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project management
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Schluumberger Private
Project Management Essentials
Introduction
Characteristics of a project
Unique and non-repetitive
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Unique and non-repetitive.
Single aim and multiple objectives umberger Private
Single aim and multiple objectives.
Finite team lifespan (inception to completion).Finite team lifespan (inception to completion).
Multidisciplinary team membershipp y p
Characteristics of a project
Complex.
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High risk.
umberger Private
Operate internally or externally.
Principles standardized across companies and sectors,
Practice standardized by sector, national and international standards.
Characteristics of project management Management of the entire project lifecycle.
C i t (i t ti ith f ti l
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Compromise management (interaction with functional managers).
umberger Private
Manages change and operates under conditions of change.
Management of multiple interrelated objectives.
Multidisciplinary management.
Often involves internal and external personnel
Characteristics of project management Generic discipline Generic discipline.
Governed by international standards
Schlu
Governed by international standards.
Usually involves multiple interlinked objectives umberger Private
Usually involves multiple interlinked objectives.
Manages change and operates under conditions of Manages change and operates under conditions of change.
Often involves internal and external personnel.
Multi-disciplinary and cross-functional management
Project vs Operational work
Projects and operations differ primarily in that operations are
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ongoing and repetitive, while projects are temporary and unique um
berger Private
unique
Projects are a means of organizing activities that cannot be Projects are a means of organizing activities that cannot be addressed within the organizations normal operational limits.
Project vs Operational work
Strategic PlanningVision, Mission
OperationalPerformance Project Performance
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Objectives and Goals
umberger Private
Company activitiesOperations Projects
- Improvement-Administration of Business lines Improvement
- New Products- Etc.
Business lines- Sales- Etc.
Areas of Expertise needed by a Project TeamSchluum
berger Private
PMP vs PRINCE2 - GeneralSchluum
berger Private
Source: - Project Management Certificates compare PMP vs PRINCE2, Mateusz Jasny
- PMBOK and PRINCE2 Face to Face, Sergio Coronado
- PMBOK Standard, PMI
PMP vs PRINCE2 Knowledge areas & ProcessesSchluum
berger Private
Source: - Project Management Certificates compare PMP vs PRINCE2, Mateusz Jasny
- PMBOK and PRINCE2 Face to Face, Sergio Coronado
- PMBOK Standard, PMI
PMP vs PRINCE2 - SpecificsSchluum
berger Private
Source: - Project Management Certificates compare PMP vs PRINCE2, Mateusz Jasny
- PMBOK and PRINCE2 Face to Face, Sergio Coronado
- PMBOK Standard, PMI
What is a project
[A] temporary endeavor undertaken to create a unique product, service, or result
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Program X
umberger Private
Project A Project B Project C
Ongoing Business Operation
Program Y
Project D Project E
Source: PMBOK Guide, p. 5
What is project managementProject management is The application of knowledge, skills, tools and
techniques to project activities to meet project
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techniques to project activities to meet project requirements*
Accomplished through the application and integration umberger Private
of the project management processes of initiating, planning, execution, monitoring and controlling, and closing
Achieving desired outcomes in a context of conflicting expectations and changes, using other peoples resources, and having limited authorityresources, and having limited authority
Sound project management helps ensure success.
Source: PMBOK Guide, p. 8
The triple constraintSchluum
berger PrivateCost
Time
Scope
The triple constraint
Q (min)
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C (max)
T (max)
Q (min)
umberger Private
TimeCost
Quality OK but too expensive andexpensive and takes too long to makeCost and time OK
but unacceptable quality
QualityCost and quality OK but takes too long to makeTarget y
The triple constraint
Q (min)
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C (max)
T (max)
Q (min)
umberger Private
TimeCost
Week 3
QualityWeek 1 Week 2y
Identifying stakeholders
i di id l d i ti th t ti l i l d i th j t
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individuals and organizations that are actively involved in the project, or whose interests may be [positively or negatively] affected as a result of project execution or project completion umberger Private
result of project execution or project completion.
Source: PMBOK Guide, p. 25
The relationship between stakeholders and the projectSchluum
berger Private
Typical stakeholders in SchlumbergerSchluClient G k t
IPM Region Manager
umberger Private
Client Asset
Manager
Geomarket Manager
Project
Client Drilling
Manager
Segment Operations Managers
Project
Manager
Community
Managers
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Stakeholders Workshop
umberger Private
Functional OrganizationSchluum
berger Private
Projectized OrganizationSchluum
berger Private
Organizational Structures influences on ProjectsSchluum
berger Private
Program Management
A program is a group of related projects managed in a
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coordinated way to obtain benefits and control not available from managing them individually um
berger Private
from managing them individually
Some tools available to the Project Manager
PMBOK Guide Project life cycles
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j y The 9 knowledge areas The 5 process groups um
berger Private
The triple constraint Internally,
The IPM Project Management Standard IPM Project Management Toolbox Avance software Project Managers Desktop