raju patil finance project management ppd
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Project Management: The Basics for Success
NAME :- RAJU RAMA PATIL
MBA II(Finance)
SCHOOL OF MANEAGEMENT STUDIES
NMU JALGAON (MS)
Project Management: The Basics for Success
Three Definitions
• What is a project?
• What is a Project Manager?
• What is Project Management?
What Is a Project?
• A project is
…a temporary, one-time, coordinated undertaking
A project…has a definable goal
has interrelated and dependent
activities and tasks
is finite in duration
provides a unique product, service or information
operates under scope, quality, cost and time
constraints
Projects and Ongoing Work
Project
Service
Information
ProductOngoing
Work Proesses
Project
Service
Information
Product
S,Q,C,T Targets
S,Q,C,T Targets
Scope
Quality
Cost
Time
Constraints
Scope, Quality
S,Q,C,T Targets
Scope
Quality
Cost
Time
Risk
Resources
The Relationships
Scope
Resources
Quality
Risk
Three Elements of Scope
SCOPE
Product
Scope
Project Scope
Total Scope
All the THINGS that will be created or delivered
All the WORK that will be done during the project
All the THINGS and all the WORK
Project
A temporary endeavor undertaken to create a
unique product, service, or result.
What is a Project Manager?
The Project Manager
Technical Skills
Project
Management
Process Skills
Leadership Skills
The Various Roles of the PM
Task &HumanIntegrator vs. Technical ExpertBig Picture &DetailPoliticsProjects vsFunctions
Project ManagerThe person assigned by the performing organization to achieve the project objectives.
What is Project Management?
Planning
Scheduling
Managing
Coordinating
Leading
Communicating
Controlling
Project Management
The application of knowledge, skills, tools,
and techniques to project activities to meet
project requirements. Project Management is
accomplished through the use of processes
such as: initiating, planning, executing,
controlling and closing.
Process GroupsThe Project Management Institute® defines five process groups for completing a project:
Initiate
Plan
Execute
Monitor and Control
Close
Knowledge Areas1) Project Integration Management
2) Project Scope Management
3) Project Time Management
4) Project Cost Management
5) Project Quality Management
6) Project Human Resource Management
7) Project Communications Management
8) Project Risk Management
9) Project Procurement Management
10) Project Stakeholder Management
Initiating
Initiating Planning Executing Controlling Closing
StakeholderIndividuals and organizations that are
actively involved in the project or whose
interests may be positively or negatively
affected as a result of the project execution
or project completion. They may also exert
influence over the project and its results.
Customer
One of the overall list of stakeholders.
Special subset of stakeholder.
Individual or group that receives the
deliverables of the project.
Project CharterAgreement between all involved parties
One location for all overview information
Definition of the project
Guide for the project activities
Example ProjectProject: Remodel and expand the current sports stadium
on a university campus.
The project will include:
installing new turf
putting in all new lighting
adding 28% more seats
constructing a new parking lot
installing a new score board
Who might be included in the Stakeholder List?
List at least 3 people or groups you
think might be interested in, involved
with, or affected by this project.
Who did you list?Students
Faculty
University President
Athletic Department
Home owners near the stadium
City departments (streets, utilities, etc)
And many others
Elements of the Charter and Scope Statements
Elements of the Charter and Scope Statements
Scope Statement
The description of the project scope, major deliverables, assumptions, and constraints
What are the major deliverables for this project?
List at least 3 major deliverables for this project.
What deliverables did you list?
New turf
New lighting
New scoreboard
Additional seating
New parking lot
Stakeholder Analysis
A technique of systematically gathering and
analyzing quantitative and qualitative
information to determine whose interests
should be taken into account throughout the
project
Example ProjectProject: Remodel and expand the current sports stadium on a university campus.
The project will include:
installing new turf
putting in all new lighting
adding 28% more seats
constructing a new parking lot
installing a new score board
Let’s add another StakeholderThe University PresidentOn a sheet of paper, write down: What do you think the University President’s interest is in this project? The President’s level of power and interest (Hi or Lo for each)?How you can effectively work to gain support and reduce obstacles the President might create?
