Basics of

Project Management
 INTRODUCTION TO PROJECT
MANAGEMENT
• WHAT IS A PROJECT
• WHAT IS NOT A PROJECT
FEATURES OF A PROJECT
• Unique in nature.
• Have a defined timescale.
• Have an approved budget.
• Have limited resources.
• Involve an element of risk.
• Achieve beneficial change.
• DIFFERENCE BETWEEN PROJECTS AND
OPERATIONS

Performance
Work

PROJECT OPERATIONS

UNIQUE TEMPORARAY REPETITIVE CONTINOUS

 INTRODUCTION TO PROJECT
MANAGEMENT

• CLASSIFICATION OF PROJECTS
a) On the basis of type of work
b) On the basis of project completion time
c) On the basis of project value
d) On the basis of ownership
e) On the basis of pace of work
• QUASI PROJECTS VIRTUAL PROJECTS
 Time to build: 14 years
Cost to build: $15 billion
Intensity of activities PROJECT LIFE CYCLE

I II III IV
Time
Feasibility Stage Or Conception Stage
• Identification of the need
• Identification of alternatives
• Evaluation / appraisal of the alternatives
• Business Case Document ( BCD ) is prepared
• Preliminary identification of human and non-
human resources
• Appoint Project manager ( Halo effect )
• Manage start up meeting
• Project Charter prepared
• Investment decision/‘go ahead’ signal.
 DESIGN STAGE
(PLANNING & SCHEDULING STAGE)

• Ideas are amplified---- BLUE PRINT

• Identification of phase objectives and
deliverables
• WBS is made
• Equipment, costs, time schedule and other
specified resources are planned
• Funds are raised
• The output of design phase is called “Detailed
Project Report (DPR)”.
 Execution or Production Phase

• Emphasis is given to give physical shape to

the ideas presented in DPR.
• Resource procurement (material/machinery)
starts.
• Organizing, Leading,Directing,co-
ordinating,monitoring and controlling
• Certificate of Completion issued
Termination or Commissioning Phase
• Testing and trials are done
• Compatibility of deliverables to real operating
environment is checked
• Hand over Process with documentation
• Training of operating personals.
• Formal closure of accounts, contracts and
team .
 PEOPLE INVOLVED IN PROJECT

• PROJECT SPONSOR
• PROJECT MANAGER
• PROJECT TEAM
• PROJECT STAKEHOLDERS
 DOCUMENTS INVOLVED IN PROJECT
• BUSINESS CASE DOCUMENT
• PROJECT CHARTER (Template)
• STATEMENT OF WORK
• DETAILED PROJECT REPORT ( Template)
 PRODUCT LIFE CYCLE
a) Corporate Vision
b) Corporate Requirements STRATEGY PHASE
c) Business Case
d) Feasibility Study
e) Project Definition PROJECT PHASE
f) Project Execution
g) Commissioning and handover and
closure
h) Operation Start- Up
i) Half Life OPERATION
j) Disposal PHASE