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PROJECT MANAGEMENT INTRODUCTION
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This presentation is copyright © 2013 by POeT Solvers Limited. All rights reserved.
This presentation is protected by the Nigerian Copyright law and may not be reproduced, distributed, transmitted, displayed, published or
broadcast without the prior written permission of POeT Solvers Limited. You may not alter or remove any trademark, copyright or other
notices. PMP®, CAPM®, PMI®, PMBOK® Guide are registered marks of Project Management Institute, Inc.
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At the end of this training, our goal is for you to:
• Be able to explain what “PMBOK” stands for in PMBOK® guide
• Be able to argue that PMBOK® guide is not a methodology but a framework
• Be able to describe the difference between Project and Operations,
Program management, Portfolio management and Project Management Office
• Be able to name six competing project constraints
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PMBOK® Guide
Project Management Body Of Knowledge
Guide
It represents an attempt to document all the knowledge about
Project Management
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Not a PM Methodology
“This standard is a guide rather than a methodology. One can use different methodologies and tools to implement the framework”
It represents a high level framework of the total knowledge of the “Art”
of Project Management.
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Project
A project is a temporary endeavor undertaken to create a unique product service or result
This definition is a pmi-ism, which means a definition or term that is specific to the PMBOK® Guide,
the PMI® or the PMP® examination
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Definition of a Project Temporary Clear beginning and end Unique New, never been done before Product, Not all project outputs can be touched Service or Result
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Why we undertake projects
Document
Organizational Needs
Technological Advancements
Market Demands
Customer Requests
Legal Requirements
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Implementing the vision
Vision Project Reality
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Project vs. Operation
Projects complete an objective, then cease to exist
Operations continue indefinitely and sustain the core business
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Project Management The application of knowledge, skills, tools and techniques to project activities to meet the project requirements
How to apply? Customize and tailor the tools to needs
Apply the appropriate and necessary parts of the knowledge and methodology to projects, where appropriate
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Two essential terms
Progressive elaboration and Rolling wave planning
Traits of
Projects
Step by Step
Add detail
overtime
Begin Board
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Project Execution
Project Management is accomplished through the application and integration of the project management processes of initiating, planning, executing, monitoring & controlling and closing
Identify Establish Address Balance
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Constraints
Triple
Constraints
Competing Project
Constraints
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Competing Project Constraints
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Areas of expertise
Project management body of knowledge
Application knowledge, standards & regulations
Understanding the project environment
Management knowledge and Skills
Interpersonal Skills
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Application Area Knowledge
• Functional departments
• Technical elements
• Management specialization
• Industry groups
• You may or may not have these on your projects
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Application Area Knowledge
Cultural
International
Social
Political
Physical
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General Management
Planning
Controlling
Executing
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Supporting Areas
Accounting Health and Safety Distribution Contracting Purchasing
Sales Manufacturing Planning HR IT
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Interpersonal Skills
Communication
Negotiation
Motivation
Problem Solving
Influence
Leadership
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The whole context
Portfolio management
Program Management
Program Management Office
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Portfolio
It is a collection of projects or programs and other work that are grouped together to facilitate effective management of that
work to meet strategic business objectives. The projects or programs of a portfolio may not necessarily be
interdependent or directly related
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Program
A group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
Programs may include elements of related work outside of the scope of the discrete projects in the program
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Project Management Office
An organizational body or entity assigned various responsibilities related to the coordinated management of the programs
under its domain. The responsibilities of a PMO can range from providing project
management support functions to actually being responsible for the direct management of a project.
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Project Management Functions
Training
Resource Coordination
Methodology
Document Repository
PM oversight Standards
Career Management