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A Guide to the Project Management Body of Knowledge (PMBOK Guide), PMI, Newton Square, PA, 2. Strategic Planning for Project Management Using a Project Management Maturity Model, Wiley, New York, NY, 2. Stevenson, N. Microsoft Project 2. Dummies, Wiley, Indianapolis, IN, 2. Gantt (1. 86. 1- 1. Gantt Chart In the late 1. Du. Pont Company developed the Critical Path Method (CPM) Also in the late 1. Booz Allen Hamilton developed the Program Evaluation and Review Technique (PERT), which models uncertainty in project management 1. Importance of Project Management. Project management effectively controls organizational change, allowing organizations to introduce new products, new processes, and new programs effectively. Projects are becoming more complex, making them more difficult to control without a formal management structure. Projects with substantially different characteristics, especially in IT, are emerging. Project management helps cross- functional teams to become more effective. Comment on the Importance of Project Management. At last we are beginning to see research which proves how important project management is .. Richard Pharro, author and consultant (2. Still, many organizations underappreciate the contributions made by their project managers. What is a Project? A project is a temporary endeavor undertaken to create a unique product or service. Two prevalent characteristics Each task may be started or stopped independently of other tasks Tasks are ordered such that they must be performed in a technological sequence. Examples of Projects. ![]() Gmail is email that's intuitive, efficient, and useful. 15 GB of storage, less spam, and mobile access. Offers guidance and resources on most aspects of small business management. Construction of the pyramids Apollo moon landing mission Development of MS Windows Making The Lord of the Rings Organizing the Olympics Games Development and marketing of a new drug Implementing a new company wide IT system Design of this course Project management spans both the manufacturing and service sectors. Manufacturing Perspective. Flowshop The same sequence of operations is used to create each product or service. Job Shop A product or service only flows through centers which are required to create it. Characteristics of Flowshop, Job Shop and Project 1. Project Management versus Process Management Ultimately, the parallels between process and project management give way to a fundamental difference process management seeks to eliminate variability whereas project management must accept variability because each project is unique. J. Bringing Discipline to Project Management. Harvard Business Review. See coursepack article Oltra, Maroto and Segura 1. Lean Principles in Project Management. Focusing on customer needs Balancing work to ensure an even flow Using customer pull rather than supplier push to initiate work Using principles of continuous improvement. See coursepack article Brown et al. Measures of Project Success. Overall perception Cost Completion time Technical goals, compared to initial specifications Technical goals, compared to other projects in the organization Technical goals, taking into account the problems that arose in the project. R. J. Might and W. A. Fischer (1. 98. Question Was the movie Titanic successful? See coursepack article The Chaos Report 2. Nine Factors Critical to the Success of Many Projects. Clearly defined goals Competent project manager Top management support Competent project team members Sufficient resource allocation Adequate communication channels Effective control mechanisms Use of feedback for improvement Responsiveness to clients. J. Pinto and D. Slevin (1. See coursepack article Czuchry and Yasin 2. Famous Project Failures. In 1. 98. 8, Westpac Banking Corporation initiated a 5- year, 8. Three years later, after spending 1. The computerized baggage handling system at the Denver International Airport delayed the opening of the airport from March 1. February 1. 99. 5 and added 8. The baggage system continued to unload bags even though they were jammed on the conveyor belt. The system also loaded bags into telecarts that were already full. Hence, some bags fell onto the tracks, causing the telecarts to jam. The timing between the conveyor belts and the moving telecarts was not properly synchronized, causing bags to fall between the conveyor belt and the telecarts. Then the bags became wedged under the telecarts, which were bumping into each other near the load point. Thousands of Disney customers who had purchased tickets had to be compensated for making different plans. In 1. 99. 7- 9. 9, Universal Studios in Orlando, Florida, built a new restaurant and entertainment complex, a two year project. The opening was delayed by three months. The Big Dig road construction project in Boston (1. The project resulted in criminal arrests, thousands of water leaks, death of a motorist from a tunnel collapse, and hundreds of millions of dollars in lawsuits. In 2. 00. 5, UK grocery chain J. Sainsbury wrote off its 5. They hired 3. 00. Reasons why Projects Fail. Improper focus of the project management system, e. IT project management is an 8. Gene Bounds, The Last Word on Project Management, IIE Solutions, 1. IT Projects are Differentin IT projects, if you ask people whats done and what remains to be done there is nothing to see. In an IT project, you go from zero to 1. J. Vowler (2. 00. Engineering projects are measured by tasks completed. Example building construction. IT projects are measured by resources used. Example software development 2. IT Project Outcomes. Standish Group Survey, 1. Wheelwright and Clarks Classification of Projects 3. Project Life Cycle 3. Design (Scope), Cost, Time Tradeoffs. You can have your job done cheap, quick, or right pick two. Sign in local copy center. Once the initial level of maturity and areas for improvement are identified, the PMMM outlines the steps to take toward project management excellence PMMM is based on extensive empirical research that defines a best practice database, as well as a plan for improving the project management process 3. Project Management Maturity Model 1. Microsoft Community.
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