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PROJECT MANAGEMENT

Project - a sequence of unique, complex, and connected activities having one goal or
purpose and that must be completed by a specific time, within budget, and according to
specification.
Project Management - is the application of skills, knowledge and techniques to meet the
needs and expectations of stakeholders for a project.
The purpose of project management is Prediction and Prevention, NOT recognition and
reaction.
Importance of Project management:
1. Organize our approach
2. Generate a credible schedule
3. Track progress and control our project
4. Identify where to focus our efforts
5. Identify problems early before they arises
6. Saves you TIME Money
If you fail to plan, you plan TO FAIL.
Project Management Criteria:
1. Projects are oriented towards a goal.
2. There is something unique about every project.
3. Projects have a definite duration.
4. Projects require coordination of interrelated activities.
Phases of Project Management:
1. Scoping the project
2. Developing the plan
3. Launching the plan
4. Monitoring and controlling
5. Closing out the project
Scoping the Project:
State the problem/opportunity
Establish the project goal
Define the project objective
Identify the success criteria
List assumptions, risk, obstacles
Types of assumptions and risks
Technological
Environmental
Interpersonal
Cultural
Political
Successful Project Management
Delivery of whats expected:
1. On time
2. Within budget
3. With quality
4. Develop productive relationships

Project Failure
1. Unrealistic planning and scheduling
2. Poor requirements gathering
3. Lack of resources
Role of Project Manager:

Project Issues
Disseminating project
information
Mitigating project risk
Quality
Managing scope
Metrics
Managing the overall work

PROCES
S

Implementing standard
processes
Establishing leadership skills
Setting expectations
Team building
Communication skills

PEOPLE
RESPON

Key Areas of Project Management


1. Scope Management the definition and control of what IS and IS NOT included in the
project. The process to ensure that the project is inclusive of all the work required, and
only the work required, for successful completion.
2. Issue Management issues are restraints to accomplishing the deliverables of the
project. Typically identified throughout the project and logged and tracked through
resolution. Issue already impacting the cost, time or quality.
3. Cost Management this process is required to ensure the project is completed within
the approved budget. Resources are people, equipment, materials.
4. Quality Management the process that ensures the project will meet the needs.
5. Communications Management the process necessary to ensure timely and
appropriate generation, collection, dissemination, and storage of project information.
6. Risk management risk identification and mitigation strategy. Risk potential
negative impact to project.