ProjectManagement-SaintMartinsUniversity.pptVIP

Project Management “Introduction to Project Management: Tools, Techniques, and Practices” BA 320 Operations Management Projects versus Operations Organizations perform work - either Operations, or Projects Shared characteristics of projects and operations Performed by people Constrained by limited resources Planned, executed and controlled Operations and projects differ: Operations are ongoing and repetitive Projects are temporary and unique “A project is a temporary endeavor undertaken to create a unique product or service.” temporary - definite beginning and end unique - different in some distinguishing characteristic Examples of projects Developing a new product or service Effecting a change in structure, staffing, or style of an organization Designing a new transportation vehicle Constructing a building or facility Running a campaign for political office Implementing a new business procedure or process What is Project Management? Project management is the application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project. The project management challenge Meeting or exceeding stakeholder needs and expectations invariably involves balancing competing demands among: Scope, time, cost, and quality Stakeholders with differing needs and expectations Identified needs and unidentified expectations - “client relations challenge” The core of project management published by PMI in 1987 Where most projects fail Project Management Knowledge Areas (PMBOK) Scope Management Cost Management Communications Management Human Resources Management Time Management Quality Management Risk Management Procurement Management Relationship to other disciplines - similarities General management encompasses Planning Organizing Leading Controlling PM management functions overlap Function overlap Planning the work, schedule and budget Organizing and staffing a team to implement the work Controlling the pr