Project Management Methodologies

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Questions and Answers

In the construction industry, what is a common issue related to project management?

  • An over-reliance on digital tools for project tracking.
  • Excessive regulation hindering project efficiency.
  • A surplus of skilled project managers.
  • Weak project management practices. (correct)

What is the estimated financial impact of poorly managed projects for every $1 billion invested?

  • $122 million. (correct)
  • $366 million.
  • $244 million.
  • $61 million.

Which of the following is a focus of management schools in relation to project management?

  • Reducing emphasis on practical application of theory.
  • Preparing well-rounded project management professionals. (correct)
  • Specializing in niche construction techniques.
  • Limiting the scope of project management education.

What is a key problem that some organizations face regarding their project management practices?

<p>Unawareness of how their PM practices compare with best practices. (A)</p> Signup and view all the answers

What is the first step in the methodological process for integrating global PM standards?

<p>Choose Global PM Standards. (A)</p> Signup and view all the answers

Which organization publishes 'A Guide to the Project Management Body of Knowledge (PMBOK)'?

<p>Project Management Institute. (D)</p> Signup and view all the answers

Which of these project management standards is developed by the UK Government?

<p>PRINCE2. (A)</p> Signup and view all the answers

In which project phase is stakeholder engagement first addressed, according to the integrated framework?

<p>Initiating. (B)</p> Signup and view all the answers

Which project phase involves activities such as 'Validate Scope' and 'Control Scope'?

<p>Monitoring/Controlling. (A)</p> Signup and view all the answers

In the context of Work Breakdown Structure (WBS) for the Squamish and Lil'Wat Cultural Centre, under which subcategory does 'reinforcing steel' fall?

<p>Substructure. (C)</p> Signup and view all the answers

According to the definitions provided, what is a key characteristic of a 'Project'?

<p>A temporary endeavor with a start and finish date. (C)</p> Signup and view all the answers

What does project management involve, according to the definition provided?

<p>Applying knowledge, skills, tools, and techniques to project activities. (B)</p> Signup and view all the answers

What is the primary responsibility of a 'Project Manager' as defined in the content?

<p>To lead the team responsible for achieving project objectives. (C)</p> Signup and view all the answers

According to the content, what is 'Leadership' in the context of project management?

<p>The attitude, talent, character, and behavior to influence others. (B)</p> Signup and view all the answers

What is the scope of 'Construction Operations' as defined in the material?

<p>Any activity related to construction, demolition, or repair of buildings on land. (B)</p> Signup and view all the answers

What role would typically assist the Project Manager with estimating the scope of work?

<p>Project Coordinator. (B)</p> Signup and view all the answers

Which activity is typically part of the Project Coordinator's responsibilities?

<p>Processing shop drawings. (D)</p> Signup and view all the answers

What is one of the Project Management Principles outlined in the content?

<p>Being a diligent, respectful, and caring steward. (A)</p> Signup and view all the answers

According to the Project Management Principles, how should a project team approach stakeholder engagement?

<p>Effectively engage with stakeholders. (D)</p> Signup and view all the answers

Which of the following is a key aspect of project management principles?

<p>Focus on value. (C)</p> Signup and view all the answers

According to the content, what are Project Performance Domains primarily concerned with?

<p>Team. (D)</p> Signup and view all the answers

Which of the following is an element of the Stakeholders Performance Domain?

<p>Stakeholders agreement. (B)</p> Signup and view all the answers

What interpersonal skill encourages open and respectful communication, focusing on the present and future?

<p>Conflict management. (A)</p> Signup and view all the answers

When is a predictive development approach most suitable for a project?

<p>When project requirements are well-defined at the start. (A)</p> Signup and view all the answers

In which project life cycle phase would feasibility studies typically be conducted?

<p>Feasibility. (A)</p> Signup and view all the answers

What is a key characteristic of the Planning Performance Domain?

<p>A holistic. (B)</p> Signup and view all the answers

What helps facilitate appropriate relations with stakeholders in the Project Work Performance Domain?

<p>Appropriate communication. (B)</p> Signup and view all the answers

What is a desired outcome related to project benefits in the 'Delivery Performance Domain'?

