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L/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, B.Com Specialized in Accounting & Marketing) www.ibrahimsameer.wordpress.com

L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

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Page 1: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

L/O 1: Establish Project Aims, Objectives &

TimeframesIbrahim Sameer (MBA - Specialized in Finance,

B.Com – Specialized in Accounting & Marketing)

www.ibrahimsameer.wordpress.com

Page 2: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

• Project Management

Page 3: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Project Management

What is your understanding about project?

Page 4: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What is a Project?

• According to the PMBOK (Project Management

Body of Knowledge) 3rd edition, A project is

defined as a “temporary endeavor with a

beginning and an end and it must be used to

create a unique product, service or result”.

Page 5: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What is a Project?

• Lets assume here is Mariyam.

Page 6: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What is a Project?

• Assume she is automobile designer and came up

with new design of a car.

Page 7: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What is a Project?

• Her team collaborate and come up with a plan.

Page 8: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What is a Project?

• And create a prototype of a car.

Page 9: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What is a Project?

• Creation of prototype car leads to

Page 10: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Project Management

Page 11: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Project Management Process

Page 12: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Initialization

• In short in this stage you determine what to do in

this project.

Page 13: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Initialization

• How do we know initialization stage is complete.

The deliverable at initialization stage is “Project

Charter” & this is produced by project manager.

Page 14: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Initialization

• Project charter is the bible to be used throughout

the project.

Page 15: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Initialization

• Also while specifying clear goals and scope of the

project; it will be mention how currently we do

things right now and in future how we will do

things.

Page 16: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Initialization

• Also in the project charter it will be mention who

are the key player which person will play which

role & responsibility that comes with that role &

how controls will be implemented.

Page 17: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Initialization

• As mention earlier this document is referred

throughout the project and this become the

reference material and also this document

represent the commitment from everybody.

Page 18: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Planning Stage

• This is the most time consuming stage.

Page 19: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Planning Stage

• How do we know planning stage is finished. We

will have a document called project plan on our

table, produced by project manager.

Page 20: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Planning Stage

• Following are the things that will list in project plan

document.

Page 21: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Planning Stage

• So the project manager will do following things as

well.

Page 22: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Executing Stage

• This is the most busy and costly stage in a project.

Page 23: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Executing Stage

• In this stage project team members carryout

actions that is define in project plan.

Page 24: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Executing Stage

• In this stage the role of project manager is

communication & coordination. He need to make

sure that all information is communicated to all

team members.

Page 25: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Executing Stage

• Since executing stage mark the most hectic stage;

it is usually start with kick of meeting. In this

meeting project manager ensure that everyone

know what is suppose to do.

Page 26: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Controlling Stage

• Since it is not perfect world making a project plan

and executing is not enough. You need to make

sure everyone work according to your plan.

Page 27: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Controlling Stage

• The deliverable of controlling stage is project

status report, produced by project manager.

Page 28: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Controlling Stage

• Project status report include following things:

Page 29: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Controlling Stage

• Periodic meeting will be heads by project

manager. Take update from team members and

communicate that to stakeholders.

Page 30: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Closing Stage

• Objective of this stage is:

Page 31: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Closing Stage

• This deliverable will be sign off by client and it

proof that client is happy with the work done.

Page 32: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Closing Stage

• Once you received sign off from client usually you

will be having exit meeting to get feedback.

Page 33: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Manage a Project?

• Here is statistics:

• 1 out 4 project enter into the market, 31% of IT

project cancel before completion & 42% large

organization is able to complete project.

Page 34: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Fail

Why do you think project Fail?

Page 35: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

Page 36: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Here is Ali; he has dream of construction beautiful

house home for himself. He start at young age.

Page 37: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• But does not plan correctly. Even after reaching

him, his old age due to improper time

management his dream house could not be

completed.

Page 38: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

Page 39: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Here is Suha wants to buy a beautiful dress for

upcoming party. She plans to go near by mall to

make purchase.

Page 40: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Since she does not properly plan the cost involve

during shopping. She ends ups buying lots of other

things the money that she have.

Page 41: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

Page 42: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Here is Raheem want to buy a shiny convertible

car. So he and his wife can go into long drive.

Page 43: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Less than a year they have a child. Now the

convertible car does not seems to correct choice

for the family.

Page 44: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

Page 45: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Here is Mohamed spend lots of money on buying a

big home.

Page 46: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Why Do Projects Fail?

• Since he did not check the quality of home before

making purchase. It collapse within few months of

his purchase.

Page 47: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Who Manages a Projects?

• Who rescue us from all these problems. Who is the

one who manage everything in a project.

Page 48: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Who Manages a Projects?

• The one person who save us all of this is:

Page 49: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What the Skills of a PM?

Page 50: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What the Skills of a PM?

Page 51: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Gantt Chart

• Do you get overwhelmed by large projects? Do

you wish you had a way to keep track of how the

project is coming along? Well, you have a way to

do just that! It's called a Gantt chart, and it is

super easy to create.

Page 52: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Gantt Chart

• What is Gantt Chart?

Page 53: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Gantt Chart

• So that it; allows the project manager to see the

status of the work as it is completed.

Page 54: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Gantt Chart

• Its name comes from its creator in the 1910, Henry

Gantt.

Page 55: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What the Gantt Chart Show?

• The specific activities for the project.

• The point in the process each activity should start.

• The length of time allotted for each activity.

Page 56: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Gantt Chart - Specimen

• Here is an example of a Gantt Chart

Page 57: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

What else you want to know?

Questions & Answers

Page 58: L/O 1: Establish Project Aims, Objectives & TimeframesL/O 1: Establish Project Aims, Objectives & Timeframes Ibrahim Sameer (MBA - Specialized in Finance, ... • As mention earlier

Thank You

Ibrahim SameerSeek knowledge from cradle to grave