An Introduction to Project Management Krishna Kant
I have tried to present here a brief introduction of project management for the people who wish to get the flavor of project management and what it takes to be a successful project manager.
I have used these slides for the various project management sessions that I have conducted in different forums. And I hope this will help you to understand or re-cap your project management principles.
Why Project Management Matters?
What Is a Project?
What A Project Is Not?
Difference b/w a project and a process
Factors leading to creation of project
Hazards of Project Management
Constraints of Project Management
Importance of Project Management
The Project & Project Manager Competency Model
An Introduction to Project Management Krishna Kant
I have tried to present here a brief introduction of project management for the people who wish to get the flavor of project management and what it takes to be a successful project manager.
I have used these slides for the various project management sessions that I have conducted in different forums. And I hope this will help you to understand or re-cap your project management principles.
Why Project Management Matters?
What Is a Project?
What A Project Is Not?
Difference b/w a project and a process
Factors leading to creation of project
Hazards of Project Management
Constraints of Project Management
Importance of Project Management
The Project & Project Manager Competency Model
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
These slides give a very basic introduction about project management. You will find here about the definition of project, Types , Project Life cycle etc.
Will be very helpful to the engineering students for the subject Project Management.
The role and responsibilities of the project manager ProofHub
For aspiring project managers, this slide brings an insight to the roles and responsibilities that a manager needs to perform. So let’s take a look at what it is about being a project manager:
This Presentation create a basic information and Idea about the Project Management Practices. The data was compiled from the reputed sources for better understanding.
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
Learn the 5 Key Project Management Phases that every project manager knows. Perfect information for those professionals curious about how Project Managers plan their projects.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
These slides give a very basic introduction about project management. You will find here about the definition of project, Types , Project Life cycle etc.
Will be very helpful to the engineering students for the subject Project Management.
The role and responsibilities of the project manager ProofHub
For aspiring project managers, this slide brings an insight to the roles and responsibilities that a manager needs to perform. So let’s take a look at what it is about being a project manager:
This Presentation create a basic information and Idea about the Project Management Practices. The data was compiled from the reputed sources for better understanding.
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
Learn the 5 Key Project Management Phases that every project manager knows. Perfect information for those professionals curious about how Project Managers plan their projects.
The introduction of a project management framework will provide a structured and managed approach for projects within your company.
With the right framework in place it will allow projects of all sizes and priority to be planned effectively. This ensures that at all times the cost of the project is managed while delivering quality and the right level of performance and control across project management.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
2. Projects
Project is an activity whose start and end date are unique, brings
about change has unknown elements which therefore creates risk.
Project is defined as a sequence of tasks that must be completed to
attain a certain outcome
Project is accomplished by performing a set of activities.
Another aspect of project is the non-routine nature of activities.
Project consumes resources which are required for completing a
project
3. Projects
Project is an activity whose start and end date are unique, brings
about change has unknown elements which therefore creates risk.
Thus, project can be defined as an organized programme of pre
determined group of activities that are non-routine in nature and
that must be completed using the available resources within the
given time limit.
4. Features of a Project
• Uniqueness
• Specificity of Goal
• Complexity
• Sequence of Activities
• Risk and Uncertainty
• Change
• Customer-specific nature
• Interrelatedness
• Specified Time
• Sub-Contracting
• Optimality
• Unity in Diversity
5. Project Family Tree
PLAN
• National/Corporate Plan with target for growth
PROGRAM
• Health program, Educational program, R&D program
PROJECT
• Power plant, Hospital, Housing Project, etc.
WORK
PACKAGE
• Water supply, Power supply and Distribution package
TASK
• Award of water supply contract, Construction & Foundation
ACTIVITY
• Excavation, Laying of cable, Preparation of drawing
6. Classification of Projects
Quantifiable and
Non-Quantifiable
Project
Sectoral Projects
Techno-Economic
Project
Financial
Institution
Classification
Service Projects
7. Project Management
Project management is an organised venture for managing
projects, involves scientific application of modern tools and
techniques in planning, financing, implementing, monitoring,
controlling and coordinating unique activities or task produce
desirable outputs in accordance with the determined objectives
with in the constraints of time and cost.
8. What is NOT Project Management
• Project Management is not Personal Productivity
• Project Management certainly is not people management
• Project Management is not service management or Operation
• Project Management is not a Routine or Repetitive work.
