Mani Subramanian. What is Project? is a temporary endeavor with a beginning and an end. Delivers Unique Product, Service or result.

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Presentation transcript:

Mani Subramanian

What is Project? is a temporary endeavor with a beginning and an end. Delivers Unique Product, Service or result.

Interesting facts of Projects Only 34 percentage of Projects succeed. 46 Percentage of Projects are Cost over run.

What is Project Management? Did you say? People skills Software

Project Management The application of Knowledge, skills, tool and techniques to project activities to meet the project requirements. It includes 42 Processes - 5 Process Groups - 9 Knowledge Areas Who defines these processes? - PMI (Project Management Institute) -

Project Management is

Project Knowledge Areas Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communication Management Project Risk Management Project Procurement Management

PMI and its Roles Project Management Institute Roles  is one of the world's largest professional membership associations.  Has more than 600k members from 185 countries.  Defines standards for Project, Program and Portfolio managements.

What is Program Management? Is group of related Projects. Helps on  Decreased risk  Economies of scale  Improved Management

What is Portfolio Management? Is group of Programs to achieve specific strategic business goal.

Portfolio, Program, and Project Management Interactions

Project Manager

Role of Project Manager Developing Project Management Plan and all related components Plan, Keeping the project on track in terms of Schedule and budget, Identifying, Monitoring, and responding to risk, and Providing accurate and timely reporting of project metrics.

Project Constraints

What we learned Project, Program and Portfolio Project Management 42 processes overall, classified with 5 Process groups and 9 Knowledge Areas Project Manager responsibilities Project Constraints. PMI (Project Management Institute)

Project is A. It has a beginning and an end. B. Managed by Project Manager. C. Group of Tasks. D. contains 1 or more team members.

Project is A. It has a beginning and an end.

Group of related project is A. Multi-project B. Relational Project. C. Program D. Portfolio

Group of related project is C. Program

How many process groups in Project Management? A. 2 B. 9 C. 5 D. 15

How many process groups in Project Management? C. 5 They are  Initiating  Planning  Executing  Monitoring and Controlling  Closing.

How many Knowledge Areas in Project Management? A. 9 B. 5 C. 1 D. 12

How many Knowledge Areas in Project Management? A. 9

Project Knowledge Areas Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communication Management Project Risk Management Project Procurement Management