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Transcript of Project Management
Monitoring and controlling
Understanding the risk
Keeping stakeholders up to date
Lessons to learn.
International Social Responsibility
Projects require changes from time to time
1.Develop a Business Case
2.Undertake a Feasibility Study
3.Establish the Project Charter
4.Appoint the Project Team
Job description: necessary competencies, roles...
5.Perform Project Review
Description of the business problem or opportunity
Costs and benefits of each alternative solution
Recommended solution for approval
An analysis of the viability of the project
Types of feasibility:
Review of all initiation activities
It will condition the entire project
Is the 1st phase in the Project Management Life Cycle
Processes performed to complete the work defined in a project management plan to satisfy the project specifications
Direct and manage
Acquire project Team
Develop project team
Manage project team
Create a Project plan
Identify all of the phases, activities and tasks
Sum up the effort needed to complete those tasks
Document all of the project inter-dependencies
List the planning assumptions and constraints
Create a detailed project planning schedule
What is a resource plan?
Summarizes the level of resources needed
Specify the exact quantities of labor, equipment and materials needed
Helps you gain approval from your Sponsor
Create a Financial plan
Calculating the total cost involved in completing the project
Identifying the total cost of each project activity
Creating a schedule of expenses
Enables you to agree a set of quality targets with your customer
Quality Assurance Plan
Quality Control Plan
Identify risks within your project
Categorize and prioritize each risk
Determine the likelihood of the risks occurring
Identify the impact on the project if risk does occur
Creating a full list of all project deliverables
Listing the criteria for gaining customer acceptance
Putting in place, acceptance standards to be met
Helps to communicate the right information
Inform your stakeholders
Describes goals and activities
Define the items you need to procure
Define the process for acquiring those items
Schedule the time-frames for delivery
Create a Statement of Work
Project Phase Review
Project is under schedule and within budget
Deliverables have been produced and approved
Risks have been controlled and mitigated
Issues have been resolved
Project is on track
A project is a temporary group activity designed to produce a unique product, service or result. It is temporary as it has a clearly defined beginning and end point.
Project management, is the application of knowledge, skills and techniques to execute projects effectively and efficiently. It is a strategic competency for organizations, enabling them to tie project results to business goals — and thus, better compete in their markets.
History of Project Management
Project Management is when humans organize effectively to a plan and achieve specific objectives.
A project manager is the person who has the overall responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project.
2. 5 Process Areas of Project Management
1. Project description
3. Vision and objectives
Define suppliers needs
Inform supplier about your procurement process
Selecting one or more preferred suppliers