Project Management

Introduction
Course brief

1
Sessions
2
Instructor
3
Course grading
4
Computer
5
Course
resourses conduct
16 to 17 Anall Dave Mott Class Some knowledge
Sessions MacDonald participation: of MS office We shall try to keep
Monday 8:00 Assignments (Word, Excel, this course as
am to 10 am. Email: Class exams: Project and Green as possible
anall.dave05@gmail Final exam: Power Point).
.com Laptop not
required but
recommended
Introduction to Project
Management
Why this course?

Changes occur at faster rate 10 years v/s 100 Economic Powers

years
G7 (US, Japan, E7 (China,
Third technological transformation Germany, UK, India, Brazil,
Indian economy is 6th largest GDP ($ 2.4 trillion) 3rd France, Italy, Russia,
largest on (PPP) (IMF) Canada Indonesia,
Mexico, Turkey)
World economies in 2050 (PWC study) 2009 $ 30 trillion $ 21 trillion
1 China : $58.5 trillion - USA $19.5 trillion
2050 $ 69 trillion $ 138 trillion
2 India : $44.2 trillion China $ 11.8 trillion
3 USA : $34.1 trillion - Japan $4.8 trillion
What may India need in next few decades?
4 Indonesia : $10.5 trillion Germany $ 3.4 trillion
5 Brazil : $ 7.5 trillion UK $ 2.5 trillion
What is a project?

A project is a series of activities and tasks that

Have specific objectives to be completed within certain specifications
Have definite start and end dates
Have funding limits
Consume specific human and nonhuman resources
Are multifunctional
Project and operation

Project Operation

Temporary On going

Unique outcome Repetitive outcome

Project management Operation management

Distinguish

Taj Mahal Police solving a murder case

New Enfield bullet motor cycle Trial of a murder case in the
court
Olympic games
Gandhinagar-Ahmedabad Indo-Pak war
Metro Rail War on terrorism
Lectures on project CG Road resurfacing after
management monsoon
Mangalyaan mission Sending whats app messages to
Going home from a college a friend
What is management?

Process of dealing with or controlling things or people

Is interlocking functions of creating policy and organizing planning,
controlling and directing resources in order to achieve the objectives of
that policy
It is debatable if it is an art or science but its a set of principles relating
to the functions of planning, organizing, directing and controlling and
the applications of these in harnessing physical, financial, human and
informational resources efficiently and effectively to achieve the goals
Project management

Project management is the planning, organizing, directing, and

controlling of resources for a relatively short-term objective that has
been established to complete specific goals and objectives.
Furthermore, project management utilizes the systems approach to
management by having functional personnel (the vertical hierarchy)
assigned to a specific project (the horizontal hierarchy)
It is a relatively modern concept. Until @ 50 years ago, it was practiced
in US defense but now a days applied in such diverse industries and
organizations as defence, construction, pharmaceuticals, chemicals,
banking, hospitals, IT, accounting, drama, cinema, advertising, law,
state and local governments, and the United Nations.
Project steps

Project Initiation Project Planning

Project Execution
defining work requirements
design
defining standards for quality, safety,
feasibility and selection procurement and
environment, IT and physical security
recognizing benefits contracts
defining resources required
sanctions and approvals construction
scheduling of activities
appointing a project testing and
Title risks
Title
assessment Title
manager commissioning

Project Closure Monitoring and

handing over Control
veryfing physical completion Tracking progress
contract closure Cost monitoring and
financial closure control
adminstrative closure Analyzing variance
and impacts
Corrective actions

11
Project success

Title Title
Customer satisfaction

Time

12
Thank you