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Explore the fundamentals of project management with a focus on project characteristics, phases, and constraints. Learn about project initiation, planning, execution, control, and closure. Understand project goals, scope, risks, and constraints in achieving success.
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Introduction to Project Management AthanasiosPodaras EconomicsFaculty Technical University of Liberec LIBEREC, 2015
CONTENT • WHAT IS A PROJECT • COMMON PROJECT CHARACTERISTICS • PROJECT PHASES – TRADITIONAL APPROACH • PROJECT INITIATION • PROJECT CONSTRAINTS (TIME, COST, SCOPE/ QUALITY)
Project Definition A project in business and science, is a collaborative enterprise, frequently involving research or design that is carefully planned to achieve a particular aim.[1] Projects can be further defined as temporary rather than permanent social systems that are constituted by teams within or across organizations to accomplish particular tasks under time constraints.
PROJECT CHARACTERISTICS • Project has a definite start and finish. • Project consists of a well-defined collection of jobs, activities, or tasks which when complete, mark the end project. • The jobs may be started or stopped independently of each other, within a given sequence. • The jobs are ordered – i.e., they must be performed in technological order. • Project should achieve specific goal • Projects are risky and involve uncertainties
PROJECT PHASES (LIFECYCLE) • INITIATION • PLANNING • EXECUTION • CONTROL • CLOSURE
Project Initiation • Project initiation is where all the necessary analysis is undertaken to allow the project to be planned. Initiating a project usually involves a considerable amount of work, and therefore expenditure.
Project Initiation • Project goals and objectives • Definition of problem and existing situation • Analysis of business processes that the project may affect • Critical success factors and initial measurements in order to judge the success in achieving goal and objectives (by comparing initial measurements with final measurements) • Details of the project scope in relation to the organization, functional areas and time as well as a statement about any related areas that are considered to be out of scope. • Identified risks and any constraints affecting the project (THREATS) • Definition of Opportunities • Definition about total budget