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Chapter 03 Project Management 1 Project Management Why project management? Re: Any Marketing/Advertising PM's out there? Posted by: "kquain" kquain@wal- mart.com kquain Wed Mar 7, 2007 10:29 am (PST) I had a number of direct responses to this post which I really appreciate (I just joined yesterday, and am already pleased with my decision to join). My inquiry was driven by the fact that we are having some difficulty finding PM's experienced in marketing/advertising and or large scale retail. I'm honestly getting alot of applicants who are designers or copy writers which, as you can imagine, makes me a bit hesitant. As the Director of Process & Production at Wal-Mart, my team manages all Marketing Creative projects for Wal-Mart. We work on everything from the instore signage, to billboards, to tv advertising, to our bi- weekly printed circular. I need PM's with print and broadcast experience that aren't just robotic PM's but also really understand customer service and account management. We have PM openings and Sr. PM openings. If you are seriously interested, I encourage folks to send their resumes to me. We're making some very big changes here at Wal- Mart; people who join us now have the chance to make a big impact on the way Wal-Mart works. I truly believe this is a chance/experience of a lifetime for passionate PM's. Thanks again for all the responses! Kelley Troia Why project management? New Member Posted by: "kelly_boatright" [email protected] kelly_boatright Wed Mar 14, 2007 8:38 am (PST) Hello WiPM, I am a member of Dell Global Services, the consulting arm of our company. We are looking for talented women across all areas of Services, but especially to lead our larger accounts as a Sr. PM or Program Executive. There are also opportunities in TAM (Technical Account Manager) positions in many markets as well. We have current and potential accounts across the U.S., therefore our roles are located in major markets- NY/NJ, Seattle, Washington D.C., Southern CA. In addition to sourcing out talent for DGS, I do incorporate some PM into my role keeping one foot in the business. After a few years in NYC I've moved to Austin. Most of my time is spent with my two dogs (adopted mixed are the best), and my husband. We like taking long walks, hiking and, of course, going to the dog park. If interested in opportunities with Dell Global Services, you may send your resume to my email, or feel free to contact me in order to learn more. Kelly Boatright Talent Acquisition Dell | Global Services Cell: (512) 672-9893 Desk: (512) 723-4373 Email: [email protected] Linked In: http://www.linkedin.com/in/kellyboatright Dell Careers: www.dell.com/careers Overview What is project management Work breakdown structure Project scheduling Gantt charts CPM Project Characteristics Many related activities Difficult production planning and inventory control General purpose equipment High labor skills Examples of projects Personal Company/Non-profit

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Chapter 03 Project Management 1

Project ManagementWhy project management?

• Re: Any Marketing/Advertising PM's out there?

• Posted by: "kquain" [email protected] kquain

• Wed Mar 7, 2007 10:29 am (PST) • I had a number of direct responses to

this post which I really appreciate (I just joined yesterday, and am already pleased with my decision to join). My inquiry was driven by the fact that we are having some difficulty finding PM's experienced in marketing/advertising and or large scale retail. I'm honestly getting alot of applicants who are designers or copy writers which, as you can imagine, makes me a bit hesitant.

• As the Director of Process & Production at Wal-Mart, my team manages all Marketing Creative projects for Wal-Mart. We work on everything from the instore signage, to billboards, to tv advertising, to our bi-weekly printed circular. I need PM's with print and broadcast experience that aren't just robotic PM's but also really understand customer service and account management.

We have PM openings and Sr. PM openings. If you are seriously interested, I encourage folks to send their resumes to me. We're making some very big changes here at Wal-Mart; people who join us now have the chance to make a big impact on the way Wal-Mart works. I truly believe this is a chance/experience of a lifetime for passionate PM's.

Thanks again for all the responses!Kelley Troia

Why project management?

• New Member • Posted by: "kelly_boatright"

[email protected] kelly_boatright• Wed Mar 14, 2007 8:38 am (PST) • Hello WiPM,

I am a member of Dell Global Services, the consulting arm of our company. We are looking for talented women across all areas of Services, but especially to lead our larger accounts as a Sr. PM or Program Executive. There are also opportunities in TAM (Technical Account Manager) positions in many markets as well.

