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   Nitin Bagaria
   CS, LLb
   9903977933
Project Management
Definitions – Project, Management, Project
 Management, Process
Project Characteristics
Examples
Parameters of Project – Time, Cost, Output
Aspects of Project – Time, Cost & Resources
Project Vs. Operations
 Project Management
Need for Project Management
Role of Project Manager
Resources – Management
Stakeholders
   Traditional Structure
   Task Force Structure
   Project Based
   Staff Function

   PMO
   Debentures
   Bonds – FCCB, etc
   ECB
 Project Mindset
Time
Responsiveness
Information Sharing
Processes
Structured Planning
Initiating




  Closing                        Planning




Controlling                Executing
Integration       Quality       Communication
Management       Management       Management




   Cost             Risk            Scope
Management       Management       Management




   Time            Human          Procurement
Management       Management       Management




               Project Management Components
                              Project Management Tools
   Need for project vis-à-vis benefits of proposals
   Uniqueness of the proposal
   Value-addition
   Features and benefits
   Advantages to the various stakeholders like
    customers, organisation, and society
   Costs
   Modification or elimination of current practices
   Timeline
   Impact if the project is not completed on time
   Experience of similar projects
   Why do projects fail?
   Entities involved in a project – Customer,
    Sponsor, Executor (PM & Team) and
    Beneficiary
   Lead Time & Lag Time
   Earliest and Latest Start Date / Finish Date
   Kiviat Diagram
   PLC – Characteristic Diagram – Resource,
    Funds, Design Changes, Probability, Risks
   Error and Risk Relation
 Project Planning Steps   Estimation Approaches
Identifying Process        Bottom Up
Review Process             Top Down
Analysis Process           Expert Judgment
 Components               Analogy
Staff, Team                Historical Costs
WBS - Example
Organisation
                           Stages of Cost Planning
                           Cost Estimation
Task Duration
                           Cost Budgeting
Resource Plan              Cost Control
Quality Plan
Delivery Plan
Schedule
   Gantt Chart
   Critical Path Method
   Technical feasibility
   Legal feasibility
   Operational feasibility
   Schedule feasibility
   Market feasibility
   Economic feasibility – Cost Benefit Analysis
Risk Management



                            Risk Identification



                             Risk Assessment



                                  Risk Ranking


                           Risk Control / Mitigation –
Risk Avoidance   Risk Reduction     Risk Transfer   Risk Acceptance (Risk Retention)


                                  Risk Tracking
 Project Monitoring and Control
Stage Control
Process Control
Resources Control
Quality Control

Reporting and Documentation
Flash Report
Status Report
Post Implementation Review (Post Closure)
   New Dimensions in Project Management
    Perception
    Continuous Business Process Improvement
    Force Field Analysis
    Management Assurance Measure
    Quality Certification
    Strategic Inflection Point
   Scope of Work
   Transparency
   Negotiation
   Documentation
   Contract Management
   Executive Summary
   Disputes Resolution
      Alternate Dispute Resolution
   Systems Development Life
    Cycle (SDLC)

   Investigation
   Analysis
   Design
   Implementation
   Maintenance and Review
   Project Manager
   Building Trust
      Open Communications
      Transparency
   Team Development
        Roles
        Responsibilities
        Assignment of Deliverables
        Level of Authority
        Reportability
nitinbagaria@gmail.com

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Project Management

  • 1. Nitin Bagaria  CS, LLb  9903977933
  • 2. Project Management Definitions – Project, Management, Project Management, Process Project Characteristics Examples Parameters of Project – Time, Cost, Output Aspects of Project – Time, Cost & Resources Project Vs. Operations
  • 3.
  • 4.  Project Management Need for Project Management Role of Project Manager Resources – Management Stakeholders
  • 5. Traditional Structure  Task Force Structure  Project Based  Staff Function  PMO
  • 6.
  • 7.
  • 8. Debentures  Bonds – FCCB, etc  ECB
  • 9.  Project Mindset Time Responsiveness Information Sharing Processes Structured Planning
  • 10. Initiating Closing Planning Controlling Executing
  • 11. Integration Quality Communication Management Management Management Cost Risk Scope Management Management Management Time Human Procurement Management Management Management Project Management Components Project Management Tools
  • 12. Need for project vis-à-vis benefits of proposals  Uniqueness of the proposal  Value-addition  Features and benefits  Advantages to the various stakeholders like customers, organisation, and society  Costs  Modification or elimination of current practices  Timeline  Impact if the project is not completed on time  Experience of similar projects
  • 13. Why do projects fail?  Entities involved in a project – Customer, Sponsor, Executor (PM & Team) and Beneficiary  Lead Time & Lag Time  Earliest and Latest Start Date / Finish Date  Kiviat Diagram  PLC – Characteristic Diagram – Resource, Funds, Design Changes, Probability, Risks  Error and Risk Relation
  • 14.
  • 15.
  • 16.  Project Planning Steps Estimation Approaches Identifying Process Bottom Up Review Process Top Down Analysis Process Expert Judgment  Components Analogy Staff, Team Historical Costs WBS - Example Organisation Stages of Cost Planning Cost Estimation Task Duration Cost Budgeting Resource Plan Cost Control Quality Plan Delivery Plan Schedule
  • 17. Gantt Chart  Critical Path Method
  • 18. Technical feasibility  Legal feasibility  Operational feasibility  Schedule feasibility  Market feasibility  Economic feasibility – Cost Benefit Analysis
  • 19. Risk Management Risk Identification Risk Assessment Risk Ranking Risk Control / Mitigation – Risk Avoidance Risk Reduction Risk Transfer Risk Acceptance (Risk Retention) Risk Tracking
  • 20.  Project Monitoring and Control Stage Control Process Control Resources Control Quality Control Reporting and Documentation Flash Report Status Report Post Implementation Review (Post Closure)
  • 21. New Dimensions in Project Management Perception Continuous Business Process Improvement Force Field Analysis Management Assurance Measure Quality Certification Strategic Inflection Point
  • 22. Scope of Work  Transparency  Negotiation  Documentation  Contract Management  Executive Summary  Disputes Resolution  Alternate Dispute Resolution
  • 23. Systems Development Life Cycle (SDLC)  Investigation  Analysis  Design  Implementation  Maintenance and Review
  • 24. Project Manager  Building Trust  Open Communications  Transparency  Team Development  Roles  Responsibilities  Assignment of Deliverables  Level of Authority  Reportability