...MAN620/ADM720 Project Management Lecture Session 1 : 26th January 2010 An introduction into project management with some history of project management and some contextual information. How project management has permeated almost all aspects of working life. The evolution of the project management context. Why and under what circumstances project management is used. What characterizes projects and differentiates them from other forms of management. Examples of projects – large medium and small. Chapter 1 - An Introduction to Project Management The Project Management Book of Knowledge (PMBoK) defines Projecy Management as “the application of knowledge, skills, tools and techniques to project activities to meet project requirements”. In the course outline we make the following statements with regard to what this course promises you engineering students. In the engineering environment, Project Management can be practiced either a stand-alone professional discipline or as an integral part of the delivery mechanism for engineering services. Either way, all engineers need a thorough understanding of Project Management theory, principles, practices, tools and techniques. This course has been structured to stimulate the interest of student engineers in the discipline of Project Management and to equip them with sufficient knowledge of the discipline to meaningfully participate in project work at an early stage. Many organisations do not employ full time Project Managers and...
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...Project Management 1. Introduction As a discipline and professional subject, project management has gained unprecedented prevalence throughout the world as a consequence of its role in assisting the organization to efficiently utilize limited resources, resolving sophisticated technology and enhancing its survive in the increasingly competitive market. Specifically, implementing project management techniques assists the organization in curtailing the overheads costs, satisfying project deadlines and customizing the project workplace and so forth. Some 4500 years ago, projects had been undertaken with the pyramids construction by the ancient Egyptians, but it is universally accepted that the period of 1950s is an indication of the arrival of modern management era and the commencement of utilizing formal project management tools and techniques (Awan, 2010). Economic pressures of the industrialized world, competition between rival companies and greater regard for the value, well-being and hence the employment costs of working people have all contributed to the development of new project management ideas and techniques. The purpose of this essay is to identify the major developments in the domain of project management over the past five decades and to explain how these historical developments influence the understanding of modern project management. 2. Crucial Developments in the Field of PM and Repercussions on Understanding Modern Project Management Prior to 1950s...
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...MBP1133 | Project Management Framework Prepared by Dr Khairul Anuar L1 – The Project Environment www.notes638.wordpress.com 1 Lecture Topics 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Introduction Understanding Project Management Overview of Project Management Project Management according to PMBOK® Guide What is a Successful Project Management Benefits of Project Management Obstacles in Project Management Project Deliverables Project Stakeholders Defining Project Success Defining the Project Manager’s Role Project Scope and Product Scope Project Management Success Factors Project Management Failure Project Life Cycle Integrated Processes of Project Management Integrated Processes of Project Management 2 1. Introduction • PM started about 40 years ago in the US in the Department of Defense contractors and construction companies. • Today, the concept behind project management is being applied in such diverse industries and organizations as defense, construction, pharmaceuticals, chemicals, banking, hospitals, accounting, advertising, law, state and local governments, and the United Nations and even transitional planning for a new US president (Romney Readiness Project, in 2012), and NGOs/disaster relief organisation 3 4 2. Understanding Project Management • A project can be considered to be any series of activities and tasks that: Have a specific objective to be completed within certain specifications Have defined start and end dates Have funding...
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...2 3.0 PROJECT MANAGEMENT 2 4.0 PROJECT MANAGEMENT PROCESS 3 5.0 PROJECT LIFE CYCLE 3 6.0 FIRST PROJECT MANAGEMENT PROCESS- PROJECT INITIATION 5 6.1 BENEFIT AND LIMITATION IN PROJECT INITIATION PROCESS 7 7.0 SECOND PROJECT MANAGEMENT PROCESS- PROJECT PLANNING 11 7.1 BENEFIT AND LIMITATION IN PROJECT PLANNING PROCESS 13 8.0 THIRD PROJECT MANAGEMENT PROCESS- PROJECT EXECUTION 14 8.1 BENEFIT AND LIMITATION IN PROJECT EXECUTION PROCESS 16 9.0 FOURTH PROJECT MANAGEMENT PROCESS- CONTROLLING/MONITORING 18 9.1 BENEFIT AND LIMITATION IN PROJECT CONTROLLING/ 20 10.0 FINAL PROJECT MANAGEMENT PROCESS – CLOSING PROCESS 22 10.1 BENEFIT AND LIMITATION IN PROJECT CLOSING PROCESS 23 11.0 BIBLIOGRAPHY 25 12.0 APPENDICES 27 1.0 INTRODUCTION To know the benefit and limitation of using single process for managing projects, firstly we need to know what is project, project management and what is the process to manage projects. 2.0 PROJECT Project is viewed as a conversion or transformation of some form of input into an output. The inputs are some form of want or need which is satisfied through the process. (Harvey Maylor, 1996) 3.0 PROJECT MANAGEMENT According to Project Management Methodology guidebook, project Management is the process of achieving project objectives (schedule, budget and performance) through a set of activities that start and end at certain points in time and produce quantifiable and qualifiable deliverables. Project management...
