Managing PI Flashcards
project life cycle
initiation, planning, execution, monitoring, closure,
1- initiation
identify PI opportunity
feasibility of project
define project objective/scope
select team mem
vision/mission statements
IP- effective team obj
members make them
communicate in two way mode
exp of ideas and feelings
distribute leadership/responsibility/power
incremental decision making
plan along the way due to not being able to anticipate
satisficing decision making
plan is good enough
maximizing decision making
plan has to be perfect
periodic controversy- IP
can facilitate change, positive opportunity
cost consciousness
must be aware that PI costs money, if PI won’t make money, must be good reason to pursue
IP- PI team composition
depends on work culture
bureaucratic org with hierarchies are less accepting of project management concept
org where employee interacts across org departments- more open to project management-
team group dynamics steps
cautious affiliation- learning about each other
competitiveness
harmonious cohesiveness
collab teamwork
high impact leadership
person centeredness
front line engagement
relentless focus
transparency
boundarilessness
2-planning
what r activities, and their duration
develop standards of success, schedule, cost estimates, training plan
perform task, track progress
gantt chart
see activities on estimated timeline
3-execution
recommend to leadership
execute implementation plan
begin training
track progress
revise project
4- monitoring
quantify variance
corrective actions
update plan
do project deliverable conform to established quality standards
address new risks
status report to stakeholders
keys to sucess
process is iterative, make data useful, avoid using average indicators (mask variations)
5-closure
final report
celebrate success
continue eval
find new opportunities
why projects fail
half-baked ideas for valuable projects
unrealistic project deadlines
underskilled proj managers
no solid business sponsorship
personality conflict
team members poor interpersonal skills- need to address them to function well
three phases of change
unfreezing- letting go of old way
moving- making change
freezing- stability, the change new normal
three waves of reliability improvement
tech/process solutions- majority of reduction
standardization
error trapping - lowest amount of reduction
