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Agenda
• Project
• Operational Work
• Project Management
• Program
• Portfolio
• Project Management Office (PMO)
• Objectives
Agenda
• Constraints
• Stakeholders
• Organizational Structure
• Life Cycle
• Lessons Learned
Definition of Project
Project
• Temporary endeavor with a beginning and an
end
• Creates a unique product, service or result
Enroll in this course: http://goo.gl/LxhZqP
Why are Projects Initiated?
• Market Demand
• Strategic Opportunity/Business Need
• Social Need
• Environmental Consideration
• Customer Request
• Technological Advance
• Legal Requirement
Example of Project
• Construction of Bosphorus Bridge.
• Beginning: 20 Feb
1970
• End: 1 June 1973
• Temporary
• Unique
Definition of Operational Work
• Most of the work being done in organizations
• Ongoing
• Repetitive
Enroll in this course: http://goo.gl/LxhZqP
Example of Operational Work
• Yearly maintenance of Bosphorus Bridge
• Repetitive
(yearly)
Initiating Planning Executing
Monitoring
and
Controlling
Closing
What is Project Management?
• Project management is the application of
knowledge, skills, tools and techniques to project
activities to meet the project requirements.
• Profession growing rapidly
• Follows systematic process
• Processes of project management:
What is Project Management?
Knowledge Areas:
• Project Management Framework
• Project Management Processes
• Integration Management
• Scope Management
• Time Management
• Cost Management
Enroll in this course:
http://goo.gl/LxhZqP
What is Project Management?
Knowledge Areas:
• Quality Management
• Human Resource Management
• Communications Management
• Risk Management
• Procurement Management
• Stakeholder Management
Definition of Program
• Group of projects
• Management is coordinated because they are
related
Enroll in this course: http://goo.gl/LxhZqP
Example of Program
• Manufacturing a new Airbus Airplane
Projects:
• Avionic Systems
• Communication
Systems
• Entertainment System
• Security System
• ….
Definition of Portfolio
• Group of programs to achieve a business
goal.
• Programs might not be related.
• It is important to serve for same business
goal.
Enroll in this course: http://goo.gl/LxhZqP
Example of Portfolio
• Airbus will develop 3 new airplane versions in
6 years.
• Strategic goal: to be the world’s most
passenger carrying airplane company.
Enroll in this course: http://goo.gl/LxhZqP
Project, Program, Portfolio…
6 Year Airplane
Manufacturing
Portfolio
Airbus 921 Program
Avionic Systems Project
…
Airbus 922 Program
Communication Systems
Project
…
Airbus 923 Program
Entertainment System
Project
…
Comparative Overview (Project,
Program, Portfolio)
Comparative Overview (Project,
Program, Portfolio)
Project Management Office (PMO)
Department centralizes the management of projects
PMO Structures:
1. Supportive: Supplies templates, best practices,
training, lessons learned…etc. Acts as repository.
(Low degree of control)
2. Controlling: Supports and requires compliance
to tools, methods. (Moderate degree of control)
3. Directive: Directly manages the projects. (High
degree of control)
Project Management Office (PMO)
PMO May:
• Manage interdependencies between projects
• Help provide resources
• Terminate projects
• Monitor compliance with organizational
processes
• Gather lessons learned
Project Management Office (PMO)
PMO May:
• Provide templates
• Provide guidance
• Provide centralized communication about the
projects
• Be part of change control board
• Be a stakeholder
Enroll in this course:
http://goo.gl/LxhZqP
Role of the Project Manager
• Person assigned by the organization to lead
the team that is responsible for achieving
project objectives.
• Depending on the type of organization
Project Manager can report to
Functional Manager
Program Manager
Portfolio Manager
Enroll in this course:
http://goo.gl/LxhZqP
Role of the Project Manager
• Link between strategy and team.
