Week 1 Project Management Presentation PDF

PROJECT MANAGEMENT (MGT,403) Presented by Dr. Mario Woode DBA, MBA, BBA WHAT WE WILL ACCOMPLISH IN WEEK 1 Project Management Environment and the Nature of Projects The definitions of projects and project management The characte...

PROJECT MANAGEMENT (MGT,403) Presented by Dr. Mario Woode DBA, MBA, BBA WHAT WE WILL ACCOMPLISH IN WEEK 1 Project Management Environment and the Nature of Projects The definitions of projects and project management The characteristics of projects Projects and operational work Types and examples of projects The Projects and their relation to business strategy The structures of organizations in terms of strategy execution Project management process groups and processes. Knowledge areas.  PROJECT MANAGEMENT What Is Project Management? Project management is the process of leading a team of people to complete a particular task, to meet a set of constraints. The project information is typically captured in project documentation that is created at the start of the development process. The constraints are divided into three primary categories: time, budget, and scope. The secondary category deals with optimizing inputs. What is Project Management https://www.youtube.com/watch?v=rBSCvPYGnTc  PROJECT MANAGEMENT While it may seem like a simple task, there are a lot of moving parts that go into a project. One of the most important parts of a project is the plan. It outlines how it will proceed. For instance, in architecture, a project plan starts with an idea, moves from sketches to blueprint drafting, and so on. This means there are thousands of pieces to the puzzle. While the architect is one piece of the puzzle, the project manager puts them all together. Many industries rely on project managers to meet the needs of their clients. What does a project manager do? What Does a Project Manager Do [THE ROLE OF THE PM] - YouTube  What makes a good project manager? A good project manager is someone who emphasizes people while integrating the other two factors (time and budget) into the process. They will never allow the spirits of their team to drop. These managers are excellent listeners who provide sound advice. They believe in continuous communication and smooth collaboration between team members. They also understand how to lift morale. A supportive project manager is a team player who will do anything in his power to build trust and respect among teammates. This discipline is commonly associated with healthcare, engineering, construction, and information technology. You Tube Video https://www.youtube.com/watch?v=emySVfWN7So  Types and examples of projects  Manufacturing projects (e.g., creating specialized equipment)  IT or software development projects (e.g., setting up IT infrastructure or designing an app)  Business projects (e.g., mergers or acquisitions)  Construction projects (e.g., designing and constructing a building or home)  Research projects (e.g., developing a new pharmaceutical compound or exploring for oil in a region)  Project Management Process Groups and Processes. Initiating processes:-Project Charter- Planning processes:- Define Scope Work Breakdown Structure, Budgeting Executing processes:- The actual work being performed Monitoring and controlling processes:-Reporting processes Closing processes:- Finalizing the project YouTube Video https://www.youtube.com/watch?v=orbiElDtUVA https://www.youtube.com/watch?v=GC7pN8Mjot8 Project Management Process Groups and Processes.