1. Bus 1040- Project Management. Week 3 Overview. Review previous week. See P.Point. H.O. Real life sample? Marking system for 20% Group exercise. Leadership and teamwork. Web CT update http://webct3.gbrownc.on.ca:8600 Terms-review to date Lecturette on Project selection. Financial vs. non financial. Selection, Non financial types-class participation. Lecture on project overview (key, start to finish) Group work. Create Project framework. Review, comments and assignments.

2. Marking system for 20% Participation in group exercises Complete and submit necessary forms, by end of class-with names. Some home work assignments. Present necessary documents. Keep records of your own scores Note deadlines to earn marks.

3. Leadership Teamwork Class form into three groups Meet new people-add to your data base. Choose leader. Discuss conduct rules, Leader and group Select and Plan execution of exercise given Rehearse activity Demonstrate activity to other groups Discuss group dynamics, comm., commit., etc Take away learnings and applications?

4. Terms: review list provided Milestone, benchmark, task, activities, schedule, C.P.M., P.M.I. PMBOK, PMP, Gantt, PERT, Network diagram, stakeholders, Customer, Project team, cross functional, line manager, event, art vs. science, MS Project, Bar charts, Manhattan project, Polaris project, budgets, estimates, Complete as a hand in by week

5. Project selection 1. Non-financial. See handout 2. Financial models (cost/benefit analysis) A. Net present value (N.P.V.) B. Rate of return % C. Payback period- period months/years D. Maximum cash investment $ 3.Weighted method, can use both financial and non financial-review next week.

6. Proposal writing

7. Defining the Project Who is responsible for what? Who has authority? How do we communicate? Answers are the RULES for project

8. Project overview Class group activity Form into teams Receive a portion of project. Post your portion onto the master overview charts Read textbook key points-add to charts Discuss with large group the relationships observed between areas. Groups volunteer suggestions for real life

9. Definition Needs Selection/ Approval CharterStatement of work PurposeScopeDeliverable s Product descript Cost /resource estimates materials Schedule estimates ObjectivesStakeholde rs Organizati on chart Responsibil ity matrix Communic ation matrix Responsibil ity matrix Preliminary Plan Risk manageme nt plan I.D. Strategy Control W.B.S. Diagram Task size. Work packages. Budget Network diagrams. CPM/PERT Cost estimate worksheet Cash flow schedule ExecuteStatus reports Cost tracking Schedule tracking MeetingsOpen task reports Issues logsChange order requests Change logs Close outPostproject Review & Guides Review reporting Client Satisfactio n assess History filePoject summary report Contact Sheets Networkin g

10. Real life applications Group suggestions

11. Review Key learning's Liked Do different

12. Week 4 preview Open ended questions Financial models-calculations Statement work