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Project, Why Project, Project Management, What is not a Project, Triple Constraint, Process Groups, Types of Projects, Program, Portfolio, Project Management Framework, Integrated approach
WHAT IS A PROJECT
Inputs A need or desire
Activity
Resource
Activity Activity
Goals / Objectives
Resource
Start Date
End Date
A project is a temporary endeavor undertaken to create a unique product, service 3 or result PMBOK Guide.
WHY PROJECTS?
To meet strategic business goals and objectives Compresses life cycle Global competition Business needs Customer request Technological advance
1. Key similarities Planned, execute, and Planned, execute, and controlled, controlled, performed by people. performed by people. Resource Resource constrained. constrained. 2. Purpose 3. Time 4. Outcome 5. People Attain objective and terminate temporary Sustain the organization Ongoing
Unique product, service or result Non-unique product, service or result Dynamic, temporary teams formed to meet project needs. Generally not aligned with organizational structure. Functional team generally aligned with organizational structure.
Scope
Cost
NO PROJECT MANAGEMENT
End Result I have a project Random Activities Client
Team members
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PROJECT MANAGEMENT
End Result I have a project Project activities Activity Activity Set of tools and techniques Project Management Client
Activity
Team members
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What are those FIVE Process Groups? What are those 9 Knowledge Areas in Projects? PMBOK Consists of a project life cycle, five process groups, and nine knowledge areas
Initiating Processes
Planning Processes
Controlling Processes
Executing Processes
Closing Processes
cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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Project HR Management
Describes the processes required to make most effective use of the people involved with the project. It consists of organizational planning, staff acquisition, and team development.
cost management
Quality management
Risk Management
Integration management
HR Management
Procurement management
Communication management
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SUCCESSFUL PROJECTS
Deliverables that include all of the agreed upon features. Please the projects customers. Meet quality goals. Meet time and cost constraints. People : Learn new skills and/or refine existing skills. Organizational learning captured for future projects. Earn business-level benefits: development of new products, increased market share, increased profitability, decreased cost, etc.
TYPES OF PROJECTS
Classifying by industry Classifying by size Classifying by timing of determination of project scope Portfolio
PROGRAMS
Program a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. PMBOK Guide
Programs may last as long as the organization lasts. Specific projects within a program are of limited duration Project managers are concerned with the tradeoffs of cost, schedule, scope, and quality on their individual projects The program manager is concerned with making tradeoffs between projects for the maximum benefit of the entire program.
PROGRAMS
Sometimes Programs also involve the aspect of on-going operation
PROJECT - 1
PROJECT - 2 Oracle Financial Implementation
PROGRAM
PROJECT - 3 OPERATION
Example: A construction program might include project to develop new housing and other project to renovate existing homes.
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PORTFOLIOS
A portfolio deals with all of an organizations projects. Portfolios should be balanced including:
large and small projects high-risk high-reward and low-risk projects projects that can be completed quickly and some that will take substantial time to finish.
SUMMARY
1. 2. 3. 4. 5. 6. 7. 8. 9. Project, Why Project Project Management What is not a Project Process Groups Triple Constraint Types of Projects Program, Portfolio Integrated approach