This document outlines 10 principles for project management life cycles including figuring out business requirements, putting requirements under version control, preparing reasonable plans, building good teams, tracking status, using baseline controls, documenting important information, testing before deployment, ensuring customer satisfaction, and being proactively. It also discusses the role of a project manager in planning, budgeting, financing, procuring, implementing, controlling and terminating a project. Key responsibilities include acquiring resources, dealing with obstacles, making decisions, motivating teams, negotiating with clients, and resolving conflicts. Successful project managers have technical skills, leadership skills, sensitivity, credibility and an effective leadership style. Common project team problems include cultural differences, matrix team structures, and intra-team conflicts.

1. PROJECT
MANAGEMENT
LIFE CYCLE
Neeraj Sharma – 09/12/2022

2. Classification: Internal
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3. Classification: Internal
Principle 1 - Figure out what business you are in, and then mind your business.
Principle 2 - Understand the customer’s requirements and put them under version control
Principle 3 - Prepare a reasonable plan
Principle 4 - Build a good team with clear Ownership
Principle 5 - Track project status and give it wide visibility
Principle 6 - Use baseline controls
Principle 7 - Write important Stuff Down, Share it and Save it
Principle 8 - If it hasn’t been tested, it doesn’t work
Principle 9 - Ensure Customer Satisfaction
Principle 10 - Be relentlessly pro-active
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4. ROLE OF
PROJECT
MANAGER
Neeraj Sharma – 09/12/2022

5. Classification: Internal
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Project
Manager
Planning
Budgeting
Financing
Procuring
Implementing
Controlling
Terminating

6. Classification: Internal
 Shared Vision
 Integrity
 Empathy
 Competence
 Capability to Delegate tasks
 Patience
 Team Building Skills
 Leadership Skills
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7. Classification: Internal
 Acquiring Resources
 Dealing with Obstacles
 Making Decisions
 Motivating team members
 Negotiating with Clients
 Resolving conflicts
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8. Classification: Internal
 Technical Skills
 Leadership Skills
 Sensitivity
 Credibility
 Leadership Style
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9. Classification: Internal
 Operations Management and Research
 Decision Science
 Supply Chain Management
 Information Technology
 Work Process Development
 Performance Management
 Plant Scheduling
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10. Classification: Internal
 Goal Oriented
 Technically Competent
 Problem Oriented
 Cooperative
 Self-esteem
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11. PROBLEMS OF
A PROJECT
TEAM
Neeraj Sharma – 09/12/2022

12. Classification: Internal
 Cultural Differences
- Culture
- Language
- Environment
 Matrix Team Problem
- Org Structure
 Intra-team Conflict
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13. THANK YOU
neerajsharma387@gmail.com