9. Objectives of Project Management
• The successful development and implementation of all project’s procedure.
• Productive guidance, efficient communication, and apt supervision of the
project’s team.
• The achievement of the project’s main goal within the given constraints.
• Optimization of the allocated necessary inputs and their application to
meeting the project’s pre-defined objectives is a matter where is always
space for improvement.
• Production of a complete project that follows the client’s exclusive needs and
objectives.
10. Importance of Project Management
• Shortening of Project Life Cycle (PLC)
• Knowledge Advancement
• Triple ‘P’ Principle (Profit, Planet and People)
• Corporate Restructuring
• Customer Oriented Approach
11. TOOLS FOR PROJECT MANAGEMENT
ProofHub
Liquid Planner
Zoho projects
Basecamps
Click up
12. Techniques for Project Management
Classic Technique
Waterfall Technique
Agile Project Management
Rational Unified Process
Program Evaluation and Review Technique
Critical Path Technique
Critical Chain Technique
Extreme Project Management
13. Classic Technique
Simplest and traditional technique - sometimes the most appropriate
for running projects
Includes preparation of plan for upcoming work, estimating tasks to
perform, allocating resources, providing and getting feedback from the
team, and monitoring quality and deadlines.
14. Waterfall Technique
Also considered as traditional technique, but it takes the simple classic
approach to the new level
Based on the sequential performance of tasks
Next step starts when the previous one is accomplished
To monitor progress and performed steps, Gantt charts are often used,
as they provide a clear visual representation of phases and dependencies
15.
16. Agile Project Management
Set of principles based on the value-centered approach
It prescribes dividing project work into short sprints, using adaptive
planning and continual improvement, and fostering teams’ self-
organization and collaboration targeted to producing maximum value
Agile frameworks include such techniques as Scrum, Kanban, DSDM,
FDD, etc.
17.
18. Rational Unified Process (RUP)
Framework designed for software development teams and projects
Prescribes implementing an iterative development process, where
feedback from product users is taken into account for planning future
development phases
19. Program Evaluation and Review Technique (PERT)
One of widely used approach
Developed by the US Navy during the Cold War to increase efficiency of
work on new technologies
Involves complex and detailed planning, and visual tracking of work
results on PERT charts
20. Critical Path Technique (CPM)
Algorithm for scheduling and planning project works that is often used
in conjunction with the PERT method
Involves detecting the longest path from the beginning to the end of a
project, and defining the critical tasks
Critical are tasks that influence the deadlines of the entire project, and
require closer attention and thorough control
21. Critical Chain Technique
More innovative technique that derives from PERT and Critical Path
methods
Less focused on rigid task order and scheduling, and prescribes more
flexibility in resource allocation and more attention to how time is used
Emphasizes prioritization, dependencies analysis, and optimization of
time expenses
22. Extreme Project Management
Emphasizes elasticity in planning, open approach, and reduction of
formalism and deterministic management
Deriving from extreme programming methods, it is focused on human
factor in project management rather than on formal methods and rigid
phases
24. Project Team
Successful projects are a result of careful planning, talent and
collaboration of project’s team members
Project can’t move forward without each of its key team members
It’s not clear who these members are or what role do they actually play
Five roles – Project manager, Project team member, Project sponsor,
Executive sponsor and business analyst
25. PROJECT MANAGER
Plays a primary role in the project and is responsible for successful
completion
Ensures that sufficient resources are given to project, while
managing relationships with the contributors and stakeholders
26. PROJECT TEAM MEMBER
Individuals who work on one or more phases of the project
Role can vary according to each project
PROJECT SPONSOR
Driver and in-house champion of the project
Validate the project’s objectives and participate in high-level project
planning
Help resolve conflicts and remove obstacles
27. EXECUTIVE SPONSOR
High ranking member of management
Ultimate decision maker, with final approval on all phases
BUSINESS ANALYST
Defines needs and recommends solutions to make an organization better
Ensures project’s objectives solve existing problems or enhance problem
and add value to the organization
Help maximize the value of project deliverables
28. Building Project Team
Following points should be kept in mind while building a project team:
Selecting your team - Take care to choose the right people. Pick them for
their skills and abilities as they apply to your particular project.
Set the tone and the ground rules - make it clear who is in charge and
what you expect from your team. This is where the team hierarchies and
reporting structures are restated.
