Project Management

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Mani Subramanian
What is Project?
 is a temporary endeavor with a beginning and an end.
 Delivers Unique Product, Service or result.
Interesting facts of Projects
 Only 34 percentage of Projects succeed.
 46 Percentage of Projects are Cost over run.
What is Project Management?
Did you say?
 People skills
 Software
Project Management
 The application of Knowledge, skills, tool and
techniques to project activities to meet the project
requirements.
 It includes 42 Processes
- 5 Process Groups
- 9 Knowledge Areas
 Who defines these processes?
- PMI (Project Management Institute)
- www.pmi.org
Project Management is
Project Knowledge Areas
 Project Integration Management
 Project Scope Management
 Project Time Management
 Project Cost Management
 Project Quality Management
 Project Human Resource Management
 Project Communication Management
 Project Risk Management
 Project Procurement Management
PMI and its Roles
 Project Management Institute
 Roles
 is one of the world's largest professional membership
associations.
 Has more than 600k members from 185 countries.
 Defines standards for Project, Program and Portfolio
managements.
What is Program Management?
 Is group of related Projects.
 Helps on



Decreased risk
Economies of scale
Improved Management
What is Portfolio Management?
 Is group of Programs to achieve specific strategic
business goal.
Portfolio, Program, and Project
Management Interactions
Project Manager
Role of Project Manager
 Developing Project Management Plan and all related
components Plan,
 Keeping the project on track in terms of Schedule and
budget,
 Identifying, Monitoring, and responding to risk, and
 Providing accurate and timely reporting of project
metrics.
Project Constraints
What we learned
 Project, Program and Portfolio
 Project Management
 42 processes overall, classified with 5 Process groups
and 9 Knowledge Areas
 Project Manager responsibilities
 Project Constraints.
 PMI (Project Management Institute)
Project is
 A. It has a beginning and an end.
 B. Managed by Project Manager.
 C. Group of Tasks.
 D. contains 1 or more team members.
Project is
 A. It has a beginning and an end.
Group of related project is
 A. Multi-project
 B. Relational Project.
 C. Program
 D. Portfolio
Group of related project is
 C. Program
How many process groups
in Project Management?
 A. 2
 B. 9
 C. 5
 D. 15
How many process groups
in Project Management?
 C. 5
They are
 Initiating
 Planning
 Executing
 Monitoring and Controlling
 Closing.
How many Knowledge Areas in
Project Management?
 A. 9
 B. 5
 C. 1
 D. 12
How many Knowledge Areas in
Project Management?
 A. 9
Project Knowledge Areas
 Project Integration Management
 Project Scope Management
 Project Time Management
 Project Cost Management
 Project Quality Management
 Project Human Resource Management
 Project Communication Management
 Project Risk Management
 Project Procurement Management
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