Project Management - Week 05
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Transcript of Project Management - Week 05
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Large and complex projects may have processes that need to beiterated or revised and repeated several times to define and meetstakeholder requirements and reach agreement on processesoutcome
Successful project management requires managing theseinteractions to meet the requirements of the project sponsor(s),project customer(s) and other stakeholders
Project Management Processes:
Observations (2)
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Strategies
Goals
Objectives
Negotiation
Communication
Motivation
Values
Attitudes
Traditions
Beliefs
Behaviour
Project Manager
General Managers
Functional Managers
Planning
SubsystemInformation
Subsystem
Control
Subsystem
Techniques
& Metho-
dologies
Facilitative
Organizational
Subsystem
Cultural
Ambience
Human
Subsystem
ProjectManagement
System
Project
Manager
Time
Cost
Performance
Standards
Sensors
Comparison
Corrective
Action
Scheduling
Costing
Modelling
Programming
Authority, Responsibility,
Accountability
The Project Management System
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Project Management Body of Knowledge
Areas and Process Groups
Project Integration Management
Project Scope Management
Project Time Management
Project Cost Management
Project Quality Management
Project Hum.Resource Management
Project Comm. Management
Project Risk Management
Project Procurement ManagementProjectMan
agementArea
sofKnowledg
e
Initiation
Planning
Execution
Monitoring
& Control
Closing
ProjectMan
agementProc
essGroups
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The Project Management Process Groups
Initiation - Defines and authorizes the project or a project phase
Planning - Defines and refines objectives, and plans courseof action required to attain projects objectives and scope
Execution - Integrates people and other resources to carry outthe Project management Plan for the project
Monitoring & Control Regularly measures and monitorsprogress to identify variances from the Project Management
Plan so that corrective action may be undertaken when
necessary to meet project objectives
Closing Out Formalizes acceptance of the product, Service orresult of the project, and brings the project or project phase
to an orderly end
PROCE
SS
GR
OUPS
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Interrelationship of the Project Process Groups
Planning Processes
Executing Processes
ClosingProcesses
Monitoring and Control Processes
IniationProcesses
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Interfacing of the Project Management Areas of
Knowledge and the Process Groups
Process Groups
Project Management Areas of Knowledge
Initiation Project Charter, Project Preliminary Scope Statement
Planning
Scope Management Plan, ScheduleManagement Plan, Cost Management Plan,Staffing Management Plan, Quality
Management Plan, CommunicationsManagement Plan, Risk Management Plan,Procurement Management Plan
Execution
Directing and managing project execution, performing qualityassurance, developing the project team, disseminatinginformation to stakeholders, requesting seller responses andselecting sellers
Monitoring &
Control
Integrated Change Control, Scope Verification and Control,Schedule, Cost and Quality Control, Project Team PerformanceAsessment, Performance Reporting, Managing Stakeholders, RiskMonitoring and Control, Contract Administration
Close Out Close Out Project, Contract Closure
ProjectManagement
Plan
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The Process Group Interactions
Initiation Planning ExecutionMonitoring
Control
Closing
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The Project Management Knowledge Areas:
Project Integration Management
Project Integration Management includes the processes needed toidentify, define, combine, unify and coordinate the various projectmanagement processes in the project process groups
Integration is crucial for project completion, successfully meeting
and managing stakeholders needs and expectations, makingchoices where to concentrate resources over time, dealing withissues and coordinating work for the overall project good
The processes covered by project integration management include
Development of the Project Charter, of the (Preliminary) ProjectScope Statement and the Project Management Plan, Directing andManaging Project Execution, Monitoring and Control of the ProjectWork, and Integrated Change Control
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The Project Management Knowledge Areas:
Project Scope Management
Project Scope Management includes the processes required toensure that the project includes all and only the - workrequired, for its successful completion. In essence, scopemanagement is primarily concerned with defining what is, andwhat is not, included in the project
Completion of the project scope (i.e. the work that must be donein order to deliver a product with the specified features andfunctions) is measured against the project management plan,while completion of the product scope (i.e. the features andfunctions that characterize a product or service) is measured
against the product requirements
The processes covered under project scope management areScope Planning, Scope Definition, Creation of the Project WorkBreakdown Structure, Scope Verification, and Scope Control
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The Project Management Knowledge Areas:
Project Time Management
Project Time Management includes the processes required toensure timely completion of the project
The processes covered by project time management are:
Activity Definition
Activity Resource Estimating
Activity Duration Estimating
Schedule Development
Schedule Control
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The Project Management Knowledge Areas:
Project Cost Management