• Project Manager should have following
competencies:
Knowledge (about project management)
Performance (how he applies knowledge)
Personal (behavior)
Enroll in this course: http://goo.gl/LxhZqP
Interpersonal Skills of a Project
Manager
• Leadership
• Team building
• Motivation
• Communication
• Influencing
• Decision Making
• Political & Cultural
Awarenes
• Negotiation
• Trust building
• Conflict Management
• Coaching
Objectives
• What needs to be achieved as a result of
project.
• For example: Constructing Bosphorus Bridge:
• Objectives:
6 lanes in total (3+3)
Must carry at least 2,500,000 kgs
Must resist at least 8.5 Richter Earth-Quake
Important Points - Objectives
• Projects are considered complete when
objectives are met
• A reason for terminating a project before
completion is that the project objectives
cannot be met
• Meeting project objectives is under Project
Manager’s responsibility.
Important Points - Objectives
• Quality activities are for checking project
meets its objectives.
• There is a trade-off between requirements &
objectives.
Enroll in this course: http://goo.gl/LxhZqP
Management by Objectives (MBO)
• A management philosophy
1. Establish clear & realistic objectives
2. Periodically evaluate if objectives are met
3. Implement corrective action
Enroll in this course: http://goo.gl/LxhZqP
Constraints Cost
Scope
Quality
Customer
Satisfaction
Risk
Resources
Time
Constraints
• If there is a change on one constraint,
evaluate its effect on other constraints
• For example, if your schedule is shortened,
there might be
 Additional resources (cost increase)
 Faster completion (risk increase, quality
decrease)
Organizational Process Assets
• Plans, processes, policies, procedures and
knowledge bases specific to and used by the
performing organization.
• Includes lessons learned and historical info.
• Input to most planning processes.
• Corporate knowlede base is for storing and
retreiving information.
Enterprise Environmental Factors
• Conditions, not under control of the project
team, that influence, constrain or direct the
project.
• Input to most planning processes.
• Examples:
Organizational culture, structure, and governance
Government or Industry Standards
Political Climate
Marketplace Conditions
Stakeholders
• People whose interests may be positively or
negatively impacted by the project.
• Includes all members of the project team.
• Identifying stakeholders, understanding their
relative degree of influence on a project, and
balancing their demands, needs and
expectations are critical to success of the
project.
Stakeholders
Stakeholders of Boshphorus Bridge
Project
• Everybody who worked in the project
• Government
• Sea transporters
• People residing closer to
the bridge
• ….
Project Governance
• Provides the project manager and team with
structure, processes, decision-making models
and tools for managing the project.
• Involves stakeholders, documented
procedures, and standards, responsibilities
and authorities.
Enroll in this course: http://goo.gl/LxhZqP
Project Team
• Project Manager and the group of individuals
who perform the project work.
• Project Manager is the leader of the team,
and his authority is over the project
members.
Enroll in this course: http://goo.gl/LxhZqP
Organizational Structure
• One of the main factors affecting projects in
an organization.
Three types of organizations:
• Functional
• Projectized
• Matrix
Functional
• Most common form
• Grouped by areas of specialization
Marketing, Human Resources, IT, Sales… etc.
• Requests and information is transmitted
through head of departments
• Team members do
(project work)+(departmental work)
Functional
Projectized
• Entire company is organized by projects.
• Project Managers have control of projects.
• No departments for resources.
• When project is over, personnel is either
assigned to a new project, or need to find a
new job.
Enroll in this course: http://goo.gl/LxhZqP
Projectized
Matrix (Projectized+Functional)
• Attempt to get strengths of projectized and
functional organization.
• Team members report to project manager
and functional manager.
Team Member
Project Manager
Functional Manager
(Software Development
Manager)
Matrix (Projectized+Functional)
• Team members do
(project work)+(departmental work)
Strong Matrix Balanced Matrix Weak Matrix
Power of Project Manager Power of Functional Manager
P
O
W
E
R
Matrix (Projectized+Functional)
• In weak matrix organization, Project
Managers are:
Project Expediter: acts as staff assistant and
communications coordinator.
Cannot make any decision.
Project Coordinator: acts like Project Expediter,
but has some power and can take some
decisions.
