1. PRM 700 LECTURE 03

2. Project Management and overview Advanced Project Management- Introduction Ghazala Amin

3. Project Management and overview Project Management Discipline Project A temporary endeavor undertaken to create a unique product or service Project Management The application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations Program A group of projects managed in a coordinated way to obtain benefits not available from managing them individually Start and End date, allocated budget and available resources Dedicated Stakeholders Informed and Knowledgeable End user Empowered Project Office personnel Strict documentation Change management and risk mitigating process Estimation process for additional or in-scope deliverables PLANNING, CONTROLLING AND MANAGING.

4. Project Management and overview Stake Holder Communication Project Manager Top Management The Customer Regulators Links -TBD Project Team Members Line Managers Other Projects Vendors

5. Project Management and overview Project Manager :a coach and mentor The project manager’s leadership style should be matched to the developmental level of the project team and should move through successive steps of: Directing, Coaching, Supporting, and Delegating

6. Project Management and overview Project Manager Project Manager not only leads and manages the project but helps the team with attaining SMART objectives for the project and the team. S:Specific M:Measurable A:Attainable R:Realistic T:Time bound

7. Project Management and overview COMMUNICATION Communicate, Communicate and Record Identify root causes of problems Critical Path Analysis Earned Value Project Reviews Identify significant variances Project Meetings Identify significant trends Resource Analysis Trial Solutions Reports Performance Tests Results

8. Project Management and overview Project Closure Project plan updates Documentation Archived Legal Contract Closure Administrative Closure for Resources Corrective actions Lessons learned

9. Project Management and overview Wrap Up Q & A Session.