We have current and potential accounts across the U.S., therefore our roles are located in major markets- NY/NJ, Seattle, Washington D.C., Southern CA.

• In addition to sourcing out talent for DGS, I do incorporate some PM into my role keeping one foot in the business. After a few years in NYC I've moved to Austin. Most of my time is spent with my two dogs (adopted mixed are the best), and my husband. We like taking long walks, hiking and, of course, going to the dog park.

If interested in opportunities with Dell Global Services, you may send your resume to my email, or feel free to contact me in order to learn more.

Kelly BoatrightTalent AcquisitionDell | Global ServicesCell: (512) 672-9893Desk: (512) 723-4373Email: [email protected] In: http://www.linkedin.com/in/kellyboatrightDell Careers: www.dell.com/careers

Overview

• What is project

management

• Work breakdown

structure

• Project scheduling

– Gantt charts

– CPM

Project Characteristics

• Many related activities

• Difficult production planning and inventory

control

• General purpose equipment

• High labor skills

Examples of projects

Personal Company/Non-profit

Chapter 03 Project Management 2

Project Management Questions

• What activities are required to complete a project

and in what sequence?

• When should each activity be scheduled to begin

and end?

• Which activities are critical to completing the

project on time?

• What is the probability of meeting the project

completion due date?

• How should resources be allocated to activities?

Elements of Project Management

Planning

•Set goals

•Define project

•Develop work

breakdown schedule

•Identify

team/resources

Elements of Project Management

Schedule

•Sequence

activities

•Assign people

•Schedule

deliverables

•Schedule

resources

Elements of Project Management

Control

•Monitor

resources, costs,

quality

•Revise/change

plans

•Shift resources

The Role of the Project Manager

Project Plan

and Schedule

Revisions and

Updates

Project

Manager

Project

Team

Top

ManagementResources

Performance

Reports

Information

regarding times,costs, problems,

delays Feedback Loop

Organizational structures for projects

• Pure project structure - a self-contained team works full-time

on the project

• Functional project structure - housed within a functional

division; team members remaining part of the functional units

and typically are not dedicated to the project

• Matrix project – blends the function and pure project

structures. The project uses people from different function

areas. A dedicated project manager decides which

determines and schedules tasks but the functional manager

assigns people.

Chapter 03 Project Management 3

Pure Project Structure Advantages

• The project manager has full authority

over the project

• Team members report to one boss

• Shortened communication lines

• Team pride, motivation, and commitment

are high

Pure Project Structure Disadvantages

• Duplication of resources

• Organizational goals and policies are ignored

• Lack of technology transfer

• Team members have no functional area "home"

Functional Project

President

Research and

DevelopmentEngineering Manufacturing

Project

A

Project

B

Project

C

Project

D

Project

E

Project

F

Project

G

Project

H

Project

I

Example, Project “B” is in the functional

area of Research and Development.

Functional Project Structure Advantages

• A team member can work on several projects

• Technical expertise is maintained within the

functional area

• The functional area is a “home” after the

project is completed

• Critical mass of specialized knowledge

• Aspects of the project that are not directly

related to the functional area get short-

changed

• Motivation of team members is often weak

• Needs of the client are secondary and are

responded to slowly

Functional Project Structure Advantages Matrix Project Structure

President

Research and

DevelopmentEngineering Manufacturing Marketing

Manager

Project A

Manager

Project B

Manager

Project C

Chapter 03 Project Management 4

Matrix project structure Advantages

• Enhanced communications between functional areas

• Pinpointed responsibility

• Duplication of resources is minimized

• Functional “home” for team members

• Policies of the parent organization are followed

Matrix project structure disadvantages

• Too many bosses

• Depends on project manager’s negotiating skills

• Potential for sub-optimization

Work Breakdown Structure

1. Project1.1 Major task 1

1.1.1 Subtask 1 of major task 11.1.1.1 Activity 1 of subtask 1

1.1.1.2 Activity 2 of subtask 1

1.1.2 Subtask 2 of major task 21.2 Major task 2

1.2.1 Subtask 1 of major task 21.2.2 Subtask 2 of major task 2

1.3 Major task 3

Work Breakdown Structure

How is this project

structured?