Weak Matrix
Balanced Matrix
Strong Matrix
Advantages of Functional Organization
• Easier management of specialists
• Team members report to only one supervisor
• Similar resources are centralized
(e.g., software developers to IT department)
• Clearly defined career paths in areas of
specialization
Developer  Senior Developer  Expert
Developer  Architect… etc.
Disadvantages of Functional Organization
• People place more emphasis on their
functional specialty to the detriment of the
project.
• No career path in project management
• The project manager has little or no
authority.
Advantages of Projectized Organization
• Efficient project organization
• Loyalty to the project
• More effective communications than
functional
Enroll in this course: http://goo.gl/LxhZqP
Disadvantages of Projectized
Organization
• No “home” when project is finished
• Lack of professionalism in disciplines
• Duplication of facilities and job functions
• Less efficient use of resources
Advantages of Matrix Organization
• Highly visible project objectives
• Improved project manager control over
resources
• More support from functional areas
• Maximum utilization of scarce resources
• Better coordination
• Better horizontal and vertical dissemination of
information
• Team member maintain a “home”
Disadvantages of Matrix Organization
• Extra administration is required
• More then one boss for project teams
• More complex to monitor and control
• Tougher problems with resource allocation
• Need extensive policies and procedures
• Functional managers may have different priorities
than project managers
• Higher potential for conflict
Comparative Overview of Organizational
Structures
Life Cycle
• Progression through a series of differing stages
of development
• Generic
Life Cycle
for all
projects
Life Cycle
• Impact of Variable Based on Project Time
Product Life Cycle
• Starts from conception of a new product to its
withdrawal
• A Product can require many projects over its life
• Determine
customer’s need
(conception)
• Analyze
competition
(maturity)
Project Life Cycle
• Changes depending on the industry or
organization’s preferences.
Construction:
Feasibility Planning Design Production Turnover Startup
Project Life Cycle
Information Technology (IT):
High Level
Design
Detailed
Design
Coding Testing Installation Conversion
Turnover
to
Operations
Enroll in this course: http://goo.gl/LxhZqP
Project Management Process Groups
• Project Management Process includes:
Initiating
Planning
Execution
Monitoring & Controlling
Closing
• Life cycle can change from project to project, but
project management process groups are same.
Project Management Process
Project Life Cycle in a Small Project
Project Life Cycle in a Large Project
Lessons Learned
• Includes
What was done right
What was done wrong
What would be done if the project could be re-done
• Should cover:
Technical aspects of the project
Project Management (WBS, risk planning, etc.)
Management (communications, leadership)
Enroll in this course:
http://goo.gl/LxhZqP
Role of Lessons Learned
Enroll in this course: http://goo.gl/LxhZqP
Question #1
A project manager is trying to complete a software
development project, but cannot get enough attention for
the project. Resources are focused on completing process-
related work and the project manager has little authority
to properly assign resources. What form of organization
must the project manager be working in?
A-) Functional
B-) Matrix
C-) Expediter
D-) Coordinator
Question #1
A project manager is trying to complete a software
development project, but cannot get enough attention for
the project. Resources are focused on completing process-
related work and the project manager has little authority
to properly assign resources. What form of organization
must the project manager be working in?
A-) Functional
B-) Matrix
C-) Expediter
D-) Coordinator
Enroll in this course:
http://goo.gl/LxhZqP
Question #2
The project life cycle differs from the product life
cycle in that the project life cycle:
A-) Does not incorporate a methodology
B-) Is different for each industry
C-) Can spawn many projects
D-) Describes project management activities
Question #2
The project life cycle differs from the product life
cycle in that the project life cycle:
A-) Does not incorporate a methodology
B-) Is different for each industry
C-) Can spawn many projects
D-) Describes project management activities
Question #3
Your management has decided that all orders will be treated as “projects” and
that project managers will be used to update orders daily, to resolve issues,
and to ensure that the customer formally accepts the product within 30 days
of completion. Revenue from the individual orders can vary from $100 to
$150,000. The project manager will not be required to perform planning or
provide documentation other than daily status. How would you define this
situation?
