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The World of Project
Management
Moustafa Mohamed Ali
Mo’men Mohamed Ibrahim
Mohamed Megahed Khalf
Mina Abdo Hakeem
Key Points
• What is a project ?
• Project Management Vs. General Management .
• The three goals of a project .

• The life cycle of a project .
• Methods of selecting projects .
• Risk Management .
• Project portofilio process .
What is a project ?
• A project is a set of tasks , each task is specific and unique with a specific
deliverables for a specific need or purpose .
• Characteristics of a project
• Unique
• Have Scpecfic Deliverable
• Timely

• Why a project ?
• To fix the reponsability and authority to achieve organizational goals on an individual
Common Characteristics of Projects
• Multidisciplinary .
• Complex : People with different kinds of Knowledge.
• Conflict : Inseparable companions
• the budget & schedule
• client desires and project team.
• between project team’s members.
Project Management Vs. General Management
PROJECT MANAGEMENT

GENERAL MANAGEMENT

Everything is an exception

Manage by exception

Project Manager must be creative , flexible and
problem solver

It just need a good project manager

Scope(Project deliverables ) and due date determine
its plan

Need a good planning to achieve
success

It can cross the organization boundaries

Rarely crossing organizational boundaries
Negotiation
• Why ?
• So that he can get the cooperation of other departments in the organization to supply
him with technology, information , resources … etc

• Win-Lose situations
• Like buying a car or a house the less you pay the less profit the seller gets.

• Win-Win situations
• It’s a mandatory within the organizations.
The three goals of a project
Life Cycle of a project
• S Shape goes from SLOW Start to Fast Then Slow
• J Shape goes from SLOW to Fast
Selecting Projects
• There are two primary methods for selecting a project
• Nonnumeric selection
• Numeric selection
Nonnumeric Selection Methods
• The Sacred Cow
• Just do it .. !?

• The Operating Necessity
• Is it necessary .. !?

• Comparative Benefits
• Divide these project to categories like (Good – Fair – Poor ) if a one group have more than 8 projects
keep dividing like (Good plus – Good minus ) till no groups have more than 8 projects.
Numeric selection
• The Payback Period .
• Net Present Value (NPV) .
Risk Management
• uncertainties found during projects :
• Project completion time
• the availability and costs of key resources

• the timing of solutions to technological problems
• the whims of a client
• the actions taken by competitors
Project portofilio process
• Project portofilio process (PPP) attempts to link the organization’s projects
directly to the goals and strategy of the organization.

• also a means for monitoring and controlling the organization’s strategic
projects .
Steps for The Project Portfolio Process
•
•
•
•

Establish a Project Council .
Identify Project Categories and Criteria .
Collect Project Data .
Assess Resource Availability .

• Reduce the Project and Criteria Set .
• Prioritize the Projects within Categories .
• Implement the Process .
Case Study
United Screen Printers
Introduction
• United Screen Printers (USP) produces a wide range of decals for displaying
promotional messages on fleet vehicles vehicles(including delivery vans,
eighteen - wheelers, and aircraft).

• Although it is one of the oldest forms of printing, screen printing is superior
to most of the more modern approaches..why ?!!!
• Screen printing works by blocking out areas on a silk screen .
Problem
• USP is about to begin its annual evaluation of proposed projects. Six projects
have been proposed as described .

• USP currently has annual sales of approximately $7 million. It typically
allocates up to 10 percent of sales to these types of projects.
1-Purchase new large press
• There is currently a three - and - a-half to four - week backlog in the screen printing
department

• USP ’ s total lead - time is 4 to 6 weeks instead of average lead - time of 3.5 to 4 weeks
(13 % early – 38% on time -49 %late) , 75 percent of the backlog is waiting for press 6.

• press 6 is in dire need of replacement parts but USP has been unable thus far to locate a
source for these parts .

