01 ProcessingFramework
01 ProcessingFramework
Process Framework
Definition of Project
Project Definition
Examples of Project
Building a Software
A Major Enhancement to the software
Filming a Motion Picture
Building a new office
Designing a new product or service
Creating an advertisement campaign
Creating a new process with a business unit
Moving from one building to another
Designing a space vehicle
Project vs Operation
PROJECTS OPERATIONS
Temporary Ongoing
Unique Repetitive
Project Constraints
Risk
Scope
Scope Cost
Budget PM Triangle
Quality
Resources
Schedule
Quality
Schedule
Source: A Guide to the Project Management Body of Knowledge, Fourth Edition (PMBOK Guide) 2008 Project
Management Institute, Inc. All Rights Reserved.
Process Groups
Project management processes have been bundled into 5 groups and these
groups are called project management process groups
Initiating
Planning
Executing
Monitoring and controlling
Closing
These process groups are common to most of the projects across various
domains construction, technology, IT, life sciences etc.
Process groups are different than the Phases
Process groups may overlap / repeat based on the activities in the project
Collect Requirements
Define Scope
Create Work Breakdown Structure
Define and Sequence Activities
Estimate Activity Resource Requirement and Duration
Creating Schedule
Estimate Cost and Determine Budget
Planning Human Resource, Quality, Communications
Identify, Analyze and Prepare Risk Response Plan
Planning Procurement
Level Planning
Processes
Of
Activity
Initiating
Closing
Processes
Controlling Processes Processes
Phase Phase
Start Time Finish
The project will have at least a beginning, intermediate and ending phase
The project life cycle defines the beginning and end of a project
Phase end reviews are also called phase exits, stage gates or kill
points
Project Stakeholders
Project Stakeholders
Communication Skills
Organizational and Planning skills
Budgeting Skills
Conflict Management Skills
Negotiation and Influencing Skills
Leadership Skills
Team Building and Motivating skills
Programs
Collection of related projects
Controls are implemented and managed in a coordinated way
Collective benefits are realized
Each project has a project manager
Portfolios
Collection of programs and projects
Projects meet a specific business goal or objective
Includes weighing the value of each project against the portfolios
strategic objective
Pankaj
Source: A Guide to the Project Management Body Sharma,Fifth
of Knowledge, 9810996356
Edition.
Process Framework