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Clearing ALL Text FORMATTING in PowerPoint Slides. If you would prefer not to have any text bolding, underlining, or text colour in any of the slides, go to: OUTLINE pane Press CTRL + A to select ALL the text On the RIBBON, go to the HOME tab FONT group CLEAR ALL FORMATTING button.
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Clearing ALL Text FORMATTING in PowerPoint Slides • If you would prefer not to have any text bolding, underlining, or text colour in any of the slides, go to: • OUTLINEpane • Press CTRL + A to select ALL the text • On the RIBBON, go to the HOMEtab • FONT group • CLEAR ALL FORMATTING button
Week 3 Introduction to Project Management
Planning Projects “Planning is laying out the project groundwork to ensure your goals are met“
Purpose of Planning Process • It answers: • How are we going to SOLVE the problem • What RESOURCES are required • How much effort it requires • What are the DUE DATES
Project Plans • Are Not a Microsoft Project File • They are documents that: • Define SCHEDULE • Define RESOURCES needed • Project DELIVERABLES/MILESTONES
Project Deliverables • Are measurable outcomes or specific items that must be PRODUCED to fulfill the outcomes of the project. • All deliverables must be described in enough detail so that they can be differentiated from related deliverables. For example: • A twin engine plane vs a single engine plane • A daily report vs a weekly report
Project PLANNING Processes • Scope Planning • Specifies the IN-SCOPErequirements for the project and facilitates the creation of the WBS • Preparing a Work Breakdown Structure (WBS) • Specifies the breakdown of the project into tasks and sub tasks • Communication Planning • Communication strategy with all project stakeholders
DIFFERENT PLANNING STYLES TOP-DOWNplanning develops a project by identifying the highest-level phases before breaking them into lower-level components. Works from general to specific. BOTTOM-UPplanning develops a project by starting with lowest-level tasks before organizing them into higher-level phases or Summary tasks. Works from specific to general
Project Planning Processes Cont. • Project SCHEDULE Development • Specifies the entirescheduleof the activities detailing the sequence of execution • RESOURCEPlanning • Specifies WHO will do the work • Any special equipment or skills required • “Project Schedule Development” & “Resource Planning” are items which have to be inputted into “MS Project 2010” • RISKPlanning • Charts the risks, • CONTINGENCY plans: having an alternative course of action planned once a risk surfaces • MITIGATION strategies: minimizing risks once they arise; a form of “damage control”
Articulating Project Objectives • Specific (get into the details). • Measurable (use qualitative language so you know when you are finished). • Acceptable (Achievable) (to stakeholders). • Realistic (Relevant) (in terms of achievement). • Time bound (Time frame) (deadlines not durations)
smart goals Video http://www.youtube.com/watch?v=YmOS3dj9h0s
AFTER THE GOALS ARE DRAFTED, ASK YOURSELF: • Is this goal specific? • Are the resultseasily measurable? • Realistic? • Does my goal include a completion DATE? • If the answer is NO to anyof these questions, you have more work to do!!
SMART Goals Example • GOAL = Write A Long Essay • Specific: I will write my 15 page final paper for my Business class. • Measurable: I will report my progress in terms of pages completed per week. • Acceptable (Achievable): By completing 2 pages a day for 8 days, I will be able to finish my paper. • Realistic (Relevant): I cannot write a lot at a time, so I am spreading it out over time. • Time Bound (Time Frame): I will finish this paper in 8 days.
POORLY WRITTEN GOALS • Use words like…. • Try, could, should, possibly, hope, attempt, probably, might, maybe • These are Notspecific enough! • What will you DO? • Poorly written goals • Soon, in a few months, by the end of the year • YOU SHOULD PICK A DATE!
Project Requirements Requirements specify what the project deliverable should look like and what it should do. Divided into 6basic categories:
1) Functional Project Requirements • Describe the characteristicsof what you want your deliverable to be. • Example: • System shall provide users with the ability to “select”whether or not to produce a hardcopy transaction receiptbefore completing a transaction.
2) Non-Functional Requirements • Describe criteria that can be judged • Describe restrictions to be placed on the deliverable • Example: • All displays shall be in white 14 pt Arial text on black background.
3) Technical Requirements • Emerges from functional requirements • May include: • Hardware details • Telecommunicationprotocols
4) REGULATORY Requirements • Can be internal or external • Usually non-negotiable • Example: • All ATMs shall connect to “standard utility power sources within their civic jurisdiction”, and be supplied with uninterruptible power source approved by “said company”.
5) Business Requirements • Always from a management perspective • States “business rationale” for the project • Example: • By providing superior service to our retail customers, ABC Bank’s ATM network will allow us to increase associated service fee revenue by 10% annually on an ongoing basis, using a baseline of December 2011.
6) User Requirements • What users need to do with the system or product • Example: • The system shall complete a standard withdrawal from a personal account, from login to cash, in less than two minutes for a first time user.
Define WBS • PMI describes WBS as “a deliverable-oriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and createrequired deliverables.” • In our words: • A structured method for defining the work of the project
Sample WBS • WBS does not show the sequence • When creating, start with the goal and then break it down into smaller and smallerDELIVERABLES (MILESTONES) 1) Deliverables • define what you are going to do • Are Nouns 2) Activities • define how you are going to accomplish it • Activities are Verbs Activity Activity Activity Activity Activity Activity
Benefits of WBS • Identifiesall work necessary to meet the scope of the project • Clarifies responsibilities • Forces detailed planning and documentation • Provides structure for measuring success • IDENTIFIES MILESTONES
Milestones • Identifiable point that represents a requirement or completion of an important set of activities • Why use milestones? • Helps identify progress • Helps define “dependencies” • Provides visibility of major deliverable dates
Milestones vs Tasks • Milestones are what management &/or clients really want to hear about • Milestones are the large outcome of many little tasks. • Not necessarily have a DATE • Tasks are activities that need to be completed in order to make the milestone happen.
WBS • Comes from • Past projects • Templates and documents of procedures • System tutorials • Brainstorming • Subject Matter Expert (SME)
WBS does not show the sequence • When creating, start with the goal and then break it down into smaller and smallerDELIVERABLES (MILESTONES) • Deliverables (Milestones) • define what you are going to do • Are Nouns 2) Activities • define how you are going to accomplish it • Activities are Verbs
MS PROJECT 2010 A CALENDARdetermines how tasks and resources assigned to these tasks are scheduled A BASEcalendar can be used as both a TASK and PROJECT calendar and specifies default working and nonworking times for a set of resources A RESOURCEcalendar defines working and nonworking times for an individualworkresource. A TASK represents the actual individual work activities that must be done to accomplish the final goal of the project.
MS PROJECT 2010 cont. • A MILESTONErepresents a significant event reached within a project or imposed upon a project. • The duration of a milestone is 0day(s). • By default, a milestone is represented as a “BLACK DIAMOND”
MS PROJECT 2010 con The phases in a project are represented by SUMMARY tasks A PHASEis a group of closely related tasks that encompass a major section of your project. A PREDECESSORis a task whose start or end date determines the start or finish of another task or tasks.
WEEK 3 HYBRID • Read Chapter 2 • Complete ALLactivities required while reading Chapter 2 • Complete the Matching questions for Chapter 2 • Complete the Multiple Choice questions for Chapter 2 • Please note, you must complete Matching and Multiple Choice questions in an EXCELdocument. Please name the excel file: Chapter2_[yrLastName] • Name “Matching” workSHEET “worksheet M Chap2” • Name the “Multiple Choice”workSHEET: “worksheet MC Chap 2” • Provide the answers in the order as they are presented in the book.