Professional Documents
Culture Documents
the project life cycle Some topics stand-alone Other topics incorporated throughout Exercises Case-studies Tutorials
Projects in Contemporary Organizations Strategic Management and Project Selection The Project Manager The Project in the Organizational Structure
Project Activity Planning Budgeting and Cost Estimation Scheduling Resource Allocation
Monitoring and Information Systems Project Control Project Auditing Project Termination
Chapter 1
Introduction
Project management has found wide acceptance in industry It has many applications outside of construction
Introduction
Continued
Main forces in driving the acceptance of project and other forms of management:
1. 2. 3.
The exponential growth of human knowledge The growing demand for a broad range of complex goods and services Increased worldwide competition
All of these contribute to the need for organizations to do more and to do it faster Project management is one way to do more faster
tend to be large
The Channel Tunnel, or Chunnel Denver International Airport Panama Canal expansion project Three Gorges Dam, China
Projects
Figure 1-1
Project Management Institute is the major project management organization Founded in 1969 Grew from 7,500 members in 1990 to over 260,000 in 2007 The Project Management Journal and PM Network are the leading project management journals
Project Manager
Project
manager is the key individual on a project Project manager is like a mini-CEO While project manager always has responsibility, may not have necessary authority
Project is a temporary endeavour, having a defined beginning and end (usually constrained by date, but can be by funding or deliverables). E.g.- hospital, freeways, new website, movie, insurance policy etc.
Project vs Programme
Project is a non repetitive set of activities leading to singular product or service and gets over in a limited / finite time frame Programme is a repetitive array of activities carried out on a longer/ indefinite time frame to accomplish many no of similar / dissimilar projects
Resources Used (Capital/ Labour) A small maintenance project may take one month with only 10 people An O/S development project may take about three years involving somewhere around 500 people
Because resources are limited Because project has to be delivered within time and budget Therefore in order to maximise output (with regard to project delivery) with the limited input resource , managerial attention is needed.
main purpose for initiating a project is to accomplish some goal Project management increases the likelihood of accomplishing that goal Project management gives us someone (the project manager) to spearhead the project and to hold accountable for its completion
organizational complexity Higher probability organizational policy will be violated Says managers cannot accomplish the desired outcome Conflict
Figure 1-3
Figure 1-4
Figure 1-5
Figure 1-6
Figure 1-7