Introduction to project management

Seite 1

Understand the five project management process groups:

Initiating

Planning

Executing

Controlling and monitoring

Close

and the processes within each group:

49 processes - refer to diagram 1

10 knowledge areas

Integration

Score

Schedule

Cost

Quality

Resources

Communications

Risk

Procurement

Stakeholders

Seite 2

Recognize the relationships among project, program, portfolio, and operational management

A project

unique product, service or result.

temporary - has a beginning and an end

drives change in the organisation

create value - tangible (e.g. market share) or intangible (e.g. reputation)

initiated to

meet regulatory, legal or social needs

statisfy SH needs

create/improve something

implement change

A program - a group of related projects

A portfolio - manages programs, projects, and operations

Operational management - ongoing production of the goods/service created (out of scope of proj management)

Seite 3

Define a typical project lifecycle

The series of phases of a project from start to completion, i.e.:

Start --> planning --> executing --> completing

5 types of project lifecycles:

predictive (changes are carefully managed)

iterative - develop a project in repeated cycles

incremental - add functionality to product through a series of iterations

adaptive - agile

hybrid - combination of predictive and adaptive

Seite 4

Understand the function and importance of tailoring for different projects

Function of tailoring

PM chooses appropriate ITTOs to manage a project

Importance of tailoring

​​​​​​​Each project is unique

projects will have different constraints - e.g. schedule, cost, quality

Variables change between projects - e.g. SH needs, culture, governance