Project Management Lecturer : Behnam Faizabadi PhD,PMP 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant.

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Project Management Lecturer : Behnam Faizabadi PhD,PMP 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

PM Today – Necessary? Frustration with cost & schedule overruns Frustration with reliability of production estimates Management challenges exist today: o Only 44% of projects are completed on time o On average, projects are 189% over-budget o 70% of completed projects do not perform as expected o 30% of projects are canceled before completion o On average, projects are 222% longer than expected PM has been shown to improve this performance These statistics were compiled by an independent monitoring group, The Standish Group, and represent the US national average for /23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

What is Project MGMT? 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

Who is Accidental PM? Knows technical issues very good Has good network Is a political man Has Parents Praying 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

Who is Professional PM? Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

Project MGMT Simple vs. Complex 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

Project MGMT 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

What can do? Project Management System Competent Project Manager 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

Conclusion Project Management is an exotic cocktail : One tot prophecy, One tot military general, One tot super – hero 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant

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