Project Management - Overview - Short

Project Management - Overview

Norton Paratela

Project Management - OverviewThe Project Management – The most recent history

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• In the 1960s project management began to be used in the aerospace, construction and defense industries.

• The Project Management Institute was set up by people from these industries and academia.

• It was founded in October 1969 at the Georgia Institute of Technology as a nonprofit organization.

Project Management - OverviewAbout PMI

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• The Project Management Institute is one of the largest associations for project management professionals.

• Its head quarter is placed in Newtown, PA.• Its work for the profession assists more than 700,000 members.• PMI has recruited volunteers to create industry standards, such as "A

Guide to the Project Management Body of Knowledge", which has been recognized by the American National Standards Institute (ANSI).

• There are over 370,000 certified professionals worldwide.

Project Management - OverviewWhat is a Project?

Projects have three main characteristics:• Temporary• Unique• Progressively elaborated

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It’s a temporary group activity designed to produce a unique product, service or result.

Project Management - OverviewProgressive Elaboration

• Progressive elaboration - progressively details the elements of a project. It can be compared to the Plan-Do-Check-Act cycle as defined by Deming.

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Project Management - OverviewProject Management Success

Many organizations are adopting a wider view of project success to include:

– Provide Value

– Ensure Quality

– Satisfy Requirements

– Meet Budget

– Meet Schedule

– Minimize Risk

– Satisfy Stakeholders

– Satisfy Team

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Project Management - OverviewWhy do the projects fail?

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Project Management - OverviewWhat is Project Management?

• Project Management is “the application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements.

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Project Management - OverviewProject Management is also:

Managing project constraints:

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Project Management - OverviewProject Management

The project manager should know:• Project Management in general• The Standard for Project Management (as depicted in the PMBOK

Guide)• Specific project management knowledge and methodologies required

for the industry or organization that the PM is working in

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Project Management - Overview

• The project manager must possess a wide range of knowledge in order to be successful. Some areas of knowledge that facilitate success include:

– Project Management

– General Management

– Interpersonal Skills

Required Knowledge

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Project Management - OverviewGeneral Management Knowledge:

The project manager should have knowledge of areas, such as:

•Finance

•Strategic Planning

•Organizing

•Human Resource Administration

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Project Management - OverviewInterpersonal Skills

The project manager must be able to manage people effectively using interpersonal skills such as:•Leadership•Team building•Motivation•Communication•Influencing•Decision Making•Political and cultural awareness•Negotiation

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Project Management - OverviewProjects, Programs and Portfolios

Projects, Programs and Portfolios interact to manage the overall resource use and work performance in the organization. In general:

•The Strategic vision of the organization creates the portfolio.

•Portfolios contain programs, project and other work.

•Programs are created to deliver benefits to the organization.

•Programs are multiple projects managed in a unified manner.

•Projects are authorized to deliver specific deliverables.

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Project Management - OverviewThe PMBOK® Guide Fifth Edition• February of 2014.

• An ANSI standard.

• The processes depicted in the PMBOK Guide are “generally recognized as the best practices” for project management, which create a framework for project management.

• Provides a common vocabulary and understanding about project management

– Section I: Project Management Framework– Section II: The Standard for Project Management– Section III: Project Management Knowledge Areas

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Project Management - OverviewProject Management Knowledge Areas

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Project Management - Overview

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Project Management - OverviewStakeholders• A project stakeholder is anyone participating in the project, or anyone

whose interests may be affected by the project and project outcomes.

• Stakeholders can be internal or external

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Project Management - Overview

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Project Management - Overview

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