2. Project Management
What is Project?
A project is a temporary endeavor
undertaken to create unique
product, service or result.
What is Project Management?
Project management is the application of knowledge, skills, tools and
techniques to project activities to meet the project requirements.
6. Project Management Processes
(Project Life Cycle)
Initiating Planning Executing
Monitoring
& Control
Closing
Authorize the
Work
Plan the Work Work the Plan Control the Plan End the Work
Define a new project
Identify stakeholders
Obtain Authorization
Develop an integrated
project management plan
Complete the work and
satisfy project objectives
Track and review project
progress and
performance; manage
variance and change
Finalize all activities and
formally close the project
or phase
•Project Charter
•Stakeholder Register
•Project Management
Plan
•Project Deliverables
•Work Performance
Data
•Change Requests
•Approved Change
Requests
•Updates to Project
Plan
•Verified Deliverables
•Cost & Schedule
Forecasts
•Final Product
•Closed Procurement
KeyOutputsActivities
13. Work Breakdown Structure
Work Breakdown Structure
(WBS)
Hierarchical decomposition of
the total scope of project
Work Package
Lowest level of WBS for each cost
and duration can be estimated
Project
Plan
Resources
Schedule
Work
Breakdown
Structure