Class 23 & 24 - AGENDA QUIZ 7 TUES. NOV. 17 PROJECT...

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AGENDA QUIZ 7 TUES. NOV. 17 PROJECT DUE DEC. 3 TEST 3 DEC. 3 PROJECT MANAGEMENT
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þ Single unit þ Many related activities þ Difficult production planning and inventory control þ General purpose equipment þ High labor skills Project Characteristics
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Examples of Projects þ Building Construction þ Research Project
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Management of Projects 1. Planning - goal setting, defining the project, team organization 2. Scheduling - relates people, money, and supplies to specific activities and activities to each other 3. Controlling - monitors resources, costs, quality, and budgets; revises plans and shifts resources to meet time and cost demands
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þ Planning þ Objectives þ Resources þ Work break-down schedule þ Organization þ Scheduling þ Project activities þ þ Network þ Controlling þ Monitor, compare, revise, action Project Management Activities
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Project Planning, Scheduling, and Controlling Figure 3.1 Before Start of project During project Timeline project
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Project Planning, Scheduling, and Controlling Figure 3.1 Before Start of project During project Timeline project
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Project Planning, Scheduling, and Controlling Figure 3.1 Before Start of project During project Timeline project
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Project Planning, Scheduling, and Controlling Figure 3.1 Before Start of project During project Timeline project
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Project Planning, Scheduling, and Controlling Figure 3.1 Before Start of project During project Timeline project Budgets Delayed activities report Slack activities report Time/cost estimates Budgets Engineering diagrams Cash flow charts Material availability details CPM/PERT Gantt charts Milestone charts Cash flow schedules
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þ Establishing objectives þ Defining project þ Creating work breakdown structure þ Determining resources þ Forming organization Project Planning
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þ Often temporary structure þ Uses specialists from entire company þ Headed by project manager þ Coordinates activities þ Monitors schedule and costs þ Permanent structure called ‘matrix organization’ Project Organization
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Project Organization Works Best When 1. Work can be defined with a specific goal and deadline 2. The job is unique or somewhat unfamiliar to the existing organization 3. The work contains complex interrelated tasks requiring specialized skills 4. The project is temporary but critical to the organization 5. The project cuts across
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The Role of the Project Manager Highly visible Responsible for making sure that: þ All necessary activities are finished in order and on time þ The project comes in within budget þ The project meets quality goals þ The people assigned to the project receive motivation, direction, and information
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the Project Manager Highly visible Responsible for making sure that: þ All necessary activities are finished in order and on time þ The project comes in within budget þ The project meets quality goals þ The people assigned to the project receive motivation, direction, and information Project managers should be:
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This note was uploaded on 10/30/2011 for the course BUS 451 taught by Professor Bilbrey during the Spring '11 term at Anderson University SC.

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Class 23 & 24 - AGENDA QUIZ 7 TUES. NOV. 17 PROJECT...

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