Project Cost Management includes the processes required to plan,control and manage costs so that the project can be completedwithin the approved budget
Project Cost Management is primarily concerned with the cost ofthe resources required for completion of project activities, but canalso take a broader perspective beyond the project by looking atthe costs associated with the projects outcome
Predicting and analyzing the financial performance of the projectsproduct is usually done external to the project, but in some cases,
this work may be undertaken internally under project costmanagement using techniques like investment payback analysis,NPV and so forth
The processes covered by project cost management are: CostEstimating,. Cost Budgeting, and Cost Control
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The Project Management Knowledge Areas:
Project Quality Management
Project Quality Management includes the processes required toensure that the project satisfies the needs for which it has beenundertaken
Project Quality Management addresses both the projects outcomeas well the management of the project. The quality assessment ofthe projects outcome is undertaken specific to that outcome,while the process quality assessment approaches applies similarlyto both
Project Quality Management recognizes the importance of
customer satisfaction, prevention over inspection, managementresponsibility, and continuous improvement
Project Quality Management covers the processes of QualityPlanning, Quality Assurance Performance, and Quality Control
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The Project Management Knowledge Areas:
Project Human Resource Management
Project Human Resource Management includes the processesrequired to organize and manage the project team
Project Human Resource Management covers the processes of:
Human Resource Planning Project Team Acquisition
Project Team Development
Project Team Management
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The Project Management Knowledge Areas:
Project Communications Management
Project Communications Management includes the processesrequired to ensure timely and appropriate generation, collection,dissemination, storage, and ultimate disposition of projectinformation
Project Communications Management provides the critical linksamong people, ideas and information that are necessary forsuccessful communications
Communications is often a challenging undertaking, anddifficulties in, or a breakdown of communications, can adversely
effect a project
Project Communications Management covers the processes ofCommunications Planning, Information Distribution, PerformanceReporting, and Stakeholder Management
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The Project Management Knowledge Areas:
Project Risk Management
Project Risk Management includes the processes required tomanage the risks of a project with a view to decreasing thelikelihood of adverse events negatively effecting the project goal,schedule or cost
All projects must contend with risks and these must be identifiedas far as possible, along with their consequences for the project.Risks should be managed proactively and consistently throughoutthe project
Project Risk Management covers the processes of Risk
Management Planning, Risk Identification, Qualitative RiskAnalysis, Quantitative Risk Analysis, Risk Response Planning, andRisk Monitoring and Control
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The Project Management Knowledge Areas:
Project Procurement Management
Project Procurement Management includes the processes forpurchasing or acquiring materials, products, goods or servicesrequired to perform the work from outside the project team
Project Procurement Management includes the contractmanagement and change control processes required to administercontracts or purchase orders issued by the project team
Project Procurement Management covers the processes ofPurchases and Acquisitions Planning, Contract Planning,Requesting Seller Responses, Seller Selection, Contract
Administration, and Contract Closure
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The Project Management Process Groups:
Initiation
Project Definition / Initiation
Stating the Business Opportunity / Problem
Initial Scoping of the Project
Identification of Assumptions, Obstacles and Constraints
Identification of Stakeholders
Preliminary Assessment of Risks, Costs, Benefits etc.
Project Charter Document that formally authorizes the project
Project (Preliminary) Scope Statement Description of what the project is
supposed to achieve and what is included in it
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The Project Management Phases
Project Planning
Organizational Design Risk
Delineating Roles / Staffing IssuesTraining Stakeholders
Partnering, Outsourcing PMIS, Monitoring
Work Breakdown Structure Performance and Quality Control
Scheduling Documentation
Changes Cost Estimating, Budgeting
Procurement
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The Project Management Phases
Project Implementation
Direct and Manage Project Execution
Develop Project Team
Leadership and Motivation of the Project Team
Conflict Resolution
Manage the Flow of Information
Schedule ModificationReview and Update Project Plan
Quality Assurance
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The Project Management Phases
Project Monitoring, Control and Evaluation
Collecting and Disseminating Performance-Related Information
Effecting Process Improvements
Integrated Change Control
Project Scope Verification and Scope Control
Schedule, Cost and Quality Control
Risk Monitoring and ControlCommunicating with Stakeholders
Team Performance
Performance / Progress Reporting
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The Project Management Phases
Project Closing
Hand over Project Deliverables to Clients
Post-Implementation Audit
Project Report
Formally Terminate Project
Disband Project Team