1. Project Management

2. “Everything that happens or that can happen in
“Everything that happens or that can happen in a business ought to be the direct result of what the managers have specifically arranged. If the results are good it will be because the judgement of the managers has been good. The complete responsibility for success or failure is with the management.”
Henry Ford

3. Project Management
Principal task of a project team is to set goals that lead to the successful completion of the project and then work to achieve them.

4. Management Techniques
Work Ownership
managers instill in employees an attitude of personal responsibility for seeing a job done properly
Management by Objectives (MBO)
based on employees focusing their efforts on certain goals (rewards are directly tied to progress on goals)
Total Quality Management (TQM)
involves every process, job, and employee in company and emphasizes each is responsible for quality of work

5. Effective Project Management
Planning
Determining what needs to be done in what period of time and by what individual or team element
Directing
Achieving objectives by implementing and carrying out approved plans through others
Controlling
Evaluating what needs to be done, measuring progress, and taking corrective action to achieve objectives
Administrating
Developing and implementing personnel policies and operational procedures necessary for project management

6. Project Management Tools
Budget
predicts the financial needs of the project
includes estimated and actual project expenditures
Schedule
identifies goals, milestones, tasks required for successful completion
analysis tool to track current progress

7. Sample Project Budget

8. Project Schedule

9. Critical Path Method (CPM)
Flow charting method that identifies path that takes maximum time to complete (i.e., critical path)

10. Deadlines Design Alternatives (1/16) Conceptual Design (1/30)
presentation of progress on PDS & conceptual designs
Conceptual Design (1/30)
report/presentation due
Preliminary Design (2/20)