• cost for purchasing a new large press is $160,000
• Achieve jobs 50 % to 100 % faster than press 6, the payback period for a new large press
would be one year.
2-Build new headquarters
• company needs to have a strong corporate identity.
• improve operating efficiencies.
• Cost $4 million so too risky !! increase the company ’ s debt.
3-Pursue ISO 9000 certification
• Customers assurance .
• improve its processes .
• $250,000 to $300,000 and would take one year to complete
4-Develop formal procedure for mixing inks
• a highly specialized skill.
• consumes 2 – 3 hours of the team leader ’ s time each day(annually $25.000).
• focus on developing ink formulas to make this task:
 more routine.
 less specialized.
 Subjective.

• estimated cost $10,000.
5- Purchase and install equipment to produce four-color
positives in - house
• lead-time to have positives made by an outside supplier is typically one week
and costs $1,500 to $6,000.

• Estimated cost of purchasing the equipment is approximately $150,000 plus
$25,000 for installation and training.

• cost of producing positives in house are estimated to be $375 per job.
• When produced in - house, the lead-time is approximately an hour - and - a half.
6- Purchase inkjet printers
• six inkjet printers at a cost of $140,000 will provide the equivalent capacity
of a new large screen printing press.

• The major disadvantage is that compared to the screen printing process, the
outdoor durability is more limited.

• inkjet printers are more economical for small orders, while screen printing
presses are more economical for large orders.
Questions
1-Agregate plan
Criteria
•
•
•
•

Increase the trust between the incorporation
Increase productivity
Don’t cross the limited budget
Risk management budget
Recommended projects
•
•
•
•

Purchase new large press
Pursue ISO 9000 certifi cation
Total Cost = $700.000 – $460.000 = $240.000
Risk managemnt cost : $240.000
End of Presentation

