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Project management a managerial approach chapter 01

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© 2006 John Wiley and Sons, Inc.The Professionalism of Project Management • Complexity of problems facing the project manager • Growth in number of project oriented organizations – The

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© 2006 John Wiley and Sons, Inc.

Project Management: A Managerial Approach

Chapter 1 – Projects in Contemporary Organizations

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© 2006 John Wiley and Sons, Inc.

Overview

• Project Management Growth Factors

• Project Aspects

• Project Criteria

• Project Life Cycle

• Project Management Profession

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© 2006 John Wiley and Sons, Inc.

Project Management Emergence

• Explosion in human knowledge

• Mass customization of products and services

• Expansion of global markets

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© 2006 John Wiley and Sons, Inc.

Forces Of Project Management

• Forces driving Project Management:

– 1 exponential expansion of human knowledge

– 2 growing demand for a broad range of complex,

sophisticated, customized goods and services

– 3 evolution of worldwide competitive markets for the production and consumption of goods and services

• Team-based problem solving v individual

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© 2006 John Wiley and Sons, Inc.

The Professionalism of Project

Management

• Complexity of problems facing the project manager

• Growth in number of project oriented organizations

– The Project Management Institute (PMI) was established in 1969

– By 1990 it had 7,500 members

– 1995, over 17,000 members

– 1998 exploded to over 44,000 members

• This exponential growth is indicative of the rapid growth in the

use of projects

• Importance of PMI as a force in the development of project

management as a profession

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Project Management Institute: Membership Growth Curve

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Organizational Imperatives

• Traditional hierarchical management declining

• Consensual management increasing

• Increasing reliance on systems engineering

• Projects integral to organizational strategy

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© 2006 John Wiley and Sons, Inc.

The Definition of a “Project”

• Must make a distinction between terms:

– Program - an exceptionally large, long-range objective

that is broken down into a set of projects

– Task - set of activities comprising a project

– Work Packages - division of tasks

– Work Units - division of work packages

• A specific, finite task to be accomplished

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Project Management

A Working Definition

• Project:

– A problem with a known solution scheduled for

completion—unique and non-routine activities

• Project Management:

– The science and art of solving the problem within

predetermined time and resource parameters

– Shouldering just enough risk to escape with your career intact!!!

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© 2006 John Wiley and Sons, Inc.

Characteristics of a Project

• Have a supported purpose/importance

• Performance specifications (form, fit, function)

• Known (bounded) solution

• Have a life cycle with finite due date

• Interdependencies

• Uniqueness

• Resource requirements and tradeoffs

• Stakeholder Conflict

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© 2006 John Wiley and Sons, Inc.

Quasi-Projects and Fuzzy Goals

• Tasks without Specific Targets

– No Who, What, When, Where, How Much

• Implied Performance, Cost, Time Constraints

• “Projects” to Determine Project Scope

• Warning: If these Become Projects, Expect Delays,

Cost Overruns, Dissatisfied Customers

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© 2006 John Wiley and Sons, Inc.

Objectives of a Project

• 3 Project Objectives:

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Why Project Management?

• Companies have experienced:

– Better customer relations

– Shorter overall delivery times

– Lower costs and higher profit margins

– Higher quality and reliability

– Higher worker morale

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© 2006 John Wiley and Sons, Inc.

Why (not) Project Management?

• Companies have also experienced some negatives:

– Greater organizational complexity

– Increased likelihood of organizational policy violations– Higher costs

– More management difficulties

– Low personnel utilization

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The Project Life Cycle

• Stages of a Conventional Project:

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The Project Life Cycle

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© 2006 John Wiley and Sons, Inc.

The Project Life Cycle

• Projects also exist which do not follow the

conventional project life cycle

• Comprised of subunits that have little use as a stand

alone unit, yet become useful when put together

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The Project Life Cycle

• Time distribution of project effort is characterized by

slow-rapid-slow

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© 2006 John Wiley and Sons, Inc.

Project Management Life Cycle

Definition Planning Implementation Delivery

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© 2006 John Wiley and Sons, Inc.

Proactive Project Life Cycle

Project Evaluation (Audit) Process

Change Management System

Project Manager Roles and Responsibilities

Closed-Loop Planning-Monitor-Control System

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The Project Life Cycle

• Unlike the more conventional life cycle, continued inputs of effort at the

end of the project produce significant gains in returns

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Projects in Contemporary

Organizations

Figure 1-3

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© 2006 John Wiley and Sons, Inc.

Projects in Contemporary

Organizations

Figure 1-4

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Projects in Contemporary

Organizations

Figure 1-5

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© 2006 John Wiley and Sons, Inc.

Projects in Contemporary

Organizations

Figure 1-6

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© 2006 John Wiley and Sons, Inc.

Copyright 2006 John Wiley & Sons, Inc.

All rights reserved Reproduction or translation of this work beyond that permitted in section 117

of the 1976 United States Copyright Act without express permission of the copyright owner is unlawful Request for further information should be addressed to the Permissions Department, John Wiley & Sons, Inc The Publisher assumes no responsibility for errors, omissions, or

damages caused by the use of these programs or from the use of the information herein.

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