Ten Organizational Design Models to align structure and operations to busines...
Introduction to Project Management
1. Chapter One
The World of
Project Management
I am Akin Shokunbi
2. What Is a Project?
“A temporary endeavor undertaken to create a
unique product or service.”*
Term Means that a Project
temporary Has a beginning and end
endeavor Involves effort, work
to create Has an intention to produce something
(project "deliverables"
unique One of a kind, rather than a collection of
identical items
product Tangible objects, but could include things like
computer software, film or stage works
service Might include the establishment of a day-care
center, for instance, but not its daily
operations.
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3. What Is
Project Management ?
Project management is the discipline of planning,
organizing, securing, and managing resources to
achieve specific goals.
Project management is the science (and art) of
organizing the components of a project
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6. The Triple Constraint
Time Cost
OR, IN
Quality/Scope
PLAIN
ENGLISH
Fast Cheap
Good
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7. Triple Constraint Trade-Offs
Cost
Quality/Scope
Constraint Required Adjustment Alternatives (One or
Change Combination of Both)
Shorter Time Higher Cost Reduced Quality or Narrowed
Scope
Reduced Cost More Time Reduced Quality or Narrowed
Scope
Higher Quality or More Time Higher Cost
Increased Scope
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8. Triple Constraint: Setting Priorities
Priority Matrix
Constraint 1 2 3 Measurement
Time
Cost
Quality/Scope
•Must be set by customer and sponsor near startup.
•May change over time, but a change is a significant event!
Example of a Comple te d Priority Matrix for a Construction Proje ct
Constraint 1 2 3 Measurement
Building must be completed by
Time X October 31 of this year to
accommodate corporate move.
Costs for the project must not
Cost X exceed $22.5 million.
Must provide workspace for 120 call
Quality/Scope X center staff.
If these are the established priorities and measurements, what are
some of the implications for the project if the project starts running late
or shows signs of exceeding budget?
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9. What uncertainties are encountered in
project management?
Time required to complete a project
Availability of key resources
Cost of resources
Timing of solutions to technological problems
Actions taken by competitors
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11. Program
A Program is a group of projects managed collectively.
This projects could be inter-related or inter-dependent
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12. Program management
Program management or programme management is
the process of managing several related projects
This is usually done by top ranking officers of an
organization most times The C.E.O,The C.I.O etc.
They are called Program Manager.
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14. #1—Project Integration Management
Bringing it All Together:
Building the Project Plan
Project Execution
Integrated Change Control
Project Management “Nerve Center”
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15. #2—Project Scope Management
Staying Vigilant in Defining and Containing Scope
throughout the Project
Project Initiation
Scope Planning
Scope Definition
Scope Verification
Scope Change Control
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16. #3—Project Time Management
Determining What Gets Done and When through:
Activity Definition
Activity Sequencing
Activity Duration Estimating
Schedule Development
Schedule Control
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17. #4—Project Cost Management
Planning for Resources
Estimating Costs
Creating the Budget
Managing/Controlling
the Budget
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