PJMT 1100 Fall 2024 Project Management Course Notes PDF

PJMT 1100: The Principles of Project Management Week 1: Introduction to Project Management Mitch Palmer Fall 2024 Fall 2024 PJMT 1100 The Principles of Project Management 2  Today’s Learning The Principles of Project...

PJMT 1100: The Principles of Project Management Week 1: Introduction to Project Management Mitch Palmer Fall 2024 Fall 2024 PJMT 1100 The Principles of Project Management 2  Today’s Learning The Principles of Project Management (PJMT 1100): o Class Standards o DC Connect o Course Objectives o Course Evaluation o Class Schedule Project Management o The Project Manager o The Project o Project Success o Project, Program and Portfolio Management Fall 2024 PJMT 1100 The Principles of Project Management 3 Fall 2024 PJMT 1100 The Principles of Project Management 4  Class Standards Fall 2024 PJMT 1100 The Principles of Project Management 5  Class lectures Fall 2024 PJMT 1100 The Principles of Project Management 6  Learning happens… Fall 2024 PJMT 1100 The Principles of Project Management 7 Consideration and Respect www Fall 2024 PJMT 1100 The Principles of Project Management 8  DC Connect Fall 2024 PJMT 1100 The Principles of Project Management 9  Announcements Fall 2024 PJMT 1100 The Principles of Project Management 10  Content Fall 2024 PJMT 1100 The Principles of Project Management 11  Lectures Weekly lecture material Fall 2024 PJMT 1100 The Principles of Project Management 12 INDIVIDUAL Assignments Individual Participation and Group Commitment Due on Sep 30, 2024 11:59 PM SALS Academic Integrity Certificate Due on Sep 30, 2024 11:59 PM Fall 2024 PJMT 1100 The Principles of Project Management 13  GROUP Assignments Fall 2024 PJMT 1100 The Principles of Project Management 14 Your DC email: Check it regularly! PJMT 1100 Fall 2024 PJMT 1100 The Principles of Project Management 15  Need to contact me? [email protected] Fall 2024 PJMT 1100 The Principles of Project Management 16 Course Objectives Fall 2024 PJMT 1100 The Principles of Project Management 17  Course Objectives 1. Apply project management principles, terminology and PMBOK/PMI Standards+ concepts. 2. Display professionalism in a variety of project management situations using the personal communication skills and demonstrating adherence to personal and professional integrity and ethics. 3. Explain the multi-dimensional aspects of organizational environment and its impact on how a project is developed and conducted. Fall 2024 PJMT 1100 The Principles of Project Management 18  Course Objectives 4. Map the “big picture” of a project using the interaction of Project Management Knowledge Areas to the Project Management Process Groups. 5. Differentiate between Predictive, Agile and Hybrid Project Life Cycles and understand when on project life cycle is preferred over the others. 6. Recognize why projects exist and how projects are initiated and conducted by applying the concepts of Project Initiation and Project Planning. Fall 2024 PJMT 1100 The Principles of Project Management 19  Course Objectives 7. Consider the importance of the project team and stakeholder engagement while ensuring their expectations and needs are met throughout the project. 8. Recognize that disruptions to the original project plan can occur, including sources and the necessary actions that a Project Manager must undertake to mitigate or minimize the impact to the project. 9. Apply assessment tools to evaluate project imbalance and project success including the proper ways to close a project. 10. Apply Project Management principles and theories learned by demonstrating practical knowledge through the creation of a unique group project presentation. Fall 2024 PJMT 1100 The Principles of Project Management 20 Course Evaluation Fall 2024 PJMT 1100 The Principles of Project Management 21  Course Evaluation Individual ✓ My Individual Commitment to Group Participation and 5% Contribution submission Assignments ✓ SALS Academic Integrity submission Knowledge ✓ Random in-class quizzes throughout the semester 5% ✓ Designed to check your understanding of the lecture Checks ✓ Restrictions in place for only those in attendance to take knowledge check Assigned Submission: Group throughout the ✓ assigned deliverable submitted to DC Connect by deadline Assignments semester 15% Content and effort: ✓ assigned deliverable quality of content and effort applied Students are required