2. • Be punctual
• Come for lectures regularly
• No private discussions
• No mobile phones
• Ask questions when you have doubts
• Answer questions, don’t look down
• Listen carefully, the slides might not have everything I say but your
question paper will.
• “Be a good listener. Your ears will never get you into trouble.”-
Frank Tyger
Before we begin…
5. • What is a project? Consider the following list.
– Final Year Project
– Going out for dinner
– Fresher’s welcome
– Setup new building for E-Fac
– Win Inter-university championship in Badminton 2014
– Attend lectures
Understanding the concept of project
6. Let us distinguish Projects vs
Operations
• Construct a factory
• Introduce a new product
• Start a new hospital
• Produce products
• Manufacturing
• Treat patients
7. • Projects and operations have similarities still they are different
• Both Projects and Operations are:
– Performed by people
– Constrained by limited resources
– Planned, executed and controlled
• But operations - on-going and repetitive
• Projects – temporary and unique
Projects vs. Operations
8. • Set of activities/ tasks
• Aimed at achieving certain objective(s)
• Unique
• Temporary
• Produces a product, service or a result
What are projects?
9. • Personal
– Deliver vote of thanks at Colours Awards 2014
• Community level
– Organize CodeFest 2014
• Organizational
– Convocation 2014
• National
– Kandy Colombo highway
• Global
– Global warming and climate change
Project can be at different level
10. • Project: A Project can be defined as, a temporary endeavor
undertaken to create a unique product, service or a result.
• (A Guide to Project Management Body of Knowledge 2013,
PMI)
• A project is a one-time, multitask job that has clearly defined starting
and ending dates, a specific scope of work to be performed, a budget,
and a specified level of performance to be achieved.
• (James P. Lewis , The Project Manager's Desk Reference )
Definition: Project
11. • Temporary means that every project has a definite beginning and a
definite end.
• Temporary does not mean “Short term”. It only means that there is a
definite end date.
What is “Temporary”?
12. • The projects objectives have been achieved
• It becomes clear that the project objectives will not or cannot be met
• The need for the project no longer exists and the project is terminated
A Project will end..
13. • The past was not encouraging
• Many failures
• Decided to follow formal methods
Why manage?
14. • What we need to achieve – Goal
– Initiating Processes
• How to achieve – Plan
– Planning Processes
• Follow the plan – Execute
– Executing Processes
• Look after what is done – Monitor & control
– Monitoring and Controlling Processes
• Complete – Close the project
– Closing Processes
What is done in managing?
15. • Project management: Project Management is the application of
knowledge, skills, tools and techniques to project activities, to meet
project requirements.
Definition
16. • Identifying requirements;
• Addressing the various needs, concerns, and expectations of the
stakeholders
• Setting up, maintaining, and carrying out communications among
stakeholders
• Managing stakeholders towards meeting project requirements and
creating project deliverables;
• Balancing the competing project constraints
– Scope, Quality, Schedule, Budget, Resources, Risks
Managing a project typically includes
17. • PMI has defined a set of processes to be used in projects.
• There are 47 processes in all, grouped to 5 process groups namely
– Initiating
– Planning
– Executing
– Monitoring and Controlling
– Closing
PM Processes
20. • A collection of related projects is called a program
• A project may be divided into sub projects
Projects and Programs
21. • Not all project are selected
• The group of selected projects is known as the project portfolio and
this process is known as project portfolio management.
Project Portfolio
22. • Came up with Project Management Body of Knowledge (PMBOK)
– Latest is PMBoK 5th Edition, 2013
• A guide for project managers
Project Management Institute
23. • Projects are typically authorized as a result of one or more of the following
strategic considerations
• A market demand
• An organizational need
• A customer request
• A technological advance
• A legal requirement
Or when you are asked to do it (Final Year Project)
End of Presentation
Why do we start projects?