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Introduction to Project

Management

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AGENDA:

Advantages of Using Formal Project Management.


Daily Routine Jobs and Projects
What Is a Project?
Project Attributes
Project Success
Project Failure
What is Project Management
Key Areas of Project Management
Project Life Cycle

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Advantages of Using Formal Project Management

Better control of financial, physical, and human


resources.
Improved customer relations.
Shorter development times.
Lower costs.
Higher quality and increased reliability.
Higher profit margins.
Improved productivity.
Better internal coordination.
Higher worker morale (less stress).

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Daily Routine Jobs and Projects

Daily Routine Jobs Projects


• Repeated without any • Not repeatable
modification
A new product or a
Routine •

service
• Continuous
Done once
Done before •

• Will be done in the same • Never done before


way • Will not be done in a
• Using experience and similar manner
past knowledge • Little or no experience
• Known • Ambiguity
• Example: Book press • Your EE 494 projects

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What Is a Project?

A project is “a temporary endeavor


undertaken to create a unique product,
service, or result.”

Operations is work done to sustain the


business.

A project ends when its objectives have been


reached, or the project has been terminated.

Projects can be large or small and take a short


or long time to complete.

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What is a Project?

A project is a temporary endeavor


undertaken to produce a unique product or
service

Temporary Characteristic Unique


s of
Projects
– Temporary – Definitive beginning and end
– Unique – New undertaking, unfamiliar ground

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Project Attributes

A project:
– Has a unique purpose.
– Is temporary.
– Is developed using progressive elaboration.
– Requires resources, often from various areas.
– Should have a primary customer or sponsor.
– Involves uncertainty.

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Project Success

Customer
Completed within
Requirements
allocated time frame
satisfied/exceeded

Completed within Accepted by the


allocated budget customer

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Project Failure

Poor Requirements
Scope Creep
Gathering

Unrealistic planning Lack of resources


and scheduling

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What is Project Management

Project Management is the application of


skills, knowledge, tools and techniques to
meet the needs and expectations of
stakeholders for a project.
– The purpose of project management is
prediction and prevention, NOT
recognition and reaction

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Project Organization Structure

Project Organization
– Personnel organized by Projects

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Triple Contraint

Time

Quality

Cost Scope

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Triple Contraint

Increased Scope = increased time +


increased cost

Tight Time = increased costs + reduced


scope

Tight Budget = increased time + reduced


scope.

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Key Areas of Project Management

Scope Management
Issue Management
Cost Management
Quality Management
Communications Management
Risk Management
Change Control Management

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Scope Management

Primarily it is the definition and control of what IS


and
IS NOT included in the project.

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Scope Management

Project Scope Management is the process to ensure


that the project is inclusive of all the work required,
and only the work required, for successful
completion.
Primarily it is the definition and control of what IS
and IS NOT included in the project.

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Issue Management

Issues are restraints to accomplishing the


deliverables of the project.
Typically identified throughout the project and logged
and tracked through resolution.

Issue… already impacting the cost, time or quality

Rope not thick


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Issue Management

Issues are restraints to accomplishing the


deliverables of the project.
Issues are typically identified throughout the project
and logged and tracked through resolution.
In this section of the plan the following processes are
depicted:
– Where issues will be maintained and tracked
– The process for updating issues regularly
– The escalation process
– The vehicle by which team members can access documented
issues

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Cost Management

This process is required to ensure the project


is completed within the approved budget and
includes:

Resources Budget
people
equipment
materials
Quantities
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Cost Management

This process is required to ensure the project


is completed within the approved budget and
includes:
– Resource Planning - The physical resources
required (people, equipment, materials) and what
quantities are necessary for the project
– Budget
• Budget estimates
• Baseline estimates
• Project Actuals

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Quality Management

Quality Management is the process that


insure the project will meet the needs

“conformance to requirements”

“fitness for use”

“the totality of characteristics of an


entity that bear on its ability to
satisfy stated and implied need’ - ISO
8402:1994

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Quality Management

Quality Management is the process that


insure the project will meet the needs via:
– Quality Planning, Quality Assurance, and Quality
Control
• Clearly Defined Quality Performance Standards
• How those Quality and Performance Standards are
measured and satisfied
• How Testing and Quality Assurance Processes will ensure
standards are satisfied
• Continuous ongoing quality control

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Communications Management

This process is necessary to ensure timely and


appropriate generation, collection, dissemination, and
storage of project information

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Communications Management

This process is necessary to ensure timely and


appropriate generation, collection, dissemination, and
storage of project information using:
– Communications planning
– Information Distribution
– Performance Reporting
Define the schedule for the Project Meetings (Team,
OSC, ESC), Status Meetings and Issues Meetings to
be implemented

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Risk Management

Risk identification and mitigation strategy


Risk update and tracking

Risk… POTENTIAL negative impact to


project

Tree – location, accessibility, Weather


ownership

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Risk Management

Risk identification and mitigation strategy


When\if new risks arise
Risk update and tracking

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Change Control Management

Define how changes to the project


scope will be executed

Scope Technical Specification


Change Changes

Schedule
changes
nges require collaboration and buy in via the project sponsor’s sign
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INDIAto implementation of the changes
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Change Control Management

Define how changes to the project


scope will be executed
– Formal change control is required for all of the following
1.Scope Change
2.Schedule changes
3.Technical Specification Changes
4.Training Changes

All changes require collaboration and buy in via the


project sponsor’s signature prior to implementation of
the changes

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Project Life Cycle

Initiation Definition Planning Implementation Monitoring & Closing


Phase Phase Phase Phase Contorl Phase

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Initiation Phase

– Analyzing the business needs/requirements in


measurable goals
– Reviewing of the current operations
– Financial analysis of the costs and benefits including
a budget
– Stakeholder analysis, including users, and support
personnel for the project
– Project charter including costs, tasks, deliverables,
and schedule

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Definition Phase

Determine goals, scope and project


constraints
Identify members and their roles
Define communication channels, methods,
frequency and content
Risk management planning

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Planning Phase
Resource Planning
Work Breakdown Structure
Project Schedule Development
Quality Assurance Plan

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Work Breakdown Structure

For defining and organizing


the total scope of a project
First two levels - define a
set of planned outcomes
that collectively and
exclusively represent 100%
of the project scope.
Subsequent levels -
represent 100% of the
scope of their parent node

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Implementation Phase

Execute project plan and accomplish project


goals

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Monitoring & Control
Measuring the ongoing project activities ('where we are')
Monitoring the project variables (cost, effort, scope, etc.) against the
project management plan and the project performance baseline (where we
should be)
Identify corrective actions to address issues and risks properly (How can
we get on track again)

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Closing Phase

– Project close: Finalize all activities across all of


the process groups to formally close the project or
a project phase.
– Contract closure: Complete and settle each
contract (including the resolution of any open
items) and close each contract applicable to the
project or project phase.
Lessons Learned

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