1. What is a project ?
A project is a sequence of unique, complex and
connected activities having one goal or purpose that
must be completed by a specific time, wthin budget
and according to specification
A project is a complex, nonroutine, one-time effort
limited by time, budget, resources, and performance
specifications designed to meet customer needs
2. What is a project ?
Projects are ad hoc, resource-consuming activities
used to implement organizational strategies, achieve
enterprise goals and objectives, and contribute to
the realization of the enterprise‘s mission
3. A project is a temporary endeavor
undertaken to create a unique product,
service or result
4. A project can create
A product that can be either a component of another
item or an end item in itself
A capability to perform a service(e.g., a business
function that supports production or distribution)
A result such as an outcome or a document (e.g., a
research project that develops knowledge that can be
used to determine whether a trend is present or a
new process will benefit society)
5. Main features of a project
• It is a temporary endeavor undertaken.
• To create a unique product, service or result
• Temporary, therefore, has a start and an end
• End is reached when:
Objectives have been achieved
When objectives will not or cannot be met
Need for the project does no longer exist
• What can be the duration of a project ?
• What about the outcome of a project ?
6. Examples of projects
Effecting a change in the structure, staffing or style
of an organization
Developing or acquiring a new modified information
system (DAR)
Constructing a building or infrastructure (Motorway)
Implementing a new business process or procedure
(Cut down cost / material / HR)
Give examples of Projects in Pakistan / World?
7. Why do we need projects ?
To meet strategic business goals and objectives:
Strategic opportunity
Business needs
Customer request
Technological advance
Legal requirements
9. What is project management?
It is the application of:
Knowledge
Skills
Tools
Techniques
To do project activities to meet project
requirements
12. What is portfolio management ?
• A portfolio is a collection of projects or programs
and other work that are grouped together to
facilitate effective management of that work to
meet strategic business objectives
• The projects or programs in the portfolio may not
necessarily be interdependent or directly related
13. Examples of portfolio management
An infrastructure firm that has the strategic
objective of maximizing the return on its investments
may have a portfolio of:
Projects in oil & gas, Projects in power
Projects in water, Projects in roads
Projects in rail, Projects in airports
14. What is program management
• Program management is defined as a group of
related projects managed in a coordinated way to
obtain benefits and control not available from
managing them individually
• Programs may include elements of related work
outside the scope of the discrete projects in the
program
• A program will always have projects
15. What is program management
• It focuses on the project interdependencies and
help to determine the optimal approach for
managing them
• Resolve resource constraints & conflicts
• Aligning organizational direction
• Resolve issues and change management within a
shared governance structure
16. Example of a program management
A new communication satellite system:
Designing of a satellite and ground system
Construction of a satellite and ground station
Integration of the system
Launching of the satellite
17. Project management office (PMO)
• It is an organized body or entity assigned
coordinated management of projects under its domain
• It is the key decision maker during the beginning of
each project
• It is also responsible for the selection, management
and deployment of shared or dedicated project
resources
18. Functions of PMO
• Managing shared resources
• Identifying & developing project management
methodology, best practices and standards
• Coaching, monitoring, training and oversight
• Monitoring compliance project audits
• Developing & managing project policies, procedures,
templates and other standard documentation?
• Coordinating communication across projects
19. Project manager
• Focuses on a specific project objective
• Controls resources to best meet project objectives
• Manages the constraints (scope, schedule, cost,
risk, human resources and quality etc) of individual
project
20. Main functions of a project manager
• Define scope of project
• Identify stakeholders & Leadership (decision
makers: Client, Parent organization, Project Team,
Publics)
• Evaluate project requirements
• Develop detailed task list (work breakdown,
structures)
• Develop initial project management flow chart
21. Main functions of a project manager
• Estimate time requirements
• Identify cost estimation and budget
• Identify required resources and evaluate risks
• Prepare contingency plan
• Identify interdependencies
• Identify and track critical milestones
• Secure needed resources, manpower
22. Main functions of a project manager
• Participate in project phase review
• Manage the change control process
• Report project status
23. Project manager’s sphere of influence
• Project
• The Organization
• The Industry
• Professional Discipline
• Across Disciplines
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24. Project manager competences
• Technical project management skills
• Strategic and business management skills
• Leadership skills
• Dealing with people
• Qualities and skills of a leader
• Politics, power, and getting things done
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27. Project VS Operations
Projects
Execute according to Project Management Plan
developed for project life cycle
Obtain objectives and then terminate
Concludes when its specific objectives have been
28. Project VS Operations
Operations
Operations require Business Process Management
or Operations Management
Permanent Endeavors
Ongoing nature of Operations
Produce Repetitive Outputs
Permanent Resource Assignments
29. Project VS Operations
Operations
Execute as per standards (SOPs) institutionalized
in product life cycle
Sustain the business
Adopt a new set of adjectives and the work
attained continues
30. Project Vs Operation interaction
Projects can intersect with operations at various
points during the product life cycle:
At each closeout phase
When developing a new product, upgrading a
product, or expanding outputs
Improvement of operations or the product
development process
31. Enterprise environmental factors
Organizational culture, structure & processes
Government or industry standards
Infrastructure: Existing facilities and capital
equipment
Existing human resource
Marketplace conditions
Stakeholder risk tolerance
32. Enterprise environmental factors
Potential climate
Political climate
Established communication channels
Commercial databases: cost, risk study / info
Project management information systems (Blog)