...Phase 2 DB 1 MPM210-1404A-06 Project Management Overview Oct 15, 2014 Dr. G. Whenever something has to be accomplished or a project started, most people start thinking before they begin the project with an idea of how they are going to accomplish it. This can vary from the easiest ways to do it to the more complicated ways to how much it is going to cost. Whoever is paying for the endeavor is usually the one that comes up with the idea of what is to be done and a little about how it is going to be accomplished. In the project management world; this person would be called the sponsor and the person accomplishing the actual project details or making it happen would be the project manager. Here I will look at what is detailed in the project charter from the sponsor and the scope statement for the project manager. The project charter is very important because it details certain things for the project manager. The first thing it does is that it formally authorizes the work to be accomplished and gives the project his or her authority to do their job. The project charter will also describe the business need for the project and its expectations or results needed. This charter is usually written outside of the project manager team who can make sure the needs of the project are available for the project manager. Along with the charter, it may also include key assumptions or constraints that could affect the project schedule, budget or quality. It may also contain target...
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...Project Management Urayoan Rivera INF 410 January 13, 2014 Instructor: David Drys Project Management Project Management is a system that allows any project whether it is small, medium, or large in scale to be executed in the right way. We do know that there are factors either internal or external that may hamper a project. Projects can be hampered sometimes by bureaucracy from inside the company or by factors of third party providers. Those are things that a manager sometimes cannot help or avoid. However, the system of Project Management is more than effective. It will allow executing the project to a successful one. The benefits of project management are more than beneficial and allow having a project become cost effective and the system allows order, organization and a process than can be used in all aspects of an organization. Project Management is a system that “provides people with a powerful set of tools that improves their ability to plan, implement, and manage activities to accomplish specific organizational objectives (Larson & Gray, 2010)”. From this first definition, the understanding is that Project Management enhances the planning, implementation and management of a project or activity in order to reach its primary and ultimate organizational goal. Another definition of Project Management is “a results-oriented management style that places a premium on building collaborative relationships among a diverse cast of characters (Larson & Gray, 2010)”. In any...
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...* Table of Contents 1 Introduction 2 2 The meaning of “project” 2 3 Project stakeholders 4 4 Meaning of project management 5 5 Factors influence on project 5 6 Project management theory 6 7 Project Management Tools and Technique 7 7.1 Cost benefit analysis (CBA) 7 7.2 Gantt chart 8 7.3 Work breakdown structure (WBS) 9 8 Project management software (PMS) 10 9 TQM 11 10 Critical Path Method (CPM) 11 11 Management by Objectives 11 12 Conclusion 12 13 References 12 14 Bibliography 13 Appendix A : Nine Project Management Areas 14 Appendix B : Project lifecycle 17 Appendix C :Common project Management tools and Techniques 19 OVERVIEW OF PROJECT MANAGEMENT TOOLS AND CONCEPTS IN A HOSPITALITY & TOURISM ORGANIZATION Introduction Project management (PM) facilitates to a structured approach to managing projects for project managers. PM reduces risk and provides assurance by providing tools at the same time environment to plan, observe, track, and deal with schedules, quality as well as resource.PM can be applied into both soft and hard projects such as personnel projects, IT, construction, finance, sports, and event planning, HR etc. Project management gives advantages like; a. Better control of financial, physical, and human resources b. Improved customer relations c. Shorter development times d. Lower costs e. Higher quality and increased reliability f. Higher profit margins ...
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...MBP1133 | Project Management Framework Prepared by Dr Khairul Anuar L1 – The Project Environment www.notes638.wordpress.com 1 Lecture Topics 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Introduction Understanding Project Management Overview of Project Management Project Management according to PMBOK® Guide What is a Successful Project Management Benefits of Project Management Obstacles in Project Management Project Deliverables Project Stakeholders Defining Project Success Defining the Project Manager’s Role Project Scope and Product Scope Project Management Success Factors Project Management Failure Project Life Cycle Integrated Processes of Project Management Integrated Processes of Project Management 2 1. Introduction • PM started about 40 years ago in the US in the Department of Defense contractors and construction companies. • Today, the concept behind project management is being applied in such diverse industries and organizations as defense, construction, pharmaceuticals, chemicals, banking, hospitals, accounting, advertising, law, state and local governments, and the United Nations and even transitional planning for a new US president (Romney Readiness Project, in 2012), and NGOs/disaster relief organisation 3 4 2. Understanding Project Management • A project can be considered to be any series of activities and tasks that: Have a specific objective to be completed within certain specifications Have defined start and end dates Have funding...
