SPM Lect 3
SPM Lect 3
Processes
Project Success Rates
The 2010 Standish Group Report Showed
significant Improvement in IT Project Success
Rates compared to 1995 stats:
◦ Time overruns: decreased to 63% compared to 222%
◦ Cost overruns were down to 45% compared to 189%
◦ Required features were up to 67% compared to 61%
◦ 28% of IT projects succeeded compared to 16%
Design Phase
Initiating Planning
Processes Processes
Implementation Phase
Initiating Planning
Controlling Executing Processes Processes
Processes Processes
Controlling Executing
Closing Processes Processes
Processes
Closing
Processes
PMI: Initiating Process
Inputs Outputs
◦ Project Description ◦ Project charter
◦ Strategic plan ◦ Project Manager
◦ Project Selection assigned
Criteria ◦ Constraints
◦ Historical Information ◦ Assumptions
PMI: Planning Process
maintaining a workable scheme to accomplish the business need
that the project was undertaken to address
Scope Planning Risk Planning
Scope Definition Schedule Development
Activity Definition Quality Planning
Activity Sequencing Communications
Planning
Activity Duration Organization Planning
Estimating Staff Acquisition
Resource Planning Procurement Planning
Cost Estimating Project Plan
Cost Budgeting Development
PMI: Executing Process
Coordinating people and other resources to carry out the plan
Information
Project Plan
Distribution
Execution
Solicitation
Scope Verification
Source Selection
Quality Assurance
Contract
Team Development
Administration
PMI: Controlling Process
Ensuring that project objectives are met by monitoring and measuring
progress and taking corrective measures when necessary
Overall Change Performance
Control Reporting
Scope Change Risk Response
Control Control
Schedule Control
Cost Control
Quality Control
PMI: Closing Process
Formalizing acceptance of the project or phase and
bringing it to an orderly end
Administrative
Closure
Contract Close-out