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Aditya Project
Aditya Project
MANAGEMENT
Project…
A project is “a unique endeavor to produce a set of
deliverables within clearly specified time, cost and
quality constraints”.
A project is defined as “work that is temporary and
produces a unique product or service.”
"A project is a one-shot, time-limited, goal-directed,
major undertaking, requiring the commitment of
varied skills and resources".
Characteristics of Projects
Objectives n Risk and
Life Cycle Uncertainty
n Change
Defined Time Limit
n Response to
Uniqueness
Environment
Team Work n Rational Choice
Complexity n Optimality
Sub Contracting
n Control Mechanism
Project Management…
Project management is the planning, scheduling, and
● Fourth level
● Fifth level
EVOLUTION
PROJECT MGMT
History of Project
Management
Project management has been practiced since
early civilization.
Based on Ownership
Based on Size
Based on Need
(A) Based on Type of Activity
Industrial Projects
International Projects
Crash Projects
Medium Projects
Large Projects
Expansion Project
Modernization Project
Replacement Project
Diversification Project
● Fourth level
● Fifth level
(A) Project Initiation
(B) Project Plan
● Fourth level
● Fifth level
(C) Project Execution
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Second level
● Third level
● Fourth level
● Fifth level
(D) Project Closure
q Following the completion of all project
deliverables and acceptance by the customer,
a successful project will have met its
objectives and be ready for formal closure.
q Project Closure is the last phase in the project
and must be conducted formally so that the
business benefits delivered by the project are
fully realized by the customer
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Second level
● Third level
● Fourth level
● Fifth level
FUNCTIONS
PROJECT
MANAGEMENT
Project Management:
Functions
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Second level
● Third level
● Fourth level
● Fifth level
Selection
Pursuing the correct projects is easily as important
as the effectiveness with which the project is carried
out.
Determine the number of people on the team and what skills are
necessary.
Communicate a vision.
Demonstrate determination.
● Functional Organization
● Product Organization
● Matrix Organization
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Functional Organization
MERITS
n Suitable for Smaller Organizations that offer a
limited line of Products.
DEMERITS
n Ineffective Controlling
n Difficulty to fix accountability and difficult to
judge the performance of the members.
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Product Organization
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Product Organization
MERITS
n All activities, skills and expertise required to produce
and market a particular product are grouped under a
single head.
n Better Coordination and a higher level of performance
DEMERITS
n Subordination of organizational interest to personal
interest
Matrix Organization
General
Manager
Project
Manager ‘B’
Project
Manager ‘C’
Matrix Organization
n Combine merits of Functional and Product
Organization
n Suitable for “Project-driven” Organizations.
n Project Manager has the total responsibility
and accountability for making the project a
success.
n Functional Manager is responsible to maintain
functional excellence in all the projects.
Success functioning of a Matrix
Organization requires:
Project
Manager ‘B’
Project
Manager ‘C’
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Pure Project Organization
n Project Manager in in total control of all other
departments.
n Suitable if organization has a complex project
whose resource requirements are large.
n Every project is treated as a separate entity.
n Costly affair since separate human and physical
resources are to be assigned and maintained for
each projects.
Selection of Project
Organization Structure
Suitable Organization
Condition
Structure
Project Driven Enterprise Matrix Organization Structure
B Brainstorming
F Fishbone/Ishikawa Diagrams
C Critical Path Analysis Flow Diagrams
G Gantt Charts
n A = Accountable
(People who make sure the work gets done)
n C = Consulted
(People who provide input before and during the
work)
n I = Informed
(People who are kept informed of progress)
Developing a Responsibility Assignment
Matrix
PM: Kim A A A A
CSM: Ron A R I A R
CEC: Terry R C R R
TC: Nancy I R R
CSS: Reagan R C C R C
CSR: John C C C
Step IV: Communicate
n Responsible n Responsible
n Accountable n Accountable
n Consulted n Consulted
n Informed n Informed
n Driver n Responsible
n Approver n Sponsor
n Contributors n Informed
n Informed
6.F PARIS Matrix 6.G PACE Matrix
Objectively
Means of
Narrative Verifiable
Verification Assumptions
Description Indicators
(MoV)
(OVIs)
Activities
Outputs
Purpose
Goal
9. Financial Tools
time.
Project Success