...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...
Words: 4494 - Pages: 18
...INSTRUCTOR’S RESOURCE MANUAL CHAPTER ONE Introduction: Why Project Management? To Accompany PROJECT MANAGEMENT: Achieving Competitive Advantage By Jeffrey K. Pinto CHAPTER ONE PROJECT PROFILE – Disney’s Expedition Everest INTRODUCTION 1. WHAT IS A PROJECT? General Project Characteristics 2. WHY ARE PROJECTS IMPORTANT? PROJECT PROFILE – Dubai – Land of Mega-Projects 3. PROJECT LIFE CYCLES PROJECT MANAGERS IN PRACTICE – Christy Rutkowski, Regency Construction Services 4. DETERMINANTS OF PROJECT SUCCESS PROJECT MANAGEMENT RESEARCH IN BRIEF – Assessing Information Technology (IT) Project Success 5. DEVELOPING PROJECT MANAGEMENT MATURITY 6. PROJECT ELEMENTS AND TEXT ORGANIZATION Summary Key Terms Discussion Questions Case Study 1.1 – MegaTech, Inc. Case Study 1.2 – The IT Department at Hamelin Hospital Internet Exercises PMP Certification Sample Questions Bibliography TRANSPARENCIES 1.1 GENERAL PROJECT CHARACTERISTICS 1) Projects are ad hoc endeavors with a clear life cycle. 2) Projects are building blocks in the design and execution of organizational strategies. 3) Projects are responsible for the newest and most improved products, services, and organizational processes. 4) Projects provide a philosophy and strategy for the management of change. 5) Project management entails crossing functional and organizational boundaries. ...
Words: 2868 - Pages: 12
...where this outcome might be positive or negative arising from an action. While risks can affect almost all aspects of our life, studies back to the end of World War II only started to take place establishing the basis of how risks might be controlled and managed (Dionne, 2013), even in the context of financial institutions, risk analysis was not well considered until very recently (SCHROECK, 2002). Since the negative outcomes of an action are undesired and to some extent, catastrophic, risk management is getting greater attention overtime and becoming an integral part of managing businesses and projects or even personal events. Risk management, in my opinion, is described as the process of defining, assessing, prioritizing, and then developing and implementing plans for either minimizing the impact of the future outcome in case of negative risk or maximizing the impact of the future outcome in case of positive risk. Another definition dealing with the project’s risks, as per the Project Management Institute is that “Project Risk Management includes the process of conduction risk management planning, identification, analysis, response planning, and monitoring and control of a project.” (PMI, 2008, p. 273) Moreover, leveraging the possibility and effect of positive risks and reducing the possibility and impact of negative risks are indeed the objectives of project risk management (PMI, 2008) As we can see from those definitions, in brief, to manage risk, there is a need to systematically...
Words: 1901 - Pages: 8
...Introduction to the Capstone Project Recommended Activities for This Unit Instructor Functions|Student Tasks| • Discuss the course structure layout. • Present an overview of the capstonecase study or Request for Proposal (RFP).|Discuss the capstone project or Request for Proposal (RFP) to identify the following: o Objectives and scope o Requirements and specifications o The resources, such as human, time, funds, space, and tools, required to deliver the product o Tasks o Deliverables o Milestones• Identify major milestones and individual tasks.| • Explain how to launch and configure Microsoft Office Project 2003.|Explore Microsoft Office Project 2003.| • Discuss project planning and management using Microsoft Office Project 2003 and relate the software to the capstone project. o Define the basic terminology of project management. o Explain the project management life cycle. o Explain project management knowledge areas.|Define project management terminology and apply the terminology to the capstone project.| • Organize project teams. o Define team member roles and responsibilities.|Select teams.• Define team member roles and responsibilities.• Elect peers to fill appropriate roles.| Network Development Capstone Project Unit 1 Instructor Functions|Student Tasks| • Identify the key components of the capstone project. o Discuss the key requirements for the successful completion of the project. See Appendix B for a complete...
Words: 2321 - Pages: 10
...uncertainty in the market place (demand, supply and Stock market), failure of projects, accidents, natural disasters etc. There are different tools to deal with the same depending upon the kind of risk.Ideally in risk management, a risk prioritization process is followed in which those risks that pose the threat of great loss and have great probability of occurrence are dealt with first. Refer to table below: | | IMPACT | ACTIONS | SIGNIFICANT | Considerable Management Required | Must Manage and Monitor Risks | Extensive Management essential | MODERATE | Risk are bearable to certain extent | Management effort worthwhile | Management effort required | MINOR | Accept Risks | Accept but monitor Risks | Manage and Monitor Risks | | LOW | MEDIUM | HIGH | | LIKELIHOOD | The above chart can be used to strategize in various situations. The two factors that govern the action required are the probability of occurrence and the impact of the risk. For example a condition where the impact is minor and the probability of occurrence is low, it is better to accept the risk without any interventions. A condition where the likelihood is high and the impact is significant, extensive management is required. This is how a certain priority can be established in dealing with the risk.Apart from this, typically most of the organizations follow a risk management cycle. Refer diagram below:According to this cycle there are four steps in the process of risk management. The first step is the...
