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Project Management Lecturer : Behnam Faizabadi PhD,PMP 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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PM Today – Necessary? Frustration with cost & schedule overruns Frustration with reliability of production estimates Management challenges exist today: o Only 44% of projects are completed on time o On average, projects are 189% over-budget o 70% of completed projects do not perform as expected o 30% of projects are canceled before completion o On average, projects are 222% longer than expected PM has been shown to improve this performance These statistics were compiled by an independent monitoring group, The Standish Group, and represent the US national average for 1998 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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What is Project MGMT? 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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Who is Accidental PM? Knows technical issues very good Has good network Is a political man Has Parents Praying 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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Who is Professional PM? Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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Project MGMT Simple vs. Complex 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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Project MGMT 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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What can do? Project Management System Competent Project Manager 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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Conclusion Project Management is an exotic cocktail : One tot prophecy, One tot military general, One tot super – hero 8/23/2011 Behnam Faizabadi PhD,PMP Project MGMT Consultant
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