Module 01: Project Management II

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PROJECT MANAGEMENT II

INTRODUCTIONEngineering with Business Administration (4th semester), 25th March 2011

Dr. Stefan Hagen


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LEARNING OBJECTIVES Students know the major concepts, models, and methods in project

management based on international PM standards.

Students know how to systematically initiate, plan, execute, control,and close projects.

Students have a solid foundation of PM models and procedures inthe area of New Product Development and Innovation.

Students know basic terms in international project management.

Stefan Hagen, 2011


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PROGRAM

Stefan Hagen, 2011

When? Who? What?

Fri, 25.3.2011 S. Hagen Introduction, Complexity, Basic Terms &Concepts

Sat, 2.4.2011 T. Fransilla MS Project

Sat, 16.4.2011 E. Gerlacher Project Management in Research &Development and New Product

Development, Multi-PM, Process Models ,

Case Study

Fri, 13.5.2011,Sat, 14.5.2011

M. Engelhardt PM Process Groups, Practical Use of PMMethodologies, Corporate Implementation

of PM, Case Study

Sat, 4.6.2011 E. Gerlacher Simple PM Methodology, PM Approaches,Key Success Factors in PM, Case Study

Fri, 24.6.2011 S. Hagen Course Summary, Knowledge Map,Revision

Sat, 2.7.2011 S. Hagen Exam


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LECTURERS

Stefan Hagen, 2011

Tommi FranssilaLecturer at Jyvskyl University of Applied Sciences

Edgar GerlacherDirector of the Project Management Office at Nycomed Pharma

Mark EngelhardtDynact Management Consulting; President of the PMI

Chapters Austria


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DIDACTICS OF THE COURSE

CaseStudies

Presentations

Blog

Team Work

Reader /Further

Information


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TEST / EXAMINATION 45 Minutes Closed book Application of major course

contents

PM terminology

Stefan Hagen, 2011

Knowledge

Map


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WHY PROJECT MANAGEMENT?


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MAJOR CHALLENGES OF

TODAYS BUSINESS ENVIRONMENT

Complexity anddiscontinuity

- complexity is rising time for action is declining- radical technological innovations, innovation pressure- changes and trends are hardly predictable- cross-functional collaboration and communication is more and more

important

- high risk projects, increasing uncertainty- etc.

Rising importanceof soft facts

- War for Talents, Human Resource Management as a major challenge- inter-cultural management- long-term business relationships are based on trust and personal

networks

- etc.

Globalization &Competition

- Only the fittest will survive. strategic AND operational excellenceis needed, high performance organizations

- intensity of competition is increasing price pressure, innovationpressure, quality pressure, time pressure...

- effectiveness AND efficiency- companys culture, strategy, processes, and structures have to be

aligned to the radical change

- etc.


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COMPLEXITY UP TIME & MONEY

DOWN


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RISING IMPORTANCE

Project Management is a major concept

to overcome the radical and dynamic

changes in todays business

environment.

Project Management is a concept to

manage complex, unique and risky

problems.


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REALITY IN TODAYS

ORGANISZATIONS?

Whats the reality in

todays businesses and

organizations?


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THATS HOW SOME

ORGANIZATIONS STILL WORK TODAY...

http://www.flickr.com/photos/21734563@N04/2510349902/


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... AND THATS HOW THEY SHOULD

WORK!

http://www.flickr.com/photos/mrhappy8/2045726489/


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WE NEED FAST, INNOVATIVE

AND ADAPTIVE ORGANIZATIONS!


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PROJECT-ORIENTED INDUSTRIES AND

ORGANIZATIONS


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PROJECT-ORIENTED INDUSTRIES automotive industry pharmaceutical industry mechanical engineering and construction space industry

arm industry electronic industry aircraft industry ...

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MOST COMMON PROJECTS construction projects conceptual projects / strategy formulation projects IT projects re-organization projects R&D projects new product development projects feasability studies large events technology projects (machinery) HRM projects Mergers & Acquisitions ...

Stefan Hagen, 2011


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COMPLEXITY


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WHAT IS COMPLEXITY?Difficult Systemsdepends on

number of elements

number of

interrelations

Complex Systems

depends on

variety of elementsdynamic chances in

interrelations

Chang

eability/Dynamics

number / variety of system elements

simple system

relatively complex system complex system

difficult system


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FUNDMENTAL CHALLENGE IN

MANAGEMENT

Business

Environment

Reality

Management

Complexity

>


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REDUCING COMPLEXITY

Business

Environment

Reality

Management

Complexity

>

ReducingComplexity

SimplificationKISS keep it small and simple

Mental Models

Visualizing

...


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LIMITS OF REDUCTION OF COMPLEXITY

Albert Einstein

"Make everything as simple

as possible, but notsimpler."


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GENERATING COMPLEXITY

Business

Environment

Reality

Management

Complexity

>

GeneratingC

omplexity

Empirical Social ResearchMarket research

Mathematics

INTUITION

...


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HOW WE DEAL WITH COMPLEXITYhttp://www.youtube.com/watch?v=m3QqDOeSahU


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ASHBY'S LAW (OF REQUISITE VARIETY)

Only variety can destroy variety.

William Ross Ashby


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MANAGEMENT

Complexity is the major

challenge in Management.

Prof. Dr. Fredmund Malik


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PROJECT MANAGEMENT FOR

MANAGING COMPLEXITY

Project Management is a

major concept to manage

complexity.


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LINE OR PROJECT MANAGEMENT?Problem /

requirements

Project

Organization

Functional

Organization

Complex?

Innovative?

Team Work?


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GROUP DISCUSSION

Form groups of 4-5 students Find examples for:

typical line / process work typical project work can be both

Stefan Hagen, 2011


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KONTAKT

Dr. Stefan HagenHagen Management GmbH

Hintere Achmhlerstrae 1

6850 Dornbirn

[email protected]

Blog: http://PM-Blog.com

Module 01: Project Management II

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