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...TRIDENT UNIVERSITY INTERNATIONAL ITM 423: System Acquisition, System Development and Project Management Module 4: Project Planning, Scheduling, Budgeting & Risk Management Session Long Project May 2014 Term July 06, 2014 Assignment: Utilizing your assigned software and upon review of your previous steps so far, develop a more specific series of steps and plot them out relative to each other. Once complete, prepare a 2-3 page report summarizing your activities in the previous two steps– action definition and plan design Allocating and Distributing Resources in our Project Plan utilizing Basecamp Project Management Software For this assignment instead of utilizing our software to move in a new direction we’re tasked with taking a step back in order to allocate analyze our work we’ve done so far and then add some more detail by allocating and distributing our resources. This ties in directly with our Module objective of project planning, scheduling, budgeting and risk management. My assigned software is Basecamp and provides great assistance in developing an effective design plan. Previously, I had identified the people who will be involved in this design process and the beginnings of an implementation plan. To add a few specifics to the early phases I’ll need to re-evaluate and update this section and apply the lessons learned as the project moves through the life cycle process. In identifying the staff requirements and how well be able to obtain the necessary...
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...Brief Overview on Project Time Management Processes Posted on September 3, 2008 by Babou Srinivasan 2 Votes In Project Management, Time Management comes in first place with the project definition. If you see the definition of the project - A project is a temporary endeavor undertaken to create a unique product, service, or result. [1] “Temporary” is the key word used to show the importance of Time Management in Project Management. Developing & managing schedule is always challenging for a Project Manager. All activities should be completed within stipulated time to come up with unique result or service. This is what PMBOK says - “Project Time Management includes the processes required to accomplish timely completion of the project” Let us review the Time Management processes briefly: Project Time Management consists of 6 major processes. 5 of them are under Planning Process Group & 1 process comes under Monitoring & Control Process Group. Activity Definition: Identifying & Defining all specific activities that is needed to produce project deliverables (Planning Process Group) Activity Sequencing: Identifying dependencies between project activities and documenting the sequence in which they need to be executed to achieve the project output in time (Planning Process Group) Activity Resource Estimating: Resources are men, materials and machines that are required to execute different project activities. Determining what different type of resource required...
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...[pic] Financial Management Process© For [Project Name] 1 Introduction The Project Financial Management Process is followed after the initial project budget has been documented and approved during the Project Initiation phase of the Project Management Life Cycle. What is a Financial Management Process? A Financial Management Process is a method by which costs (or expenses) incurred on the project are formally identified, approved and paid. Typical types of costs include: • Labor (e.g. staff, external suppliers, contractors and consultants) • Equipment (e.g. computers, furniture, building facilities, machinery and vehicles) • Materials (e.g. stationery, consumables, building materials, water and power) • Administration (e.g. legal, insurance, lending and accounting fees). © When to use a Financial Management Process The Financial Management Process should be initiated after the expected Financial Expense Form has been created and approved during the Planning phase of the project. This process provides a mechanism for monitoring and controlling the actual financials of the project against those that were originally planned/budgeted. It important to formally track expenses throughout all phases of the project, otherwise, it may become impossible to accurately manage the project constraints of time, budget and quality. 1.1 Instructions Complete all sections of this form. If a particular section is...
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...Project Plan Project Name: Project Management Improvement Project Example Prepared By: Name1 - Project Manager Title: Project Manager Date: March 7, 2007 Project Plan Approval Signatures Project Name: Project Management Improvement Project Manager _______________________________________ __________________ (Signature) (Date) Name1 - Project Manager DoIT Project Manager Division of Information Technology – Systems Engineering and Operations Project Sponsor _______________________________________ __________________ (Signature) (Date) Name2 - Project Sponsor DoIT Process Manager Division of Information Technology – CIO Office Executive Sponsor _______________________________________ __________________ (Signature) (Date) Name3 - Executive Sponsor Associate CIO Division of Information Technology – CIO Office Document Change Control The following is the document control for revisions to this document. Version Number Date of Issue Author(s) Brief Description of Change V1.0 July 2005 Name1 - Project Manager Approved version. Definition The following are definitions of terms, abbreviations and acronyms used in this document. Term Definition CIO Chief Information Officer DoIT Division of Information...
