Project Management

Project Management vs Operations

Management

SCOPE

FEEDBACK

PROJECT :
PROCESSES
INPUTS OF OUTPUTS
CONVERSION
TIME COST
RELIABILITY
REPEATABILITY
CONSISTENCY
Project Lifecycle Phases

1. INITIATION 2. PLANNING 3. EXECUTION 4. CLOSURE

Project Certainty

Project UN-Certainty
Project Planning Activities
Objectives/Scope
Define what is in the project
and what must be achieved
Contract

Deliverables/Requirements
Finalise the requirements of the
project and how they are
embodied into deliverables
WBS
Create WBS and
define the content of the
Work Packages Schedule
Prepare the project
schedule
Budget
Prepare the project
budget Team
Identify resources and
Risk build the team
Prepare risk register
Stakeholders
Identify the stakeholders
and build a communication
plan
Integration
Optimize and harmonize
the plans
Project Execution Activities
Communicating
Managing the with & managing
Project Team stakeholders

Ensuring
Controlling Change
Contractual
Request
change Obligations
-- - - - -
are met

Reporting
Performance Monitoring
The scope

Managing
Managing the Schedule
Risks

Controlling
the Budget
5
Assumptions/Risks/Issues/Changes

Mitigation Actions Re-Planning Actions

Mitigation may
require a

may result
in
ASSUMPTION RISK ISSUE CHANGE
occurs may
If there is
require
a chance
that it is
a
wrong

Identification Change in
Identification of an Scope,
of a new risk unforeseen Schedule or
problem Budget
Career in Project Management
• 1956, the American Association of Cost Engineers was formed
by early practitioners of project management and the associated
specialties of planning and scheduling, cost estimating, and
cost/schedule control (project control)

• In 1969, the Project Management Institute (PMI) was formed to

serve the interest of the project management industry.

• In 1975 the Association of Project Managers (became

Association for Project Management in 1996) was formed.

• In 1990 the UK government adopted it for (mainly) IT projects. In

1996 a revised, more ‘flexible’, version was released called
PRINCE2 PRINCE2
Agile Project Management
Agile Framework
‘Traditional’ (waterfall) vs Agile

1. INITIATION 2. PLANNING 3. EXECUTION 4. CLOSURE

SPRINTS