BMGN N470 Lecture 1-PM Definition

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    BMGN N470Project Management

    Introduction

    Lecture 01

    Dr. Catalin Popa 

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    What Is a Project?

    A project is “a temporary endeavor undertaken tocreate a unique product ser!ice or resu"t#$ 

     %Operations& is 'ork done to sustain the (usiness#

    A project ends 'hen its o(jecti!es ha!e (eenreached or the project has (een ter)inated#

    A project can (e "ar*e or s)a""

    A project can take a short or "on* ti)e to co)p"ete#

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    +

    Routine Repetitive !or"  

    ,akin* c"ass notes

    -ai". enterin* sa"es receiptsinto the accountin* "ed*er

    /espondin* to a supp".chainreuest

    Practicin* sca"es on the piano

    /outine )anuacture o an

    App"e iPod

    Attachin* ta*s on a)anuactured product 

    Projects

    Writin* a ter) paper

    3ettin* up a sa"es kiosk or aproessiona" accountin*)eetin*

    -e!e"opin* a supp".chaininor)ation s.ste)

    Writin* a ne' piano piece

    -esi*nin* an iPod that is

    approi)ate". 2 5 4 inchesinteraces 'ith P6 and stores10000 son*s

    Wireta* projects or G andWa"Mart 

    6o)parison o Routine !or" 'ith Projects

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    Major 6haracteristics o a Project

    8as an esta#lis$ed o#jective#

    8as a deined li%e span 'ith a (e*innin* and an end#

    /euires acrosstheor*ani9ationa"participation#

    In!o"!es doin* so)ethin* ne!er (een done

    (eore# 8as speci%ic time cost and

    per%ormance reuire)ents#

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    What Is a Project?

    : Project is a temporary endea!or undertaken tocreate a unique product or service#; &emporary< project has a deinite (e*innin* and end# ,he duration )a.

    !ar. ro) one da. to e!en e' .ears ; (ut u"ti)ate". a"" projects )ust

    either )eet their o(jecti!es or (e ter)inated# !en thou*h projects arete)porar. the product or ser!ice created (. the project )a. ar out"astthe projects the)se"!es#

    ; 'nique product or service< a"" projects create so)ethin* uniue 'hichhas ne!er (een created (eore#

    ; Progressively ela#orated< (ecause the project creates a uniueproduct or ser!ice the detai"ed characteristics o the product or ser!iceare not kno'n in ad!ance ; it has to (e deined in steps#

    ; (oal =)easura("e>!eriia("e#

    ; Requires resources oten ro) !arious areas#

    ; 3hou"d ha!e a pri)ar. customer or sponsor#

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    What is a Project?

    A co)p"e nonroutineoneti)e eort limited #y

    time #udget resources andper%ormance speci%icationsdesi*ned to )eet custo)er

    needs#

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    Project ie 6.c"e

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    Project Mana*e)ent ie 6.c"e:  Initiation) *coping t$e Project ; Identi. pro("e)s opportunities *oa"sresources success criteria risks and o(stac"es#

    :  Planning) Develop a Detailed Plan ; Identi. esti)ate duration and resourcethe acti!ities prepare proposa"#

    :  +,ecuting)Launc$ingrecruit and or*ani9e tea) schedu"e and docu)ent 'ork

    :  Monitoring - Controlling Progress esta("ish pro*ress reportin* chan*e contro"

    too"s )onitor pro*ress a)end p"an#

    :  Closing  o(tain c"ient acceptance insta"" de"i!era("es co)p"ete docu)entationposti)p"e)entation report issue ina" project report#

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    Projects and Pro*ra) Mana*ers

    Project )ana*ers 'ork 'ith project sponsors projecttea)s and other peop"e in!o"!ed in projects to )eetproject *oa"s#

    Program< “A group o% related projects )ana*ed ina coordinated 'a. to o(tain (eneits and contro" nota!ai"a("e ro) )ana*in* the) indi!idua"".#$C

    Program managers o!ersee pro*ra)s and oten act

    as (osses or project )ana*ers#

    *PMI, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) (2004), p. 16.

