1. Project Management Guy Shtub
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2. Planning and Executing Simple Projects (Task 2G1)
Overview of PM concepts.
Simulation - Tutorial
Hands on X2
Summary
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3. What is a project?
“A project is a temporary endeavor undertaken to create a unique product, service or result.” (PMBOK ®)
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4. What is Project Management?
Project Management is the application of knowledge, skills, tools, and techniques to project activities, in order to meet or exceed stakeholders’ needs and expectations from a project.
Application
Area
Project
Management
Area
The Project
Management
Body of Knowledge
General
Management
Area
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5. The Pain (Task 2F1)
Projects worth trillions are performed around the world
The project management world is dysfunctional
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7. Tel Aviv Metro
(2023)
10B (15B)
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9. IAI Lavi Fighter 1981 – 1986 Cost per plane – 40%
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11. Iron Dome 2005-2009 Politics, funding, goals
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12. Project Management Knowledge Areas (Task 2G1)
1. Integration
2. Scope
3. Time
4. Cost
5. Quality
6. HR
7. Communications
8. Risk
9. Procurement
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13. How difficult it is to manage projects?
"32% of all projects succeeded- delivered on time, on budget, with required features and functions"
"44% were challenged - late, over budget, and/or with less than the required features and functions”
“24% failed - cancelled prior to completion or delivered and never used."
The Standish Group's Report
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14. What is project success?
The Standish Group: “delivered on time, on budget, with required features and functions"
Quality
Scope
Time
Cost
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15. What is project success?
To meet or exceed stakeholders’ needs and expectations from the project.
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16. The PTB Background Current Status
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17. The PTB – What Is It The PTB simulates the entire project life cycle.
The PTB considers Alternatives.
The PTB considers Risks.
The PTB considers Trade- offs.
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18. The PTB and the Project Life Cycle
MS Project
Primavera
Etc.
Implement Solution
Root Cause Analysis
Scenario Builder
Simulator Engine
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19. Start the PTB (Task 3A8, 2F1, 2G1)
Internet Explorer
Browse to
Run It -> Run the PTB Training Simulator
Click “PTB Training Simulator”
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20. Password: hg95hatj User: chamber16 Tutorial
Open: Use Cases/Easy/Easy Radar Development.scn
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21. Assignment 1 Reopen the scenario.
Try to get the best result (deterministic).
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22. Assignment 1 – Results Summary Results Q&A
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23. Key Concepts Stochastic Vs. Deterministic “Best” plan
Time Cost Quality Tradeoff
Resource Management
Risk Management
Critical Path
Monitor and Control
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24. Assignment 2 Open: Use Cases/Medium/Medium Radar Development.scn
Try to get the best result
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25. Assignment 2 – Results “Luck” Monte Carlo Summary Results Q&A
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26. Assignment 3 Open: Use Cases/Medium/Medium Transformation Station.scn
Try to get the best result
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27. Summary, Questions, Discussion
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