Project ManagementOverview Ghazala Amin Lecture 7 Project Management

Project Management-Overview Ghazala Amin Lecture #7 Project Management and overview 1

Agenda • • • Introduction Meeting Objectives Project Oriented Industries Project Manager, Power and Authority PM Discipline Managing your Stake Holders Talk the Talk and Walk the Walk Communication Project Closure Project Management and overview 2

Why Project Management? A good and common project management knowledge platform will increase the likelihood of the project attaining its goal within time and budget. Project Management and overview 3

Three levels of Competency • I know • I can do • I can adapt to new situation Reference: Project Management 5 E 2011 Erik W Larson, Clifford F Gray Project Management and overview 4

Field of Project Management • The field of project management is growing in importance and at an exponential rate. • It is nearly impossible to imagine a future management career that does not include management of projects. • Résumés of managers will soon be primarily a description of the individual’s participation in and contributions to projects. Project Management and overview 5

Why Project Management Every social organization – whether working on service delivery or process issue, undertakes projects. Projects come in many forms and can range from the very simple to the very complex. Every project is unique and presents unique challenges. Project Management is essential to manage projects. Project Management and overview 6

Project Oriented Industries • What do the following headlines have in common? – Lahore’s Metro Bus project – Apple’s new i. Phone hits the market – Citywide Wi. Fi system set to go live – Samsung’s new S 4 hits the market Project Management and overview 7

Project Oriented Industries • NASA and DOD (Department of Defense) • Construction, architecture, new product development • Financial Institutions – Banks, Insurance, Telecommunication • Manufacturing Units and Plants’ operation Project Management and overview 8

Project Manager’s Power and Authority • Authority – Right of an individual to make necessary decisions required to achieve his objectives or responsibility. • Power – Granted to an individual by the subordinates and peers over time and is a measure of their respect for the individual. – Builds credibility and respect in the profession. • Accountability – Acceptance of success or failure. • Responsibility – Assignment for completion of specific event or activity Project Management and overview 9

Talk the Talk and Walk the Walk • Knowing and using industry specific LINGO – Terms and terminology. • Award and Reward - Ensure every one understands the benefit of project completion on schedule and budget. • Use cultural influences to your advantage. Project Management and overview 10

Project Management Discipline Project A temporary endeavor undertaken to create a unique product or service Project Management The application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations Program A group of projects managed in a coordinated way to obtain benefits not available from managing them individually • Start and End date, allocated budget and available resources • Dedicated Stakeholders • Informed and Knowledgeable End user • Empowered Project Office personnel • Strict documentation • Change management and risk mitigating process • Estimation process for additional or in-scope deliverables • PLANNING, CONTROLLING AND MANAGING. Project Management and overview 11

The Functions of Project Management CONTROLLING Who judges results and by what standards? DIRECTING PLANNING Who decides what and when? Project Resources What are we aiming for and why? MOTIVATION ORGANIZING What brings out the best in people? What‘s involved and why? functions of general management equally 4 th ed. , p. 42. David I. Cleland / The Lewis basic R. Ireland, Project Management: Strategic Design and Implementation, apply to project management Project Management and overview 12

Introduction to Project Management • Project Management involves the following but is not limited to; – – – – – Change Management Communication Management Deliverables Management Human Resource Management Quality Management Risk Management Financial/ Cost Management Monitoring and Control Customer Relationship Management ……

Who is who in a Project? • Project Stakeholders are; – Individuals directly involved in project deliverables or – Individuals that are positively or negatively affected by the project • Project Stakeholders include; – Project Manager – Project Team Members – Donors – Government Agencies – Media – academia – Performing organization – Beneficiaries – End Users and many others 6/8/2021 4: 20 PM Project Management and overview 14 14

Project Stakeholders • Sponsor – Upper level management that provides guidance and controls effective use of customer’s money on the project • Performing Organization – Enterprise whose employees are most directly involved in doing the work of the project.

Stake Holder Communication Top Management Line Managers Other Projects Vendors Project Manager Project Team Members Project Management and overview The Customer Regulators Links -TBD 16

Stakeholder Communication • Stakeholders need to be tackled and dealt with carefully and their communication needs should be identified in the initial phase of the project. • Project Manager spends a considerable amount of time communicating and interacting with project stakeholders. • Project Managers always need to keep the project priorities clear during all these interactions and project meetings. Project Management and overview 17

Stakeholder Communication Major Types of Stakeholder Communication are; • Upward Communication: There is a need for concise and precise information to ensure informed and knowledgeable project sponsor. • Lateral Communication – Communication with customers and peer managers should be on need to know basis in a cordial environment to ensure their support when ever needed for project progress. • Downward Communication – Detailed project information with task oriented goals along with emphasis on timely execution should be provided and demanded from individual team members of the project. It is important for the project manager to explain the individual team member’s role in the ultimate success of the project and the program. This ensures accountability of every one involved in the successful delivery of the project. Project Management and overview 18

Stakeholder Communication Project manager should create an environment in which project stakeholders, contribute frequently and appropriately Project Management and overview 19

Project Manager : a coach and mentor The project manager’s leadership style should be matched to the developmental level of the project team and should move through successive steps of: • • Directing, Coaching, Supporting, and Delegating Project Management and overview 20

Project Manager • Project Manager not only leads and manages the project but helps the team with attaining SMART objectives for the project and the team. • S : Specific • M : Measurable • A : Attainable • R : Realistic • T : Time bound Project Management and overview 21