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...MGT/437 Project Management Paper In the vastly changing business world, many organizations have found that it is important to implement project management into the organizational strategy. Environmental conditions like a hike in salaries, lack of borrowing power, increasing prices for raw materials, stockholder pressure, and inflation are contributors to the environmental condition. Executives in the past have ease the impact of environmental conditions by implementing cost reduction programs but have found that obtaining better control and better use of the organizations resources, and looking internally for solutions works best in solving organizational problems. What is a Project? A project is any planned set of interrelated tasks identifiable and essential pieces of a job serving as a unit of work that differentiates between the various components of a project. The interrelated tasks involved means completion within a fixed time, and maintained within the costs of an organizations materials, resources, time, and utility consumption, risks, and forgone opportunities of production and delivery of a good or service. A project requires functions lines of the organization to be multifunctional in successful completion of a project. What are the Basic Phases of the Project lifecycle and their purposes? The project lifecycle includes five basic phases. The first is the defining or conceptualization of a project phase. The objective of this phase...
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...Project Management 1. Discuss the primary function of a project plan. According to the Project Management Book of Knowledge, the project plan is "...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summarized or detailed." Therefore, the Project plan should document the scope, cost and schedule of a project. These 3 factors together comprise the triple constraint, so called because if any one of these factors changes, the other 2 factors must be adjusted to maintain the quality of the finished product. The project plan also outlines any assumptions about the project and serves as a communication tool amongst stakeholders. The stakeholders are defined as anyone who will be affected by the project. At a minimum, a project plan should answer the following questions: 1) Why-Why is this project being undertaken, what are the goals? 2) What-What work will be completed on this project? What is the scope of the project? 3) Who-Who will be involved in this project and what are their responsibilities? 4) When-What is the timeline, what are the milestones and when do they need to be accomplished? 2. List and describe the nine (9) categories of information needed in a project master plan. 1) Introduction-This...
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...© Her Majesty the Queen in Right of Canada, represented by the President of the Treasury Board, 2009 Catalogue No. BT53-15/2-2009E-PDF ISBN: 978-1-100-12901-3 This document is available on the Treasury Board of Canada Secretariat website at http://www.tbs-sct.gc.ca. This document is also available in alternative formats on request. Table of Contents Introduction 1 Authority Signatures 2 Executive Summary 3 Phase 1: The Strategic Context 4 1 Business Needs and Desired Outcomes 4 1.1 Strategic Environment 4 1.1.1 Organizational Overview 4 1.1.2 Business Need 4 1.1.3 Drivers for Change 4 1.1.4 Business Outcomes 4 1.2 Strategic Fit 4 1.3 Detailed Description of the Business Need 5 1.3.1 Problem/Opportunity Statement 5 1.3.2 Prioritized Requirements (High Level) 5 1.3.3 Assumptions 5 1.3.4 Constraints 5 1.3.5 Dependencies 5 1.4 Scope 5 1.4.1 Boundaries 5 1.4.2 Stakeholder Analysis 5 Phase 2: Analysis and Recommendation 7 2 Preliminary Options Analysis 7 2.1 Evaluation Criteria 7 2.2 List the Possible Options 7 2.2.1 The Status Quo 7 2.2.2 Describing the Option 7 2.3 Screening of Options 7 2.4 Rationale for Discounted and Viable Options 7 3 Viable Options 9 3.1 Alignment 9 3.1.1 Strategic Alignment 9 3.1.2 Alignment with Desired Business Outcomes 9 3.2 Costs 9 3.3 Cost-Benefit Analysis 9 3.4 Implementation and Capacity Considerations of Viable Options 9 3.4.1 Contracting and Procurement 9 3.4.2 Schedule and Approach 9 3.4.3 Impact 10 3...
