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1 www.pmtutor.org Powered by POeT Solvers Limited PROJECT MANAGEMENT INTRODUCTION

PROJECT MANAGEMENT INTRODUCTION - PMTUTOR€¦ ·  · 2014-03-16the PMI® or the PMP® examination . ... Project Management The application of knowledge, ... responsible for the

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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