1. Introduction to Project Management
Athanasios Podaras
Economics Faculty
Technical University of Liberec
LIBEREC, 2015

2. CONTENT WHAT IS A PROJECT COMMON PROJECT CHARACTERISTICS
PROJECT PHASES – TRADITIONAL APPROACH
PROJECT INITIATION
PROJECT CONSTRAINTS (TIME, COST, SCOPE/ QUALITY)

3. Project Definition
A project in business and science, is a collaborative enterprise, frequently involving research or design that is carefully planned to achieve a particular aim.[1] Projects can be further defined as temporary rather than permanent social systems that are constituted by teams within or across organizations to accomplish particular tasks under time constraints.

4. PROJECT CHARACTERISTICS
Project has a definite start and finish.
Project consists of a well-defined collection of jobs, activities, or tasks which when complete, mark the end project.
The jobs may be started or stopped independently of each other, within a given sequence.
The jobs are ordered – i.e., they must be performed in technological order.
Project should achieve specific goal
Projects are risky and involve uncertainties

5. PROJECT PHASES (LIFECYCLE)
INITIATION
PLANNING
EXECUTION
CONTROL
CLOSURE

6. Project Initiation
Project initiation is where all the necessary analysis is undertaken to allow the project to be planned. Initiating a project usually involves a considerable amount of work, and therefore expenditure.

7. Project Initiation Project goals and objectives
Definition of problem and existing situation
Analysis of business processes that the project may affect
Critical success factors and initial measurements in order to judge the success in achieving goal and objectives (by comparing initial measurements with final measurements)
Details of the project scope in relation to the organization, functional areas and time as well as a statement about any related areas that are considered to be out of scope.
Identified risks and any constraints affecting the project (THREATS)
Definition of Opportunities
Definition about total budget

8. PROJECT CONSTRAINTS (TIME, COST, SCOPE/ QUALITY)