Project Management Lecture 1 2003

8/6/2019 Project Management Lecture 1 2003

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Project ManagementKhawaja Fawad Latif


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Understand What is Project

Understanding the Reasons for project failure

The Need for Project Management

Objectives


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A temporary endeavour undertaken to create a unique product or

service, according to the Project Management Institute.Temporary

Temporary means that every project has a definite beginningand a definite end. Temporary does not necessarily mean shortin duration; many projects last for several years.

The project team, as a working unit, seldom outlives theprojecta team created for the sole purpose of performing theproject will perform that project, and then the team is disbandedand the team members reassigned when the project ends.

What is a Project


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Unique Products, Services, or Results

A project creates unique deliverables, which are products, services, or results. Projectscan create:

A product or service that is unique A result, such as outcomes or documents. For example, a research project develops

knowledge that can be used to determine whether or not a trend is present or a newprocess will benefit society.

Uniqueness is an important characteristic of project deliverables. For example, manythousands of office buildings have been developed, but each individual facility is uniquedifferent owner, different design, different location, different contractors, and so on. Thepresence of repetitive elements does not change the fundamental uniqueness of theproject work.

Continued


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Management in all business and organizational activities is

the act of getting people together to accomplish desiredgoals and objectives using available resources efficiently andeffectively.Management comprises Planning

Organizing Staffing leading or directing Controlling an organization

What is Management


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Project Management is the application of knowledge,

skills, and techniques to project activities in order to

meet or exceed stakeholder needs and expectations

from a project.

PMBOK

What is Project Management


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The following are reasons projects fail: Initial cost and schedule estimates are not revised when more information

becomes available as the project progresses. Plans are not used correctly or used to guide the project forward. Project managers are not trained to acquire the necessary skill base;

subsequently, the same mistakes are made repeatedly. The theory of project management is not put into practice. This point can be

seen in the attitude of many managers who view theory as a waste oftimeyet time is found to repair errors later. Isn't that a sure sign of the

wrong approach? The project scope changes. The incorrect project methodology is used. Requirements have major changes. Communications are poor. Testing and/or inspections are poorly done.

Why Project Fail


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Project management brings together many of the things thatare needed to make endeavours like projects successful. Butwhat do we mean by a successful project? A successfulproject is one that meets or exceeds the expectations of thestakeholders in the project.

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nity of Direction2. Reliable Source of Information

3. Tested tools and techniques

4. The Triple Constraint (Scope, Budget and Time)

Advantages of Project Management


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Accidental ProjectManager

A person who is placed into the role of project managerby organizational necessity and chance, rather than bydesign or through choice of career path.

The Need to Study Project

Management


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A project manager is the person responsible for accomplishing the stated project objectives.

Key project management responsibilities includecreating clear and attainable project objectives, buildingthe project requirements, and managing the triple

constraint for projects, which are cost, time, and scope.

Project Manager


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The Role of Project Manager


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Skills of a Project Manager


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PMBOK


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Project Life Cycle

Documents

Project Management Lecture 1 2003