SlideShare une entreprise Scribd logo
1  sur  35
Télécharger pour lire hors ligne
Project Management Framework
Demand for effective project management 
Global demand for project management talent is 
rising faster than supply 
Keeping the pipeline filled will be challenging
Understanding of 
the project 
environment 
What is PM Body of Knowledge ? 
Application area 
Knowledge, 
standards & 
regulations 
General Mgmt 
Knowledge & 
Practice 
Project Manager 
Body of 
Knowledge 
Interpersonal 
Skills
Project/Program/Portfolio Interactions
Comparison
Project Life Cycle Phases 
Initiate Plan Executive Control Close 
Milestones at every critical stage 
or logical completion stage of the Project
Overlap of Process Groups 
Execution 
Control 
Time 
Effort 
Planning 
Initiation 
Closing 
Product Start Product Finish
Project Processes 
Closure 
Processes 
Initiation 
Processes 
Controlling 
Processes 
Executing 
Processes 
Planning 
Processes
Project Process Groups 
Initiating 
Closing 
Initiating 
Project Phase (Design) 
Project Phase (Feasibility) 
Plan 
Do 
Planning 
Executing 
Monitoring 
& Control 
Monitoring 
& Control 
Act Check
PMBOK Knowledge areas Framework 
Cost 
Management 
Quality 
Management 
Communication 
Management 
Time 
Management 
Scope 
Management 
Human Resource 
Management 
Procurement 
Management 
Risk 
Management 
Integration 
Management
Project Management Framework*
Planning Process Group
Planning Process: Risk Analysis 
Draw a Risk Table to Summarize 
Wonderful Management Tool/Report 
Prob. 
Impact 
High 
Medium 
Low 
Low Medium High 
2. Time estimate and 
funds inadequate for the 
scope of this project; 
may be late and over 
budget. 
3. Lack of skilled staff, 
organization slow to hire 
adequate staff; may 
delay implementation. 
1. Lack of commitment. 
Headquarters may have to 
assume more responsibility; 
will result in project delay, 
cost overruns. 
6. Cannot get office space 
for staff; may cause 
communication problems, 
delaying the execution 
phase. 
5. Expecting major scope 
changes from clients; 
may cause delay and 
cost escalation. 
4. Not enough time spent 
planning, lack of 
understanding of problem; 
may take longer/ 
cost more than anticipated.
Projects Artifacts: WBS - Typical Tasks 
Detailed WBS Example 
for procuring an 
Equipment System
Projects Artifacts: Costed WBS 
Use Software to roll costs up the WBS 
ID Task Name Account Fixed Cost Total Cost Payment 
36 Final Submission $0.00 $33,000.00 $0.00 
37 Final Design Work C14 $5,000.00 $25,000.00 $0.00 
38 Final Plan C14 $0.00 $8,000.00 $0.00 
39 TB Submission $0.00 $0.00 $0.00 
40 EPA $0.00 $0.00 $40,000.00 
41 Software (Subcontract 50-B) $0.00 $133,000.00 $0.00 
42 SW Design $12,000.00 $62,000.00 $0.00 
43 Do Prelim SW design S21 $0.00 $20,000.00 $0.00 
44 PDR $0.00 $0.00 $0.00 
45 Do Final SW design S22 $0.00 $30,000.00 $0.00 
46 CDR $0.00 $0.00 $70,000.00 
47 SW Construction $12,000.00 $71,000.00 $0.00 
48 Code CSC A S31 $0.00 $6,000.00 $0.00 
49 Code CSC B S31 $0.00 $8,000.00 $0.00 
50 Integrate&Tst CSCI 1 S32 $0.00 $20,000.00 $0.00
Executing Process Group
Monitoring & Controlling Process Group
Closing Process Group
Tools: Gantt Chart 
Gantt with Resource Histogram
Tools: PERT Chart 
Ordering the Activities: PERT Chart 
Arrow Diagramming Method (ADM) 
1 
2 
3 
4 5 
6 
A 
C 
E 
B 
D 
F 
G 
7d 
3d 
4d 
6d 
3d 
10d 5d
Tools: Critical Path Method (CPM) 
• The critical path are the tasks that have the longest 
path. 
• Tasks are performed in parallel or one task is 
completed before the next one can begin. 
• This graph shows why if one task is not completed on 
time can impact or cause delays to the schedule. Could 
cause a major problem to the outcome of the project.
Tools: Critical Path Method (CPM) 
This diagram shows six tasks in the project schedule. Tasks A, C, and F 
are on the critical path, which means if one of these tasks takes longer 
than expected, the project will not meet the deadline. 
Start Finish 
A 
B 
C 
D 
E 
F 
wk1 wk2 wk3 wk4 wk5 wk6 wk7 
A 
B 
C 
D 
