Welcome class!!! Introductions Instructor ◦ Rizwan Ali Khan (PMP, ITIL, ISO 9001:2000 Internal Auditor, Principal IBM Domino Application Developer) ◦ Masters in Technology Management Georgetown Univ USA ◦ Masters in Project Management University of Wisconsin USA ◦ Graduate Diploma in Technology Leadership UVA USA ◦ Bachelors in Materials Engineering GIKI ◦ 17 years of Industry Experience ◦ Currently Teaching at: ◦ CUST Assistant Professor Introductions Students ◦ Name ◦ Year in college ◦ Any work experience ◦ Future plans ◦ Anything interesting that you would like to share ◦ Expectation from this course! ◦ Your dream vacation place Introduction to Management Mary Parker Follett in 1918 described MANAGEMENT as:
THE ART OF GETTING WORK ACCOMPLISHED THROUGH PEOPLE”
3 Most Important Revolutions in the history of mankind Language Roads Technology History of Organizations The Hudson Bay Company ◦ Idea of 2 Frenchmen ◦ Exclusive rights by the government ◦ Still present in Canada ◦ Started by 32 investors
The Dutch East India Company
◦ Founded in 1602 ◦ Funded Risky long distance trading bw Europe and east Asia ◦ Investors would pool funds to support risky trips ◦ In turn resulted in security markets Management and its relationship with industries The Textile Industry ◦ Early to Mid 19th century
The Railroad Industry
◦ Mid to late 19th century
The Manufacturing Industry
◦ Mid 20th century ◦ Ford (T shape Model) ◦ Pros Simple, Cheap ◦ Cons No flexibility
The Retail and Financial Industry
◦ End of 20th century Why need Project Management Examples of a Project! Project VS. Operational Work Why Initiate a Project Why Initiate a Project What is a Project (certain objectives) What is a project (cont) Project Success! Project Failure! Project Management!!! Goals of Project Management!!! Project Manager! Project Manager! Process Groups, Knowledge Areas and Processes!!! Project and Program Managers Project managers work with project sponsors, project team, and other people involved in a project to meet project goals Program: group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually (PMBOK® Guide, Fifth Edition, 2012) Program managers oversee programs; often act as bosses for project managers Examples of programs in I.T. include networking, application development, infrastructure etc. etc. Program and Project Portfolio Management
A program is “a group of related projects managed in a coordinated
way to obtain benefits and control not available from managing them individually” (PMBOK® Guide, Fifth Edition, 2012)
A program manager provides leadership and direction for the project
managers heading the projects within the program
Examples of common programs in the IT field include infrastructure,
applications development, and user support Project Portfolio Management As part of project portfolio management, organizations group and manage projects and programs as a portfolio of investments that contribute to the entire enterprise’s success Portfolio managers help their organizations make wise investment decisions by helping to select and analyze projects from a strategic perspective Project Management Compared to Project Portfolio Management References Kathy Schwalbe, Information Technology Project Management, Seventh Edition, Course Technology – Cengage Learning, 2013. A Guide to the Project Management Body of Knowledge, Fifth Edition, Project Management Institute, 2013. (PMBOK GUIDE) Questions