project management basics. 2 please introduce yourself… name business unit / function / process ...
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Project Management
Basics
2
Please introduce yourself… Name Business Unit / Function /
Process Current Project / Process Team Size Ice Breaker Expectations out of the
Program
3
This Program will equip you to… Understand basic concepts
of Project Management Understand challenges and
best practices in stakeholder management
Understand challenges and best practices in scope management
Understand challenges in Scheduling
There are 2 more programs designed to cover advanced project management concepts
Module 1
Defining Project Management
5
What are the expectations on the Project Manager?
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ExpectationsClient
Defect free service High productivity Proactive approach
to issues and problems
Value Add Cost Reduction
Team
Reasonable work load
Appropriate hand holding
Recognition for work well done
Involvement Concern Facilitate Career
Progression
AXA
Proactive communication
Follow organizational processes
Work with data Improve processes Contribute to org
knowledge base
7
Sample PM Job Description Execute projects on time, within
budget, adhering to quality standards Managing all deliverables of the project Responsibility for team and team
direction Design of solution and setting quality
standards Exercise judgment within broadly
defined practices and policies Regularly interact with Client and
Senior Managers Defines and allocates tasks Works with minimum supervision
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Project Management Vocabulary
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What is a Project? A project is a temporary
endeavor to create a unique product or service
Temporary means that every project has a definite beginning and a definite end
Unique means that the product or service is different in some distinguishing way from all other products or services
Operations and projects differ primarily in that operations are ongoing and repetitive while projects are temporary and unique
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What is Project Management? Project management is
the application of knowledge, skills, tools and techniques to project activities to achieve project requirements
Project Management typically involves:Competing demands for:
scope, time, cost, risk and quality
Stakeholders with differing needs and expectations
Requirements may be identified or implicit
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Why Projects Are Challenging… Not experienced earlier
– Each project has it’s own unique context
Multiple Stakeholders– Some known and some unknown
Temporary team
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Project Life CycleAuthorizing the project or phase
Defining and refining objectives and selecting the best of the alternative courses of action to attain the objectives that the project was undertaken to address
Coordinating people and other resources to carry out the plan
Ensuring the project objectives are met by monitoring and measuring progress regularly to identify variance from plan so that corrective action can be taken when necessary
Formalizing acceptance of the project or phase and bringing it to an orderly end
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