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By:
Dr. Ali Ahsan
Today’s Agenda
• Course Outline
• A glance at PMBOK
• General discussion
• General terms [if time permits]
1
Housekeeping
• Emails + Contact No + Name
2
What is a project?
• A project is a temporary endeavor undertaken to create a unique
product, service, or result. The temporary nature of projects indicates a
definite beginning and end. The end is reached when the project’s
objectives have been achieved or when the project is terminated
because its objectives will not or cannot be met, or when the need for
the project no longer exists. Temporary does not necessarily mean
short in duration. Temporary does not generally apply to the product,
service, or result created by the project; most projects are undertaken
to create a lasting outcome. For example, a project to build a national
monument will create a result expected to last centuries. Projects can
also have social, economic, and environmental impacts that far outlast
the projects themselves.
• Every project creates a unique product, service, or result. Although
repetitive elements may be present in some project deliverables, this
repetition does not change the fundamental uniqueness of the project
work. For example, office buildings are constructed with the same or
similar materials or by the same team, but each location is unique—
with a different design, different circumstances, different contractors,
and so on.
What is PM?
• Project management is the application of knowledge,
skills, tools, and techniques to project activities to meet the
project requirements. Project management is accomplished
through the appropriate application and integration of the
42 logically grouped project management processes
comprising the 5 Process Groups. These 5 Process Groups
are:
– Initiating,
– Planning,
– Executing,
– Monitoring and Controlling, and
– Closing.
3
Project Management
• A project is a one-off change to be achieved by a
finite, time-ordered and interrelated set of tasks. One-
off means that the project is not repeated. (Non-
repetitive).
• The one-off change is the project.
• The time-ordered set of tasks is called the project
sequence.
• Project management is the identification of one-off
change and the management of the project sequence.
4
Project Vs Process
• A process is a repetitive activity like a plant
turning over and producing the same
product.
• Running a train service? A project or a
process….
• Introducing signals, new timetables new
tracks, new meal plans etc… are projects.
5
A Little More
• Project:
– It is a set of interrelated activities that are
directed towards a goal or purpose and are
unique, complex and must be completed within
time, within budget and according to
specifications.
Attributes / Characteristics
• Purpose:
– One time activity with a well defined set of desired end
results.
– Divided into subtasks that must be completed to achieve
project goals.
• Complex:
– Coordination and control in terms of timing, precedence,
cost and performance are required.
– Non-routine activities.
• Life Cycle:
– Slow beginning, buildup of size, peak, decline and
termination.
• Interdependencies:
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6
Project Life Cycle
Percent
Project Quick
Completed momentum
Slow
start
TIME
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Attributes / Characteristics
• Uniqueness:
– Projects are never alike.
– Projects by their nature cannot be completely reduced
to routine.
• Conflict:
– PMs live in a world characterized by conflict.
– Projects compete with functional departments for
resources.
– Main stake holders are
• Client, parent organization, project team, public.
7
Why Project Management?
8
Characteristics of Proj. Mgt
(Contd)
• Negotiating tradeoffs.
• Managing subcontractors.
• Coping with unfamiliar technology.
• Cutting across organizational lines.
• Managing complexity.
9
Skills Needed to Manage a Project
• Identify and manage interfaces.
• Manage time and cost.
• Setup Project Management Information
System.
• Manage political and community issues
(Management of stakeholders).
• Manage contractual matters.
• Maintain a sense of urgency.
• Cope with risk.
• Save your tail.
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10
Stages of PM
11
PMO?
Role of PM?
PM & OM?
Your Feedbacks!
Q & A?
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