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BADM 318

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  1. BADM 318 Introduction to Project Management

  2. What is Project Management? • “The application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed shareholder needs and expectations from a project” – Project Management Institute (PMI)

  3. What is Project Management? • “A method and a set of techniques based on the accepted principles of management used for planning, estimating, and controlling work activities to reach a desired end result on time, within budget, and according to specification.” - Weiss and Wysocki, 1992

  4. What is Project Management? • “Maintaining cost, schedule and technical performance on a project.” - Santarossa, 2004

  5. What is Project Management? • “A systematic, risk management approach to proactively guide projects to improve chances of success”

  6. Originated from construction and engineering sectors

  7. Increasingly adopted by other sectors such as video game industry…

  8. …and the film industry.

  9. Extremely important in the IT sector…

  10. Can be very stressful!

  11. 1-5 It requires a unique blend of skills

  12. A whole new sector is opening up…

  13. Project junkie “A growing band of professional gypsies whose careers consist of a series of independent projects”

  14. PMI Project Mgmt. Institute

  15. PMI • More than 500,000 members • 170 counties • Most popular PM designation • Great for international work

  16. West Coast B.C. Project Management Association • Established in 1979 • PMBOK written by B.C. member • 700 members

  17. PM Careers in B.C. • Software development • Construction • Engineering • Environmental • Video game • Film

  18. Project characteristics • An established objective • A defined life span with a beginning and an end • Usually the involvement of several departments or people • Typically, doing something that has never been done before (unique) • Specific time, cost and performance objectives Source: Gray, 2004)

  19. Established objective

  20. Complex

  21. Unique

  22. Clear beginning…

  23. … and end

  24. On schedule

  25. On budget

  26. Requirements met

  27. Involvement of several departments or people

  28. Project examples

  29. 4-1 Project Management Tradeoffs

  30. General Project Phases

  31. Programs versus Projects • Program Defined • A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a goal. • A higher-level group of projects targeted at a common goal. • Example: • Project: completion of a required course in project management. • Program: completion of all courses required for a business major.

  32. Comparison of Routine Work with Projects Routine, Repetitive Work Taking class notes Daily entering sales receipts into the accounting ledger Responding to a supply-chain request Practicing scales on the piano Routine manufacture of an Apple iPod Attaching tags on a manufactured product Projects Writing a term paper Setting up a sales kiosk for a professional accounting meeting Developing a supply-chain information system Writing a new piano piece Designing an iPod that is approximately 2 X 4 inches, interfaces with PC, and stores 10,000 songs Wire-tag projects for GE and Wal-Mart TABLE 1.1

  33. Integrated Management of Projects FIGURE 1.3

  34. Project Life Cycle

  35. Traditional Approach Interactions

  36. Traditional ApproachProject Phases

  37. 7-1 Risk Event Graph

  38. Traditional Project Phases for a Construction Project

  39. Life Cycle Approach