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Introduction to Project Management Concepts

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0% found this document useful (0 votes)
14 views6 pages

Introduction to Project Management Concepts

Uploaded by

Abkar Ali
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Engineering Project Management (IENG300)

Chapter 1
Modern Project
Management

Saeed Bamashmos
What is a Project?
• A project is a temporary endeavor undertaken to create a unique
product, service or result. A project must not be repetitive work.

• Major characteristics of a project:


– Established objectives.
– Defined life span.
– Working in cross functional teams.
– Introducing something new.
– Specific time, cost & performance requirements.

• Program vs. Project: A program is a group of related projects


designed to accomplish a common goal over an extended period of
time.
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Project Life Cycle

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The Challenge of PM
• Project Managers:

– Plan, schedule, motivate, track and control.


– Manage temporary non-repetitive activities to complete a project.
– Manage project teams, customers, performance, trade-offs & risks.

• Factors leading to increased use of PM:

– Compression of the product life cycle.


– Knowledge explosion.
– Triple bottom line (planet, people, profit).
– Corporate downsizing.
– Increased customer focus.
– Small projects that represent big problems.
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PM Integrative Approach
• An overview of all project management activities.

• Resources assignment.

• Risk assessment.

• Performance improvement.

• Communication with upper management.

• Portfolio management through a project office (PO).

• Project’s technical dimension represents the “science” of project


management while the sociocultural dimension represents the “art” of
managing a project.
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