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Management &
Product
Development
By
Assistant Professor
Unnar Theodorsson, M. Sc. (Econ.)
12.15
13.00
Wednesday - The
foundation
Introduction to the
course
13.05 -13.50
The Basics:
- Project
Management
- Risk Management I
projects
14.00-14.45
Exercise :
14.50-15.35
Tuesday - The
foundation
Sum-up
Wednesday - The
Synergy
The pitch
9.10.0011.35
The Basics:
- Innovation Management
- Product
Development/NPD
12.15-14.00
Exercise 2
The Synergy:
- Deeper
understanding of
the new market
demands and
change in discourse
Choosing case and
make a project
management plan
14.00-14.45
8.20 9.00
What to pitch
Thursday
Execise: Prepare a pitch
for client or executive
board
The course
Most markets have demanded NPD for
decades
The car industry a new model a year
The fashion industry 2 or 4 collections a year
Examples - Smartphones
Examples - Microcars
Examples Consoles
Project Management
Introduction
Definition: Project management is a structured
Project Management
1) What is a project?
PMBOK: ..a temporary endeavor undertaken to
create a unique product or service
Traditional PM industries vs. Management-byProjects
Examples of projects:
Constructing a building
Improving productivity in a period of time
Disaster recovery
Implementing a new computer system
Organizational change
Project Management
A theoretical overview of distinctive features:
A start and finish
A life-cycle
A budget and an associated cash-flow
Unique/non- repetitive activities
Cross organizational resources
A single point of responsibility
Fast tracking (to become first market mover)
Team roles
Project Management
2) Project Management
PMBOK: ..the application of knowledge, skills, tools
and techniques to project activities in order to meet
stakeholders needs and expectations from a project
Project managers component process of 9 types of
knowledge:
Project Life-Cycle
WBS Work Breakdown Structure
Project Management
WBS Work Breakdown Structure
Project Management
Gantt Chart
Project Management
Project Management Triangle
Project Management
Project Management Triangle
Project Management
3) Management-by-projects
Many organizations are changing in nature as
more of them are accomplishing their business
through projects
The management-by-projects approach
encourages:
Organizational flexibility
Decentralized management responsibility
Holistic view of problems
Goal-oriented problem solution processes
dynamics
Project Management
Programme Management
Portfolio Management
Small Projects
General Management
Product Management
Technical Management
Project Management Environment
Project Management
4) Project Management Software
5) Project Management Associations
Body of knowledge
Project
Project
Project
Project
Project
Project
Project
Project
Project
Integration
Scope Management
Time Management
Cost Management
Quality Management
HRM
Communications Management
Risk Management
Procurement Managementnt
Project Management
6) Benefits of Project Management some examples
Client
Single point of Responsibility
Estimating
Fast Track
Project Integration
Reporting Interfaces
Response Time
Trends
Data Capture
ProceduresCloseout Report
Marketing
Project Management
Role of the Project Manager
Ability to select and develop an operational team
Leadership and management ability
Ability to anticipate problems & problems and make decisions
Ability to integrate the project stakeholders
Operational flexibility
Ability to plan, expedite and get things done
Ability to negotiate and persuade
Understand the environment within which the project is being managed
Ability to review monitor and apply control
Ability to administer the contact, the scope of work and scope of
changes
Ability to manage within an environment of constant change
Ability to keep the client happy
PM Assignment
Please form groups of 5
These groups will be working together for the
intire course
PM Assignment
PM Assignment
PM Assigment
You are a consultant team, hired to help the