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• Projects are efforts to achieve objectives
•Projects have a start, a middle and an
end
•Thus projects are different from
operational activities which are performed
regularly over time e.g. payroll
•However, there can be some overlap
between project management and
operational management
•There are core skills involved in project
management including identifying and
agreeing on project objectives, scheduling
and estimating
•In addition other issues such as
A temporary and one-time endeavor
undertaken to create a unique product
or service, which brings about beneficial
change or added value
A Project is a temporary, unique and
progressive attempt or endeavor made to
produce some kind of a tangible or intangible
result (a unique product, service, benefit,
competitive advantage, etc.). It usually
includes a series of interrelated tasks that are
planned for execution over a fixed period of
time and within certain requirements and
limitations such as cost, quality, performance,
others.
A single definable purpose, end-item or result. This is usually
specified in terms of cost, schedule and performance
requirements.
Every project is unique. It requires the doing of something
different, something that was not done previously. Even in what
are often called “routine” projects such as home construction, the
variables such as terrain, access, zoning laws, labour market,
public services and local utilities make each project different. A
project is a one-time, once-off activity, never to be repeated
exactly the same way again.
Projects are temporary activities. A project is an ad hoc organization
of staff, material, equipment and facilities that is put together to
accomplish a goal. This goal is within a specific time-frame. Once the
goal is achieved, the organization created for it is disbanded or
sometimes it is reconstituted to begin work on a new goal (project).
Projects cut across organizational lines. Projects always cut across
the regular organizational lines and structures within a firm. They do
this because the project needs to draw from the skills and the talents of
multiple professions and departments within the firm and sometimes
even from other organizations. The complexity of advanced technology
often leads to additional project difficulties, as they create task
interdependencies that may introduce new and unique problems
Projects involve unfamiliarity. Because a project differs from what
was previously done, it also involves unfamiliarity. And oft time a
project also encompasses new technology and, for the organization/firm
undertaking the project, these bring into play significant elements of
uncertainty and risk.
The organization usually has something at stake when undertaking
a project. The unique project “activity” may call for special scrutiny or
effort because failure would jeopardize the organization/firm or its
goals.
A project is the process of working to achieve a goal. During the
process, projects pass through several distinct phases, which form and
are called the project life cycle. The tasks, people, organizations, and
other resources will change as the project moves from one phase to the
next. The organizational structure and the resource expenditures build
with each succeeding phase; peak; and then decline as the project nears
completion.
On any project, you will have a number of project constraints that are competing
for your attention. They are cost, scope, quality, risk, resources, and time.
Cost is the budget approved for the project including all necessary expenses
needed to deliver the project. Within organizations, project managers have to
balance between not running out of money and not underspending because
many projects receive funds or grants that have contract clauses with a “use it
or lose it” approach to project funds. Poorly executed budget plans can result in
a last-minute rush to spend the allocated funds. For virtually all projects, cost is
ultimately a limiting constraint; few projects can go over budget without
eventually requiring a corrective action.
Scope is what the project is trying to achieve. It entails all the work involved in
delivering the project outcomes and the processes used to produce them. It is
the reason and the purpose of the project.
Quality is a combination of the standards and criteria to which the project’s
products must be delivered for them to perform effectively. The product must
perform to provide the functionality expected, solve the identified problem, and
deliver the benefit and value expected. It must also meet other performance
requirements, or service levels, such as availability, reliability, and
maintainability, and have acceptable finish and polish. Quality on a project is
controlled through quality assurance (QA), which is the process of evaluating
overall project performance on a regular basis to provide confidence that the
Risk is defined by potential external events that will have a
negative impact on your project if they occur. Risk refers to the
combination of the probability the event will occur and the
impact on the project if the event occurs. If the combination of
the probability of the occurrence and the impact on the project
is too high, you should identify the potential event as a risk and
put a proactive plan in place to manage the risk.
Resources are required to carry out the project tasks. They can
be people, equipment, facilities, funding, or anything else
capable of definition (usually other than labor) required for the
completion of a project activity.
Time is defined as the time to complete the project. Time is
often the most frequent project oversight in developing projects.
This is reflected in missed deadlines and incomplete
deliverables. Proper control of the schedule requires the careful
identification of tasks to be performed and accurate estimations
of their durations, the sequence in which they are going to be
done, and how people and other resources are to be allocated.
Any schedule should take into account vacations and holidays.
The term “triple constraint,” which traditionally consisted of only time,
cost, and scope. These are the primary competing project constraints
that you have to be most aware of. The triple constraint is illustrated in
the form of a triangle to visualize the project work and see the
relationship between the scope/quality, schedule/time, and
cost/resource
Time
Cost
Scope
Leadership by example
Visionary Sets bad example
Technically competent Not self-assured
Decisive Lacks technical expertise
Good communicator
Good motivator Poor communicator
Stands up to upper
management when Poor motivator
necessary
Supports team members
Encourages new ideas
The very first thing you learn in
project management is..
There are many factors that need to be understood within your project environment. At
one level, you need to think in terms of the cultural and social
environments (i.e., people, demographics, and education). The international and
political environment is where you need to understand about different countries’
cultural influences. Then we move to the physical environment; here we think about
time zones. Think about different countries and how differently your project will be
executed whether it is just in your country or if it involves an international project team
that is distributed throughout the world in five different countries.