Introduction to Project Management
2 likes1,195 views
This document discusses key aspects of project management. It begins by defining a project as a temporary endeavor undertaken to create a unique product or service. It then defines project management as the discipline of planning, organizing, securing, and managing resources to achieve specific goals. Finally, it outlines the nine knowledge areas of project management: project integration management, project scope management, project time management, project cost management, project quality management, project human resource management, project communications management, project risk management, and project procurement management.
Introduction to Project Management
- 1. Chapter One The World of Project Management I am Akin Shokunbi
- 2. What Is a Project? “A temporary endeavor undertaken to create a unique product or service.”* Term Means that a Project temporary Has a beginning and end endeavor Involves effort, work to create Has an intention to produce something (project "deliverables" unique One of a kind, rather than a collection of identical items product Tangible objects, but could include things like computer software, film or stage works service Might include the establishment of a day-care center, for instance, but not its daily operations. Akin Shokunbi
- 3. What Is Project Management ? Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. Project management is the science (and art) of organizing the components of a project Akin Shokunbi
- 4. Figure 1-1: Performance, Cost, and Time Project Targets Akin Shokunbi
- 6. The Triple Constraint Time Cost OR, IN Quality/Scope PLAIN ENGLISH Fast Cheap Good Akin Shokunbi
- 7. Triple Constraint Trade-Offs Cost Quality/Scope Constraint Required Adjustment Alternatives (One or Change Combination of Both) Shorter Time Higher Cost Reduced Quality or Narrowed Scope Reduced Cost More Time Reduced Quality or Narrowed Scope Higher Quality or More Time Higher Cost Increased Scope Akin Shokunbi
- 8. Triple Constraint: Setting Priorities Priority Matrix Constraint 1 2 3 Measurement Time Cost Quality/Scope •Must be set by customer and sponsor near startup. •May change over time, but a change is a significant event! Example of a Comple te d Priority Matrix for a Construction Proje ct Constraint 1 2 3 Measurement Building must be completed by Time X October 31 of this year to accommodate corporate move. Costs for the project must not Cost X exceed $22.5 million. Must provide workspace for 120 call Quality/Scope X center staff. If these are the established priorities and measurements, what are some of the implications for the project if the project starts running late or shows signs of exceeding budget? Akin Shokunbi
- 9. What uncertainties are encountered in project management? Time required to complete a project Availability of key resources Cost of resources Timing of solutions to technological problems Actions taken by competitors Akin Shokunbi
- 10. Can uncertainty surrounding projects ever be eliminated? No, but it can be managed Akin Shokunbi
- 11. Program A Program is a group of projects managed collectively. This projects could be inter-related or inter-dependent Akin Shokunbi
- 12. Program management Program management or programme management is the process of managing several related projects This is usually done by top ranking officers of an organization most times The C.E.O,The C.I.O etc. They are called Program Manager. Akin Shokunbi
- 13. The Project Management Knowledge Areas 1.Project Integration Management 2.Project Scope Management 3.Project Time Management 4.Project Cost Management 5.Project Quality Management 6.Project Human Resource Management 7.Project Communications Management 8.Project Risk Management 9.Project Procurement Management Akin Shokunbi
- 14. #1—Project Integration Management Bringing it All Together: Building the Project Plan Project Execution Integrated Change Control Project Management “Nerve Center” Akin Shokunbi
- 15. #2—Project Scope Management Staying Vigilant in Defining and Containing Scope throughout the Project Project Initiation Scope Planning Scope Definition Scope Verification Scope Change Control Akin Shokunbi
- 16. #3—Project Time Management Determining What Gets Done and When through: Activity Definition Activity Sequencing Activity Duration Estimating Schedule Development Schedule Control Akin Shokunbi
- 17. #4—Project Cost Management Planning for Resources Estimating Costs Creating the Budget Managing/Controlling the Budget Akin Shokunbi
- 18. #5—Project Quality Management Quality Planning Quality Assurance Quality Control Akin Shokunbi
- 19. #6—Project Human Resource Management Organizational Planning Staff Acquisition Team Development Akin Shokunbi
- 20. #7—Project Communications Management Keeping Stakeholders Informed (and Involved!) Communications Planning Dissemination of Information Progress Reporting Administrative Closure Akin Shokunbi
- 21. #8—Project Risk Management Expect the Unexpected! Risk Management Planning Risk Identification Qualitative Risk Analysis Quantitative Risk Analysis Risk Response Planning Risk Management and Control Akin Shokunbi
- 22. #9—Project Procurement Management For Projects Using Outside Resources: Procurement Planning Solicitation Planning Solicitation Source Selection Contract Administration Contract Closeout Akin Shokunbi
- 23. Akin Shokunbi
- 24. Akin Shokunbi