project management basics

Project Management:

Project Management

Agenda:

Agenda What is Project Management Project Management in India AstroWix

What is a Project?:

What is a Project?

Projects?:

Projects?

What is a Project?:

What is a Project? How Temporary? Has a definite beginning and end , not an on-going effort Ceases when objectives have been attained Team is disbanded upon project completion Unique? Product characteristics are progressively elaborated The product or service is different in some way from other product or services Project – A temporary endeavor undertaken to create a unique product or service or result

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Poor communication Insufficient resource planning Unrealistic schedules & poor duration estimation Poor project requirements Lack of stakeholder buy-in & no accountability Undefined project success / closure criteria Unrealistic budgets No risk planning Lack of change control process Lack of executive support Resource attrition Lack of synchronization Project Failure

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Executive management support User involvement (optimum) Realistic expectations Clear statement of requirements Proper documentation Public exposure Competitive & Budgetary pressure Project Success

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Project Manager Customer/User Performing Organization Project Team Members Project Management Team Sponsors Influencers Key Stakeholders : Generic Project Stakeholders Individuals and organizations Involved in or affected by the project outcome

Need of the Hour: Project Management:

Need of the Hour: Project Management Project Management: The application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations.

The Project Objectives Triangle:

The Project Objectives Triangle Quality Balancing scope, time and cost (within the framework of quality) Time Cost Scope

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Project Management Philosophy The “Golden Rule” of Project Management is three words: Plan Organize Control

Introduction PMI:

Introduction PMI Established in 1969 240,000 members 110 Countries Globally recognized standards and Certifications Objectives

PMI in India:

PMI in India PMI Office # 1031, Regus Level Ground &1, Trade Centre Bandra Kurla Complex, Bandra (E) Mumbai, India - 400-051 Tel: +91 22 4070 0325 Fax: +91 22 4070 0800 E-mail: pmi.india@pmi.org PMI Regional Service Centre New Delhi, India Tel: +91-124-4517140 E-mail: customercare.india@pmi.org Opened office in March 2008 Foster the advancement of standardized, professional project management principles through the advancement of its leadership development and certification programmes to ensure projects are delivered on time and within cost

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Project Management in India

Current portfolio size of government projects:

Current portfolio size of government projects Category Number of Projects Investment (Rs Crore ) Investment In % of Total Expenditure Till Qtr (Rs. Crore ) Mega Projects 75 241019.47 57.58 86984.69 Major Projects 456 156375.42 37.36 67894.35 Medium Projects 378 21189.29 5.06 9550.01 Total 909 418564.17 100.00 164439.05 Source: Presentation by Mr. R K Gupta, DDG, NIC

India Awakens to Project Management :

India Awakens to Project Management With the implementation of Project Management processes, DMRC has not only stuck within the completion of project targets, some stretches have finished six months ahead of time PMI recognized the contributions of Dr. E. Sreedharan , Managing Director of Delhi Metro Rail Corporation, to the project management profession because of his outstanding work on the Konkan Railway, Delhi Metro

India Awakens to Project Management :

India Awakens to Project Management India’s space program achieved a significant milestone on 23 April 2007 when it successfully put into orbit a commercial satellite for the Italian Space Agency. Golden Quadrilateral Project, the 5847 km expressway links Delhi, Mumbai, Chennai and Kolkata. This project started in 1998 and is scheduled to complete in 2015 with a budget of $71 billion. Source: PMI Network Dec 2008

India Awakens to Project Management :

India Awakens to Project Management Renovation of the Delhi Airport. Phase I completing in 2010 catering to 20-25 million passengers in a budget of 3200 crore with improvisation in trolley management, queue management, seating, parking, landscaping and security. 26 mega projects under the Commonwealth Games Umbrella including the Games Village, Flyovers, Under-bridges, Improvisation of 2 Indoor Stadiums.

Growth in the Career Prospects in Project Management:

Growth in the Career Prospects in Project Management

Growth Potential/Acceptance of PM:

Growth Potential/Acceptance of PM Has the importance of project management for your organization increased over recent year? Do you believe that greater/less use of project management will become necessary in your organization in the future 70% said a lot 87% Definitely Project Management World Study , University of Bremen, PMI, and others

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Where would you find a Project Management Professionals? The Value of Project Management Telecommunication Verticals Information Technology Civil Engineering Infrastructure Petrochemical Government Sector Health Care Pharmaceutical

AstroWix:

Enterprise Project Management | - Assessment – Configuration – Customization – Training Excellence in Project Delivery is our commitment. Project Management Competence | - OPM3TM - PgMP ®- PMP®- CAPM® Leaders are not born but cultivated. Learn-to-Lead is what we believe in. Portals & Enterprise Content Management| - Architecture – Configuration – Customization Leading through Collaboration is our mantra. AstroWix

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Thank You