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INTRODUCTION
(WEEK 1)
1
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CONTACT HOURS
Total Student
Lecture Tutorial Self Study Library Search Assignment Exam Learning Time
(hours)
2 2 4 4 2 NIL 14
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LEARNING OUTCOMES
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INTRODUCTION
Why project management is necessary in todays world?
Speed , Quality, Cost Control
Main forces of the acceptance of project management
Exponential growth of human knowledge
Growing demand for a broad range of high quality and
sophisticated products / services
Increase Global / worldwide competition
Project management allows managers to
Plan
Manage
Strategic initiatives that generate new revenue
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INTRODUCTION
Project management is application of knowledge, skills. tools
and techniques to project activities to meet project
requirements.
Control expenses
Enhance profitability
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PROJECT MANAGEMENT
The basic purpose for initiating a project is to accomplish SPECIFIC
goals.
The reason for organizing the task as a project is to focus the
RESPONSIBILITY and AUTHORITY for the attainment of the goals on
AN INDIVIDUAL or SMALL GROUP.
The project manager are able to be responsive to
The client and the environment
Identify and correct problems at an early date
Make timely decisions about trade-offs between conflicting project goals
To ensure managers of the separate tasks that comprise the project do
not optimize the performance of their individual tasks at the expense of
the total project.
Project management gives us someone (the project manager) to
spearhead the project and to hold accountable for its completion
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PROJECT MANAGER
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PROJECT MANAGER
Project manager is the key individual on a project
Coordinate and integrate all activities to achieve
projects goal- good planning skills
Business acumen
Leadership
Good communication skills expert in conflict
resolution
Possess certain level of technical knowledge
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WHAT IS PROJECT
One time activity with a well-defined set of desired end results
Temporary work performed to produce a unique product or service
Has start and End date
Eg: MRT project duration (start and end date)
Construction work temporary
End product - unique
Work which is routine and ongoing repetitive is not a project, eg:
assembly line in the manufacturing company
Main parties-at-interest or stakeholders in a project are: client,
parent organization, project team and the public
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DEFINITION OF A PROJECT
A temporary endeavor undertaken to create a unique
product, service or result
PMI, 2008
In its early days, project management was used
mainly for large complex projects
Modern project management began with the
Manhattan Project
As the tools and techniques were developed, the use
of project organization began to spread
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CHARACTERISTICS OF A PROJECT
Importance:
A project must be an endeavor that is important enough to get and
maintain senior management support. Without that support, the
project will fail at the first sign of difficulty.
Scope:
A project must have a well-defined set of desired end-results. It often
involves the coordination and control of the timing and precedence of a
set of interrelated tasks.
Lifecycle:
Projects are temporary endeavours/activities. The performing organization
should complete the projects work between the projects start date and the
projects termination date. In many projects, the termination of the project
may involve a transition process that releases the projects solution to steady-
state business operations.
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CHARACTERISTICS OF A PROJECT
Interdependencies:
Projects interact with routine operations of the performing organization
as well as with other projects.
Uniqueness:
Project management is always the tool of choice when a never done this
before goal is taken on. Project management is an inappropriate tool for
routine tasks such as cutting payroll checks.
Resources:
Projects have constrained resources, particularly people, which require
careful management. Financial budget is important to prevent overspent.
Conflict:
Conflict is a common theme in project management. Many of these arise
from the conflict between the limited resources (time, money, and people)
available to the project team and the seemingly unlimited requirements
from the customer.
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Project efficiency
Impact on the customer
Business impact on the organization
Opening new opportunities for the future
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Initiate
Plan
Execute
Control
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100
Slow finish
Pattern is slow-
% Project completion
rapid-slow.
Reason: result of
the changing
levels of
resources used
Quick momentum
during the
successive
stages in the life
cycle.
Slow start
0
Time
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Project cost
Time