Fundamentals of Project Management & Entrepreneurship

Fundamentals of Project
Management &
Entrepreneurship
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lecture of
Fundamentals of Project
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Management &
Entrepreneurship
prepared by
Fundamentals of Project Management & Entrepreneurship
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Fundamentals of Project management
The Definition and
Chapter I nature of project
management
The Definition and

01
Chapter II nature of business
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projects
02
Chapter III Stages of creation and
03 building business
projects
04
Chapter IIII Small business
projects
Chapter I
Chapter Contents
Introduction The concept of
The concept and
project characteristics of
management. the project.
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How to become a The reasons for the

failure of the project The basic activities of project
good project
manager? and how to get the management.
project back on track
again
1 Chapter Objectives
Statement of the most
important basic activities
Identify the concept of the of project management.
project and identify its
most important 感谢您下载包图网平台上提供的PPT作品，为了您和包图网以及原创作者的利益，请勿复制、传播、销售，否则将承担法律责任！包图网将对作品进行维权，按照传播下载次数进行十倍的索取赔偿！
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Explaining the most
characteristics. important reasons for the
failure of the project, and
determining how to get the
Accurately define the project back on track again.
concept of project
management according to Learn about some
different points of view. modern forms of
business projects in
Egypt.
Basic Project Management Activities
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Basic activities of project management
Alignment with Resource

business strategy Management
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Investment
financial
Portfolio future planning
management
Management
Resource Alignment with
Management: business strategy:
The needs of the current The selection of projects
commitments of resources and programs depends
must be clear and known, solely on the extent to
as well as the possibilities which they support the
for carrying out other work 感谢您下载包图网平台上提供的PPT作品，为了您和包图网以及原创作者的利益，请勿复制、传播、销售，否则将承担法律责任！包图网将对作品进行维权，按照传播下载次数进行十倍的索取赔偿！
realization of the business

2
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in new projects, and if 1 strategy and contribute to

resource planning is not its growth. The precise
applied, you cannot know establishment of the
whether you have enough company's framework is
resources to complete the an essential document to
projects you started or
support the decision
not, let alone start projects
made in the selection
New.
process.
Investment Portfolio Financial Management:
Adequate funding must be
Management: provided to meet the budget
Maintaining a clear and
approved list of current
needs of all current projects
projects and projects awaiting from resources, but if you
implementation is essential so do not know the cost of the
that all employees realize the projects, the work cannot
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importance and priority of the 3 develop an appropriate plan

projects on the list. Without 4 for the cash surplus and
this registration, the prepare for the project’s
relationship between the future needs, and this can
projects is not clear, and the lead to the postponement or
projects to be implemented cancellation of other
are not visible to all projects.
employees in the company.
Future Planning:
Choosing projects requires the company to carry
out future planning using appropriate information
from the labor market and customers, and future
planning avoids the company from making biased
decisions and losing focus on areas of business

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5 growth potential and missed opportunities.

In order for your project to achieve successful
results, you need to identify the key roles of all the
primary officials in the business, as well as their
responsibilities in management and project activities,
and how they collaborate to perform the work and
this is known as infrastructure. This prevents any
confusion in the project, as the source of decision-
making authority clarifies, and also prevents any
unrealistic project cost estimates or any delay in
project completion dates.
In every project, regardless of the owner of the idea or work, we
need:
• A person who needs to realize the benefits - the top management of
the company.
• A person who wants to use, influence, or be affected by the results
- the customer and the stakeholders.
• A person responsible for realizing the benefits - the project
supervisor.
• Person responsible for the work of the project - the project
manager.
• Persons responsible for the project work - the project team.
• Persons engaged in supplying the project with resources -
Executive Directors.
Fifth
The reasons for the
failure of the project
and how to get the
project back on track
again.
Reasons for the failure of the project
Unspecified goals Information not

1 saved 5
Failure to specify The absence of

responsibilities 2 control 6
No timetable 3 Weakness Leadership 7
Not sharing 4 bad communication 8

