Professional Documents
Culture Documents
Slide 1
Slide 1
(UFA 2003)
Week 1
CONTENT
1. What is Project?
2. Attributes of Project
3. Project Vs Process
4. Challenges
5. Project Constraints
6. What is Project Management?
WHAT IS A PROJECT?
Definition
Project Process
1. Engineers redesign controls 1. An insurance company processes
on an automobile dashboard thousands of claims everyday
2. An advertising firm produces 2. Power company operate
print and television ads to hydroelectric dams, controlling the
promote a product water flowing through and energy
3. Hospital administrators produced, day after day.
restructure responsibilities for
nurses in maternity wards
4. Construction of building
5. Wedding ceremony
6. Family day
CHALLENGES OF A PROJECT
1. Personnel
• different personnel needs for difference projects
2. Estimating
• Success relies on accurate estimates (progressive elaboration)
3. Authority
• When project cross organisational boundaries, authority for
many decisions not clear
4. Controls
• Normal accounting practices matches operational budgets to
operational costs on a quarterly or annual basis but this is not
sufficient to keep a project on track
2. THE COST
• budget agreed by customer that includes an
estimate of all costs required to complete the
project
3. THE SCHEDULE
• is the time table that specifies when each
activities should start and finish.
HOW TO OVERCOME THESE CONSTRAINTS?
1. THE SCOPE
• Ensure scope is within a reasonable and feasible
framework such as duration and budget etc
2. THE COST
• Allow say 10% for unforeseen events
• Back up plan for financial support
3. THE SCHEDULE
• Ensure it is properly plan before the project is
implemented
• Allow buffer or extra time
Saint Peter’s Basilica (Rome)
Architect - Michelangelo
Construction 1506 - 1626
3 Gorges Dam (Yichang, China)
http://www.chinapage.com/3gorge/3gorge.html
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BENEFITS OF PROJECT MANAGEMENT
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WORK BREAKDOWN STRUCTURE
CONCLUSION
• Systematically planned project will assist in
the achievement of the intended objectives
• Use of project management tools and
techniques will help in achieving better result.
• Understanding the basic concepts and
characteristics of project management is very
critical in accomplishing the objectives
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HIGH LEVEL REQUIREMENT
1. Understand the Importance of Requirements
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