21_posting_-_Project_Mgt

21_posting_-_Project_Mgt - 1 Project Management “A badly...

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Unformatted text preview: 11/17/2011 1 Project Management “A badly planned project will take three times longer than expected – a well planned project only twice as long as expected.” Anonymous 11/17/2011 2 What is a project ? A project is a series of tasks performed sequentially or in parallel aiming to achieve an important goal, and requiring a significant amount of resources and time Examples? 11/17/2011 3 Project Definition • Scope – Clearly defined boundaries – Work breakdown structure (WBS) • Cost/Budget • Time/Schedule • All 3 are inter-related and critical to success! 11/17/2011 4 What is project management? Project management is about the administrative tasks that determine the planning, directing, and controlling of resources in order to meet the scope, cost, and time constraints of the project 3 organization types: project-based functional-based matrix 11/17/2011 5 Project-Based Organization Marketing R&D Operations Project Manager Project Manager Project Managers have more power “Heavy Weight” Project Manager Project 1 Project 2 11/17/2011 6 Functional-Based Organization Marketing manager R&D manager Functional managers have more power Operations manager Project 1 Project 2 Project 3 Project 1 Project 2 Project 1 Project 2 Project 3 Project 4 11/17/2011 7 Matrix Organization Marketing manager R&D manager Project 1 Project 2 Operations manager Project Manager Project Manager “Equal” power between projects and functions 11/17/2011 8 Network Planning Techniques • Program Evaluation & Review Technique (PERT): – Developed to manage the Polaris missile project – Many tasks pushed the boundaries of science & engineering (tasks’ duration = probabilistic) • Critical Path Method (CPM): – Developed to coordinate maintenance projects in the chemical industry – A complex undertaking, but individual tasks are routine (tasks’ duration = deterministic) 09/15/2011 9 Work Breakdown Structure •...
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This note was uploaded on 12/28/2011 for the course SCM 372 taught by Professor Cook during the Fall '11 term at Michigan State University.

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21_posting_-_Project_Mgt - 1 Project Management “A badly...

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