Module 1 - Introduction to the Course

8/16/2019 Module 1 - Introduction to the Course

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Course Aims

● This course introduces students to project management and equips themwith skills, both human and technical, that will enable them to lead and workon a variety of projects.

● This is an important course to you because businesses achieve their strategic

goals by running projects.


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Faculty

● Amod Niroula● Electronics and Communications Engineer and MBA (Finance)

○ worked with ZTE running CDMA BSS projects for 2 years○ 3 years as an MD with Home Loan Experts○ Managing Partner of a startup which helps businesses with Digital systems and marketing

○ Teaching Assistant with various courses at Ace● This is my 4th teaching assignment at Ace


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Course Time Table and content

● 12 classes - condensed to 11○ Tuesday - Section A○ Wednesday - Section B

● Lectures○ Attendance check

○ Recap on the lecture○ Discussions on groups○ Feedback○ Slides and notes will be provided to you at the end of the lectures.

● Group Presentations and classwork● Individual Assignments● MS Project 2013


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Course Learning Outcomes

On successful completion of this course you should be able to:

● Define aim and objectives of a project, and examine the project managementenvironment within an organization

● Identify the effects of projects on individuals and stakeholders and be able todevelop an effective project team within an organization

● Select and evaluate project management tools, techniques and methodologythat need to be applied for the effective and successful implementation of aproject

● Discuss the need for good project management strategies and operationalprinciples


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Course Learning Outcomes

● Project Management is also a “life skill”.● It helps you prioritize, and arrange your professional career and personal life.● It enables you to organize and prioritise● It establishes the correct way to act as a person/ manager / engineer.


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Performance Matrix

● Attendance/Quizzes = Factor

● Simulation Case = 10%

● Assignment I + II = 7.5% +7.5% = 15%

● Group Presentation = 10%

● Mid Term Exam = 25%

● End Term Exam = 40%

Note:

For group works, the total group score will be multiplied with the individual factor score to arrive at thefinal individual score.For instance, if A and B, belonging to the same group, get 90% and 75% factor scorerespectively, and if their group gets 30/40, A’s final score will be 27 while B’s will be 22.5.


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Text Book

● Project Management Institute. 2008. A Guide to the Project Management Body of Knowledge(PMBOK Guide). 4th Edition, Project Management Institute, Pennsylvania, USA

References:

● Choudhary, S. 1988. Project Management. Tata McGraw-Hill, India.

● Eric Verzuh, 2008. The Fast Forward MBA in Project Management. John Wiley and Sons, Inc., NewJersey, USA.

● Kerzner, Harold, PhD. 2001. Project Management: A Systems Approach to Planning, Scheduling, andControlling. John Wiley and Sons, Inc., USA.

● Meredith, Jack. R. & Mantel, Samuel J. 2005. Project Management: A Managerial Approach. JohnWiley and Sons, Inc., USA.

● Gido & Clements, 2008. Project Management. Cengage Learning India Private Limited, India.● International Project Management Association, 2006. ICB IMPA Competence Baseline Ver 3.0. IMPA● Agrawal, Govind Ram, 2009. Project Management in Nepal. M K Publishers, Nepal


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House Rules

● Lecture starts at 6:10 pm. No breaks in between. Each lectures will end by 8:30 pm.

● The course will follow the Project Management Institute’s Body of Knowledge(PMBOK) 4th Edition.

● It is expected that students go through the last lecture before attending theclass.● Surprise quizzes will test the application of the theory as discussed or

referred in text


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House Rules

● In Group Seminar Presentation, all members of the group need to be presenton the given topic

● Presentation should be 20 minutes (min) - 30 minutes (max)● Presenters need to clearly illustrate the theory through real life examples for

the assigned chapters


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House Rules

● Individual assignment needs to be both printed and mailed before or on thesaid date - late submissions will not be accepted

● Individual assignment should be between 1500 - 2500 words● Plagiarism will not only result in zero score for the assignment but will also

prohibit the individual student from getting an “A” from the course● All necessary handouts will be provided by the instructor● Additional references can be acquired through internet - ideally refer to any

project management portal such as www.pmi.org


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Group Formation - Section A

Group 1 Group 2 Group 3 Group 4 Group 5 Aarati

Shrestha Asha Bhandari AngelaShrestha Bikash Rijal

Akash BikramThapa

Binu PanthiKedar Prasad

Rijal Binod ShresthaIresh Baidya

ShresthaKhop Narayan

Malla

Kiran SubediLil Bahadur K.

C. Manjay AryalOmika

ShresthaNabina

Shrestha

Rabin Panthi Prabhat Joshi Rajani Thapa Pujan SharmaRajesh

ShresthaSabina

PrajapatiSanjeev

Manandhar Rashmi

Shrestha Sristi Bhattarai Shejal K.C.

