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Instructor: Ali Irfan

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PM Triple Constraint

Time

Quality

Scope Cost

Project Management
Application of knowledge, skills, tools & technologies to the project
activities to meet project requirement.

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NO vs YES (Project Management)
• Wait and Watch • Plan the work; work on plan

• React according to situation • Proactive, ready to mitigate risks

• Decision from instinct/heart • Fact based decisions

• Making data as you go • Observation and performance

• Blame game • Introspection

• Less Control • Monitoring and Controls

Program
• Group of related projects, sub programs & activities managed in a coordinated
fashion to obtain objectives NOT available from managing them individually.
• A project may or may not be part of program but program always have projects.
• Each project within program has project manager.

Program Management
• Application of knowledge, skills, tools & techniques to a program in order to meet
program requirements and to obtain benefits & control not available by managing
projects individually
• Generally, each program has unique program manager.

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Program Management - Example

• New Hospital Opening


• Building Construction – Project
• Water & Sanitation – Project
• Central Heating & Cooling – Project
• Food Supply to workers – Operation

• New Ecommerce Solution


• Design & Requirements – Project
• Payment Gateway – Project
• Website Core Functionality - Project
• PoS - Project

Portfolio

Projects, programs, sub portfolios, and operations managed as a


group to achieve strategic objectives.

The projects or programs of the portfolio may not necessarily be


interdependent or directly related.

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Portfolio Management - Example

ABC Technology Ltd


• Ecommerce – Programs
• Ecommerce Website, PoS, CallCenter Software
• Franchise System– Program
• Franchise Management System, Franchise Monitoring, Finance & HR Management
• Support – Program (Operations)
• Customer Care, Franchise Care

Portfolio, Program & Project Management

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PMO (Project Management Office)


Centralized unit that oversee projects and programs within organization
Establishes & maintains the standard and methodologies of project management
Support managers in planning, estimating and performing related activities

• Types/Roles
• Supportive (Low control)
• a consultative role to projects by supplying templates, best practices, training, information and
lessons learned from other projects.

• Controlling (Moderate Control)


• provide support and compliance. May involve adopting project management framework.

• Directive (High Control)


• control projects by direct management.

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Project Life Cycle

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Project Life Cycle

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