Project Management
Explore project management fundamentals, tools, and objectives with Dr. Michael Featherstone's comprehensive text. This online resource delves into definitions, processes, and success factors essential for successful project execution.
Project Management
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Presentation Transcript
Project Management Dr. Michael Featherstone January 2009
Introduction First – a bit about the text. Should be available online… if not, we will order through one of the bookstores.
Introduction Now – Let’s look at the objectives of the course. Learn a bit about project management and how it is differentiated Learn a bit about some of the tools project managers use Have a bit of fun while we’re learning it So let’s start by parsing the term project management.
DEFINITIONS • The capacity to marshal resources • and to lay out plans • and to program work • and to spur effort I like this definition of Management. It’s from the book “Future Management” by Gary Hamel, 2007, Harvard Business School Press
DEFINITIONS • A project may be defined as… • A temporary endeavor undertaken to create a unique product or service. • they are finite • they have a defined beginning and ending • Are these projects? • A wedding event • Building a website • Writing a Masters Thesis • Building a house • A new product launch • Managing an assembly line operation • Designing a new automobile • A college class such as ime380 or ime375
DEFINITIONS • Project Management • The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. • A wedding • Building a website • Writing a Masters Thesis • Building a house • Launching a new product or promotion • Designing a new automobile • A college class
DEFINITIONS • Project Management’s FIVE processes • The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. • Initiating a project • Planning the project • Executing the project/plan • Controlling execution of the project/plan • Closing the project
DEFINITIONS • Project Management’s THREE elements • The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. • Tasks • Resources • Time
DEFINITIONS • Project Management success factors • The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. • On time delivery • Within budget delivery • High quality delivery
This Concludes Today’s Presentation Thank you for your attention