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Page 1: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

®

®

Page 2: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

The Project Storyboard

Page 3: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Background

Many organizations today have a new or renewed interest in project management

Computer hardware, software, networks, and the use of interdisciplinary and global work teams have radically changed the work environment

The U.S. spends $2.3 trillion on projects every year, or one-quarter of its gross domestic product, and the world as a whole spends nearly $10 trillion of its $40.7 gross product on projects of all kinds

3

Trying to manage a project without

project management is like trying to

play a football game without a game

plan.

K. Tate

Page 4: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Project Success / Failure Criteria Project Success

Project Failure

Page 5: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Your Problems Solved

Every Project runs into same kind of issues. But a project manager with good training can spot them and quickly figure out the best solutions…

A trained project manager has great ideas on how to estimate the tasks and put them in the right sequence to get the projects done as quickly and effectively as possible…

A trained project manager has knowledge about techniques for planning and tracking the costs…

A trained project manager knows how to plan for and protect against defects in the project…

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Advantages of Using Formal Project Management

• Better control of financial, physical, and human resources

• Improved customer relations

• Shorter development times

• Lower costs

• Higher quality and increased reliability

• Higher profit margins

• Improved productivity

• Better internal coordination

• Higher worker morale (less stress)

Page 7: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Project Management Institute (PMI®)

PMI® was founded in 1969 by five individuals who wanted to network, share process information and discuss common project problems. It is now the leading membership association for the project management profession with more than 260,000 members in over 171 countries.

PMI is actively engaged in advocacy for the profession, setting professional standards, conducting research and providing access to a wealth of information and resources.

PMI also promotes career and professional development and offers certification, networking and community involvement opportunities.

PMIs Project Management Professional (PMP®) credential is the most widely recognized and the only global certification in the profession.

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The Project Management Framework

Page 9: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Session Objective

1.2 What is a Project?

1.3 What is Project Management?

1.4 Relationship between Project Management, Program Management, and Portfolio Management

1.5 Project Management and Operations Management

1.6 Roles of a Project Manager

1.7 PMBoK® Guide

1.8 Enterprise Environmental Factors

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Page 10: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

1.2 What Is a Project?

A project is “a temporary endeavor undertaken to create a unique product, service, or result” (PMBOK® Guide, 4th Edition Section 1.2)

Operations is work done to sustain the business

Projects end when their objectives have been reached or the project has been terminated

Projects can be large or small and take a short or long time to complete

Projects exist within an organization and cannot operate as a closed system. They require input data from the organization and beyond, and deliver capabilities back to the organization.

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Project Attributes

A project: Has a unique purpose (e.g. create product, or service capability, or

specific outcome of value)

Is temporary (definite Start and End Date)

Is developed using progressive elaboration

Specifications of the project are initially broad and then refined and more detailed as the project progresses

Requires resources, often from various areas

Should have a primary customer or sponsor

The project sponsor usually provides the direction and funding for the project

Involves uncertainty

Unclear objectives, difficult to estimate time to complete and cost, dependence on external factors

Page 12: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Project Framework

Input Initiator/

Sponsorer

Deliverables

Records

Customer/

End User

Process

Assets

Initiate

Plan

Execute

Control

Close

Project Management Methodology

2

1

3

4

5

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Examples For A Project

Examples for a project:

Software development project to develop a new product.

Enhancement project to provide a new service.

Designing a new transportation vehicle.

Building Construction.

Running a campaign for political office.

Process Improvement

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1.3 What is Project Management?

Project management is “the application of knowledge, skills, tools and techniques to project activities to meet project requirements” (PMBOK® Guide, 4th Edition Section 1.3 )

Project Management is accomplished through the application and integration of the processes such as Initiating

Planning

Executing

Monitoring and Controlling

Closing

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1.4.1 Portfolios and Portfolio Management

A Portfolio is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. (PMBOK® Guide, 4th Edition Section 1.4.1)

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The projects or programs in the portfolio may not

necessarily be interdependent or directly related.

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1.4.2 Programs and Program Management

A Program is a group of related projects, managed in a coordinated way to obtain benefits not available from managing the projects individually (PMBOK® Guide, 4th Edition Section 1.4.2)

Most programs have elements of ongoing operations Series of repetitive or cyclical undertakings

Management is coordinated because: they may use the same resources, the results of one project feed into another, or they are parts of a larger "project that has been broken down to smaller

projects".