to contact the instructor, via email, 24 Oct Mid-term hours prior to the scheduled exam time, if unable to write the Exam 17 25% exam o insufficient notice will result in a grade of zero OR weight of missed mid-term exam applied to final exam Dec Group ❑ Presentation Project 05 25% ❑ Peer Evaluation Dec Students are required to contact the instructor, via email, 24 Final 25% hours prior to the scheduled exam time, if unable to write the Exam 12 exam o insufficient notice will result in a grade of zero OR weight of missed mid-term exam applied to final exam Fall 2024 PJMT 1100 The Principles of Project Management 22  Class Schedule Fall 2024 PJMT 1100 The Principles of Project Management 23  Class Schedule Knowledge Group Exams Week Date Topic Individual Check Group Project 25% 5% 10% 10% 25% each 1 Sep 05 Introduction to Project Management Integrity and Ethics 2 Sep 12 Project Management Book of Knowledge (PMBOK) 3 Sep 19 The Organizational Environment and the Project Project Management Process Groups 4 Sep 26 Project Management Knowledge Areas Project Initiation 5 Oct 03 Project Development Approaches 6 Oct 10 Project Planning 7 Oct 17 MID TERM EXAM Oct 21 – Oct 25 Reading Break Project Resource Management 8 Oct 31 Project Stakeholder Management 9 Nov 07 Project Schedule Management Work Breakdown Structures Project Risk Management 10 Nov 14 Issues and Change Balancing the Project 11 Nov 21 Closing the Project NO CLASS LECTURE 12 Nov 28 Group Project Working Session 13 Dec 05 IN CLASS GROUP PRESENTATIONS 14 Dec 12 FINAL EXAM Fall 2024 PJMT 1100 The Principles of Project Management 24 Fall 2024 PJMT 1100 The Principles of Project Management 25 Get help anytime: on or off campus Fall 2024 PJMT 1100 The Principles of Project Management 26 Get help anytime: on or off campus Fall 2024 PJMT 1100 The Principles of Project Management 27 Fall 2024 PJMT 1100 The Principles of Project Management 28 Project Management Fall 2024 PJMT 1100 The Principles of Project Management 29  What is Project Management? “the application of knowledge, skills, tools and techniques to project activities to meet project requirements” (PMBOK®) Fall 2024 PJMT 1100 The Principles of Project Management 30 Advantages of Project Management Better control of resources Higher profit margins Improved customer relations Improved productivity Shorter development times Better internal coordination Lower costs Higher worker morale Higher quality Fall 2024 PJMT 1100 The Principles of Project Management 31 The Project Manager Fall 2024 PJMT 1100 The Principles of Project Management 32  The Project Manager o works with: o project team o project sponsor(s) o stakeholders o facilitates the entire process to meet the needs and expectations of project stakeholders o acts as both leader and manager o focuses on “big-picture” and long-term goals o inspires people to reach those goals o deals with the day-to-day details of achieving specific goals Fall 2024 PJMT 1100 The Principles of Project Management 33  Most Important Skills People skills Verbal communication Leadership Team building Listening Conflict management and resolution Integrity and ethics Critical thinking and problem solving Building trust Understanding and balancing priorities Fall 2024 PJMT 1100 The Principles of Project Management 34  The Project Fall 2024 PJMT 1100 The Principles of Project Management 35  What is a Project? o a temporary endeavour o has a unique purpose o developed using progressive elaboration o requires resources o has a sponsor or customer o receives sponsor direction and funding o involves uncertainty o ends when objectives have been reached o ends if it is terminated o transitioned to and becomes the responsibility of the Operations Team, if objectives reached Fall 2024 PJMT 1100 The Principles of Project Management 36  Project Success Fall 2024 PJMT 1100 The Principles of Project Management 37  Project Success A project is deemed to be successful if it has: 1. Met the project constraints, known as “The Triple Constraint” or “Iron Triangle” Fall 2024 PJMT 1100 The Principles of Project Management 38  Project Success A project is deemed to be successful if it has: 2. Met its main objective making or saving a certain amount of money providing a good return on investment 3. Satisfied the sponsor/customer Fall 2024 PJMT 1100 The Principles of Project Management 39  Project, Program & Portfolio Management Fall 2024 PJMT 