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Project Management-An

Introduction
• Organizing and managing resources to
complete a project within defined
scope, time, quality and cost
constraints
• Application of knowledge skills, tools,
and techniques
• Application of modern management
techniques and systems to the
execution of the project from start to
finish
• It is the ability to define, schedule and
assign project activities
Continu..
• to meet stakeholder needs and
expectations
• Project Management is
 Planning the project
• Planning 4 quality
• Planning for time
• Planning for cost

SMART
• Terms behind the letters
• There is no clear consensus abut precisely what
the 5 keywords means, or even what they
are, possible values are:
• S: Specific
• M: Measurable
• A: agreed, achievable, , attainable, assignable,
appropriate, actionable
• R: realistic, relevant, results, /results-focused,
results-oriented, resourced
• T: time bound, time framed, timed, time based,
timeboxed, timely, time bound, time- specific,
timetabled, trackable

Project management
activities
• Composed of several different type of
activities
• Planning the work or objectives
• Analysis and design of objectives and
events
• Assessing n controlling risk
• Estimating resources
• Allocation of resources
• Organizing the work
• Acquiring human and material
resources
• Assigning tasks
Conti..
• Controlling project execution
• Tracking and reporting progress
• Analyzing the results based on the
facts achieved
• Defining the products of the project
• Forecasting future trends in the
projects
• Quality management
• Issues

Characteristics of a projects
• Includes a start and end time
• Creates something new or
fixes/improves sth that already
exists
• Proposes and supports change
temporary
• Performed by people and teams
• Constraints by resources
• Planned, executed, controlled
Knowledge areas
• Scope management
• Time management
• Cost management
• Quality management
• Human Resource management,
Communication management
• Risk management
• Procurement management
• Integration management

Human resource
• It includes the processes required to
coordinate the human resources on
a project.
• Functions
• Development of Human resource
plan Acquiring staff
• Measuring the Performance of staff
• Release of staff at the end

HR’s role in project
management
• HR executives can take the lead in
helping their organizations excel in
increasingly important project
work. Among other issues, they
need to ensure employees
understand the strategic relevance
of the specific projects and need to
create performance systems and
cultures that reward involvement
on project teams.
Role
• Current and future leadership-earlier
selected on the basis of financial
skills, now one who can translate a
broad strategic vision into
manageable projects
• Quality-, anticipate, clarify and
confront issues in and around the
project to ensure that the end
result will delight the customer. If
the customer's needs change, so
must the project plan.
role
• Current and future leadership-earlier
selected on the basis of financial
skills, now one who can translate a
broad strategic vision into
manageable projects
• Quality-, anticipate, clarify and
confront issues in and around the
project to ensure that the end
result will delight the customer. If
the customer's needs change, so
must the project plan.
Methodology Adds Value to
Human Resources
Management
• Planning
I. undertaking a feasibility study
II.conducting a cost and benefit analysis
III.setting expectations,
Progress tracking

• Done with various levels of formality,


involving weekly team updates
reports to stakeholders, baseline and
variance reports, and earned value
analyses
conti
• Project Closeout- Follow-through
when closing out a project is
critical, both to team motivation
and to anticipated marketing
efforts
Case-Study

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