Sukrity Thapa Upasana Rai Sushil YadavSulochana

Kandel


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Group Formation - Section B

Group 1 Group 2 Group 3 Group 4 Group 5 Aasutosh

Gautam Abhishek

Bastola AbhishekNeupane Anuj Dangol Anita Basnet

Diwash Kasaju Anuj Pandey Ashish

Agrawal Jubi SinghJashmineShrestha

Md. Aftab AlamManika

Maharjan Manish KhanalMandira

Adhikari Laxima Karki

Ranjita ChaliseNischalPoudyal

SachetShrestha

RukmaniSharma

Sailendra Adhikari

ShraddhaBhattarai Sukriti Poudel

ShristyManandhar

Swarna LataShah Sneha Sharma

YogendraNeupane


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Course Schedule

Session Content Remarks

1

Introduction, House Rule, Performance MetricsWhat is a Project; What is Project Management;Relation to Other Management Disciplines; ProjectManagement and Operations Management; Role ofa Project Manager; Project Management Body ofKnowledge; Enterprise Environmental Factors Video Case

2

Project Life Cycle & Organization:Overview, Projects Vs. Operational Work;Stakeholders; Organizational influences of PM;

Project Charter

Nepali Projects

Review

3Stakeholder Management:Managing Expectation Assignment I

4Project Scope Management:Understanding WBS & its application Live Project Case


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Course Schedule

5Project Scope Management:WBS Session – Linked with Group Work Assignment II

6

Project Time Management:Network Diagram; Critical Path; Forward Pass & BackwardPass; Resource Scheduling and resource leveling; PERT Practical Session

7

Project Cost Management:Estimate Costs; Determine Costs; Determine Budgets;

Control Costs; Monitoring & Controlling; Earned ValueMethod Practical Session

8

Project Risk Management:Plan Risk Management; Identify Risks; Perform QualitativeRisk Analysis; Perform Quantitative Risk Analysis; PlanRisk Responses; Monitor and Control Risks

9Change Management & Project Procurement/ Group WorkReview

10 Group Presentation

11 Simulation Case


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Learning is active

● Your schedule is for 3 hours attendance each week● You should be doing atleast 4-5 hours of self study each week● You need to read, question and discuss with your leader or in groups● Use the Internet!!


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Project Management Standards

● British Standard 6079 - has 4 parts.● Association of Project Management

○ www.apm.org

● Project Management Institute○ www.pmi.org○ had over 600,000 members as of 2011○ as of today has over 2.9 million members○ We will base this course on the standards by PMI

http://www.pmi.org/http://www.apm.org/


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What is a project?

● What is it?● Your understanding…..?● History of Project Management

https://www.youtube.com/watch?v=i81A0YEQmVshttps://www.youtube.com/watch?v=i81A0YEQmVs


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Project : Definition

● A piece of planned work or an activity which is completed over a period oftime and intended to achieve a particular aim. - Dictionary Definition

● PMI defines project as … a temporary endeavour undertaken to create aunique product or service

● Kerzner (1995) views project as a powerful means to implement organization’s capability to enhance quality as well as to enrich value of what is deliveredto customers

● Turner and Muller (2003) define it as ..” a temporary organization to whichresources are assigned to undertake a unique, novel and transient endeavourmanaging the inherent uncertainty to deliver beneficial objectives of change.”


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Understanding Project

● The end outcome of a project can be a product, improved capability or even aresult such as an Organizational change

● Example of project can be endless such as:○ New Product Development○ New Product / Service Launch○ Constructing a building○ Implementing new ideas, business process etc.


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Characteristics of Project

● Temporary in nature● Unique● Requires progressive elaboration


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Projects initiated through

● Market Demand● Business Need● Customer Request● Technological advance●

Legal Requirement● A crisis● A social need


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What is Project Management?

● Project management is the application of knowledge, skills, tools, andtechniques to project activities to meet the project requirements

● PMI’s PMBOK defines 5 process groups for project management process:○ Initiating○ Planning○ Executing○ Monitoring and Controlling○ Closing


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Project, Program, Portfolio

● Portfolio is a collection of projects or programs and other work that aregrouped to meet strategic business objectives

● Program is a group of related projects managed to obtain benefits notavailable from managing them individually


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Program and Portfolio

Communication SystemImprovement Project

Launch ofCorporateNewsletter

Development ofIntranet System

OrganizationalRestructuring

Upgrading of ITsetup

Communication SystemImprovement Project

Implementation of ERP

Production and StorageCapacity Expansion


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Operations Management

● Operations are functional activities that produce the same product or providerepetitive service

● Operations are permanent endeavors with resources attached to do basicallythe same set of tasks


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Enterprise Environmental Factors

● Refers to both internal and external factors that affect the project● Can be both negative and positive influence● Considered as input for the planning process and includes factors such as:

○ Organizational culture○ Organizational Structure

○ Stakeholder risk tolerance○ Political climate

● Organizational Process Assets○ Standard guidelines○ Project evaluation templates○ Work breakdown structures

○ Risk Templates● Organizational process assets improve the management of the project

● And you manage the project within the constraint and guidelines establishedby the enterprise environmental factors


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Thank You

● This is the end of the first session● Next session:

○ Project Life Cycle and Organization■ Overview■ Projects Vs. Operational Work

■ Stakeholders and Stakeholders management■ Organizational influences of PM■ Project Charter

Module 1 - Introduction to the Course

Documents

Transcript of Module 1 - Introduction to the Course