ADVANTAGES Decreased risk Economies of Scale Improved Management

16

Programs may include elements

of related work outside of the scope

of the discrete projects in the program.

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1.4 Relationship Portfolio, Program, and

Project Management

17

Portfolio Management

Program Management

Project Management

Portfolio - A suite of Programs and

Projects managed to optimize

Enterprise Value

Program - A structured grouping of

projects designed to produce

clearly identified business value

Project – A structured set of

activities undertaken to deliver a

defined capability based on an

agreed schedule and budget

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Project, Program and Portfolio Management

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Portfolios Programs Projects

Scope Have business scope that

changes with strategic goals

of organization

Have larger scope; provide

more significant benefits

Have defined objectives.

Scope is progressively

elaborated.

Change Portfolio managers monitor

changes in the broad

environment continually.

Program Manager(PgM)

expects change from both

inside and outside the

program and be prepared

to manage it

Project Managers (PM)

expect change and

implement processes to

keep change managed and

controlled

Planning Portfolio Managers create

and maintain necessary

processes and

communication relative to

the aggregate portfolio

PgM develop the overall

program plan and create

high-level plans to guide

detailed planning at the

component level

PM progressively elaborate

high-level information into

detailed plans throughout

the life cycle of a project

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Project, Program and Portfolio Management

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Projects Programs Portfolios

Management PM manages the project

team to meet the project

objectives

PgM manage the program staff

and the project managers; they

provide vision and overall

leadership

Portfolio managers may

manage or coordinate

portfolio management

staff

Success Success is measured by

product and project quality,

timeliness, cost effectiveness

and degree of customer

satisfaction

Success is measured by degree

to which program satisfies the

needs and benefits for which it

was undertaken

Success is measured in

terms of aggregate

performance of portfolio

components

Monitoring Monitoring and Controlling

of the work of producing the

project’s products, services

or results

Program Managers monitor

progress of program

components to ensure overall

goals, schedules, budget and

benefits of the program will be

met

Portfolio Managers

monitor aggregate

performance and value

indicators

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1.4.3 Projects and Strategic Planning

Projects are means of organizing activities that cannot be addressed within the organizations normal operational limits.

Projects are typically authorized as a result of one or more of the following strategic considerations:

A Market Demand & Organizational Need

A Customer Request

A Technological Advancement

A Legal Requirement

Social Responsibilities

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1.4.4 Project Management Office (PMO)

An organizational entity that centralizes and coordinates the management of projects.

Responsibility of a PMO can range from providing project management support functions to actually being responsible for the direct management of a project. PMO can be: Home for project managers: In some cases, maintain a centralized office

from which project managers are loaned out to work on projects.

Project management software tools: Select and maintain project management tools for use by employees. Also manage the Project Management Knowledge base.

Portfolio management: Establish a staff of program managers who can manage multiple projects that are related, such as infrastructure technologies, desktop applications and so on, and allocate resources accordingly.

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Functions of a PMO

A PMO performs a number of functions that may include but are not limited to: Managing shared resources across projects

Project Management Process/Methodology: Develop and implement a consistent and standardized process.

Coaching, mentoring, training and oversight

Developing and managing project policies, procedures, templates and other shared documentation (Organizational Process Assets)

Monitoring compliance with PM standards, policies, procedures and templates

Manage the interdependencies between projects

Help provide resources

Terminate projects

Help gather lessons learned and make them available to other projects

Provide templates

Provide guidance

Provide enterprise project management software

Be more heavily involved during project initiating than later in the project. 22

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Differences between a Project Managers and

PMO

Project manager focuses on the specified project objectives , while the PMO manages major program scope changes which may be seen as potential opportunities to better achieve business objectives

The project manager controls the assigned project resources to best meet project objectives while the PMO optimizes the use of shared organizational resources across all the projects

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Projects are frequently divided into more manageable components or subprojects. Subproject are often contracted to an external enterprise or to

another functional unit in the performing organization.

Sub projects can be referred to as projects and managed as such.

24

Subprojects

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The Triple Constraint of Project Management

25

• Successful project management means meeting all three goals (scope, time, and cost) – and satisfying the project’s sponsor!

• However, quality is the quadruple constraint

• Increased Scope = increased time +

increased cost

• Tight Time = increased costs +

reduced scope

• Tight Budget = increased time +

reduced scope.

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Organizational / Managerial Approach

Management by Project (MBP) Project management is the discipline of planning, organizing, and

managing resources to bring about the successful completion of specific project goals and objectives. It is sometimes conflated with program management, however technically a program is actually a higher level construct: a group of related and somehow interdependent projects

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Organizational / Managerial Approach

Management by Objectives (MBO) is a process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are in the organization.