<p>Projects realize. (C)</p> Signup and view all the answers

What type of data is desired in the 'Measurement Performance Domain'?

<p>Actionable data. (C)</p> Signup and view all the answers

In the 'Uncertainty Performance Domain', what does effective management of uncertainty involve?

<p>An awareness of the. (B)</p> Signup and view all the answers

What is 'CSF' in the context of project management?

<p>Critical Success Factors. (A)</p> Signup and view all the answers

According to the data presented, which Critical Success Factor (CSF) has the highest weighted average in construction projects?

<p>Multidisciplinary/competent project team. (C)</p> Signup and view all the answers

Why is it important to have clear information and communications channels in construction projects?

<p>To keep all stakeholders well-informed and aligned. (A)</p> Signup and view all the answers

Flashcards

Project

A temporary endeavor to create a unique product, service, or result, having a start and finish date.

Project Management

Applying knowledge, skills, tools, and techniques to project activities to meet project requirements.

Project Manager

The person who organizes a project.

Leadership

Attitude, talent, character, and behavior to influence individuals towards desired outcomes.

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Construction Operations

Activities related to construction, demolition, remodeling or structural repair of a building on land

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Stakeholder

A person or group that may affect, or be affected by, a decision or outcome of a project.

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Project Coordinator

Someone who aides the project manager.

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Caring Steward

To diligently and respectfully manage the resources entrusted to you.

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Engage stakeholders

To engage with stakeholders

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Predictive Approach

Useful when project requirements are well-defined and analyzed at the start.

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Adaptive Approach

Useful when project requirements are subject to uncertainty and volatility.

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Hybrid Approach

Combination of adaptive and predictive approaches for uncertain projects.

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Deliberate Manner

When the projects progresses are organized in a deliberate way.

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Project Processes

Project processes are appropriate for the project and the environment.

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Projects Realize

The outcomes they were initiated to deliver.

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Appropriate actions

Actions to keep projects on track

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Uncertainty Performance

The environment in which the projects occur

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Critical Success Factor

An attribute that impacts the outcome based on stakeholder perception.

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Project Value

Value from the actual PM implementations in a project.

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Work Breakdown Structure (WBS)

A visual tool that defines and groups a project’s tasks into manageable components.

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Study Notes

Motivations for Project Management

  • Weak PM practices are still present, especially in construction organizations
  • Poorly managed projects cost an estimated $122 million for every $1 billion invested
  • Management schools are now preparing well-rounded PM professionals in project management.
  • PM professional codes and standards exist

Observations on Project Management

  • Some organizations don't know how their PM practices compare to best practices
  • Some organizations are unconvinced of the value of PM practices

Methodological selection process

  • The process Includes selecting global PM standards, followed by the use of those PM standards within the construction industry
  • You have to then list the best PM practices from selected standards (processes, competences, and tools)
  • The next step is to map and then finally to integrate the best PM Practices

Project Management Standards Used in Construction

  • A Guide to the Project Management Body of Knowledge by the Project Management Institute(PMBOK/PMI)
  • COMPETENCE BASELINE-3 by the International Project Management Association (IPMA)
  • PRINCE2 (Project in a Controlled Environment by the UK Government)
  • ISO 9000 (International Association for Standardization)

Project Scope Management

  • Integrated Framework and Mapping for Project Scope Management utilizes the PMBOK Guide, ICB3, PRINCE2, and ISO 9001:2008

Project Management Definitions

  • Project: A temporary endeavor undertaken to create a unique product, service, or result with a start and finish date
  • Project Management: Applying knowledge, skills, tools, and techniques to project activities to meet project requirements
  • Project Manager: The person assigned to lead the project team and achieve project objectives
  • Leadership: The attitude, talent, character, and behavior to influence individuals for desired outcomes (PMI, 2021)
  • Construction Operations: Any activity supporting construction, demolition, erection, remodeling, or structural repair on land
  • Stakeholder: Anyone affected by a project's decisions or outcomes

Project Coordinator

  • An assistant to the Project Manager in estimating work scope, requesting subcontractor quotations, document control, processing shop drawings, and preparing subcontracts/POs
  • They measure/quantify changes, process RFIs, Sls, CCOs, COS & CDS, and create/maintain project schedules
  • The coordinator role can evolve into Junior Project Manager, then Project Manager and eventually, VP of Construction or a contractor

