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Fail-proof

your projectsVic Divecha, MSE, PMP

9/18/2014

MLibrary Project Management SIG

www.s l ideshare .ne t / rd ivecha/ fa i l - p roo f

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Should one bother with formal Project Management?

Yes, if you deal with…

❖ Creative assignments with high

reward, high risk, and political or

technological uncertainty

❖ Work that deals with change:

technology, culture, or process

❖ Project management,

entrepreneurship or consulting as

a profession

No, if…

❖ You have access to unlimited

resources

❖ You don’t anticipate dealing

with people who are allowed to

change their minds

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Learning Objectives

❖ You are here: Where is PM in the

management universe?

❖ Charters: Manage project risk at the outset

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Act I

Big picture, challenges, significance

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PROJECT

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Management Universe

A Guide to The Project Management Body of Knowledge (PMBOK) (2013)

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PMI’s Definition of a ProjectA project is a temporary

endeavor undertaken to

create a unique product,

service, or result.

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ProjectDeliverables Quality

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Can you find the triple constraint in 2 minutes?

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Act II

Understanding and managing project uncertainty at initiation

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1

2

3

Cost and Impactof Changing Timeline/Scope/Resources

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Nature of Risk & Uncertainty Over Project Life

PROGRESSIVE

ELABORATION

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know

ledge a

reasprocess groups

Initiating Planning Executing Monitor/Control Close

Scope

Time

Cost

HR

Quality

Communication

Integration,

Procurement,

Stakeholder

Mgmt

bit.ly/umichpmp A Guide to The Project Management Body of Knowledge (PMBOK) (2013)

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Act III

Belling the cat

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A Generic Charter

umich.box.com/charter: In MS Word, mouse over items to see definitions

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Sto

ry-c

ard

s

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Charters (Mostly) Prevent This

Fail-proofing at

initiation

Executive

Buy-in

Marshall Resources

LimitingLiability

Project

Charter

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ProjectDeliverables Quality

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❖ Network locally: pmi-hvc.org

❖ Visit Menlo in Downtown Ann Arbor

❖ Write a charter: umich.box.net/charter

❖ Connect:

❖ rdivecha@umich.edu

❖ Linkedin.com/in/vicdivecha

Thank You!

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Epilog

The beginning has ended

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Nature of Risk & Uncertainty Over Project Life

PROGRESSIVE

ELABORATION

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O Fortune,

like the moon

you are changeable,

ever waxing

and waning;

hateful life

first oppresses

and then soothes

as the sharp mind takes it;

poverty

and power

it melts them like ice.