MITM743 Advanced Project Management
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This advanced project management guide covers PMBOK 4 essentials including project management framework, life cycle phases, and their relationships. It explores project vs program vs portfolio management, key processes, stakeholders, constraints, and enterprise environmental factors.
MITM743 Advanced Project Management
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Presentation Transcript
MITM743Advanced Project Management Dr. Abdul Rahim Ahmad Assoc. Professor College of IT, UNITEN Project Management Body of Knowledge PMBOK 4 (Section1)
Contents • Chapter 1 Introduction • Chapter 2 Project Life Cycle and Organizations
Section 1 – Project Management Framework • 2 chapters • Introduction • Project Life Cycle and Organization
1. Introduction • Purpose of PMBOK Guide • What is a project • What is a project management • Relationship among project management, program management, portfolio management • Project management and operations management • Role of Project manager • PMBOK • Enterprise environmental factors
Why PMBOK • PMBOK – a standard for PM profession • Describes – norms, methods, processes and practices • Contributed by practitioners in PM • Provides guidelines for managing projects
Intro to PMBOK • Gives the the BOK recognized as good practice • Applicable to most projects • Can be applied to most projects • Promotes common vocab • A foundation reference by PMI • Neither complete nor all-inclusive • A guide rather than methodology • Includes global ethics and professional conduct
What is a project • “A temporary endeavour to create a unique product, service or result” • It is not repetitive process that follows existing procedures in an organization • Involves uncertainties • Requires dedicated planning • Can involve a person, an organizational unit or multiple organization unit.
Examples of project .. • Develop new product or service • Effect structure, staffing • Acquire a new or modified information system • Building infrastructure • Implement a business process or procedure
What is project management • Application of knowledge, skills, tools and techniques to project activities • Using PMBOK4, we apply and integrate 42 processes within 5 groups and 9 knowledge areas • Initiating – 2 processes • Planning – 20 processes • Executing– 8 processes • Monitoring and Controlling– 10 processes • Closing– 2 processes
Project management involves • Identify requirements • Stakeholders management • Balancing project constraints in • scope • quality • schedule • budget • Resources • risk • Shortened schedule -> add cost -> add resources ->reduce scope -> reduce quality -> increase risk
Project vs Program vs Portfolio • Project management can be governed by program management and portfolio management
Project vs Program vs Portfolio • Compariron between Project, Program and Prtfolio
Project vs Operations management • Operations -> organizational functions, permanent endavours. • Projects requires Project management. • Operations requires business process management or operations management. • Project can intersect with operations. • Deliverables and knowledge can be transferred between projects and operation.
Enterprise environmental factors • Internal and external. • Come from any or all involved in the project. • Examples of factors: • Culture, structure, processes • Standards • Infrastructure • HR, personnel • Authorization system, marketplace, risk tolerance, political climate, communication channel. • Information system and databases.
Project Life cycle • Understanding broader context so as to align project with goals and culture of the organization • Project structure • Impact on ongoing work • Stakeholders influence • Organizational structure
Overview • Project life cycle • A collection of generally sequential / sometimes overlapping phases • Name and number determined by management • Controls need of the organization, project nature, area of application • Shaped by organization, industry or technology employed • Provides basic framework for managing projects
Structure • Any project involves • Starting • Organizing/preparing • Carrying out • Closing
Characteristics • Cost: low, peak, drop • Staff: low, peak drop • Stakeholder: high to low • Influence ability: high to low
Product vs project life cycle • Product – sequential non-overlapping, determined by manufacturing and control, last cycle is retirement • Project – occur in one or more phases of product life cycle • Example: • A project to add new functions to a product
Phases • Divisions within a project • Mainly sequential but can overlap • A phase is not a process group • Phase structure - segmented into logical subsets
Phase characteristics • For sequential • Phase close • Involves transfer or handoff a work product • A point to reassess the effort and decide • Phase exits, milestone, decision gate, step gate, kill points • A phase has its distinct focus • A project can be single or multiple phases
Phase relationship • Single phase • 3 phase sequential • 2 phase overlapping
Project vs. operational work • Operations • Ongoing • Produce repetitive products, services, results • Project • Temporary • Ending • Both • Performed by individual • Has constraints • Planned, executed, monitored to achieve goal
Stakeholders • Persons or organizations actively involved in the project or can be negatively or positively affected • Exert influence • Internal and external
Project and Stakeholders relationship • Sponsor • Project team • Managers • Customers • Partners • PMO • Other departments • Other stakeholders
Influence of Organization • Culture, style, structure • Maturity and project management systems • External influence
Culture and styles • Norms on how to get things done • Cultures are manifested in: • Shared vision, values, norms, beliefs expectation • Policies, methods procedures • Authority relationship • Work ethic and work hours
Organizational Influence • How organization structure influence projects
Organizational Structures • Functional • Matrix • Weak • Balanced • Strong • Composite • projectized
Organizational process Assets • Process assets from all involved • Formal, informal plans, policies, procedures, guidelines • Organization’s knowledge base
Project Management…. Work Smart Not Hard !!!