10152021 1 Geo Brown Bus 1040 Project management

10/15/2021 1 Geo. Brown. Bus. 1040. Project management - Week 2 Instructor: Fred Pentney

Project success definition Ú On time Ú On budget Ú High quality-functionality and performance Need to maintain equilibrium Verzuh. P 17 -18. 10/15/2021 2

Project success-characteristics Ú Goals- agreement from Cust, team, & mgt. Ú Plan indicating path and responsibilities Ú Effective communication Ú Scope controlled Ú Management support Ú Verzuh. P 7 -8 10/15/2021 3

P. Mgt. Functions-interactive Ú Definition. Purpose, goals and constraints these become the rules Ú Planning. Risk management, estimates, schedules Ú Controls. Continuous feedback to control scope creep, stay on schedule, maintain plan, satisfy stakeholders. Ú Verzuh P. 19 -21 10/15/2021 4

Project managerÚ Knows project management Ú Knows business management Ú Technical understanding-not expertise. Ú Strong leadership qualities Verzuh. P. 30 Ú Verzuh. P. 15 -17 10/15/2021 5

Project life cycle Ú Define Ú Plan Ú Execute Ú Close out Ú Verzuh. P. 22 -24 10/15/2021 6

Types of organization Ú Function driven Ú Matrix Ú Project oriented Program driven-related projects Product oriented 10/15/2021 7

Defining Ú Why are we doing this project Ú What are we going to do? ? Ú How are we going to do it? Ú Who is responsible for what? Ú Who has authority? Ú Who will we communicate with and how? The above will generate the rules for the project 10/15/2021 8

Stakeholders. Ú 5 different roles(can play one or more). 1. Customer-the person/party who pays 2. Sponsor-person ultimately responsible 3. Project Manager-who leads 4. Project team 5. Functional management P. 39 -49 Verzuh 10/15/2021 9

Rules come from the Statement of Work Ú Create a charter Ú Create a Statement of Work Ú Create a Responsibility matrix Ú Create a communication 10/15/2021 10

Review today 10/15/2021 11

Next week. 10/15/2021 12