1. Project Management
Anirudh Reddy Agasti
4/25/2011
CSCI 577b

2. Project Management Process
Initiation
Planning and Design
Execution
Monitoring and Controlling
Closing
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3. 4/25/2011
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4. Initiation Business Needs/Requirements
Identifying the Current Operations
Identify Stakeholders
Project Deliverables
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5. Project Planning Project Goals Project Schedule and Cost
Requirements Gathering
Prioritization
SMART
Project Schedule and Cost
Calculate Effort, Cost and Resources Required
Lay out plan using Templates or MS Project
4/25/2011
CSCI 577b

6. Project Planning Supporting Plans Human Resources Plan
Which role requires how much labor
No of employees required
Communications Plan
With whom we are supposed to keep in contact throughout the project, i.e. on stakeholder sides.
Progress Report
Having Milestones and a Stakeholder meeting at these milestones
Risk Management Plan
4/25/2011
CSCI 577b

7. Execution
4/25/2011
CSCI 577b

8. Monitoring and Controlling
Measuring the ongoing project activities (where we are?)
Monitoring the project variables against the project management plan (where we should be?)
Identify corrective actions to address issues and risks properly (How can we get on track again?)
How these corrective actions could affect the project?
Project Maintenance
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CSCI 577b

9. Closing Project Archiving Project Close Contract Closure 4/25/2011
CSCI 577b

10. Earned Value Management Methodology
Measuring Project Performance and Progress
Measurements of Cost, Schedule and Scope in Single Integrated System
Accurate Forecast for Problems
Essential features of any EVM implementation include
a project plan that identifies work to be accomplished,
a valuation of planned work, called Planned Value (PV) or Budgeted Cost of Work Scheduled (BCWS), and
pre-defined “earning rules” (also called metrics) to quantify the accomplishment of work, called Earned Value (EV) or Budgeted Cost of Work Performed (BCWP).
4/25/2011
CSCI 577b

11. Earned Value Management Methodology
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12. Earned Value Management Methodology
Define the work – WBS
Assign Value – PV
Define EV
As per each element of work
0/100; 50/50; 25/75; 20/80.
Execute according to plan
4/25/2011
CSCI 577b

13. Tools & Techniques Gantt Chart Logic Network PERT Chart
Work Breakdown Structure (WBS)
SWOT Analysis
Delphi Technique
MoSCoW Method
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14. Templates
4/25/2011
CSCI 577b