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What is a Project?




         www.projectingIT.com   1      PRINCE2 pre-course readingI
Friday 8 February 13
in this session..


         > What is a project?
         > How projects are different
         > The project stakeholders
         > Using a method to manage a project



        www.projectingIT.com            2                   What is a Project?
Friday 8 February 13
Projects vs. Operations: Similarities




                               •   Both need people and money
                               •   Both have limited resources
                               •   Both require management



        www.projectingIT.com                     3               What is a Project?
Friday 8 February 13
so what is the difference...?
                               projects                operations

          •One time activity                     •On-going
          •Not done before                       •Repetitive
          •Brings about a Change                 •Brings about a Change
          •Deliver Products                      •Support Products
          •e.g Implement a CRM                   •e.g. Support a CRM



        www.projectingIT.com                 4                      What is a Project?
Friday 8 February 13
Managing balance...
                                                                    C o mp e t
                                                                              ition
                               Profitability ….                      Change
                               Service Quality                                  s
                                                                     Survive
                               Productivity…                        Regulat
                               …Customers..                       Technol
                                                                            ory
                                      SLA’s                               o g y…




                                          Maintain          Transform
                                          Operations        Operations




        www.projectingIT.com                            5                             What is a Project?
Friday 8 February 13
Why we do projects?
                               Technology      Product     Solve a
                                 Change      Development   Problem



                                               Process
                                  Legal                       ?
                                             Improvement



                                                 Re-
                               Cost Saving
                                             structuring



                               Non Profit      Internal


        www.projectingIT.com                    6                    What is a Project?
Friday 8 February 13
A “project” is a ...

                                A temporary organization that
                                   is created for the purpose of
                               delivering one or more business
                               products according to an agreed
                                                  business case



        www.projectingIT.com                  7                    What is a Project?
Friday 8 February 13
Characteristics of a project

                                                Change




                               Uncertainty                     Temporary




                                                           Cross-
                                       Unique
                                                         functional


        www.projectingIT.com                      8                        What is a Project?
Friday 8 February 13
Characteristics => Change




                    Projects are the means by which we introduce change
                    Projects are NOT business as usual


        www.projectingIT.com                9                         What is a Project?
Friday 8 February 13
Characteristics => Temporary



                        Defined Start



                                             Defined Finish

        www.projectingIT.com            10                   What is a Project?
Friday 8 February 13
Characteristics => Cross-functional

          customer




                                                         rs
                                    ts




                                                         pe
                                ys
                                al




                                                       lo
                         rs
                               An




                                               s



                                                    ve
                       e

                                               ct
                 Us                                                    rs




                                                    De
                                                                    te
                                          ite
                                         ch                     Te s
                                         Ar


                                                            supplier

        www.projectingIT.com              11                           What is a Project?
Friday 8 February 13
Characteristics => Unique




             Different teams, different customer, different location ....
                     there is something different and unique


        www.projectingIT.com              12                          What is a Project?
Friday 8 February 13
Characteristics => Uncertainty




                   The temporary, unique and cross-functional nature of
                                 projects introduces Risk

        www.projectingIT.com                13                        What is a Project?
Friday 8 February 13
Project Management is ...
      ...managing the expectations around the
                                SIX variables




        www.projectingIT.com   14       What is a Project?
Friday 8 February 13
We manage projects to ensure ...
     the project remains justified
              the project delivers value for money
                                the project objectives are achieved
               the project scope is understood by everyone
                          the stakeholders are engaged
                                 the decisions are made by the right people at the right time
                        the required resources and funding is available
           the project constraints are understood and managed
                                plans are in place that can achieve the targets
             the risks are identified and managed
                                  the changes are monitored and controlled
      the lessons are captured and incorporated for improvements
                              the products are delivered within agreed tolerances
        www.projectingIT.com                    15                                  What is a Project?
Friday 8 February 13
Programme Management

                                         Collection of related projects that have
                                       common objectives and share resources for
                                            better management, control and
                                                       coordination


                               MSP “Managing Successful Programmes” qualification is
                                  offered by APMG for Programme Management


        www.projectingIT.com                        16                                What is a Project?
Friday 8 February 13
Portfolio Management

                                 Collection of projects and programs
                               using optimal resource mix for delivery
                               and to schedule activities to best achieve
                                  an organization’s operational and
                                            financial goals




        www.projectingIT.com         17                            What is a Project?
Friday 8 February 13
Stakeholders are ...

    anyone affected by, or can affect the project.




        www.projectingIT.com   18            What is a Project?
Friday 8 February 13
Stakeholder management
                                             Manage




