Project Management Knowledge Areas
1. Project Scope Management
2. Project Time Management
3. Project Cost Management
4. Project Quality Management
5. Project Human Resource Management
6. Project Communication Management
7. Project Risk Management
8. Project Procurement Management
9. Project Integration Management
Major Processes of Core Project Management Areas
Scope Management Time Management Cost Management Quality Management
Initiation Activity Definition Resource Planning Quality Planning
Scope Planning Activity Sequencing Cost Estimating Quality Assurance
Scope Definition Activity Duration Estimating Cost Budgeting Quality Control
Scope Verification Schedule Development Cost Control
Scope Change Control Schedule Control
Project
Project is a temporary endeavor undertaken to a accomplish a unique product service or result.
Project Management
Project Management is the application of knowledge, skills, tools and techniques to project activities in
order to meet project requirements.
Attributes of the Project
Unique purpose
Temporary
Involve Certainty
Should have primary sponsor/customer
Project Management use of the project
Project Initiation
Project Planning
Project Execution
Project Monitoring and Control
Project Closure
Special Characteristics of an IT Project
Flexibility
Invisibility
Complexity
Conformity
Advantages of Formal Project Management
Improved Customer Relations
Improved Productivity
Lower Costs
Higher profit margins
Better internal coordination
Shorter development times
Limitation or Obstacles of Successful Project
Project Complexity
Project Risk
Change in Technology
Organizational Restructuring
Forward pricing and planning
Phases of Project Life Cycle
Concept Development Implementation Close out / Support
Management Plan Project Plan Last work package Completed work
Preliminary Cost Estimating Budgeting Cost Estimating Definitive Cost Estimating Lesson learned
3 - level WBS 6+ - level WBS Performance Reports Customer Acceptance
Project Integration Management
Project Integration Management involves coordinating all the other project knowledge areas throughout
a project life cycle.
Project Integration Management Processes
Develop project charter
Develop project management plan
Perform integrated change control
Monitor and Control the project work
Close the project
Direct and Manage project execution
Methods for Selecting Projects
Focusing on broad organizational needs
Categorizing information technology projects
Using weighted scoring model
Perform Net Present Value or Other financial analysis
Implementing a balanced scorecard
Important Criteria for projects focusing on broad organizational needs
There is a need for the project
There are funds available for the project
There is a strong will to make the project succeed
Stakeholder analysis Documents
Stakeholder names and organizations
Their roles on the project
Unique facts about each stakeholder
Their level of influence and interest in the project
Approaches to develop Work Breakdown Structures
Guidelines
Analogy Approach
Top down Approach
Bottom up Approach
Mind mapping Approach
Cost Estimation Tool and Techniques
Analogous or Top down estimating
Bottom up estimating
Parametric estimating
Cost Categories Related to quality
Prevention Cost
Appraisal Cost
Internal Cost
External Cost
Measurement and Test equipment costs
Scope Management
- project includes all the work required and only the work required to complete the project
successfully
Time Management
- timely completion of the project
Cost Management
- the project is completed within the approved budget
Quality Management
- project satisfy or fulfill the needs and requirements
