PROJECT MANAGEMENT

MODULE 1

Prepared By: Prof. Saurabh Patni, IIGI

WHAT IS A PROJECT?
vAn undertaking or venture to accomplish some objective or goal. vA temporary endeavour undertaken to create a unique product or service. vProject is a group of unique, inter-related activities that are planned and executed to achieve a certain goal. vActivities consume time & resources and are governed by precedence relationship.
Prepared By: Prof. Saurabh Patni, IIGI

TYPES OF PROJECTS
vPersonal Projects vLocal Neighborhood Projects vOrganizational Projects vNational Projects vGlobal Projects
Prepared By: Prof. Saurabh Patni, IIGI

PERSONAL PROJECTS
vPreparing for an Examination vPreparation for a Birthday Party vWedding in the House vPlanning a Family Vacation vBuilding a House vGETTING DREESED
Prepared By: Prof. Saurabh Patni, IIGI

LOCAL NEIGHBORHOOD PROJECTS

vSchool or College Functions. vConstruction of a garden or a small recreational club in the locality. vCleanliness Drive

Prepared By: Prof. Saurabh Patni, IIGI

ORGANIZATIONAL PROJECTS
vConstruction of a New Plant or a Building. vLaunching a New Product in the market. vPurchasing a New Machinery. vImplementing an ERP system.

Prepared By: Prof. Saurabh Patni, IIGI

NATIONAL PROJECTS
vLaunching a New Satellite in the Space. vConstruction of Dam or a Highway vLaunching a Literacy Campaign (School Chale Hum) vAnnual Budget
Prepared By: Prof. Saurabh Patni, IIGI

GLOBAL PROJECTS
vWar Against Terrorism vCampaign for Environmental Protection (Global Warming) vCampaign by UN (United Nation)

Prepared By: Prof. Saurabh Patni, IIGI

FEATURES OF A PROJECT
vWell defined collection of JOBS & ACTIVITIES vGenerally Non-Repetitive, and one time effort. vJobs are inter-related through Precedence Rule. vJobs are Independent. vJobs consume Time & Resources
Prepared By: Prof. Saurabh Patni, IIGI

FEATURES OF A PROJECT
vCoordination needed among different parties of interest. vConstant pressure of conformance of time, cost, performance.

Prepared By: Prof. Saurabh Patni, IIGI

PROJECT PARAMETERS
Constraints or Parameters to influence a Project. q SCOPE q QUALITY q COST q TIME q RESOURCES
Prepared By: Prof. Saurabh Patni, IIGI

RELATIONSHIP BETWEEN PROJECT PARAMETERS

RESOURCES AVAILIBILTY

COST

PROJECT SCOPE & QUALITY

TIME
Prepared By: Prof. Saurabh Patni, IIGI

PROJECT MANAGEMENT
vProject Management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific PROJECT and its goals and objectives.

Prepared By: Prof. Saurabh Patni, IIGI

SALIENT FEATURES OF ORGANISATIONAL PROJECT

v Uniqueness v Fixed Tenure v Non-Repetitive v Irreversibilty v Substantial Cash Outlay
Prepared By: Prof. Saurabh Patni, IIGI

SALIENT FEATURES OF ORGANISATIONAL PROJECT

v Multi Skilled Staff Requirement v Many Specialised Outside Agencies v Risk And Uncertainty v Review

Prepared By: Prof. Saurabh Patni, IIGI

PROJECT MGMT. & OTHER MGMT. DISCIPLINES

Operational & Functional Disciplines

PURCHASING

OPERATIONS

MARKETING

QUALITY

FINANCE

PROJECT MGMT

Prepared By: Prof. Saurabh Patni, IIGI

HR

PROJECT STAKEHOLDERS
v They are individuals & organizations who are actively involved in the project. q PROJECT MANAGER q CUSTOMERS q PROJECT TEAM MEMBERS q PARENT ORGANISATION q SPONSOR
Prepared By: Prof. Saurabh Patni, IIGI

PROJECT MANAGEMENT ENVIORNMENT

vManaging the day to day activity will not alone guarantee the success of the project. v There are several other environmental factors which influences a project. q Organizational Influence q Socio Economic Influence q Environmental & Legal Influence
Prepared By: Prof. Saurabh Patni, IIGI

ORGANIZATIONAL INFLUENCE
v The organizations can be business corporation, government organization, professional associations, research & development centers. v Major aspects that influence a project q Organizational System qOrganizational Structure q Organizational Culture & Style
Prepared By: Prof. Saurabh Patni, IIGI

ORGANIZATIONAL STRUCTURE
v PROJECT BASED ORGANIZATION
MANAGING DIRECTOR PROJECT A
MANUFACTURING PURCHASING FINANCE ENGINEERING

PROJECT B
MANUFACTURING PURCHASING FINANCE ENGINEERING
Prepared By: Prof. Saurabh Patni, IIGI

PROJECT C
MANUFACTURING PURCHASING FINANCE ENGINEERING

MATRIX ORGANIZATION
Manager Engineerin Manager Finance

GENERAL MANAGER

Manager Purchasin

Manager R&D Project Manager 1 Project Manager 2

Engineering Professionals

Finance Professionals

Purchasing Professionals

R&D Professionals

Engineering Professionals

Finance Professionals

Purchasing Professionals

R&D Professionals

Engineering Professionals

Finance Professionals

Purchasing Professionals

R&D Professionals

Project Manager 3

Prepared By: Prof. Saurabh Patni, IIGI

SOCIO ECONOMIC INFLUENCE ENVIORNMENTAL & LEGAL INFLUENCE

Prepared By: Prof. Saurabh Patni, IIGI

PROJECT DEVELOPMENT STAGES

Concept Development Planning Planning Execution Execution Close Close

FEASIBILITY STUDY
Prepared By: Prof. Saurabh Patni, IIGI

Generation of IDEAS Initial Screening Is the Idea Prima Facie Promising?

FEASIBILITY STUDY
NO
Terminate Conduct Technical Analysis

YES
Plan Feasibility Analysis Conduct Market Analysis

Conduct Financial Analysis Conduct Economic & Ecological Analysis Is the Project Worthwhile

NO

YES
Planning ProcessProf. Saurabh Patni, IIGI Prepared By: Terminate

Prepared By: Prof. Saurabh Patni, IIGI