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CHAPTER 1 (1)

The document outlines the fundamentals of project management, including definitions, characteristics, and the project life cycle, which consists of conceptualization, planning, execution, and termination. It emphasizes the importance of projects in business, driven by factors such as shortened product life cycles and the emergence of global markets. Additionally, it discusses the responsibilities of project managers and the significance of project management maturity models.

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© © All Rights Reserved
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0% found this document useful (0 votes)
2 views

CHAPTER 1 (1)

The document outlines the fundamentals of project management, including definitions, characteristics, and the project life cycle, which consists of conceptualization, planning, execution, and termination. It emphasizes the importance of projects in business, driven by factors such as shortened product life cycles and the emergence of global markets. Additionally, it discusses the responsibilities of project managers and the significance of project management maturity models.

Uploaded by

doniarunu
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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SBSD4083

PROJECT
M A N A G E M E N T
PREPARED BY:
DR. MOHD ZULFABLI HASAN
What do you think?

Scan to respond
through Padlet
LEARNING OBJECTIVES

01 02 03
Recognize the Understand why Understand and
basic project explain the project life
properties of management is cycle, its stages, and
projects, becoming such a the activities that
including their powerful and typically occur at each
definition popular practice stage in the project.
in business.
DEFINITION OF
PROJECT
A project is a unique venture
with a beginning and an end
(finite duration) , conducted by
people to meet established
goals within parameters of cost,
schedule, and quality .

-Buchanan & Boddy 92 -


PROCESS VS. PROJECT WORK

PROCESS PROJECT
• Ongoing, day -to-day • Take place outside the
activities to produce normal, process -oriente d
goods and services world
• Use existing systems, • Unique and separate
properties, and from routine, process -
capabilities driven work
• Typically repetitive • Continually evolving
EXAMPLES OF
PROJECT
ELEMENTS OF PROJECTS

One -time Limited by Developed to Focus to


CUSTOMER
process
COMPLEX
budget,
LIMITED resolve a
CLEAR GOAL customer
FOCUSED
schedule, and clear goal or need and
resources set of goals requirements
THE PROJECTS MANAGEMENT PROCESS
Define the
Calculate a project
to make sure specific activities
schedule and
that the plan that need to be
budget.
works performed.

The project Clearly define Graphically portray


management the project the activities in a
process means objective network diagram.
planning the
work and then
working the plan
ATTRIBUTES OF A
PROJECT
Has a well-defined Composed of a series of
objective interdependent tasks

Utilizes various Has a specific Has a


resources time frame customer

Involves a degree of Unique and


uncertainty (risks) one-off
MAJOR CHARACTERISTICS OF A
Project

Importance Interdependencies

Life cycle with a


Scope Conflicts
finite due date

Uniqueness Resources
WHY ARE PROJECTS
IMPORTANT?
Shortened product
01 life cycles

Economic period
marked by low 05 02
inflation Narrow product
launch windows

Emergence of 1ncreasingly
global markets
04 03 complex and
technical products
SBSD4083
PROJECT
M A N A G E M E N T

PART 2
Let's recap yesterday's lesson
THE PROJECT LIFE
CYCLE

01
Projects are “ b orn” when
a need is identified b y the
customer.

02 ect lif e cy cles vary in


Proj
length, from a few weeks
to sev eral y ears.

03 all p rojects formally


Not
go through all four p hases
of t he p r oj ect life cycle.
PROJECT LIFE CYCLE
Conceptualization - the development of the initial goal and technical
specifications.
Planning – all detailed specifications, schedules, schematics, and
plans are developed
Execution – the actual “work” of the project is performed
Termination – project is transferred to the customer, resources
reassigned, project is closed out.
PROJECT LIFE CYCLES
AND THEIR EFFECTS

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Phases of the Project Life Cycle
1

• The first phase involves the RFP

identification of a need, problem, RFP


RFP
or opportunity. 1. Statement of Work (SoW)
-scope
8. Format and Content of
Proposals
- Number of pages
2. Customer Requirements - Details about Costs

- Specification 9. Due Date for Proposals


– The need and requirements are usually written by -
-
Certification
Approvals 10. Evaluation Criteria

the customer into a document called a request for


-Experiences
3. Deliverables -Technical Approaches
- Reports -Schedule

proposal (RFP).
-Costs
4. Customer Supplied Items
11. Customer’s Funds
5. Type of Contract
- Fixed Price
- Time & Materials

6. Payment Terms
-Progress
-End of Project

7. Schedule of Completion
- Just a date
- Detailed schedule
Phases of the Project Life Cycle
2

• The second phase is the development of a


proposed solution to the need or problem.
– This phase results in the submission of a proposal.
– The customer and the winning contractor negotiate and sign a contract
(agreement).
Phases of the Project Life Cycle
3
• The third phase is performing the
project.
–Different types of resources are utilized

–Results in the accomplishment of the


project objective
Phases of the Project Life Cycle
4

• The final phase is terminating the


project.
–Perform close-out activities

–Evaluate performance

–Invite customer feedback


Project Success

✓ Project efficiency
✓ Impact on the customer
✓ Business impact on the organization
✓ Opening new opportunities for the future

Copyright © 2013 Pearson Education 25


Four Dimensions of
Project Success

01-26
Developing Project Management Maturity

Project Management Maturity (PMM) Models


⚫ Center for Business Practices
⚫ Kerzner’s Project Management Maturity Model
⚫ ESI International’s Project Framework
⚫ SEI’s Capability Maturity Model Integration

01-27
Project Manager Responsibilities

1. Selecting a team

2. Developing project objectives and a plan for execution

3. Performing risk management activities

4. Cost estimating and budgeting

5. Scheduling

6. Managing resources

01-28
Quadruple Constraint of
Project Success

01-29
Overview of the Project
Management

01-30
2 Minutes
Paper
SUMMARIZE THE
IMPORTANCE
POINTS IN
TODAY’S LECTURE
Find information regarding Project Management Maturity (PMM)
Models (i) Center for Business Practices, (ii) Kerzner’s Project
Management Maturity Model, (iii) ESI International’s Project
Framework, and (iv) SEI’s Capability Maturity Model Integration.

Create an infographic design of all models (PDF file), then give


your opinion about the best model.

Submit on e-elearning on 16 Oct 2023.


Only representative of each group need to submit.

** Your proposed project need to be completed by 16 Oct 2023


and present on 17 Oct 2023 (Tuesday)
THANK YOU

Q&A
COMMUNITY PROJECT’S DISCUSSION

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