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Project Management: The
Basics for Success
NAME :- RAJU RAMA PATIL
MBA II(Finance)
SCHOOL OF MANEAGEMENT STUDIES
NMU JALGAON (MS)
Project Management: The
Basics for Success
Three Definitions
• What is a project?
• What is a Project Manager?
• What is Project Management?
What Is a Project?
• A project is
…a temporary, one-time,
coordinated undertaking
A project…
has a definable goal
has interrelated and dependent
activities and tasks
is finite in duration
provides a unique product, service or information
operates under scope, quality, cost and time
constraints
Projects and Ongoing Work
Project
Service
Information
Product
Ongoing
Work
Proesses
Project
Service
Information
Product
S,Q,C,T Targets
S,Q,C,T Targets
Scope
Quality
Cost
Time
Constraints
Scope, Quality
S,Q,C,T Targets
Scope
Quality
Cost
Time
Risk
Resources
The Relationships
Scope
Resources
Quality
Risk
Three Elements of Scope
SCOPE
Product
Scope
Project
Scope
Total Scope
All the THINGS that will be
created or delivered
All the WORK that will be done
during the project
All the THINGS and all the
WORK
Project
A temporary endeavor undertaken to create a
unique product, service, or result.
What is a Project Manager?
The Project Manager
Technical Skills
Project
Management
Process Skills
Leadership Skills
The Various Roles of the PM
Task &Human
Integrator vs.
Technical Expert
Big Picture &Detail
Politics
Projects vs
Functions
Project Manager
The person assigned by the performing
organization to achieve the project
objectives.
What is Project Management?
Planning
Scheduling
Managing
Coordinating
Leading
Communicating
Controlling
Project Management
The application of knowledge, skills, tools,
and techniques to project activities to meet
project requirements. Project Management is
accomplished through the use of processes
such as: initiating, planning, executing,
controlling and closing.
Process Groups
The Project Management Institute® defines
five process groups for completing a project:
Initiate
Plan
Execute
Monitor and Control
Close
Knowledge Areas
1) Project Integration Management
2) Project Scope Management
3) Project Time Management
4) Project Cost Management
5) Project Quality Management
6) Project Human Resource Management
7) Project Communications Management
8) Project Risk Management
9) Project Procurement Management
10) Project Stakeholder Management
Initiating
Initiating Planning Executing Controlling Closing
Stakeholder
Individuals and organizations that are
actively involved in the project or whose
interests may be positively or negatively
affected as a result of the project execution
or project completion. They may also exert
influence over the project and its results.
Customer
One of the overall list of stakeholders.
Special subset of stakeholder.
Individual or group that receives the
deliverables of the project.
Project Charter
Agreement between all involved parties
One location for all overview information
Definition of the project
Guide for the project activities
Example Project
Project: Remodel and expand the current sports stadium
on a university campus.
The project will include:
installing new turf
putting in all new lighting
adding 28% more seats
constructing a new parking lot
installing a new score board
Who might be included in the
Stakeholder List?
List at least 3 people or groups you
think might be interested in, involved
with, or affected by this project.
Who did you list?
Students
Faculty
University President
Athletic Department
Home owners near the stadium
City departments (streets, utilities, etc)
And many others
Elements of the Charter and Scope
Statements
Elements of the Charter and Scope Statements
Scope Statement
The description of the project
scope, major deliverables,
assumptions, and constraints
What are the major deliverables for
this project?
List at least 3 major deliverables for this
project.
What deliverables did you list?
New turf
New lighting
New scoreboard
Additional seating
New parking lot
Stakeholder Analysis
A technique of systematically gathering and
analyzing quantitative and qualitative
information to determine whose interests
should be taken into account throughout the
project
Example Project
Project: Remodel and expand the current sports stadium on a
university campus.
The project will include:
installing new turf
putting in all new lighting
adding 28% more seats
constructing a new parking lot
installing a new score board
Let’s add another Stakeholder
The University President
On a sheet of paper, write down:
What do you think the University President’s
interest is in this project?
