INTRODUCTION TO

PROJECT MANAGEMENT
• Course Handout
• https://youtu.be/gpgQ_o-gzs8
Delhi Metro finishes India’s longest urban tunnel
5.2 million man-hours were put in for the 2.85 km-long tunnel that goes from Talkatora Garden to Buddha Jayanti Park and is a part of the
22.7 km Airport Express Line
August 19, 2009 08:18 pm | Updated 08:18 pm IST - NEW DELHI
STAFF REPORTER
• https://centralvista.gov.in/new-parliament-building.php
• https://www.airport-technology.com/projects/kempegowda-international-airport-
terminal-2/
• What are the characteristics of these endeavours?
• Describe a project in which you have been involved.
• https://forms.gle/YbDqXpZpqqo7ovYy6
• Name some important project organizations in India.
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HOW PROJECT MANAGEMENT DEVELOPED

• Historical projects
• Tower of Babel
• Egyptian pyramids
• Great Wall of China

• The Manhattan Project

• Modern credit for the development of project management goes to the military
• Navy’s Polaris program
• NASA’s Apollo space program
• Development of “smart bombs” and “missiles”

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HOW PROJECT MANAGEMENT DEVELOPED

• Project management has found wide acceptance in industry

• It has many applications outside of construction
• Managing legal cases
• Managing new product releases

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PROJECTS TEND TO BE LARGE

• Projects tend to be large

• The Channel Tunnel, or Chunnel
• Denver International Airport
• Panama Canal expansion project
• Three Gorges Dam, China
• Kaleshwaram Lift Irrigation Project

• Projects are getting larger over time

• Flying: balloons  planes  jets  rockets  reusable rockets

• The more we can do, the more we try to do

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PROJECT MANAGEMENT ALSO GETTING SMALLER

• More people are seeing the advantages of project management techniques

• The tools have become cheaper
• The techniques are becoming more widely taught and written about

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THREE PROJECT OBJECTIVES: THE “TRIPLE CONSTRAINT”

• Also referred to as the “Iron Triangle”

• Time
• Cost
• Scope

• Time, cost, and performance are all related to a project

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DIRECT PROJECT GOALS: SCOPE, COST, TIME

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THE DEFINITION OF A “PROJECT”

• A temporary endeavor undertaken to create a unique product, service, or

result
• Modern project management began with the Manhattan Project
• In its early days, project management was used mainly for large complex
projects
• As the tools and techniques were developed, the use of project
organization began to spread

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MAJOR CHARACTERISTICS OF A PROJECT

• Three main
• Unique
• One-time occurrence
• Finite duration

• Other
• Interdependencies
• Limited resources
• Conflict

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NONPROJECTS AND QUASI-PROJECTS

• Routine tasks are not projects

• Ex: production of weekly reports, delivery of mail, etc

• Quasi-projects
• Scope, schedule, and budget are implied

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PROJECT SUCCESS

• Project efficiency
• Impact on the customer
• Business impact on the organization
• Opening new opportunities for the future

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PROJECT MANAGER

• Project manager is the key individual on a project

• Project manager is like a mini-CEO

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• Many job descriptions list the specific skills they require candidates to have. These skills can become
some of the terms that you use in your job search. Examples of these skills include:

• Coordination, or getting people and teams to work together. You may see responsibilities in job
descriptions such as “coordination of efforts to achieve project deliverable” or “coordinate internal
resources to ensure successful project completion.”

• Being a project manager is essentially managing the coordination of resources to achieve your end
goal. Coordination is one of the top skills a project manager should have, so searching for this term
can lead you to appropriate positions.

• Organization, or the ability to stay focused on different tasks. You may come across phrases like “solid
organizational skills, including attention to detail and multitasking skills” or something as simple as
“highly organized.” Organization is key to being a great project manager. We will discuss many ways
to sharpen this skill in the upcoming lessons.
• Leadership, or being able to lead a group of people. You may see phrases like
“strong leadership qualities” or “ability to lead” in job descriptions. A project
manager needs to display leadership in a number of ways, including effective
planning, efficient task coordination, inspiring team members, and key decision-
making. You are working on many of the skills needed to become a great leader
in this course!
• Take a look at the skills required for this position.The job description lists each of the
terms that we talked about or a variation of these terms.
• Synopsis
• "Out of 1,566 projects, 384 projects were having the cost overruns of Rs
4,66,874.46 crore which is 21.59 per cent of their sanctioned cost," a
quarterly report for January-March 2023 prepared by the ministry.
• As many as 384 infrastructure projects, each entailing an investment of Rs 150 crore or
more, have been hit by cost overruns of more than Rs 4.66 lakh crore in January-March
quarter, as per an official report. According to the Ministry of Statistics and Programme
Implementation, which monitors infrastructure projects worth Rs 150 crore and above,
out of 1,566 projects, 384 reported cost overruns and as many as 931 projects were
delayed.
• "Out of 1,566 projects, 384 projects were having the cost overruns of Rs 4,66,874.46
crore which is 21.59 per cent of their sanctioned cost," a quarterly report for January-
March 2023 prepared by the ministry.
However, it stated that with regard to the latest approved cost, 285 projects had
reported cost overruns of Rs 1,97,069.19 crore.
Further, it is noted that 259 projects are having both time and cost overruns.
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WHY PROJECT MANAGEMENT?

• The main purpose for initiating a project is to accomplish some goal

• Project management increases the likelihood of accomplishing that goal
• Project management gives us someone (the project manager) to
spearhead the project and to hold accountable for its completion

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NEGATIVE SIDE TO PROJECT MANAGEMENT

• Greater organizational complexity

• Higher probability organizational policy will be violated
• Conflict

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FORCES FOSTERING PROJECT MANAGEMENT

• Main forces in driving the acceptance of project management:

• Exponential growth of human knowledge
• Growing demand for a broad range of complex goods and services
• Increased worldwide competition

• All of these contribute to the need for organizations to do more and to

do it faster

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RECENT CHANGES IN MANAGING ORGANIZATIONS

• Consensual management
• Systems approach
• Projects are established in order to accomplish set goals

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PROJECT MANAGEMENT ORGANIZATIONS

• The Project Management Institute, founded in 1969, is the major project

management organization
• Grew from 7,500 members in 1990 to over 450,000 in more than 190
countries by 2017
• Other organizations
• Association for Project Management
• International Project Management Association

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PMI CERTIFICATIONS

• Project Management Professional

• Program Management Professional
• Portfolio Management Professional
• Certified Associate in Project Management
• PMI Professional in Business Analysis
• PMI Agile Certified Practitioner
• PMI Risk Management Professional
• PMI Scheduling Professional

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TRENDS IN PROJECT MANAGEMENT

• Achieving strategic goals

• Achieving routine goals
• Improving project effectiveness
• Virtual projects
• Agile Project Management

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THE PROJECT LIFE CYCLE

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TIME DISTRIBUTION OF PROJECT EFFORT

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