Project Management PTC-Lecture 1
Project Management PTC-Lecture 1
Project Management
Project Management Methodologies
Definition: “create”:
◦ A product that can be either a component of another item or an end
item in itself,
◦ A capability to perform a service (e.g., a business function that
supports production or distribution), or
◦ A result such as an outcome or document (e.g., a research project
that develops knowledge that can be used to determine whether a
trend is present or a new process will benefit society).
What is a project?
Definition – “unique”
Every project creates a unique product, service, or result.
Why?
Because organizations are open systems. They have to respond to both
internal and external changes
To meet their development agenda
To satisfy customers
To survive
To solve problems and grab opportunities
Operational Work
In other cases project manager may be one of the several project managers
who report to a portfolio or a program manager that is ultimately responsible
for enterprise wide projects . In this type of structure, the project manager
works closely with the portfolio or program manager to achieve the project
objectives
Project Manager Skills
Skills every good project manager should have:
Integration Skills
Communication skills
Planning and Organizational skills
Leadership Skills
Team Building and Motivational Skills
Budgeting Skills
Conflict Management Skills
Negotiation and Influencing Skills
Political and Cultural Awareness
PM Skills
Communication Skills
◦ Written and oral communication skills are
the backbone of all successful projects.
◦ Takes on many forms of communication –
project documents, meeting updates, status
reports etc
◦ Must be explicit, clear, and complete (so that
the audience has no trouble understanding
what has been communicated)
PM Skills
Planning and Organizational Skills
◦ Probably the second most important skill
◦ Must be able to record, track and locate
information at a moments notice - including
memos, project reports, personnel records,
vendor /supplier quotes contracts etc.
◦ Organize events e.g. meetings, workshops
◦ Put together and manage teams, media releases
◦ Prioritize and manage problems, the day, time
and interruptions.
PM Skills
Leadership Skills
◦ Leadership & Management are not
synonymous
◦ Leaders impart vision, gain consensus for
strategic goals, establish direction, inspire and
motivate others.
◦ Managers focus on results and are concerned
with getting the job done according to
requirements.
◦ PMs need to exhibit both
PM Skills
Team Building and Motivational Skills
◦ PMs rely heavily on their team
◦ The team members may or may not have worked
together
◦ The PM must set the tone and help them through
different team forming –stages
◦ Help the team to become fully functional
◦ Many times PMs are responsible for motivating
persons who do not report to them directly (ask
functional mangers to allow you to participate in the performance
reviews)
PM Skills
Budgeting Skills
◦ Establish and manage budgets and therefore need
some knowledge of finance and accounting
principles
◦ Need to perform cost estimates for budgeting
◦ To be able to read and understand vendor quotes,
preparing or overseeing purchase orders,
reconciling invoices
◦ Linking project costs back to project activities and
expense items
PM Skills
Conflict Management Skills (or Problem-
solving Skills)
◦ This is a Two-fold process
◦ Define the problem by separating the causes from the
symptoms
◦ Ask questions – is it external or internally based? A
technical problem? Inter-personal? Managerial? What are
potential impacts or consequences?
◦ Examine and analyze the situation causing the problem and
alternatives available
◦ The PM must make a decision – determine the best course
of action and implement the decision (not too late though).
PM Skills
Negotiation and Influencing Skills
◦ To be effective at problem solving – requires negotiating
and influencing skills
◦ Negotiating is working with others to come to an agreement
i.e. One-on-one or in teams
◦ Required in almost every area of the project – budgets,
contacts, resource assignments, scope definition
◦ Influencing is convincing the other party that one thing is
better than another
◦ Required that you understand the formal and informal
structure of all organizations involved.
Power and Politics -techniques used to influence people to
perform
PM Skills
Power and Politics
◦ Power –the ability to get people to do things that
they wouldn’t do otherwise. The ability to change
minds and the course of events and to influence
outcomes.
◦ Politics –involves getting groups of people with
different interest to cooperate creatively even in the
midst of conflict and disorder.
(Kim Heldman pg. 10)
PM Skills
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Thank You
1.5 Project Management and
Operations
Definition: Management
Operations are an organizational function performing the ongoing
execution of activities that produce the same product or provide a
repetitive service.
Examples:
Production operations, manufacturing operations, and accounting
operations, etc.
Key Points:
Though temporary in nature, projects can help achieve the
organizational goals when they are aligned with the organization’s
strategy.
Organizations sometimes change their operations, products, or
systems by creating strategic business initiatives.
1.5 Project Management and
Operations Management
Projects require project management while
operations require business process mgt. or operations management.
Projects can intersect with operations at various points during the
product life cycle, such as:
At each closeout phase;
When developing a new product, upgrading a product, or expanding
outputs;
Improvement of operations or the product development process; or
Until the divestment of the operations at the end of the product life
cycle.
1.5 Project Management and
Operations
Key Points: Management
At each point, deliverables and knowledge are
transferred between the project and operations
for implementation of the delivered work.
This occurs through a transfer of project resources to operations
toward the end of the project, or through a transfer of operational
resources to the project at the start.
Operations are permanent endeavors that produce repetitive outputs,
with resources assigned to do basically the same set of tasks
according to the standards institutionalized in a product life cycle.
Unlike the ongoing nature of operations,
projects are temporary endeavors.
1.7 Project Management Body of
Knowledge
The PMBOK Guide is the standard for managing most projects most
of the time across many types of industries.