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Introduction To Project Management. Unit 1. What is a Project?. temporary endeavor undertaken to create a unique product, service, or result. Project Characteristics. Temporary Unique Product, Service, Result Deliverable Progressive Elaboration Interrelated steps

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what is a project
What is a Project?

temporary endeavor undertaken to create a unique product, service, or result

project characteristics
Project Characteristics
  • Temporary
  • Unique Product, Service, Result
    • Deliverable
  • Progressive Elaboration
    • Interrelated steps
    • Clearly defined scope and objective
project attributes cont
Project Attributes (cont)
  • Requires Resources
  • Primary Sponsor/Customer
  • Uncertainty
projects vs operational work
Projects vs. Operational Work
  • Temporary/unique vs. Ongoing/Repetition
  • Projects
    • Reach objective, then terminate
  • Work
    • Reach objective, then new set of objectives
strategic planning
Strategic Planning
  • Projects integral part because of
    • Market Demands
    • Organizational Need
    • Customer Request
    • Technical Advancement
    • Legal Requirements
what is pm
What is PM?

Application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project

pm processes
PM Processes
  • Initiating
  • Planning
  • Executing
  • Monitoring and Controlling
  • Closing
core knowledge
Core Knowledge
  • Scope Management
    • define/manage all required work successfully
  • Time Management
    • Estimating length of time to complete work, develop acceptable schedule, ensure timely completion
core knowledge cont
Core Knowledge (cont)
  • Cost Management
    • prepare/manage project budget
  • Quality Management
    • ensure project will satisfy stated or implied needs for which it was undertaken
facilitating knowledge
Facilitating Knowledge
  • HR Management
    • make effective use of people involved
  • Communications Management
    • generate, collect, disseminate, and store project information
facilitating cont
Facilitating (cont)
  • Risk Management
    • identify, analyze, and respond to related risks
  • Procurement Management
    • acquire or procure goods and services needed from outside the organization
  • Integration Management
    • Identify, define, combine, unify, coordinate processes and activities

9 Knowledge Areas

Scope Mgmt.

Time Mgmt.

Cost Mgmt.

Quality Mgmt.

Project Success

Project Management Integration

HR Mgmt.

Comm. Mgmt

Risk Mgmt.

Procure Mgmt.

areas of expertise for project manager and team
Areas of Expertise forProject Manager and Team
    • Life Cycle, Processes, Knowledge Areas
  • Application Area Knowledge
    • Functional, Technical, Industry
  • Project Environment
    • Social, Cultural, Political, Physical
  • General Management Skills
  • Interpersonal Skills
    • Communication, Leadership, Negotiation, Motivation, Get things done
project triple constraint
Project Triple Constraint
  • Scope
    • What is the project trying to accomplish?
  • Time
    • How long should it take?
  • Cost
    • What should it cost to complete project?
fourth constraint
Fourth Constraint
  • Customer Satisfaction
    • Complete the scope
    • Within budget
    • By a certain time

Without customer satisfaction, the project fails.

The ultimate responsibility of the project manager is to make sure the customer is satisfied.

other constraints
Other constraints
  • Quality
  • Unforeseen circumstances
    • Goal is to prevent, anticipate and/or overcome problems that prevent meeting project objective (scope, cost, schedule)
    • Good planning and communication are essential
other terms
Other Terms
  • Programs
    • Groups of related projects
  • Portfolio
    • Collection of programs/projects group together to facilitate management
  • Sub-Projects
    • Manageable pieces or phases
  • Project Management Office (PMO)