Quick Tour of Project Management:
Modern Project Management

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Project Life Cycle


Above: (click image to enlarge) A typical project life-cycle. This figure shows the relationship between Level of Effort (y-axis) and…

Definition

1. Goals
2. Specifications
3. Tasks
4. Responsibilities
5. Teams


Planning

1. Schedules
2. Budgets
3. Resources
4. Risks
5. Staffing

Execution

1. Status reports
2. Changes
3. Quality
4. Forecasts

Delivery

1. Train customer
2. Transfer documents
3. Release resources
4. Reassign staff
5. Lessons learned

The Age of Project Management

Modern Project Management is governed by:

  • Corporate downsizing


  • Global competition


  • Knowledge explosion


  • Small projects represent big problems


  • Rapid development of third world and closed economies


  • Increased customer focus


  • Compression of product lifecycle

Integrated Management of Projects

1. Customer

2. Environmental analysis: External / Internal

Firm's mission, goals, strategies --> Priorities

3. Projects

System

  • Scope


  • Work Breakdown


  • Resources


  • Cost

Environment and Culture

  • Organization


  • Leadership


  • Teams


  • Partners

Project implementation

The Technological and Socio-cultural Dimensions of the Project Management Process

Socio-cultural

  • Leadership


  • Problem solving


  • Teamwork


  • Negotiation


  • Politics


  • Customer expectations

Technical

  • Scope


  • WBS


  • Schedules


  • Resource allocation


  • Baseline budgets


  • Status reports

 



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