What Is Project Management?

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Project management explained. What is project management not? Is Project Management compulsory? Why do 40% of large projects fail? The answer is Project Management is what project managers do effectively: They manage Risks, Budgets, Schedules, Resources, Communication, Activities, People, Documentation, and resolve project problems. The Project Management simulator SimulTrain is a real project management experience!.

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WHAT IS PROJECT

MANAGEMENT?

PROJECT MANAGEMENT

98,590 books on

amazon.com 1

1 July 23rd 2014

PROJECT MANAGEMENT• is the discipline of planning, organizing,

motivating, and controlling resources to achieve specific goals.

• a project is a temporary endeavor with a defined beginning and end undertaken to meet unique goals and objectives.

• wikipedia.org

HOW TO EXPLAINTHIS TO A CHILD?

TWO-STEP ANSWER

1. WHAT IS PROJECTMANAGEMENT NOT?

2. WHAT DO PROJECT MANAGERS DO?

WHAT

IS PROJECT MANAGEMENT

NOT?

PROJECT MANAGEMENT

IS NOT A SCIENCE.

IT IS AN EXPERIENCE ANDA BEST PRACTICE.

PROJECT MANAGEMENT

IS NOT ONLY A TOOL

BUT IT IS ALSO CULTURE AND COMMON LANGUAGE.

PROJECT MANAGEMENT

IS NOT A MAGIC FORMULA

BUT IS RATHER A RESULT-ORIENTED APPROACH.

PROJECT MANAGEMENT

IS NOT COMPULSORY

BUT IS EXTREMELY EFFICIENT PRACTICE.

• 39% of project with budgets over US$10 million failed 1

• 33% team members attribute project success directly to the skills and experience of the Project Managers 2

IS NOT COMPULSORY. TRUE?

1 The Standish Group, "CHAOS 2007 REX: A Standish Group Research Exchange." 2007.2 Project Management Institute, "PMI Pulse of the Profession Survey." 2006.

WHAT DO PROJECT MANAGERS DO?

PMS PLAN PROJECT ACTIVITIES

PMS ALLOCATE RESOURCES

PMS MANAGE RISKS

PMS MANAGE TEAM MEMBERS

PMS CONTROL PROJECT ACTIVITIES

PMS RESOLVES PROJECT ISSUES

PMS FOSTERS TEAM COLLABORATION

PMS REPORTS PROJECT PROGRESS

PMS MANAGERisks

Budgets

Planning

Resources

Communication

Activities

People

Reports

Problems

WHAT PMS DO EFFECTIVELY!

PROJECT MANAGEMENT IS

“LEARNING IS EXPERIENCE. EVERYTHING ELSE IS JUST

INFORMATION.”

~Albert Einstein

SimulTrainProject Management Experience

www.simultrain.com

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