E 
F
Tools: Critical Path Method (CPM) 
This diagram shows how Task A took longer than expected, which 
affected when Tasks C & F could start and added 1.5 weeks to the 
original schedule. 
Start Finish 
A 
B 
C 
D 
E 
F 
wk1 wk2 wk3 wk4 wk5 wk6 wk7 
A 
B 
C 
D 
E 
F
Organizational Project Management 
Maturity Model 
• Organizational Project Management Maturity Model 
(OPM3®) helps organizations understand their project 
management processes, ensures that their projects are tied to 
the organization's larger strategy, and measures and guides 
their capabilities for improvement.
OPM3 Elements
Best Practices: What the Winners Do* 
• Recent research findings show that companies that excel in 
project delivery capability: 
– Build an integrated project management toolbox (use 
standard/advanced PM tools, lots of templates) 
– Grow competent project leaders, emphasizing business and 
soft skills 
– Develop streamlined, consistent project delivery processes 
– Install a sound but comprehensive set of project 
performance metrics 
*Milosevic, Dragan, Portland State University, “Delivering Projects: 
What the Winners Do,” PMI Conference Proceedings, November 2001
Findings From 5-Year Study on Quantifying 
the Value of PM* 
1. Companies with more mature project management practices 
have better project performance (on time and budget vs. 40% 
over time and 20% over cost targets) 
2. Project management maturity is strongly correlated with more 
predictable project schedule and cost performance (i.e. .08 
schedule performance index variation vs. .16) 
3. Good project management companies have lower direct costs 
than poor project management companies (6-7% vs. 11-20%) 
*Ibbs, William and Justin Reginato, Quantifying the Value of Project 
Management (2002)
PM ROI Example* 
• Company initially has PMM of 2.3, CPI of .71, profit margin of 5% , 
$10 M projected annual revenues 
• Company improves PMM to 3.1, CPI to .94, profit margin to 6.6% at 
a cost of $400,000 
• PM ROI = (6.6%-5.0%)X$10,000,000 = 40% 
$400,000 
*Ibbs, William, “Managing Chaotic Projects: Improving your PM/ROI” 
http://www.ce.berkeley.edu/pmroi/PMROI%20PMI%20Presentation%20Feb2001.pdf
Trends in Agile Project Management 
Scrum 1996 
DSDM 1994 
XP 1996 
& others 
Lean 
(Kanban) 
Software 
2002 
Agile 
Alliance 
formed 
2000 
Scrum/XP 
transition 
strengthe 
ns 
IT industry 
becomes 
Agile, then 
business 
Scrum 
gains 
worldwide 
prominenc 
e
Communities of Practice (COP) 
Agile Ethics in Project Management 
Global Diversity Leadership in PM 
Organizational Project Management Project Risk Management 
Service and Outsourcing Troubled Projects 
Earned Value Management E-Business 
Financial Services Industry Global Sustainability 
Human Resource Project Management Information Systems 
International Development New Practitioners 
PMI Legal Project Management Program Management Office 
Project Management Quality PM Marketing and Sales 
Scheduling Innovation and New Product Development 
Learning Education and Development (LEAD)
PMI Certifications 
• CAPM 
• PMP 
• PgMP 
• PMI-ACP 
• RMP 
• SMP
Certified Associate in Project Management (CAPM) 
• For a person holding a minimum of a high school diploma, associate's 
degree or the global equivalent AND 
• Work Experience : Minimum of 1500 hours of team project 
management experience OR 
• Formal Education : Minimum 23 contact hours of project management 
education. 
• Fees: 
• PMI member $225 
• Nonmember $300 
• Validity: 5 years 
• 135 questions, 3 hours
Globally Recognized Standards
Contact Information 
• Web site: www.pmipunechapter.org 
• Yahoo Group membership: 8500+ Join us at 
http://finance.groups.yahoo.com/group/pmi-pune-chapter 
• PMP / CAPM Discussion Forum 
http://finance.groups.yahoo.com/group/PMI_Pune_Exam_Forum/ 
• Seminar abstract to : programs@pmipunechapter.org 
• Newsletter Articles / Advt. to: publications@pmipunechapter.org 
• For PMP Workshop send mail to development@pmipunechapter.org 
( +91 9922909060
Thank You 
www.pmi.org 
www.pmi.org.in