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    ,he ,rip"e 6onstraint

    !er. project is constrained in dierent'a.s (. its<

    *COP+ *oa"s< What will be done?

    &IM+ *oa"s< How long will it take to do it ?

    CO*& *oa"s< How much should it cost ?

    It is the PM&s dut. to (a"ance these +otenco)petin* *oa"s#

    http>'''#.outu(e#co)>'atch?!DjW5EWFncs0

    http://www.youtube.com/watch?v=jWXUWYVncs0http://www.youtube.com/watch?v=jWXUWYVncs0

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    ,he ,rip"e 6onstraint o Project Mana*e)ent

    Successful projectmanagement

    means meeting alltree goals (scope,time, an! cost) "an! satisf#ing te

     project$s sponsor%

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    What is Project Mana*e)ent?

    App"ication o Hno'"ed*e>3ki""s> and,oo"s>,echniues to Project Acti!ities

    Meet>ceed pectations http>'''#.outu(e#co)>'atch?!D3nIN*"kA

    http://www.youtube.com/watch?v=9LSnINglkQAhttp://www.youtube.com/watch?v=9LSnINglkQA

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    Project 3takeho"ders

    *ta"e$olders are the peop"e in!o"!ed in or

    aected (. project acti!ities# 3takeho"ders inc"ude<

    Project sponsor Pro!ides inancia" resources or theproject#

    Project )ana*er /esponsi("e or )ana*in* theproject project de"i!era("es

    Project tea) Group peror)in* 'ork o the project

    6usto)ers ntit. purchasin* the project&s product# Esers ,hose 'ho 'i"" direct". use the project&sproduct#

    3upp"iers

    Jpponents to the project

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      Project Mana*e)ent,oo"s and ,echniues

    Assist project )ana*ers and their tea)s in!arious aspects o project )ana*e)ent#

    *peci%ic tools and techniues inc"ude< Project charters scope state)ents and WB3

    =scope#

    Gantt charts net'ork dia*ra)s critica" pathana".ses critica" chain schedu"in* =ti)e#

    6ost esti)ates and earned !a"ue )ana*e)ent=cost#

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    1K

    ,he /o"e o the Project Mana*er

    Lo( descriptions !ar. (ut )ost inc"uderesponsi(i"ities such as<

    p"annin*

    schedu"in*

    coordinatin* and

    'orkin* 'ith peop"e to achie!e project *oa"s#

    7 o successu" projects 'ere "ed (.eperienced project )ana*ers#

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    -eine scope o project#

    Identi. stakeho"dersdecision)akers andesca"ation procedures#

    -e!e"op detai"ed task "ist='ork (reakdo'nstructures#

    sti)ate ti)e reuire)ents#

    -e!e"op initia" project)ana*e)ent "o' chart#

    Identi. reuired resources

    and (ud*et#

    !a"uate project reuire)ents#

    Identi. and e!a"uate risks#

    Prepare contin*enc. p"an#

    Identi. interdependencies#

    Identi. and track critica")i"estones#

    Participate in project phasere!ie'#

    3ecure needed resources#

    Mana*e the chan*e contro"

    process# /eport project status#

    1K Project Mana*e)ent Lo( OunctionsC

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    3u**ested 3ki""s or PMs

    Need a 'ide !ariet. o ski""s#

    PMs shou"d<

    Be co)orta("e 'ith chan*e#

    Enderstand the or*ani9ations the. 'ork in

    and 'ith#

    ead tea)s to acco)p"ish project *oa"s#

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    3u**ested 3ki""s or PMs

    Project )ana*ers need (oth “hard$and “sot$ ski""s#

    ard s"ills inc"ude product kno'"ed*eand kno'in* ho' to use !arious project)ana*e)ent too"s and techniues#

    *o%t s"ills inc"ude (ein* a("e to 'ork'ith !arious t.pes o peop"e#

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    An J!er!ie' o Project Mana*e)ent