1. March 9, 2011 Project Management Concepts

2. What Well Do Today What is a project? What is a project manager? What does a project manager do? Who are stakeholders? How do you know when a project is successful?

3. Baking a Wedding Cake You are asked by the mother of the bride if you would make sure the cake gets made and delivered for her daughters wedding reception. You dont bake; your knowledge of the kitchen is limited to heating food in the microwave and brewing a pot of coffee. But youre a good sport and agree to take on the responsibility.

4. Baking a Wedding Cake (cont) Who is the sponsor? Who is the project manager? What does the project manager need to do? Who are the stakeholders? How do you know when the project is successful?

5. Project A project is an organized set of activities to reach a measurable outcome within a specified duration. Defining a specific project is a process of selection and reduction of the ideas and perspectives of those involved into a set of clearly defined objectives, key success criteria and evaluated risks.

6. What is a Project Manager? A project manager is the person with overall responsibility for managing and controlling the project activities (defined and undefined) to achieve a measurable outcome within a specified duration and budget. Who does the project manager work for? Is that person the same the project managers boss?

7. What does a project manager do? A project manager needs to oversee the processes of initiating, planning, executing, monitoring & controlling and closing a project. Is that all? :- ) … believe me, thats enough!

8. What does a project manager do? (cont) A project manager needs also needs to be knowledgeable of the following: Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management

9. Who are stakeholders? Stakeholders are individuals and organizations interested in the project. Some key stakeholders are: Management (e.g. your boss) Sponsor Project Team Customers Individuals with veto power, e.g. government regulators

10. How do you know when a project is successful? Every project has constraints. The primary ones are the trade off between Time, Resources and Performance Criteria. A successful project meets or exceeds performance criteria on time and using allocated resources.

11. Some Things to Consider Project Charter Statement of Work Communications Plan Risk Assessment Project Management Tools