Project Management

"Project Management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. (PMBOK)

"Project Management is the planning, monitoring and control of all aspects of a project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance." (PRINCE2)

"Project Management is the art and science of converting vision into reality."

"Project Management is about delivering a product or service on time,  within allocated budget and according to customer defined quality and specification by a highly motivated project team"

 

Project Core Knowledge

Time, Cost, Quality, Motivation Project Management is the application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.

What to do ? Project Scope Management involves defining and managing all the work required to successfully complete the project.

When ? Project Time Management includes estimating how long it will take to complete the work, developing an acceptable project schedule, and ensuring timely completion of the project.

How much ? Project Cost Management consists of preparing and managing the budget for the project.

How good ? Project Quality Management ensures that the project will satisfy the stated or implied needs for which it was undertaken.

People & Motivation Project Human Resource Management is concerned with making effective use of the people involved with the project.

Understand & Be Understood Project Communication Management involves generating, collecting, disseminating, and storing project information.

Beware Project Risk Management includes identifying, analyzing, and responding to risks related to the project.

Partners Project Procurement Management involves acquiring or procuring goods and services that are needed for a project from outside the performing organization.

Know all and Apply Project Integration Management is an over-arching function that affects and is affected by all of the other knowledge areas.

 

 

Hierarchy of Projects:

Vision and Mission

Corporate Strategy

Portfolio

Program

Project

Stage

Phase

Step

Activity

Task

 

Project Manager's Hard Skills

1. Project Management Body of Knowledge (Core competency)

2. General Management (Plan, Lead, Organize, Control)

3. IT

4. Accounting

5. Finance

6. Marketing

7. Operations Management

8. Strategic Management

9. Consultancy

10. Human Resource Management

Project Manager's Soft Skills

1. Leadership Quality

2. Presentation skill

3. Communication skill

4. Negotiation skill

5. Problem Solving skill

6. Decision Making skill

7. Assertive skill

8. Influencing and motivation skills

9. Stress Management

10. Emotional Resilience

 Project Manager 's Characteristics (AIPM)

1. Leadership ability

2. The ability to anticipate problems

3. Operational flexibility

4. The ability to get things done

5. An ability to negotiate and persuade

6. An understanding of the environment within which the project is being managed

7. The ability to review, monitor and control

8. The ability to manage within an environment of constant change

 

	Project Management World
Bodies of Knowledge	PMI's PMBOK
	APM's APMBOK
	IPMA's ICB
	CRMP
Certification	PMI (PMP) - Project Management Professional
	IPMA (CPM) - Certificated Project Manager
	APM - Certified Project Manager
	AIPM (RegPM)- Registered Project Manager
	IDA/SGS (CITPM) - Certified IT Project Manager
Standards	PMBOK (ANSI/PMI 99-001-2004)
	ISO 10006
	Australian National Competency Standard for Project Management (BSBPM401 - 408)
	NASA Project Management
	DoD Project Management
	PRINCE2
Maturity	SEI's CMM
	PMM
	OPM3
	Harold Kerzner's Project Management Maturity Model

 

Project Management Proverbs

1. You cannot produce a baby in one month by impregnating nine women.

2. The same work under  the same conditions will be estimated differently by ten different estimators or by one estimator at ten different times.

3. The most valuable and least used word in project manager's vocabulary is "NO".

4. The more ridiculous the deadline, the more it costs to try to meet it.

5. The more desperate the situation, the more optimistic the situatee.

6. Too few people on a project can't solve the problem - too many create more problems than they solve.

7. You can freeze the user's specification but he won't stop expecting.

8. The conditions attached to a promise are forgotten, and the promise is remembered.

9. What you don't know hurts you.

10. What is not on paper has not been said.

11. No major project is ever installed on time, within budget, with the same staff that started it.

12. Projects progress quickly until they become 90 percent complete; then they remain at 90 percent complete forever.

13. If project content is allowed to change freely, the rate of change will exceed the rate of progress.

14. Project teams detest progress reporting because it vividly demonstrates their lack of progress.

15. How does a project get to be a year late? ..... one day at a time.

16. Plan the work, then work the plan.

17. If you fail to plan, then plan to fail.

18. If they know nothing of what you are doing, they suspect you are doing nothing.

19. If you haven't identified a risk, you are already taking it.

20. The first 90 percent of the task takes 90 percent of the time. The last 10 percent of the task takes the other 90 percent.