2. 1. Buying a stronger whip. 2. Changing riders. 3. Appointing a committee to study the horse. 4. Arranging to visit to see how they ride horses. 5. Imparting training to increase riding ability. 6. Have the lawyers bring suit against the horse producer Winning a Derby
3. 7. Promote the horse to a management position. 8. Do a Study to see if contractors can ride it cheaper. 9. Purchase a product to make horses run faster. 10. Revisit the performance requirements for horses. 11. Say this horse was procured with cost as an independent variable. 12. Providing additional funding to increase the horse's performance. Winning a Derby
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6. Regulation New Technology, New material Competition Customer Demands Employee Expectations Management Practices Information Technology Organization Culture Investor Demands Project Management Commercial Focus Financial Viability & stability DRIVERS OF CHANGE People on the Periphery
7. PROJECT MANAGEMENT CONCEPT AS PER BRITISH STANDARD BS 6079: 1996, PROJECT IS DEFINED AS (CLAUSE NO. 1.3.6)-- A unique set of coordinated activities, with definite starting and finishing points undertaken by an individual or organization to meet specific objectives within defined schedule, cost and performance parameters. Project is a one time multi function activity.
8. MAN MATERIAL MONEY SUCCESSFUL PROJECT IN TIME DECISION MAKING The 3Ms would be dead inventories If not deployed at the right time, the right way. PROJECT MANAGEMENT CONCEPT
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10. Project Life Cycle Phases PROJECT MANAGEMENT CONCEPT The project management process Conception Feasibility Implementation Operation Termination Authorization Hand over Shutdown Milestones Life cycle Plan Control
11. Project Life Cycle Phases PROJECT MANAGEMENT CONCEPT Operation after handover/ Clean-up phase 4 % Implementation Phase 85 % 7 % 4 % Conception Phase Feasibility Phase Level of Effort
12. Manpower Deployment PROJECT MANAGEMENT CONCEPT Numbers Project Manpower Transition of Project to Operation Phase Operation Manpower, Industry dependent