Introduction To Project Management
Introduction To Project Management
Project Management
INTRODUCTION TO PROJECT
MANAGEMENT
• WHAT IS A PROJECT
• WHAT IS NOT A PROJECT
FEATURES OF A PROJECT
• Unique in nature.
• Have a defined timescale.
• Have an approved budget.
• Have limited resources.
• Involve an element of risk.
• Achieve beneficial change.
• DIFFERENCE BETWEEN PROJECTS AND
OPERATIONS
Performance
Work
PROJECT OPERATIONS
• CLASSIFICATION OF PROJECTS
a) On the basis of type of work
b) On the basis of project completion time
c) On the basis of project value
d) On the basis of ownership
e) On the basis of pace of work
• QUASI PROJECTS VIRTUAL PROJECTS
Time to build: 14 years
Cost to build: $15 billion
Intensity of activities PROJECT LIFE CYCLE
I II III IV
Time
Feasibility Stage Or Conception Stage
• Identification of the need
• Identification of alternatives
• Evaluation / appraisal of the alternatives
• Business Case Document ( BCD ) is prepared
• Preliminary identification of human and non-
human resources
• Appoint Project manager ( Halo effect )
• Manage start up meeting
• Project Charter prepared
• Investment decision/‘go ahead’ signal.
DESIGN STAGE
(PLANNING & SCHEDULING STAGE)
• PROJECT SPONSOR
• PROJECT MANAGER
• PROJECT TEAM
• PROJECT STAKEHOLDERS
DOCUMENTS INVOLVED IN PROJECT
• BUSINESS CASE DOCUMENT
• PROJECT CHARTER (Template)
• STATEMENT OF WORK
• DETAILED PROJECT REPORT ( Template)
PRODUCT LIFE CYCLE
a) Corporate Vision
b) Corporate Requirements STRATEGY PHASE
c) Business Case
d) Feasibility Study
e) Project Definition PROJECT PHASE
f) Project Execution
g) Commissioning and handover and
closure
h) Operation Start- Up
i) Half Life OPERATION
j) Disposal PHASE