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PROJECT
MANAGEMENT
Introduction
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Project management

What is a project?
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What is a Project?
Characteristics of a project
• Unique
• Non repetitive
• Complex
• Highly customized
• Specific start and specific end
• Highly focused and specific
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Introduction
• Examples of projects
• Constructing a building
• Constructing a house
• An election campaign
• Implementing a new performance evaluation system
• Developing a new software
• Developing a new product
• Launching a new product in the market
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Determinants of project success

• Cost

• Time

• Quality

• Client satisfaction
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Determinants of Project Success

Client
Cost Satisfaction
(Budget)

Success

Time Quality
(Schedule) (Performance)
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Project Life Cycle

Man Hours

Conceptualization Planning Execution Termination

Time
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Project life cycle

1. Initiation/ conceptualization
• Needs assessment
• Feasibility study
• Stakeholder analysis
• Business case
• Project charter
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Project life cycle

2. Planning
• Establish business requirements (scope)
• Prepare a WBS
• Establish budget, time schedule, specifications
• Identify and allocate resources
• Obtain management approval
• Establish project organization structure
• Prepare Request For Proposal (RFP)/ RFQ
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Project life cycle

3. Implementation
• Execution of tasks
• Monitoring of cost, quality, risk, time
• Performance measurement
• Communication of status reports
• Contract administration
• Billing and payments
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Project life cycle

4. Closure /termination
• Finishing work including commissioning/ trial runs
• Release of resources
• Project evaluation report
• Closure of contracts
• Release of final payments
• Project sign off