There are many reasons for the failure of the project, including
the following:
1. Failing to Involve All Primary Beneficiaries in the Project:
Failing to identify, or in an effective manner, the people who
influence your success, in a timely manner.
2. Vague goals:
The lack of specific goals to determine whether or not you have
achieved the desired results from the project.
3. Ambiguity or lack of defining roles and responsibilities:
Not setting clear boundaries for the various tasks of the team
members involved in the implementation of the project.
4. Incomplete accuracy of schedule and resource estimates required:
forgetting some tasks and making unrealistic estimates about the
time the task will continue, failing to estimate its dependency, not
specifying the required skills, and not accurately estimating the
individual's working hours.
5. Not participating in or defining the basic assumptions of the
project:
failure to know the credibility of the information, the belief that
what you know others know and therefore do not need to tell them
what you know.
6. Not writing basic information:
sharing information and reaching agreements orally and not
confirming them in writing.
7. Inaccurate monitoring of workflow:
failure to record financial and staff expenditures and the
dates at which activities begin and end, and not share this
information with team members in a timely manner.
8. Lack of control over the individuals responsible for
implementation:
the lack of reward for fulfilling obligations and the
punishment for abandoning them.
9. anticipating and planning for risks: not identifying what
might go wrong, not developing contingency plans for
expected problems, and not exchanging information about
the objectives to be achieved.
10. Bad communication between the team:
not sharing important information with all team members or
introducing them to this information late, whether intentionally or
unintentionally.
11. Weak team leadership:
unclear project vision, ignoring people's demonstration of commitment
to achieving desired results, and failure to consistently maintain
people's motivation.
12. Unsteady support from senior management:
failure to retain project personnel, unwillingness to resolve disputes
over time and resources, and use of inappropriate systems and
procedures to support project oversight.
13. Lack of commitment of all team members towards the success of the
project:
Lack of personal commitment to achieving the goals that came in the plan.
To be successful in the project, you must deal effectively
with the following:
People: team members, company management
personnel, and people who will support or be affected by
the project.
Operations: planning, organizing, monitoring and
supervising work and making decisions to resolve
disputes.
Systems: procedures and sources of information that
affect how project activities are implemented and how
associated resources are allocated and monitored.
The steps to get the project back on track again
4 Re-checking
the possibility
of performing
3 the remaining
activities
2 Re-checking
Project Objectives
1 Determining the
Re-Verification of
Primary Employers
cause of the
project’s decline
8 Develop a Risk
7
Remediation
Plan.
6 Re-validation of
Personnel Duties.
5 Re-validation of
Develop a
Workable Timeline.
roles and
responsibilities
8
7
10 Monitor and control
performance closely in
9
relation to the rest of the
project.
Holding the starting
session in the middle of
the session.
Sixth
How to become a
good project
manager.
Successful project management depends not only on what you do,
but also on how you perform the task at hand. There is no doubt that
attitudes and behaviors towards others affect the way these people
respond to you, and these tips can help win the support of project
workers.
1- Be a responsible person:
You should research the reasons behind the requests and actions.
Understanding the reason helps you to ensure that you respond
correctly, increase motivation and sales, and you should share your
information with others.
2- How many people can do anything?
You can view all problems as challenges and, therefore, find a way to
overcome such challenges. Be creative, flexible and consistent. You have
to constantly work on the problem in order to be able to address it.
3- Do not make assumptions:
Take the time to research the facts. Use assumptions only when they are the
best and only solution. If a danger arises with each assumption, it means that
you are wrong. The fewer assumptions, the more confident you are in the plan
you have for the project.
4- Be clear and specific:
Your communication with others should be clear. Be specific and let people
know exactly what you mean. You should also tell them what they should do
and what you would do for them. And you might think that the more
mysterious you are, the more freedom you have. In fact, this ambiguity
increases the chances of misunderstanding.
5- Respect for others:
Try to focus on people's strengths, not weaknesses. Try to find anything in this
person that warrants your respect for him. People work hard and often enjoy
what they do if they find people around them who appreciate their work.
6- See people as your collaborators and not your enemies:
Try to focus on common goals, not individual goals. When you make
the project members feel comfortable, this will encourage them to
use their minds, stimulate their effective thinking, and the desire to
try everything new. But if you view them as your opponents, this will
put them on the defensive and thus encourage them to be your
enemies.
7- Think More:
You must put things in perspective; That is, understanding where
you want to end up and how and what to do in order to be helped to
get there, you can share your opinion with others.
8- Consider the details:
Be accurate, if you are not accurate, who will be?
9- Advertisement of Good Performance:
A minute can be taken to announce a good performance.
Tell the worker, his boss, and team members about his good
performance.
10- Be a manager and a leader:

You must listen to people and also have a clear view of
information, processes, and systems. You must share your
opinion and your joy with others as you share your
commands and competence with them.
Plans are
done
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To be
Re- done
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Thanks
For
Listening

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Fundamentals of Project

The Definition and

How to become a The reasons for the

Alignment with Resource

realization of the business

in new projects, and if 1 strategy and contribute to

importance and priority of the 3 develop an appropriate plan

decisions and losing focus on areas of business

5 growth potential and missed opportunities.

Unspecified goals Information not

Failure to specify The absence of

No timetable 3 Weakness Leadership 7

Not sharing 4 bad communication 8

10- Be a manager and a leader:

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