The essence of MBO is participative goal setting, choosing course of actions and decision making. An important part of the MBO is the measurement and the comparison of the employee’s actual performance with the standards set. Ideally, when employees themselves have been involved with the goal setting and the choosing the course of action to be followed by them, they are more likely to fulfill their responsibilities

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1.6 Managing Projects

The Project Manager is the person responsible for accomplishing the project objectives.

Managing a project includes: Identifying requirements.

Establishing clear and achievable objectives.

Balancing the competing demand of quality, scope, time and cost.

Adapting the specifications, plans, and approach to the different concerns and expectations of the various stakeholders.

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1.6 Role of a project manager

The role of a project manager is affected by the one-shot nature of the project

The role of a project manager is difficult when team members are still linked to their permanent work areas Members may be assigned to several projects simultaneously

Managers must rely on their communication skills and powers of persuasion

The Role includes the following attributes

• Leader & manager

• Facilitator, coordinator

• Communicator

• Credibility: Technical/

Administrative

• Work under pressure

• Goal-oriented

• Innovator

• Versatilist

• Knowledgeable about the

organization

• Political sensitivity

• Conflict: sense, confront, resolve

• Can deal with stress, chaos,

ambiguity

• Planning and follow-through

• Ethical dilemmas

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Project manager duties

Reports to senior management

Communicates with users

Plans and schedules

Obtains and allocates resources

Controls risks

Manages people

Coordinates

Implements quality assurance

Controls the budget

Delivers results

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Project Managers Skills

Project Management Skills General Business Management (consistently producing results expected by

stakeholders) Leading (establishing direction, aligning resources, motivating) Communicating (clear, unambiguous, and complete) Negotiating (conferring with others to reach an agreement) Problem Solving (definition and decision making)

Distinguish causes and symptoms Identify viable solutions

Influencing Organization (understanding power and politics)

Project Managers Power

Legitimate (Formal): The formal power delivered from the position also known as formal power

Reward: The power to directly or indirectly reward the team members, Rewards may be increase in Salary, bonus, promotion, or better work assignment

Penalty (Coersive/ Punishment): The power to directly or indirectly penalize the team member. Penallty may be in the form of suspension, reprimand, unpleasant assignment.

Expert: The power derived from special knowledge or expertise Referent (or Charisma): The power derived from personality traits or charishma.

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Project manager attributes

Specia

list

Generalist

Versatilist

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1.7 PMBoK® Twenty years ago, PMI volunteers sat down to distill the Project

management body of knowledge. This eventually became the PMBOK® Guide, now considered one of the most essential tools in the profession and is the de facto global standard for the industry.

The PMBoK® Guide identifies the subset of the Project Management Body of Knowledge generally recognized as good practice.

It also provides and promotes a common vocabulary within the PMP® for discussing, writing, applying, project management concepts

Updates occur on a four-year cycle to ensure PMI's commitment

to continually improve and revise the information contained in this essential reference manual. The current edition is the fourth.

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PMBoK ® Guide – Key Concept

“Generally Recognized” means the knowledge and practices described are applicable to most projects, most of the time and there are consensus about their value and usefulness.

“Good Practice” means there is general agreement that the application of these skills, tools, and techniques can enhance the chance of success over wide range of projects.

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PMBoK® Guide - Areas of Expertise

35

Generally accepted as Good Practice

1. Project life cycle definition

2. Five project management process

3. Nine Knowledge areas

•Functional departments & supporting disciplines

•Technical elements

•Management specialization

•Industry Groups

•Cultural and social environment

•International and political environment

•Physical environment

Planning, Organizing, Staffing,

Executing & Controlling

Effective communication

Influencing the organization

Leadership

Motivation

Negotiating and conflict management

Problem solving

Extract from PMBoK 4th Edition

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36

Project Life Cycle and Organization

Page 37: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Session Objective

Product & Project Life cycle

2.1 The Project Life Cycle - Overview

2.2 Projects vs. Operational Work

2.3 Project Stakeholders

2.3 Organizational Influences on Project Management

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Page 38: The Project Storyboard · The Project Storyboard . Background Many organizations today have a new or renewed interest in project ... Improved Management 16 Programs may include elements

Product and Project Lifecycle

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2.1 The Project Life Cycle

All projects are divided into phases, and all projects, large or small, have a similar life cycle structure.

