project management

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project management

Project Management
© Marek Ł. Michalski, PhD, MBA
Faculty of Management
AGH University of Science and Technology
[email protected]
www.agh.edu.pl/MLMICHAL
rev. 2013.02.28
Outline

Introduction
Course Information
 Instructor & Students


Lectures
All slides & more will be available at:
www.agh.edu.pl/MLMICHAL
Marek Ł. Michalski 2013
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Course Information 1
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Lectures
Labs
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MS Project 2010/13 (English! free)
Bring your own laptop
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

(1 laptop / 1-2 students)
power & extension cord
DL
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1.
2.
3.
Attendance is req’d (“+”)
Individual tests & DL (60%)
Group (4? people) projects,
including presentations (40%)
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Primary textbooks:

PMBOK® Guide and Standards (4th Ed), Project Management
Institute (PMI), 2008
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Microsoft Project 2010 Step by Step, Microsoft Press 2010
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files: http://go.microsoft.com/fwlink/?LinkId=191765
Other resources:
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Microsoft Project Case Studies:
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http://www.microsoft.com/project/en-us/customer-success.aspx
http://ocw.mit.edu/courses/civil-and-environmental-engineering/1-040project-management-spring-2009/readings/
http://pmbook.ce.cmu.edu/
http://office.microsoft.com/en-us/project-help/getting-started-with-project-2010RZ101831071.aspx?CTT=1
To be continued…
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Instructor

Marek Ł. Michalski, PhD, MBA

research:
 management
& economics
 energy industry

recent book: Optimization of Investment
Decisions in the Electric Power Industry
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Students
Background?
 Experience in PM?
 Course expectations?

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L01: Introduction to PM

OUTLINE
1.
2.
3.
4.
PMBOK(R) Guide
What is a Project?
What is Project Management?
Relationships:
1.
2.
3.
5.
6.
Project Management,
Program Management
Projects and Strategic Planning
Role of a Project Manager
Organization environmental factors
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L01: Introduction to PM

Understanding Expectations:
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Who? What? Why?
Source: Portny S.E., Project Management for Dummies, Wiley 2010, p. 7.
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L01: 1.1 PMBOK Guide
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A Guide to the Project
Management Body of Knowledge
(PMBOK® Guide)
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
Recognized standard
For project management profession
established:
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Norms,
Methods,
Processes, and
Good practices.
source: PMBOK Guide - 4th Ed., PMI 2008, p. 3
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L01: 1.2 What is a Project?

temporary endeavor

definite beginning and end


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different from ongoing work which is
generally a repetitive process
not necessarily short in duration
to create
a unique product, service or result
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The end?
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When project’s objectives have been achieved or
When the project is terminated because
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
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its objectives will not or
cannot be met, or
When the need for the project no longer exists.
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A project can create:
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A product:
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a component of another item or
an end item in itself;
A capability to perform a service or
A result such as an outcome or document (e.g.,
knowledge).
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L01: 1.2 What is a project?



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
Great Pyramids
Great Wall of China
Manhattan Project
Apollo 11
New York City Subway
Human Genome Project
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L01: 1.3 What is project
management (PM):
5 Process Groups:
1.
Initiating,
2.
Planning,
3.
Executing,
4.
Monitoring and Controlling, and
5.
Closing.
source: PMBOK Guide - 4th Ed., PMI 2008, p. 6; Portny S.E., Project Management for Dummies, Wiley 2010, p. 15.
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management (PM):
PM typically includes:
1. Identifying requirements,
2. Addressing needs and expectations
of stakeholders,
3. Balancing competing constraints
including:
1.
2.
3.
4.
5.
6.
Scope,
Quality,
Schedule,
Budget,
Resources, and
Risk.
source: PMBOK Guide - 4th Ed., PMI 2008, p. 6.
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management (PM):
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If any one factor changes,

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at least one other factor is likely to be affected
E.g. if schedule is shortened:
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Increase budget or
Reduce scope
Because of the potential for change,
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the PM plan
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is iterative and
goes through progressive elaboration throughout the
project’s life cycle.
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L01: 1.4. Relationships:
Relationships: broader context in organizations…
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Portfolio: collection of projects to
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Program: group of related projects:
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Prioritize resource allocation
Align to organizational strategies.
E.g. firm’s profit maximization portfolio
Common outcome or collective strategy,
To get synergy.
E.g. multi component communications system.
Project Management Office (PMO) for PM:

Centralized and coordinated management of P.
source: PMBOK Guide - 4th Ed., PMI 2008, p. 9-11.
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L01: 1.4. Relationships:
Strategic Planning (Considerations)
 Market demand,
 Strategic opportunity/ business need,
 Customer request,
 Technological advance,
 Legal requirements.
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L01: 1.5. Role of a Project Manager:


Achieve project objectives
Skills:
1.
2.
3.
Knowledge (about PM)
Performance (ability to apply knowledge)
Personal (attitude, personality, leadership)
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L01: 1.6. Organization Environmental Factors
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Organizational culture, structure, processes,
Government or industry standards,
Infrastructure,
Existing human resources,
Marketplace conditions,
Stakeholder risk tolerances,
Organization’s existing communication channels,
Etc.
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TBC

…
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