Project Management

Chapter 1: Introduction to
Project Management
 -: Project :-
Hydro Power Plant
Project Manager: Mr. Mohan Bhargav
 What is Project?

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In one or two words.

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 What is Project?

• temporary

• unique product or service

• constraints and risks

• cost, schedule, or performance

 Defining Project

temporary
unique product or service constraints and risks cost,
schedule, or performance
 Defining Project

• The Project Management Institute (PMI) defines a project as “a temporary endeavor undertaken
to create a unique product or service. Projects usually include constraints and risks regarding cost,
schedule, or performance outcome.”
 Defining Project

• The Project Management Institute (PMI) defines a project as “a temporary endeavor undertaken
to create a unique product or service. Projects usually include constraints and risks regarding cost,
schedule, or performance outcome.”

• Project Types:
 Defining Project

• The Project Management Institute (PMI) defines a project as “a temporary endeavor undertaken
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to create a unique product or service. Projects usually include constraints and risks regarding cost,
schedule, or performance outcome.”

• Project Types: Give example of a project

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 Defining Project

• The Project Management Institute (PMI) defines a project as “a temporary endeavor undertaken
to create a unique product or service. Projects usually include constraints and risks regarding cost,
schedule, or performance outcome.”

• Project Types:

» Size

» Complexity

» Location

» Nature

» Deliverables
 Characteristics of a Project

Specific Purpose

U niqueness

Lifecycle

C onnected Activities

Specified Time

Interdependency
Project
 Project Management

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What is Management ?

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 Objectives of Project Management

Planning: Deciding what is to be done

Organising: Making arrangements

Staffing: Selecting the right people for the job

Directing: Giving instructions

Monitoring: Checking on progress

Controlling: Taking action to remedy hold ups

Innovation: Suggesting new solutions

Representing: Liaising with users

 Objectives of Project Management
Time Cost / Quality
Planning: Deciding what is to be done
Let us plan for very less
time
Organising: Making arrangements
Quality / Time Cost
Staffing: Selecting the right people for the job Let us put the best
people or more number
of people
Directing: Giving instructions

Quality Time / Cost

Monitoring: Checking on progress
Let us monitor closely

Controlling: Taking action to remedy hold ups

Quality Time / Cost
Let us control very strictly
Innovation: Suggesting new solutions

Quality Time / Cost

Representing: Liaising with users
Let us put lot of new
things
Poll – 1: A-Time B-Quality C-Cost D-None
2. Project Constraints
 Phases of Project Life Cycle

Project
Project Project Project Project
Monitoring
Initiation Planning Execution Closure
& Control
 Phases of Project Life Cycle

Project
Project Project Project Project
Monitoring
Initiation Planning Execution Closure
& Control
 Phases of Project Life Cycle

Project
Project Project Project Project
Monitoring
Initiation Planning Execution Closure
& Control

Does all projects follow this

process?
 Project Life Cycle Models Industry-specific PLC
• Linear • Construction PLC
• Incremental and iterative • R&D PLC
• Adaptive / agile • IT PLC
• Extreme for R&D projects – Waterfall model
– Agile model
Let us classify:
1. The client is not sure about the scope of the work and many time major part of project plan may
required lot of change.
2. The project is normal project like constructing a commercial project. But client would like to
proceed in phase manner.
3. Dr. XYZ is working on a project to develop a vaccine for COVID-19
4. L&T is executing one part of Mumbai-Vadodara Express Way on a end to end basis
5. The project plan will depend on the parameters available at the end of each phase of the project

Poll – 2: A-Linear B-Incremental C-Adaptive D-Extreme E-None

 Project Integration management

Activities in Project Integration Management

Develop Project Charter

Develop Project Management Plan

Direct and Manage Project Work

Monitor and Control Project Work

Perform Integrated Change Control

Close Project
 Roles in Project Management
• Executive Sponsor
• Project Sponsor
• Project Manager
• People Manager
• Delivery Manager
• Process Consultant
• Client / Customer
• Steering Committee
• Vendors
• PMO
• Team Lead
• Project Coordinator / Project Facilitator
 Responsibilities of a Project Manager

Acquiring resources
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Dealing with obstacles

Taking project decisions

Motivating team members

Negotiating with clients

Resolving conflicts

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 1. Role of Consultants in Project Management

Project Management Consultants are professionals with knowledge and experience that
assist organisations to improve their project programmme. The role of the project
management consultants is complex and requires deep understanding of the project.

Some of the major roles that Project Management Consultants are as follows:
• Help in achieving the desired return on investment: Consultants add value by using
their skills and expertise to help deliver an outcome while also mitigating the risks to
achieve a meaningful ‘return on investment’ to a client.

• Increase the speed of a project: Since consultants are already experienced and trained
they can engage promptly with the situation, and quickly become effective in the client
organisation.
 2. Role of Consultants in Project Management

• Provide expertise: Project Management Consultants provide expertise and leadership to

successfully complete a project.

• Maintain objectivity: Project Management Consultants are hired from outside the client
organisation and are thus, indifferent to organisation politics or culture. They provide a
fresh perspective to the team for project completion.

• Take accountability: Project Management Consultants are not only advisors but also
practitioners who take responsibility to manage a project or programme.
• Measure effectiveness: A P M consultant works with senior management in the client
organisation. He is granted some authority and credibility to effect significant changes
within the organisation to help the implementation and completion of a project.
 Project Management Body of Knowledge (PMBOK)

Ten knowledge areas that are recognised by P M B O K

Project Integration Management

Project Scope Management

Project Time Management

Project Cost Management

Project Quality Management

Project Human Resource Management

Project Communications Management

Project Risk Management

Project Procurement Management

Project Stakeholders Management

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