History of Project Management Part Two
Post on 08-Nov-2014
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History of Project Management: History of Project Management: Post 1950sPost 1950s
Farrokh Alemi, Ph.D.Farrokh Alemi, Ph.D.Lee BalitonLee BalitonChris SmithChris Smith
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Course on Project Management
Previous SectionPrevious Section
Pre-1950sPre-1950s
33
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics
Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique
Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process
Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments
44
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics
Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique
Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process
Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments
55
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics
Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique
Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process
Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments
66
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics
Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique
Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process
Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments
77
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics
Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique
Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process
Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments
88
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics
Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique
Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process
Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments
99
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Project Portfolio ManagementProject Portfolio Management Harry MarkowitzHarry Markowitz Focus on highest returnFocus on highest return
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Project Portfolio ManagementProject Portfolio Management Harry MarkowitzHarry Markowitz Focus on highest returnFocus on highest return
1111
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Project Portfolio ManagementProject Portfolio Management Harry MarkowitzHarry Markowitz Focus on highest returnFocus on highest return
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
F. Warren McFarlan F. Warren McFarlan Information technology project Information technology project
selectionselection Risk-basedRisk-based
F. Warren McFarlanF. Warren McFarlan
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
F. Warren McFarlan F. Warren McFarlan Information technology project Information technology project
selectionselection Risk-basedRisk-based
F. Warren McFarlanF. Warren McFarlan
Completing the project right.vs.
Doing the right project
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Refined costing estimating Refined costing estimating techniques.techniques. ““Guthrie Factors” - module Guthrie Factors” - module
estimating technique estimating technique American Association of Cost American Association of Cost
Engineers Engineers Total Cost Management Total Cost Management
From AACE International’s “Total Cost Management Framework” published 2006.
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module
estimating technique estimating technique American Association of Cost American Association of Cost
Engineers Engineers Total Cost Management Total Cost Management
From AACE International’s “Total Cost Management Framework” published 2006.
1616
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module
estimating technique estimating technique American Association of Cost American Association of Cost
Engineers Engineers Total Cost Management Total Cost Management
From AACE International’s “Total Cost Management Framework” published 2006.
1717
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module
estimating technique estimating technique American Association of Cost American Association of Cost
Engineers Engineers Total Cost Management Total Cost Management
From AACE International’s “Total Cost Management Framework” published 2006.
1818
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module
estimating technique estimating technique American Association of Cost American Association of Cost
Engineers Engineers Total Cost Management Total Cost Management
From AACE International’s “Total Cost Management Framework” published 2006.
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
From the Project Management Institute – www.pmi.org
2020
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
E. A. “Ned” EngmanJ. Gordon Davis, PhDJ. Gordon Davis, PhD
From the Project Management Institute – www.pmi.org
Susan Gallagher
James R. SnyderEric Jenett
Five Founders of PMIFive Founders of PMI
2121
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
E. A. “Ned” EngmanJ. Gordon Davis, PhDJ. Gordon Davis, PhD
From the Project Management Institute – www.pmi.org
Susan Gallagher
James R. SnyderEric Jenett
Five Founders of PMIFive Founders of PMI
2222
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application
From the Project Management Institute – From the Project Management Institute – www.pmi.org
2323
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application
From the Project Management Institute – From the Project Management Institute – www.pmi.org
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application
From the Project Management Institute – From the Project Management Institute – www.pmi.org
2525
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond
PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application
From the Project Management Institute – From the Project Management Institute – www.pmi.org
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments
IT industryIT industry GlobalizationGlobalization
Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments
IT industryIT industry GlobalizationGlobalization
Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints
2828
Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments
IT industryIT industry GlobalizationGlobalization
Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints
Helped transform the field
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Course on Project Management
Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments
IT industryIT industry GlobalizationGlobalization
Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints
Helped transform the field
How is your project management coming along?
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Course on Project Management
TodayToday
Standardized techniques and Standardized techniques and processesprocesses
Management techniqueManagement technique
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Course on Project Management
TodayToday
Standardized techniques and Standardized techniques and processesprocesses
Management techniqueManagement technique
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Course on Project Management
Evolution of Project Evolution of Project ManagementManagement
Individual efforts
Widespread acceptance
3333
Course on Project Management
Evolution of Project Evolution of Project ManagementManagement
Individual efforts
Widespread acceptance
New methods of charting
data
3434
Course on Project Management
Evolution of Project Evolution of Project ManagementManagement
Individual efforts
Widespread acceptance
New methods of charting
dataOptimization techniques
3535
Course on Project Management
Evolution of Project Evolution of Project ManagementManagement
Individual efforts
Widespread acceptance
New methods of charting
dataOptimization techniques
New method of
management
3636
Course on Project Management
Evolution of Project Evolution of Project ManagementManagement
Individual efforts
Widespread acceptance
New methods of charting
dataOptimization techniques
New method of
management
3737
Take Home LessonTake Home Lesson
Project Management is not what it Project Management is not what it used to beused to be
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