Contenu connexe

Tendances

Project Time Management | Project Schedule Management | Edureka
Project Time Management | Project Schedule Management | EdurekaProject Time Management | Project Schedule Management | Edureka
Project Time Management | Project Schedule Management | EdurekaEdureka!
 
PMO Presentation
PMO PresentationPMO Presentation
PMO PresentationTURKI , PMP
 
The Project Management Process - Week 1
The Project Management Process -  Week 1The Project Management Process -  Week 1
The Project Management Process - Week 1Craig Brown
 
Project Management Tutorial | PMP Certification | Edureka
Project Management Tutorial | PMP Certification | EdurekaProject Management Tutorial | PMP Certification | Edureka
Project Management Tutorial | PMP Certification | EdurekaEdureka!
 
Project Management Concepts (from PMBOK 5th Ed)
Project Management Concepts (from PMBOK 5th Ed)Project Management Concepts (from PMBOK 5th Ed)
Project Management Concepts (from PMBOK 5th Ed)Jeremy Jay Lim
 
PMP Chapter 1 of 6 introduction (Based on PMBOK 6th edition)
PMP Chapter 1 of 6  introduction (Based on PMBOK 6th edition)PMP Chapter 1 of 6  introduction (Based on PMBOK 6th edition)
PMP Chapter 1 of 6 introduction (Based on PMBOK 6th edition)Shamil Habet
 
Project Management - PMI Approach
Project Management - PMI ApproachProject Management - PMI Approach
Project Management - PMI ApproachZaur Ahmadov, PMP
 
Fundamentals of project management
Fundamentals of project managementFundamentals of project management
Fundamentals of project managementMohamed Amin
 
Project Management Fundamentals
Project Management FundamentalsProject Management Fundamentals
Project Management FundamentalsNishant Munjal
 
Project integration management
Project integration managementProject integration management
Project integration managementPrabudh Dhingra
 
Project Time Management - PMBOK 5th Edition
Project  Time Management - PMBOK 5th EditionProject  Time Management - PMBOK 5th Edition
Project Time Management - PMBOK 5th Editionpankajsh10
 

Tendances (20)

Project Management Concepts
Project Management ConceptsProject Management Concepts
Project Management Concepts
 
Project Time Management | Project Schedule Management | Edureka
Project Time Management | Project Schedule Management | EdurekaProject Time Management | Project Schedule Management | Edureka
Project Time Management | Project Schedule Management | Edureka
 
PMO Presentation
PMO PresentationPMO Presentation
PMO Presentation
 
The Project Management Process - Week 1
The Project Management Process -  Week 1The Project Management Process -  Week 1
The Project Management Process - Week 1
 
Project Management Tutorial | PMP Certification | Edureka
Project Management Tutorial | PMP Certification | EdurekaProject Management Tutorial | PMP Certification | Edureka
Project Management Tutorial | PMP Certification | Edureka
 
PMO-Framework
PMO-FrameworkPMO-Framework
PMO-Framework
 
Project Management Concepts (from PMBOK 5th Ed)
Project Management Concepts (from PMBOK 5th Ed)Project Management Concepts (from PMBOK 5th Ed)
Project Management Concepts (from PMBOK 5th Ed)
 
PMO Presentation
PMO PresentationPMO Presentation
PMO Presentation
 
PMP Chapter 1 of 6 introduction (Based on PMBOK 6th edition)
PMP Chapter 1 of 6  introduction (Based on PMBOK 6th edition)PMP Chapter 1 of 6  introduction (Based on PMBOK 6th edition)
PMP Chapter 1 of 6 introduction (Based on PMBOK 6th edition)
 
Project Management - PMI Approach
Project Management - PMI ApproachProject Management - PMI Approach
Project Management - PMI Approach
 
PMO Mandate
PMO MandatePMO Mandate
PMO Mandate
 
The PMO journey
The PMO journeyThe PMO journey
The PMO journey
 
Fundamentals of project management
Fundamentals of project managementFundamentals of project management
Fundamentals of project management
 
project management
project managementproject management
project management
 
PMO 101
PMO 101PMO 101
PMO 101
 
Project Management Fundamentals
Project Management FundamentalsProject Management Fundamentals
Project Management Fundamentals
 
PMO Frameworks
PMO FrameworksPMO Frameworks
PMO Frameworks
 
Project integration management
Project integration managementProject integration management
Project integration management
 
Pmo Why?
Pmo Why?Pmo Why?
Pmo Why?
 
Project Time Management - PMBOK 5th Edition
Project  Time Management - PMBOK 5th EditionProject  Time Management - PMBOK 5th Edition
Project Time Management - PMBOK 5th Edition
 

Similaire à Project Management Framework

Projectmanagement 141108102434-conversion-gate01
Projectmanagement 141108102434-conversion-gate01Projectmanagement 141108102434-conversion-gate01
Projectmanagement 141108102434-conversion-gate01Mehmet Demir
 
projectmanagement-141108102434-conversion-gate01-converted.pptx
projectmanagement-141108102434-conversion-gate01-converted.pptxprojectmanagement-141108102434-conversion-gate01-converted.pptx
projectmanagement-141108102434-conversion-gate01-converted.pptxChandrasen Sharma
 
Northern Finishing School: IT Project Managment
Northern Finishing School: IT Project ManagmentNorthern Finishing School: IT Project Managment
Northern Finishing School: IT Project ManagmentSiwawong Wuttipongprasert
 
Introduction To Project Management
Introduction To Project ManagementIntroduction To Project Management
Introduction To Project ManagementUW Madison
 
Mega project not mega problems session 1
Mega project not mega problems session 1Mega project not mega problems session 1
Mega project not mega problems session 1Aconex
 
Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...
Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...
Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...Lviv Startup Club
 
Project Management Overview
Project Management OverviewProject Management Overview
Project Management Overviewcford1973
 
TVPM - Good Lec.pptx
TVPM - Good Lec.pptxTVPM - Good Lec.pptx
TVPM - Good Lec.pptxbramepk1
 
The Effective Management of Time
The Effective Management of TimeThe Effective Management of Time
The Effective Management of TimeInSync Conference
 
Is5540 course review
Is5540 course reviewIs5540 course review
Is5540 course reviewAsa Chan
 
Backup jim cassidy
Backup jim cassidyBackup jim cassidy
Backup jim cassidyNASAPMC
 
L01 introduction to pm
L01 introduction to pmL01 introduction to pm
L01 introduction to pmAsa Chan
 
Cassidy.jim
Cassidy.jimCassidy.jim
Cassidy.jimNASAPMC
 
Introduction to ict project management
Introduction to ict project managementIntroduction to ict project management
Introduction to ict project managementmanproy
 
PMP selected topics and ideas
PMP selected topics and ideasPMP selected topics and ideas
PMP selected topics and ideasAhmad Hamid
 

Similaire à Project Management Framework (20)

Projectmanagement 141108102434-conversion-gate01
Projectmanagement 141108102434-conversion-gate01Projectmanagement 141108102434-conversion-gate01
Projectmanagement 141108102434-conversion-gate01
 
projectmanagement-141108102434-conversion-gate01-converted.pptx
projectmanagement-141108102434-conversion-gate01-converted.pptxprojectmanagement-141108102434-conversion-gate01-converted.pptx
projectmanagement-141108102434-conversion-gate01-converted.pptx
 
Northern Finishing School: IT Project Managment
Northern Finishing School: IT Project ManagmentNorthern Finishing School: IT Project Managment
Northern Finishing School: IT Project Managment
 
Introduction To Project Management
Introduction To Project ManagementIntroduction To Project Management
Introduction To Project Management
 
Mega project not mega problems session 1
Mega project not mega problems session 1Mega project not mega problems session 1
Mega project not mega problems session 1
 
Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...
Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...
Dinesh Sharma and Jayeeta Dutta: Simplified Agile EVM - The Art Of Managing T...
 
1. introduction
1. introduction1. introduction
1. introduction
 
Oscar Padilla, PMP
Oscar Padilla, PMPOscar Padilla, PMP
Oscar Padilla, PMP
 
Project Management Overview
Project Management OverviewProject Management Overview
Project Management Overview
 
TVPM - Good Lec.pptx
TVPM - Good Lec.pptxTVPM - Good Lec.pptx
TVPM - Good Lec.pptx
 
The Effective Management of Time
The Effective Management of TimeThe Effective Management of Time
The Effective Management of Time
 
Project Management
Project ManagementProject Management
Project Management
 
Project scheduling
Project schedulingProject scheduling
Project scheduling
 
Is5540 course review
Is5540 course reviewIs5540 course review
Is5540 course review
 
6396901
63969016396901
6396901
 
Backup jim cassidy
Backup jim cassidyBackup jim cassidy
Backup jim cassidy
 
L01 introduction to pm
L01 introduction to pmL01 introduction to pm
L01 introduction to pm
 
Cassidy.jim
Cassidy.jimCassidy.jim
Cassidy.jim
 
Introduction to ict project management
Introduction to ict project managementIntroduction to ict project management
Introduction to ict project management
 
PMP selected topics and ideas
PMP selected topics and ideasPMP selected topics and ideas
PMP selected topics and ideas
 

Plus de Rahul Sudame

Conducting 'meaningful' retrospection meetings
Conducting 'meaningful' retrospection meetingsConducting 'meaningful' retrospection meetings
Conducting 'meaningful' retrospection meetingsRahul Sudame
 
How to measure the outcome of agile transformation
How to measure the outcome of agile transformationHow to measure the outcome of agile transformation
How to measure the outcome of agile transformationRahul Sudame
 
Change request for right mindset
Change request for right mindsetChange request for right mindset
Change request for right mindsetRahul Sudame
 
Transforming Lives using Agile
Transforming Lives using AgileTransforming Lives using Agile
Transforming Lives using AgileRahul Sudame
 
Technical Paper Competition - PMI's Project Management Regional Conference, P...
Technical Paper Competition - PMI's Project Management Regional Conference, P...Technical Paper Competition - PMI's Project Management Regional Conference, P...
Technical Paper Competition - PMI's Project Management Regional Conference, P...Rahul Sudame
 
Continuous Integration
Continuous IntegrationContinuous Integration
Continuous IntegrationRahul Sudame
 
Value of PMP Certification and PMI Membership
Value of PMP Certification and PMI MembershipValue of PMP Certification and PMI Membership
Value of PMP Certification and PMI MembershipRahul Sudame
 
