Project Management - Kanishka Wahidi by hcj

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									PROJECT MANAGEMENT
    WHAT DO U THINK………..?
 1. Launch a new product. Project/Functional
 2. Manage a research unit. Project/Functional
 3. Conduct an appraisal. Project/Functional
 4. Raise £50,000 in sponsorship. project/Functional
 5. Sell Company services. Project/Functional
 6. Review existing procedures. Project/Functional
 7. Administrate Theatre Company. Project/Functional
 8. Supervise the office Project/Functional
 9. Build a house. Project/Functional
 10. Write a book. Project/Functional
HOW DOES PROJECT EMERGE?

                     An idea
 Driven by a Need,
 A desire for innovation and creativity
DEFINITION

 Project is a sequence of unique,
 complex and connected activities
 having one goal or purpose and that
 must be completed by a specific time,
 within budget, and according to
 specification.
DEFINITION (CONT’D)….

   SEQUENCE OF ACTIVITIES
    A project comprises a number of activities that
    must be completed in some specified order.

   The sequencing is based on technical or best
    practice requirements, not on management
    prerogatives.
DEFINITION (CONT’D)….

 UNIQUENESS
  Every project has some elements that are
  unique.
  No two construction or R&D
  projects are precisely alike.
 The presence of repetitive elements does not
  change the fundamental uniqueness of the
  project work.
DEFINITION (CONT’D)….

   COMPLEX ACTIVITIES

    The activities that comprise the project are
    relatively complex. That is, they are not simple,
    repetitive acts, such as mowing the lawn or car
    washing.
DEFINITION (CONT’D)….

   CONNECTED ACTIVITIES

  Connectedness follows the fact that the output
  from one activity is input to another.
e.g. we must design the computer program
  before we can program it.
DEFINITION (CONT’D)….
   ONE GOAL

    Project must have a single goal as compared to a
    program, which can have many goals.


   SPECIFIED TIME

    Projects have a specified completion date. This may be
    self-implemented by management or externally
    specified (as by a customer).
DEFINITION (CONT’D)….

 WIHTIN BUDGET

 Projects also have resource limits, such as a
 limited amount of people, money, machines
 that are dedicated to the project. While these
 may be adjusted up or down by management,
 they are considered fixed resources to the
 project managers.
PROJECT SPECIFICATION


   Project may be self implemented or
    customer specified. E.g.
    construction of house by the
    contractor (can be both)
PROJECT CAN ALSO BE DEFINED AS…..
   All those activities that have start and end,
    objective and constraints are known as project.
                         OR
•   A project is a one shot, time limited, goal directed and
    requiring the commitment of varied skill and resources.

                         OR
•   A project is a temporary endeavor undertaken to create a
    unique product, service or a result.
SOME THING INTERESTING….



  A project is an
  old concept and
  new approach.
SOLUTION
 1. Launch a new product. Project
 2. Manage a research unit. Functional
 3. Conduct an appraisal. Functional
 4. Raise £50,000 in sponsorship. Project
 5. Sell Company services. Functional
 6. Review existing procedures. Project
 7. Administrate Theatre Company. Functional
 8. Supervise the office. Functional
 9. Build a house. Project
 10. Write a book. Project
CHARACTERISTICS OF A PROJECT..

1.Goal and Objectives
2.Life span
3.Teamwork
4.Unique
5.Constraints
6.RISK and uncertainty
KINDS OF PROJECT (COST, QUALITY, TIME)



 Normal project
 Crash project

 Disaster project
KINDS OF PROJECT (COST, QUALITY, TIME)

1. Normal project
   Completion of project within given time, given cost and
   up to the satisfaction Level.

2. Crash project
   Time and cost can overlap but no compromise on quality

3. Disaster project
   Overlap in time and cost but compromise on quality as
   well.
PROJECT PARAMETERS

  Four constraints operate on every project.
 Scope

 Cost

 Time

 Resources
PROJECT PARAMETERS (CONT’D)
 Scope : It is a statement that defines the
  boundaries of the project. It tells not only what
  will be done but also what will not be done.
 for information industry its referred to
  functional specification, in engineering
  profession: its called statement of work. Scope
  may be referred to as a document of
  understanding, a scoping statement, a project
  initiation statement, and a project request
  form…..
PROJECT PARAMETERS (CONT’D)

   Cost : The dollar cost of doing the project is
    another variable that defines the project
    ( preparation of budget).
PROJECT PARAMETERS (CONT’D)

 Time: the customer specifies a time frame or
  deadline date within which the project must be
  completed. (to a certain extent time and cost
  are inversely related).
 Resources: resources are assets, such as
  people, equipment, physical facilities or
  inventory.
PROJECT PARAMETERS (CONT’D)
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      Cost                Time

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               Scope

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              Resources

								
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