Chapter - 1

INTRODUCTION
BY – Dilip Chaturvedi, PMP
Email Id : info@justpmp.com

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 Project
A P oject is a te po a y e dea o u de take to c eate a u i ue p oduct, se ice o esult
With a beginning and an end date
Temporary Endeavor

Not an on-going effort

Unique Product

The incremental design and refinement of the

Progressive Elaboration
initial concept toward the project plan

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 Project Management
P oject Ma age e t is the applicatio of k o ledge,skills,tools a d tech i ues applied to
p oject acti ities to eet the p oject e ui e e ts.

Project
Requirements

Project Management also need

generic management skills and
professional ethics

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 Program Management
 A program is a group of related projects.
 By grouping related projects into a Program
program, an organization can coordinate
the management of those projects.

Other
Related Project Project Project
Work

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 Portfolio Management
 A portfolio includes a group of programs,
individual projects, and other related Portfolio
operational work that are prioritized and
implemented to achieve a specific strategic
business goal.
 The Program and projects that make up Other
the portfolio may not be related, other Related Program Program Project
than fact that they are helping to achieve a work
common strategic goal.

Other
Related Project Project Project
Work

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 Organizational Project
Management(OPM)
 Provides a strategic framework to use and guide
portfolio, program and project management to
deliver organizational strategy.
OPM

Portfolio
Selects and prioritizes
Program and projects

Program management
Coordinates management of related
Projects to achieve specific strategic
goals

Project Management
Manages effort to develop specific scope which
Supports portfolio and program management

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 Relationship Among Portfolio, Program and
Project Management
Portfolio Management – A suite of business
programmes managed to optimize overall
enterprise value
Program Management – A set of related
projects designed to produce clearly identified
business value.
Project Management – A structural set of
activities concerned with developing a defined
capability based on an agreed schedule and
budget

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 Projects and Strategic Planning
Projects are typically authorized based on one or more strategic consideration
 Market demand – e.g. Requirements of big size car for family.
 Strategic opportunity/business need e.g. Launch new Android app for existing E-commerce
sites
 Social need e.g. Providing free internet service to remote areas
 Environmental consideration e.g. Launch of Electric car to reduce environmental pollution
 Customer request e.g. Develop sports car for car racing company
 Technological advance e.g. Upgrade of existing server capability to provide high speed
internet
 Legal requirements e.g. Aligned with new roles of emission system of Car

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 Project Management Office(PMO)
Supportive
 Consultative role
 Supplies Templates, best practices, Training,access to information and lessons learned from other projects
 Degree of Control is low

Controlling
 Provides support
 Conformance to governance

 Degree of control is moderate

Directive
 PMO Directly manages the projects
 Degree of Control is high

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 Relationships Between Project, Operations
Management and Organizational Strategy
Operations Management - Concerned with
ongoing production of good and/or services.
Projects can intersect with operations at various
points during the product life cycle, such as:
 At each closeout phase;
 When developing a new product, upgrading a
product, or expanding outputs;
 While improving operations or the product
development process; or
 Until the end of the product life cycle.

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 Project Management Responsibilities &
Competencies
Project Manager accomplish work through the project team and key stakeholders.
Successful Project Managers balance knowledge, experience, ethics and a number of
interpersonal skills.

Leadership Political and cultural awareness

Team Building Negotiation
Motivation Trust Building
Communication Conflict Management
Influencing Coaching
Decision making Leading without direct authority

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 Project Management Body of
Knowledge(PMBOK)
 Is recognized standard of project management knowledge.
 Provides guidelines, rules and characteristics for project management.
 This standard is widely accepted and when consistently applied help you, your global peers
and your organization to achieve professional excellence.

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