120 likes | 212 Views
Learn how to manage and implement innovation in existing organizations through effective project management strategies. Explore examples such as new buildings, weapon systems, automotive projects, and more. Understand the key elements of project management, including team structures, planning, and control.
E N D
Project Management Mountain Group BA333 Spring 2001 Dr. Elfner
Project Management • Management of work to develop and implement an innovation or change in an existing organization • Examples: • New buildings • Weapon systems • Automotive, Ship, Aircraft • Planning a concert • New Products
Project Management • Elements • Project Team • Project Planning • Project Control
Project Team • Matrix Organization • Team structure with members from functional areas, depending on the skills required • Brings different members together- • Marketing • Engineering • Purchasing • Manufacturing • Quality Control • Suppliers
Project Planning • Objective(s) to be defined • Statement of Work • Written description of goals,work, and project time frame • Activity • Individual job or work that requires labor, resources, and time
Project Planning • Precedence Relationship • Sequential relationship of activities in a project • Project planning • Define project objective(s) • Identify activities • Establish precedence relationships • Make time estimates • Determine project completion time • Compare project schedule objectives • Determine resource requirements to meet objectives
Project Control • Control • Activities are identified • Activities are completed in order • Resource needs • Schedule changes and corrections • Main Goal – maintaining project schedule so project in on-time and close to budget
Project Planning • Project Network • Example: • New Sidewalk • Pg. 811 in Russell Taylor
Project Control • Work Breakdown Structure (WBS) • Method for project planning and control • Breaks down components, sub-components, activities, and tasks
Work Break Down Structure • Good way to identify activities and determine tasks • Helps identify relationships between modules and activities • Cancels out unnecessary duplication of activities
The Competitive Edge • Project Management Teams at IBM