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Project Management. Projects „Unique, one-time operations designed to accomplish a specific set of objectives in a limited time frame.”

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Presentation on theme: "Project Management. Projects „Unique, one-time operations designed to accomplish a specific set of objectives in a limited time frame.”"— Presentation transcript:

1 Project Management

2 Projects „Unique, one-time operations designed to accomplish a specific set of objectives in a limited time frame.”

3 Processes in an organization Usual business processes Projects Changes & Uncertainty Routines & regular tasks

4 Main characteristics of projects Uniqe set of tasks and processes Narrow focus, specific performance objectives The end of the project is definite: –Limited time-frame –Objectives reached or –it is proven, that objectives cannot be reached anymore Budget is limited It can be planned It is always risky

5 Project management Project management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives. Project-like management: managing non- project processes as projects

6 Project Manager (Stevenson) Responsible for: Work (tasks)Quality Human ResourcesTime CommunicationsCosts

7 Other roles in the project Project-coordinator: negotiate with the functional leaders, report to the project manager Project champion: strong person who promotes and supports the project Projectmanagement-team members Project-workers: deliver the tasks

8 Project Life Cycle (Stevenson) Concept Feasibility Planning Execution Termination Management

9 Project life cycle

10

11 Cost of changing in the life cycle Planning, preparation Definintion Implementation, execution Closing the project Time Costs Influence of the stakeholders Cost of changing

12 Project-management tools

13 Problem tree diagram A problem tree is a problem analysis tool that illustrates the cause and effect relationship of problems using a hierarchical tree diagram. by arranging the problem statements in hierarchical order and depicting the problem statements in a boxed article.

14 Problem-tree

15 Fishbone (Ishikawa) diagram A Fishbone Diagram is a problem analysis tool that illustrates the cause and effect relationships of problems and is often use in the quality management discipline.

16 Objective tree An objective tree is an objective formulation tool that depicts graphically the hierarchy of objectives. It is formulated by initially inverting the statements found in the problem tree (often used in tandem).

17 Logical Framework Matrix Pre-conditions 4. Activities (inputs) 3. Outputs (results) 2. Immediate objective 1. Startegic goal 4. Risks and assumptions 3. Means of verifi- cation2. Indicators 1. Objectives- structure

18 Work Breakdown Structure a tool used to define and group a project's discrete work elements (or tasks) in a way that helps organize and define the total work scope of the project

19 GANTT charts A Gantt chart is a type of bar chart that illustrates a project schedule. Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. Some Gantt charts also show the dependency relationships between activities. Gantt charts can be used to show current schedule status using percent-complete shadings, or colored lines and a vertical "TODAY" line.

20 GANTT charts IDActivitiesWho is respo nsible ? Time intervals 1. 2. 3. 4. 5. 6. 7. 8. 1. 2. 3. 4. 5. 6. 7. 8 9 10. 11.

21 GANTT charts 6. 5. 4. 3. 2. 1. timeactivities

22 GANTT charts

23 6. 5. 4. 3. 2. 1. timeActivities today

24 The Network Diagram Network (precedence) diagram Activity-on-arrow (AOA) Activity-on-node (AON) Activities Events

25 The Network Diagram Path –Sequence of activities that leads from the starting node to the finishing node Critical path –The longest path; determines expected project duration Critical activities –Activities on the critical path Slack –Allowable slippage for path; the difference the length of path and the length of critical path

26 Project Network – Activity on Arrow 1 2 3 4 56 Locate facilities Order furniture Furniture setup Interview Hire and train Remodel Move in AOA

27 Project Network – Activity on Node a b c e f Locate facilities Order furniture Furniture setup Interview Remodel Move in d Hire and train g AON FINISH START

28 Network Conventions a b c a b c a b c d a b c Dummy activity

29 Time Estimates Deterministic –Time estimates that are fairly certain Probabilistic –Estimates of times that allow for variation

30 Deterministic time estimates 1 2 3 4 56 8 weeks 6 weeks 3 weeks 4 weeks 9 weeks 11 weeks 1 week Locate facilities Order furniture Furniture setup Interview Hire and train Remodel Move in

31 Solution Critical Path

32 Probabilistic Time Estimates Optimistic time –Time required under optimal conditions Pessimistic time –Time required under worst conditions Most likely time –Most probable length of time that will be required

33 1-3-4 a 3-4-5 d 3-5-7 e 5-7-9 f 2-4-6 b 4-6-8 h 2-3-6 g 3-4-6 i 2-3-5 c Optimistic time Most likely time Pessimistic time

34 Sample: a research-project Survey on students Task 1: literature overview Task 2: design questionaire Task 3: collect a sample of subjects Task 4: printing questionaires Task 5: fieldwork Task 6: analyse data Task 7: writing up Task 8: prepare a presentation Task 9: presenting to the customer

35 AOA Network diagram What is its AON version? a c d b e f 6 5 10 4 9 2

36 Solution?

37 Problem: converting table data to AoA and AoN ActivityImmediate predecessor Duration a-2 ba3 cb2 db1 TPT = ? Float = ?

38 Solution (AoN) Solution (AoA) a2a2 b3b3 c2c2 d1d1 finish star t 1 2 2a2a 3 2c2c 4 5 3b3b 1d1d

39 Solution: TPT from critical path analysis Identify all the paths and their duration: a-b-c = 7 a-b-d = 6 The path with the longest duration is the critical path, and it sets the TPT = 7 Identify the floats: The non-critical activities have floats. Here the only non- critical is the d. Its float is the time that it can use up without increasing the TPT. This time it is: 7 – 6 = 1

40 Thanks for your attention


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