Project Management Jayesh Khatri 1 2 Definition A project is a unique set of coordinated activities, with definite starting and finishing points, undertaken by an individual or team to meet specific objectives within defined time, cost and performance parameters as specified in the business case. Project Management is much more than the task carried out by a project manager. Project Management is combination of the Roles and Responsibilities of the individuals assigned to the project, the organisational structure that sets out clear reporting arrangements and the set of processes to deliver the required outcome. Project management ensures that everyone involved knows what is expected of them and helps to keep cost, time & risks under control. 3 Three constraints Scope - Quality - Team Cost Schedule 4 Why do we need Project Management Optimum utilization of Resources Improve the cost consumption Reduce the time to Market 5 History of Project Management 1950s US DoD Invented CPM & PERT 1960s US DoD created Earned Value and WBS 1970s PMI proposed triple constraints 1980s PMI Published PMBOK 1990s 2000s PMI Initiated PP certification Project Managers seeks best practices 2008~ The rise of Agile project management practices CPM - Critical Path Management PERT- Program Evaluation and Review technique 6 Basics of Project Management Initiation WHY WHAT Planning WHEN HOW Tracking, Monitoring & Controlling Closure WHO 7 Standards Project Kick-off/Initiation - Project Initiation form - WBS - Identifying the team - Licensing activities- to be initiated - Finalization of Strategies- R&D, Sourcing, IP, Regulatory - Identification of Risks and mitigation plan - Macro schedule - Project Charter Project Planning: - Micro schedule :Finalization of milestones timelines with key stakeholders - Highlight the Key milestones to focus on overall program - Resource Mapping 8 Continued…… Project Monitoring & Tracking - Execution - Reviews - Escalation - Conflict Management - Resource utilization - Prioritization and de-prioritization Project Controlling: - Phase gate meetings - Budget control Project Closure: - Variance- Base schedule Vs Actual timelines - Major Reasons for the delay - Base Cost Vs Actual Cost incurred (Project Margin difference) - Learning 9 Enterprise Project Mgmt Executive team End user Manager Enterprise deployment Power user Developers 10 Gantt Chart 11 New product development–Simple project plan (API) Sr. No Milestones 1 Project Kick-Off 2 Availability of Test License 3 RM Availability for Lab 4 Lab Development Base Plan Current Plan Variance/Reason Feasibility Analytical Method development Lab Optimization Lab Assurance batches Mfg License 5 Tech Transfer 6 RM procurement for Plant 7 Trial batches 8 Validation batches 9 Stability data 10 DMF filing 12 New product development–Simple project plan(Dosage) Sr. No Milestones 1 Project Kick-Off 2 Availability of Test License 3 Availability of Import License 4 RM procurement for Lab 6 Analytical Method development 5 Lab Development/Mfg License application 6 Pilot bio Initiation (BE NOC) 7 Pilot bio completion 8 RM procurement for Plant 9 Exhibit batches 10 Pivotal Study initiation 11 Pivotal Study completion 12 Stability data 13 ANDA/EU Filing Base Plan Current Plan Variance/Reason 13 Change Request form The change request form is used to submit a request for change in a project. This document can be used to avoid scope creep in a project. Scope creep is adding work without corresponding updates to cost, schedule and quality. Scope creep can render original project plans unachievable. The change request form summarizes the reasons and costs associated with a particular change. Making any change request a formal part of the project management process will allow for discussion of the change with all project team members and for everyone to be aware of any changes 14 Project collaboration …… Project Mgmt R&D SCM ARD Financ e IP QC/ QA RA MFG 15 project management tools Here are examples and explanations of four commonly used tools in project planning and project management, namely: Brainstorming, Fishbone Diagrams, Critical Path Analysis Flow Diagrams, and Gantt Charts. Additionally and separately see business process modelling and quality management, which contain related tools and methods aside from the main project management models shown below. The tools here each have their strengths and particular purposes, summarised as a basic guide in the matrix below. Matrix key: B = Brainstorming F = Fishbone/Ishikawa Diagrams C = Critical Path Analysis Flow Diagrams G = Gantt Charts *** - main tool ** - optional/secondary tool * - sometimes useful Project