PMI Agile Certified Practitioner Certification Overview
PMI Agile Certified Practitioner Certification OverviewPMI Agile Certified Practitioner Certification Overview
PMI Agile Certified Practitioner Certification OverviewRahul Sudame
 
Introduction to JMeter
Introduction to JMeterIntroduction to JMeter
Introduction to JMeterRahul Sudame
 
Cloud computing and Software as a Service Overview
Cloud computing and Software as a Service OverviewCloud computing and Software as a Service Overview
Cloud computing and Software as a Service OverviewRahul Sudame
 
Services Provided by PMI & Pune Chapter
Services Provided by PMI & Pune ChapterServices Provided by PMI & Pune Chapter
Services Provided by PMI & Pune ChapterRahul Sudame
 
Career Inputs for Students
Career Inputs for StudentsCareer Inputs for Students
Career Inputs for StudentsRahul Sudame
 
Software Engineering Fundamentals
Software Engineering FundamentalsSoftware Engineering Fundamentals
Software Engineering FundamentalsRahul Sudame
 
Knowledge Management Overview
Knowledge Management OverviewKnowledge Management Overview
Knowledge Management OverviewRahul Sudame
 

Plus de Rahul Sudame (15)

Conducting 'meaningful' retrospection meetings
Conducting 'meaningful' retrospection meetingsConducting 'meaningful' retrospection meetings
Conducting 'meaningful' retrospection meetings
 
How to measure the outcome of agile transformation
How to measure the outcome of agile transformationHow to measure the outcome of agile transformation
How to measure the outcome of agile transformation
 
Change request for right mindset
Change request for right mindsetChange request for right mindset
Change request for right mindset
 
Transforming Lives using Agile
Transforming Lives using AgileTransforming Lives using Agile
Transforming Lives using Agile
 
Technical Paper Competition - PMI's Project Management Regional Conference, P...
Technical Paper Competition - PMI's Project Management Regional Conference, P...Technical Paper Competition - PMI's Project Management Regional Conference, P...
Technical Paper Competition - PMI's Project Management Regional Conference, P...
 
Continuous Integration
Continuous IntegrationContinuous Integration
Continuous Integration
 
Value of PMP Certification and PMI Membership
Value of PMP Certification and PMI MembershipValue of PMP Certification and PMI Membership
Value of PMP Certification and PMI Membership
 
PMI Agile Certified Practitioner Certification Overview
PMI Agile Certified Practitioner Certification OverviewPMI Agile Certified Practitioner Certification Overview
PMI Agile Certified Practitioner Certification Overview
 
Introduction to JMeter
Introduction to JMeterIntroduction to JMeter
Introduction to JMeter
 
Cloud computing and Software as a Service Overview
Cloud computing and Software as a Service OverviewCloud computing and Software as a Service Overview
Cloud computing and Software as a Service Overview
 
Trends in IT
Trends in ITTrends in IT
Trends in IT
 
Services Provided by PMI & Pune Chapter
Services Provided by PMI & Pune ChapterServices Provided by PMI & Pune Chapter
Services Provided by PMI & Pune Chapter
 
Career Inputs for Students
Career Inputs for StudentsCareer Inputs for Students
Career Inputs for Students
 
Software Engineering Fundamentals
Software Engineering FundamentalsSoftware Engineering Fundamentals
Software Engineering Fundamentals
 
Knowledge Management Overview
Knowledge Management OverviewKnowledge Management Overview
Knowledge Management Overview
 

Dernier

Vertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptx
Vertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptxVertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptx
Vertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptxLMW Machine Tool Division
 
How to Write a Good Scientific Paper.pdf
How to Write a Good Scientific Paper.pdfHow to Write a Good Scientific Paper.pdf
How to Write a Good Scientific Paper.pdfRedhwan Qasem Shaddad
 
Gender Bias in Engineer, Honors 203 Project
Gender Bias in Engineer, Honors 203 ProjectGender Bias in Engineer, Honors 203 Project
Gender Bias in Engineer, Honors 203 Projectreemakb03
 
ChatGPT-and-Generative-AI-Landscape Working of generative ai search
ChatGPT-and-Generative-AI-Landscape Working of generative ai searchChatGPT-and-Generative-AI-Landscape Working of generative ai search
ChatGPT-and-Generative-AI-Landscape Working of generative ai searchrohitcse52
 
Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...
Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...
Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...Amil baba
 
solar wireless electric vechicle charging system
solar wireless electric vechicle charging systemsolar wireless electric vechicle charging system
solar wireless electric vechicle charging systemgokuldongala
 
Mohs Scale of Hardness, Hardness Scale.pptx
Mohs Scale of Hardness, Hardness Scale.pptxMohs Scale of Hardness, Hardness Scale.pptx
Mohs Scale of Hardness, Hardness Scale.pptxKISHAN KUMAR
 
Power System electrical and electronics .pptx
Power System electrical and electronics .pptxPower System electrical and electronics .pptx
Power System electrical and electronics .pptxMUKULKUMAR210
 
