The document discusses the key characteristics and concepts of project management. It defines a project as having a start and end time, creating or improving something new, and being temporary in nature. Projects are performed by people and teams, constrained by resources and schedules, and involve initiation, planning, execution, and closure phases. Effective project management considers the objectives, audience, outcomes, elements, timeframe, budget, and sponsor of the project. Projects must balance the triple constraints of cost, time, and scope or quality. Project lifecycles can include waterfall, circular, or personal approaches. Stakeholders include the project manager, team, management, clients, and other supporting individuals and organizations.
2. Characteristics of a Project
(1 of 2)
Includes a start and end time.
Creates something new or
fixes/improves something that
already exists.
Proposes and supports temporary
change.
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3. Characteristics of a Project
(2 of 2)
Performed by people and teams.
Constrained by resources or
budget or schedule.
Monitored and controlled.
Initiated, planned, executed, and
closed.
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5. Project Management Basics
Before developing a project,
consider:
1. What is the objective?
2. Who is the audience?
3. What is the desired outcome?
4. What are the key elements of the
project?
5. What is the timeframe?
6. Is there a budget?
7. Who is the sponsor?
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6. The Challenge of a Project
“The Triple Constraint”
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Cost
Time Scope/Quality
Project
Relationships
8. Stakeholders (3 of 4)
Sample Web of Influence
PM
Projects Team
Support
Functional
managers
Support
Project
managers
Project
sponsors
Senior
management
Clients
Industry
organizations
Government
agencies
Contractors
9. Download “Project Management”
PowerPoint presentation
at ReadySetPresent.com
Slides include: the 7 characteristics of a project, the
difference between projects, programs, and
processes, 10 communication tips, 9 project
management knowledge areas, 7 steps for the project
management process, 4 stages of project lifecycles, 3
types of lifecycles, 7 points on stakeholders, 6 slides
on organization structures, 5 slides on making virtual
teams real, 14 slides on requirements, 7 slides on
scheduling and estimating time, 5 checklist slides,
how to's and much more.
Royalty Free - Use Them Over and Over Again.
Now: more content, graphics, and diagrams
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10. Download “Project Management”
PowerPoint presentation
at ReadySetPresent.com
Slides include: the 7 characteristics of a project, the
difference between projects, programs, and
processes, 10 communication tips, 9 project
management knowledge areas, 7 steps for the project
management process, 4 stages of project lifecycles, 3
types of lifecycles, 7 points on stakeholders, 6 slides
on organization structures, 5 slides on making virtual
teams real, 14 slides on requirements, 7 slides on
scheduling and estimating time, 5 checklist slides,
how to's and much more.
Royalty Free - Use Them Over and Over Again.
Now: more content, graphics, and diagrams
www.readysetpresent.com Page 9
Editor's Notes
Note: Triple constraint is frequently represented by a triangle – because there are 3 sides in a triangle.
Note: Good External and Internal working relationship as the project is being run is equally important, so that if there is a next version, people will want to continue working on it and funding the project.
Triple Constraints are: Cost, Time, Scope/Quality – There must be a balance of all three that is appropriate for the project – yet one leads.
For example: life saving medical device – quality and scope must be the leader. A competitor that wants to be first to market, time might be the leader. A small company with a limited budget doing version 8, might put the cost as the leader of the project.
Sometime Quality is considered a fourth constraint and sometimes it is lumped in with Scope.
These are all the people/groups/team that will help or hinder a projects success.
All of these name/groups/teams are inputs into a communication plan.
The joke here is that you can tell if someone is optimistic or pessimistic – with the “you” in the center red circle – do they see that as a target – bull’s eye or a center of helpful support?