brainstorming and initial concepts, ideas, structures, aims, etc Gathering and identifying all elements, especially causal and hidden factors B F *** ** * *** Scheduling and timescales Identifying and sequencing parallel and interdependent activities and stages * Financial - costings, budgets, revenues, profits, variances, etc * Monitoring, forecasting, reporting G ** ** *** *** * * ** *** * ** *** ** * * *** Troubleshooting, problem identification, diagnosis and solutions ** *** 'Snapshot' or 'map' overview - non-sequential, non-scheduled ** *** Format for communications, presentations, updates, progress reports, C * 16 The Plan-Driven “Manifesto” It is better to know than not How much is this project going to cost ? How long will it take ? Who will need to be involved and when ? What can I expect and when can I expect it ? 17 Project prioritization and de-prioritization MoSCoW is a prioritisation technique used in business analysis and Product development to reach a common understanding with stakeholders on the importance they place on the delivery of each requirement - also known as MoSCoW prioritisation or MoSCoW analysis. According to A Guide to the Business Analysis Body of Knowledge, version 2.0[1], section 6.1.5.2, the MoSCoW categories are as follows: M - MUST: Describes a requirement that must be satisfied in the final solution for the solution to be considered a success. S - SHOULD: Represents a high-priority item that should be included in the solution if it is possible. This is often a critical requirement but one which can be satisfied in other ways if strictly necessary. C - COULD: Describes a requirement which is considered desirable but not necessary. This will be included if time and resources permit. W - WON'T: Represents a requirement that stakeholders have agreed will not be implemented in a given release, but may be considered for the future. The o's in MoSCoW are added simply to make the word pronounceable, and are often left lower case to indicate that they don't stand for anything. MOSCOW is an acceptable variant, with the 'o's in upper case. 18 Benefits centered Project Management Project management beyond its role 19 What is Benefits Centered Project Management The efficient management of the execution of a project within a controlled environment to: achieve the required benefits for the operation of the business. achieve a set of defined business outcomes. co-ordinate the planning, monitoring and control of the project with benefit efficiency as the key. 20 Why Do We Need Benefits Centered Project Management The need for real success Need to include the management of the benefits in the project A business benefit driven approach to delivering the project The holistic approach Effective/efficient use of scarce resources (M’s) 21 The changes in Benefits Centered Project Management Revised contents of the Project Control Documents Revised Project Management organization structure New planning techniques Revised Contents of the Project Control Documents The use of a wider (benefits centered) definition of what the project is to deliver. • Re-structured User Requirements – lateral and vertical MOSCO. 22 Project Delivery Defined In • Business Vision – The business benefits or changes (Quantitative or Qualitative - to be obtained) • Operational Vision – What the organization or function will be like once we have completed the Project • Change Vision – The attitude and or culture changes needed 23 Managing a Successful Project Needs Empowered decision making Leadership at a senior level Active management of the project Well defined procedures for change control, conflict resolution, issue and risk management Open, flexible and well informed regime Flexible and responsive top down decision making Common vocabulary and understood roles & responsibilities Collaboration and integrity amongst those involved in the Project Effective financial accountability 24 Key Elements of Project Work People Project Tools Processes 25 New Terminologies CCPM- Critical Chain Project Management CPM – Critical path Management PERT- Program Evaluation and Review technique P2P- Project 2 Project 26 Key points- Internal strategies Timelines should be committed by respective Dept Head Special focus on key milestones dates Monthly planning sheet for key milestones Strong Internal Project Reviews – Fortnightly / Monthly (All dept head should be available) Internal meetings with R&D, PRC, Planning & Production team –Fortnightly (driven by Project Manager) Internal meetings with R&D/IPM/Sourcing team- Fortnightly/Monthly Active participation of all team members in Project kick-off meetings 27 28 Thank You 29