1100 The Principles of Project Management 40  Project, Program & Portfolio PROJECT MANAGEMENT PMBOK® defines a project as “a temporary endeavor undertaken to create a unique product, service, or result” Projects end when their objectives have been reached or the project has been terminated PROGRAM MANAGEMENT A group of related projects managed in a coordinated way to obtain benefits and control not possible from managing them individually PORTFOLIO MANAGEMENT A collection of programs and projects, that are grouped together to facilitate effective management of that work and meet strategic business objectives Fall 2024 PJMT 1100 The Principles of Project Management 41 Project, Program & Portfolio Portfolio Program Program Fall 2024 PJMT 1100 The Principles of Project Management 42 Boeing: Project, Program & Portfolio PROGRAM Helicopters Jets PROJECTS Fall 2024 PJMT 1100 The Principles of Project Management 43  Best Practice Fall 2024 PJMT 1100 The Principles of Project Management 44  Best Practice “an optimal way recognized by industry to achieve a stated goal or objective” Fall 2024 PJMT 1100 The Principles of Project Management 45 Fall 2024 PJMT 1100 The Principles of Project Management 46 Working in Groups Fall 2024 PJMT 1100 The Principles of Project Management 47 Group Member Responsibilities 1. Attendance and participation in all group meetings is mandatory 2. After the deliverable has been graded, all feedback should be incorporated into the deliverable 3. The deliverable does NOT need to be re-submitted to DC Connect 4. Each deliverable will become an input into the final group presentation Fall 2024 PJMT 1100 The Principles of Project Management 48 Every group member must participate … Project Components Deliverable #1: Team Member Profile Deliverable #2: Project Description Deliverable #3: Roles and Responsibilities Deliverable #4: Stakeholder Register Deliverable #5: Work Breakdown Structure Deliverable #6: Risk Register Fall 2024 PJMT 1100 The Principles of Project Management 49  Submissions Posted in DC Connect: ▪ by Wednesday of the following week ▪ no later than 11:59PM ET ▪ in the ACTIVITIES/ASSIGNMENTS section: o Deliverable #__ Everyone has been assigned to a group in DC Connect, therefore, only ONE group member is required to submit the deliverable Fall 2024 PJMT 1100 The Principles of Project Management 50  Grading Standards 1. Submission: ▪ Deliverable loaded to DC Connect by deadline (5 marks) ▪ Deliverable loaded to DC Connect after the deadline (0 marks) 2. Content and Effort: ▪ Excellent effort (9-10 marks): effort and content meets all requirements exceptional submission ▪ Good effort (6-8 marks): effort and content meets most requirements a very solid submission ▪ Fair effort applied (3-5 marks): effort and content meets some requirements an average submission ▪ Poor effort applied (0-2 marks): effort and content is below average lacking in numerous areas with significant improvement required Fall 2024 PJMT 1100 The Principles of Project Management 51  Group Issues If you have issues within your group, make every attempt to resolve them with your group members. Be proactive! If you cannot resolve these issues within your group, you must reach out to your instructor via email. All correspondence in such matters is confidential Along with his observations each week, your instructor will address all unresolved group issues and take necessary actions Fall 2024 PJMT 1100 The Principles of Project Management 52  Individual Commitment All students are required to read, sign and submit that they agree to work in their groups, based on the content of the “My Individual Commitment” document Available in DC Connect, under “Content” This is an individual assignment and is due by 11:59 PM ET on September 30 Fall 2024 PJMT 1100 The Principles of Project Management 53 Deliverable #1: Team Member Profile 1. Using the template provided, populate the information as follows: – Group member names and student numbers – Personal profile of each member: ❑ Educational background ❑ Project Management experience? ❑ Personal qualities: “fun facts”: hobbies, sports, etc. September 18 Upload to DC Connect by 11:59 PM ET Fall 2024 PJMT 1100 The Principles of Project Management 54 Deliverable #1: Team Member Profile Fall 2024 PJMT 1100 The Principles of Project Management 55 Let’s get into groups! Fall 2024 PJMT 1100 The Principles of Project Management 56