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Project Management Poorly managed projects are costly, not only financially, but also in wasted time and demoralized personnel. But failure is almost never.

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Presentation on theme: "Project Management Poorly managed projects are costly, not only financially, but also in wasted time and demoralized personnel. But failure is almost never."— Presentation transcript:

1 Project Management Poorly managed projects are costly, not only financially, but also in wasted time and demoralized personnel. But failure is almost never a result of poor software. – Chris Fujinami & Andrew Marshall - 2001

2 If you are looking for a field in need, project management is a prime candidate. And in the last forty years or so, at least in my opinion, nothing new has been suggested. - from the book Critical Chain - by Eliyahu M. Goldratt

3 Project Management The planning, directing, and control of resources, (people, equipment, and material) to meet the technical and cost constraints of the project

4 13 Steps to effective project management from IIE Solutions, September 2001 – Chris Fujinama and Andrew Marshall Definition Phase 1. Project Statement – desired result, cost and timeframe 2. Project Objectives – value that the project is intended to deliver 3. Project Management Discussions 4. Work Breakdown – establishes and organizes specific project outputs – confirms expectations 5. Identifying Resource Requirements – estimate the effort required to complete each activity

5 Planning Phase 6. Responsibility Assignment 7. Project Scheduling – Gantt Chart or Network Diagram? 8. Resource Assignment Scheduling – commitment to the project if finalized 9. Potential Problem and Opportunity Analysis – ask What If?

6 Implementation Phase 10. Project Monitoring and Control 11. Performance Analysis – requires timely, relevant feedback 12. Project Modification – response to threats or opportunities 13. Close-out and Evaluation – assess work completed versus objectives, recognize contributions, document lessons learned

7 Gantt Charts versus PERT/CPM – which is a better project management tool? Project Management Website

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