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Lecture # 02
Project Management
(MG402)
Lecture Outcomes
Definition of Project
Management
Constitutes of Project
Management
Types of Projects
First Timers
As...Buts
Painting by Numbers
29th August 2016
Variety of Projects
Project life Cycle (4D
methodology)
Define it
Design it
Do it
Deliver it
Recap
Where Project Management lies in the Volume Variety
Graph
How is Project Management works in an typical organization
Difference between Production Management and Project
management
Some Definitions
1. Projects are unique, transient endeavours undertaken to achieve a
desired outcome.
[Association for Project Management (UKs largest professional body for
project managers), 2004]
2. A project is a temporary endeavour undertaken to create a unique
product, service or result.
[Project Management Institute (worlds largest professional association),
2004]
3. A project refers to a value creation undertaking based on a
specific mission, which is completed in a given or agreed
timeframe and under constraints, including resources and
external circumstances.
[Project Management Association of Japan, 2005]
29th August 2016
Integrating
Mission
Focused
PROJECT MANAGEMENT
Temporary
Aspect of
Uniqueness
Emergence
and
Uncertainty
Social
Construction
Project Management
29th August 2016
Types of Projects
Painting by Numbers
As.. But
First timers
As Buts Projects
If there is some similarity to previous work of any project, in
terms of either the process followed or the product being
delivered; then these are referred to as as . . . but . . . s
Projects. That is, as the job we did last time, but with the
following differences.
For example
Final year projects
Trip to Imtiaz super market
29th August 2016
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Variety of Projects
Projects at Personal Level
Projects in Local Neighborhood
Organizational Projects
National Projects
Global Projects
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Define
It
Design
It
Do It
Develop
It
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Define it.
Define the project
Project Selection
What is to be done?
Why is it to be done?
How it could be done?
Which one should be done?
How it is justified?
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Design it.
Design the project process:
Project Planning
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Do it.
Deliver the Project:
Project Implementation
How should the project be managed
on a day-to-day basis?
Expenditure of resources
Coordination and controlling
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Define it.
Develop the process:
Project Completion and Audit
Documentation of experience
Audit the Project
Preparation of Information data bank.
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Expected Learnings
Definition of Project
Management
Constitutes of Project
Management
Types of Projects
First Timers
As...Buts
Painting by Numbers
29th August 2016
Variety of Projects
Project life Cycle (4D
methodology)
Define it
Design it
Do it
Deliver it
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