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Welcome to Session 2 – Project Life Cycle

Project Management Certificate Program . Welcome to Session 2 – Project Life Cycle. Instructor: Phyllis Sweeney. Session 2 Learning Objectives. The student will be able to:. Understand key definitions Describe a project life cycle. Project Life Cycle.

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Welcome to Session 2 – Project Life Cycle

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  1. Project Management Certificate Program WelcometoSession 2 – Project Life Cycle Instructor:Phyllis Sweeney

  2. Session 2 Learning Objectives The student will be able to: • Understand key definitions • Describe a project life cycle Project Management Certificate Program

  3. Project Life Cycle Project Lifecycle: A collection of generally sequential phases whose names and number are determined by the control needs of the organizations involved in the project. (PMBOK) Phase: A collection of logically related project activities, usually culminating in the completion of a major deliverable. (PMBOK) Deliverable: Any unique and verifiable product, result, or capability to perform a service that must be produced to complete a process, phase, or project. Often used more narrowly in reference to an external deliverable, which is a deliverable that is subject to approval by the project sponsor or customer. (PMBOK) Project Management Certificate Program

  4. Project Life Cycle FEASIBILITY DESIGN PRODUCTION TURNOVER Project Management Certificate Program

  5. FEASIBILITY • Activities • Formulate Project • Complete Feasibility Study • Milestone: Go/No Go Decision Made • Deliverable? • Milestone: A significant point or event in the project, usually completion of a major deliverable. • Deliverable: Tangible, verifiable result • Are milestones deliverables or are deliverables milestones? Project Management Certificate Program

  6. DESIGN • Activities: • Develop Base Design • Baseline Cost and Schedule • Milestone: Contract Terms Completed • Can You Have More than One Milestone in a Phase? • Deliverable:?? Baseline: • Initially approved deliverable to which deviations will be compared to as the project proceeds. • PmBok: The original plan (for a project, or work package, or an activity), plus or minus approved changes. Project Management Certificate Program

  7. PRODUCTION • Activities: • Manufacturing of Materials • Delivery of Materials • Installation of Materials • Milestone: Facility Completed • Deliverable: ?? Project Management Certificate Program

  8. TURNOVER • Activities: • Finish Testing • Complete Testing Review • Milestone: Facility Turned Over to Owner • Deliverable: ?? Class Exercise: Making Breakfast What is the project lifecycle for making breakfast for 10 people for Saturday morning? (Use Yellow Stickies, if they help.) Project Management Certificate Program

  9. How to Identify Project Phases? • Major milestones • Time duration • Natural project timeouts – logical breaks • Work content and/or products • Organizational transitions Project Management Certificate Program

  10. Assignment #1: Project Lifecycle • 1. Assignment #1, due Session 3by 4:00 p.m. • Sent via email to sweeneyphyllis@hotmal.com • 3 Pages Maximum • 2. Organization (1 page) • Overview: • Organizational design (matrix, functional, etc.) • Project Environment/Descriptions: • Number of projects per year • Dollar value range • Typical project duration • Types of projects • Organizational Influences Project Management Certificate Program

  11. Assignment #1: Project Lifecycle • 4. Project Life Cycle Flowchart and Description (1-1/2 pages) • List at least 4 phases • List at least 3 activities per phase • List major deliverables • Identify major milestones (i.e. - Go/No Go) • No Bar Chart or CPM Schedules Project Management Certificate Program

  12. Project Lifecycle Template • Use the template as described above. Hint: • Activity = Verb + Noun • Milestone = Noun + Verb (past tense) • Deliverable = Noun Project Management Certificate Program

  13. Planning a Vacation – an Example Project Management Certificate Program

  14. Session 2 – Class Summary • Understand what a Project Lifecycle is • Be able to document lifecycle phases, activities, milestones, deliverables Project Management Certificate Program

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