Triveni Gawali

Welcome PROJECT MANAGEMENT Project management is the practice of leading the work of a team to achieve goals and meet success criteria at the specified time. ➢ What is the project? • A project defines as a temporary endeavour undertaken to create a unique product, service, or result. The temporary nature of projects indicates that a project has a definite beginning and end. Project Management • Project management is application of knowledge, skills, tools and techniques to project activities to meet project requirements. • The objective of project management is to make the final deliverables in a finite time and budget Final stage of the project, where everything, including went wrong and what right all through the process is summed up The allocation of resources and making of the deliverables Project manager monitoring and controlling the working of the project Step for checking the feasibility and measuring the worth of the project It involves making a blueprint for achieving the project’s objectives ➢ There are six constraints of Project Management • Scope – Scope refers to the inputs provided to take the project from the first step to the last step. The scope determines the features, boundaries, budget and deadlines of the project. • Time – The schedule is a plan for performing a specific work within a particular time interval and achieving the desired objective. The schedule refers to the starting date, the finishing date, and duration of the project. • Quality – Quality refers to what a customer or stakeholder requires from the project deliverables. Quality includes processes and activities that are to be performed to meet the objectives and requirements for which it was undertaken. ➢ There are six constraints of Project Management • Cost – Cost refers to the process of estimating, allocating, and monitoring the funds needed in a project. There are actions taken now and then in the project to ensure that the project is on budget. • Risk – A risk is an unexpected event that can affect anything in a project, people, technology. Processes, or resources. Every project has a certain amount of risks, and to do a successful project. One must first identify that risk to deal with it efficiently. • Resources – Resources help in carrying out a specific task in a project in the best possible manner. Resources can be people, equipment, funds, facilities, or anything else that is needed to meet the project requirements. ➢ Why do we need to manage a project? ❖ Pros ❖ Cons • • • • • • • • • Efficient Goal Setting Improved Communication Greater Customer Satisfaction High Level of Expertise Accurate Risk Assessment High Costs Increased Complexity Communication Overhead Lack of Creativity ➢ Project Management Methodologies • Agile – It is used in the project which requires extreme feasibility and speed. It focuses less on documentation and more on satisfaction. • Scrum – It has interactive project management style. In srum work is done in session also known as “Sprints”. Here srum master facilitates the project instead of project manager. • Waterfall – This methodology based on traditional methods. Lot of emphasis is given on the documentation of the project. ➢ Project Management Methodologies • Critical Path – Step by step methods are done in this. It is best for the projects with interdependent tasks. • Program Evaluation and Review Technic – PERT is commonly use with CPM. It is suited for business which are planning for expansion. • Six Sigma – It is data driven project management technic. It focuses on waste production, process improvement and profit increment. ➢ Job roles in Project Management ➢ Project Management Certifications Thank You