290 likes | 412 Views
Project Management. Mani Subramanian. What is Project?. is a temporary endeavor with a beginning and an end. Delivers Unique Product, Service or result. Interesting facts of Projects. Only 34 percentage of Projects succeed. 46 Percentage of Projects are Cost over run.
E N D
Project Management Mani Subramanian
What is Project? • is a temporary endeavor with a beginning and an end. • Delivers Unique Product, Service or result.
Interesting facts of Projects • Only 34 percentage of Projects succeed. • 46 Percentage of Projects are Cost over run.
What is Project Management? Did you say? • People skills • Software
Project Management • The application of Knowledge, skills, tool and techniques to project activities to meet the project requirements. • It includes 42 Processes - 5 Process Groups - 9 Knowledge Areas • Who defines these processes? - PMI (Project Management Institute) - www.pmi.org
Project Knowledge Areas • Project Integration Management • Project Scope Management • Project Time Management • Project Cost Management • Project Quality Management • Project Human Resource Management • Project Communication Management • Project Risk Management • Project Procurement Management
PMI and its Roles • Project Management Institute • Roles • is one of the world's largest professional membership associations. • Has more than 600k members from 185 countries. • Defines standards for Project, Program and Portfolio managements.
What is Program Management? • Is group of related Projects. • Helps on • Decreased risk • Economies of scale • Improved Management
What is Portfolio Management? • Is group of Programs to achieve specific strategic business goal.
Role of Project Manager • Developing Project Management Plan and all related components Plan, • Keeping the project on track in terms of Schedule and budget, • Identifying, Monitoring, and responding to risk, and • Providing accurate and timely reporting of project metrics.
What we learned • Project, Program and Portfolio • Project Management • 42 processes overall, classified with 5 Process groups and 9 Knowledge Areas • Project Manager responsibilities • Project Constraints. • PMI (Project Management Institute)
Project is • A. It has a beginning and an end. • B. Managed by Project Manager. • C. Group of Tasks. • D. contains 1 or more team members.
Project is • A. It has a beginning and an end.
Group of related project is • A. Multi-project • B. Relational Project. • C. Program • D. Portfolio
Group of related project is • C. Program
How many process groupsin Project Management? • A. 2 • B. 9 • C. 5 • D. 15
How many process groupsin Project Management? • C. 5 They are • Initiating • Planning • Executing • Monitoring and Controlling • Closing.
How many Knowledge Areas in Project Management? • A. 9 • B. 5 • C. 1 • D. 12
Project Knowledge Areas • Project Integration Management • Project Scope Management • Project Time Management • Project Cost Management • Project Quality Management • Project Human Resource Management • Project Communication Management • Project Risk Management • Project Procurement Management