You are on page 1of 8

OBJECTIVES

 Project Management
 Project Managers
 Program, Project & Portfolio
 Project vs Operation
 Intro to PMBOK, PM Lifecycle by PMI

6A’s of Learning
1. Attitude
2. Adaption
3. Application
4. Attendance
5. Active involvement
6. Aha! (aha moments)

Characteristics of a Project
1. Temporary endeavor
2. Specific output
3. Unique undertaking

Samples of Project
1. Building of new data centers
2. Design and prototype of new product
3. Voice over IP systems upgrade to latest version
Samples of Operation
1. Troubleshooting of faulty production equipment (ex. PLC)
2. Production of devices

Contents from:
1. Guthrie & Jensen Consulting
2. Harvard Manage Mentor / Harvard Business School;
3. PM Body of Knowledge by Project Management Institute
4. Managing Successful Project w/ Prince2 by Axelos
5. ITIL by Axelos

PROJECT MANAGEMENT… WHY BOTHER?


 Critical to the success of any organization
 Activities that result in new or changed products, services,
environments, processes and & organizations
 Results in increase sales, improve customer satisfaction,
reduce costs, improve the work environment & benefits

A project is a work that needs to be done to produce a unique,


predefined outcome within a predetermined period of time and
budget.
Triple constraint affects the QUALITY. QUALITY is what we need
to maintain
BALANCING ACT: Any change in any of one of the Scope, Time
or Cost will AFFECT the QUALITY of the project

THE PM Triangle(s)

ORGANIZATIONS PERFORM WORK


1. Operations – Repetitive task and providing same result
2. Projects
CHARACTERISTICS SHARED BY OPERATIONS AND PROJECTS
 Managing people
o Performed by people
 Managing a budget
o Constrained by limited resources
 Communicating with a team, with upper management and
outside stakeholders:
o Planned, executed and controlled
 Staying flexible

Key Performance Indicator (KPI)


 refer to a set of quantifiable measurements used to gauge
a company's overall long-term performance.

DIFFERENCE BETWEEN OPERATIONS AND PROJECTS


Organization Project landscape (Project vs Program vs
Portfolio)

THE PROJECT MANAGER


“Any human activity that involves carrying out a non-repetitive
task can be a project… So, we are all project managers! We all
practice management (PM).”

PM Life Cycle

Process Groups (MEMORIZE)


 Initiating – start of the project
 Planning
 Execution
 Monitoring & Controlling
 Closing
(MEMORIZE)

You might also like