with flexible cost category structure
Financial impact analyzer
Financial Reporting
COEPD - Center of Excellence for Professional Development is a primarily a Business Analyst Training Institute in the IT industry of India head quartered at Hyderabad. COEPD is expert in Business Analyst Training in Hyderabad, Chennai, Pune , Mumbai & Vizag. We offer Business Analyst Training with affordable prices that fit your needs.
COEPD conducts 4-day workshops throughout the year for all participants in various locations i.e. Hyderabad, Pune. The workshops are also conducted on Saturdays and Sundays for the convenience of working professionals.
For More Details Please Contact us:
Visit at http://www.coepd.com or http://www.facebook.com/BusinessAnalystTraining
Center of Excellence for Professional Development
3rd Floor, Sahithi Arcade, S R Nagar,
Hyderabad 500 038, India.
Ph# +91 9000155700,
helpdesk@coepd.com
An Introduction to Project Management Krishna Kant
I have tried to present here a brief introduction of project management for the people who wish to get the flavor of project management and what it takes to be a successful project manager.
I have used these slides for the various project management sessions that I have conducted in different forums. And I hope this will help you to understand or re-cap your project management principles.
Project Management Office Roles Functions And BenefitsMaria Erland, PMP
Created to demonstrate how an organization can improve the delivery of project management services both internally and externally using best practices. A project management office, empowered to govern a project portfolio, including the prioritization process that selects projects for the portfolio, can demonstrate measurable benefits by implementing a project management office using best practices. This presentation explains the roles, functions and benefits of such an office.
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This presentation has been prepared by Mr Ashutosh Pandey Deputy Dean at QBI Institute. The presentation covers Neoro Lingustic Programming and its applicability for IT Professionals.
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Value Management concentrates on the actual needs of the user to focus its resources. It is different to cost-cutting exercises, which achieve economies by using less or cheaper materials.
The Value Management approach involves the use of creative techniques, combined with the latest technical information on materials and construction methods.
Beyond Budget and Scope: Managing Client Expectations and Delivering ValueVanessa Turke
Many projects begin with by ambiguous needs, unclear priorities, mind-changing customers, and of course, a tight deadline. There are tools to monitor budget and schedule, but failure to manage client expectations often results in frustrating miscommunications and serious consequences for projects and business relationships.
Project Plan Development - A FlackVentures Training ExampleKate Pynn
Project planning is the construction of a dynamic agreement across diverse functional groups involved in a project. This agreement specifies:
Goals and deliverables of the project
What is being developed
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The assumptions that were made
Major risks, as they become known
12 Terms You Should Know | Project Management Fundamentals
12 key terms that we think everyone should know (from beginners to experts)
12 key project management terms that she thinks everyone involved with projects should know. No longer get confused when confronted with unfamiliar terms
#projectmanagement #terms #tips #Tamdeed
Preparing Professional (Requirement) Documents Using MS WordQBI Institute
Business Analysts, Business Consultants, Business Managers have to prepare Professional Requirement Documents.
This presentation equips professionals with requisite MS Word Skills,
Here You Learn
How to Use Out Line View (For Table of Content and Autonumbering)
How to Use Navigation Pane
How to Insert Cover Page and Back Page
How to Manage Page Numbers
How to Manage Chapters in your Document
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Sally the BA is assigned the Project Part IQBI Institute
This series is produced by Vijay S Shukla Director at QBI Institute. The purpose of this series is to learn the IT Business Analyst Job through easy to understatnd conversations.
This presentation covers competencies of a Business Analyst as mentioned in BABOK V 2.0 . These competencies are Analytical Thinking and Problem Solving, Behaviroal Characteristics, Business Knowledge, Communication Skills, Interaction Skills, Software Applications
This is presentation about Unified Modelling Language which is not the Lingua Franca of the Business Analyst Profession. Business Analysts, Business Systems Analysts, Subject Matter Experts need to master the art and science of UML to succeed in todays agile world of Information Technology. QBI Institute provides IT Business Analyst Programs. QBI professionals are known for their UML expertise
IT Business Analyst Certification Program - Distance LearningQBI Institute
This is presentation about IT Business Analyst Certification program from QBI Institute. This Program is delivered via a Live Web Based Classroom. Working Professionals are welcome to join this program from any where on the globe.
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Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
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for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
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This will be used as part of your Personal Professional Portfolio once graded.
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Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
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2. About the trainer
The trainer, Mr. Ashutosh ShriPrakash Pandey has 14
plus years of rich national and international experience
in MNCs & Indian Companies, encompassing the entire
gamut of HR Function, issues concerning M&A,
Organisational culture & OD interventions etc.
To his credit are several successful projects where his
involvement was in areas like Delivery Management,
People Management, Client Engagement, Quality
Management (CMM LV Initiatives etc). His contributions
have been acknowledged by his employers in form of
several top awards.
3. Agenda
In this curtain raiser session, we will discuss the following:-
What is Project Management
5 Key Areas of Project Management
9 Knowledge Areas of Project Management
3 Project Constraints & Their Management
Software Projects Life Cycles, Important issues, Plan
Software Project (modified Waterfall) model
Resource Utilization On the Projects
Summary; followed by Q&A & assessment
http://qbi.in/Registration/Project-Management-Test.aspx
5. What Is a Project?
“A temporary endeavor undertaken to
create a unique product or service.”*
Ter m Mean s t h at a Pr o j ect
tem porary Has a beginning and end
endeavor Involves effort, work
to create Has an intention to produce som ething
(project "deliverables")
unique One of a kind, rather than a collection of
identical item s
product Tangible objects, but could include things like
com puter software, film or stage works
service Might include the establishm ent of a call
center, for instance, but not its daily
operations.
