01 What is Project Lifecycle Mangement 03 (1)

7/31/2019 01 What is Project Lifecycle Mangement 03 (1)

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Slide no. 1

May 17, 2012

Author: Dilip ThosarFor BVUAmplifyDITMJanuary 2009

Project And Product Lifecycle ManagementProject Lifecycle Management

Project Lifecycle Management


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Slide no. 2

May 17, 2012



Project Lifecycle Program

A group of related projects managed together

Vision of the final result broken up into projects

Projects may be done in parallel or in serial

Project SDLC and SMLCDefineGoal

PlanProject

ExecutePlan

CloseProject

Evaluate

`

Plan Analyze DevelopDesign Implement

SMLCMaintenance

& Support

System Development Life Cycle (SDLC)


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Slide no. 4

May 17, 2012



Project Initiation Defining what the project will do and why:

What is the business case? Why are we doing this?

What is in scope? What is not in scope?

What is the estimated cost?

How long a time do we estimate it to take to complete?

Who are the stakeholders. What stakes are theysupporting or opposing the project for?

Project Charter : the Customers need & sanction

Project Champion from client Defining who the project team will be

Defining method of work by the team


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Slide no. 5

May 17, 2012



Project Planning Defining how the project will be done:

Documenting the Project Plan

What is the Work Breakdown Structure (WBS) ?

What are the milestones to deliver?

What are the important tasks? How long witheach take? Who is responsible to deliver it?

Estimating effort (resource requirement) and time(schedule)

What are the risks, assumptions and constraints? Getting Customer Signoff on the Plan


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Slide no. 6

May 17, 2012



Project Execution Doing what the Plan says would be done

Procuring resources Deploying resources

Directing the Resources on specific planned activities

Monitoring actuals v/s plan Quality verification

Scope completion measurements Risk factor oversight

plan v/s actuals: Scope, Cost, Schedule

Regular Review Meetings to monitor progress and identify problems

Reporting to client and management Client report on progress .Eg. FIDIC Clause 14 Client Billing

Management Reporting

Forecast for project completion


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Slide no. 7

May 17, 2012



Project Closure Handing the project to the client

Delivery gate-pass meet : Customer signoff

Document and signoff future commitments

Gauge customer satisfaction

Report final cost and time

Document lessons learnt: technical, PM, RM, ?

Archive documentation (and source code for sw)

Raise final bill to customer

Report closure to top management


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Slide no. 8

May 17, 2012

Author: Dilip Thosar

For BVUAmplifyDITMJanuary 2009


Generic Project Total Progress

contractors progress v/s early finish curve

Banana Curve

100%90%

80%70%60%50%40%30%

20%10%0


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Slide no. 9

May 17, 2012




Time and Energy for each Phase


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Slide no. 10

May 17, 2012




Risk Management in Project Lifecycle Impact of project risks on lifecycle

Probability of a disaster decreases during the lifeof a project

Cost to recover from a problem increases during

the project Essence of PM is RM!


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Slide no. 11

May 17, 2012




Managing Change Re-iterative mini-cycle of project lifecycle for

change

Impact analysis

Major and Minor changes

Re-schedule and re-bid for major changes

Feature maps

Version control Parallel developments


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Slide no. 12

May 17, 2012




Project Lifecycle in Manufacturing Lean Manufacturing

Flexible Manufacturing : Market of 1

Variations of SDLC : Iterative Phases, Agile

Feasibility study as a consultancy project Takt Time

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01 What is Project Lifecycle Mangement 03 (1)