3. proj mgmt

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    MC faculty ALTTC

    Project Management

    S.K. Bhalla

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    MC faculty ALTTC

    Project Management

    The application of knowledge, skills, tools,

    and techniques to project objectives to meet

    stakeholder needs and expectations.

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    Proje ct Manag eme nt-MC faculty ALTTC

    Objectives of project Management

    o Define the project

    o Reduce it to a set of manageable tasks

    o Obtain appropriate and necessary resources

    o Build a team or teams to perform the project work

    o Plan the work and allocate the resources to the tasks

    o Monitor and control the work

    o Report progress to senior management and/or the project

    sponsor

    o Close down the project when completed

    Review it to ensure the lessons are learnt and widely understood

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    Proje ct Manag eme nt-MC faculty ALTTC

    Project Life Cycle

    1. Preparation

    2. Start up 1. Initiating

    3. Feasibility

    4. Definition & Planning 2. Planning

    5. Implementation 3. Execution 4. Control

    6. Close up 5. Close up

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    Knowledge Areas:

    Scope Management

    Time Management

    Cost Management

    Quality Management

    Human Resources Management

    Communications Management

    Risk Management

    Procurement Management

    Integration Management

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    Skills for Project Manager

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    Team Leadership Skills

    Vision and Strategy

    Establishing Direction

    Aligning People

    CommunicatingNegotiating

    Motivating and Inspiring

    Influencing OrganizationsOvercoming Barriers to Change

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    Technical Skills

    PlanningFinance and Accounting

    Personnel Administration

    TechnologyContract Management

    Solving Problems

    Subject matter knowledge

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    Individual Skills

    Writing

    Listening

    Speaking

    Presenting

    Credibility

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    Work Breakdown structure

    Identifying the key elements

    Breaking each element into component parts

    Continuing to breakdown until manageable work

    packages have been identified

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    (Network diagrams) PERT

    Inter relationship of tasks

    Dependencies of tasks

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    PERT terminology

    Two consecutive events in a PERT chart are linked by activities ,

    which are conventionally represented as arrows in the PERT chart

    diagrams.

    The events are presented in a logical sequence and no activity cancommence until its immediately preceding event is completed.

    Any two events cannot be directly connected by more than one

    arrows. If two events have same start & termination, then a dummy

    activity is introduced

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    A PERT event: is a point that marks the start or completion of one

    or more tasks. It consumes no time , and uses no r es our ces . It

    marks the completion of one or more tasks, and is not reached

    until all of the activities leading to that event have been completed.

    A predecessor event: an event (or events) that immediately

    precedes some other event without any other events intervening. It

    may be the consequence of more than one activity.

    A successor event: an event (or events) that immediately follows

    some other event without any other events intervening. It may be

    the consequence of more than one activity.

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    A PERT activity: is the actual performance of a task. It consumes

    time , it requires r es our ces (such as labour, materials, space,

    machinery), and it can be understood as representing the time,

    effort, and resources required to move from one event to another. APERT activity cannot be completed until the event preceding it has

    occurred.

    Dummy activity: Which doesnot require resources such as time,

    labour, material etc.

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    Optimistic time (O ): the minimum possible time required to

    accomplish a task, assuming everything proceeds better than is

    normally expected

    Pessimistic time (P ): the maximum possible time required toaccomplish a task, assuming everything goes wrong (but excluding

    major catastrophes).

    Most likely time (M ): the best estimate of the time required to

    accomplish a task, assuming everything proceeds as normal.

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    Expected time (T E ): the best estimate of the time

    required to accomplish a task, assuming everything

    proceeds as normal (the implication being that the

    expected time is the average time the task would require

    if the task were repeated on a number of occasions over

    an extended period of time).

    TE = (O + 4M + P ) 6

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    Critical Path: the longest possible continuous pathway

    taken from the initial event to the terminal event. It

    determines the total calendar time required for the

    project; and, therefore, any time delays along the critical

    path will delay the reaching of the terminal event by at

    least the same amount.

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    Slack: the slack of an event is a measure of the excess

    time and resources available in achieving this event.

    P o sitive slack(+) would indicate ahead of schedule;

    n egative slack would indicate behind schedule; and

    ze ro slack would indicate on schedule.

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    Installation of new landline exchange

    Activity description Activitycode

    Duration Precedingactivity

    1 Sanction of project estimate A 10 days -

    2 Equipment/cable procurement B 180days

    A

    3 Land acquisition C 30 days A

    4 Building construction (civilworks)

    D 180days

    C

    5 Electrical works E 60 days D

    6 Battery & power plantinstallation

    F 20 days B, E

    7 Installation of equipment &MDF

    G 30 days B, E

    8 Testing & Acceptance Testing H 20 days F,G

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    PERT Diagram

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    Industry trend

    Project Management Professionals

    Use of project management software