Fundamentals of Project

Management &
Entrepreneurship
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 1st lecture
of

Fundamentals of Project
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Management &
Entrepreneurship
prepared by
Fundamentals of Project Management & Entrepreneurship

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Fundamentals of Project management
The Definition and
Chapter I nature of project
management

The Definition and

01
Chapter II nature of business
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projects
02
Chapter III Stages of creation and
03 building business
projects
04
Chapter IIII Small business
projects
 Chapter I
Chapter Contents
Introduction The concept of
The concept and
project characteristics of
management. the project.
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How to become a The reasons for the

failure of the project The basic activities of project
good project
manager? and how to get the management.
project back on track
again
 1 Chapter Objectives
Statement of the most
important basic activities
Identify the concept of the of project management.
project and identify its
most important 感谢您下载包图网平台上提供的PPT作品，为了您和包图网以及原创作者的利益，请勿复制、传播、销售，否则将承担法律责任！包图网将对作品进行维权，按照传播下载次数进行十倍的索取赔偿！

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Explaining the most
characteristics. important reasons for the
failure of the project, and
determining how to get the
Accurately define the project back on track again.
concept of project
management according to Learn about some
different points of view. modern forms of
business projects in
Egypt.
 Introduction
As for those working
The Projects, in projects, whether in
are considered one of the
their evaluation, management
means of developing societies
or supervision of their affairs,
and organizations in a
they must have basic skills
balanced way, whether these
related to the selection The
projects are profitable or
project, its management and
service projects.
directing its resources

The philosophy
of the project stems from the
and that they
possess basic information
comprehensive development of
related to the purpose of the
individuals and organizations
project, its stages, how to
to raise energies.
plan, organize its elements,
and evaluate its activities.
 The concept and characteristics of the project
There have been many definitions of the concept of the project,
according to the background of the person as well as the purpose for
which the project will be established, and we will mention them, for
example, but not limited to:
 A project is a temporary organizational duty undertaken to
create a distinct product or service.
 A project is a set of interrelated actions carried out in an orderly
manner with a clearly defined starting point and end point so as
to achieve some specific outcome required to meet the strategic
needs of the organization at the present time.
 An integrated set of activities and operations that consume
specific resources, from which other returns, monetary or non-
monetary, are expected.
 The project is a goal to be achieved, with the involvement of
several parties within a specific framework, during a certain
period of time using limited means and requires the adoption of
appropriate methodology and tools.
The
Pr The application of knowledge,
skills, tools and techniques to
oj project activities to meet
project requirements

ec
All of the above can be clarified through
Figure (1):
t
 Figure No. (1)

Input limitations
-Needs -Time. -The cost. -The quality
-Desires -Value. -The environment
-Indirect effects

The project
Mechanisms
-Individuals. Output
-Knowledge and experience.
-Tools. -Finance resource. Satisfaction of needs
-Technology
 The Whatever the size of the project, it always has the
following components:
1. Specific outputs (products or outcomes).
2. Clear start and end dates, which are the start and end dates
of the project's work.
3. Specific estimated budgets, which are the amount of
funding, personnel, equipment, facilities and information
required.
 Figure No. (1)
Project Dimensions

limitations 1 2 Mechanisms
People -Knowledge and
-Time. -The cost. -The quality experience.
-Value. -The environment -Tools. -Finance resource.
-Technology
-Indirect effects

The
project
Input Output
-Needs Satisfaction of
-Desires needs

3 4
Figure (2) shows that each of the elements affects the other.
Increasing the required outputs may require an increase in time (late
end date) or more resources. Providing the completion date may
necessitate reducing the results achieved or increasing the project
expenses (to exceed the established budgets) by paying additional wages
to project workers, and within the framework of this three-part
definition of the project, you perform the work to achieve the desired
results.
 Figure No. (2)
The main elements of the project

The product
outputs and
outcomes

Resources Time table

Personnel, equipment, Start and end dates
records and information
The projects vary greatly in terms of shape and size.
Projects may be large or small:
1. The construction of a new subway line, which may cost more than one billion
dollars and take 10 to 15 years, is considered a project.
2. Preparing a report with monthly sales figures, which may take one day, is
considered a project.
The project may include a large number of individuals or only one person:
1. Training the 10,000 company workers on a new policy of affirmative action is a
project.
2. Rearranging furniture and appliances in your office is also a project.
The project may be formally or informally planned:
1. Some projects are included in the company's annual plan and need to agree on
everything that will be done, all the people that will be hired and all the resources
that will be utilized.
2. Some other projects are given to you orally, with no mention of budget or
additional staff, and you are expected to do whatever is necessary to finish these
projects.
The project may be followed up formally or informally:
1. On some projects, all hours worked are recorded on timesheets and all
money spent is identified separately in the company's financial system.
2. There are some projects, where no working hours are ever recorded and
any expenses are considered part of the company's operating budget.
Projects may be implemented for external or internal clients:
1. As it is legitimate to repair a part of a machine that your company sold to a
customer.
2. Writing an article for the company's internal newspaper is also a project.
The project may be defined by a legal contract or an informal agreement:
1. The contract signed between you and a customer to build a house for him
indicates the existence of a project.
2. An informal undertaking that you will introduce a new set of software to
your colleague's computer also denotes a project.
 Thanks
For
Listening