Transcription of Project Management – The Basics
1 What is a Project ?A temporary endeavor undertaken to create a unique product, service, or result What is Project Management : The application of knowledge, skills, tools, and techniques to Project activities to meet Project requirements. Project Management consists of five interacting process groups defined as:INITIATING Authorize the Project , develop Project Charter, assign Project ManagerPLANNING Document scope, business requirements, tasks, schedules, costs, risks, staffing needsEXECUTING Coordinate people and resources to carry out the plansMONITORING & CONTROLLING Monitor progress and revise the plan(s) as necessaryCLOSING Formally accept the Project deliverables and close the projectMonitoring and Control processesare applied throughout Initiating, Planning, Executing, and Closing phases of a (PLAN), Executing (DO), Monitoring & Controlling (CHECK & ACT) is an ongoing cycle from the initiation to the closing of a Project .
2 Benefits of Project Management : The Management and mitigation of risk by applying proven, well-documented repeatable processes to deliver quality product, service and/or results within the established scope, on time and within budget. Other benefits include: clear objectives and completion criteria, improved communication and customer satisfaction, staff time is spent on priority efforts, accurate reporting to executive staff, and reduces team stress across multiple AnalysisDesignDevelopTes tImplementSystem DecommissionTransitionto M&OProject Management The BasicsSystem Development Life CycleKnowledge Area ProcessesProject Management Process GroupsINITIATINGPLANNINGEXECUTINGMONITOR ING & CONTROLLINGCLOSINGI ntegrationScope ManagementTime ManagementCost ManagementQuality ManagementHuman Resource ManagementCommunications ManagementRisk ManagementProcurement ManagementProject CharterProject Management Plan.
3 Formal Project ApprovalExecute Project Plan, Complete Work Packages or Tasks Monitor & Control Work,Change ControlReassess Plans, Corrective ActionFormal Project Closure, Lessons Learned, Archive Records,Release StaffScope Planning, Definition, & Work Breakdown Structure (WBS)Scope VerificationScope ControlActivity Definition, Sequencing, Resource Estimation, Duration Estimation, & Schedule DevelopmentSchedule ControlDevelop Budget, Cost Estimating & BudgetingCost ControlQuality Management PlanQuality AssuranceQuality ControlAssign Project ManagerHuman Resource PlanningAcquire and Develop the Project TeamManage Project TeamPlan Communications ManagementManage CommunicationsControl CommunicationsRisk Planning, Identification, Analysis, & Response PlanningRisk Monitoring & ControlProcurement Plan,Plan Purchases, Acquisitions, & ContractingRequest BidsSelect VendorsContract AdministrationProduct Acceptance.
4 Contract ClosurePerformance AuditsContractor Evaluation (STD 4)Development Life CycleInitiationConcept DevelopmentPlanningReqmts. AnalysisDesignDevelopmentTestImple-menta tionM & OSystemDecom-missionPROJECT Management PROCESS MAP May 2013 Stakeholder ManagementIdentify StakeholdersPlan Stakeholder ManagementManage Stakeholder EngagementControlStakeholder Engagement
