Software Project Management (SPM) Lecture 2 3
Software Project Management (SPM) Lecture 2 3
Lectures 2 & 3
Programme Management
Reading Assignment
Software Project Management, Bob Hughes and Mike Cotterell, McGraw-Hill, 3rd Edition. Chapters 2
A Guide to the Project Management Body of Knowledge, PMI Publications, 3rd Edition, 2004 Chapter 4
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Goals What We Try To Avoid Software Project Manager Competencies Project Management Knowledge Areas Project Management Integration
Initiating Planning Executing Monitoring & Control Change Control Closing
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Goals
Planning, Organizing, Staffing, Directing, Monitoring, Controlling, Innovating, Representing.
Activities
Feasibility Study, Planning, Project Execution (Requirement Analysis, Specifications, Coding, Implementation/Installation, Maintenance/Support)
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Programme Management/Project Integration Management (in red PMIs 7 Project Integration Management Processes)
Initiating
Project charter Preliminary scope statement
Planning
Project Evaluation Technical Planning and Approach Selection Software Prototyping. Project Stakeholders, Life Cycle and Organizational Influence. Project Management Plan
Monitor and Control Project Execution Monitor and Control Project Work Change Control Close Project
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Project Charter
The Document That Formally Authorizes the Project. Issued by the project sponsor that can authorize the needed funding. Link the project to the ongoing activities of the organization. The Project Charter Will Follow:
Need Assessment, Feasibility Study, Preliminary Plan Selection Criteria ( Cost Benefit, Scoring Model Etc.) Expert Judgment ( Consultants, Professional and Technical Associations, Stakeholders, Etc.) Selection of Project Management Information System and Management Methodology Existing Process Methods in the Organization Enterprise Factors ( HR, Infrastructure, Company Culture, Etc.)
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Main Topics
Characteristics and Boundaries of the project Associated Products and Services. Methods of Acceptance Scope/Change Control
Detailed Content
Objectives, Requirements(functional, Quality, resource), Characteristics, Deliverables Acceptance Criteria, Constrains, Assumptions, Risks Organization, Milestones, WBS(work breakdown structure), Initial Cost Estimate Management Tools, Approval Requirements
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Project Evaluation
Objectives
Select Project against STRATEGIC, TECHNICAL and ECONOMIC criteria. Use Cost Benefit Techniques to choose a project among other projects proposals. Evaluate risks and strategies to minimize potential costs.
Cash Flow Forecasting (to secure funding) Net Profit Payback Period Return On Investment (ROI) - (Average annual profit/total investment*100) Net Present Value (NPV)
NPV = sum(PV) PV(t) = value in year t/(1+r) exp(t)
Internal Rate of Return (IRR) The percentage discount that will zero the NPV
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year income expenditure cash flow net profit payback period average annual profit total investment ROI NPV (10%) IRR
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0 0 50 -50 -50
2 50 20 30 -120
3 100 10 90 -30
Risk Evaluation
Identification and Ranking (importance, likelihood) Risk and NPV ( add risk factor to the discount rate) Risk Profile Analysis (change the risk factor and recalculate the costs. Evaluate the the sensitivity to the change. Focus on highly sensitive risks) Decision Trees Evaluate alternatives by multiply the probability of occurrence by expected cost to evaluate expected value.
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Technology Planning:
Object Oriented, Structured Programming, Application Builder, Automated Testing Tools, Etc. Parameters to consider: Data/Process Oriented, Standard Operating Environment (SOE), Product/Application Specific, Etc
Approach Selection:
Structured (e.g. OO) VS Rapid Application Development (e.g. Prototyping) Process Model: Waterfall VS V-Process VS Spiral Model Incremental Delivery
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Software Prototyping.
Classification: Throw-away, Evolutionary Advantages: Clarification of Partially Documented Requirements, Improve Communication, Improve Users Involvement, Reduce Needs for Documentation, Increase competence and Reduce Inconsistencies, Rapid Development Tool,Reductions of Changes Requirements during development Disadvantages: Additional Expense, Implies Development One Site, May weaken standards and control, Misunderstanding the role of prototyping by the users.
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Life Cycle
, .
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Value
time
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Perform activities and Spend funds to accomplish project objectives Train and manage team members Vendors selection and Management Implement Methods and Procedures Obtain and Manage Resources Create, Control and Verify Project Deliverables Manage Risks Manage Changes Report Project Status (cost, schedule, technical and quality progress, forecasting) Implement Improvement Activities and Lessons Learned.
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Compare actual project performance against project plan Monitor risks and appropriate actions needed. Monitor and Document On Going Project Products and Documentation Maintain Information Base in order to Provide Project Status Report, Progress Measurements and Forecasting Update Cost and Schedule Information Monitor Implementation of Approve Change Requests
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Change Control
Verify implementation of approved changes Review and Approve requested Changes Manage the Flow of Change Requests Control and Update the Cost , Budget, Schedule, Staffing and Quality Requirements based upon the Approved Changes. Coordinate Changes Across the Entire Project Document the Impacts Configuration Management Tools with Change Control:
Evaluation of the Value and Effectiveness of the Requested Changes. Communicate All Changes to Stakeholders Identify and Consider The Impact of Each Change to the Project
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Close Project
Administrative Procedure:
Stakeholders Approval Verify that the project met all the requirements and all the deliverables was provided and accepted. Completion and Exit Criteria have been met.
Final acceptance
Formal acceptance and handover of final product/service
Closure Documentations
Formal Acceptance Document Updates Project Files Project Closure Document (Completion, Transfer or Termination Reasons) Historical Information (Lessons Learned, Update Corporate Knowledge Repository for use in future projects)
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