Project Management Anirudh Reddy Agasti 4/25/2011 CSCI 577b

Project Management Process Initiation Planning and Design Execution Monitoring and Controlling Closing 4/25/2011 CSCI 577b

4/25/2011 CSCI 577b

Initiation Business Needs/Requirements Identifying the Current Operations Identify Stakeholders Project Deliverables 4/25/2011 CSCI 577b

Project Planning Project Goals Project Schedule and Cost Requirements Gathering Prioritization SMART Project Schedule and Cost Calculate Effort, Cost and Resources Required Lay out plan using Templates or MS Project 4/25/2011 CSCI 577b

Project Planning Supporting Plans Human Resources Plan Which role requires how much labor No of employees required Communications Plan With whom we are supposed to keep in contact throughout the project, i.e. on stakeholder sides. Progress Report Having Milestones and a Stakeholder meeting at these milestones Risk Management Plan 4/25/2011 CSCI 577b

Execution 4/25/2011 CSCI 577b

Monitoring and Controlling Measuring the ongoing project activities (where we are?) Monitoring the project variables against the project management plan (where we should be?) Identify corrective actions to address issues and risks properly (How can we get on track again?) How these corrective actions could affect the project? Project Maintenance 4/25/2011 CSCI 577b

Closing Project Archiving Project Close Contract Closure 4/25/2011 CSCI 577b

Earned Value Management Methodology Measuring Project Performance and Progress Measurements of Cost, Schedule and Scope in Single Integrated System Accurate Forecast for Problems Essential features of any EVM implementation include a project plan that identifies work to be accomplished, a valuation of planned work, called Planned Value (PV) or Budgeted Cost of Work Scheduled (BCWS), and pre-defined “earning rules” (also called metrics) to quantify the accomplishment of work, called Earned Value (EV) or Budgeted Cost of Work Performed (BCWP). 4/25/2011 CSCI 577b

Earned Value Management Methodology 4/25/2011 CSCI 577b

Earned Value Management Methodology Define the work – WBS Assign Value – PV Define EV As per each element of work 0/100; 50/50; 25/75; 20/80. Execute according to plan 4/25/2011 CSCI 577b

Tools & Techniques Gantt Chart Logic Network PERT Chart Work Breakdown Structure (WBS) SWOT Analysis Delphi Technique MoSCoW Method 4/25/2011 CSCI 577b

Templates 4/25/2011 CSCI 577b