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Chapter 1 modern project management

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Project Management 3e Gray and Larson © 2021 McGraw Hill Education All rights reserved Authorized only for instructor use in the classroom No reproduction or further distribution permitted without the.

Source: Mc Graw Hill Education All Rights Reserved, 2021 CHAPTER 1: MODERN PROJECT MANAGEMENT © 2021 McGraw-Hill Education All rights reserved Authorized only for instructor use in the classroom No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education Examples of Projects Given to Recent College Graduates • Business information: install new data security system • Physical education: develop a new fitness program for senior citizens • Marketing: execute a sales program for a new home air purifier • Industrial engineering: create a value chain report for every aspect of a key product from design to customer delivery • Chemistry: develop a quality control program for an organization’s drug production facilities • Management: implement a new store layout design Examples of Projects Given to Recent College Graduates • Pre-med neurology student: join a project team linking mind mapping to an imbedded prosthetic that will allow blind people to function normally • Sport communication: create a promotion plan for a women’s basketball project • Systems engineers: develop data mining software of medical papers and studies related to drug efficacy • Accounting: work on an audit of a major client • Public health: design a medical marijuana educational program • English: create a web-based user manual for a new electronics product What is a Project? • Project Defined –A complex, non-routine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs • Major Characteristics of a Project –Has an established objective –Has a defined life span with a beginning and an end –Requires across-the-organizational participation any –Involves doing something never been done before by company –Has specific time, cost, and performance requirements  Best example of project: Writing a policy manual Programs >< Projects • Program Defined –A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a goal –A higher level group of projects targeted at a common goal –Example: • Project: completion of a required course in project management • Program: completion of all courses required for a business major  For a construction companies that build many buildings, all building after the first still fit the definition of the project  The fact that projects are not confined to a single department but may involve several departments & professionals is a defining characteristic of projects PROJECT EVALUATION Objective evaluation: Planning with 5W1H Comparison of Routine Work with Projects Routine, Repetitive Work Projects Taking class notes Writing a term paper Daily entering sales receipts into the accounting ledger Setting up a sales kiosk for a professional accounting meeting Responding to a supply-chain request Developing a supply-chain information system Practicing scales on the piano Writing a new piano piece Routine manufacture of an Apple iPod Designing an iPod that is approximately X inches, interfaces with PC, and stores 10,000 songs Attaching tags on a manufactured product Wire-tag projects for GE and Wal-Mart TABLE 1.1 Project Life Cycle • FIGURE 1.1 Rolling Wave Development • Iterations typically last from one to four weeks • The goal of each iteration is to make tangible progress such as define a key requirement, solve a technical problem, or create desired features to demonstrate to the customer • At the end of each iteration, progress is reviewed, adjustments are made, and a different iterative cycle begins • Each new iteration subsumes the work of the previous iterations until the project is completed and the customer is satisfied • 10 FIGURE 1.3 The Challenge of Project Management • The Project Manager !!! – Manages temporary, non-repetitive activities and frequently acts independently of the formal organization – Marshals resources for the project – Is linked directly to the customer interface – Provides direction, coordination, and integration to the project team – Is responsible for performance and success of the project – Must induce the right people at the right time to address the right issues and make the right decisions 11 The Importance of Project Management • Factors leading to the increased use of project management: –Compression of the product life cycle –Global competition –Knowledge explosion –Corporate downsizing –Increased customer focus –Rapid development of Third World and closed economies –Small projects that represent big problems 12 Integrated Project Management Systems • Problems resulting from the use of piecemeal project management systems: –Do not tie together the overall strategies of the firm –Fail to prioritize selection of projects by their importance of their contribution to the firm –Are not integrated throughout the project life cycle –Do not match project planning and controls with organizational culture to make appropriate adjustments in support of project endeavors 13 Integrated Management of Projects FIGURE 1.2 Copyright © 2006 The McGraw-Hill Companies All rights reserved 14 Agile Project Management Agile Project Management (Agile PM) • Is a methodology emerged out of frustration with using traditional project management processes to develop software • Is now being used across industries to manage projects with high and delivery whereas traditional PM does not deliver nor elicit levels of uncertainty lặp lặp lại feedback from the customer until the project is nearly complete • Employs an incremental, iterative process sometimes referred to as a ‘rolling wave’ approach to complete projects • Focuses on active collaboration between the project and customer representatives, breaking projects into small functional pieces, and adapting to changing requirements • Is often used up front in the defining phase to establish specifications and requirements, and then traditional methods are used to plan, execute, and close the project • Works best in small teams of four to eight members recommend, thêm nhiều bước 15 A Socio-Technical Approach to Project Management giải mâu thuẫn qtrinh làm việc • 16 FIGURE 1.4 An Overview of Project Management 17 Key Terms Program ISO 9000 Project Project life cycle Sociotechnical perspective 18 ... support of project endeavors 13 Integrated Management of Projects FIGURE 1. 2 Copyright © 2006 The McGraw-Hill Companies All rights reserved 14 Agile Project Management Agile Project Management. .. interfaces with PC, and stores 10 ,000 songs Attaching tags on a manufactured product Wire-tag projects for GE and Wal-Mart TABLE 1. 1 Project Life Cycle • FIGURE 1. 1 Rolling Wave Development • Iterations... address the right issues and make the right decisions 11 The Importance of Project Management • Factors leading to the increased use of project management: –Compression of the product life cycle

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