List the 1st level of the

work breakdown

structure.

Project Scheduling Techniques

• Gantt chart

• Critical Path Method

(CPM)

• Program Evaluation &

Review Technique (PERT)

(SKIP)

© 1984-1994 T/Maker Co.

PERT and CPM

• Network techniques

• Developed in 1950’s– CPM by DuPont for chemical plants

– PERT by U.S. Navy for Polaris missile

• Consider precedence relationships and interdependencies

• Each uses a different estimate of activity times

Chapter 03 Project Management 5

Consumer Product Development

• A company has 16 weeks for the development of a consumer product from initiation through the market test phase.

• Every week after 16 that this project is not completed the company is losing $1000 in profit.

Activity Symbol Preceding

Activities

Time estimate

(weeks)

Investigate demand A -- 3Develop pricing

strategyB -- 1

Design product C -- 5Conduct promotional

cost analysisD A 1

Manufacture prototype

modelsE C 6

Perform product cost

analysisF E 1

Perform final pricing

analysisG B,D,F 2

Conduct market test H G 8

Network for Product Development

Start

A

B

C

D

G

E F

H

Gantt Chart for Product Development

Questions Which May Be Addressed by PERT & CPM

Is the project on schedule, ahead of schedule, or behind

schedule?

Is the project over or under cost budget?

Are there enough resources available to finish the project

on time?

If the project must be finished in less than the scheduled

amount of time, what is the way to accomplish this at least

cost?

Steps in the CPM

1. Activity Identification

2. Activity Sequencing and Network

Construction

3. Determine the critical path

From the critical path all of the project and activity

timing information can be obtained

Chapter 03 Project Management 6

Network closeupB

Arrow: Activity A

precedes Activity B

Node: Activity A – Build internal components

A

Node: Activity B – Construct collection stack

Start

A

B

Activity Relationships Critical path for House Building Example

Immediate

Activity Description Predecessor(s)

S Pour foundation and frame —

T Buy shrubs, etc. —

U Roof S

V Do interior work S

W Landscape T, U

Network for House Building Example

Start

S Fdn & frame

T Buy shrubs

U Roof

V Interior work

W Landscape

4 5 6 7 8 910

11

12

321Activity

Build House Project

Gantt ChartEarliest Start and Finish

Chapter 03 Project Management 7

S Fdn & frame

T Buy shrubs

U Roof

V Interior work

W Landscape

4 5 6 7 8 910

11

12321Activity

Build House Project

Gantt Chart Latest Start and Finish Example CPM

Consider the following consulting project:

Activity Designation Immed. Pred. Time (Weeks)

Assess customer's needs A None 2

Write and submit proposal B A 1

Obtain approval C B 1

Develop service vision and goals D C 2

Train employees E C 5

Quality improvement pilot groups F D, E 5

Write assessment report G F 1

Develop a critical path diagram and determine

the duration of the critical path and slack times

for all activities.

C B 1

Example: First draw the network

A None 2

B A 1

D C 2

E C 5

F D,E 5

G F 1

Act. Imed. Pred. Time

Critical Path Analysis• Provides activity information

– Earliest (ES) & latest (LS) start

– Earliest (EF) & latest (LF) finish

– Slack (S): Allowable delay

• Identifies critical path– Longest path in network

– Shortest time project can be completed

– Any delay on critical path activities delays project

– Critical path activities have 0 slack

Chapter 03 Project Management 8

Benefits of CPM

• Useful at many stages of project

management

• Mathematically simple

• Uses graphical displays

• Gives critical path & slack time

• Provides project documentation

• Useful in monitoring costs

Limitations of CPM

• Assumes clearly defined, independent,

& stable activities

• Specified precedence relationships

• Subjective time estimates

• Over-emphasis on critical path