Dr. Michael Featherstone January 2009 Project Management

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. 1.Learn a bit about project management and how it is differentiated 2.Learn a bit about some of the tools project managers use 3.Have a bit of fun while we’re learning it So let’s start by parsing the term project management.

DEFINITIONS I like this definition of Management. It’s from the book “Future Management” by Gary Hamel, 2007, Harvard Business School Press The capacity to marshal resources and to lay out plans and to program work and to spur effort

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

Thank you for your attention This Concludes Today’s Presentation