SlideShare a Scribd company logo
The World of Project
Management
Moustafa Mohamed Ali
Mo’men Mohamed Ibrahim
Mohamed Megahed Khalf
Mina Abdo Hakeem
Key Points
• What is a project ?
• Project Management Vs. General Management .
• The three goals of a project .

• The life cycle of a project .
• Methods of selecting projects .
• Risk Management .
• Project portofilio process .
What is a project ?
• A project is a set of tasks , each task is specific and unique with a specific
deliverables for a specific need or purpose .
• Characteristics of a project
• Unique
• Have Scpecfic Deliverable
• Timely

• Why a project ?
• To fix the reponsability and authority to achieve organizational goals on an individual
Common Characteristics of Projects
• Multidisciplinary .
• Complex : People with different kinds of Knowledge.
• Conflict : Inseparable companions
• the budget & schedule
• client desires and project team.
• between project team’s members.
Project Management Vs. General Management
PROJECT MANAGEMENT

GENERAL MANAGEMENT

Everything is an exception

Manage by exception

Project Manager must be creative , flexible and
problem solver

It just need a good project manager

Scope(Project deliverables ) and due date determine
its plan

Need a good planning to achieve
success

It can cross the organization boundaries

Rarely crossing organizational boundaries
Negotiation
• Why ?
• So that he can get the cooperation of other departments in the organization to supply
him with technology, information , resources … etc

• Win-Lose situations
• Like buying a car or a house the less you pay the less profit the seller gets.

• Win-Win situations
• It’s a mandatory within the organizations.
The three goals of a project
Life Cycle of a project
• S Shape goes from SLOW Start to Fast Then Slow
• J Shape goes from SLOW to Fast
Selecting Projects
• There are two primary methods for selecting a project
• Nonnumeric selection
• Numeric selection
Nonnumeric Selection Methods
• The Sacred Cow
• Just do it .. !?

• The Operating Necessity
• Is it necessary .. !?

• Comparative Benefits
• Divide these project to categories like (Good – Fair – Poor ) if a one group have more than 8 projects
keep dividing like (Good plus – Good minus ) till no groups have more than 8 projects.
Numeric selection
• The Payback Period .
• Net Present Value (NPV) .
Risk Management
• uncertainties found during projects :
• Project completion time
• the availability and costs of key resources

• the timing of solutions to technological problems
• the whims of a client
• the actions taken by competitors
Project portofilio process
• Project portofilio process (PPP) attempts to link the organization’s projects
directly to the goals and strategy of the organization.

• also a means for monitoring and controlling the organization’s strategic
projects .
Steps for The Project Portfolio Process
•
•
•
•

Establish a Project Council .
Identify Project Categories and Criteria .
Collect Project Data .
Assess Resource Availability .

• Reduce the Project and Criteria Set .
• Prioritize the Projects within Categories .
• Implement the Process .
Case Study
United Screen Printers
Introduction
• United Screen Printers (USP) produces a wide range of decals for displaying
promotional messages on fleet vehicles vehicles(including delivery vans,
eighteen - wheelers, and aircraft).

• Although it is one of the oldest forms of printing, screen printing is superior
to most of the more modern approaches..why ?!!!
• Screen printing works by blocking out areas on a silk screen .
Problem
• USP is about to begin its annual evaluation of proposed projects. Six projects
have been proposed as described .

• USP currently has annual sales of approximately $7 million. It typically
allocates up to 10 percent of sales to these types of projects.
1-Purchase new large press
• There is currently a three - and - a-half to four - week backlog in the screen printing
department

• USP ’ s total lead - time is 4 to 6 weeks instead of average lead - time of 3.5 to 4 weeks
(13 % early – 38% on time -49 %late) , 75 percent of the backlog is waiting for press 6.

• press 6 is in dire need of replacement parts but USP has been unable thus far to locate a
source for these parts .

• cost for purchasing a new large press is $160,000
• Achieve jobs 50 % to 100 % faster than press 6, the payback period for a new large press
would be one year.
2-Build new headquarters
• company needs to have a strong corporate identity.
• improve operating efficiencies.
• Cost $4 million so too risky !! increase the company ’ s debt.
3-Pursue ISO 9000 certification
• Customers assurance .
• improve its processes .
• $250,000 to $300,000 and would take one year to complete
4-Develop formal procedure for mixing inks
• a highly specialized skill.
• consumes 2 – 3 hours of the team leader ’ s time each day(annually $25.000).
• focus on developing ink formulas to make this task:
 more routine.
 less specialized.
 Subjective.