A-) Because each individual order is a “temporary endeavor”, each order is a
project.
B-) This is program management since there are multiple projects involved.
C-) This is a recurring process.
D-) Orders incurring revenue over $100,000 would be considered projects and
would involve project management.
Question #3
Your management has decided that all orders will be treated as “projects” and
that project managers will be used to update orders daily, to resolve issues,
and to ensure that the customer formally accepts the product within 30 days
of completion. Revenue from the individual orders can vary from $100 to
$150,000. The project manager will not be required to perform planning or
provide documentation other than daily status. How would you define this
situation?
A-) Because each individual order is a “temporary endeavor”, each order is a
project.
B-) This is program management since there are multiple projects involved.
C-) This is a recurring process.
D-) Orders incurring revenue over $100,000 would be considered projects and
would involve project management.
Question #4
The previous project manager for your project managed it
without much project organization. There is a lack of
management control and no clearly defined project deliverables.
Which of the following would be the BEST choice for getting your
project better organized?
A-) Adopt a life cycle approach to the project
B-) Develop lessons learned for each phase
C-) Develop specific work plans for each work package
D-) Develop a description of the product of the project.
Question #4
The previous project manager for your project managed it
without much project organization. There is a lack of
management control and no clearly defined project deliverables.
Which of the following would be the BEST choice for getting your
project better organized?
A-) Adopt a life cycle approach to the project
B-) Develop lessons learned for each phase
C-) Develop specific work plans for each work package
D-) Develop a description of the product of the project.
Question #5
A company is making an effort to improve its project
performance and create historical records of past
projects. What is the BEST way to accomplish this?
A-) Create project management plans
B-) Create lessons learned
C-) Create network diagrams
D-) Create status reports Enroll in this course:
http://goo.gl/LxhZqP
Question #5
A company is making an effort to improve its project
performance and create historical records of past
projects. What is the BEST way to accomplish this?
A-) Create project management plans
B-) Create lessons learned
C-) Create network diagrams
D-) Create status reports Enroll in this course:
http://goo.gl/LxhZqP
Question #6
One of your team members informs you that he does
not know which of the many projects he is working on is
the most important. Who should determine the
priorities among projects in a company?
A-) The project manager
B-) The project management team
C-) The project management office (PMO)
D-) The team
Question #6
One of your team members informs you that he does
not know which of the many projects he is working on is
the most important. Who should determine the
priorities among projects in a company?
A-) The project manager
B-) The project management team
C-) The project management office (PMO)
D-) The team
Question #7
A market demand, a business need, and/or legal
requirement are examples of:
A-) Reasons to hire a project manager
B-) Reasons projects are initiated
C-) Reasons people or businesses become stakeholders.
D-) Reasons to sponsor a project.
Enroll in this course: http://goo.gl/LxhZqP
Question #7
A market demand, a business need, and/or legal
requirement are examples of:
A-) Reasons to hire a project manager
B-) Reasons projects are initiated
C-) Reasons people or businesses become stakeholders.
D-) Reasons to sponsor a project.
Question #8
Consideration of ongoing operations and maintenance is
crucially important to products of projects. Ongoing
operations and maintenance should:
A-) Be included as activities to be performed during project
closure
B-) Have a separate phase in the project life cycle, because a
large portion of life cycle costs is devoted to maintenance
and operations
C-) Not be viewed as part of a project. A project is
temporary with a definite beginning and end.
D-) Be viewed as a separate project.
Question #8
Consideration of ongoing operations and maintenance is
crucially important to products of projects. Ongoing
operations and maintenance should:
A-) Be included as activities to be performed during project
closure
B-) Have a separate phase in the project life cycle, because a
large portion of life cycle costs is devoted to maintenance
and operations
C-) Not be viewed as part of a project. A project is
temporary with a definite beginning and end.
D-) Be viewed as a separate project.
