Project ManagementMani Subramanian

What is Project?is a temporary endeavor with a beginning

and an end.Delivers Unique Product, Service or result.

Interesting facts of ProjectsOnly 34 percentage of Projects succeed.46 Percentage of Projects are Cost over run.

What is Project Management?Did you say?People skillsSoftware

Project ManagementThe application of Knowledge, skills, tool and

techniques to project activities to meet the project requirements.

It includes 42 Processes - 5 Process Groups - 9 Knowledge AreasWho defines these processes? - PMI (Project Management Institute) - www.pmi.org

Project Management is

Project Knowledge AreasProject Integration ManagementProject Scope ManagementProject Time ManagementProject Cost ManagementProject Quality ManagementProject Human Resource ManagementProject Communication ManagementProject Risk ManagementProject Procurement Management

PMI and its RolesProject Management Institute Rolesis one of the world's largest professional

membership associations.Has more than 600k members from 185

countries.Defines standards for Project, Program and

Portfolio managements.

What is Program Management?Is group of related Projects.Helps on

Decreased risk Economies of scale Improved Management

What is Portfolio Management?Is group of Programs to achieve specific

strategic business goal.

Portfolio, Program, and Project Management Interactions

Project Manager

Role of Project ManagerDeveloping Project Management Plan and all

related components Plan,Keeping the project on track in terms of

Schedule and budget,Identifying, Monitoring, and responding to

risk, andProviding accurate and timely reporting of

project metrics.

Project Constraints

What we learnedProject, Program and PortfolioProject Management42 processes overall, classified with 5

Process groups and 9 Knowledge AreasProject Manager responsibilitiesProject Constraints.PMI (Project Management Institute)

Project is A. It has a beginning and an end.B. Managed by Project Manager.C. Group of Tasks.D. contains 1 or more team members.

Project is A. It has a beginning and an end.

Group of related project isA. Multi-project B. Relational Project.C. ProgramD. Portfolio

Group of related project isC. Program

How many process groupsin Project Management?A. 2B. 9C. 5D. 15

How many process groupsin Project Management?C. 5

They are InitiatingPlanningExecutingMonitoring and ControllingClosing.

How many Knowledge Areas in Project Management?A. 9B. 5C. 1 D. 12

How many Knowledge Areas in Project Management?A. 9

Project Knowledge AreasProject Integration ManagementProject Scope ManagementProject Time ManagementProject Cost ManagementProject Quality ManagementProject Human Resource ManagementProject Communication ManagementProject Risk ManagementProject Procurement Management