Project

Management
 What is Project?

A temporary endeavor undertaken to

create a unique product, service or result

 What is Project?

Time Goal Cost

Start Product/Service/ Resources

Date/End Result
Date
 What is Project?

Time

Routine work conducted at office also has a

start and end. But is it a project?
Start
Date/End Project is executed to generate unique
Date product/service/result with strict expiry
date
 What is Project?

Goal is the objectives laid by the project manager in

order to achieve a specific target
Goal
Goal + Work done = Scope (unique) of the project

Silchar Ladakh Mumbai

Product/Service/
Result Scope should be unique. Repetitive works do not
represents scope for a project.
 What is Project?

Cost Resources used to execute the project. It can be

money, human efforts, equipment, or any other
form of resource.

This factor is one of the most crucial components

to decide the success of the project.
Resources
 What is Project?

Project Management Triple Constraint Diagram

Scope

Time Scope
Cost
Time Cost
 Need for a Project

 Market
 Business
 Technology
 Customer feedback
 Legal
 Social
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Menu Service
 Legal
 Social Technology Cost
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Expenses Revenue
 Legal
 Social Technology Market
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Competition Cost
 Legal
 Social Resource Market
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Demand Cost
 Legal
 Social Resource Planning
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Policy Environment
 Legal
 Social Government Security
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Policy Approvals
 Legal
 Social Government Management
 Environment
 Need for a Project

 Market Constrained
environment
 Business
 Technology
 Customer feedback Resource Approvals
 Legal
 Social Government Technology
 Environment
 Project selection

 Market Project = Tool to execute the various

needs
 Business
What if there is more than one need at
 Technology a time?
 Customer feedback How to decide which project proposal to
select, discard or postpone to later
 Legal date?
 Social Answer: urgency, value, cost, time,
return on investment
 Environment
 Project Manager Role

Approval
End
Start

Proposal
?
Execution
Project
Manager
 Project Manager Role

 Accountability
 Skills
 Responsibility
 Analysis
 Knowledge
 Decision making
 Critic
 Expertise
 Updated
Project Completion
 Negotiator
 Attitude