Question #9
Lessons learned are BEST completed by:
A-) The project manager
B-) The team
C-) The sponsor
D-) The stakeholders
Enroll in this course: http://goo.gl/LxhZqP
Question #9
Lessons learned are BEST completed by:
A-) The project manager
B-) The team
C-) The sponsor
D-) The stakeholders
Question #10
A manager and the head of engineering discuss a
change to a major work package. After the meeting, the
manager contacts you and tells you to complete the
paperwork to make the change. This is an example of:
A-) Management attention to scope management.
B-) Management planning.
C-) A project expediter position.
D-) A change control system.
Question #10
A manager and the head of engineering discuss a
change to a major work package. After the meeting, the
manager contacts you and tells you to complete the
paperwork to make the change. This is an example of:
A-) Management attention to scope management.
B-) Management planning.
C-) A project expediter position.
D-) A change control system.

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Online PMP Exam Certification Training - 35 Hours

  • 1.
  • 2. Agenda • Project • Operational Work • Project Management • Program • Portfolio • Project Management Office (PMO) • Objectives
  • 3. Agenda • Constraints • Stakeholders • Organizational Structure • Life Cycle • Lessons Learned
  • 4. Definition of Project Project • Temporary endeavor with a beginning and an end • Creates a unique product, service or result Enroll in this course: http://goo.gl/LxhZqP
  • 5. Why are Projects Initiated? • Market Demand • Strategic Opportunity/Business Need • Social Need • Environmental Consideration • Customer Request • Technological Advance • Legal Requirement
  • 6. Example of Project • Construction of Bosphorus Bridge. • Beginning: 20 Feb 1970 • End: 1 June 1973 • Temporary • Unique
  • 7. Definition of Operational Work • Most of the work being done in organizations • Ongoing • Repetitive Enroll in this course: http://goo.gl/LxhZqP
  • 8. Example of Operational Work • Yearly maintenance of Bosphorus Bridge • Repetitive (yearly)
  • 9. Initiating Planning Executing Monitoring and Controlling Closing What is Project Management? • Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. • Profession growing rapidly • Follows systematic process • Processes of project management:
  • 10. What is Project Management? Knowledge Areas: • Project Management Framework • Project Management Processes • Integration Management • Scope Management • Time Management • Cost Management Enroll in this course: http://goo.gl/LxhZqP
  • 11. What is Project Management? Knowledge Areas: • Quality Management • Human Resource Management • Communications Management • Risk Management • Procurement Management • Stakeholder Management
  • 12. Definition of Program • Group of projects • Management is coordinated because they are related Enroll in this course: http://goo.gl/LxhZqP
  • 13. Example of Program • Manufacturing a new Airbus Airplane Projects: • Avionic Systems • Communication Systems • Entertainment System • Security System • ….
  • 14. Definition of Portfolio • Group of programs to achieve a business goal. • Programs might not be related. • It is important to serve for same business goal. Enroll in this course: http://goo.gl/LxhZqP
  • 15. Example of Portfolio • Airbus will develop 3 new airplane versions in 6 years. • Strategic goal: to be the world’s most passenger carrying airplane company. Enroll in this course: http://goo.gl/LxhZqP
  • 16. Project, Program, Portfolio… 6 Year Airplane Manufacturing Portfolio Airbus 921 Program Avionic Systems Project … Airbus 922 Program Communication Systems Project … Airbus 923 Program Entertainment System Project …
  • 19. Project Management Office (PMO) Department centralizes the management of projects PMO Structures: 1. Supportive: Supplies templates, best practices, training, lessons learned…etc. Acts as repository. (Low degree of control) 2. Controlling: Supports and requires compliance to tools, methods. (Moderate degree of control) 3. Directive: Directly manages the projects. (High degree of control)
  • 20. Project Management Office (PMO) PMO May: • Manage interdependencies between projects • Help provide resources • Terminate projects • Monitor compliance with organizational processes • Gather lessons learned
  • 21. Project Management Office (PMO) PMO May: • Provide templates • Provide guidance • Provide centralized communication about the projects • Be part of change control board • Be a stakeholder Enroll in this course: http://goo.gl/LxhZqP
  • 22. Role of the Project Manager • Person assigned by the organization to lead the team that is responsible for achieving project objectives. • Depending on the type of organization Project Manager can report to Functional Manager Program Manager Portfolio Manager Enroll in this course: http://goo.gl/LxhZqP
  • 23. Role of the Project Manager • Link between strategy and team. • Project Manager should have following competencies: Knowledge (about project management) Performance (how he applies knowledge) Personal (behavior) Enroll in this course: http://goo.gl/LxhZqP
  • 24. Interpersonal Skills of a Project Manager • Leadership • Team building • Motivation • Communication • Influencing • Decision Making • Political & Cultural Awarenes • Negotiation • Trust building • Conflict Management • Coaching
  • 25. Objectives • What needs to be achieved as a result of project. • For example: Constructing Bosphorus Bridge: • Objectives: 6 lanes in total (3+3) Must carry at least 2,500,000 kgs Must resist at least 8.5 Richter Earth-Quake
  • 26. Important Points - Objectives • Projects are considered complete when objectives are met • A reason for terminating a project before completion is that the project objectives cannot be met • Meeting project objectives is under Project Manager’s responsibility.