• estimated cost $10,000.
5- Purchase and install equipment to produce four-color
positives in - house
• lead-time to have positives made by an outside supplier is typically one week
and costs $1,500 to $6,000.

• Estimated cost of purchasing the equipment is approximately $150,000 plus
$25,000 for installation and training.

• cost of producing positives in house are estimated to be $375 per job.
• When produced in - house, the lead-time is approximately an hour - and - a half.
6- Purchase inkjet printers
• six inkjet printers at a cost of $140,000 will provide the equivalent capacity
of a new large screen printing press.

• The major disadvantage is that compared to the screen printing process, the
outdoor durability is more limited.

• inkjet printers are more economical for small orders, while screen printing
presses are more economical for large orders.
Questions
1-Agregate plan
Criteria
•
•
•
•

Increase the trust between the incorporation
Increase productivity
Don’t cross the limited budget
Risk management budget
Recommended projects
•
•
•
•

Purchase new large press
Pursue ISO 9000 certifi cation
Total Cost = $700.000 – $460.000 = $240.000
Risk managemnt cost : $240.000
End of Presentation

More Related Content

What's hot

Project Scope Management -
Project Scope Management - Project Scope Management -
Project Scope Management -
dyaksa hanindito
 
Consultant's technical & financial proposal
Consultant's technical & financial proposalConsultant's technical & financial proposal
Consultant's technical & financial proposalMohamed Ahmed
 
Software Project Management: Project Charter
Software Project Management: Project CharterSoftware Project Management: Project Charter
Software Project Management: Project Charter
Minhas Kamal
 
Chapter9 projectcashflows
Chapter9 projectcashflowsChapter9 projectcashflows
Chapter9 projectcashflows
AKSHAYA0000
 
5. project activity and risk planning
5. project activity and risk planning5. project activity and risk planning
5. project activity and risk planningJeanette C. Patindol
 
Project Management
Project ManagementProject Management
Project Management
Hanae SQUALLI HOUSSAINI
 
Sales & operations planning
Sales & operations planningSales & operations planning
Sales & operations planning
Shreyas Nair
 
Project planning and control
Project planning and controlProject planning and control
Project planning and control
sachin kumar sharma
 
Project Management Case Studies by Terry Hall
Project Management Case Studies by Terry HallProject Management Case Studies by Terry Hall
Project Management Case Studies by Terry Hall
Terry Hall, PMP
 
Project audit and closure
Project audit and closureProject audit and closure
Project audit and closureVelita Furtado
 
Project management case study
Project management case studyProject management case study
Project management case study
'VD' Vishnu
 
Project Execution Powerpoint Presentation Slides
Project Execution Powerpoint Presentation SlidesProject Execution Powerpoint Presentation Slides
Project Execution Powerpoint Presentation Slides
SlideTeam
 
Implementation of Business Process Reengineering in Thermax Ltd.
Implementation of Business Process Reengineering in Thermax Ltd.Implementation of Business Process Reengineering in Thermax Ltd.
Implementation of Business Process Reengineering in Thermax Ltd.
Pramod Patil
 
Leadership: Being an Effective Project Manager
Leadership: Being an Effective Project ManagerLeadership: Being an Effective Project Manager
Leadership: Being an Effective Project Manager
Earl Tongol
 
Software Project Management: Project Initiation
Software Project Management: Project InitiationSoftware Project Management: Project Initiation
Software Project Management: Project Initiation
Minhas Kamal
 
FEASIBILITY STUDY
FEASIBILITY STUDYFEASIBILITY STUDY
FEASIBILITY STUDY
pethurusan
 
Portfolio Mgt Presentation
Portfolio Mgt PresentationPortfolio Mgt Presentation
Portfolio Mgt Presentation
Carolyn Reid
 
Project planning and control
Project planning and controlProject planning and control
Project planning and control
Venugopal Venkatachalapathy
 
Ppp project life cycle
Ppp project life cyclePpp project life cycle
Ppp project life cycle
Audrey Mwala
 

What's hot (20)

Project Scope Management -
Project Scope Management - Project Scope Management -
Project Scope Management -
 
Consultant's technical & financial proposal
Consultant's technical & financial proposalConsultant's technical & financial proposal
Consultant's technical & financial proposal
 