                               Inform      Stakeholders   Involve




                                             Engage



        www.projectingIT.com                    19                  What is a Project?
Friday 8 February 13
Traditionally speaking...
                               .......project management is managing
                                                 Scope, Time and Cost




        www.projectingIT.com                  20                 What is a Project?
Friday 8 February 13
Project Performance Variables

                                            Scope



                                  Risks               Time




                                 Benefits             Cost



                                            Quality


        www.projectingIT.com                  21             What is a Project?
Friday 8 February 13
Variables => Scope



      WHAT will be delivered




        www.projectingIT.com   22                 What is a Project?
Friday 8 February 13
Variables => Time



           WHEN it will be delivered




        www.projectingIT.com    23                What is a Project?
Friday 8 February 13
Variables => Cost



                               What is the project budget




        www.projectingIT.com    24                  What is a Project?
Friday 8 February 13
Variables => Quality



                               Fit-for-purpose products




        www.projectingIT.com    25                   What is a Project?
Friday 8 February 13
Variables => Risk



                                    What-If?




        www.projectingIT.com   26                What is a Project?
Friday 8 February 13
Variables => Benefits


                                                                         %
                                                                     y 15
                                                                it sb
                                                       p ro f
                                              re ase
                                        Inc




        the project outcome and measurable benefits

        www.projectingIT.com    27                                          What is a Project?
Friday 8 February 13
so many projects fail...WHY?
                                                  Ad-hoc changes
                                                  Poor estimation
                                                    No visibility
                                                   Late delivery
                                                 Unclear objectives
                                              Lack of communication
                                                    Resources
                                                Insufficient Funding
                                             Not enough justification....

        www.projectingIT.com            28                                  What is a Project?
Friday 8 February 13
but can we do something about it?

                                Using a “method”
                               that is based on the
                                    lessons and
                                collective wisdom
                                  of experts that
                                  addresses the
                                 common project
                                     problems


        www.projectingIT.com           29             What is a Project?
Friday 8 February 13
Why use a “method”?
        > do it in an organized way
        > everyone knows who is doing what
        > avoid ad-hoc management and fire fighting
        > bring consistency and predictability
        > to repeat success
        > improve continuously
        > better management control and direction
        > increased ownership and accountability


        www.projectingIT.com          30            What is a Project?
Friday 8 February 13
introducing...



                   PRINCE2
             A method for managing projects



        www.projectingIT.com        31        What is a Project?
Friday 8 February 13
About projectingIT
                       ‣ATO for PRINCE2, Agile and Earned Value
                       ‣2000+ PRINCE2 delegates
                       ‣Trainings across countries
                       ‣Blended learning
                       ‣Specialists in project management
                       ‣Best pass rate
                       ‣Microsoft Project, Scrum, PMO and more..
                       ‣www.projectingIT.com for more information

                                                        32
                                             What is PRINCE2?       www.projectingIT.com
Friday 8 February 13

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What is PRINCE2 Project Managment

