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maywongmeiching1May Wong, PMP maywongmeiching82@gmail.com
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maywongmeiching1May Wong, PMP maywongmeiching82@gmail.com
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maywongmeiching1May Wong, PMP
taking a smaller
BITEof PMP
CHAPTER 1
PART 4
a PMP-BITE series
Image courtesy of Grant Cochrane / FreeDigitalPhotos.net
HELLO.
Armed with more than 10 years of experience in marketing. Specializing
in Project Management of activation campaigns, conferences, events &
exhibitions.
Bitten by the travel bug and an explorer at heart.
Loves dogs.
@mayscloset
MAY WONGPROJECT MANAGER @ SHELL INTERNATIONAL
Part1 Part2 Part4Part3
 Project
 Program
 Portfolio
 PMO
 Time
 Cost
 Scope
 Resource
 Quality
 Risk
 Functional
 Projectized
 Matrix
 Product Lifecycle
 Project Lifecycle
4’P’s Constraints
Organizational
Structure
Lifecycle
ONE
CHAPTER
taking smaller bites…
Part1 Part2 Part4Part3
 Project
 Program
 Portfolio
 PMO
 Time
 Cost
 Scope
 Resource
 Quality
 Risk
 Functional
 Projectized
 Matrix
 Product Lifecycle
 Project Lifecycle
4’P’s Constraints
Organizational
Structure
Lifecycle
ONE
CHAPTER
taking smaller bites…
PART

PROJECT
LIFECYCLE
4
CHARACTERISTICS OF
PROJECT LIFE CYCLE
Starting the project
Organizing & preparing
Carrying out project work
Closing project
PROJECT STAGES
Cost & staffing VS Time
Less cost &
staffs at the
beginning &
end of project
PROJECT STAGES
IMPACT of VARIABLE based
on project TIME
Risk & uncertainty
is great at the
beginning of
projects
Cost of changes
decreases as risks
decreases
PROJECT PHASES
Example of Single Phase
Often found in smaller projects. Typically one phase & sequential (no
overlaps)
PHASE TO PHASE
SEQUENTIAL PHASE (3 phase)
PHASE TO PHASE
OVERLAPPING PHASE
PREDICTIVE LIFE CYCLEAlso known as
FULLY PLAN DRIVE
Generally preferred when
-product is well understood
-substantial base of industry practice
-product must be delivered in full to
have full value.
ITERATIVE &
INCREMENTAL + ADAPTIVE
 AKA change driven or agile
methods
 Iterations are very rapid
 Scope decomposed to
requirements – Product backlog
Used when environment
changed rapidly
Requirements & scope not
defined in advance
 Intentionally repeat one or more
activities
 Increments add functionalities of
product
 During repetition, all PM process
groups will be performed
To manage change of objective or
scope
Adaptive Iterative & Incremental
HOW WELL DID
YOU PAID
ATTENTION? PART

PROJECT
LIFECYCLE
4
 EXERCISE
Which of the following is NOT a
characteristic of Project Life Cycle
a. Starting a project
b. Organizing a project
c. Preparing a project
d. Proposing a project
 ANSWER
Which of the following is NOT a
characteristic of Project Life Cycle
a. Starting a project
b. Organizing a project
c. Preparing a project
d. Proposing a project
Project life cycle only begins when a project has been
chosen/confirmed
 EXERCISE
These are the relationships amongst COST,
STAFFING and TIME. Which of these is
UNTRUE?
a. Cost is high at the beginning of the project
b. Staffing is high at the execution stage of a project
c. Cost is high at the middle stage of a project
d. Staffing is low at the beginning stage of a project
 ANSWER
These are the relationships amongst COST,
STAFFING and TIME. Which of these is
UNTRUE?
a. Cost is high at the beginning of the project
b. Staffing is high at the execution stage of a project
c. Cost is high at the middle stage of a project
d. Staffing is low at the beginning stage of a project
Part1 Part2 Part4Part3
 Project
 Program
 Portfolio
 PMO
 Time
 Cost
 Scope
 Resource
 Quality
 Risk
 Functional
 Projectized
 Matrix
 Product Lifecycle
 Project Lifecycle
4’P’s Constraints
Organizational
Structure
Lifecycle
Image courtesy of Master isolated images / FreeDigitalPhotos.net
And…… WE ARE DONE!!!
QUESTIONS?
FEEDBACK?
YOUTHANK