Software Project Management: Project Charter
Software Project Management: Project CharterSoftware Project Management: Project Charter
Software Project Management: Project Charter
 
Chapter9 projectcashflows
Chapter9 projectcashflowsChapter9 projectcashflows
Chapter9 projectcashflows
 
5. project activity and risk planning
5. project activity and risk planning5. project activity and risk planning
5. project activity and risk planning
 
Project Management
Project ManagementProject Management
Project Management
 
Sales & operations planning
Sales & operations planningSales & operations planning
Sales & operations planning
 
Project planning and control
Project planning and controlProject planning and control
Project planning and control
 
Project Management Case Studies by Terry Hall
Project Management Case Studies by Terry HallProject Management Case Studies by Terry Hall
Project Management Case Studies by Terry Hall
 
Project audit and closure
Project audit and closureProject audit and closure
Project audit and closure
 
Project management case study
Project management case studyProject management case study
Project management case study
 
Project Execution Powerpoint Presentation Slides
Project Execution Powerpoint Presentation SlidesProject Execution Powerpoint Presentation Slides
Project Execution Powerpoint Presentation Slides
 
Implementation of Business Process Reengineering in Thermax Ltd.
Implementation of Business Process Reengineering in Thermax Ltd.Implementation of Business Process Reengineering in Thermax Ltd.
Implementation of Business Process Reengineering in Thermax Ltd.
 
Leadership: Being an Effective Project Manager
Leadership: Being an Effective Project ManagerLeadership: Being an Effective Project Manager
Leadership: Being an Effective Project Manager
 
Software Project Management: Project Initiation
Software Project Management: Project InitiationSoftware Project Management: Project Initiation
Software Project Management: Project Initiation
 
FEASIBILITY STUDY
FEASIBILITY STUDYFEASIBILITY STUDY
FEASIBILITY STUDY
 
Portfolio Mgt Presentation
Portfolio Mgt PresentationPortfolio Mgt Presentation
Portfolio Mgt Presentation
 
Project planning and control
Project planning and controlProject planning and control
Project planning and control
 
Project organization
Project organizationProject organization
Project organization
 
Ppp project life cycle
Ppp project life cyclePpp project life cycle
Ppp project life cycle
 

Viewers also liked

Project Management Case Study .EC Harris International Ltd. (Al Wahda Mast...
Project Management Case Study .EC Harris International Ltd.   (Al Wahda Mast...Project Management Case Study .EC Harris International Ltd.   (Al Wahda Mast...
Project Management Case Study .EC Harris International Ltd. (Al Wahda Mast...
Malik Liaqat Ali
 
Case Study - Project Management
Case Study - Project Management Case Study - Project Management
Case Study - Project Management Jimmy Horn
 
Daniel O Connell Professional Construction Consultant
Daniel O Connell Professional Construction ConsultantDaniel O Connell Professional Construction Consultant
Daniel O Connell Professional Construction Consultantdanieloconnell
 
Case study for project management-Triple constraints
Case study for project management-Triple constraintsCase study for project management-Triple constraints
Case study for project management-Triple constraints
minal0493
 
Project Management case analysis
Project Management case analysisProject Management case analysis
Project Management case analysis
Wakas Khalid
 
Project Management Final Exam
Project Management Final ExamProject Management Final Exam
Project Management Final Exam
Stacey Troup
 
Final Paper #4.Doc Project Management
Final Paper #4.Doc Project ManagementFinal Paper #4.Doc Project Management
Final Paper #4.Doc Project Management
joshg30
 
Project Case Study Sample
Project Case Study SampleProject Case Study Sample
Project Case Study Sample
Chi D. Nguyen
 

Viewers also liked (8)

Project Management Case Study .EC Harris International Ltd. (Al Wahda Mast...
Project Management Case Study .EC Harris International Ltd.   (Al Wahda Mast...Project Management Case Study .EC Harris International Ltd.   (Al Wahda Mast...
Project Management Case Study .EC Harris International Ltd. (Al Wahda Mast...
 
