Project Management Reviewer
Project Management Reviewer
Project Management
Reviewer 1. PROJECT TEAM
- made up of individuals from various areas and
Topic 1 departments within a company.
What is PROJECT?
Matrix Organization – a team structure with members
A project is a temporary endeavor undertaken from functional areas, depending on the skills required.
to accomplish a unique product or service with
a defined start and end point and specific Matrix – derived from the two-dimensional
objectives that, when attained, signify characteristics of this type of organizational structure.
completion.
A unique, one-time operational activity or * Vertical – the company’s normal organizational
structure for performing jobs.
effort.
* Horizontal – the special functional structure required
What can go wrong in a Project? by the project.
The major cause of project failure is not the Project Manager – most important member of the
specifics of what went wrong, but rather the project team. Often under greater pressure that the
lack of procedures, methodology and standards other team members.
for managing the project.
2. PROJECT PLANNING
- objectives must be clearly defined so the manager and
the team know what is expected.
History of Project Management
In 1917 Henry Gantt developed the Gantt chart Statement of Work – project scope. It is a written
as a tool for scheduling work in a job shops. description at the goals, work and time frame of a
project.
Modern project management began with the
Manhattan Project (circa 1943), which led to the Activity – the performance of an individual job at work
development of the atomic bomb. effort that requires labor, resources and time and that is
subject to management control or supervision.
In 1958, the Navy pioneered the use of PERT
network charts. Precedence Relationship – the sequential relationship of
activities in a project.
In 1970s, the military began the broad use of
project management software, as did the Network – where the precedence relationship is visually
construction industry. displayed in the form of a graph.
Elements of Project Planning
By the 1990s, virtually every industry uses some
form of project management. 1. Define project objectives.
2. Identify activities.
How Project Management Can Help?
3. Establish precedence relationships.
Single point of contact and accountability for
the overall success of the project 4. Make time estimates.
-Has been a popular project scheduling tool since its Probabilistic Time Estimates
inception and is still widely used today. -Probabilistic time estimates reflect uncertainty of
activity times. In the PERT-type approach to
-It is the direct precursor of the CPM/PERT technique. estimating activity times, three time estimates for
Slacks each activity are determined, which enables us
- is the amount of time an activity can be to estimate the mean and variance of a beta
delayed without delaying the project. distribution of the activity times.
Project Evaluation and Review Technique 2. The optimistic time (a) – the shortest possible
- activities are shown as a network of precedence time to complete the activity if everything went
relationships using activity-on-arrow network right.
construction.
-With PERT, multiple time estimates were used for each 3. Pessimistic times (b) – the longest possible time
activity that allowed for variation in activity times – to complete the activity assuming everything
activity times were treated as “probabilistic” went wrong.
Crash time
- is an amount of time an activity is reduced; crash cost
is the cost of reducing activity time.