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Lecture 19IN

This document provides an outline and details for a project management course. It includes the course learning objectives, marks distribution, syllabus, lesson plan, and tentative teaching plan. It discusses key project management concepts like the definition of a project and project management. It also covers why projects fail or succeed, the triple constraints of project management, and the relationship between projects and programs. The goal of the course is to discuss the role of project management and apply tools to control project activities while illustrating project management knowledge.

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30 views39 pages

Lecture 19IN

This document provides an outline and details for a project management course. It includes the course learning objectives, marks distribution, syllabus, lesson plan, and tentative teaching plan. It discusses key project management concepts like the definition of a project and project management. It also covers why projects fail or succeed, the triple constraints of project management, and the relationship between projects and programs. The goal of the course is to discuss the role of project management and apply tools to control project activities while illustrating project management knowledge.

Uploaded by

timesave240
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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❖ INTRODUCTION

❖ COURSE LEARNING OBJECTIVES


(CLOs)
❖ Marks distribution

❖ Syllabus
OUTLINE
❖ Tentative Teaching Plan (TTP) & Lesson
Plan
❖ Concept of Project & Project
Management
❖ Triple Constraints of Project

❖ Failure and Success of the project


Course Learning Objectives (CLOs)

CLO Description Taxonomy Leading


No. Level to PLOs
DISCUSS the role of project management in
1 C2 11
organizations competitive strategy.

APPLY project management tools in controlling


2 C3 11
the project activities

ILLUSTRATE project management knowledge,


3 processes, lifecycle and the embodied concepts C4 11
in order to achieve project success.
Assessment Methods

Assignment Tests
/Presentati (minimum
on two).

Mid Final
Semester Semester
Examination Examination
(after 08- (after 16-
weeks) weeks)
MARKS DISTRIBUTION

LINK TO DOWNLOAD PROSPECTUS: admissions.muet.edu.pk


SYLLABUS

PROJECT MANAGEMENT
SYLLABUS
LESSON PLAN

PROJECT MANAGEMENT
LESSON PLAN
TENTATIVE TEACHING PLAN

PROJECT MANAGEMENT
TENTATIVE TEACHING PLAN
Learning Objectives
9

✓ What is PROJECT?

✓ What is PROJECT MANAGEMENT?

✓ Difference between PROGRAM.

✓ Triple Constraints of PM.

✓ Importance of PM

9
Project Management
(INM361)

10
What is a project?

A project is a temporary endeavor undertaken to


create a unique product, service, or result.

❖ Temporary endeavor with a definite beginning and end.

❖ The end is reached when


▪ the project’s objectives have been achieved or
▪ when the project is terminated because its objectives will not or cannot be met, or
▪ when the need for the project no longer exists.
What is a project?
Definition – Misconceptions:
❖ Temporary does not necessarily mean short in duration.

❖ Temporary does not generally apply to out put of the project (the product, service,

or result created by the project); most projects are undertaken to create a lasting
outcome. [and lasting impact.]

Definition: “create”:
 A product that can be either a component of another item or an end item in itself,

 A capability to perform a service (e.g., a business function that supports


production or distribution), or
 A result such as an outcome or document (e.g., a research project that develops
knowledge that can be used to determine whether a trend is present or a new
process will benefit society).
What is a project?

Definition – “unique”
❖Every project creates a unique product, service, or result.

❖Although repetitive elements may be present in some project deliverables, this


repetition does not change the fundamental uniqueness of the project work.

❖An ongoing work effort is generally a repetitive process because it follows an


organization’s existing procedures.
What is a Project?

A temporary and one-time endeavor undertaken to create a unique


product or service, which brings about beneficial change or added
value.
A group of milestones or phases, activities or tasks that support an
effort to accomplish something.
What is a Project?

• A collection of linked activities, carried out in an organized


manner with a clearly defined START POINT and END POINT to
achieve some specific results desired to satisfy the needs of the
organization at the current time.
What is a Management?

• Management : is the process of Planning, Organizing, Controlling


and Measuring
What is a Project Management?

• A dynamic process that utilizes the appropriate resources of the


organization in a controlled and structured manner, to achieve
some clearly defined objectives identified as needs.

• It is always conducted within a defined set of constraints.

• Any Process or Means used to track tasks or efforts towards


accomplishing a goal could be considered Project Management
Defining Project
Management

• The application of knowledge, skills, tools and techniques to


project activities to meet project requirements.

• Organizing and managing resources so the project is completed


within defined scope, quality, time and cost constraints.
What does Project Management Entail?

• Planning: is the most critical and gets the least amount of our time.
Beginning with the End in mind - Stephen Covey.
• Organizing: Orderly fashion (Contingent/Prerequisites)
• Controlling: is critical if we are to use our limited resources wisely.
• Measuring: To determine if we accomplished the goal or met the
target?

If you can’t plan it, You can’t do it


If you can’t measure it, you can’t manage it
What does Project Management Entail?

• Project management is a practice of initiating, planning,


executing, controlling and closing the work of team to achieve
specific goals and meet specific success criteria at specified
time.
PM Triple Constraints

• Time

• Cost

• Scope
Manage these or they will
manage you!
Project Scope statement
Why Projects Fail ?
Why Projects Fail

• Weak business case

• Lack of senior management


commitment

• Inadequate project planning


(budget, schedule, scope, etc.)
Why Projects Fail (cont’d)

• Absence of user involvement

• New or unfamiliar technology

• Lack of defined, clear,


or concise requirements
Why Projects Succeed
Why Projects Succeed

1. Sound project management


processes

2. Project tied to the organization’s


business goals

3. Senior management commitment


Why Projects Succeed

4. Good change management

5. Detailed requirements

6. Realistic schedule

7. Good stakeholder relationships


Why Projects Succeed

8. Empowered project manager


9. Skilled and appropriate team
members with defined roles and
responsibilities
10. Availability of funding
What makes this all work?

A good, solid professional project


manager
Why is Project Management used?

• It is necessary to Track or Measure the progress we have achieved


towards a Goal we wish to accomplish.
• We use Project Management to Aid us in Maximizing and
Optimizing our resources to accomplish our goals.
Why is Project Management used?

• Not much. Probably more time is wasted as a consequence of


lack of Project Management tool than is spent to Plan adequately,
Organize, Control effectively and Measure appropriately.
Why is Project Management used?

• Enables us to map out a course of action or work plan


• Helps us to think systematically and thoroughly
• Unique Task
• Specific Objective
• Variety of Resources
• Time bound
Why is Project Management used?

• In built Monitoring/ Sequencing


• Easy and Early identification of Bottlenecks
• Activity based costing
• Identification and Addition of missing and new
activities
• Preempting unnecessary activity/expenditure
• Timely Completion > Assigning tasks
• Reporting
Consequences of not using PMT

•DELAY
•COST
•WASTE OF RESOURCES
•QUALITY
•DISSATISFACTION
•REPUTATION
Relationships B/W Project & Program

A program is defined as a group of related projects managed in a coordinated way to


obtain benefits and control not available from managing them individually.

Key Points:
❖ Programs may include elements of related work outside the scope of the discrete
projects in the program.
❖ A project may or may not be part of a program but a program will always have
projects.
Relationships B/W Project & Program
An Example of a Program :
An example of a program would be a new communications satellite system with
projects for

❖ design of the satellite and of the ground stations,


❖ construction of each,
❖ integration of the system, and
❖ launch of the satellite.

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