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...Operations Management Operations management focuses on carefully managing the processes to produce and distribute products and services. Usually, small businesses don't talk about "operations management", but they carry out the activities that management schools typically associate with the phrase "operations management." Major, overall activities often include product creation, development, production and distribution. (These activities are also associated with Product and Service Management. However product Development is usually in regard to one or more closely related product -- that is, a product line. Operations management is in regard to all operations within the organization.) Related activities include managing purchases, inventory control, quality control, storage, logistics and evaluations. A great deal of focus is on efficiency and effectiveness of processes. Therefore, operations management often includes substantial measurement and analysis of internal processes. Ultimately, the nature of how operations management is carried out in an organization depends very much on the nature of products or services in the organization, for example, retail, manufacturing, wholesale, etc Sections of This Topic Include: Procurement (Purchasing) Practices This topic reviews guidelines for buying various materials from suppliers and vendors -- materials, including computers, services from lawyers, insurance, etc. Procurement (Purchasing) Practices Management Control and...
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...Project Plan Outline 1.0 Goals and Objectives This section presents a general description of the project along with any general or technical constraints and/or considerations. Please include the sub-sections below. 1. Project name 2. Business goals and project goals 3. Scope 4. Time and budget constraints 5. General and technical requirements 6. Training and documentation 7. Installation 2.0 Project Estimates This section presents a set of estimates for the completion of the project, including people, hardware and software. Please include the following sub-sections. 1. People costs a. Historical or researched data used for estimates (Requires annotation listing where you got this information) b. Salary requirements 2. Equipment costs (Requires costs for all hardware and software used. It is assumed that all hardware and software will be new). a. Hardware b. Software 3. Estimation techniques and results a. Process-based (use the format shown in section 1.2.1 of the lecture) b. Second method c. Triangulation results 3.0 Project Schedule This section presents an overview of project tasks and the output of a project scheduling tool. The following sub-sections should be included: 3.1 Project task list The tasks that have been selected for the project are presented in this section. 3.2 Task network Project tasks and their dependencies are noted in this diagrammatic form. 3.3 Timeline chart A project timeline chart (Gantt chart) is presented...
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...TABLE OF CONTENT (References > Table of Contents) TABLE OF CONTENT i DEDICATION ii ACKNOWLEDGEMENT iii INTRODUCTION 1 Project Overview 1 System Requirement – For Developer 2 System Requirement – For Server 3 USER MANUAL 4 System Requirement – For End User 4 Product Operating Guideline 5 CRITICAL EVALUATION REPORT 6 Product Evaluation 6 Project Evaluation 7 Personal Evaluation 8 CONCLUSION 9 REFERENCES 10 APPENDIX 11 Weekly Progress Report 11 Story Board 12 Gantt Chart 13 Design Project Accessories 14 LIST OF FIGURE (GAMBAR) (References > Insert table of Figures) Figure 12.1 Gambar .... 5 LIST OF TABLE (References > Insert Table of Figures) Table 1 3. system requierements 3 DEDICATION (TUJU PADA SAPA PENGHARGAAN) I DEDICATED THIS TO… ACKNOWLEDGEMENT (I LIKE TO SHOW MY THANKFUL OF THIS…) INTRODUCTION Project Overview Literature evaluating the interactive multimedia as a teaching method in secondary * Project Objective * Project Scope * Target User * - Demographics * - Psychographics * Sitemap * Flow Chart System Requirement – For Developer * Software Requirements * Hardware Requirements | | | | | | | | | | | | | | | | Table [ 1 ] 3. system requierements System Requirement – For Server * Your hosting USER MANUAL System Requirement – For End User * Software * Hardware * Masukkan gambar then tekan References > Insert...
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...Project Management PlanMerger & Acquisition Project for The Bag Co with ABC Leather Ltd Prepared by: MSc/ AdvDip Project Management Practices (2011 Batch) Students (Team -1) Marcus Ellenby Mohamed Abdurazak Myrka Freua Vivek Jha PROJECT MANAGEMENT PLAN Contents 1 Introduction .................................................................................................................................... 3 1.1 Objectives................................................................................................................................ 3 1.2 Vision Statement..................................................................................................................... 3 1.3 Key Milestones and KPIs ......................................................................................................... 4 2 Project Organisation ....................................................................................................................... 5 3 Project Roles and Responsibilities .................................................................................................. 5 3.1 3.2 Work Breakdown Structure .................................................................................................... 6 3.3 Organisation Break down Structure........................................................................................ 6 3.4 4 Work Details......................................
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