Project Management Principles

  • Be a diligent, respectful, and caring steward
  • Create a collaborative project team environment
  • Effectively engage with stakeholders
  • Focus on value
  • Recognize, evaluate, and respond to system interactions
  • Demonstrate leadership behaviours
  • Tailor based on context
  • Build quality into processes and deliverables
  • Navigate complexity
  • Optimize risk responses
  • Embrace adaptability and resiliency
  • Enable change to achieve the envisioned future state

Project Performance Domains

  • Stakeholders
  • Team
  • Development Approach and Life Cycle
  • Planning
  • Project Work
  • Delivery
  • Measurement
  • Uncertainty

Stakeholders Performance Domain

  • Desired outcomes involves stakeholders maintaining productive relationships
  • There must be stakeholder agreement with project objectives
  • The project needs to support satisfied project beneficiaries, and mitigate negativity from opposing stakeholders

Stakeholder Engagement

  • Key aspects include identifying, understanding, and analyzing factors like power, impact, attitude, expectations, influence, proximity, and interest
  • Its important to prioritize, engage and monitor stakeholders

Team Performance Domain

  • Teams must have shared ownership
  • Teams need to be high-performing
  • Applicated includes leadership plus interpersonal skills

Interpersonal Skills of Project Management Teams

  • Emotional Intelligence is about self-awareness, self-management, social awareness, and social skills
  • Decision Making skills are essential
  • Conflict Management is important for respectful communication, focusing on issues not people, future focus, and exploring all options

Development Approach and Life Cycle

  • Predictive Approach: Utilized when project requirements are well-defined at the outset
  • Adaptive Approach: It is best suited for volatile project requirements that often change
  • Hybrid Approach: Combines adaptive and predictive approaches when projects face uncertainty and risk

Life Cycle Phases

  • Feasibility
  • Design
  • Build
  • Test/Deploy/Owner Takeover
  • Close

Planning Performance Domain

  • The project progresses in an organized, coordinated, and deliberate manner
  • A holistic approach is used to deliver outcomes
  • Planning ensures efficient elaboration and use of evolving information
  • Also ensures time and information are optimized to manage stakeholder exceptions
  • A process needs to be put in place to effectively adapt plans based on conditions and emerging project requirements

Project Work Performance Domain

  • The desired outcomes are efficient and effective project performance.
  • There should be a project that is appropriate for, and respectful of, the environament
  • Communication with stakeholders needs to be prioritised
  • Efficient management of physical resources is essential
  • The project team must have capability due to conitnuous learning and progress/process improvements

Delivery Performance Domain

  • Projects contribute to business strategy advancement; deliver realized outcomes within planned timeframes
  • Deliverables are understood and stakeholders are accepting, satisfied of them

Measurement Performance Domain

  • A reliable understanding of the status of the project
  • Actionable data to facilitate decision making
  • Timely and appropriate actions including keeping project performance on track
  • Targets should be achieved to generate value by making informed forecasts

Uncertainty Performance Domain

  • An awareness of the environment is required, including political, technological, social, market, and economic factors
  • The project team must proactively explore/respond to the nature of the environment
  • A project needs the capacity to anticipate threats, opportunities, and their issues
  • Projects need to keep in mind little or no project effects from unforeseen/external conditions
  • Cost and schedule reserves are utilized and aligned with project objectives to maintain balance

Critical Success Factors Definition(CSF)

  • A CSF is an element that greatly impacts stakeholder perception of a project's outcome
  • An integrated PM framework identifies best practices; weighting based on construction literature analysis

Seven Critical Success Factors in Construction

  • Project success hinges on a multidisciplinary/competent project team, time performance, clear objectives/scope, formal contractor selection, competent project management and communication
  • 89 research papers reviewed; Nguyen, L., et al. (2004) - studied multidisciplinary/competent project teams and interviewed 109 project managers

Project Management

  • High PM implementation correlates with better project results; PM assessment tools were developed to explore best practices
  • Strong correlation exists between effective PM implementation and: cost, time and client satisfaction

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