Project Phases are marked by the completion of a deliverable Tangible, verifiable work product Review of deliverables and approval/denial are “phase exits, stage gates, or kill

points”

Phases are collected into the Project Life Cycle Set of defined work procedures to establish management control

At a minimum, project will have a beginning or initiation phase, an intermediate phase or phases, and an ending phase.

All the collective phases the project progresses through in concert are called the project life cycle.

39

Construction: Feasibility-> Planning -> Design -> Production -> Turnover -> Startup

IT Project: Requirement -> Design -> Develop-> Test -> Implement

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Project Phase – Cotd…

Project phases evolve through the life cycle in a series of phases sequences called handoffs, or technical transfers. The end of one phase sequence may mark the beginning of the next.

Projects are usually divided into several project phases to improve management control.

Project Life Cycle defines:

Technical work performed in each phase

Who is involved in each phase

Project Phases can overlap – “Fast Tracking”

Common Characteristics of Project Life Cycles: Cost and Staffing levels are low at start and move higher towards the end

Probability of successfully completing project is low at beginning, higher towards the end as project continues

Stakeholder influence is high at the beginning and progressively lowers as project continues

40

The completion of one phase does not automatically

signals the beginning of next phase.

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More on Project Phases

• In early phases of a project life cycle: – Resource needs are usually lowest

– The level of uncertainty (risk) is highest

– Project stakeholders have the greatest opportunity to influence the project

• In middle phases of a project life cycle: – The certainty of completing a project

improves

– More resources are needed

– Monetary Spending is highest in the middle

phase

• The final phase of a project life cycle focuses on: – Ensuring that project requirements were met

– The sponsor approves completion of the

project

Risks

Extract from PMBoK 4th Edition

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Phase-to-Phase Relationships There are three basic types of phase – to – phase

relationships : A Sequential relationship : where a phase can only start once the previous

phase is complete

An Overlapping relationship : where the phase starts prior to completion of the previous one (Fast-tracking). Overlapping phase may increase risk and can result in rework .

An Iterative relationship : where only one phase is planned at any given time and the planning for the next is carried out as work progresses on the current phase and deliverables

42

Phase to Phase relation

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Phase Completion

You will recognize phase completion because each phase has a specific deliverable, or multiple deliverables, that marks the end of the phase.

43

A deliverable is an output that must be produced,

reviewed, and approved to bring the phase or project to completion.

Deliverables are tangible and can be measured and easily proved.

A Guide to the PMBOK states that phase ending reviews are also known

by other names: Phase Exits, Phase Gates, or Kill Points.

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2.2 Project vs. Operational Work

44

• Attains its objectives and terminates

• Create own character, organization, and goals

• Catalyst for change

• Unique product or services

• Heterogeneous teams

• Definite Start and end date

Projects

• Producing a News letter

• Writing and publishing a book

• Implementing a LAN

• Hiring a sales man

• Arrange for a conference

• Opening for a new shop

• Arranging a Music Concert

Examples

•Sustains the business

• Semi-permanent charter, organization, and

goals

• Maintain status quo

• Standard product or services

• Homogeneous teams

• Ongoing

Operations

• Responding to customers requests

• Writing a letter to a Prospect

• Hooking up a Printer to a computer

• Meeting with an employee

• Attending a conference

• Running a shop

• Writing a progress update memo

Examples

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2.4 Project Stakeholders

A stakeholder is someone whose interest may be positively or negatively impacted by the project.

They are individual or organization who are actively involved in the project: Often have conflicting expectations and objectives

In general, differences should be resolved in favor of the customer – individual(s) or organization(s) that will use the outcome of the project

Stakeholder management is a proactive task Project Mangers must determine all stakeholders and incorporate their

needs into the project

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Sponsor Person or group that provides the financial

resources for the project

Portfolio Managers/Portfolio Review Board Managers responsible for the high-level

governance of a collection of projects or

programs

Program Managers Managers responsible for managing related

projects in a coordinated way to obtain

benefits and control not available from

managing them individually

Project Management Office It has direct or indirect responsibility for

the outcome of the project

Project Managers Manages the Project

Project team members Group performing the project’s work

Functional (Department/Unit) Managers Key individuals playing a management

role within a functional area of the

business

Operations Management Individuals who have a management

role in a core business area 46

Key Stakeholder

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Influencers Due to an individual's position can

influence positively or negatively

Sellers/Business Partners External companies that enter into

a contract

Customer Purchases the product or service

User Uses the product or services

Performing Organization Whose employees are most

directly involved in doing the

project’s work

47

Key Stakeholder

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Relationship between Stakeholders and the

Project

48 Extract from PMBoK 4th Edition

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What we do with the stakeholder?