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...Available online at www.sciencedirect.com International Journal of Project Management 30 (2012) 608 – 620 www.elsevier.com/locate/ijproman The three roles of a project portfolio management office: Their impact on portfolio management execution and success Barbara Natalie Unger a,⁎, Hans Georg Gemünden a , Monique Aubry a b b Technische Universität Berlin, Chair for Technology and Innovation Management, Straße des 17. Juni 135, Sekr. H71, 10623 Berlin, Germany Université du Québec à Montréal, School of Business and Management, P.O. Box 8888 Downtown Station, Montreal, Quebec, Canada H3C 3P8 Received 27 July 2011; received in revised form 29 November 2011; accepted 26 January 2012 Abstract Project portfolio management offices (PPMOs) are a subset of project management offices (PMOs) that handle collections of multiple single projects and programmes, i.e. portfolios. PPMOs are centralised organisational units that cater to the demands of various stakeholders by performing specialised tasks. They are initiated by their organisation's leadership in response to increasing management challenges originating from project portfolios. Although there has been considerable research on PMOs in general, not only a clear understanding of multi-project PMOs' activity patterns set in specific contexts like project portfolio management, but also both existence and mode of multi-project PMOs' contribution to successful performance are still lacking. By quantitatively analysing PPMOs in 278 portfolios...
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...Project Management Exxon Mobil Oil Company Synopsis This paper focuses on the aspects of project management as far as the integral demands for the project management are concerned. Essentially, project management is geared towards achieving the solid goal of the organization which is merely dependent on the policy framework, production mechanisms and the overall performance of the operations manager. In this regard, this paper focuses on the main issue of operations of Exxon Mobil Oil Company which is a major player in the oil industry in US. This company has a well established supply chain which has been responsible for the maintenance of a market leadership for a long time. In fact, business operations at the company have been pegged on a number of project management essentials such as information technology in the management and manipulation of business data. In this regard, business activities at the company has been a practical lesson to majority of its feeder companies which are still struggling to realize a significant market potential as ExxonMobil in the long-run. Indeed, this paper therefore employs theoretical and practical understanding of the essentials of business model assumed by the oil and gas company towards developing proficient business activities in the industry and the globe at large. Background Exxon Mobil Corporation is a multinational Oil and Gas Company based in America and headquartered in The Irving region of Texas, US. This company is the...
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...11/17/07 The Project Management Life Cycle By Jason Westland (A book review by R. Max Wideman) Introduction Editor's Note: We liked so much of this book that we asked for the author's permission to quote extensively from the whole of Jason Westland's Chapter 1. This is because it succinctly describes what follows in detail in the remainder of the book. However, in pursuing our regular book review structure, we placed his text under corresponding headings. Since the quotations are so extensive, we have not followed our normal practice of indenting quoted paragraphs. However, the references are identified in the footnotes. As Jason says: "Welcome to The Project Management Life Cycle. This book describes the Methodl23® Project Management Methodology (MPMM)1 and provides a practical approach to managing projects. Every phase, activity and task in the project life cycle is described here in detail to help you manage staff, customers and suppliers efficiently. By reading this book, you will gain the knowledge and confidence required to properly initiate a project, create detailed project plans, build high quality deliverables, monitor and control delivery and close projects effectively. "Not only will you learn how to successfully complete projects from end to end, but you will also be armed with a suite of tools and templates to allow you to create project deliverables quickly and easily. More than 150 charts, tables and diagrams are included in this book to help explain the steps...
