Strategy Project Planning Project management l l Project
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Strategy Project Planning
Project management l l Project management is the activity of planning and coordinating resources and tasks to achieve the project goals. Resources include people, equipment and spaces.
Project management l l Working on a project typically involves: • many people • many different tasks. Project Management guarantees: • Efficient use of time, • Monetary savings • high-quality
Work Breakdown Structure (WBS) l l The WBS is the hierarchical list of the project's phases, tasks and milestones • Phase: A group of related tasks that completes a major step in a project. • Task: An activity that has a beginning and an end. • Milestone: A reference point marking a major event in a project. Scope: The combination of all tasks, and the work required to accomplish them. Budget: The estimated cost of a project. http: //office. microsoft. com/enus/assistance/HA 011361531033. aspx#Step%201
Phase: A group of related tasks that completes a major step in a project. Task: An activity that has a beginning and an end.
Work Breakdown Structure (WBS) l The 100% rule • The rule applies at all levels within the hierarchy: the sum of the work at the “child” level must equal 100% of the work represented by the “parent” and the WBS should not include any work that falls outside the actual scope of the project, that is, it cannot contain more than 100% of the work Wilmer Arellano © 2010
Example
Research Project Example (Missing 100% rule)
Project Timeline/ Sequential Tasks l l Tasks are sequential when they are dependent on the output of another task. These because the dependencies impose a sequential order in which the tasks must be completed. We do not necessarily mean that the later task cannot be started before the earlier one has been completed
Project Timeline/ Parallel task l Two tasks are parallel when they are both dependent on the same task but are independent of each other.
Milestones l Examples: l Each Milestone should be explained with a sentence or two • Prototype Implementation. • Testing. • Documentation. • Demonstration.
PERT Charts (program evaluation and review technique) l PERT (program evaluation and review technique) charts explicitly represent both dependencies and timing. . Wilmer Arellano © 2010
l l Using the free option, install software from: http: //www. ganttproject. biz/ Follow the tutorial atl: https: //youtu. be/5 r. HCSa 5 ad 34
& Questions Answer s
- Traditional project management vs modern project management
- Software project management lectures
- Solicitation planning in project management
- Resource loading meaning
- Project management planning
- Writing a strategy
- Resource planning definition in project management
- Project planning and management lecture notes ppt
- Corporate strategy vs business strategy
- Transnational strategy vs global strategy
- Chase demand strategy
- Multidomestic strategy vs transnational strategy
- Aligning hr strategy with business strategy
- Porter’s diamond of national advantage
- Strategy executing process