Project Management - Larson 8e - Chapter 1 - PDF

Welcome to Project Management!! © McGraw-Hill Education 1  Agenda Land Acknowledgement My introduction Class introductions Review of Syllabus Class Attendance Team Creation 1.1 What Is a Project? 1.2 Current Drivers of Project...

Welcome to Project Management!! © McGraw-Hill Education 1  Agenda Land Acknowledgement My introduction Class introductions Review of Syllabus Class Attendance Team Creation 1.1 What Is a Project? 1.2 Current Drivers of Project Management 1.3 Agile Project Management 1.4 Project Management Today: A Socio-Technical Approach © McGraw-Hill Education 2  Land Acknowledgement ucanwest.ca © McGraw-Hill Education  Fred Haiderzada - Born in Afghanistan - Raised in India - Live in Canada, 1998 - Studied Engineering Diploma at BCIT, 2006 - Studied BBA at SFU, 2013 - Completed in PMP, 2016 - Studied MBA at UVic, 2022 - Worked at TELUS as Manager, Technology Strategy - Supported Senior Program Mgrs and Project Managers - Real Estate Professional I am married with two children (Zahra is 5 years old and Ziana is 3 year old) Love travelling and we have travelled to 6 of 7 continents Favourite vacation was safari in South Africa, Sabi Sands © McGraw-Hill Education 4  Introduce yourself Your name Your academic background Something unique about you or favourite vacation © McGraw-Hill Education 5  Class Attendance Class Attendance © McGraw-Hill Education 6  Because learning changes everything. ® Chapter One Modern Project Management © 2021 McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.  Review of Syllabus © McGraw-Hill Education 8  Team Creation 1. You can create your own teams 2. Create your own teams of x team members 3. Let me know the names of each team member 4. I will provide a team number © McGraw-Hill Education 9  1.1 What Is a Project? Project Defined (according to PMI) A temporary endeavor undertaken to create a unique product, service, or result Major Characteristics of a Project Has an established objective Has a defined life span with a beginning and an end Involves several departments and professionals May involve doing something never been done before Has specific time, cost, and performance requirements © McGraw-Hill Education 10  Program versus Project Program Defined A group of related projects designed to accomplish a common goal over an extended period of time Program Management Defined A process of managing a group of ongoing, interdependent, related projects in a coordinated way to achieve strategic objectives Examples: Project: completion of a required course in project management Program: completion of all courses required for a business major © McGraw-Hill Education 11  Comparison of Routine Work with Projects Routine, Repetitive Work Projects Writing a term paper Taking class notes Setting up a sales kiosk for a Daily entering sales receipts into professional accounting meeting the accounting ledger Developing a supply-chain Responding to a supply-chain information system request Writing a new piano piece Practicing scales on the piano Designing an iPad that is approximately 4 X 8 inches, Routine manufacture of an Apple interfaces with PC, and iPad stores 100,000 songs Attaching tags on a manufactured Wire-tag projects for GE and product Wal-Mart © McGraw-Hill Education TABLE 1.1 12  Project Life Cycle 6. Celebrate © McGraw-Hill Education FIGURE 1.1 13  The Challenge of Project Management The Project Manager Manages temporary, non-repetitive activities and frequently acts independently of the formal organization. Manages resources for the project. Is the direct link to the customer. Provides direction, coordination, and integration to the project team. Is responsible for performance and success of the project. Must influence the right people at the right time to address the right issues and make the right decisions. © McGraw-Hill Education 14  1.2 Current Drivers of Project Management Factors leading to the increased use of project management: Compression of the product life cycle Knowledge explosion Triple bottom line (planet, people, profit) Increased customer focus Regulatory changes © McGraw-Hill Education 15  1.3 Agile Project Management Agile Project Management (Agile PM) Is a methodology emerged out of frustration with using traditional project management processes to develop software. Is now being used across industries to manage projects with high levels of uncertainty. Employs an incremental, iterative process sometimes referred to as a ‘rolling wave’ approach to complete projects. Focuses on active collaboration between the project and customer representatives, breaking projects into small functional pieces, and adapting to changing requirements. Is often used up front in the defining phase to establish specifications and requirements, and then traditional methods are used to plan, execute, and close the project. Works best in small teams of four to eight members. © McGraw-Hill Education 16  Rolling Wave Development Iterations typically last from one to four weeks. The goal of each iteration is to make tangible progress such as define a key requirement, solve a technical problem, or create desired features to demonstrate to the customer. At the end of each iteration, progress is reviewed, adjustments are made, and a different iterative cycle begins. Each new iteration incorporates the work of the previous iterations until the project is completed and the customer is satisfied. © McGraw-Hill Education FIGURE 1.3 17  1.4 Project Management Today: A Socio-Technical Approach The Technical Dimension (The “Science”) Consists of the formal, disciplined, purely logical parts of the process. Includes planning, scheduling, and controlling projects. The Sociocultural Dimension (The “Art”) Involves the contradictory and paradoxical world of implementation. Centers on creating a temporary social system within a larger organizational environment that combines the talents of a divergent set of professionals working to complete the project. © McGraw-Hill Education 18  A Socio-Technical Approach to Project Management © McGraw-Hill Education FIGURE 1.4 19 Because learning changes everything. ® www.mheducation.com © 2021 McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.