8 Mar Introduction to PM
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Transcript of 8 Mar Introduction to PM
BA 246: Project Management
Michael Robert Juadiong
! University of the Philippines
! Jollibee Foods Corporation
! L’Oreal Philippines
! Peking University HSBC Business School, Shenzhen
! British Embassy Manila
! Chartered Institute of Procurement & Supply
Syllabus
Syllabus
Informal 70%: Experience Learning in the workplace: doing the day job, trying something new e.g. project work i.e. using practical application
20%: Exposure Working with a coach, mentor or buddy; watching and learning from others
Formal 10%: Education Formal training and education
Course Assessment
Team Presentation on Case Studies 20%
Final Team Project
- Project Presentation 15%
- Written Project Plan 15%
Attendance, Class Participation, Questions during Presentations 20%
Exam 1 - Midterms 15%
Exam 2 - Finals 15%
Your Project Management Experience
What do you see?
Beer shipment is first commercial delivery by self-driving truck
! November 2016
! Autonomous Vehicle company Otto (owned by Uber)
! Truck drove >120 miles along an open highway without any driver for Anheuser-Busch (AB)
! Shipped 51,744 cans of Budweiser beer from Fort Collins to Denver to Colorado Springs, Colorado
Fort Collins to Denver to Colorado Springs
How it works?
! Professional driver drives when not on the highway
! On the highway, the truck autonomously controlled its own acceleration, braking, and steering while the driver monitored from the back
! Uses cameras, radar, and “Lidar” – works on the same principles as radar but uses light from lasers instead of radio waves
Benefits?
! Reduces road fatalities
! Would not replace a driver, but allows them to rest, even sleep, during long stretches of highway travel
! Would extend the number of productive hours they could work without compromising safety
! In effect, addresses driver shortages
Failed Project
! #chickensad
! Jollibee system migration – Oracle to SAP
! Outsourced to a large multinational IT service provider with no sizable local team
! Operating schedule of just a year
! PHP 500M for the new IT system
! Jollibee lost 6% of its sales for the first 7 days of August = PHP 92M
Source: Legaspi, C. August 13, 2014. rappler.com
What is a Project?
What is a Project?
“A temporary endeavor undertaken to create a unique product or service”
Project Management Institute, 2000
Characteristics of Projects
! Unique – done only once
! Specific deliverable
! Specific due date
! Resources – Time, Cost
Examples
! Security Guarding Services for the British Embassy Dubai
! Installation of CCTV
! Mechanical and Electrical Maintenance of the British Ambassador’s Residence in Manila
Other Common Characteristics of Projects
! Multi-disciplinary
! Complex
! Conflict
! Part of a bigger program
Other Common Characteristics of Projects
! Target outcome
! Defined life span
! Cross organizational participation
! Time, Cost, and performance requirements
Project Management
! The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements
! Accomplished through the appropriate application and integration of the five Process Groups ! Initiating
! Planning
! Executing
! Monitoring and Controlling
! Closing
Why is Project Management Important?
! Changing Technology ! Information Technology e.g. Cloud ERP ! Process Technology e.g. 3D Printing
! Intense Competition ! Globalization / Protectionism ! Rapid Regional Economic Development
! Demanding Customers ! Increased customer focus ! Shortened product life cycle ! Frequent Process Improvement
Amazon patents flying warehouse
Amazon patents flying warehouse
! “Airborne Fulfillment Center”, patented in the US would consist of a giant airship that remains at high altitude while drones collect packages from it to deliver to locations on the ground
! In December Amazon was reported to have made its first UK delivery by drone – of an Amazon Fire TV box and a bag of popcorn to an address in Cambridge
! The trial is limited to daytime deliveries during suitable weather, promising deliveries within 30 minutes
Why is Project Management Important?
! PMI president and CEO Mark Langley said: “Organizations that invest in proven project management practices waste 28 times less money because more of their strategic initiatives are completed successfully.”
Different Types of Projects
! Business expansion ! M&A ! Off-shoring / Re-shoring ! Globalization
! Process ! Construction ! Software development ! Engineering design ! Consulting ! Movie Production
M&A
! Alliance between PLDT and Globe to buy SMC’s telco unit on May 30, 2016 for ~PHP 70B
Different Types of Projects
! Product Development ! Product Design
! Process Design
! Process improvement implementation ! Kaizen, six sigma, ISO 9000
! Business Process Reengineering
! Layout design
! IT system implementation
Skill Requirements for Effective Project Management
! Conflict Resolution
! Creativity and flexibility
! Ability to adapt
! Good planning
! Negotiation – win-win
How do we define “Success”?
! What measures tell us that the project is successful or unsuccessful?
Project Constraints
! Scope
! Quality
! Schedule
! Budget
! Resources
! Risk
Triple Constraint
! Time
! Cost
! Performance
! Relative priorities!
End