Words: 1191 - Pages: 5
...By Jessica Sam Published in 2010, Sustainable Tourism in Island Destinations by Sonya Graci and Rachel Dodds is the fourth title in the Earthscan series following Slow Travel and Tourism, Tourism and Poverty Reduction and Tourism Development and the Environment: Beyond Sustainability? This book extensively overviews and critically explores the relationship between tourism, development and the environment of islands reflecting contemporary economic, socio-cultural and political contexts. S. Graci is an Assistant Professor at Ted Rogers School of Hospitality and Tourism Management at Ryerson University, Toronto, Canada while R. Dodds is an Associate Professor at the same institution. The authors’ use several of their very own island project works that provide innovative discussion and practical management structures to explore the development role of tourism in relation to the impacts of the environment and their potential overexploitation threats. The authors’ provide eight well-chosen illustrative case studies to focus on innovative discussions regarding issues of sustainability on island tourism destinations, they include sub-jurisdiction islands such as Moose Factory, Canada; Cayos Cochinos, Honduras; St. Kitts; Calvia, Mallorca, Spain; Chumbe, Tanzania; Koh Phi Phi, Thailand; Gili Trawangan, Indonesia; and Sanya, China. The hard-covered book looks very bright appealing, although the photographs inside are black and white, which unfortunately does not catch the reader’s...
Words: 1023 - Pages: 5
...2/29/2016 Objectives 2 To understand Rapid Application Development (RAD) by outlining A brief history of development approaches leading to it Rationale Advantages/Disadvantages GUI Builders/Designers Event Driven Programming Application Programming II Rapid Application Development and Prototyping Rapid Application Development and Prototyping What is RAD? 3 RAD Approaches 4 Rapid Application Development (RAD) is a development lifecycle designed to give much faster development and higher-quality results than those achieved with the traditional lifecycle. It is designed to take the maximum advantage of powerful development software that has evolved recently (Martin, 1991). By using a series of proven application development techniques, within a well-defined methodology, organisations can quickly and cheaply develop systems without compromising on quality . Rapid Application Development and Prototyping Barry Boem’s spiral model James Martin's RAD methodology Agile methods Rapid Application Development and Prototyping 1 2/29/2016 What is RAD? 5 What is RAD? 6 Dr. James Martin came up with the RAD software development methodology/approach in the late 1980’s. This was in response to the non-agile Stagewise or Waterfall Models methodologies of the 1970s. Unlike the traditional conventional approaches, RAD emphasises development rather than specification and planning. It...
Words: 3016 - Pages: 13
... | |PROJECT MANAGEMENT ASSIGNMENT | | | | | | | |UNIVERSITY OF WALES | | | | | | WORD COUNT: 4,091 | | | TABLE OF CONTENTS PAGES 1. DEFINITIONS, METHODS AND PRACTICES OF PROJECT MANAGEMENT 3 - 6 2. ACTIVITIES AND TECHNIQUES FOR PROJECT MANAGEMENT 7 - 22 3. SKILLS AND COMPETENCIES OF A PROJECT MANAGER 23-30 4. CHANGE MANAGEMENT 31-33 5. STAKEHOLDERS CONSULTATION 34-37 6. REFERENCES AND BIBLIOGRAPHY 38-42 A. DEFINITIONS The term ‘project’ can be described as a unique one-off...
Words: 4453 - Pages: 18
...reduce costs. Project Title: Relocation to Banbury- Oxfordshire. Project management is managing a work project by proper scheduling and planning. Project management wants harmonization from the top to the bottom and they are all oriented on what essentials to be fixed in the business. Business objectives that should be maintained during the relocation project • The target of business income, which is 10% growth annually. • Decreasing the material costs related with office space and increases the profitability. • Maintaining producing capacity of the business. • Improvement of the class of provision and the workplace to the consultants and clients • Updating the Information Technology systems and services for the business • Minimalizing of the human resource expenditures related with the transfer Projects that has been identified during relocations are, 1) Visit the new location and design the office spaces and interior. 2) Arrange the new place with necessary furniture and upholstery. 3) Verify and connect the electricity and air condition systems. 4) Prepare and arrange the restrooms and water connection. 5) Prepare and verify the Internet and telephone connections. 6) Plan a weekend to transport the computers and other equipment to new office. 7) Recommence the following working day in the new office space without any confusion. GANTT Chart for the project: The Gantt chart is a famous tool used to design a project with respect to its...
