Technological Educational Institute of Larissa Project Management and the 9 knowledge areas.

1. Technological Educational Institute of Larissa Project Management and the 9 knowledge areas.

2. What Is Project Management ?? Project Management is the application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project. Meeting or exceeding stakeholders needs and expectations involves balancing competing demands along with: • Scope, time, cost, and quality. • Stakeholders differing needs and expectations. • Identifying requirements (needs) and unidentified requirements (expectations). The term project managementis sometimes used to describe an organizational approach to the management of ongoing operations. This approach is called “The management of projects.” It treats many aspects of ongoing operations as projects in order to apply project management to them. An understanding of project management is critical to organizations that manages projects.

3. Project Integration Management Project Plan Development – taking the results of the planning processes and putting them into a consistent and coherent document. Project Plan Execution – carrying out the project plan by performing the activities included within. Overall Change Control – coordinating changes across the entire project.

4. Project Scope Management Initiation – committing the organization to begin the next phase of the project. Scope Planning – developing a written scope statement as the basis for future project decisions. Scope Definition – subdividing the major project variables into smaller, more manageable components. Scope Verification – formalizing acceptance of the project scope Scope Change Control – controlling changes to project scope.

5. Project Time Management • Activity Definition – identifying the specific activities that must be performed to produce the various project variables. • Activity Sequencing – identifying and documenting interactive variables. • Activity Duration Estimating – estimating the number of work periods which will be needed to complete individual activities. • Schedule Development – analyzing activity sequences, activity durations, and resource requirements to create the project schedule. • Schedule Control – controlling changes to the project schedule.

6. Project Cost Management • Resource Planning – determining what resources (people, equipment, materials) and what quantities should be used to perform project activities. • Cost Estimating – developing an approximated (estimate) cost of the resources required to complete project activities. • Cost Budgeting – allocating the total estimated cost to individual work items. • Cost Control – controlling changes to the project budget.

7. Project Quality Management • Quality Planning – identifying relevant quality standards to the project and determining how to satisfy them. • Quality Assurance – evaluating overall project performance on a regular basis to assure that the project will satisfy the relevant quality standards. • Quality Control – monitoring specific project results to determine if they comply with relevant quality standards and identifying ways to eliminate causes of unsatisfactory performance.

8. Project Human Resource Management • Organizational Planning – identifying, documenting, and assigning project roles, responsibilities and reporting relationships. • Staff Acquisition – Assigning relevant human resources to work on the project. • Team Development – developing individual and group skills to enhance project performance.

9. Project Communications Management • Communications Planning – determining the information and communications needs of the stakeholders: who needs what information, when will they need it, and how will it be delivered to them. • Information Distribution – making needed information available to project stakeholders in a timely manner. • Performance Reporting – collecting and communicating performance information. This includes status reporting, progress measurements, and forecasting. • Administrative Closure – generating, gathering, and communicating information to formalize phase or project completion.

10. Project Risk Management • Risk Identification – determining which risks are likely to affect the project and documenting the characteristics of each. • Risk Quantification – evaluating risks and risk interactions to assess the range of possible project outcomes. • Risk Response Development – defining enhancement steps for opportunities and responses to threats. • Risk Response Control – responding to changes in risk over the course of the project.

11. Project Procurement Management • Procurement Planning – determining what to procure and when. • Solicitation Planning – documenting product requirements and identifying potential sources. • Solicitation – obtaining quotations, bids, offers, or proposals as appropriate. • Source Selection – choosing potential sellers. • Contract Administration – managing the relationship with the seller. • Contract Close-out – completion and settlement of the contract, including resolution of any open items.

12. Economy and Production Needs – General Project Aspect • Constructive projectsMechanical & Managerial Organizationand support • Information Technology projects • Other projects (Low or High scale) New product development Development Programs Materialization Integrated Systems Installation New procedures and working methods • Management by Project Executive managerial staff

13. Specifically, graduates of the department are expected to: • Apply analytical methodologies. • Apply up to date technology and scientific practices in the management of project activities. • Be an effective decision maker. • Have the knowledge for developing and applying practices and procedures for controlling the project activities and the overall project. • Select and introduce the usage of Information Technology and up to date management tools effectively. • Undertake special project management studies and present proposals to public authorities and corporate upper management.

14. Career Opportunities Department graduates are expected to have acquired all necessary scientific knowledge and technological skills and abilities to function as project administrators and managers in the private or public sector.

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