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Introduction to Project Management: Key Concepts and Real-World Stories

This course covers project management fundamentals, the role of project managers in various careers, value of certification, and real project experiences. Learn what defines a good project manager and explore stories from the field.

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Introduction to Project Management: Key Concepts and Real-World Stories

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  1. Today’s Agenda1. Introduction2. Define Projects and Project Management3. Student Project Story4. Relevance of Project Management to Other Careers5. Value of Certification6. Other Project Stories From My Career7. Why This Class?8. Review Class Approach/Expectations9. Agenda for Next Class

  2. What is a Project? • - Can be in any industry and/or discipline, • - Creates a unique product/service (nothing else exactly like it), • - Clearly defined objectives (e.g. double revenue in one year), • - Defined beginning and end (temporary), • - Progressively elaborated as project is better understood • - Program Management, • Portfolio Management .

  3. What Defines a Good Project Manager?To be effective as a project manager you need to understand what needs to be achieved to meet the project requirements (objectives) and have the authority to make project decisions. A good project manager has relevant knowledge of: - products or services being addressed by the project, - project budget (people, equipment, etc.), and - project time frame.

  4. Janus Capital Group Student Project Project Objective: - Develop an internship program for the Project Management Office (PMO) employing five interns per year within three yearsInitial Project Stakeholders:- PMO VP- PMO ManagerProject Budget:- Four students for 10 hours a week for 16 weeks- Hitachi Consulting mentor 12 hours total- PMO Manager for 2 hours each week

  5. Janus Capital Group Project, cont. Key Lessons Learned:- Missed a key stakeholder - Needed additional outside expertise due to project changes- Authority to contact other Janus executives key to success- Janus employees actively engaged in the project- People/Communications key to project success not technology

  6. Are you a Project Manager even if you are not called one? Absolutely – Some other jobs that have project manager responsibilities include: • Engineer • Business or Systems Analyst • Teacher • Student • CEO • Sales Manager • Financial Analyst • Etc……

  7. Value of Certification - Why PMI Certification? www.PMI.org - Federal Government requires project managers are certified - Exam preparation focuses on definitions, best practices and other useful things (makes sense for an introduction to project management course) • Exam is situational • Used as a filter for many opportunities • Becoming a student of project management has made me a better project manager

  8. My Project Manager Stories! What I remember from school are the stories my teachers told. So here are a few of my own: - Bread Project – It’s only 2 cents more! - Leaving PW for Andersen (Wandering the Streets of Moscow) - Uncle Guilly’s to Starlite Diner (Mafia) - Russian Privatization Project – Katz, Harvard and PW

  9. Why This Class? • On a piece of paper, write a short answer to the question above. (No names please)

  10. Class Approach • See course syllabus in section “Course Overview” • Discussion

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