Schluumberger Private

Project Management Essentials

Introduction

Characteristics of a project

Unique and non-repetitive

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Unique and non-repetitive.

Single aim and multiple objectives umberger Private

Single aim and multiple objectives.

Finite team lifespan (inception to completion).Finite team lifespan (inception to completion).

Multidisciplinary team membershipp y p

Characteristics of a project

Complex.

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High risk.

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Operate internally or externally.

Principles standardized across companies and sectors,

Practice standardized by sector, national and international standards.

Characteristics of project management Management of the entire project lifecycle.

C i t (i t ti ith f ti l

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Compromise management (interaction with functional managers).

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Manages change and operates under conditions of change.

Management of multiple interrelated objectives.

Multidisciplinary management.

Often involves internal and external personnel

Characteristics of project management Generic discipline Generic discipline.

Governed by international standards

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Governed by international standards.

Usually involves multiple interlinked objectives umberger Private

Usually involves multiple interlinked objectives.

Manages change and operates under conditions of Manages change and operates under conditions of change.

Often involves internal and external personnel.

Multi-disciplinary and cross-functional management

Project vs Operational work

Projects and operations differ primarily in that operations are

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ongoing and repetitive, while projects are temporary and unique um

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unique

Projects are a means of organizing activities that cannot be Projects are a means of organizing activities that cannot be addressed within the organizations normal operational limits.

Project vs Operational work

Strategic PlanningVision, Mission

OperationalPerformance Project Performance

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Objectives and Goals

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Company activitiesOperations Projects

- Improvement-Administration of Business lines Improvement

- New Products- Etc.

Business lines- Sales- Etc.

Areas of Expertise needed by a Project TeamSchluum

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PMP vs PRINCE2 - GeneralSchluum

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Source: - Project Management Certificates compare PMP vs PRINCE2, Mateusz Jasny

- PMBOK and PRINCE2 Face to Face, Sergio Coronado

- PMBOK Standard, PMI

PMP vs PRINCE2 Knowledge areas & ProcessesSchluum

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Source: - Project Management Certificates compare PMP vs PRINCE2, Mateusz Jasny

- PMBOK and PRINCE2 Face to Face, Sergio Coronado

- PMBOK Standard, PMI

PMP vs PRINCE2 - SpecificsSchluum

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Source: - Project Management Certificates compare PMP vs PRINCE2, Mateusz Jasny

- PMBOK and PRINCE2 Face to Face, Sergio Coronado

- PMBOK Standard, PMI

What is a project

[A] temporary endeavor undertaken to create a unique product, service, or result

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Program X

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Project A Project B Project C

Ongoing Business Operation

Program Y

Project D Project E

Source: PMBOK Guide, p. 5

What is project managementProject management is The application of knowledge, skills, tools and

techniques to project activities to meet project

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techniques to project activities to meet project requirements*

Accomplished through the application and integration umberger Private

of the project management processes of initiating, planning, execution, monitoring and controlling, and closing

Achieving desired outcomes in a context of conflicting expectations and changes, using other peoples resources, and having limited authorityresources, and having limited authority

Sound project management helps ensure success.

Source: PMBOK Guide, p. 8

The triple constraintSchluum

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Time

Scope

The triple constraint

Q (min)

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C (max)

T (max)

Q (min)

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TimeCost

Quality OK but too expensive andexpensive and takes too long to makeCost and time OK

but unacceptable quality

QualityCost and quality OK but takes too long to makeTarget y

The triple constraint

Q (min)

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C (max)

T (max)

Q (min)

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TimeCost

Week 3

QualityWeek 1 Week 2y

Identifying stakeholders

i di id l d i ti th t ti l i l d i th j t

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individuals and organizations that are actively involved in the project, or whose interests may be [positively or negatively] affected as a result of project execution or project completion umberger Private

result of project execution or project completion.

Source: PMBOK Guide, p. 25

The relationship between stakeholders and the projectSchluum

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Typical stakeholders in SchlumbergerSchluClient G k t

IPM Region Manager

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Client Asset

Manager

Geomarket Manager

Project

Client Drilling

Manager

Segment Operations Managers

Project

Manager

Community

Managers

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Stakeholders Workshop

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Functional OrganizationSchluum

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Projectized OrganizationSchluum

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Organizational Structures influences on ProjectsSchluum

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Program Management

A program is a group of related projects managed in a

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coordinated way to obtain benefits and control not available from managing them individually um

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from managing them individually

Some tools available to the Project Manager

PMBOK Guide Project life cycles

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j y The 9 knowledge areas The 5 process groups um

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The triple constraint Internally,

The IPM Project Management Standard IPM Project Management Toolbox Avance software Project Managers Desktop