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Project Management (x470)

Project Management (x470). Module 01 : Foundational Concepts. Class Road Map. Session 1 Agenda. What is a Project?. Primary Objective. Temporary endeavor undertaken to create a unique product, service or result. $$$$$. Deliverable ‘n’. Stakeholder Satisfaction. Deliverable ‘d’.

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Project Management (x470)

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  1. Project Management (x470) Module 01 : Foundational Concepts

  2. Class Road Map

  3. Session 1 Agenda

  4. What is a Project? Primary Objective • Temporary endeavor undertaken to create a unique product, service or result $$$$$ • Deliverable ‘n’ Stakeholder Satisfaction • Deliverable ‘d’ • Deliverable ‘a’ Time

  5. Deliverable – What & Why • PROJECT OUTPUTS ARE PRESCRIBED BY ITS DELIVERABLES!

  6. Team Work

  7. Organizational Context of Project Management

  8. Why Project Management? Project Management (PMBOK Guide): The application of knowledge, skills, tools, and techniques to project activities to meet project requirements

  9. Stakeholders WHY Usually exert influence over the project’s objectives and outcomes Need to be identified, needs and expectations determined, managed and influenced to ensure a successful project WHO Individual and organizations that are actively involved in the project, or whose interest may be affected as a result of the project

  10. Stakeholder Satisfaction Items required by the stakeholder to successfully contribute to the project (ex.: resources, roles, information, …) What project “success” looks like to the stakeholder (ex.: Recognition, bonus, enhanced prestige, on-time, product feature, reports…) Stakeholder satisfaction largely depends on managing their needs and expectations.

  11. Stakeholder Management Stakeholder satisfaction largely depends on managing their needs and expectations.

  12. Stakeholder Satisfaction Exercise

  13. Nature of Project Management

  14. Team Work 20 minutes!

  15. Scientific Project Methodology Aspects

  16. Essence of Tactical Project Management Project management processes are for control and monitoring of product deliverables!

  17. Project Phase and Life Cycle

  18. Linear Project Life Cycle Model (PLCM)

  19. Steps for Creating Your Project Life Cycle

  20. Create the life cycle for your project Specify deliverables under each phase. Concentrate on product deliverables only. Lecture Completed: 1:45 PM Team Work (30 minutes)

  21. Project Manager Role

  22. Areas of Expertise Needed for Successful Project Management

  23. PMBOK Guide: Process Groups Knowing whatthe project is. Knowing wherethe project is.

  24. Project & Product Processes An inverse relationship exists between project and product process needs.

  25. LPLCM & Project Process Groups Mapping Knowing whatthe project is. Knowing wherethe project is.

  26. Bring 3x5 Post-It-Notes For Next Meeting

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