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Project Management Concepts
1. PROJECT MANAGEMENT
Concepts and Cases
Certified Six Sigma Black Belt
Certified Project Management Professional (PMP)
BPM Practitioner
Jeremy Jay V. Lim
2. What is a Project?
What is Project Life Cycle?
What are Project
Management Processes?
Project Management Pillars
13. Keep in mind...
There's always a challenge in a project
Pushing too much in one direction causes
problems on the other.
It's called the "Project Constraints"
21. Project Life Cycle
Initiating Process Group.
Those processes performed to define a new project or a new phase of an
existing project by obtaining to start the project or phase.
22. Project Life Cycle
Planning Process Group.
Those processes required to establish the scope of the project, refine the
objectives, and define the course of action required to attain the objectives
that the project was undertaken to achieve.
23. Project Life Cycle
Executing Process Group.
Those processes performed to complete the work defined in the project
management plan to satisfy the project specifications.
24. Project Life Cycle
Monitoring & Controlling Process Group.
Those processes required to track, review, and regulate the progress
and performance of the project; identify any ares in which changes to
the plan are required; and initiate the corresponding changes.
25. Project Life Cycle
Closing Process Group.
Those processes performed to finalize all activities across all Process Groups
to formally close the project or phase.
30. PROJECT MANAGEMENT CORE PROCESSES
Or Knowledge Areas
Quality
Cost
Human
Resources
Communication
Project Risk
Procurement
Integration
Scope
Schedule
Stakeholders
35. Project Integration: "Getting the job done"
4.1. Getting the project charter approved to be authorized to control the budget and assign resources
4.2. Planning all of the work that's going to happen throughout the project
4.3. Directing the work once it gets started
4.4. Monitoring the way the work progresses and looking for potential problems
4.5. Looking out for changes, understanding their impacts, and making sure they don't derail the
project
4.6. Closing out the project and making sure that there are no loose ends when it's over
54. Behavior of Project Cost
BAC = total Budget needed when project is completed
55. Behavior of Project Cost (2)
EAC = estimated total cost that will be incurred when project is completed
ETC = estimated cost that will still be incurred until project is completed
87. And remember,
in each failed contracted service
there is a frustrated project manager
88. Procurement is an Intuitive Process
Plan what to contract
Plan how to contract
Contact Sellers re.
Requirements
Sellers bid for a contract
Select best Seller
Sign contract with Seller
Monitor adherence to
agreed contract
Close out Contract
93. Major Types of Procurement Contract
Fixed-Price
Cost-Reimbursable
Time & Material
Pay a fixed amount regardless of how much it costs the
contractor to do the work. This is applicable if the scope of work
is very much defined and fixed.
Contractor will reimburse incurred project cost. Applicable if
scope of work is defined as the project progresses
Contractor is paid based on agreed rates ex. Hourly rate, per
piece rate, etc. Applicable if the project timeline or contract
period is extendable or indefinite.