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8/6/2019 3. proj mgmt
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MC faculty ALTTC
Project Management
S.K. Bhalla
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MC faculty ALTTC
Project Management
The application of knowledge, skills, tools,
and techniques to project objectives to meet
stakeholder needs and expectations.
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Objectives of project Management
o Define the project
o Reduce it to a set of manageable tasks
o Obtain appropriate and necessary resources
o Build a team or teams to perform the project work
o Plan the work and allocate the resources to the tasks
o Monitor and control the work
o Report progress to senior management and/or the project
sponsor
o Close down the project when completed
Review it to ensure the lessons are learnt and widely understood
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Project Life Cycle
1. Preparation
2. Start up 1. Initiating
3. Feasibility
4. Definition & Planning 2. Planning
5. Implementation 3. Execution 4. Control
6. Close up 5. Close up
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Knowledge Areas:
Scope Management
Time Management
Cost Management
Quality Management
Human Resources Management
Communications Management
Risk Management
Procurement Management
Integration Management
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Skills for Project Manager
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Team Leadership Skills
Vision and Strategy
Establishing Direction
Aligning People
CommunicatingNegotiating
Motivating and Inspiring
Influencing OrganizationsOvercoming Barriers to Change
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Technical Skills
PlanningFinance and Accounting
Personnel Administration
TechnologyContract Management
Solving Problems
Subject matter knowledge
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Individual Skills
Writing
Listening
Speaking
Presenting
Credibility
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Work Breakdown structure
Identifying the key elements
Breaking each element into component parts
Continuing to breakdown until manageable work
packages have been identified
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(Network diagrams) PERT
Inter relationship of tasks
Dependencies of tasks
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PERT terminology
Two consecutive events in a PERT chart are linked by activities ,
which are conventionally represented as arrows in the PERT chart
diagrams.
The events are presented in a logical sequence and no activity cancommence until its immediately preceding event is completed.
Any two events cannot be directly connected by more than one
arrows. If two events have same start & termination, then a dummy
activity is introduced
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A PERT event: is a point that marks the start or completion of one
or more tasks. It consumes no time , and uses no r es our ces . It
marks the completion of one or more tasks, and is not reached
until all of the activities leading to that event have been completed.
A predecessor event: an event (or events) that immediately
precedes some other event without any other events intervening. It
may be the consequence of more than one activity.
A successor event: an event (or events) that immediately follows
some other event without any other events intervening. It may be
the consequence of more than one activity.
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A PERT activity: is the actual performance of a task. It consumes
time , it requires r es our ces (such as labour, materials, space,
machinery), and it can be understood as representing the time,
effort, and resources required to move from one event to another. APERT activity cannot be completed until the event preceding it has
occurred.
Dummy activity: Which doesnot require resources such as time,
labour, material etc.
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Optimistic time (O ): the minimum possible time required to
accomplish a task, assuming everything proceeds better than is
normally expected
Pessimistic time (P ): the maximum possible time required toaccomplish a task, assuming everything goes wrong (but excluding
major catastrophes).
Most likely time (M ): the best estimate of the time required to
accomplish a task, assuming everything proceeds as normal.
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Expected time (T E ): the best estimate of the time
required to accomplish a task, assuming everything
proceeds as normal (the implication being that the
expected time is the average time the task would require
if the task were repeated on a number of occasions over
an extended period of time).
TE = (O + 4M + P ) 6
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Critical Path: the longest possible continuous pathway
taken from the initial event to the terminal event. It
determines the total calendar time required for the
project; and, therefore, any time delays along the critical
path will delay the reaching of the terminal event by at
least the same amount.
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Slack: the slack of an event is a measure of the excess
time and resources available in achieving this event.
P o sitive slack(+) would indicate ahead of schedule;
n egative slack would indicate behind schedule; and
ze ro slack would indicate on schedule.
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Installation of new landline exchange
Activity description Activitycode
Duration Precedingactivity
1 Sanction of project estimate A 10 days -
2 Equipment/cable procurement B 180days
A
3 Land acquisition C 30 days A
4 Building construction (civilworks)
D 180days
C
5 Electrical works E 60 days D
6 Battery & power plantinstallation
F 20 days B, E
7 Installation of equipment &MDF
G 30 days B, E
8 Testing & Acceptance Testing H 20 days F,G
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PERT Diagram
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Industry trend
Project Management Professionals
Use of project management software