6. What Is Project Management?
There are few if any definitive definitions.
Project management knowledge is a basic understanding
of what it takes to Deliver products and services effectively.
The definition should evolve and continuously improve with
the knowledge And experience gained while collaboration
on projects.
7. What Is Project Management?
Project management is the application of knowledge, skills, tools, and
techniques to project activities to meet project requirements. Project
management is accomplished through the use of the following 5 processes:
•Initiation
•Planning
•Execution
•Controlling and
•Closure
8.
9. The term “project management” is sometimes
used to describe an organizational approach
to the management of ongoing operations.
This approach treats many aspects of ongoing
operations as projects to apply project
management techniques to them.
10. Nine Project Management Knowledge Areas
The Project Management Knowledge
Areas describe project management
knowledge and practice in terms of the
various component processes. These
processes have been organized into nine
knowledge areas, as described further…
11. Nine Project Management Knowledge Areas
1. Integration Management
2. Scope Management
3. Time Management
4. Cost Management
5. Quality Management
6. Human Resource Management
7. Communications Management
8. Risk Management
9. Procurement Management
12. #1—Project Integration Management
• Bringing it All Together:
– Building the Project Plan
– Project Execution
– Integrated Change Control
• Project Management “Nerve Center” – The
place where all project management activities
take place
13. #2—Project Scope Management
• Staying Vigilant in Defining and Containing
Scope throughout the Project
– Project Initiation
– Scope Planning
– Scope Definition
– Scope Verification
– Scope Change Control
14. #3—Project Time Management
• Determining What Gets Done and When
through:
– Activity Definition
– Activity Sequencing
– Activity Duration Estimating
– Schedule Development
– Schedule Control
15. #4—Project Cost Management
• Planning for Resources
•
•
Estimating Costs
Creating the Budget
• Managing/Controlling
the Budget
20. #9—Project Procurement Management
For Projects Using Outside Resources:
– Procurement Planning
– Solicitation Planning
– Solicitation
RFP’s
– Source Selection
R
– Contract Administration
Us! !
– Contract Closeout
21. Where to Begin?
Look back over your previous project experiences.
Chances are, you’ve used a little of each of these
nine areas already.
The various bodies concerned with PM merely
codify these and attempt to give us a framework
for understanding and applying project
management knowledge productively.
22. Your Turn: What We Know Already
• Look back over your previous experience in
project management
• How many of the nine knowledge areas did
you use? (Probably all nine!)
• Take a quick inventory and point to your most
successful application use of that knowledge
area.
• Pick up at least one new tip from others right
now!
25. Triple Constraint Trade-Offs
Ti m e Cost
Quality/Scope
Co n st r ai n t Req u i r ed Ad j u st m en t Al t er n at i ves (On e o r
Ch an g e Co m b i n at i o n o f Bo t h )
Shorter Tim e Higher Cost Reduced Quality or Narrowed
Scope
Reduced Cost More Tim e Reduced Quality or Narrowed
Scope
Higher Quality or More Tim e Higher Cost
Increased Scope
26. Triple Constraint: Setting Priorities
Pr i o r i t y Mat r i x
Co n st r ai n t 1 2 3 Measu r em en t
Tim e
Cost
Quality/ Scope
•Must be set by customer and sponsor near startup.
•May change over time, but a change is a significant event!
Ex am p l e o f a Co m p l e t e d Pr i o r i t y Mat r i x f o r a Co n st r u ct i o n Pr o j e ct
Co n st r ai n t 1 2 3 Measu r em en t
Building m ust be com pleted by
Tim e X October 31 of this year to
accom m odate corporate m ove.
Costs for the project m ust not
Cost X ex ceed INR 22.5 m illion.
Must provide workspace for 120 call
Quality/ Scope X center staff.
If these are the established priorities and measurements, what are
some of the implications for the project if the project starts running late
or shows signs of exceeding budget?
32. The takeaways!
• Define PM
• Why PM is gaining much importance day-by-
day
• THREE most imp factors affecting PM
• Managing these using the NINE PM
areas/techniques
• Define Project Life Cycle in S/W, its iterative
nature, imp issues, model & modified
waterfall model
Editor's Notes
AKA “the triple constraint,” conventional PM wisdom has it that gains on one side of the triangle usually require making concessions on the other two sides. This is generally true, unless it’s possible to improve the delivery process.
In addition to selecting a lifecycle approach for the project, you will also need to identify the one or two best engineering methodologies for project technical personnel to use. Typically, you select the engineering methodology concurrent with, or subsequent to, selecting the lifecycle method. This is done at the very beginning of the planning phase because the engineering methods can have a significant impact on the character of the activities detailed in the project plan. As with selecting the best lifecycle for the project, selecting the best engineering methodology is something that you should revisit regularly as the project unfolds. Especially on multiyear projects, you may occasionally find that the engineering method best suited to last year’s development efforts is not the best method for this year’s efforts. Hence, as the needs of the project shift, you will want to examine regularly the efficiency and effectiveness of the software engineering methodology.