PROJECT MANAGEMENT PPT

1. PROJECT MANAGEMENT

2. INTRODUCTION
The word ‘project’ came from the Latin
word projectum from the Latin verb
proicese (to throw something forwards)
which in turn comes from ‘pro’ which
denote something that proceeds the
action of the next part of the word.

3. PROJECT
A project is a combination of interrelated
activities with well defined objectives to
be completed in a specific time period.
Project is something special which is
different from routine and regular
activities

4. DEFINITIONS
 According to Harrison, “ Project is a non
routine, non repetitive, one-off
undertaking, with well defined time,
financial and technical performance
goal;”
 According to Project Management
Institute (PMI), “Project can be defined
as a temporary endeavor undertaken to
accomplish a unique objective at goal.”

5. EXAMPLES OF PROJECT
Construction of a house.
Writing a book.
Building a dam.
Introducing a new product in the market.
Construction of a new bridge over a
river.
A Politician contesting an election.
Organizing a seminar.

6. DIFFERENCE BETWEEN
PROJECT AND REGULAR
OPERATIONSProject Regular Operation
> Repetitive
> Limited Skills
> Equipments are
in continuous use
> Revenues are there
> One Time
> Use of wide variety
of skills
> Use of special purpose
equipment for
short duration
> No revenue during
Project stage

7. CHARACTERISTICS OF PROJECT
Well defined objectives
Uniqueness (Non-routine
activity) Complexity (Demands
team work) Life cycle
Risk and uncertainty
Change (In response to
environment) Non Recurring
Duration of activities
uncertain Completion
deadline

8. CHARACTERISTICS
OF
PROJECT(contd.)Involves resources
Optimality
Multidisciplinary & Interdependencies
Forecasting
Definite time limit
Team work
Conflict for resources
A separate disposable team
Performance measurement

9. TAXONOMY OF PROJECTS
 Based on the type of activity
 Based on the location of the project Based on the
completion time Based on ownership
 Based on size Based on
need

10. TYPES OF PROJECTS
Construction projects
Research projects
Reengineering projects
Procurement projects
Business implementation projects
Miscellaneous types

11. PROJECT FAMILY TREE
Plan
Programme
Project
Work Package
Task
Activity

12. ProjectManagement
ProjectManagement
MANAGEMENT
Knowledge, skills, tools and techniques
PROJECTACTIVITIES
Conception, design, Implementation, Commissioning
SUCCESSFUL PROJECT
Within planned time, resource, scope and quality

13. CATEGORIES OF PROJECT
Project
InternationalNational
IndustrialNon-Industrial
Low
Technology
Conventional
Technology
High
Technology
Non Conventional
/R&D
MiniMediumMajorMega
ModificationExpansionGrass root
DisasterCrashNormal

14. INTRODUCTION TO PROJECT
MANAGEMENTMeaning : Project management is a system
of procedures, practices, technologies and
know how that enables the planning,
organising, staffing, directing and controlling
of project activities to successfully manage a
project.
It may be described as planning ,organizing,
staffing ,directing and controlling some part
of the organization for relatively short period
of time to achieve the project objectives with
in laid down constraints

15. DEFINITION
It is defined as “The application of
knowledge, skills, tools and techniques to
project activities in order to meet project
requirement.”
“ Project Management is the art of directing
and coordinating human and material
resources throughout life of a project by
using modern management techniques to
achieve pre-determined objectives of scope ,
cost , time, quality to the equal satisfaction of
those involved.”
-Project mgt inst of USA

16. WHY PROJECT MANAGEMENT
Interdependency and complexity
Sharing of Resources
Size of Project
Importance of the Project
Changes in the market

17. 3 Ws OF PROJECT
MANAGEMENTWhat : Scientific application of modern
techniques and tools.
Whom : In planning, financing,
implementing, monitoring, controlling
and coordinating unique activities of
project
Why : To produce desirable outputs in
accordance with predetermined
objectives within constrains of time and
cost.

18. THE SCOPE TRIANGLE
Resources
Project scope and
quality

19. PROJECT PARAMETERS
Defining project scope
Defining quality
Managing time
Managing cost
Managing resources

20. IMPORTANCE OF PROJECT
MANAGEMENTIncreasing size and complexity of
projects
Increasing importance of financial
controls
Urgency of early completion
Growing amount of statutory regulations
Increased sophistication of technology
Inability of managers and architects to
manage the things

21. Shortening of product life cycle
Global competition
Cost control
Explosion of knowledge
Focus on customers

22. BENEFITS OF PROJECT
MANAGEMENT
Clear description of work to be
performed Responsibilities and
assessment of tasks Time limit for task
completion
Measurement of accomplishment
against plans is possible
Problems are exposed in advance
allowing corrective action
Objective that cannot be met are
identified early

23. ELEMENTS OF A SUCCESSFUL
PROJECTHas been finished on time.
Is within its cost budget.
Performs to technical/performance
standards which satisfies the end user.