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Fail-proof
your projectsVic Divecha, MSE, PMP
9/18/2014
MLibrary Project Management SIG
www.s l ideshare .ne t / rd ivecha/ fa i l - p roo f
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Should one bother with formal Project Management?
Yes, if you deal with…
❖ Creative assignments with high
reward, high risk, and political or
technological uncertainty
❖ Work that deals with change:
technology, culture, or process
❖ Project management,
entrepreneurship or consulting as
a profession
No, if…
❖ You have access to unlimited
resources
❖ You don’t anticipate dealing
with people who are allowed to
change their minds
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Learning Objectives
❖ You are here: Where is PM in the
management universe?
❖ Charters: Manage project risk at the outset
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Act I
Big picture, challenges, significance
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PROJECT
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Management Universe
A Guide to The Project Management Body of Knowledge (PMBOK) (2013)
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PMI’s Definition of a ProjectA project is a temporary
endeavor undertaken to
create a unique product,
service, or result.
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ProjectDeliverables Quality
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Can you find the triple constraint in 2 minutes?
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Act II
Understanding and managing project uncertainty at initiation
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1
2
3
Cost and Impactof Changing Timeline/Scope/Resources
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Nature of Risk & Uncertainty Over Project Life
PROGRESSIVE
ELABORATION
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know
ledge a
reasprocess groups
Initiating Planning Executing Monitor/Control Close
Scope
Time
Cost
HR
Quality
Communication
Integration,
Procurement,
Stakeholder
Mgmt
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Act III
Belling the cat
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A Generic Charter
umich.box.com/charter: In MS Word, mouse over items to see definitions
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Sto
ry-c
ard
s
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Charters (Mostly) Prevent This
Fail-proofing at
initiation
Executive
Buy-in
Marshall Resources
LimitingLiability
Project
Charter
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ProjectDeliverables Quality
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❖ Network locally: pmi-hvc.org
❖ Visit Menlo in Downtown Ann Arbor
❖ Write a charter: umich.box.net/charter
❖ Connect:
❖ Linkedin.com/in/vicdivecha
Thank You!
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Epilog
The beginning has ended
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Nature of Risk & Uncertainty Over Project Life
PROGRESSIVE
ELABORATION
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O Fortune,
like the moon
you are changeable,
ever waxing
and waning;
hateful life
first oppresses
and then soothes
as the sharp mind takes it;
poverty
and power
it melts them like ice.