Introduction To Project Management 1

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INTRODUCTION TO

PROJECT
MANAGEMENT
PRESENTED BY
G SUDARSAN(20331A0352)
CH CHANDRA SHEKAR(20331A0332)
PROJECT MANAGEMENT MEANING

 Project Management is the art of directing and


coordinating human and material resources, throughout
the life of a project, by using modern management
techniques, to achieve pre-determined objectives of
scope, time, cost, quality and customer satisfaction.
 A project, in simple terms, is a temporary task with a
clear goal, specific start and end dates, and assigned
resources. It's like a planned effort to achieve something
within a set timeframe.
CLASSIFICATION
 Projects can be classified in various ways based on different criteria.
Here are common classifications:
 Size and Complexity: Small-scale projects
Medium-scale projects
Large-scale projects
 Nature of the Project: IT projects
Construction projects
Research Projects
 Duration: Short-term projects
Medium-term projects
Long-term projects
 Industry: Healthcare projects
Education projects
Manufacturing projects
 Purpose: Development projects
Maintenance projects
Research projects
CHARACTERISTIC FEATURES
PROJECT MANAGEMENT TOOLS
PROJECT SELECTION AND EVALUATION
 Project selection and evaluation involve systematic
processes to choose the most appropriate projects for an
organization. Here's a simplified breakdown:
 Identification: Identify potential projects based on market
needs, organizational goals, or problem-solving opportunities
 Feasibility Analysis: Assess the technical, operational,
economic, legal, and scheduling feasibility of each project .
 Cost-Benefit Analysis: Compare the expected costs and
benefits of each project to determine its financial viability.
 Resource Availability: Assess the availability of resources
such as personnel, technology, and funding for each
project.
 Stakeholder Consideration: Analyze the impact of each
project on stakeholders and gauge their level of support.
 Selection Criteria: Define clear criteria for project
selection, considering factors like strategic fit, return on
investment, and alignment with organizational
capabilities.
ROLE OF PROJECT MANAGER:
Project managers play a crucial role in ensuring the
successful planning, execution, and completion of projects.
Some key roles and responsibilities include:

 Project Planning: Develop comprehensive project plans,


outlining scope, timelines, resources, and tasks.
 Team Leadership: Lead and motivate project teams,
fostering collaboration and effective communication.
 Risk Management: Identify, assess, and mitigate project
risks to minimize potential issues.
 Stakeholder Communication: Communicate with
stakeholders to manage expectations, provide updates,
and address concerns.
 Budget Management: Monitor and control project budgets,
ensuring efficient use of resources.
 Problem Solving: Address challenges and obstacles, finding
solutions to keep the project on track.
 Client Satisfaction: Ensure client or stakeholder
satisfaction by delivering on project objectives and
meeting expectations.

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