Words: 3723 - Pages: 15
...| | | |Name/Number: |Michael Alan Smith/6343HNDDL | | | | |Address: |Sluzska 780/36 | | |Praha 8 | | |Czech Republic | | | | |Post code / Zip: |182 00 | | | | |Telephone No: |00420 608 52 11 96 | |...
Words: 5689 - Pages: 23
...Task 2: What is Project Management? A project is a unique in that it is not a routine/daily operation/activity of an entity, but a specific set of operations/activities designed to accomplish a unique goal. A project team often includes people who don’t usually work together – sometimes from different organizations and across multiple geographies. For e.g. the development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market — all are projects. And all must be expertly managed to deliver the on-time, on-budget results, learning and integration that organizations need. Project management, then, is the application of 1. knowledge, 2. skills and 3. techniques to execute projects effectively and efficiently. It’s a strategic competency for organizations, enabling them to tie project results to business goals — and thus, better compete in their markets. 5 Basic Phases of Project Management Project Management Institute, Inc. (PMI) defines project management as "the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of a particular project." The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: 1. Project conception and initiation An idea for a project will be carefully examined to determine whether or...
Words: 2820 - Pages: 12
...effective hand washing using soap or antibacterial agent. | | |1. Knowledge used in producing the supporting documents and skills demonstration | | | a. Theory of learning styles This presentation was greatly influenced by the work of David Kolb's and Honey and Munford learning styles model. Kolb's research found that people learn in four ways with the likelihood of developing one mode of learning more than another. As shown in the 'experiential learning cycle' model below, learning is: • through concrete experience...
Words: 1091 - Pages: 5
...Overview Green procurement is an approach to procurement in which environmental impacts play an important role in purchasing decisions, with procurement officers concerned about more than just price and quality. Companies which pride themselves on environmental stewardship and thoughtful care of the environment may use green procurement, among many other tactics, to ensure that they do business in an environmentally responsible way. A number of aspects of the procurement process may be adjusted to meet a mission of environmental sustainability. Within a procurement office, green procurement can involve changes in office procedure which are designed to benefit the environment. For example, rather than having people submit purchase orders and requests on paper, the procurement office might switch to electronic methods of communication so that paper is not wasted. The office might also engage in environmentally friendly activities like reducing energy usage, keeping plants around the office to improve air quality, or buying carbon offsets to compensate for office energy usage Main Categories of Green Procurement Products manufactured from recovered materials, Environmentally preferable products, Energy efficient products, Biobased products, Alternative fuels and fuel efficient vehicles, and Non-ozone depleting substances. Implementing a green procurement program 1. Organizational support: Implementing a green procurement program means changing policies and procedures...
Words: 1334 - Pages: 6
...NOTE: This example is not intended to indicate a good or poor research proposal. IT is intended to be used in class for discussion purposes. Copy right: University of Limpopo Table of Contents Pages |1. Introduction |3 | |2. Problem statement |4 | |3. Aim of the study |4 | |4. Objectives of the study |4 | |5. Research questions |5 | |6. Definitions of concepts |5 | |7. Literature review |6 | |7.1Project Management |6 | |7.2 Human resources management |10 | |7.3. Supply chain management |11 | |7.4. Communications and integration...
Words: 6074 - Pages: 25
...1. 1. Approximately what percentage of the wortd's gross domestic product is spent on projects? a. 10 percent b. 25 percent c. 50 percent d. 75 percent b. 25 percent 2. 2. Which ofthe following is a I'IOt a potential advantage of using good projectmanagement?a. Shorter developmenttimesb. Higher workermoralec. Lower cost of capitald. Higher profitmargins c. Lower cost of capital 3. 3. A ___ is a temporary endeavor undertaken to create a unique product, service, or result. a . program b process c. project d . portfolio c. project 4. 4. Which of the following is not an attribute of a project? a. projects are unique b. projects are developed using progressive elaboration c. projects have a primary customer or sponsor d. projects involve little uncertainty d. projects involve little uncertainty 5. 5. Which of the following is not part of the triple constraint of project management? a. meeting scope goals b. meeting time goals c. meeting corrmunications goals d. meeting cost goals c. meeting corrmunications goals 6. 6 . ___ is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. a. Project management b. Program management c. Project portfolio management d. Requirements management a. Project management 7. 7. Project portfolio management addresses ___ goals of an organization, while project management addresses ___ goa • . a. strategic, tactical b. tactical, strategic c....
Words: 4586 - Pages: 19