Project Management Today
Project Management Today
Define Management?
Define organization?
Functions of management?
Importance of management?
Skills and nature of
management?
Management as a micro and
macro levels?
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Principles of management
Concept of Taylor and
Henri Fayols in
management
Managerial qualities and
training
Role of managers
Hierarchy
Project Management
Project Management: Past
and Present
History of Project Management
Mid-20th century
CPM and PERT methodologies identified the importance of task
sequences, task dependencies and the concept of the critical path.
Project management as a profession
Project Management Institute (PMI) was founded
Project Management Body of Knowledge (PMBOK) was created
Today
Increasing recognition of project management as a specialized set of
skills applicable to many different industries
Project Management certifications: PMP, CAPM, specializations
Applied on all industries
Careers Using Project Management Skills
Traditionally: on time,
within budget and
delivers the promised
scope
More effective
measure: satisfied
customer
Group work
Application knowledge
Industry group
Technical specialty
Managerial area
Understanding the project
environment
Cultural, social, political,
international, physical
Management knowledge
and skills
Interpersonal skills
Communication, influence,
leadership, motivation,
negotiation and problem
solving
Project Management Standards
Standards
organizations
PMI
Project Management
Institute:
http://www.pmi.org/
CAPM, PMP and other
professional standards
IPMA
International Project
Management Association:
http://ipma.ch/
Several certifications
Project & Management?
Phases of a project
Initiation
Planning
Implementation
Closing
10 Knowledge Areas of Project Management?
Another set of guidelines that project managers can find helpful when weighing the triangle
for their project is the “10 knowledge areas” of project management which are below. The
Project Management Institute publishes the text, A Guide to the Project Management Body
of Knowledge (PMBOK® Guide), which outlines these factors that help inform and shape
the project triangle.
1) Integration Management: The overarching plan of managing a project, which takes into
account all schedules and process, and identifies the actual deliverables and scope of a
project.
2) Scope Management: This element helps focus a project’s scope, which in turn allows
project managers and resource managers to plan and assign resources to it.
3) Time Management: This element enables the building of processes and schedules, and
ensures time frames are realistic and achievable.
4) Cost Management: Performing this exercise allows you to plan a project’s overall
budget, from estimating to financing to controlling costs.
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