Lecture 1 Flashcards
What are the common aspects of Project Management?
uniqueness
temporary (beginning and end)
focused (specific benefit)
constraints
give two examples of things which count as a project
constructing olympic stadium
producing a film - e.g. avatar
give two examples of things which are not considered projects and why
construction of a airline jet
- not unique.
managing a football team
- not temporary, no defined beginning and end.
Give three aspects that project management is important in
- complex products and services
- shortening of life cycles of products
- tailoring to customers needs
What are the 4 groups beneath the board of directors
what is important between these groups
Research and development department
Accounting department
Operations department
Marketting department
communication is important to produce final product.
- this makes it a back and forward tedious process
What aspects make up a project management
- aspect uniqueness (something not done before)
- mission focused
- temporary
- change (producing something different)
- integrating: departments with each other and clients with products
- social construction: everyone to agree, resolve conflicts (most important)
- emergence and uncertainty - in supply and demand
what is volume vs. variety and what does the graph ususally show
volume = how many tasks/unit time
variety = degree by which tasks vary.
negative correlation - as variety increases volume decreases.
and variety decreases and volume increases get a reduced risk of uncertainty.
what are three catagories a project can go into
first timers: no comparable project, eg. computer, moon landing.
as buts: the same as last project but with these differences.
painting by numbers: eg. building a macdonalds branch,
What are the two models to overcome project envrionment issues.
PESTEL - external factors
MODST - internal factors
what is PESTEL
Politcal - change in government policies Economical Social - ageing society etc. Technological - advances Environmental - social responsibility. Legal- intellectual property etc.
what is MODST
Mission- outcome of project needs to be clearly defined.
Organisation - team over multiple time zones etc.
Delivery - inaproprioate resolves
Stakeholders- conflicting requirements.
Team - lack of experience or training.
what do general management do
maintanance
manage status quo through optimisation
permenant organisational structure, authority well defined.
what do project managers do
innovation
oversee changes
work in temporary strucutre
what are the different roles/hierarchies of a project managing work force
Chief Executive officer - vision
senior manager - organisation strategy - competative analysis
portfolio manager -portfolios - capability and capacity
programmer manager - programmes
project manager - project strategies
project team - project task
what is a vision and where is it expressed
where is it heading, expressed in the mission