Project Management Basics: Difference between revisions

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This section reviews a few of the basic building blocks for the other sections of the toolkit.  
This section reviews a few of the basic project management building blocks for the other sections of the toolkit.
A '''project''' must have a defined objective (product, service, result) with a start and a finish.  Projects should not be confused with ongoing work.


Project = defined objective with a start and a finish
Project Management is the application of knowledge, skills, tools and techniques to carry out a project
Project Management = application of knowledge, skills, tools and techniques to carry out a project
Project Manager = person who oversees the full project lifecycle


A '''project manager''' oversees the project lifecycle from planning, scheduling, executing, monitoring and controlling, and closing.  There should only be one project manager in a project.  Important characteristics for project managers are to be knowledgeable, performance-driven, and an effective communicator.


Project Phases include initiation, planning, implementation, and closing.


Project must have a defined objective (product, service, result) with a start and a finish (not ongoing work, not portfolio management or program management).
There are different factors or constraints to monitor and control in a project. Commonly known as the triple constraint, the scope, time, and cost are managed and adjust in a project. Quality and risk should also be considered.  
Project Manager oversees the project lifecycle (planning, scheduling, executing, monitoring and controlling, closing). There should only be one project manager per project (vs. teams, functional or operations manager). PM characteristics: knowledgeable, performance-driven, and personable.
Project Phases: Initiation, Planning, Implementation, and Closing
Triple constraint: Scope, Time, and Cost; also consider Quality and Risk


Project Management provides a framework and best practices for projects.
Example: The following formula can be used to estimate the time of a task.


Project Management provides a framework and best practices (PMBOK)
'''Three-Point Estimate'''


Example: Formula breaks down work into simpler ta
Three-Point Estimate = Simple formula to estimate time
Determine:
Determine:
-optimistic value, D(o)
-optimistic value, D(o)
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Then:
Then:
Duration = (D(o) + 4D(r) + D(p)) / 6
Duration = (D(o) + 4D(r) + D(p)) / 6
Critical to the success of any project is communication.  Before beginning a project, consider the frequency (weekly, monthly, quarterly) and methods of communication (email, im, in-person; frequency of meeting).  A communication plan should include the who, what, when, where, why & how.


References
References

Revision as of 01:54, 12 October 2018

This section reviews a few of the basic project management building blocks for the other sections of the toolkit.

A project must have a defined objective (product, service, result) with a start and a finish. Projects should not be confused with ongoing work.

Project Management is the application of knowledge, skills, tools and techniques to carry out a project.

A project manager oversees the project lifecycle from planning, scheduling, executing, monitoring and controlling, and closing. There should only be one project manager in a project. Important characteristics for project managers are to be knowledgeable, performance-driven, and an effective communicator.

Project Phases include initiation, planning, implementation, and closing.

There are different factors or constraints to monitor and control in a project. Commonly known as the triple constraint, the scope, time, and cost are managed and adjust in a project. Quality and risk should also be considered.

Project Management provides a framework and best practices for projects. Example: The following formula can be used to estimate the time of a task.

Three-Point Estimate

Determine: -optimistic value, D(o) -pessimistic value, D(p) -realistic value, D(r) Then: Duration = (D(o) + 4D(r) + D(p)) / 6

Critical to the success of any project is communication. Before beginning a project, consider the frequency (weekly, monthly, quarterly) and methods of communication (email, im, in-person; frequency of meeting). A communication plan should include the who, what, when, where, why & how.

References