Case Study - Project Management
Case Study - Project Management Case Study - Project Management
Case Study - Project Management
 
Daniel O Connell Professional Construction Consultant
Daniel O Connell Professional Construction ConsultantDaniel O Connell Professional Construction Consultant
Daniel O Connell Professional Construction Consultant
 
Case study for project management-Triple constraints
Case study for project management-Triple constraintsCase study for project management-Triple constraints
Case study for project management-Triple constraints
 
Project Management case analysis
Project Management case analysisProject Management case analysis
Project Management case analysis
 
Project Management Final Exam
Project Management Final ExamProject Management Final Exam
Project Management Final Exam
 
Final Paper #4.Doc Project Management
Final Paper #4.Doc Project ManagementFinal Paper #4.Doc Project Management
Final Paper #4.Doc Project Management
 
Project Case Study Sample
Project Case Study SampleProject Case Study Sample
Project Case Study Sample
 

Similar to Wolrd of Project Managment with CaseStudy 1

The world of project management Ch01
The world of project management Ch01The world of project management Ch01
The world of project management Ch01
Moustafa Ghoniem
 
Fundamentals of Project Management
Fundamentals of Project ManagementFundamentals of Project Management
Fundamentals of Project Management
Sutharthan Mariyappan
 
project selection.pptx
project selection.pptxproject selection.pptx
project selection.pptx
Nimra zaman
 
Chapter 1.pptx
Chapter 1.pptxChapter 1.pptx
Chapter 1.pptx
AbdiqadirOsman
 
What is Modern Project Management And Why it is Important - Sameer Mitter
What is Modern Project Management And Why it is Important - Sameer MitterWhat is Modern Project Management And Why it is Important - Sameer Mitter
What is Modern Project Management And Why it is Important - Sameer Mitter
Sameer Mitter
 
01 introductiontoframework
01 introductiontoframework01 introductiontoframework
01 introductiontoframework
Dhamo daran
 
Agile Project Management
Agile Project ManagementAgile Project Management
Agile Project Management
Syed Zaid Irshad
 
Agile Project Management By Professor Lili Saghafi
Agile Project Management By Professor Lili Saghafi Agile Project Management By Professor Lili Saghafi
Agile Project Management By Professor Lili Saghafi
Professor Lili Saghafi
 
Chapter-4.pptx
Chapter-4.pptxChapter-4.pptx
Chapter-4.pptx
ssuser2a57a3
 
A Repeatable Project Management Methodology
A Repeatable Project Management MethodologyA Repeatable Project Management Methodology
A Repeatable Project Management MethodologyShaun Smith, MSPM, PMP
 
Karla.Rodriguez.Portfolio
Karla.Rodriguez.PortfolioKarla.Rodriguez.Portfolio
Karla.Rodriguez.PortfolioKarla Rodriguez
 
The Divide.pptx
The Divide.pptxThe Divide.pptx
The Divide.pptx
MujeebMohammed18
 
Project management
Project managementProject management
Project managementobsession56
 
Agile vs waterfall
Agile vs waterfallAgile vs waterfall
Agile vs waterfall
Lohet Ramesh
 
Agile project, myths & selection criteria
Agile project, myths & selection criteriaAgile project, myths & selection criteria
Agile project, myths & selection criteria
William Hill Australia
 
2. Project identification.ppt
2. Project identification.ppt2. Project identification.ppt
2. Project identification.ppt
PedadaSaikumar
 
Software development life cycle
Software development life cycleSoftware development life cycle
Software development life cycle
Dina Hanbazazah
 
Session 1 - The Agile vs Non agile divide.pptx
Session 1 - The Agile vs Non agile divide.pptxSession 1 - The Agile vs Non agile divide.pptx
Session 1 - The Agile vs Non agile divide.pptx
WatchDogs6
 
Session 2 mod 2 proj mgt
Session 2 mod 2 proj mgtSession 2 mod 2 proj mgt
Session 2 mod 2 proj mgt
Himani Maheshwari
 
Online PMP Exam Certification Training - 35 Hours
Online PMP Exam Certification Training - 35 HoursOnline PMP Exam Certification Training - 35 Hours
Online PMP Exam Certification Training - 35 Hours
Resit Gulec, MBA, PMP®, ITIL®
 

Similar to Wolrd of Project Managment with CaseStudy 1 (20)

The world of project management Ch01
The world of project management Ch01The world of project management Ch01
The world of project management Ch01
 
Fundamentals of Project Management
Fundamentals of Project ManagementFundamentals of Project Management
Fundamentals of Project Management
 
project selection.pptx
project selection.pptxproject selection.pptx
project selection.pptx
 