  • 27. Important Points - Objectives • Quality activities are for checking project meets its objectives. • There is a trade-off between requirements & objectives. Enroll in this course: http://goo.gl/LxhZqP
  • 28. Management by Objectives (MBO) • A management philosophy 1. Establish clear & realistic objectives 2. Periodically evaluate if objectives are met 3. Implement corrective action Enroll in this course: http://goo.gl/LxhZqP
  • 30. Constraints • If there is a change on one constraint, evaluate its effect on other constraints • For example, if your schedule is shortened, there might be  Additional resources (cost increase)  Faster completion (risk increase, quality decrease)
  • 31. Organizational Process Assets • Plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization. • Includes lessons learned and historical info. • Input to most planning processes. • Corporate knowlede base is for storing and retreiving information.
  • 32. Enterprise Environmental Factors • Conditions, not under control of the project team, that influence, constrain or direct the project. • Input to most planning processes. • Examples: Organizational culture, structure, and governance Government or Industry Standards Political Climate Marketplace Conditions
  • 33. Stakeholders • People whose interests may be positively or negatively impacted by the project. • Includes all members of the project team. • Identifying stakeholders, understanding their relative degree of influence on a project, and balancing their demands, needs and expectations are critical to success of the project.
  • 35. Stakeholders of Boshphorus Bridge Project • Everybody who worked in the project • Government • Sea transporters • People residing closer to the bridge • ….
  • 36. Project Governance • Provides the project manager and team with structure, processes, decision-making models and tools for managing the project. • Involves stakeholders, documented procedures, and standards, responsibilities and authorities. Enroll in this course: http://goo.gl/LxhZqP
  • 37. Project Team • Project Manager and the group of individuals who perform the project work. • Project Manager is the leader of the team, and his authority is over the project members. Enroll in this course: http://goo.gl/LxhZqP
  • 38. Organizational Structure • One of the main factors affecting projects in an organization. Three types of organizations: • Functional • Projectized • Matrix
  • 39. Functional • Most common form • Grouped by areas of specialization Marketing, Human Resources, IT, Sales… etc. • Requests and information is transmitted through head of departments • Team members do (project work)+(departmental work)
  • 41. Projectized • Entire company is organized by projects. • Project Managers have control of projects. • No departments for resources. • When project is over, personnel is either assigned to a new project, or need to find a new job. Enroll in this course: http://goo.gl/LxhZqP
  • 43. Matrix (Projectized+Functional) • Attempt to get strengths of projectized and functional organization. • Team members report to project manager and functional manager. Team Member Project Manager Functional Manager (Software Development Manager)
  • 44. Matrix (Projectized+Functional) • Team members do (project work)+(departmental work) Strong Matrix Balanced Matrix Weak Matrix Power of Project Manager Power of Functional Manager P O W E R
  • 45. Matrix (Projectized+Functional) • In weak matrix organization, Project Managers are: Project Expediter: acts as staff assistant and communications coordinator. Cannot make any decision. Project Coordinator: acts like Project Expediter, but has some power and can take some decisions.
