Project Management

A Introduction

Vivek Nair
 What is Project Management

Project management is the discipline of

planning, organizing, securing and managing
resources to bring about the successful
completion of specific projects goals and
objectives.
 Project???
• A project is a temporary endeavor, having a
defined beginning and end
undertaken to meet unique goals and
objectives
usually to bring about beneficial change or
added value.
Objectives of Project Management
• Setting Objectives
• Performance and Quality
• Budget
• Time to Completion
 Types of Project
• Tangible Products
• Intangible Products
• Craft Work
• Intellect Work
Based on Areas:
o Construction Projects
o Research Projects
o Re Engineering Projects
o Procurement Projects
o Business Implementations Projects
 Types of Project Delays
• Internal Delays
1. Materials and Sub Assemblies
2. Equipment
3. Manpower
4. Money
• External Delays
1. Political Stability
2. Culture
3. Water, Electricity
4. Tax Benefits
5. Legal- Environmental, Licenses
 Mitigation of Project Delays
• Focusing the Project Team
• Prioritizing the Tasks
• Reducing the Scope of the Project
• Increasing resource
• Communicating the delay
 Project Management Life Cycle
• Project Initiation
• Project Planning
• Project Execution
• Project Closure
 Phase 1 : Project Initiation
Development of Business Care
• Research Business Problem and Opportunity
• Indentify Alternatives If Any
• Quantify the benefits and cost of each solution
• Recommend Preferred Solutions
• Indentify Risks
• Establishment of Reference
• Appointment of Project Team/Job Description
• Setting up Project office
• Performing Phase Review
 Phase 2:Project Planning
• Project Plan
• Resource Plan
• Financial Plan
• Quality Plan
• Risk Plan
• Acceptance Plan
• Communication Plan
• Procurement Plan
• Contracting Suppliers
• Phase Review
 Phase 3: Project Execution
• Time Management
• Cost Management
• Quality Management
• Change Management
• Risk Management
• Issue Management
– Staff
– Suppliers
– Equipment
– And other issues
• Procurement Management
• Acceptance Management
• Communication Management
 Phase 4 : Project Closure
• Project Closure Report
a. Project Completion Criteria
b. Listing Outstanding Activities
c. Creating Plan for passing deliverables to customer
d. Planing and handing over of project
e. Ceasing supplier contracts and agreements
f. Releasing Staff and Equipments
g. Handing Over Deliveables of the project to customer
h. Communicating Closure of Project

• Reviewing Project Completion

a. Measuring the benefits and objectives
b. Deciding whether the project was within the scope
c. Assesing the final deliverables produced
d. Reviewing the project against schedules
e. Comparing the expenditure against budget
f. Stating the final outcome of the project
Three Gorges Dam
Chandrayaan 1
Worlds Largest Oil Refinery Complex,Jamnagar
RIL-1.24 mn Barrels/Day, 36 months,