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...Project Management Jo Anne Bishop Ashford University Project Planning and Management BUS611 Dr. Caroline Howard October 14, 2012 Project Management Effective project management is crucial to the success of any project regardless of the size or complexity. Project management experts Karen Tate and Paula Martin said, “Trying to manage a project without project management is like trying to play football without a game plan” (Martin & Tate, 2001, pg 9). Project managers have a difficult job. Their jobs are often times made more difficult by the dynamic environment in which they must work. Project managers must take a project through the entire project management life-cycle, from an idea to a fully developed deliverable. While the job is difficult, there are many tools and processes that have been developed to assist in project management. While they are responsible for the leadership of the project, they have many, such as the project sponsor and project team members, who are there to assist them in ensuring the job gets done. In addition to the personnel who will help him, there are many different project management tools as well. Project scope, work breakdown structures, contingency plans and project management software are all tools that, if used properly, can ensure that a project can be completed within time and budget. Project management is not an easy job but if a project manager understands his project and his roles and responsibilities along with the...
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...related to project management? The video illustrate the introduction of the project management institute. The video shows the project management training programs from registered education provider. In the video, it provided basic information of project management standards. The website source shows the project management maintaining connections with the business world, successful project management programs are learning to adapt to address the changing needs of business. However, the video shows several main points of project management training. Frist one, project management education is growing globally. Second, organizations want project managers with the right skills. 2) How is this specifically related to the textbook information? (Be specific!) The video mentions the important reason why choose from the project management institute and how the project management training development. Project management provides people with a powerful set of tools that improves their ability to plan, implement, and manage activities to accomplish specific organizational objectives. Exciting opportunities await people skilled in project management. (Larson and Gray 2-3). The YouTube video does relate to the textbook information. Because this video is a good commercial introduction to the Project Management Institute. In the textbook, chapter one is all about the modern project management, the importance of project management, and an integrative approach of today’s project management. The project...
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...Project Management Assignment 1 Describe the role of the project manager and identify the project management key elements of an effective project manager. Project management briefly refers to a process of managing a project successfully. Then, in order to achieve an outstanding project outcome; resources, costs, time and even the quality of projects should be optimally managed in this process (Meredith and Mantel, 2010). The project manager, therefore, performs a core role in a project. As Wallace (2002) demonstrated, the project manager should reasonably coordinate and manage everything directly or indirectly involved in the project as the centre of it. For example, the project manager might continue to communicate with some relevant departments until the project’s accomplished. Or perhaps, the project manager is required to provide staff with a comfortable external environment. Hence, the project manager has a full responsibility for each phase of the project. Hartley (2009) described a project life cycle is generally classified as four phases that are definition, planning, execution and completion respectively. At the initiation of the project, or the first phase, the project scope should be aware correctly based on the project’s feasibility and assessment (Thomsett, 2002). This is; series of issues such as specific goals, working criteria, and tasks should be clearly determined. Due to the purpose of protecting project stakeholders’ interest, this phase performs a...
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...Managing Projects Table of Contents Task 1 3 1.1. Network diagram 3 1.2. Total float 3 1.3. Critical path. 4 1.4 Timetable 4 1.5. Adjusted timetable 5 1.6. Limitations of the network diagrams 6 i. Time 6 ii. Costs 6 iii. Ambiguity 7 iv. Complexity 7 v. Reliability 7 vi. External factors 7 Task 2 7 2.0. Executive summary 7 2.1. Introduction 8 2.1.1. Project management 8 2.1.2. The roles and the scope of the project manager in a company 9 2.2. Project management techniques 10 2.3. Methodology 10 2.4. Project development stages and process 11 Initiation stage 12 Planning and designing stage 13 Execution of the project 13 Monitoring and controlling stage 14 Closing stage 14 2.5. Risks and control problems 14 2.6. Recommendations 16 2.7. Conclusion 16 Reference lists 18 Task 1 1. Network diagram [pic] 2. From the below snapshot derived from a programming software, the total float days is equal to 76 days [pic] 3. From the below diagram, the critical path is determined by the longest duration between the tasks that the project may take to complete. The red arrows denote the path. This time does not include the floats between the tasks but instead the period between the parallel tasks (Nigel 1995). [pic] 4. |ID |Task Name |Duration (Days) |Start ...