  • 49. Advantages of Functional Organization • Easier management of specialists • Team members report to only one supervisor • Similar resources are centralized (e.g., software developers to IT department) • Clearly defined career paths in areas of specialization Developer  Senior Developer  Expert Developer  Architect… etc.
  • 50. Disadvantages of Functional Organization • People place more emphasis on their functional specialty to the detriment of the project. • No career path in project management • The project manager has little or no authority.
  • 51. Advantages of Projectized Organization • Efficient project organization • Loyalty to the project • More effective communications than functional Enroll in this course: http://goo.gl/LxhZqP
  • 52. Disadvantages of Projectized Organization • No “home” when project is finished • Lack of professionalism in disciplines • Duplication of facilities and job functions • Less efficient use of resources
  • 53. Advantages of Matrix Organization • Highly visible project objectives • Improved project manager control over resources • More support from functional areas • Maximum utilization of scarce resources • Better coordination • Better horizontal and vertical dissemination of information • Team member maintain a “home”
  • 54. Disadvantages of Matrix Organization • Extra administration is required • More then one boss for project teams • More complex to monitor and control • Tougher problems with resource allocation • Need extensive policies and procedures • Functional managers may have different priorities than project managers • Higher potential for conflict
  • 55. Comparative Overview of Organizational Structures
  • 56. Life Cycle • Progression through a series of differing stages of development • Generic Life Cycle for all projects
  • 57. Life Cycle • Impact of Variable Based on Project Time
  • 58. Product Life Cycle • Starts from conception of a new product to its withdrawal • A Product can require many projects over its life • Determine customer’s need (conception) • Analyze competition (maturity)
  • 59. Project Life Cycle • Changes depending on the industry or organization’s preferences. Construction: Feasibility Planning Design Production Turnover Startup
  • 60. Project Life Cycle Information Technology (IT): High Level Design Detailed Design Coding Testing Installation Conversion Turnover to Operations Enroll in this course: http://goo.gl/LxhZqP
  • 61. Project Management Process Groups • Project Management Process includes: Initiating Planning Execution Monitoring & Controlling Closing • Life cycle can change from project to project, but project management process groups are same.
  • 63. Project Life Cycle in a Small Project
  • 64. Project Life Cycle in a Large Project
  • 65. Lessons Learned • Includes What was done right What was done wrong What would be done if the project could be re-done • Should cover: Technical aspects of the project Project Management (WBS, risk planning, etc.) Management (communications, leadership) Enroll in this course: http://goo.gl/LxhZqP
  • 66. Role of Lessons Learned Enroll in this course: http://goo.gl/LxhZqP
  • 67. Question #1 A project manager is trying to complete a software development project, but cannot get enough attention for the project. Resources are focused on completing process- related work and the project manager has little authority to properly assign resources. What form of organization must the project manager be working in? A-) Functional B-) Matrix C-) Expediter D-) Coordinator
  • 68. Question #1 A project manager is trying to complete a software development project, but cannot get enough attention for the project. Resources are focused on completing process- related work and the project manager has little authority to properly assign resources. What form of organization must the project manager be working in? A-) Functional B-) Matrix C-) Expediter D-) Coordinator Enroll in this course: http://goo.gl/LxhZqP
  • 69. Question #2 The project life cycle differs from the product life cycle in that the project life cycle: A-) Does not incorporate a methodology B-) Is different for each industry C-) Can spawn many projects D-) Describes project management activities
  • 70. Question #2 The project life cycle differs from the product life cycle in that the project life cycle: A-) Does not incorporate a methodology B-) Is different for each industry C-) Can spawn many projects D-) Describes project management activities
  • 71. Question #3 Your management has decided that all orders will be treated as “projects” and that project managers will be used to update orders daily, to resolve issues, and to ensure that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from $100 to $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation? A-) Because each individual order is a “temporary endeavor”, each order is a project. B-) This is program management since there are multiple projects involved. C-) This is a recurring process. D-) Orders incurring revenue over $100,000 would be considered projects and would involve project management.
