project management discussion with the bdpa baltimore chapter

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Project Management Concepts

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Page 1: Project Management Discussion with the BDPA Baltimore Chapter

Project Management Concepts

Page 2: Project Management Discussion with the BDPA Baltimore Chapter

Corporate Overview

Edwards Project Solutions (EdwPS) was founded in 1997

Registered Small Business

Singular Focus on Program & Project Management Solutions

Active in the Project Management Community

84% of EdwPS Consultants, Technical Staff, and Managers are Project Management Professional (PMP) Certified

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Edwards Project Solutions integrates industry recognized best practices with our own proven methodology to provide tailored and scalable solutions to clients and projects of all sizes

Page 3: Project Management Discussion with the BDPA Baltimore Chapter

Recognition and Certifications

Inc. 5000 Fastest Growing Privately Owned Firms, 2007-2013

SmartCEO Baltimore Future 50 Award, 2013

BBB Accredited Business since 2000 with an A+ rating

Microsoft® Certified Silver Partner

Approved Education Provider (AEP) with the Association for the Advancement of Cost Engineering (AACE)

Registered Education Provider (REP) with the Project Management Institute (PMI)

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Page 4: Project Management Discussion with the BDPA Baltimore Chapter

Solutions

Consulting Subject Matter Experts deliver project management tools and techniques essential to project success

Technology Applied solutions to standardize and automate project team practices for improved performance

Training Effective training programs that integrate the best of theory with practical real-world experiences

These Solutions are specifically focused to help our clients achieve measureable improvement in their processes, no matter what the challenge

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Page 5: Project Management Discussion with the BDPA Baltimore Chapter

Project Management Elements

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Page 6: Project Management Discussion with the BDPA Baltimore Chapter

Why is PM different than PfM or PgM?

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Page 7: Project Management Discussion with the BDPA Baltimore Chapter

How Project, Program and Portfolio Management Work Together

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Page 8: Project Management Discussion with the BDPA Baltimore Chapter

What is a Project Management Framework?

The Project Management Framework goal is to provide a consistent practice and guidance across all projects and to help those involved in projects to repeatedly deliver successful outcomes.

The Framework is designed to: be simple to understand and to operate;

be flexible and adaptable to the type and scale of each project;

ensure adequate control and provide an appropriate level of reporting;

provide an appropriate level of consistency of approach across all projects;

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Page 9: Project Management Discussion with the BDPA Baltimore Chapter

What is a Project Management Life Cycle

The PMLC is used to manage the creation of a solution or service as well as an effort to update an organizations policy or procedures

While no two projects are alike all projects will go through the same five phases.

Project Origination

Project Initiation

Project Planning

Project Execution

Project Closeout

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Page 10: Project Management Discussion with the BDPA Baltimore Chapter

6 Basic Principles of Project Management

Methodology

Work Breakdown Structure (WBS)

Project Schedule

Status Tracking and Reporting

Risk and Issues Management

Successful Execution of Key Deliverables

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Page 11: Project Management Discussion with the BDPA Baltimore Chapter

Project Methodology

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Page 12: Project Management Discussion with the BDPA Baltimore Chapter

Work Breakdown Structure

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Page 13: Project Management Discussion with the BDPA Baltimore Chapter

Project Schedule

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Page 14: Project Management Discussion with the BDPA Baltimore Chapter

Status Tracking and Reporting

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Page 15: Project Management Discussion with the BDPA Baltimore Chapter

Risk and Issue Management

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Problem Prevention (Risk Management) - identify potentials problems before they occur and provide a mitigation strategy Problem Analysis – Correctly identify root cause of the issue Problem Resolution – Take action to minimize impact on project

Y Y R R R

G Y Y R R

G Y Y R R

G G G Y R

G G G G Y

e

d

c

b

a

1 2 3 4 5

Risk Rating

Impact

Likeliho

od

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Successful Execution of Key Deliverables

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Page 17: Project Management Discussion with the BDPA Baltimore Chapter

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Page 18: Project Management Discussion with the BDPA Baltimore Chapter

Contact Information

For more information on how we can provide your organization with comprehensive project management solutions, please contact:

Gerald Leonard, PMP, MCTS, COBIT Phone: 443-561-1315

Email: [email protected]

Also visit our website at:

www.EdwPS.com

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