Lect1 Project Basics

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Engr. Faisal-ur-Rehman

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Transcript of Lect1 Project Basics

Page 1: Lect1 Project Basics

Engr. Faisal-ur-Rehman

Page 2: Lect1 Project Basics

What is a Project?A Project is a job that has a beginning and an

end (time), a specified outcome ( scope) at a stated level of quality (performance), and a budget (cost).

orA project is a temporary effort to create a

unique product or service. Projects usually include constraints and risks regarding cost, schedule or performance outcome.

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What is a Project?A project is a temporary endeavor undertaken to

create a unique product or service.orA project is a one-time, multitask job that has

clearly defined starting and ending dates, a specific scope of work to be performed, a budget, and a specified level of performance to be achieved. As we can begin to sense, three key pop of these definitions:

A project is temporary. A project is unique. A project is the result of a multi-task job that

performs something specific (i.e. a goal). It is thus progressively elaborated.

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Project ManagementProject management is a set of principles, practices,

and techniques applied to lead project teams and control project schedule, cost, and performance risks to result in delighted customers.

The Project Management Institute has identified nine topic areas to define the scope of project management knowledge as follows: integration, scope, time, cost, quality, human resources, communications, risk, and procurement. Within each of these topic areas, there is a set of principles, practices, and techniques to help you manage project risks and capture opportunities for success.

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Project ManagementEfficient use of resources to complete a

project as designed, on time, at the desired level of performance, and within budget.

These project parameters are also called constraints

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ExampleDesign and construction of new buildingWorking on Final Year Project

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Project ParametersTimeScopePerformanceand cost..these are related to each otherSo C = f(P,T,S)

At any point, you can control only three of the four parameters because when one of the project parameters changes, at least one of the other parameter must change in response

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Project ParametersScope creep: Unplanned changes in project

scopeExperienced project managers have a formal

process of reviewing and approving changes to the project. The process is communicated to everyone involved with the project to stave off creep

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Project Cycle

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Problem IdentificationAlso refered to as the concept stage or need

stage where the project is just a thoughtSomeone realizes that there is a problem in

search of a solutionor

An opportunity that the organization can take advantage of.

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DefinitionIn this stage, a person or group of people accurately

describes the problem (or, more positively, the challenge or opportunity) that the project is attempting to solve.

The definition stage is more often neglected, which helps explain why some projects fail.

The challenge of definition stage is to take the time to thoroughly describe the problem, beginning with naïve question: What is the problem we’re trying to solve?

Define the problem and its solution from the customer’s point of view.

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Project DesignDefine the project objectivesFinalize the project scopeIdentify project activitiesBreak each activity into logical componentsAssign resources andCreate estimates for time and costs

Go/no go stageOutcome is project budget and timelineDecides the success of the project

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DevelopmentYou expand the resources according to the

project plan to complete the activities specified in the project design

Quality assurance and communication skills are vital

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ImplementationField testing and measurementProduct is modified or re-engineered

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EvaluationReview of a projectReports and personal experience with the

projectIndentify areas to improve

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ReferenceMastering Project 2000, Gini Courter and

Annette Marquis-ISBN 81-7656-244-0 (First Chapter)

http://www.hyperthot.com/project.htmhttp://en.wikipedia.org/wiki/Project_managementhttp://www.suite101.com/course.cfm/17517/

seminarhttp://www.netmba.com/http://www.gezabottlik.com/usc_courses.html