  • 1. What is a Project? www.projectingIT.com 1 PRINCE2 pre-course readingI Friday 8 February 13
  • 2. in this session.. > What is a project? > How projects are different > The project stakeholders > Using a method to manage a project www.projectingIT.com 2 What is a Project? Friday 8 February 13
  • 3. Projects vs. Operations: Similarities • Both need people and money • Both have limited resources • Both require management www.projectingIT.com 3 What is a Project? Friday 8 February 13
  • 4. so what is the difference...? projects operations •One time activity •On-going •Not done before •Repetitive •Brings about a Change •Brings about a Change •Deliver Products •Support Products •e.g Implement a CRM •e.g. Support a CRM www.projectingIT.com 4 What is a Project? Friday 8 February 13
  • 5. Managing balance... C o mp e t ition Profitability …. Change Service Quality s Survive Productivity… Regulat …Customers.. Technol ory SLA’s o g y… Maintain Transform Operations Operations www.projectingIT.com 5 What is a Project? Friday 8 February 13
  • 6. Why we do projects? Technology Product Solve a Change Development Problem Process Legal ? Improvement Re- Cost Saving structuring Non Profit Internal www.projectingIT.com 6 What is a Project? Friday 8 February 13
  • 7. A “project” is a ... A temporary organization that is created for the purpose of delivering one or more business products according to an agreed business case www.projectingIT.com 7 What is a Project? Friday 8 February 13
  • 8. Characteristics of a project Change Uncertainty Temporary Cross- Unique functional www.projectingIT.com 8 What is a Project? Friday 8 February 13
  • 9. Characteristics => Change Projects are the means by which we introduce change Projects are NOT business as usual www.projectingIT.com 9 What is a Project? Friday 8 February 13
  • 10. Characteristics => Temporary Defined Start Defined Finish www.projectingIT.com 10 What is a Project? Friday 8 February 13
  • 11. Characteristics => Cross-functional customer rs ts pe ys al lo rs An s ve e ct Us rs De te ite ch Te s Ar supplier www.projectingIT.com 11 What is a Project? Friday 8 February 13
  • 12. Characteristics => Unique Different teams, different customer, different location .... there is something different and unique www.projectingIT.com 12 What is a Project? Friday 8 February 13
  • 13. Characteristics => Uncertainty The temporary, unique and cross-functional nature of projects introduces Risk www.projectingIT.com 13 What is a Project? Friday 8 February 13
  • 14. Project Management is ... ...managing the expectations around the SIX variables www.projectingIT.com 14 What is a Project? Friday 8 February 13
  • 15. We manage projects to ensure ... the project remains justified the project delivers value for money the project objectives are achieved the project scope is understood by everyone the stakeholders are engaged the decisions are made by the right people at the right time the required resources and funding is available the project constraints are understood and managed plans are in place that can achieve the targets the risks are identified and managed the changes are monitored and controlled the lessons are captured and incorporated for improvements the products are delivered within agreed tolerances www.projectingIT.com 15 What is a Project? Friday 8 February 13
  • 16. Programme Management Collection of related projects that have common objectives and share resources for better management, control and coordination MSP “Managing Successful Programmes” qualification is offered by APMG for Programme Management www.projectingIT.com 16 What is a Project? Friday 8 February 13
  • 17. Portfolio Management Collection of projects and programs using optimal resource mix for delivery and to schedule activities to best achieve an organization’s operational and financial goals www.projectingIT.com 17 What is a Project? Friday 8 February 13
  • 18. Stakeholders are ... anyone affected by, or can affect the project. www.projectingIT.com 18 What is a Project? Friday 8 February 13
  • 19. Stakeholder management Manage Inform Stakeholders Involve Engage www.projectingIT.com 19 What is a Project? Friday 8 February 13
  • 20. Traditionally speaking... .......project management is managing Scope, Time and Cost www.projectingIT.com 20 What is a Project? Friday 8 February 13
  • 21. Project Performance Variables Scope Risks Time Benefits Cost Quality www.projectingIT.com 21 What is a Project? Friday 8 February 13
  • 22. Variables => Scope WHAT will be delivered www.projectingIT.com 22 What is a Project? Friday 8 February 13
  • 23. Variables => Time WHEN it will be delivered www.projectingIT.com 23 What is a Project? Friday 8 February 13
  • 24. Variables => Cost What is the project budget www.projectingIT.com 24 What is a Project? Friday 8 February 13
  • 25. Variables => Quality Fit-for-purpose products www.projectingIT.com 25 What is a Project? Friday 8 February 13
  • 26. Variables => Risk What-If? www.projectingIT.com 26 What is a Project? Friday 8 February 13
  • 27. Variables => Benefits % y 15 it sb p ro f re ase Inc the project outcome and measurable benefits www.projectingIT.com 27 What is a Project? Friday 8 February 13
  • 28. so many projects fail...WHY? Ad-hoc changes Poor estimation No visibility Late delivery Unclear objectives Lack of communication Resources Insufficient Funding Not enough justification.... www.projectingIT.com 28 What is a Project? Friday 8 February 13
  • 29. but can we do something about it? Using a “method” that is based on the lessons and collective wisdom of experts that addresses the common project problems www.projectingIT.com 29 What is a Project? Friday 8 February 13
  • 30. Why use a “method”? > do it in an organized way > everyone knows who is doing what > avoid ad-hoc management and fire fighting > bring consistency and predictability > to repeat success > improve continuously > better management control and direction > increased ownership and accountability www.projectingIT.com 30 What is a Project? Friday 8 February 13
  • 31. introducing... PRINCE2 A method for managing projects www.projectingIT.com 31 What is a Project? Friday 8 February 13
  • 32. About projectingIT ‣ATO for PRINCE2, Agile and Earned Value ‣2000+ PRINCE2 delegates ‣Trainings across countries ‣Blended learning ‣Specialists in project management ‣Best pass rate ‣Microsoft Project, Scrum, PMO and more.. ‣www.projectingIT.com for more information 32 What is PRINCE2? www.projectingIT.com Friday 8 February 13