Documente Academic
Documente Profesional
Documente Cultură
Muhammad Faisal
A little about me:
• Bachelors in Textile Engineering, NED UET
• Masters in Project Management and Operational Development, The Royal Institute, Stockholm.
Lets see WHO is
sitting next
Class Room Decorum
§ This class is an open discussion forum, where students can add their experiences or raise
queries.
§ During discussions, resource person will act as moderator.
§ Punctuality of time is necessary to validate the attendance, else it will be marked absent.
§ One Break will be allowed.
§ Mobile phone ringtones should be on silent.
§ Food, smoking and Drinks are not allowed.
§ Submission of assignments and conduction of tests will be on prescribed dates.
Course Contact
e-mail: mfaisalshine@gmail.com
Mobile: 0345-2797769
Sessional Marks
Sessional Marks 40
Hourly Exams 20
Presentation /Assignments 10
Class participation 05
Attendance 05
Final Examination Marks 60
Project &
Project Management
Project Management is used in all industries, at all levels
Definition of Project
A project is a temporary endeavor undertaken to create
a unique product, service or result.
Temporary means
that every project
has a definite Projects involve creating
beginning and a something that has not
definite end been done in exactly the
same way before and
which is, therefore,
unique and distinct
Definition of Project
According to Kerzner;
“A project can be considered to be any
series of activities and task that:
1. Have specific objective to be
completed within certain
specifications,
2. Have definite start and end dates,
3. Have funding limits (if applicable),
4. Consume human and non-human
resources,
5. Are multi-functional (cut across
several functional lines).”
Definition of Project
According to PMBOK;
§ “A project is a temporary endeavor undertaken to create a unique product,
services or result.”
§ Temporary does not refers to short duration but means definite beginning
and end dates.
§ E.g. Building a national monument – construction time is limited but result
expected to last for centuries.
§ Unique means new product, service or result.
§ E.g. Constructing buildings - similar activities, materials, teams but each
building has new design, location, situation and stake holder.
Project Attributes
§ Unique objective,
§ Temporary,
§ Developed using progressive elaboration,
§ Requires resources, often from various areas,
§ have a primary customer or sponsor,
§ Involves uncertainty.
Project Examples
§ Developing a new product, service, or result;
§ Effecting a change in the structure, processes, staffing, or style of an
organization;
§ Developing or acquiring a new or modified information system (hardware or
software);
§ Conducting a research effort whose outcome will be aptly recorded;
§ Constructing a building, industrial plant, or infrastructure; or
§ Implementing, improving, or enhancing existing business processes and
procedures.
Portfolio, Program and Project
Portfolio Program Project
A collection of projects or A group of related projects managed A Project is a temporary endeavor
programs and other work that are in a coordinated way to o btai n undertaken to create a unique,
Definition
grouped together to facilitate benefits and control not available product, service, or result.
effective management of that from managing them individually.
work, to meet strategic business
objectives.
To maximize the return on § Specific highway project
investment - infrastructure firm § Transportation program § Local railway project
Examples
Why Project Management ?
§ Identification of time limits for scheduling
“Project management is the art of creating the illusion that any outcome is the
result of a series of predetermined, deliberate acts when, in fact, it was dumb
luck.”
Project Management - Definition
“Project management is the planning, organizing, directing, and
controlling of company resources for a relatively short-term objective
that has been established to complete specific goals and objectives.”
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Customer Satisfaction
Project Deliverables
Deliverables are outputs, or the end result of either the completion of the
project or the end of a life-cycle phase of the project.
Deliverables are measurable, tangible outputs and can take such form as:
• Hardware Deliverables: Hardware items, such as a table, a prototype, or
a piece of equipment.
• Software Deliverables: Usually paper products, such as reports, studies,
handouts, or documentation.
• Interim Deliverables: Either hardware or software deliverables and
progressively evolve as the project proceeds. Such as interim reports.
Project Manager
Selection of project manager is based on;