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Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 4 (PROJECT LIFE CYCLES)

  • 1. maywongmeiching82@gmail.com my.linkedin.com/in/ maywongmeiching1May Wong, PMP maywongmeiching82@gmail.com my.linkedin.com/in/ maywongmeiching1May Wong, PMP maywongmeiching82@gmail.com my.linkedin.com/in/ maywongmeiching1May Wong, PMP taking a smaller BITEof PMP CHAPTER 1 PART 4 a PMP-BITE series Image courtesy of Grant Cochrane / FreeDigitalPhotos.net
  • 2. HELLO. Armed with more than 10 years of experience in marketing. Specializing in Project Management of activation campaigns, conferences, events & exhibitions. Bitten by the travel bug and an explorer at heart. Loves dogs. @mayscloset MAY WONGPROJECT MANAGER @ SHELL INTERNATIONAL
  • 3. Part1 Part2 Part4Part3  Project  Program  Portfolio  PMO  Time  Cost  Scope  Resource  Quality  Risk  Functional  Projectized  Matrix  Product Lifecycle  Project Lifecycle 4’P’s Constraints Organizational Structure Lifecycle ONE CHAPTER taking smaller bites…
  • 4. Part1 Part2 Part4Part3  Project  Program  Portfolio  PMO  Time  Cost  Scope  Resource  Quality  Risk  Functional  Projectized  Matrix  Product Lifecycle  Project Lifecycle 4’P’s Constraints Organizational Structure Lifecycle ONE CHAPTER taking smaller bites…
  • 6. CHARACTERISTICS OF PROJECT LIFE CYCLE Starting the project Organizing & preparing Carrying out project work Closing project
  • 7. PROJECT STAGES Cost & staffing VS Time Less cost & staffs at the beginning & end of project
  • 8. PROJECT STAGES IMPACT of VARIABLE based on project TIME Risk & uncertainty is great at the beginning of projects Cost of changes decreases as risks decreases
  • 9. PROJECT PHASES Example of Single Phase Often found in smaller projects. Typically one phase & sequential (no overlaps)
  • 10. PHASE TO PHASE SEQUENTIAL PHASE (3 phase)
  • 12. PREDICTIVE LIFE CYCLEAlso known as FULLY PLAN DRIVE Generally preferred when -product is well understood -substantial base of industry practice -product must be delivered in full to have full value.
  • 13. ITERATIVE & INCREMENTAL + ADAPTIVE  AKA change driven or agile methods  Iterations are very rapid  Scope decomposed to requirements – Product backlog Used when environment changed rapidly Requirements & scope not defined in advance  Intentionally repeat one or more activities  Increments add functionalities of product  During repetition, all PM process groups will be performed To manage change of objective or scope Adaptive Iterative & Incremental
  • 14. HOW WELL DID YOU PAID ATTENTION? PART  PROJECT LIFECYCLE 4
  • 15.  EXERCISE Which of the following is NOT a characteristic of Project Life Cycle a. Starting a project b. Organizing a project c. Preparing a project d. Proposing a project
  • 16.  ANSWER Which of the following is NOT a characteristic of Project Life Cycle a. Starting a project b. Organizing a project c. Preparing a project d. Proposing a project Project life cycle only begins when a project has been chosen/confirmed
  • 17.  EXERCISE These are the relationships amongst COST, STAFFING and TIME. Which of these is UNTRUE? a. Cost is high at the beginning of the project b. Staffing is high at the execution stage of a project c. Cost is high at the middle stage of a project d. Staffing is low at the beginning stage of a project
  • 18.  ANSWER These are the relationships amongst COST, STAFFING and TIME. Which of these is UNTRUE? a. Cost is high at the beginning of the project b. Staffing is high at the execution stage of a project c. Cost is high at the middle stage of a project d. Staffing is low at the beginning stage of a project
  • 19. Part1 Part2 Part4Part3  Project  Program  Portfolio  PMO  Time  Cost  Scope  Resource  Quality  Risk  Functional  Projectized  Matrix  Product Lifecycle  Project Lifecycle 4’P’s Constraints Organizational Structure Lifecycle Image courtesy of Master isolated images / FreeDigitalPhotos.net And…… WE ARE DONE!!!