BUS 1040

Project Management 1040 Bus Week 6. Feb. 7, 2003. Agenda

8.30-8.40 Housekeeping

8.40-8.45 Review new web sources for industry specific projects

8.45-9.15 Complete Data base exercise

Complete Project Template that was provided in Week 5

9.15-9.45 Form groups of 5 for Final Group Assignment. Wk 9-12

Review selection, marking and other criteria.

Break 15

10.00-11.30

Mid term test review

BUS 1040

Group activity and assignments markingWeek Mar

k

1 Group/Names 1

2 Project selection 1

3 Model build 1

3-4 Trade Centre groups

1

3-4 Negotiations 1

4-5 Pot of tea. WBS 1

5 Terms/definitions 2

4-5 Data base group 1

5 WBS Quiz 1

BUS 1040

Test review-sources of the test material:

Verzuh readingsPowerPointsGroup exercisesMovie on project managementClass web sites: e.g.Your questions answered page. YAQ.

BUS 1040

Ho is the Mid term structured

10 True and False – 20 marks 15 Multiple choice – 30 marks 5 Short answer – 20 marks 3 long answer – 30 marks

Total 100. Worth 20% of term mark.

BUS 1040

Terms, acronyms and definitions

1. P.M.I., PMBOK, C.P.M., C.P.A., P.E.R.T. method2. Project industry, trends. Reasons, benefits3. Types of organizations and their effect on P.M.4. Project managers roles and abilities5. Project definition, 5 success factors. 6. Various stakeholders and their roles.7. Project selection reasons and methods8. Strategic factors9. Documentation: Charter, S.O.W., matrixs’s and how to

complete them related to a project10. The WBS and related documents incl. predecessors11. Estimating methods 12. Trade offs between time, cost and quality

BUS 1040

Management and trends.

Level of expertise Operations vs projects Acceptance of project management Certification and standards

BUS 1040

Statement of Work

Purpose, forms, input S.M.A.R.T. formula for goal setting Impact on what other documents?

BUS 1040

Review related to group work.

Communication-methods and criteria-using discussions in Week 6 class as a reminder

The definition stage-learnings from your group work on the model buildPlanning, the reasons for it and the benefits

Relationship of project to other departments, managers. team members – use your World Trade Tower meetingsas a reminder

Risk management: I.D., Probability, Impact and methods of dealing with risk. Review Verzuh readings-use Week 6class discussions as a reminder.