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What is project management

Project management is the

application of knowledge, skills , tools
and techniques to the project
activities in order to meet or exceed
stakeholder needs and expectations.
Terminologies used by PM
What is a project?
The triple constraint

PROJECT SCOPE

Cost QUALITY
WITH
AVAILABLE
RESOURCES

SCHEDULE
Phases of Project Management
Phases 1: Initiation

The first Phase explores the project concept

Scope is defined during this phase

Feasibility studies are made in order to identify if there is a business need

and justification to pursue the project. Project charter is developed for
approval

This is the phase that the project team is assembled and the project
manager is identified
Phases 2: Planning
This phase further details the scope of the project.

Tasks and resources are identified and assigned during this phase

Project manager coordinates the preparation of the schedule and

project budget

Risks are identified ahead to anticipate any project threats

Quality plan is developed to maintain proper standards throughout

project

Communications plan is created in order to ensure everyone is

constantly informed of project status
Phases 3: Implementation
This phase is where the work outlined in the project plan is performed.

This phase consumes the most resources and energy.

Constant and close monitoring of the work should be done to ensure efficiency of
the project execution.

Status reports are important for all stakeholders involved.

Deliverables are measured against the set metrics to ensure quality is acceptable
Phases 4: Closure

This is the last phase of the project life cycle and involves handing over final
deliverable to the customer.

Contracts are properly terminated for equipment, vendors and staff.

All stakeholders are to be informed of project closure.

This phase is when the team reviews the overall project and identify lessons
learned for future projects.
Project Stakeholders

What is a project stakeholder?

If you can gain or lose from the success or
failure of a project , you have a ‘Stake’ in the
project

Key project stakeholder

Customers/ client
Project sponsor
project manager
Project team
Responsibilities of PM
Project Plan Contents

Statement of work (SOW)

Work Breakdown structure (WBS)
Responsibility assignment matrices
Project schedule
Resource plans/histograms
Budget
Risk management plan
communication plan
quality plan
Verification and validation plan
Project Plan Template
Project plan benefits

Provides an effective communication tool to ensure

understanding of project goals and the means to achieve
them

Defines outcomes and commitments

Establishes guidelines and standards

Establishes the baseline for evaluating and reporting

progress

Forms the basis for scope control and change

management
Project Cost Tracking Excel Template

https://lnkd.in/dcGXFWuM
Case studies
The 2005 Canada Games:
A Case for PMI’s Volunteer Driven Project Management Model
link: https://www.pmi.org/-/media/pmi/documents/public/pdf/case-study/canada-games.pdf?
rev=383420c9853e456ab14af005db7ca6f5
Case studies

MIller park stadium project

https://www.pmi.org/learning/library/miller-park-stadium-project-case-study-13164
Case studies

The Guri Dam project

Link:https://www.pmi.org/-/media/pmi/documents/public/pdf/case-study/guri_dam_project_student_version.pdf
Project Management Tools
 Building Better Place For

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