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What is a Project?

ke, projectingIT Ashish Dho


PRINCE2 Certication Program > Part I
Friday 5 October 12

presented by

in this presentation..
> What is project > How projects are different > What stakeholders expect > Using a method to manage a project

What is a Project?
Friday 5 October 12

www.projectingIT.com

Projects vs. Operations: Similarities


Both need people and money Both have limited resources Both require management

What is a Project?
Friday 5 October 12

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so what is the difference...?


One time activity Not done before Brings about a Change Deliver Products e.g Implement a CRM On-going Repetitive Brings about a Change Support Products e.g. Support a CRM

What is a Project?
Friday 5 October 12

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Managing Balance...
Profitability . Service Quality Productivity Customers.. SLAs

Compet ition Change s Survive Regulat o Technol ry o g y

Maintain Operations

Transform Operations

What is a Project?
Friday 5 October 12

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Why we do Projects?
Technology Change Product Development Solve a Problem

Legal

Process Improvement

Cost Saving

Restructuring

Non Profit

Internal

What is a Project?
Friday 5 October 12

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What is a Project?
A temporary organization that is created for the purpose of delivering one or more business products according to an agreed business case

What is a Project?
Friday 5 October 12

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Characteristics of a Project
Change

Uncertainty

Temporary

Unique

Crossfunctional

What is a Project?
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Characteristics => Change

> Projects are the means by which we introduce change > Projects are NOT business as usual

What is a Project?
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Characteristics => Temporary

Dened Start

Dened Finish
What is a Project?
Friday 5 October 12

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Characteristics => Cross-functional


customer
ts ys

Ar

ch

Us

ite

De

rs e

An

ct

ve

l op

al

er

s
Te e rs st

supplier

What is a Project?
Friday 5 October 12

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Characteristics => Unique

Different teams, different customer, different location .... there is something different and unique.

What is a Project?
Friday 5 October 12

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Characteristics => Uncertainty

The temporary, unique and cross-functional nature of projects introduces Risk


What is a Project?
Friday 5 October 12

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what do you need to manage a project?


t o do o se ... a pur p a ... and p e op le mm . . i s t. . .um l o ne y. rs e m of cou e l s e? Wh at

What is a Project?
Friday 5 October 12

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Project Management is ...

What is a Project?
Friday 5 October 12

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We manage Projects to ensure ...


the project remains justied the project delivers value for money the project objectives are achieved the project scope is understood by everyone the stakeholders are engaged the decisions are made by the right people at the right time the required resources and funding is available the project constraints are understood and managed plans are in place that can achieve the targets the risks are identied and managed the changes are monitored and controlled the lessons are captured and incorporated for improvements the products are delivered within agreed tolerances
What is a Project?
Friday 5 October 12

www.projectingIT.com

Programme Management
Collection of related projects that have common objectives and share resources for better management, control and coordination

MSP Managing Successful Programmes qualication is offered by APMG for Programme Management
What is a Project?
Friday 5 October 12

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Portfolio Management
Collection of projects and programs using optimal resource mix for delivery and to schedule activities to best achieve an organizations operational and nancial goals

What is a Project?
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Stakeholders
Anyone affected by, or can affect the project...

What is a Project?
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Stakeholders should be..


Manage

Inform

Stakeholders

Involve

Engage

What is a Project?
Friday 5 October 12

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Traditionally speaking... .......project management is managing Scope, Time and Cost

What is a Project?
Friday 5 October 12

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Project Performance Variables


Scope

Risks

Time

Benefits

Cost

Quality

What is a Project?
Friday 5 October 12

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Variables => Scope

WHAT will be delivered

What is a Project?
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Variables => Time

WHEN it will be delivered

What is a Project?
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Variables => Cost

What is the project budget


What is a Project?
Friday 5 October 12

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Variables => Quality

Fit-for-purpose products

What is a Project?
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Variables => Risk

What-If?

What is a Project?
Friday 5 October 12

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Variables => Benefits

Inc

ase re

ro f p

y sb it

5% 1

the project Outcome and Measurable Benets


What is a Project?
Friday 5 October 12

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so many projects fail...WHY?


Ad-hoc changes Poor estimation No visibility Late delivery Unclear objectives Lack of communication Resources Insufcient Funding
What is a Project?
Friday 5 October 12

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but can we do something about it?


Using a method that is based on the lessons and collective wisdom of experts that addresses the common project problems
What is a Project?
Friday 5 October 12

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Why use a Method?


> do it in an organized way > everyone knows who is doing what > avoid ad-hoc management and re ghting > bring consistency and predictability > to repeat success > improve continuously > better management control and direction > increased ownership and accountability

What is a Project?
Friday 5 October 12

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so do you know any such ... .....proven method that I can use? Certainly. I have heard about one that I can tell you about...

What is a Project?
Friday 5 October 12

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Find out yourself in our next part of this series

to be continued...

What is a Project?
Friday 5 October 12

www.projectingIT.com

Ifyouhaveanythingto ask,suggest.... pleasewritetome: ashishadhoke@gmail.com

What is a Project?
Friday 5 October 12

www.projectingIT.com

About projectingIT
ATO for PRINCE2, Agile and Earned Value 2000+ PRINCE2 delegates Trainings across countries Blended learning Specialists in project management Best pass rate Microsoft Project, Scrum, PMO and more.. www.projectingIT.com for more information
What is PRINCE2?
Friday 5 October 12

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