1. Diploma in Management & Leadership Level 5 Week- 1 Principles of project management By Anjum Sattar Email anjumsattar@yahoo.com 7-Jun-16 Water Only 1

2. Aims and Objectives. Aim (s) Introduction to project management Explanation of typical life cycle of a project from conception to post project evaluation and reviews The relationship between project and product life cycles, Environmental forces Objective(s ) Learner will be able to….  Define what is meant by project management  Differentiate between product life cycle and project life cycle  Describe role of project manager 7-Jun-16 2

3. Background Knowledge What do we know about Project Management 7-Jun-16 3

4. Project Management Projects are a way of bringing about change. They are used to develop new products and systems, or to alter the physical, social or cultural environment. The word ‘project’ is actually derived from the Latin verb proicere, which means ‘to throw forward’. A project is a leap into the future. Sebastian Nokes said (2003) international standards organization Project as:-“A set of co-ordinated activities, with a specific start and finish, pursuing a specific goal with constraints on time, cost and resources” Baguley Phil (1999) said ‘ A project is a sequence of connected events that are conducted over a defined and limited period of time and are targeted towards generating a unique but well defined outcome.’. 7-Jun-16 4

5. Project Management Barbara Allan (2004) Defined ‘Project management involves using a range of management skills and techniques to successfully carry out a project. The types of activities involved in project management include: Thinking ahead Carrying out research Planning what happens where and when Managing the people and resources Monitoring the project Changing the plan Communicating with people 7-Jun-16 5

6. Types of projects Dennis Lock Gower (2000) Divide project into four major types Construction, civil engineering, petrochemical, mining and quarrying. Project of the manufacturing. Projects of management Projects of research. 7-Jun-16 6

7. What makes a successful project ? Elbeik and Thomas (1998) identified ten key requirements of a successful project. These included, in order of priority: 1. clearly defined objectives 2. good planning and control method 3. good quality of project manager 4. good management support 5. enough time and resources 6. commitment by all 7. high user involvement 8. good communications 9. good project organisation and structure 10. being able to stop a project. 7-Jun-16 7

8. Project life cycle 7-Jun-16 8

9. Product life cycle 7-Jun-16 9

10. Project cycle vs product cycle 7-Jun-16 10

11. Types of project organisation 7-Jun-16 11 There are three main forms of project organisation. 1. Client-centred. The project team is integrated into the client organisation, working for the project on a part-time or informal basis. The project makes use of the organisation’s personnel, expertise and infrastructure. It probably shares the same premises. 2. Project-focused. Here the project team is completely separate. It has its own resources, staff and premises, and communicates through senior management. 3. Matrix project. This is a compromise between the other two positions. Project team members report to a functional manager within the organisation and also to the project manager.

12. Activity 7-Jun-16 12

13. Project manager role The four key aspects of the project manager’s role are: 1. planning, organising and co-ordinating 2. monitoring and controlling 3. leading 4. communicating. 7-Jun-16 13

14. Activity PESTLE 7-Jun-16 14

15. Useful resource to enhance understanding in project appraisal  www.opentuition.com www.opentuition.com  www.accaglobal.com www.accaglobal.com  CMI Unit 5004 book  Youtube.com  Wikispaces.com / bradrc  www.cima.com www.cima.com  ACCA F9 book of Kaplan, BPP 7-Jun-16 15

16. Bibliography Baguley Phil (1999) Project Management, first edition, Page 10, 47 Barbara Allan (2004) Project Management first edition page 9, 48, 49 published by Facet Publishing. Howard Barnett (1996) Operations management second edition, page 18, Published by Macmillan Press Ltd Koontz Harold and Heinz Weihrich (1990) Essentials of Management fifth edition page 392,46,47,5 Published by McGraw-Hill, Inc. 7-Jun-16 16

17. 7-Jun-16 Assignment discussion Summary. Q & A 17

18. 7-Jun-16 Next Session. In Next Session we are going to Learn …… Project methodologies Tuesday 7/3/2012 9:30 – 12:30 18