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Unformatted text preview: MIT OpenCourseWare http://ocw.mit.edu 1.040 Project Management Spring 2009 For information about citing these materials or our Terms of Use, visit: http://ocw.mit.edu/terms. 1.040/1.401 1.040/1.401 Project Management Spring 2009 Course Introduction Part II Fred Moavenzadeh Department of Civil and Environmental Engineering Department Massachusetts Institute of Technology Project Project Characteristics 1. Temporary means that any project will have a start dates and an Temporary end date (but it has nothing to do with short duration). end 2. Projects differ from operations, because operations are Projects continuous and repeating (projects are temporary), and operations deliver the same or almost the same results (project results are in contrast to unique). results A temporary piece of work with a finite end date undertaken to temporary create a unique product or service. Projects bring form or function to ideas or need. function Planning, execution and controlling of project is the primary Planning, field of project management. field 3. 4. Project Management Project Definitions: Definitions: Project Management: the applications of knowledge, skills, Project tools and techniques to project activities to meet project requirements. Source: PMI Project Management: the planning, monitoring and control of Project all aspects of the project. AND the motivation of all those involved in it to achieve the project objectives on time and cost, quality and performance. Source: PRINCE 2 Project Management is the complete set of tasks, techniques, Project tools, applied during Project Execution. Notable Projects Notable 1. Manhattan Project: Development of the first nuclear Manhattan weapon weapon Polaris missile project: an ICBM control system Human Genome Project: To map the human genome Project Apollo: Landing a man on the moon Channel Tunnel Project Central Artery Project 2. 3. 4. 5. 6. Enterprise Project Management (EPM) Enterprise Up to nineties focus was on the management of single projects Up Currently the emphasis is on management of multiple projects Currently within an enterprise Ability to manage, monitor and assess the status of all projects, Ability through a set of EPM processes, methods and application packages Project Management Office (PMO): Increasingly uses Project Project Management Software (Outsourced, or developed in house) to support EPM. Portfolio Project Management (PPM) Portfolio Tracks the existing set of projects, but it also creates a portfolio of existing Tracks and future projects. It manages this portfolio per: It Budget size Budget Calendar Year Calendar Budget Year Budget Business Line Business Geographic Distribution Geographic It recommends which ones to keep and which ones to discard It discard It is similar to portfolio of stocks or bonds It By creating various scenarios it recommends what portfolio is most By optimal (for a certain year, business, budget, region, etc.) budget, etc.) Software required are rather complex, because they have to take into Software account “enterprise – wide” network administration, e.g. Microsoft, EPM solution: “cps” and “iPlan” Project Management Software Project Management Primarily in control of 1. 2. 3. Time Cost Quality Quality Cost or Scope Time Resource Management Human Cost Quality Time Finance Time Software Software Categories Include: Scheduling Cost control & Budget Management Resource Allocation Communication Quality Management Documentation or Administration Systems Scheduling Scheduling Events which depend on one another in different ways or Events dependencies Scheduling people to work on, and resources required by, the Scheduling various tasks commonly termed resource scheduling Dealing with uncertainties in the estimates of the duration of Dealing each task Arranging tasks to meet various deadlines Arranging Juggling multiple projects simultaneously to meet a variety of Juggling requirements Project Management Software Project Desktop Desktop Web-based Web Desktop Desktop Programs run on a desktop for each user Programs Provides most responsive and graphically intense style of interface Provides Data are stored: either in a file (with ability to collaborate with others), or Data Stored in central database Stored database Web-based Web Can be accessed from any type of computer without installing software Can tware Ease of access-control Ease Naturally multi-user Naturally Only one software version and installation to maintain Only Typically slower to respond than desktop applications Typically More limited graphical capability than desktop applications More Porject information not available when the user (or server) is offline Porject Some packages do allow the user to go “offline” Some Providing Information Providing Project planning software needs to provide a lot of information Project to various people, to justify the time spent using it. Typical requirements might include: Task lists for people, and allocation schedules for resources Task Overview information on how long tasks will take to complete Overview Early warning of any risks to the project Early Information on workload, for planning holidays Information Evidence Evidence Historical information on how projects have progressed, and in particular, Historical projects articular, how actual and planned performances are related. how Sequential Process Sequential Feasibility Initiation Stage Design Planning Development & Monitoring Closeout Completion Operations Organization Framework The Organization Framework, Concepts & Tools Tools Managing the Construction Process Project Organization Project Planning Project Monitoring Project Control Project Learning •Project Economics •Delivery Systems •Contractual Organization •Organizational Breakdown Structure •Project Development •Teams •CPM •PDM •PERT •GERT/Q-GERT •STROBOSCOPE •DPM •Critical Chain •Resource Loading •Earned Value Analysis •Quality Assurance •Risk Monitoring and Management •Conflict Management •Earned Value Analysis •Project Crashing •Process Simulation •Systems Simulation •Project Reviews •Project Audits •Project Closeout •System Dynamics Unified Process Unified 1. Inception – Identify the initial scope of the project, a potential Inception Identify architecture for the system and obtain initial project funding and stakeholder acceptance. and Elaboration – Complete the architecture of the system. Elaboration Construction - Build a working system which meets the Construction Build expectation of project stakeholders. expectation Transition – Validate and deploy the system into the Transition Validate production environment. production 2. 3. 4. ...
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