  • 72. Question #3 Your management has decided that all orders will be treated as “projects” and that project managers will be used to update orders daily, to resolve issues, and to ensure that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from $100 to $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation? A-) Because each individual order is a “temporary endeavor”, each order is a project. B-) This is program management since there are multiple projects involved. C-) This is a recurring process. D-) Orders incurring revenue over $100,000 would be considered projects and would involve project management.
  • 73. Question #4 The previous project manager for your project managed it without much project organization. There is a lack of management control and no clearly defined project deliverables. Which of the following would be the BEST choice for getting your project better organized? A-) Adopt a life cycle approach to the project B-) Develop lessons learned for each phase C-) Develop specific work plans for each work package D-) Develop a description of the product of the project.
  • 74. Question #4 The previous project manager for your project managed it without much project organization. There is a lack of management control and no clearly defined project deliverables. Which of the following would be the BEST choice for getting your project better organized? A-) Adopt a life cycle approach to the project B-) Develop lessons learned for each phase C-) Develop specific work plans for each work package D-) Develop a description of the product of the project.
  • 75. Question #5 A company is making an effort to improve its project performance and create historical records of past projects. What is the BEST way to accomplish this? A-) Create project management plans B-) Create lessons learned C-) Create network diagrams D-) Create status reports Enroll in this course: http://goo.gl/LxhZqP
  • 76. Question #5 A company is making an effort to improve its project performance and create historical records of past projects. What is the BEST way to accomplish this? A-) Create project management plans B-) Create lessons learned C-) Create network diagrams D-) Create status reports Enroll in this course: http://goo.gl/LxhZqP
  • 77. Question #6 One of your team members informs you that he does not know which of the many projects he is working on is the most important. Who should determine the priorities among projects in a company? A-) The project manager B-) The project management team C-) The project management office (PMO) D-) The team
  • 78. Question #6 One of your team members informs you that he does not know which of the many projects he is working on is the most important. Who should determine the priorities among projects in a company? A-) The project manager B-) The project management team C-) The project management office (PMO) D-) The team
  • 79. Question #7 A market demand, a business need, and/or legal requirement are examples of: A-) Reasons to hire a project manager B-) Reasons projects are initiated C-) Reasons people or businesses become stakeholders. D-) Reasons to sponsor a project. Enroll in this course: http://goo.gl/LxhZqP
  • 80. Question #7 A market demand, a business need, and/or legal requirement are examples of: A-) Reasons to hire a project manager B-) Reasons projects are initiated C-) Reasons people or businesses become stakeholders. D-) Reasons to sponsor a project.
  • 81. Question #8 Consideration of ongoing operations and maintenance is crucially important to products of projects. Ongoing operations and maintenance should: A-) Be included as activities to be performed during project closure B-) Have a separate phase in the project life cycle, because a large portion of life cycle costs is devoted to maintenance and operations C-) Not be viewed as part of a project. A project is temporary with a definite beginning and end. D-) Be viewed as a separate project.
  • 82. Question #8 Consideration of ongoing operations and maintenance is crucially important to products of projects. Ongoing operations and maintenance should: A-) Be included as activities to be performed during project closure B-) Have a separate phase in the project life cycle, because a large portion of life cycle costs is devoted to maintenance and operations C-) Not be viewed as part of a project. A project is temporary with a definite beginning and end. D-) Be viewed as a separate project.
  • 83. Question #9 Lessons learned are BEST completed by: A-) The project manager B-) The team C-) The sponsor D-) The stakeholders Enroll in this course: http://goo.gl/LxhZqP
  • 84. Question #9 Lessons learned are BEST completed by: A-) The project manager B-) The team C-) The sponsor D-) The stakeholders
  • 85. Question #10 A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of: A-) Management attention to scope management. B-) Management planning. C-) A project expediter position. D-) A change control system.
  • 86. Question #10 A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of: A-) Management attention to scope management. B-) Management planning. C-) A project expediter position. D-) A change control system.