• Identify ALL of them

• Determine ALL of their requirements

• Determine their expectations

• Communicate with them

• Manage their influence

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1.8 Enterprise Environmental Factors

Organizational Culture structure and Process

Government or Industrial Standard

Resources and Capabilities

Company Work Authorization systems

Market condition

Stakeholder Risk Tolerance

Political Climate

• Enterprise Environmental Factors (EEF) are both internal and external factors that influence a project success. It may enhance or constraint project management options. They are considered as inputs to most of the planning processes. The EEF could include

• Organization established communication channels

• Commercial Database (Standardized cost, estimation data, risk database)

• Project Management Information System

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Project Management Context

Organizational Systems: Project based vs. Non-Project Based

Project Based – derive revenues from performing projects for others (consultants, contractors),”management by projects”

Non-Project Based – seldom have management systems designed to support project needs (manufacturing, financial services)

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Organizational Influence on Project

Management

Projects are typically part of an organization that is larger than the project.

The maturity of the organization with respect to its project management system, culture, style, organizational structure and project management office can also influence the project. Organizational Systems

Organizational Cultures and Styles

Organizational Structure

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Organization Culture, Style and Structure

These cultures are reflected in numerous factors: Shared values, norms, beliefs, and expectations

Policies and procedures

View of authority relationships

Work ethics and work hours

The structure of the performing organization often constraints the availability of resources in a spectrum from Functional to Projectized, with a variety of matrix structure in between. Entrepreneurial firms more likely to adopt highly participative Project

Manager – accept higher risk/reward

Hierarchical firms less likely to adopt participative Project Manager – take fewer risks

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Functional Organization

The organization is grouped by areas of specialization within different functional areas.

Projects generally occur within a single department.

Information required from other department will be routed through departmental heads.

Team members complete project work in addition to normal department work.

Extract from PMBoK 4th Edition

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Projectized Organization

The entire company is organized by projects.

The project manager has control of projects.

Personnel are assigned and report to a project manager.

Team members complete only project work and when its over they don't have HOME.

Communication generally occurs only within the project. Extract from PMBoK 4th Edition

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Matrix Organization

Two Bosses

Team members reports to Project Manager and Functional Manager

Team members do project work in addition to normal departmental work

Power rests with functional manager

Project Manager plays a role of: Project Expediter: Cannot take decision. Staff assistant and Communication coordinator.

Project Coordinator: Similar to Project Expeditor except has some power to take decision.

Extract from PMBoK 4th Edition

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Balanced Matrix

Two Bosses

Team members reports to Project Manager and Functional Manager

Team members do project work in addition to normal departmental work

Power is shared between the functional and project manager

Extract from PMBoK 4th Edition

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Strong Matrix

Power rests with the Project Manager

Extract from PMBoK 4th Edition

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Composite Organization

A composite organization is a blend of multiple organization types.

Extract from PMBoK 4th Edition

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Organization Structure Influence on Project

Extract from PMBoK 4th Edition

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Advantage and Disadvantage

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Project Management Processes

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Project Management Process

The Project Processes are performed by the project team and generally fall in one of the below major categories

Project management processes ensure the effective flow of the

project throughout its existence. These processes encompass the tools and techniques involved in applying the skills and capabilities described in the Knowledge Areas

Product oriented processes specify and create the projects product. Product-oriented processes are typically defined by the project life cycle and vary by application area. The scope of the project cannot be defined without some basic understanding of how to create the specified product.

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Project Management Process Group Project Management Processes are grouped into five categories; known as

Project Management Process Groups: Initiation Process Group: Those processes performed to define a new

project or a new phase of an existing project by obtaining authorization to start the project or phase.

Planning Process Group: Those processes required to establish the scope of the project, refine the objectives, define the course of action to attain the objectives that the project was undertaken to achieve

Execution Process Group: Those processes performed to complete the work defined in the project management plan to satisfy the project specification

Monitoring and Controlling process group: Those processes required to track, review, regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding change .

Closing Process Group: Those processes performed to finalize all activities across all Process groups to formally close the project or phase

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Process Groups..

The process groups are linked by the results they produce - the result or outcome of one becomes an input to another.

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PlanningDefine and refine objectives.