A Seminar on Electric Vehicle Software Simulation
A Seminar on Electric Vehicle Software SimulationA Seminar on Electric Vehicle Software Simulation
A Seminar on Electric Vehicle Software SimulationMohsinKhanA
 
EPE3163_Hydro power stations_Unit2_Lect2.pptx
EPE3163_Hydro power stations_Unit2_Lect2.pptxEPE3163_Hydro power stations_Unit2_Lect2.pptx
EPE3163_Hydro power stations_Unit2_Lect2.pptxJoseeMusabyimana
 
Test of Significance of Large Samples for Mean = µ.pptx
Test of Significance of Large Samples for Mean = µ.pptxTest of Significance of Large Samples for Mean = µ.pptx
Test of Significance of Large Samples for Mean = µ.pptxHome
 
Nodal seismic construction requirements.pptx
Nodal seismic construction requirements.pptxNodal seismic construction requirements.pptx
Nodal seismic construction requirements.pptxwendy cai
 
The relationship between iot and communication technology
The relationship between iot and communication technologyThe relationship between iot and communication technology
The relationship between iot and communication technologyabdulkadirmukarram03
 
Engineering Mechanics Chapter 5 Equilibrium of a Rigid Body
Engineering Mechanics  Chapter 5  Equilibrium of a Rigid BodyEngineering Mechanics  Chapter 5  Equilibrium of a Rigid Body
Engineering Mechanics Chapter 5 Equilibrium of a Rigid BodyAhmadHajasad2
 
Technology Features of Apollo HDD Machine, Its Technical Specification with C...
Technology Features of Apollo HDD Machine, Its Technical Specification with C...Technology Features of Apollo HDD Machine, Its Technical Specification with C...
Technology Features of Apollo HDD Machine, Its Technical Specification with C...Apollo Techno Industries Pvt Ltd
 
IT3401-WEB ESSENTIALS PRESENTATIONS.pptx
IT3401-WEB ESSENTIALS PRESENTATIONS.pptxIT3401-WEB ESSENTIALS PRESENTATIONS.pptx
IT3401-WEB ESSENTIALS PRESENTATIONS.pptxSAJITHABANUS
 
Transforming Process Safety Management: Challenges, Benefits, and Transition ...
Transforming Process Safety Management: Challenges, Benefits, and Transition ...Transforming Process Safety Management: Challenges, Benefits, and Transition ...
Transforming Process Safety Management: Challenges, Benefits, and Transition ...soginsider
 

Dernier (20)

Vertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptx
Vertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptxVertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptx
Vertical- Machining - Center - VMC -LMW-Machine-Tool-Division.pptx
 
How to Write a Good Scientific Paper.pdf
How to Write a Good Scientific Paper.pdfHow to Write a Good Scientific Paper.pdf
How to Write a Good Scientific Paper.pdf
 
Gender Bias in Engineer, Honors 203 Project
Gender Bias in Engineer, Honors 203 ProjectGender Bias in Engineer, Honors 203 Project
Gender Bias in Engineer, Honors 203 Project
 
ChatGPT-and-Generative-AI-Landscape Working of generative ai search
ChatGPT-and-Generative-AI-Landscape Working of generative ai searchChatGPT-and-Generative-AI-Landscape Working of generative ai search
ChatGPT-and-Generative-AI-Landscape Working of generative ai search
 
Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...
Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...
Best-NO1 Best Rohani Amil In Lahore Kala Ilam In Lahore Kala Jadu Amil In Lah...
 
solar wireless electric vechicle charging system
solar wireless electric vechicle charging systemsolar wireless electric vechicle charging system
solar wireless electric vechicle charging system
 
Présentation IIRB 2024 Chloe Dufrane.pdf
Présentation IIRB 2024 Chloe Dufrane.pdfPrésentation IIRB 2024 Chloe Dufrane.pdf
Présentation IIRB 2024 Chloe Dufrane.pdf
 
Lecture 2 .pdf
Lecture 2                           .pdfLecture 2                           .pdf
Lecture 2 .pdf
 
Mohs Scale of Hardness, Hardness Scale.pptx
Mohs Scale of Hardness, Hardness Scale.pptxMohs Scale of Hardness, Hardness Scale.pptx
Mohs Scale of Hardness, Hardness Scale.pptx
 
Power System electrical and electronics .pptx
Power System electrical and electronics .pptxPower System electrical and electronics .pptx
Power System electrical and electronics .pptx
 
A Seminar on Electric Vehicle Software Simulation
A Seminar on Electric Vehicle Software SimulationA Seminar on Electric Vehicle Software Simulation
A Seminar on Electric Vehicle Software Simulation
 
EPE3163_Hydro power stations_Unit2_Lect2.pptx
EPE3163_Hydro power stations_Unit2_Lect2.pptxEPE3163_Hydro power stations_Unit2_Lect2.pptx
EPE3163_Hydro power stations_Unit2_Lect2.pptx
 