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PM techniques boost USP

  • 1. The World of Project Management Moustafa Mohamed Ali Mo’men Mohamed Ibrahim Mohamed Megahed Khalf Mina Abdo Hakeem
  • 2. Key Points • What is a project ? • Project Management Vs. General Management . • The three goals of a project . • The life cycle of a project . • Methods of selecting projects . • Risk Management . • Project portofilio process .
  • 3. What is a project ? • A project is a set of tasks , each task is specific and unique with a specific deliverables for a specific need or purpose . • Characteristics of a project • Unique • Have Scpecfic Deliverable • Timely • Why a project ? • To fix the reponsability and authority to achieve organizational goals on an individual
  • 4. Common Characteristics of Projects • Multidisciplinary . • Complex : People with different kinds of Knowledge. • Conflict : Inseparable companions • the budget & schedule • client desires and project team. • between project team’s members.
  • 5. Project Management Vs. General Management PROJECT MANAGEMENT GENERAL MANAGEMENT Everything is an exception Manage by exception Project Manager must be creative , flexible and problem solver It just need a good project manager Scope(Project deliverables ) and due date determine its plan Need a good planning to achieve success It can cross the organization boundaries Rarely crossing organizational boundaries
  • 6. Negotiation • Why ? • So that he can get the cooperation of other departments in the organization to supply him with technology, information , resources … etc • Win-Lose situations • Like buying a car or a house the less you pay the less profit the seller gets. • Win-Win situations • It’s a mandatory within the organizations.
  • 7. The three goals of a project
  • 8. Life Cycle of a project • S Shape goes from SLOW Start to Fast Then Slow • J Shape goes from SLOW to Fast
  • 9. Selecting Projects • There are two primary methods for selecting a project • Nonnumeric selection • Numeric selection
  • 10. Nonnumeric Selection Methods • The Sacred Cow • Just do it .. !? • The Operating Necessity • Is it necessary .. !? • Comparative Benefits • Divide these project to categories like (Good – Fair – Poor ) if a one group have more than 8 projects keep dividing like (Good plus – Good minus ) till no groups have more than 8 projects.
  • 11. Numeric selection • The Payback Period . • Net Present Value (NPV) .
  • 12. Risk Management • uncertainties found during projects : • Project completion time • the availability and costs of key resources • the timing of solutions to technological problems • the whims of a client • the actions taken by competitors
  • 13. Project portofilio process • Project portofilio process (PPP) attempts to link the organization’s projects directly to the goals and strategy of the organization. • also a means for monitoring and controlling the organization’s strategic projects .
  • 14. Steps for The Project Portfolio Process • • • • Establish a Project Council . Identify Project Categories and Criteria . Collect Project Data . Assess Resource Availability . • Reduce the Project and Criteria Set . • Prioritize the Projects within Categories . • Implement the Process .
  • 16. Introduction • United Screen Printers (USP) produces a wide range of decals for displaying promotional messages on fleet vehicles vehicles(including delivery vans, eighteen - wheelers, and aircraft). • Although it is one of the oldest forms of printing, screen printing is superior to most of the more modern approaches..why ?!!! • Screen printing works by blocking out areas on a silk screen .
  • 17. Problem • USP is about to begin its annual evaluation of proposed projects. Six projects have been proposed as described . • USP currently has annual sales of approximately $7 million. It typically allocates up to 10 percent of sales to these types of projects.
  • 18. 1-Purchase new large press • There is currently a three - and - a-half to four - week backlog in the screen printing department • USP ’ s total lead - time is 4 to 6 weeks instead of average lead - time of 3.5 to 4 weeks (13 % early – 38% on time -49 %late) , 75 percent of the backlog is waiting for press 6. • press 6 is in dire need of replacement parts but USP has been unable thus far to locate a source for these parts . • cost for purchasing a new large press is $160,000 • Achieve jobs 50 % to 100 % faster than press 6, the payback period for a new large press would be one year.
  • 19. 2-Build new headquarters • company needs to have a strong corporate identity. • improve operating efficiencies. • Cost $4 million so too risky !! increase the company ’ s debt.
  • 20. 3-Pursue ISO 9000 certification • Customers assurance . • improve its processes . • $250,000 to $300,000 and would take one year to complete
  • 21. 4-Develop formal procedure for mixing inks • a highly specialized skill. • consumes 2 – 3 hours of the team leader ’ s time each day(annually $25.000). • focus on developing ink formulas to make this task:  more routine.  less specialized.  Subjective. • estimated cost $10,000.
  • 22. 5- Purchase and install equipment to produce four-color positives in - house • lead-time to have positives made by an outside supplier is typically one week and costs $1,500 to $6,000. • Estimated cost of purchasing the equipment is approximately $150,000 plus $25,000 for installation and training. • cost of producing positives in house are estimated to be $375 per job. • When produced in - house, the lead-time is approximately an hour - and - a half.
  • 23. 6- Purchase inkjet printers • six inkjet printers at a cost of $140,000 will provide the equivalent capacity of a new large screen printing press. • The major disadvantage is that compared to the screen printing process, the outdoor durability is more limited. • inkjet printers are more economical for small orders, while screen printing presses are more economical for large orders.
  • 26. Criteria • • • • Increase the trust between the incorporation Increase productivity Don’t cross the limited budget Risk management budget
  • 27. Recommended projects • • • • Purchase new large press Pursue ISO 9000 certifi cation Total Cost = $700.000 – $460.000 = $240.000 Risk managemnt cost : $240.000

Notas do Editor

  1. Project vs. non-Project : *
  2. Edit this slide !Edited …
  3. Three ImportantQuestions : 1- Is the project on time or early ? 2- Is the project on or under budget ? 3- Is the project delivering the agreed-upon requirement specifications ? These 3 elements the client agree when contracting the project .
  4. The example given in the book : Building a house …
  5. I0 : initial investment Ft : net cash flow in period t .k : required rate of return .n : # of periods .
  6. So , a big need must be there for FLEXABILITY & Wise Tradeoffs .