Select best alternative.

ClosingFormalize acceptance and

bring project/phase to an end.

InitiationAuthorizing the project or

Phase

ExecutingCoordinating people and

other resources to carry out

plan.

ControllingMonitor, measure progress,identify

variance and take corrective.

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Process Groups...

Overlap of Process Groups in a Phase: The PM process groups are not discrete, one-time events; they are

overlapping activities which occur at varying levels of intensity throughout each phase of the project

Interaction Between Phases: The process group interactions also cross phases such as closing of one

phase provides an input to initiating the next

Core Processes: Have clear dependencies that require them to be performed in

essentially the same order on most projects.

Facilitating Processes: Interactions among the other processes are more depending on the

nature of the project.

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Knowledge Areas

• The process groups help you organize the processes by the kind of work you do.

• The knowledge areas help you organize by the subject matter you’re dealing with.

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Process Area and Process Group interaction

Initiating Planning Executing Monitoring

& Controlling

Closing

Integration

Management

Scope

Management

Cost

Management

Time

Management

Quality

Management

Human Resource

Management

Communication

Management

Risk

Management

Procurement

Management

* Charter

* Develop PM Plan

* Direct and Manage

Project Execution

* M & C work

* Integrated Change

Control

* Project Closure

* Requirement Collection

* Scope Definition

* WBS Creation

* Scope Verification

* Scope Control

* Activity Definition

* Activity Sequencing

* Estimate-Effort, Resource

* Schedule Development

* Schedule Control

* Cost Estimation

* Cost Budgeting

* Cost Control

* Quality Planning * Perform Quality

Assurance

* Perform Quality

Control

* Human Resource

Planning

* Acquire Project Team

* Develop Project Team

* Manage Project Team

* Communication

Planning * Info distribution

* Manage Stakeholder

expectation

* Performance Reporting

* Risk Planning

* Risk Identification

* Quantitative Analysis

* Response Planning

* Risk M & C

* Plan Procurement * Conduct Procurement * Administration of

Procurement

* Procurement Closure

* Identify & Analyze

Stakeholder

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Customizing Process Interactions

The processes identified and the interactions described in the Process Interactions section meet the test of general acceptance - they apply to most projects most of the time.

However, not all of the processes will be needed on all projects,

and not all of the interactions will apply to all projects

Project management team should identify and manage all the

processes that are needed to ensure a successful project

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Project Management System

The project management system is the set of tools, techniques, methodologies, resources, and procedures used to manage a project.

If a PMO exists in the performing organization, one of the functions of the PMO would typically be to manage the project management system, in order to ensure consistency in application and continuity on the various projects being performed.

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The Project Management Certification Exam

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Types of Questions in Exam

Situational Questions

Questions with two or more right answers

Questions with extraneous information

Out of the blue questions

Questions where understanding is important

Questions with new approach to known topic.

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Format of the PMP Exam

Computer based exam conducted in Prometric centers.

200 multiple choice questions to be answered within 4 hours.

Exam is preceded by a 15-minute computer tutorial on the format of the exam.

Each question has exactly one correct answer. Most people find four hours to be more than sufficient for the exam.

Out of these 200 questions, 25 questions are research questions. These are randomly placed throughout the exam. These questions are not evaluated while computing exam results. You will only be evaluated on the basis of 175 questions.

On clicking the final submission button, the system will compute the results immediately and provide you with the Pass or Fail message. Do not forget to collect the result-sheet from the Examination center invigilator/coordinator

To pass the PMP examination, you must answer a minimum of 106 of the 175 scored questions correctly. Immediately on completion of the exam, the Prometric center will give you the provisional mark-sheet. The mark-sheet will give the breakup of the score by Process Area.

There is no negative marking in the exam. Unanswered questions are treated as wrong questions.

After clearing the exam, you will receive the PMP certificate by mail within 2 months. Examination scores are confidential.

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Distribution of Questions by Process Group in

the PMP Exam

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Topics Percentage of Questions

Initiation 11%

Planning 23%

Executing 27%

Monitoring & Controlling 21%

Closing 9%

Professional & Social

Responsibility

9%

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Project Management Ethics

Ethics, loosely defined, is a set of principles that guide our decision making based on personal values of what is “right” and “wrong”

Project managers often face ethical dilemmas

In order to earn PMP® certification, applicants must agree to PMI’s Code of Ethics and Professional Conduct

Several questions on the PMP® exam are related to professional responsibility, including ethics

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