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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
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
A project is a temporary endeavor
undertaken to create a unique product,
service or result
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)
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 ?
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?
Why do we need projects ?
To meet strategic business goals and objectives:
 Strategic opportunity
 Business needs
 Customer request
 Technological advance
 Legal requirements
The project boundaries
What is project management?
It is the application of:
 Knowledge
 Skills
 Tools
 Techniques
 To do project activities to meet project
requirements
Example
Relationship between project, program
and portfolio management
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
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
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
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
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
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
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
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
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
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
Main functions of a project manager
• Participate in project phase review
• Manage the change control process
• Report project status
Project manager’s sphere of influence
• Project
• The Organization
• The Industry
• Professional Discipline
• Across Disciplines
23
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
24
Project manager competences
• Comparison of leadership and management
• Leadership Styles
• Personality
25
Project VS Operations
Projects
 Projects require Project Management
 Temporary Undertakings
 Temporary Assignments
 Produce Unique Outputs
 Temporary Resourcing
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
Project VS Operations
Operations
 Operations require Business Process Management
or Operations Management
 Permanent Endeavors
 Ongoing nature of Operations
 Produce Repetitive Outputs
 Permanent Resource Assignments
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
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
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
Enterprise environmental factors
 Potential climate
 Political climate
 Established communication channels
 Commercial databases: cost, risk study / info
 Project management information systems (Blog)

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1-Introduction to PM.pptx

  • 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
  • 11. Relationship between project, program and portfolio management
  • 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 23
  • 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 24
  • 25. Project manager competences • Comparison of leadership and management • Leadership Styles • Personality 25
  • 26. Project VS Operations Projects  Projects require Project Management  Temporary Undertakings  Temporary Assignments  Produce Unique Outputs  Temporary Resourcing
  • 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)