Lecture4 - Project Management CHAPTER OBJECTIVES...

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Project Management
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CHAPTER OBJECTIVES Demonstrate that project management involves both people skills to coordinate and motivate individuals from a range of disciplines and technical skills to properly plan and schedule a project. Explain the role of the project manager in organizing and coordinating all activities performed in a project. Introduce critical path scheduling as a tool for identifying activities that require immediate attention. Identify the time–cost trade-offs involved in expediting the completion of a project. Discuss some of the criticisms often associated with project management techniques. 5–2
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Definition of Project Management Project Series of related jobs or tasks focused on the  completion of an overall objective. Statement of Work (SOW) Objectives, tasks, schedule, performance measures Project Management Planning, directing, and controlling resources to meet  the technical, cost, and time constraints of the project. Program Synonym for a large project, although it also can  consist of several interrelated projects. 5–3
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Project Management: Key Terms Task (Activity) A subdivision of a project perform by one group or  organization. Subtask Used to break a project into more meaningful pieces. Work Package A group of activities combined to be assignable to a  single organizational unit. Milestones Specific events to be reached at points in time. 5–4
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Management of Projects 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 5–5
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Planning Planning Objectives Objectives Resources Resources Work break-down Work break-down schedule schedule Team Organization Team Organization Scheduling Scheduling Project activities Project activities Start & end times Start & end times Network Network Controlling Monitor, compare, revise, action Project Management Activities Project Management Activities 5–6
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Project Planning, Scheduling, and Project Planning, Scheduling, and Controlling Controlling Before Before Start of project Start of project During During project Timeline project project 5–7
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Project Planning, Scheduling, and Project Planning, Scheduling, and Controlling Controlling Before Before Start of project Start of project During During project project Timeline Timeline project project 5–8
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Project Planning, Scheduling, and Project Planning, Scheduling, and Controlling Controlling Before Before Start of project Start of project During During project project Timeline Timeline project project 5–9
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Project Planning, Scheduling, and Project Planning, Scheduling, and Controlling Controlling Before Before Start of project Start of project During During project project Timeline Timeline project project 5– 10 10
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