Project & Operations Managements : Project & Operations Managements Deepak Chellani B.E. Chemical, CFA
Definition of Project : Definition of Project By PMI, “a temporary endeavor undertaken to create a unique product or service” Project management and operation management are two different processes
Projects versus Operations : 3 Projects versus Operations Projects Performed by people Constrained by limited resources Planned, executed and controlled Temporary Unique Operations Performed by people Constrained by limited resources Planned, executed and controlled Ongoing Repetitive
Project Characteristics : Project Characteristics Unique Activities Attainment of Specific Goal Sequence of Activities Interrelated Activities
Project Parameters : Project Parameters Scope Quality Time Cost Resources
Relationship between project parameters : Relationship between project parameters All the parameters are interrelated and hence play and important role in getting desired output.
Classification of Projects : Classification of Projects Based on Characteristics: Business value Risk level Time span Complexity of task Monetary value of project
Definition of a Program : Definition of a Program “A program is a group of projects managed in a coordinated way to obtain benefits not available from managing them individually.”
Project Management : 9 Project Management Identifying requirements Establishing clear and achievable objectives Balancing the competing demands for quality, scope, time and cost
What is project management? : 10 What is project management? Application of : Knowledge Skills Tools and techniques To project activities to meet or exceed stakeholders’ expectations while using resources efficiently and effectively
Important in PM : Important in PM Relationship with Other Management Disciplines: Finance, HR, Operations, Logistics, R&D & Marketing Relationship with Line Mangers
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Project Stakeholders : Project Stakeholders “Individuals and organizations who are actively involved in the project, or whose interest may be positively or negatively affected as result of project execution or successful project completion”
Who are a Project stakeholders? : 14 Who are a Project stakeholders? Project manager Customer Sponsor Team Parent organization
The project management team must: : 15 The project management team must: Identify stakeholders Determine their needs and expectations Manage and influence those expectations
Organizational Influences : Organizational Influences Organization systems Organizational Culture & style Organizational Structure Functional Organization Project-based Organization Matrix Organization
Impact of organizational structure on the PM : Impact of organizational structure on the PM Authority Communication Priority Focus Chain of Command
Socio-economic Influences : Socio-economic Influences Standards & Regulations Internationalization Culture
Environmental & Legal Influences : Environmental & Legal Influences This influence have a major impact on the successful completion of a project.
Project phases and Life Cycle : Project phases and Life Cycle Concept Feasibility Planning Execution Termination Management
Project Life Cycle : Project Life Cycle Evaluation Phase (The Wrap-up) DO PLAN REVIEW Conception Phase (The Idea) Definition Phase (The Plan) Initiation Phase (The Team) Implementation Phase (The Work)
Project Ideas Generation And Screening : Project Ideas Generation And Screening
Generating Project Ideas : Generating Project Ideas Changing customer needs and preferences, new technologies, shortened product life cycle and increased competition force the project manager to be innovative
Creativity and Idea Generation : Creativity and Idea Generation
Stages of Creativity : Stages of Creativity
Levels of Creativity : Levels of Creativity Individual creativity Group Creativity Nominal Group Technique Checklist Black box Brainstorming Delphi Technique Attribute listing
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