Chapter 1.pptx
Chapter 1.pptxChapter 1.pptx
Chapter 1.pptx
 
What is Modern Project Management And Why it is Important - Sameer Mitter
What is Modern Project Management And Why it is Important - Sameer MitterWhat is Modern Project Management And Why it is Important - Sameer Mitter
What is Modern Project Management And Why it is Important - Sameer Mitter
 
01 introductiontoframework
01 introductiontoframework01 introductiontoframework
01 introductiontoframework
 
Agile Project Management
Agile Project ManagementAgile Project Management
Agile Project Management
 
Agile Project Management By Professor Lili Saghafi
Agile Project Management By Professor Lili Saghafi Agile Project Management By Professor Lili Saghafi
Agile Project Management By Professor Lili Saghafi
 
Chapter-4.pptx
Chapter-4.pptxChapter-4.pptx
Chapter-4.pptx
 
A Repeatable Project Management Methodology
A Repeatable Project Management MethodologyA Repeatable Project Management Methodology
A Repeatable Project Management Methodology
 
Karla.Rodriguez.Portfolio
Karla.Rodriguez.PortfolioKarla.Rodriguez.Portfolio
Karla.Rodriguez.Portfolio
 
The Divide.pptx
The Divide.pptxThe Divide.pptx
The Divide.pptx
 
Project management
Project managementProject management
Project management
 
Agile vs waterfall
Agile vs waterfallAgile vs waterfall
Agile vs waterfall
 
Agile project, myths & selection criteria
Agile project, myths & selection criteriaAgile project, myths & selection criteria
Agile project, myths & selection criteria
 
2. Project identification.ppt
2. Project identification.ppt2. Project identification.ppt
2. Project identification.ppt
 
Software development life cycle
Software development life cycleSoftware development life cycle
Software development life cycle
 
Session 1 - The Agile vs Non agile divide.pptx
Session 1 - The Agile vs Non agile divide.pptxSession 1 - The Agile vs Non agile divide.pptx
Session 1 - The Agile vs Non agile divide.pptx
 
Session 2 mod 2 proj mgt
Session 2 mod 2 proj mgtSession 2 mod 2 proj mgt
Session 2 mod 2 proj mgt
 
Online PMP Exam Certification Training - 35 Hours
Online PMP Exam Certification Training - 35 HoursOnline PMP Exam Certification Training - 35 Hours
Online PMP Exam Certification Training - 35 Hours
 

Recently uploaded

RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
Norma Mushkat Gaffin
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Navpack & Print
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
NZSG
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 

Recently uploaded (20)

RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
Affordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n PrintAffordable Stationery Printing Services in Jaipur | Navpack n Print
Affordable Stationery Printing Services in Jaipur | Navpack n Print
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 