The President’s level of power and interest (Hi or Lo
for each)?
How you can effectively work to gain support and
reduce obstacles the President might create?
Raju patil finance project management ppd

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Raju patil finance project management ppd

  • 1. Project Management: The Basics for Success NAME :- RAJU RAMA PATIL MBA II(Finance) SCHOOL OF MANEAGEMENT STUDIES NMU JALGAON (MS)
  • 3. Three Definitions • What is a project? • What is a Project Manager? • What is Project Management?
  • 4. What Is a Project? • A project is …a temporary, one-time, coordinated undertaking
  • 5. A project… has a definable goal has interrelated and dependent activities and tasks is finite in duration provides a unique product, service or information operates under scope, quality, cost and time constraints
  • 6. Projects and Ongoing Work Project Service Information Product Ongoing Work Proesses Project Service Information Product
  • 12. Three Elements of Scope SCOPE Product Scope Project Scope Total Scope All the THINGS that will be created or delivered All the WORK that will be done during the project All the THINGS and all the WORK
  • 13. Project A temporary endeavor undertaken to create a unique product, service, or result.
  • 14. What is a Project Manager?
  • 15. The Project Manager Technical Skills Project Management Process Skills Leadership Skills
  • 16. The Various Roles of the PM Task &Human Integrator vs. Technical Expert Big Picture &Detail Politics Projects vs Functions
  • 17. Project Manager The person assigned by the performing organization to achieve the project objectives.
  • 18. What is Project Management? Planning Scheduling Managing Coordinating Leading Communicating Controlling
  • 19. Project Management The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Project Management is accomplished through the use of processes such as: initiating, planning, executing, controlling and closing.
  • 20. Process Groups The Project Management Institute® defines five process groups for completing a project: Initiate Plan Execute Monitor and Control Close
  • 21. Knowledge Areas 1) Project Integration Management 2) Project Scope Management 3) Project Time Management 4) Project Cost Management 5) Project Quality Management 6) Project Human Resource Management 7) Project Communications Management 8) Project Risk Management 9) Project Procurement Management 10) Project Stakeholder Management
  • 23. Initiating Planning Executing Controlling Closing
  • 24. Stakeholder Individuals and organizations that are actively involved in the project or whose interests may be positively or negatively affected as a result of the project execution or project completion. They may also exert influence over the project and its results.
  • 25. Customer One of the overall list of stakeholders. Special subset of stakeholder. Individual or group that receives the deliverables of the project.
  • 26. Project Charter Agreement between all involved parties One location for all overview information Definition of the project Guide for the project activities
  • 27. Example Project Project: Remodel and expand the current sports stadium on a university campus. The project will include: installing new turf putting in all new lighting adding 28% more seats constructing a new parking lot installing a new score board
  • 28. Who might be included in the Stakeholder List? List at least 3 people or groups you think might be interested in, involved with, or affected by this project.
  • 29. Who did you list? Students Faculty University President Athletic Department Home owners near the stadium City departments (streets, utilities, etc) And many others
  • 30. Elements of the Charter and Scope Statements
  • 31. Elements of the Charter and Scope Statements
  • 32. Scope Statement The description of the project scope, major deliverables, assumptions, and constraints
  • 33. What are the major deliverables for this project? List at least 3 major deliverables for this project.
  • 34. What deliverables did you list? New turf New lighting New scoreboard Additional seating New parking lot
  • 35. Stakeholder Analysis A technique of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project
  • 36. Example Project Project: Remodel and expand the current sports stadium on a university campus. The project will include: installing new turf putting in all new lighting adding 28% more seats constructing a new parking lot installing a new score board
  • 37. Let’s add another Stakeholder The University President On a sheet of paper, write down: What do you think the University President’s interest is in this project? The President’s level of power and interest (Hi or Lo for each)? How you can effectively work to gain support and reduce obstacles the President might create?