Project Management and Leadership

Content
Introduction to Project Management and Leadership
 Outline:
1. Project Management and Goal
2. Importance of Project Management
3. Roles in Project
 1. Project Management and Goal

Every Project needs to have a Goal – Vision – Mission.

It is important for projects to have a clear goal, vision and

mission of the project and what to expect.

 1. Project Management and Goal

Projects are not routine activities or habits. Thus they should be

well defined and have a clear objective. The outcomes could be

depending upon the expectation of the client or the desired

product.
 1. Project Management and Goal

A start time and an end time will keep the project well

understood and thereby the team or organization would know

the expectations and the cost involved.

 1. Project Management and Goal

A project ends when goal is achieved and thereby every

organisation has continuous projects for sustaining. This leads to

closing a project and proceeding towards the next project.

 1. Project Management and Goal

The delivering of the project output creates value addition to the

firm and profits. Thereby experiences of projects help in

improvising the operations efficiently and delivering the results with

the best possible resources.

 1. Project Management and Goal

Since firms expect projects to be of value addition, the results drive

the quality and experiences of the future projects and thus firm is

able to develop the best competitiveness.

 1. Project Management and Goal

The resources include manpower, time, finances, raw materials,

machinery and knowledge power.

 1. Project Management and Goal

Apart from the resources, application of the resources in the most

rightward manner makes it increase the efficiency. Thus, projects

focus on improvising the efficiency to grow in the value chain.

 2). Importance of Project Management

Tactical execution drives product success, the project management

capability is increasingly significant. Project management applied to

product development is a crucial capability, deserving of search for

“best practices.”
 2). Innovation Project
Framework
Project management is the vehicle for applying the technology

portfolio and realizing the product portfolio. Because projects are

customer-focused, the developer can fit organizational capability

with demanded customer benefits. In terms of creating value,

product development is a vital cross-functional business process, not

a technical function.
3). Roles in Project Management
 3). Roles in Project Management

Stakeholders

Steering committee

Sponsors

Functional Managers

Team

Project Manager

Product Manager
 3). Roles in Project Management

•Provide a framework for the project’s activities

•Identify needed resources

•Negotiate with higher authorities

 3). Roles in Project Management

•Recruit effective participants

•Set milestones

•Coordinate activities
 3). Roles in Project Management

•Keep the vision clear and the work on track

•Make sure everyone on the team contributes and benefits

•Mediate conflicts

•Make sure project goals are delivered on time and on budget

 Review Questions:

1. Why is it important to understand the project goals

2. Why is it important to understand the deliverables of the
project
3. What are the roles in project management
 Thank you!
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