SE 5 Flashcards
A project…
A temporary endeavor
undertaken to create a unique
product , service or a result”
ex:* Final year project
* Going out for dinner
Project Quality
Quality of the project can be determined by
using three main constraints.
* Triple Constraints
* Scope – What is the project trying to
accomplish?
* Time – How long will it take to complete?
* Budget – What will be the cost ?
What is Project Management?
The application of
knowledge, skills ,
tools and techniques
to project activities
in order to meet
project requirement
➢Improved customer relations.
➢Lower costs
➢High quality products , services
ex: * Customers
* Users
* Suppliers
* Competitors
Internal Stakeholders
- Project manager
- Sponsor
- Vendors
- Customers
- Users
Top level
➢Board of Directors
➢Managing Director
➢Chairman
➢Chief Executive Officer
Determination of the objectives for the organization.
▪ Framing of plans and policies
▪ Coordination and control of the performance.
Middle
Serves as a link between the Top Level Management
and the Lower Level Management.
Department heads& Managers including
Production, Purchase, Finance, Personnel,
Marketing
Recruit and select suitable employees for different departments
based on the applicant’s skills, etc., And the firm’s requirements.
* Assigning of duties and responsibilities to the lower level
management
* Motivating employees to get desired objectives
Low
as they directly interact with
the actual work force and interpret the instructions of the middle level
managers to them.
ex: foremen, supervisors, section
officers, superintendents, and other managers who have direct control
over the operative employees of the organization.
- Representing workers’ grievances:
- Ensuring a safe and proper work
environment - Issuing of orders and instructions
- Preparation of plan for activities
Project Management phases
1.Initiation
2.planning
3.executing
4.Monitoring and controlling
5.closing
project manager
Planning , scheduling &
working with people to achieve project
goals.
A leader focuses on long-term goals &
big-picture objectives while inspiring
people to reach those goals.
SKILLS
▪ Be comfortable with change
▪ Understanding of the organization
▪ Project environment knowledge
▪ Be able to lead teams to accomplish project
goals
Internal Stakeholder
Any person/party who is involving in the
project or affected by the project
Internal/external
Primary/secondary
External stakeholders
- Media
- Government
- Competitors
SWOT
A technique used to analyze the internal and
external factors that can be affect to the business
environment (positive & negative)
Strengths
- Brand recognition
- Ease of use
- Innovative products
Weaknesses
- High price
- Lack of experience