Project Management

Project Management
What is Project?
 A project is a temporary endeavor
undertaken to create unique product,
service or result.

What is Project Management?

 Project management is the application of
knowledge, skills, tools and techniques
to project activities to meet the project
requirements.
 Balance the Trade-off
Triple Constraints
 Project Organization
 Functional
Weak
 Matrix Balance
 Projectized Strong
Project Organization
Project Cost & Staffing Level
Impact of variables
Project Phase
Project Cycle
Project Cycle
Project Management KA
Project Management KA
Project Management KA
Initiation
Charter
 Stakeholders
WHO? Is paying for it
Is making profit of
it
Is using it
Is with/against it
Influences it
Will be promoted
Will be punished
Stakeholders
Influence
Influence

Interest
Interest
 Planning stage
“Man does not plan to fail, he
just fails to plan.”
Anonymous
Planning stage
 Work Breakdown Structure
Work Breakdown Structure
Work
(WBS) Breakdown
Schedule Structure
 Hierarchical decomposition of the
total scope of project Resources

Work Package
 Lowest level of WBS for each cost and
duration can be estimated Project
Plan
WBS (sample)
Execution
Monitoring & Controlling
Risk Management