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Content
Introduction to Project Management
Define project management
Phases of project Management
Preparing Project Charter
Project management triangle
Project management tools & technique
Baseline program(Levels of Schedule)
Earned Value Management.
Conclusion
Saturday, September 16, 2023

Introduction
to Project
Management
• Utilization of Human,
financial& material resources
to ensure that projects are
completed with scope, time &
budget.
• Systematic approach to
coordinate the activities of
multiple individual ,groups,
teams& functions to achieve a
certain goal within
constraints.

Definition of Project
management
 At its core, project management is the application of knowledge,
skills, tools, and techniques to plan, execute, monitor, control,
and close projects. It's a structured approach that enables
organizations to bring ideas to life, deliver products and services,
and drive innovation.

Phases of
Project
Management
Initiation: Defining project goals and scope, Identifying
stakeholders
Planning: Developing a comprehensive Project Execution Plan,
Defining project scope and deliverables, Creating Work
Breakdown Structure (WBS). Establishing project sequencing
and milestones.
Execution: Actively managing project tasks and resources.
Monitoring progress against the plan. Addressing any issues or
changes
Monitoring and Controlling: Comparing actual progress to
planned progress. Taking corrective actions,Ensuring adherence
to project scope, time, and cost
Closing:Delivering final project outputs, Conducting project
reviews and lessons learned.

Project Charter
 Project Title and Description:
 Clearly state the name of the project and provide a brief overview of
its purpose and goals.
 Project Objectives:
 Define the specific outcomes the project aims to achieve.
 Ensure objectives are SMART (Specific, Measurable, Achievable,
Relevant, Time-bound).
 Project Scope:
 Clearly outline what is included and excluded from the project.
 Define the boundaries and limitations of the project's deliverables

Continue fromslide5
 Stakeholder Identification:
 List all key stakeholders involved in the project.
 Identify their roles, responsibilities, and expectations.
 High-Level Risks and Assumptions:
 Identify potential risks and assumptions that may impact the project.
 These will be further detailed in the project's risk management plan.
 Project Budget and Resources:
 Provide an initial budget estimate and outline the resources
required.
 This will help set expectations and secure necessary resources.

Continue from slide 6
 Project Timeline:
 Provide a high-level overview of the project schedule.
 Indicate important milestones and target completion dates.
 Project Manager Assignment:
 Specify the project manager's role and responsibilities.
 Assign authority and decision-making responsibilities.
 Approval and Sign-off:
 Include space for relevant stakeholders to provide their approval
and sign-off.

Project Management Triangle
 The project management triangle illustrates the three main
constraints that project managers must balance:
1.Scope: The work that needs to be done.
2.Time: The schedule and deadlines.
3.Cost: The budget and resources available.

Project Management
Technique
 There is 2 major technique in project management ie CPM(Critical
path Method) & PERT(Program evaluation Review Technique.
1. The Critical Path Method (CPM) is a project management technique that's primarily based on determining the critical
path, which is the sequence of activities that determine the project's earliest possible completion date. CPM focuses
on scheduling and resource management to ensure projects are completed efficiently and within the specified
timeframe. CPM is particularly useful for projects with well -defined activities and relatively certain durations.
2. The Programme Evaluation Review Technique (PERT) is a project management technique that's primarily based on estimating
the time required to complete project activities, particularly in scenarios where there's uncertainty about the exact duratio n of
each activity. PERT was developed in the late 1950s to manage complex and non -routine projects, often involving large -scale
endeavors like research and development, construction, and other high -risk ventures.

Baseline schedule & its levels
 A baseline construction schedule is a critical component of project
management in the construction industry. It serves as a reference point against
which project progress is measured. This presentation will define the baseline
construction schedule and explore its different levels: L1, L2, and L3.

Earned Value Management
 An S-curve is a graphical representation commonly used in Earned Value
Management (EVM) to illustrate the planned, earned, and actual progress of a
project over time. It's a valuable tool for monitoring and comparing planned,
actual, and forecasted project performance. Below, I'll describe how to create
an S-curve for EVM with the key components you mentioned: Planned Value
(PV), Earned Value (EV), Actual Cost (AC), Estimate to Complete (ETC), and
Estimate at Completion (EAC).

Earned Value Management

Conclusion
 Through meticulous planning, thoughtful execution, and
continuous monitoring, project management ensures that projects
are completed on time, within budget, and to the highest quality
standards. As we conclude our exploration of project
management.

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