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Understanding Project Management: Key Concepts and the Wright State Trebuchet Project

This document provides a comprehensive overview of project management concepts, focusing on the distinctions between projects and operations. It elucidates the life cycle of the Trebuchet Project at Wright State University, detailing phases such as initiation, definition, planning, execution, and closure. Key features of successful projects—meeting customer requirements, staying within budget, and adhering to timelines—are highlighted. The text emphasizes the importance of managing resources, scope, and time while monitoring project processes to achieve desired outcomes.

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Understanding Project Management: Key Concepts and the Wright State Trebuchet Project

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Presentation Transcript

  1. Introduction to Project Management

  2. What is a project? • What are the differences between projects and operations? • Operations are Ongoing and Tasks are Well-Defined • Lessons, notes, tests, lab reports. • Projects are Temporary and Tasks are Unique • Compete in the Wright State University Trebuchet Project Life CycleTrebuchet contest

  3. Meet or Exceeds Expectations on Rubric Equipment and team ready for competition On or under budget JT is happy ! What is a successful project? • Customer Requirements satisfied/exceeded • Completed within allocated time frame • Completed within allocated budget • Acceptance by the customer

  4. What is Project Management? • Project Management is the application of skills, knowledge, tools and techniques to meet the needs and expectations of stakeholders for a project • Predict and prevent, NOT recognise and react • Manage the “Triple Constraint” • Scope/Requirements • Cost/Resources – People, Money, Tools • Schedule/Time

  5. Trebuchet Project Lifecycle • Start project • Initiation Phase • Definition Phase • Planning Phase • Execute & Monitor Project • Implementation Phase • Deployment Phase • Close Project • Closing Phase

  6. Start Project Processes • Initiation Phase: Define the need • Enter one full team in the Spring 2012 Trebuchet contest at Wright State University • Definition Phase: Define Project Scope and Requirements • Trebuchet competition design and contest rules • Planning Phase • Determine Roles and responsibilities • Define Work Breakdown Structure • Develop Project Schedule and Budget

  7. Execute & Monitor Project Processes • Implementation Phase • Design, build and test trebuchets • Train competition team and practice strategies • Make weekly project reports • Deployment Phase • Compete at Wright State!

  8. Closing Process • Lessons Learned • Final Project Report

  9. Questions?

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