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Project management life cycle

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Project management life cycle

  1. 1. Project Lifecycle
  2. 2. Project Management What is Project?  A project is a temporary endeavor undertaken to create unique product, service or result. What is Project Management?  Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
  3. 3. Project Organization
  4. 4. Project Cost & Staffing Level
  5. 5. Impact of variables
  6. 6. Project Management Processes (Project Life Cycle) Initiating Planning Executing Monitoring & Control Closing Authorize the Work Plan the Work Work the Plan Control the Plan End the Work Define a new project Identify stakeholders Obtain Authorization Develop an integrated project management plan Complete the work and satisfy project objectives Track and review project progress and performance; manage variance and change Finalize all activities and formally close the project or phase •Project Charter •Stakeholder Register •Project Management Plan •Project Deliverables •Work Performance Data •Change Requests •Approved Change Requests •Updates to Project Plan •Verified Deliverables •Cost & Schedule Forecasts •Final Product •Closed Procurement KeyOutputsActivities
  7. 7. Project Cycle
  8. 8. Initiation Why • Goals What • Scope • Skills Who • Team
  9. 9. Project Charter Sample Project Charter
  10. 10. Stakeholders WHO? Is paying for it Is making profit of it Is using it Is with/against it Influences it Will be promoted Will be punished
  11. 11. Stakeholders Interest Influence
  12. 12. Planning stage “Man does not plan to fail, he just fails to plan.” Anonymous
  13. 13. Work Breakdown Structure Work Breakdown Structure (WBS)  Hierarchical decomposition of the total scope of project Work Package  Lowest level of WBS for each cost and duration can be estimated Project Plan Resources Schedule Work Breakdown Structure
  14. 14. WBS Building a House Building Walls & Roof Plumbing Garden Plantation (sample) WBS for TEL 1x330MW Power Plant Project Master Project Schedule for TEL 1x330MW Power Plant Project
  15. 15. Execution Monitoring & Controlling Closing
  16. 16. Project Management KA
  17. 17. Project Management KA
  18. 18. Project Management KA

Hinweis der Redaktion

  • Goal
    Objectives
    Benefits
    Success-Criteria
    Approach
    Assumptions
    Constraints
    In-Scope
    Out-of-Scope
    Stakeholders
    Risks
    Milestones
    Communications
  • Change Management, Progress Tracking, Communication
  • “Everybody has a plan until they get punched in the face.”  ― Mike Tyson

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