Project Management Knowledge Area
Module 2
UNIQUENESS OF PROJECT MANAGEMENT
Characteristics That Distinguish Projects From Other Human Endeavors
Purpose: Every Project Has a Single Definable Purpose/ End-Item/ Goals/ Objective in Terms of Cost/ Schedule/ Performance Uniqueness: Needs Doing Something Different Than Was Done Previously Temporary: Temporary Project Organization Disbanded Once Goals Reached Complexity: Projects Cut Across Organizational Lines Needing Skills/ Talents from Multiple Professions & Organizations Using Cutting Edge Technology that Creates Task Interdependencies Introducing New & Unique Problems Unfamiliarity: Uniqueness in Projects Introduces Unfamiliarity Resulting in Uncertainty & Risk Stake: Projects Taken Up Only When High Stakes Involved If Issues Remain Unsolved Project Life Cycle: Project Defined as a Process that Passes Through Several Distinct Phases Requiring Different Resources/ Organizations/ Permanent Organizations Perform Repetitive/ High Certainty Activities Skills To Achieve Project Goals
Doing Same Things Over and Over Again With Little Change in Operations
Other Than Rescheduling - Management Focuses On Efficiency Project Specific Organization Created For Duration of the New Project To Manage Activities Differently Using People From Different Knowledge Areas Having Specific Talents/ Skills - Management Focuses On Innovation Projects Differ From Repetitive Efforts & Therefore Need New Techniques/
EFFECTIVE MANAGEMENT OF CHANGE
Modern Project Management Evolved as a New Discipline for Managing Change Requirement for Knowledge Areas & Skills Change from Project to Project Knowledge Areas Needed To Manage a Project Broadly Classified into
Project Management Specific Body of Knowledge General & Business Management Knowledge Technical Management Knowledge & Skills Interpersonal Communication & Relationship Management
Managing Projects Need Acquiring Knowledge & Also Learning Skills for Applying the Knowledge Effectively & Efficiently Competency in These Skills Comes From the Body of Knowledge & Hands-On Experience in Managing Various Types of Projects Continuous Upgrading of Project Management Skills Essential to Cope with Rapidly Changing Technology Required Knowledge Areas for Handling Projects Changed from Emphasis on Only Time & Cost Management During the Sixties (1960) to Total Project Management Knowledge & Skills of Modern Day Body of Knowledge (BOK) Published By 2 Major Non-Profit Organizations
The International Project Management Association (IPMA) Project Management Institute (PMI) of USA
PROJECT MANAGEMENT COMPETENCY
Project Management Techniques Knowledge & Skills
General Management Knowledge & Skills
Project Management Competency
Technical Management Knowledge & Skills
Interpersonal Skills
The IPMA Guide Covers Project Management in Totality The IPMA Competence Baseline Covers Most of Project Management Specific & General Management Related Body of Knowledge
PMI BODY OF KNOWLEDGE
Project Management Defined as Art & Science of Converting a Vision into Reality with Professional & Ethical Considerations Knowledge Areas Needed to Manage Projects Consists of
Project Management Techniques Practices Employed For Formulating a Project Managing Project Scope Integration of Scope-Related Parameters Resources Organization Costs Time Quality
Procurement Risks Information System
Guide to The Project Management Body of Knowledge (PMBOK, 2004) Developed by PMI of USA Contains
9 Project Management Specific Knowledge Areas 44 Project Management Processes
PM Body of Knowledge Common & Applicable To All Types of Projects For Effective Management of Projects PM Body of Knowledge Must be Supplemented with Knowledge Areas & Skills from
General Management Technical Management Environment Management Interpersonal Skills
9 PROJECT MANAGEMENT KNOWLEDGE AREAS
Project integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communication Management Project Risk Management Project Procurement Management
PROJECT MANAGEMENT PROCESSES - PMI
Project Scope & Integration Management
Defining Project Scope Controlling Scope Verifying Integrating Scope
Project Time Management
Identifying Activities Defining Activities Networking Activities Scheduling Activities Controlling Activities
Project Cost Management
Estimating Costs Planning Costs Budgeting Costs Controlling Costs Managing Earned Value System
Project Resource Management
Planning Manpower Planning Materials Planning Equipment Controlling Resources Productivity
PROJECT MANAGEMENT PROCESSES - PMI
Project Quality & Environment Management
Defining Quality Concept Planning Product Quality Assuring Product Quality Controlling Product Quality Managing Project Quality Managing Environment Safeguarding Workers Wealth & Safety
Project Risk Management
Planning Risk Identifying Risks Quantifying Risks Mitigating Risks Planning Risk Response Monitoring & Controlling Risks
Project Procurement & Contract Management
Planning Procurement Procuring Contracts Administrating Contracts Managing Disputes & Claims
Project Management Information System
Planning Implementation Strategy Structuring & Codifying Input Data Performance Data Reporting & Analysis Processing Data Using Project Management Software Communicating Information Document Management Role of PMO
PROJECT FORMULATION PROCESSES
Project Formulation & Appraisal
Need & Justification Policy Issues Demand & Market Technical Aspects Infrastructure & Manpower Environmental Aspects Project Implementation Plan Cost Estimated Project Income/ Revenues Financing of the Project Financial Analysis Economic Analysis Risk Analysis Project Appraisal Project Approval/ Documentation & Financial Closure Investment Decision-Making Project Implementation Project Implementation Strategy
Organizing for Project Management
Designing PM Organization System Organizational Planning Assigning Responsibilities Code of Ethics Leadership in Project Management
Project Management Specific Processes Include Project Management Processes Defined by PMI & Project Formulation & Appraisal Processes
PROJECT MANAGEMENT SPECIFIC PROCESSES
Project Management Processes
Project Scope & Integration Management Project Time Management Project Resource Management Project Cost Management
Project Formulation & Appraisal
Project Quality & Environment Management Project Procurement & Contract Management Project Risk Management Project Management Information System
Organizing For Project Management
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