1 : The Management of Construction Projects

1. 1 : The Management of Construction Projects Between the idea And the reality… Between the conception And the creation Falls the Shadow T. S. Eliot I : Introduction © Graham M Winch

2. Module Objectives • to provide a synthesis of learning on the management of construction projects • to present the discipline as a whole, rather than a set of disparate parts • to provide framework for professional engagement with the management of construction projects • to make you think! I : Introduction © Graham M Winch

3. The Management of Construction Projects • projects as the creation of new value • the project as an information processing system • project management and the management of projects • projects and resource bases • the five generic project processes • relationship to PM bodies of knowledge I : Introduction © Graham M Winch

4. Projects as the Creation of New Value • the dynamism of modern society • the role of deliberate change • most deliberate change involves construction • creating new assets for exploitation • private gain • public good • the new value creation cycle I : Introduction

5. The New Value Creation Cycle profits financial resources new value firm firm firm human resources learning NEW VALUE CREATION I : Introduction

6. The Project as an Information Processing System • all organisations are information processing systems • the heart of any business process • flows are enabled by structure; structure is shaped by flows • the river analogy • the definition of uncertainty • the lack of information required for a decision I : Introduction

7. The Definition of Uncertainty uncertainty amount of information required for the decision amount of information available I : Introduction

8. The Definition of Uncertainty • two sources • complexity • predictability • two modes • mission • dynamic • the dynamic reduction of uncertainty through time I : Introduction

9. The Dynamic Reduction of Uncertainty Through Time inception completion NONE ALL mission uncertainty : amount of information required dynamic uncertainty amount of information possessed certainty ALL NONE 0 TIME I : Introduction

10. Project Management and the Management of Projects • project management as organisational innovation • project management as “tools and techniques” • total process and the “management of projects” I : Introduction

11. Projects and Resources Bases • projects as temporary organisations • projects as mobilisers of capital and human resources • resources bases as the holders of resources • the “project coalition” • common aims and divergent interests • firms and portfolios of projects I : Introduction

12. Projects and Resource Bases PROJECTS RESOURCE BASES I : Introduction

13. The Five Generic Project Processes • defining the project mission • mobilising the resource base • riding the project life-cycle • leading the project coalition • maintaining the resource base I : Introduction

14. Relationship to Bodies of Knowledge • International Project Management Association • Association for Project Management • Project Management Institute • bodies of knowledge • the professionalisation process • relationship of course to • APM PMBoK • PMI PMBoK I : Introduction

15. APM PMBoK I : Introduction

16. PMI PMBoK