This document provides an overview of fundamentals of project planning and management. It defines what projects are, common traits of projects, objectives of projects, why projects fail, the typical project life cycle including initiation, planning, execution phases, and approaches to project management including traditional critical path methodology and more modern agile methodologies like Scrum and Kanban. Key points covered include defining projects, similarities across projects, objectives of scope, time and cost, common reasons for project failure, and benefits of agile project management approaches.

1. Fundamentals of
Project Planning & Management
Presenters :
Umar Farooq L1f12bsme0002
Muhammad Manzar L1f12bsme0051
Muhammad Zaroon L1f2bsme0059

2. What is a Project ??
It can Appears in different types
Can be a Personal Assignment
Student’s University task
Can be a New Product Development
Honda CIVIC 2016 or introducing new medicine
can be a Mega Constructions
Lahore Orange Line Metro or Sydney Opera House
Organizing Event / Festival
T20 Cricket World Cup 2016

3. What are not Projects !!
• Daily on Going Process / Daily Routine
Process ‘Manufacturing Process’ are not
projects
Manufacturing Process in Automotive Industry
Manufacturing Process in textile
industry

4. Similarities / Common Traits
1. Temporary Organization
2. Specific Start & Finish
3. Constrained by Time , cost and Resources.
4. Multi Disciplinary coordinates require.
Burj Khalifa a Mega Construction Project
Started September 2004- finished January 210
Orange Line Lahore a Mega Construction Project
Started October 2015- expected October 2017

5. Objectives of Projects
1. Scope - cost - Time are the 3 objectives .
2. These 3 dimensions are interlink k with each other
A project is temporary endeavor undertaken to create a unique product or service .
(Project Management Institute)
Defining the Project
Example : A weeding Ceremony

6. Why Projects fail ?
Project Failure
Heathrow airport Terminal 5 failure

7. Project life Cycle
Mega Construction
Projects require
more time for
execution.

8. Project Initiation Phase

9. Organization & Stakeholder

10. Project Planning Phase

11. Planning Phase
1-SCOPING: We use a tool which is WBS work break Down Structure
Creative SalesFunds Marketing HRFinanceStrategy IT
Project
2-Dependencies:
By Dependencies Matrix By Dependencies Table

12. Planning Phase
3-Sheduling (Network Diagrams)
Critical Path
Project Crashing
Results of Crashing
High Risk

13. Planning Phase
During the execution of project we come up with different uncertainties
Project Risk Management

14. Project Execution Phase

15. Execution Phase

16. Why Projects Fails !!!
We Have Project Planning
Technical Factors
1. External Complexities
2. Internal Complexities
Human Factors
1. Multitasking

17. Agile Methodology

18. Agile Methodology
(ModernDevelopmentTechnique)

19. Variations in Agile
1. Kanban (看板 ?)
2. Scrum

20. Steps for Kanban

24. Benefits of Kanban
 Reduce Multitasking
 Enhance Teamwork

25. Agile Methodology
Scrum
Advantage : Reduce Work In Progress

26. Conclusions
2 Project Management Methodologies
Critical Path Agile (Kanban ,Scrum)
A project Manager No Manager
(Self Guided Teams)
Pre Planned
Complete picture of Project
Post Planning after every
checkpoint
Used in less uncertainly Use in high uncertain Projects

27. Thank you
for the
Attention