Test of Significance of Large Samples for Mean = µ.pptx
Test of Significance of Large Samples for Mean = µ.pptxTest of Significance of Large Samples for Mean = µ.pptx
Test of Significance of Large Samples for Mean = µ.pptx
 
Nodal seismic construction requirements.pptx
Nodal seismic construction requirements.pptxNodal seismic construction requirements.pptx
Nodal seismic construction requirements.pptx
 
The relationship between iot and communication technology
The relationship between iot and communication technologyThe relationship between iot and communication technology
The relationship between iot and communication technology
 
Engineering Mechanics Chapter 5 Equilibrium of a Rigid Body
Engineering Mechanics  Chapter 5  Equilibrium of a Rigid BodyEngineering Mechanics  Chapter 5  Equilibrium of a Rigid Body
Engineering Mechanics Chapter 5 Equilibrium of a Rigid Body
 
Technology Features of Apollo HDD Machine, Its Technical Specification with C...
Technology Features of Apollo HDD Machine, Its Technical Specification with C...Technology Features of Apollo HDD Machine, Its Technical Specification with C...
Technology Features of Apollo HDD Machine, Its Technical Specification with C...
 
IT3401-WEB ESSENTIALS PRESENTATIONS.pptx
IT3401-WEB ESSENTIALS PRESENTATIONS.pptxIT3401-WEB ESSENTIALS PRESENTATIONS.pptx
IT3401-WEB ESSENTIALS PRESENTATIONS.pptx
 
Transforming Process Safety Management: Challenges, Benefits, and Transition ...
Transforming Process Safety Management: Challenges, Benefits, and Transition ...Transforming Process Safety Management: Challenges, Benefits, and Transition ...
Transforming Process Safety Management: Challenges, Benefits, and Transition ...
 
Présentation IIRB 2024 Marine Cordonnier.pdf
Présentation IIRB 2024 Marine Cordonnier.pdfPrésentation IIRB 2024 Marine Cordonnier.pdf
Présentation IIRB 2024 Marine Cordonnier.pdf
 

