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Unit I: Fundamentals of Project Management (06 Hrs.)
1. Basics of Project Management and its life cycle.
2. Definition of Project, The Project Life Cycle, Definition of project
management, Need of Project management,
3. Project Management process and its importance, The Project Manager
(PM),
4. Phases of Project Management Life Cycle, Project Management
Processes,
5. Impact of Delays in Project Completions, Essentials of Project
Management Philosophy,
6. Project Management Principles.
Who is a Project Manager?
A project manager is the leader of a project.
Project managers must ensure what is the situation of a project right now and when they
have to submit that in a given deadline. They look at offering a project without flaws. They
handle all projects from initiation to delivery.
The Project Manager (PM)
It’s possible to make up time by working faster or rearranging the work sequence
Excusable or non-excusable
• Excusable delays: Delay caused by the client, e.g. the owner
denies access to the site or Delay caused by strike, fire,
unusual weather etc.
• Non-excusable delays: Delays caused by the sub-
/contractor, e.g. not enough manpower on site to complete
the job in time.
Impact of Delays in Project Completions
Concurrent delays:
• Two or more delay events occur at the same time or overlap
to some degree.
• At least one of the delays has to be caused by the
contractor and one by client.
Non-Concurrent delays:
• Delays do not overlap.
• The client’s failure to provide to coordinate several prime
contractors
• The client’s failure to provide adequate access to the project
• Change orders placed by the client
• Any interference by the client
• Delays caused by a third party under the control of the client
Impact of Delays in Project Completions
The claim depends on the cause of the delay, which must be identified.
Therefore the responsibility is being clarified.
Possible Claims:
• Time extensions (for the contactor)
• Financial compensations (for client and contractor)
For the client:
• Delay in use of project
• Capital is blocked
• Escalation (Increase) in subsequent investment
For the contractor:
• Delay in getting profit
• Idle of resources (machines, workers, etc.)
• Productivity loss due to uncontracted work period
How to avoids Delays in Project Completions
• Identifying the cause that led to the delay
• Providing enough financial resources
• Competent project management
• Resource availability
• Frequent progress meetings
• Choosing the right (experienced) consultants,
• suppliers and contractors
• Accur ate cost estimation, etc.
How to avoids Delays in Project Completions
• Identifying the cause that led to the delay
• Providing enough financial resources
• Competent project management
• Resource availability
• Frequent progress meetings
• Choosing the right (experienced) consultants,
• suppliers and contractors
• Accur ate cost estimation, etc.
Essentials of Project Management Philosophy.