Setting clear goals - set them for your team as a whole and you must set
them for the individuals within your team. They must be unambiguous and
they must be mutually attainable.
Achievable early goals - Make use of your goals to build team spirit and
enthusiasm. Do this by setting small, easily-attainable goals early on in
your project while your team is still bedding-in and settling down.
Communication - everyone within your team knows what is going on
29. Roles and responsibilities of project manager
Role and responsibilities of a project manager can vary from
organization to organization. Sometimes, it may even change
depending on the need of the project.
But there are some core responsibilities that most project manager
needs to handle.
30. Roles and responsibilities of project manager
(Contd.)
Planning
Organizing
Leading
Monitoring
Communicating
Managing Risk
32. PROJECT SUCCESS
Successful project is one which is delivered on time and managed
within the budget with happy and satisfied clients
A good project manager, an efficient team with support from top
level management, an overall comprehensive plan with proper
implementation, once involved stakeholder are some of the factors
leading to project success
33. Determinants of Project Success
Comprehensive Planning
Good Manager and Team
Open Communication
Well Defined Objectives
Top-Level Management Support
Sufficient Funds
34. Determinants of Project Success (Contd.)
User Involvement
Use of Technology
Management of Risk
Project Closure
36. PROJECT LIFE CYCLE
Every project passes through various phases of a life cycle
No universal consensus on the number of phases in a project
cycle
Helps to understand the logical sequence of events in the
continuum of progress from start to finish
37. PROJECT LIFE CYCLE (Contd.)
Project typically consists of four phases:
o Conceptualization
o Planning
o Execution
o Termination
38. Conceptulization
•Identifying project objectives and deliverables
•Outlining project risks, dependencies,
constraints, and priorities
•Establishing project scope based on
deadlines and available resources
•Submitting a project proposal for approval
39. Planning
•Translating your proposal into a series of actionable
tasks and scheduling them in a project roadmap
•Documenting processes or workflows that your team
will use
•Creating measurable short-term goals from high-level
project goals
•Addressing potential issues that could derail your
roadmap
40. Execution
This is the true start of the project, when you carry out all of the
tasks and activities you mapped out in the planning stage.
As a project manager, your main responsibilities of the project
execution stage are to:
• Monitor and control the execution process, reviewing the quality of the
team’s output
• Adjust and update tasks, goals, and deadlines to meet changing
conditions
• Communicate between your team and the project stakeholders
42. LIFE CYCLE PATH
Follows either a “S” shaped path or a “J” shaped path
In “S” shaped path, progress is slow at starting and terminal phase and
is fast in implementation phase
43. In “J” shaped path, progress is slow at starting and as time moves on,
progress of project improves at fast rate
44. IDEA GENERATION
Project selection process starts with the generation of a project
idea. Ideas are based on technological breakthroughs and most of
the project ideas are variants of present products or services. To
stimulate the flow of ideas, the following are helpful:
SWOT Analysis
Fostering a conducive climate
45. ENVIRONMENT APPRAISAL
A project manager or a firm systematically appraise the
environment and assess its competitive abilities. For the purposes
of monitoring, the business environment may be divided into six
broad sectors
46. ECONOMIC SECTOR
State of the economy
Overall rate of growth
Cyclical fluctuations
Inflation rate
Growth rate of primary, secondary and territory sector
Growth rate of world economy
Trade surplus and deficits
Balance of Payment
47. GOVERNMENT SECTOR
Industrial policy
Government programmes and projects
Tax structure
EXIM policy
Financing norms
Subsidies incentives and concessions
Monetary policy
49. SOCIO-DEMOGRAPHIC SECTOR
Population trends
Age shifts in population
Income distribution
Educational profile
Employment of women
Attitudes toward consumption and investment
50. COMPETITION SECTOR
Number of firms in the industry and the market share of the top
few
Degree of homogeneity and differentiation among the products
Entry barrier
Comparison with substitutes in term of quality and price
Marketing polices and practice
51. SUPPLIER SECTOR
Availability and cost of raw material
Availability and cost of energy
Availability and cost of capital
52. PRELIMINARY SCREENING
Preliminary screening involves the elimination of the screening
ideas that are not so promising. Preliminary screening for project
management involves a few steps that are listed below:
Compatibility with promoter
Inputs availability
Market Adequacy
Cost Reasonableness
Risk Acceptability