Project Management Framework

  • 2. Demand for effective project management Global demand for project management talent is rising faster than supply Keeping the pipeline filled will be challenging
  • 3. Understanding of the project environment What is PM Body of Knowledge ? Application area Knowledge, standards & regulations General Mgmt Knowledge & Practice Project Manager Body of Knowledge Interpersonal Skills
  • 6. Project Life Cycle Phases Initiate Plan Executive Control Close Milestones at every critical stage or logical completion stage of the Project
  • 7. Overlap of Process Groups Execution Control Time Effort Planning Initiation Closing Product Start Product Finish
  • 8. Project Processes Closure Processes Initiation Processes Controlling Processes Executing Processes Planning Processes
  • 9. Project Process Groups Initiating Closing Initiating Project Phase (Design) Project Phase (Feasibility) Plan Do Planning Executing Monitoring & Control Monitoring & Control Act Check
  • 10. PMBOK Knowledge areas Framework Cost Management Quality Management Communication Management Time Management Scope Management Human Resource Management Procurement Management Risk Management Integration Management
  • 13. Planning Process: Risk Analysis Draw a Risk Table to Summarize Wonderful Management Tool/Report Prob. Impact High Medium Low Low Medium High 2. Time estimate and funds inadequate for the scope of this project; may be late and over budget. 3. Lack of skilled staff, organization slow to hire adequate staff; may delay implementation. 1. Lack of commitment. Headquarters may have to assume more responsibility; will result in project delay, cost overruns. 6. Cannot get office space for staff; may cause communication problems, delaying the execution phase. 5. Expecting major scope changes from clients; may cause delay and cost escalation. 4. Not enough time spent planning, lack of understanding of problem; may take longer/ cost more than anticipated.
  • 14. Projects Artifacts: WBS - Typical Tasks Detailed WBS Example for procuring an Equipment System
  • 15. Projects Artifacts: Costed WBS Use Software to roll costs up the WBS ID Task Name Account Fixed Cost Total Cost Payment 36 Final Submission $0.00 $33,000.00 $0.00 37 Final Design Work C14 $5,000.00 $25,000.00 $0.00 38 Final Plan C14 $0.00 $8,000.00 $0.00 39 TB Submission $0.00 $0.00 $0.00 40 EPA $0.00 $0.00 $40,000.00 41 Software (Subcontract 50-B) $0.00 $133,000.00 $0.00 42 SW Design $12,000.00 $62,000.00 $0.00 43 Do Prelim SW design S21 $0.00 $20,000.00 $0.00 44 PDR $0.00 $0.00 $0.00 45 Do Final SW design S22 $0.00 $30,000.00 $0.00 46 CDR $0.00 $0.00 $70,000.00 47 SW Construction $12,000.00 $71,000.00 $0.00 48 Code CSC A S31 $0.00 $6,000.00 $0.00 49 Code CSC B S31 $0.00 $8,000.00 $0.00 50 Integrate&Tst CSCI 1 S32 $0.00 $20,000.00 $0.00
  • 17. Monitoring & Controlling Process Group
  • 19. Tools: Gantt Chart Gantt with Resource Histogram
  • 20. Tools: PERT Chart Ordering the Activities: PERT Chart Arrow Diagramming Method (ADM) 1 2 3 4 5 6 A C E B D F G 7d 3d 4d 6d 3d 10d 5d
  • 21. Tools: Critical Path Method (CPM) • The critical path are the tasks that have the longest path. • Tasks are performed in parallel or one task is completed before the next one can begin. • This graph shows why if one task is not completed on time can impact or cause delays to the schedule. Could cause a major problem to the outcome of the project.
  • 22. Tools: Critical Path Method (CPM) This diagram shows six tasks in the project schedule. Tasks A, C, and F are on the critical path, which means if one of these tasks takes longer than expected, the project will not meet the deadline. Start Finish A B C D E F wk1 wk2 wk3 wk4 wk5 wk6 wk7 A B C D E F
  • 23. Tools: Critical Path Method (CPM) This diagram shows how Task A took longer than expected, which affected when Tasks C & F could start and added 1.5 weeks to the original schedule. Start Finish A B C D E F wk1 wk2 wk3 wk4 wk5 wk6 wk7 A B C D E F
  • 24. Organizational Project Management Maturity Model • Organizational Project Management Maturity Model (OPM3®) helps organizations understand their project management processes, ensures that their projects are tied to the organization's larger strategy, and measures and guides their capabilities for improvement.
  • 26. Best Practices: What the Winners Do* • Recent research findings show that companies that excel in project delivery capability: – Build an integrated project management toolbox (use standard/advanced PM tools, lots of templates) – Grow competent project leaders, emphasizing business and soft skills – Develop streamlined, consistent project delivery processes – Install a sound but comprehensive set of project performance metrics *Milosevic, Dragan, Portland State University, “Delivering Projects: What the Winners Do,” PMI Conference Proceedings, November 2001
  • 27. Findings From 5-Year Study on Quantifying the Value of PM* 1. Companies with more mature project management practices have better project performance (on time and budget vs. 40% over time and 20% over cost targets) 2. Project management maturity is strongly correlated with more predictable project schedule and cost performance (i.e. .08 schedule performance index variation vs. .16) 3. Good project management companies have lower direct costs than poor project management companies (6-7% vs. 11-20%) *Ibbs, William and Justin Reginato, Quantifying the Value of Project Management (2002)
  • 28. PM ROI Example* • Company initially has PMM of 2.3, CPI of .71, profit margin of 5% , $10 M projected annual revenues • Company improves PMM to 3.1, CPI to .94, profit margin to 6.6% at a cost of $400,000 • PM ROI = (6.6%-5.0%)X$10,000,000 = 40% $400,000 *Ibbs, William, “Managing Chaotic Projects: Improving your PM/ROI” http://www.ce.berkeley.edu/pmroi/PMROI%20PMI%20Presentation%20Feb2001.pdf
  • 29. Trends in Agile Project Management Scrum 1996 DSDM 1994 XP 1996 & others Lean (Kanban) Software 2002 Agile Alliance formed 2000 Scrum/XP transition strengthe ns IT industry becomes Agile, then business Scrum gains worldwide prominenc e
  • 30. Communities of Practice (COP) Agile Ethics in Project Management Global Diversity Leadership in PM Organizational Project Management Project Risk Management Service and Outsourcing Troubled Projects Earned Value Management E-Business Financial Services Industry Global Sustainability Human Resource Project Management Information Systems International Development New Practitioners PMI Legal Project Management Program Management Office Project Management Quality PM Marketing and Sales Scheduling Innovation and New Product Development Learning Education and Development (LEAD)
  • 31. PMI Certifications • CAPM • PMP • PgMP • PMI-ACP • RMP • SMP
  • 32. Certified Associate in Project Management (CAPM) • For a person holding a minimum of a high school diploma, associate's degree or the global equivalent AND • Work Experience : Minimum of 1500 hours of team project management experience OR • Formal Education : Minimum 23 contact hours of project management education. • Fees: • PMI member $225 • Nonmember $300 • Validity: 5 years • 135 questions, 3 hours
  • 34. Contact Information • Web site: www.pmipunechapter.org • Yahoo Group membership: 8500+ Join us at http://finance.groups.yahoo.com/group/pmi-pune-chapter • PMP / CAPM Discussion Forum http://finance.groups.yahoo.com/group/PMI_Pune_Exam_Forum/ • Seminar abstract to : programs@pmipunechapter.org • Newsletter Articles / Advt. to: publications@pmipunechapter.org • For PMP Workshop send mail to development@pmipunechapter.org ( +91 9922909060
  • 35. Thank You www.pmi.org www.pmi.org.in