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Project Management Professional (PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI).
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Project Management Professional (PMP)
Project Management • The application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a defined project – balancing the following: • Scope, time, cost, and quality • Stakeholders’ expectations • Requirements (needs) vs. • unidentified requirements(expectations)
Project Management Context • Project Life Cycle defines: • Technical work performed in each phase • Who is involved in each phase • Project Phases can overlap – “Fast Tracking”
Characteristics of Project Life Cycles • Common Characteristics of Project Life Cycles: • Cost and Staffing levels are low at start and move higher towards the end • Probability of successfully completing project is low at beginning, higher towards the end as project continues • Stakeholder influence is high at the beginning and progressively lowers as project continues
Stakeholders • Individuals and organizations who are actively involved in the project • Often have conflicting expectations and objectives • In general, differences should be resolved in favour of the customer – individual(s) or organization(s) that will use the outcome of the project • Stakeholder management is a proactive task • Project Mangers must determine all stakeholders and incorporate their needs into the project
Stakeholders Can Be • Project Managers • Customers • Performing Organizations, owners • Sponsor • Team • Internal/External • End User • Society, citizens • Others: owner, funders, supplier, contractor
Organizational Systems • Project based vs. Non-Project Based • Project Based – derive revenues from performing projects for others (consultants, contractors),”management by projects” • Non-Project Based – seldom have management systems designed to support project needs (manufacturing, financial services)
Organizational Cultures and Styles • Entrepreneurial firms more likely to adopt highly participative Project Manager – accept higher risk/reward • Hierarchical firms less likely to adopt participative Project Manager – take fewer risks
Project Management Skills • General Business Management • Leading • Communicating • Negotiating • Problem Solving • Distinguish causes and symptoms • Identify viable solutions • Influencing Organization
About Us We are a group of professionals and experts in open-house and corporate Trainings and Consultation. Our area of expertise includes quality frameworks, practices & standards like ITIL V3, CobiT, ISO 20000, Six Sigma, PMP® etc.
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