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...Project Management-C101 Section A Part One: 1. C) Project 2. C) Lower cost of capital 3. D) Projects involve little uncertainty 4. C) Meeting communications goals 5. A) Proposal 6. A) Project Management 7. A) Strategic, tactical 8. B) Program 9. D) Technical skills 10. B) Process Part Two: Q1. Project management is a one-time carefully planned and organized effort to achieve a specific goal. Project management includes: Developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion Implementing the project plan, carefully to make sure the plan is being managed according to plan. The different phases of a project lifecycle are as below: Project Lifecycle 1. Project Initiation Project Initiation in simple terms is: starting up the project. We initiate a project by defining its reason, business goals, and scope. The reason for initiating it, and the propose solution to be implemented. We will also put together a project team, define early milestones, and early budget proposal. With the above information we can move on and perform an end of Phase study in order to get a GO No GO decision. 2. Project Planning Once we define the project and assemble the project team, we are ready to enter the in depth Project Planning phase. This involves creating the "PMP", Project Management Plan, in...
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...letters.” Chapter 1 1) The association designed to bring together project management professionals and systematically capture project management knowledge is called: 1) _______ A) Project Management Institute. B) Project Management Professionals Association. C) PM Knowledge Organization. D) The Knowledge Association. 2) A planned undertaking of related activities to reach an objective that has a beginning and an end is called: 2) _______ A) a system. B) a campaign. C) a project. D) an undertaking. 3) Projects are: 3) _______ A) to be avoided. B) indefinite. C) temporary. D) never successful. 4) A ________ is a person who has an interest in a new or existing project. 4) _______ A) professional B) projector C) stakeholder D) federal investigator 5) A ________ provides high level support for a project. 5) _______ A) stakeholder B) project manager C) project sponsor D) projector 6) A project failure can be: 6) _______ A) a project that finishes but exceeds it budget. B) a project that does not finish on time. C) a project that finishes on time and budget but does not deliver a system that meets expectations. D) all of the above. 7) Which factor is among the primary reasons for project failure? 7) _______ A) Failed communication among parties B) Poor quality control C) Lack of planning D) All of the above 8) Failure can take place ________ of a project. 8) _______ A) during the initiation process B) during any process C) during...
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...[pic] Project Human Resource Plan Template This Project Human Resource Plan Template is free for you to copy and use on your project and within your organization. We hope that you find this template useful and welcome your comments. Public distribution of this document is only permitted from the Project Management Docs official website at: www.ProjectManagementDocs.com Human Resource Plan Company Name Street Address City, State Zip Code Date Table of Contents Introduction 2 Roles and Responsibilities 2 Project Organizational Charts 3 Staffing Management 4 Introduction This section explains the purpose and importance of having a human resources management plan. It should provide a general description of what the plan includes and explain how the project manager and project team can use the plan to help them manage the project effectively. Human resources management is an important part of the Software Upgrade Project. The human resources management plan is a tool which will aid in the management of this project’s human resource activities throughout the project until closure. The human resources management plan includes: • Roles and responsibilities of team members throughout the project • Project organization charts • Staffing management plan to include: a. How resources will be acquired b. Timeline for resources/skill sets c. Training required to develop skills ...
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............................................................................. 4 Main Body .............................................................................................................................................. 5 1.0 Project Charter ......................................................................................................................... 5 Project Vision .................................................................................................................................. 6 Project Objectives/Deliverables ....................................................................................................... 6 Assumptions .................................................................................................................................... 7 Risks and Dependencies................................................................................................................... 7 Actor Catalog .................................................................................................................................. 9 Business Process Flow ................................................................................................................... 10 Project Organization Chart ............................................................................................................. 11 Roles and Responsibility ......................................................................................
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