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1 INTRODUCTION TO PROJECT MANAGEMENT FRAMEWORK Prepared continuing steadily by increments. nElaborated: worked out with care developed thoroughly. Definition Of A Project (Contd) 4 Projects vs Operations o Similarities between Projects and Operations nBoth performed by people (even 1 person). nBoth are constrained by resources. nBoth are planned, executed and controlled. nBoth are done for a purpose and have interrelated activities o Differences between Projects and Operations nOperations are on going and repetitive. n Projects are temporary endeavor undertaken to create unique nproducts or services that are progressively elaborated. 5 What is Project Management? oThe application of knowledge, skills, tools, and techniques to project activities in order to meet stakeholder needs and expectations. o Managing a project includes: nIdentifying requirements nEstablishing clear and achievable objectives nBalancing the competing demands for quality, Scope, Time and Cost nAdapting the specifications, plans and approach to the different concerns of the stakeholders. 6 Understanding Project Management o “The art of effectively directing and coordinating human and non-human resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality and customer satisfaction.” nDo it nDo it right nDo it right now vManaging by projects: treats many ongoing operations as projects to apply project management methodology 7 Projects and Strategic Planning o Projects are often utilized as a means of achieving an organizations strategic plan. o Projects are typically authorized as a result of one or more of the following strategic considerations: nA market demand nAn organizational need nA customer request nA technological advance nA legal requirement 8 Areas of Expertise 9 Application Area Knowledge oStandards and Regulations: nA STANDARD is a “ document approved by a recognized body, that provides, for common and repeated use, rules, guidelines, or characteristics for products, processes or services with which compliance is not mandatory. “ There are numerous standards in use covering everything from thermal stability of hydraulic fluids to the size of computer diskettes ”. nA REGULATION is a “ government-imposed requirement, which specify product, process or service characteristics, including the applicable administrative provisions, with which compliance is mandatory.” Building codes are an example of regulations. 10 Application Area Knowledge oFunctional departments and supporting disciplines: nLegal nmarketing nLogistics nHR mediation and arbitration are two types of assisted negotiation. project staff are likely to negotiate for any or all of the following: o Scope, cost, and schedule objectives. o Changes to scope, cost, or schedule. o Contract terms and conditions. o Assignments. o Resources. Interpersonal Skills (contd) 16 nProblem solving: involves a combination of problem definition and decision making. It is concerned with problems that have already occurred (as opposed to risk management that addresses potential problems). oProblem Solving: Problem definition requires distinguishing between causes and symptoms. oDecision making: includes analyzing the problem to identify viable solutions, and then making a choice from among them. Decisions also have a time element to themthe “right” decision may not be the “best” decision if it is made too early or too late. Interpersonal Skills (contd) 17 nInfluencing the Organization: it involves the ability to “get things done.” It requires an understanding of both the formal and informal structures of all the organizations involvedthe performing organization, the customer, contractors, and numerous others as appropriate. Influencing the organization also requires an understanding of the mechanics of power and politics. nMotivation: Energizing people to achieve high levels of performance and to overcome barriers to change Interpersonal Skills (Contd) 18 Project Management Context o Sub-projects: Components of a project that are often contracted out o Program: Consists of a group of projects supporting broad and general goals managed in a coordinated way o Portfolio: is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. The projects or programs in the portfolio may not necessarily be interdependent or directly related. Funding and support can be assigned on the basis of risk/reward categories, specific lines of business, or general types of projects, such as infrastructure and internal process improvement. PMBOK 2004 19 What is the PMO oThe Project Management Office (PMO) is an organizational structure that supports the Project Managers mainly in three ways: nBack office for the project managers oAdministration & coordination of all resources across the projects oCentral office for operation and management of project tools, such as project management SW oAll Project Administrators are under the management of the PMO oAll project documentation are administered & filed by the PMO oCentral coordination of communication management across projects oEnsuring that all work performed is both authorized & funded by contractual documentation. 20 What is the PMO (contd) nMentoring & Controlling platform for the Project Managers oIdentification & development of project management methodology, best practices, standards, policies, procedures, templates Centralized repository for both shared and unique risks for all projects oIdentification & development of lesson learned database oCentral monitoring of all project timelines, budgets & risks oCoordination of overall project quality standards between the project manager & any internal or external quality personnel nAct as Program Manager oManages major program scope changes ooptimizes the use of shared organizational resources across all projects. omanages overall risk, overall opportunity, and the interdependencies among projects. oprovides consolidated reporting and an enterprise view of projects 21 Definitions of Project Management Maturity & Excellence oMaturity in project Management is the implementation of a standard methodology & accompanying processes such that there exists a high likelihood of repeated successes. oOrganizations excellent in project management are those that create the environment in which there exists a continuous stream of successfully managed projects & where success is measured by what is in the best interest of both the company & the project. 22 Question 1 oFour project managers are having lunch together and discussing their projects. Most of the time they are just complaining about how hard projects are to manager in their company. Others talk about how hart it is to get people to cooperate and perform. One project manager wants to focus on the advantages of the matrix type organization they all work in for their projects. Which of the following would he mention? A. Improved project manager control over resources B. More than once boss for project teams C. Communications are easier D. Reporting is easier 23 Answer A o Remember that if the question doesnt state what it is comparing to, it is comparing to a functional organization. 24 Question 2 o Two project managers have just realized that they are in a weak matrix organization and that their power as project managers is quite limited. One figures out that he is really a project expediter and the other realizes he is really a project coordinator. How is a project expediter different from a project coordinator? A. The project expediter cannot make decisions. B. The project expediter can make more decisions. C. The project expediter reports to a higher-level manager. D. The project expediter has some authority. 25 Answer A o The project coordinator reports to a higher-level manager and has authority to make some decisions. The project expediter has no authority to make decisions 26 Question 3 o In a projectized organization the project team: A. Reports to many bosses. B. Has no loyalty to the project. C. Reports to the functional manager. D.Will not always have a “home.” 27 Answer D o The main drawback of the projectized organization is that at the end of the project, the team is dispersed but they do not have a functional department (home) to which to return. 28 Question 4 oA project manager is trying to complete a software de
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