Effective Project Management: Traditional, Agile, Extreme

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Presentation transcript:

Effective Project Management: Traditional, Agile, Extreme Managing Complexity in the Face of Uncertainty Ch01: What Is a Project? Presented by (facilitator name)

Ch01: What is a Project? Summary of Chapter 1 Defining a project An intuitive view of the project landscape Defining a program Defining a portfolio The enterprise level Understanding the scope triangle The importance of classifying projects The contemporary project environment Explain how each of these contributes to the growing importance of project management in the business world.

Ch01: What is a Project? Defining a Project A project is a sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget, and according to specification. Activity A Activity C Activity B Activity D Activity E Project duration. How long does it have to be to be considered a project versus a “to do” or a task. 80 hours labor and two weeks duration is typical to be considered a project. Business value should be part of the definition. What’s missing from this definition?

Ch01: What is a Project? A Business-focused Definition of a Project A project is a sequence of finite dependent activities whose successful completion results in the delivery of the expected business value that validated doing the project.

Ch01: What Is a Project? An Intuitive View of the Project Landscape Figure 01-01

Ch01: What Is a Project? Defining a Program A program is a collection of related projects that share a common goal or purpose. Program 1 Program 2 Project C Project E Project A Project D Project B

Ch01: What Is a Project? Defining a Portfolio A portfolio is a collection of projects that share some common link to one another. For example: Same business unit New product development projects R & D projects Maintenance projects Process improvement projects Staffed from the same resource pool Same budget

Resource Availability Ch01: What Is a Project? The Scope Triangle is a System in Balance The Scope Triangle is a system in balance. The lengths of the three sides exactly bound scope and quality. Change in the variables will cause the system to be out of balance. Scope and Quality Time Cost Resource Availability Figure 01-02

Ch01: What Is a Project? Prioritizing the Scope Triangle Figure01-03

Ch01: What Is a Project? Applying the Scope Triangle The scope triangle can be used: To build a problem resolution strategy For scope change impact analysis

Ch01: What Is a Project? Project Classification To adopt a “one size fits all” approach to every project is just asking for trouble. Your approach to managing any project must adapt to the characteristics of the project. A classification rule can help you choose that approach

Ch01: What Is a Project? Classification by Project Characteristics Risk Business Value Duration Complexity Technology used Number of departments affected Cost

Ch01: What Is a Project? Example Project Classes and Definitions CLASS DURATION RISK COMPLEXITY TECHNOLOGY LIKELIHOOD OF PROBLEMS Type A > 18 months High Breakthrough Certain Type B 9-18 months Medium Current Likely Type C 3-9 months Low Best of Breed Unlikely Type D < 3 months Very Low Practical Few Table 01-01

Ch01: What Is a Project? Classification by Project Application Installing software Recruiting and hiring Setting up a hardware system in a field office Soliciting, evaluating, and selecting vendors Updating a corporate procedure Developing application systems

Ch01: What Is a Project? Required and Optional Processes Project Management Process Project Classification IV III II I Define Conditions of Satisfaction R O Project Overview Statement Approval of Request Plan Conduct Planning Session Prepare Project Proposal Approval of Proposal Launch Kick-Off Meeting Task Schedule Resource Assignments Statements of Work Monitor/Control Status Reporting Project Team Meetings Approval of Deliverables Close Post-implementation Audit Project Notebook R = Required O = Optional Figure 01-04

Ch01: What Is a Project? The Contemporary Project Environment High Speed High Change Lower Cost Increasing Levels of Complexity More Uncertainty

Ch01: What Is a Project? Class Exercise #1 Read the Case Study and Form Teams Pizza Delivered Quickly (PDQ) has fallen on hard times and needs your help to survive. Read the Case Study and be prepared to ask questions for clarification. Once the case study has been clarified, teams will be chosen. Teams will work on the same case study but independently of each other. Team size should be between 4-6.