Project Management slide 2
-
Upload
ahmed-alageed -
Category
Business
-
view
282 -
download
0
Transcript of Project Management slide 2
PMP Preparation Course
Project/ Program/ Portfolio Management and Project Process
Groups
Project , Program, Portfolio and Operational management
• Portfolio = Organizational / departmental• Program = Business Area and/ or related
Projects• Project = Unique Initiative
• Operational = Day to Day Execution
Portfolio Management
• “ Large Focus” – Organizational / Department• Could be several Programs + projects• Typically has a long term focus• Focused on achieving specific objectives
(Business Plan/ Org Objectives)• Typically has approval authority (start/
acceptance of projects/ programs)
Portfolio
Project Program
Project
Project
Other related Work
Program Program
Program Management
• Related Project with a common theme• May have a business unit focus• Medium term focus – often disbands when
results are achieved• Co-ordinates resources and dependencies
across projects• Should be done only when the program
approach adds value
Program
Project Project Project Other related work
Project Management
• Temporary• Unique requirements• Beginning and End• Resources
Comparative DiscussionProject Program Portfolio
Scope Well defined More Volatile Strategic
Change Fully Managed Tradeoffs Monitor
Planning Fully Planned Program Plan Strategic
Management Dedicated PM Vision Leader Cross-Funct.
Success Time/ $/ S/ Q Overall Needs Bus. Plan
Monitoring Work Package Projects Bus. Performance
PMO – Project Management Office
• Centralized and standardized the management of Projects– Supportive ( provide Policies, Methodologies,
templates and lessons learned)– Controlling (Provide support and guidance, train
others in project management and ensure compliance to organizational practices)
– Directive ( provide PMs to different projects, responsible for the result and have high level of control)
Description Type of PMO
1 Manages all projects throughout the organization Directive
2 Provides support and guidance, requires all projects within the organization to use designed project management software and templates, but doesn’t otherwise exert control over the project
Controlling
3 Coordinate all projects within the organization Controlling or Directive
4 Recommends common terminology, templates, and reporting and other procedures to be used on projects throughout the organization to promote consistency and streamline effort
supportive
5 Appoints project Manager Directive
6 Prioritizes projects Controlling or Directive
7 Has the highest level of control over projects Directive
Organizational Structure
• Projects Cannot Be Run in Isolation• Projects must operate in a broad
organizational environment• PM need to understand:– Organizational Environmental Factors– Organizational Structure
Organizational Environmental Factors
• Culture (Risk Taking, Risk Averse)• Government Regulations• Geographic Distribution• Infrastructure• Human Resource• Market Condition• Political Climate ( Make Decission)
Organizational Structure
• Functional• Matrix• Project
Functional Orgnization
Chief
Funct. Manager 1
Staff
Staff
Staff
Funct. Manager 2
Staff
Staff
staff
Funct. Manager 3
Staff
Staff
staff
Funct. Manager 4
Staff
Staff
staff
Matrix Organization – Weak Matrix
Chief
Funct. Manager 1
Staff
Staff
Staff
Funct. Manager 2
Staff
Staff
staff
Funct. Manager 3
Staff
Staff
staff
Funct. Manager 4
Staff
Staff
staff
Balanced Matrix
Chief
Funct. Manager 1
Staff
Staff
Staff
PM
Funct. Manager 2
Staff
Staff
staff
Funct. Manager 3
Staff
Staff
staff
Funct. Manager 4
Staff
Staff
staff
Strong Matrix Organization
Chief
Project Management
(PMO)
PM
PM
PM
Funct. Manager 1
Staff
Staff
Staff
Funct. Manager 2
Staff
Staff
staff
Funct. Manager 3
Staff
Staff
staff
Funct. Manager 4
Staff
Staff
staff
Project Orgnization
Chief
FM
Staff
Staff
staff
PM
Proj.
Proj.
Bus
PM
Proj.
Bus.
Proj.
PM
Proj.
Bus.
Proj.
PM
Proj.
Bus.
Proj.
Organizational Influences
Org. Structure Advantages - Disadvantages
Organizational Process Assets
• Processes, Procedures, and Policies ( Why reinvent the wheel)
• Corporate Knowledge Base ( Historical Records)
• Historical Information (record of past projects)• Lessons Learned (What Type of information
should be included in)
Lessons Learned role
Process Groups
• A process is a series of actions directed toward a particular result
• Project management can be viewed as a number of interlinked processes
• The project management process groups include:– Initiating processes– Planning processes– Executing processes– Monitoring and controlling processes– Closing processes
Level of Activity and Overlap of Process Groups Over Time