Wolrd of Project Managment with CaseStudy 1

  • 1. The World of Project Management Moustafa Mohamed Ali Mo’men Mohamed Ibrahim Mohamed Megahed Khalf Mina Abdo Hakeem
  • 2. Key Points • What is a project ? • Project Management Vs. General Management . • The three goals of a project . • The life cycle of a project . • Methods of selecting projects . • Risk Management . • Project portofilio process .
  • 3. What is a project ? • A project is a set of tasks , each task is specific and unique with a specific deliverables for a specific need or purpose . • Characteristics of a project • Unique • Have Scpecfic Deliverable • Timely • Why a project ? • To fix the reponsability and authority to achieve organizational goals on an individual
  • 4. Common Characteristics of Projects • Multidisciplinary . • Complex : People with different kinds of Knowledge. • Conflict : Inseparable companions • the budget & schedule • client desires and project team. • between project team’s members.
  • 5. Project Management Vs. General Management PROJECT MANAGEMENT GENERAL MANAGEMENT Everything is an exception Manage by exception Project Manager must be creative , flexible and problem solver It just need a good project manager Scope(Project deliverables ) and due date determine its plan Need a good planning to achieve success It can cross the organization boundaries Rarely crossing organizational boundaries
  • 6. Negotiation • Why ? • So that he can get the cooperation of other departments in the organization to supply him with technology, information , resources … etc • Win-Lose situations • Like buying a car or a house the less you pay the less profit the seller gets. • Win-Win situations • It’s a mandatory within the organizations.
  • 7. The three goals of a project
  • 8. Life Cycle of a project • S Shape goes from SLOW Start to Fast Then Slow • J Shape goes from SLOW to Fast
  • 9. Selecting Projects • There are two primary methods for selecting a project • Nonnumeric selection • Numeric selection
  • 10. Nonnumeric Selection Methods • The Sacred Cow • Just do it .. !? • The Operating Necessity • Is it necessary .. !? • Comparative Benefits • Divide these project to categories like (Good – Fair – Poor ) if a one group have more than 8 projects keep dividing like (Good plus – Good minus ) till no groups have more than 8 projects.
  • 11. Numeric selection • The Payback Period . • Net Present Value (NPV) .
  • 12. Risk Management • uncertainties found during projects : • Project completion time • the availability and costs of key resources • the timing of solutions to technological problems • the whims of a client • the actions taken by competitors
  • 13. Project portofilio process • Project portofilio process (PPP) attempts to link the organization’s projects directly to the goals and strategy of the organization. • also a means for monitoring and controlling the organization’s strategic projects .
  • 14. Steps for The Project Portfolio Process • • • • Establish a Project Council . Identify Project Categories and Criteria . Collect Project Data . Assess Resource Availability . • Reduce the Project and Criteria Set . • Prioritize the Projects within Categories . • Implement the Process .
  • 16. Introduction • United Screen Printers (USP) produces a wide range of decals for displaying promotional messages on fleet vehicles vehicles(including delivery vans, eighteen - wheelers, and aircraft). • Although it is one of the oldest forms of printing, screen printing is superior to most of the more modern approaches..why ?!!! • Screen printing works by blocking out areas on a silk screen .
  • 17. Problem • USP is about to begin its annual evaluation of proposed projects. Six projects have been proposed as described . • USP currently has annual sales of approximately $7 million. It typically allocates up to 10 percent of sales to these types of projects.
  • 18. 1-Purchase new large press • There is currently a three - and - a-half to four - week backlog in the screen printing department • USP ’ s total lead - time is 4 to 6 weeks instead of average lead - time of 3.5 to 4 weeks (13 % early – 38% on time -49 %late) , 75 percent of the backlog is waiting for press 6. • press 6 is in dire need of replacement parts but USP has been unable thus far to locate a source for these parts . • cost for purchasing a new large press is $160,000 • Achieve jobs 50 % to 100 % faster than press 6, the payback period for a new large press would be one year.
  • 19. 2-Build new headquarters • company needs to have a strong corporate identity. • improve operating efficiencies. • Cost $4 million so too risky !! increase the company ’ s debt.
  • 20. 3-Pursue ISO 9000 certification • Customers assurance . • improve its processes . • $250,000 to $300,000 and would take one year to complete
  • 21. 4-Develop formal procedure for mixing inks • a highly specialized skill. • consumes 2 – 3 hours of the team leader ’ s time each day(annually $25.000). • focus on developing ink formulas to make this task:  more routine.  less specialized.  Subjective. • estimated cost $10,000.
  • 22. 5- Purchase and install equipment to produce four-color positives in - house • lead-time to have positives made by an outside supplier is typically one week and costs $1,500 to $6,000. • Estimated cost of purchasing the equipment is approximately $150,000 plus $25,000 for installation and training. • cost of producing positives in house are estimated to be $375 per job. • When produced in - house, the lead-time is approximately an hour - and - a half.
  • 23. 6- Purchase inkjet printers • six inkjet printers at a cost of $140,000 will provide the equivalent capacity of a new large screen printing press. • The major disadvantage is that compared to the screen printing process, the outdoor durability is more limited. • inkjet printers are more economical for small orders, while screen printing presses are more economical for large orders.
  • 26. Criteria • • • • Increase the trust between the incorporation Increase productivity Don’t cross the limited budget Risk management budget
  • 27. Recommended projects • • • • Purchase new large press Pursue ISO 9000 certifi cation Total Cost = $700.000 – $460.000 = $240.000 Risk managemnt cost : $240.000

Editor's Notes

  1. Project vs. non-Project : *
  2. Edit this slide !Edited …
  3. Three ImportantQuestions : 1- Is the project on time or early ? 2- Is the project on or under budget ? 3- Is the project delivering the agreed-upon requirement specifications ? These 3 elements the client agree when contracting the project .
  4. The example given in the book : Building a house …
  5. I0 : initial investment Ft : net cash flow in period t .k : required rate of return .n : # of periods .
  6. So , a big need must be there for FLEXABILITY & Wise Tradeoffs .