2. WHAT IS PROJECT ?
• A collection of linked activities, carried out in an organised
manner,with a clearly defined START POINT and END
POINT to achieve some specific results desired to satisfy
the needs of the organisation at the current time.
3. WHAT IS PROJECT MANAGEMENT?
• A dynamic process that utilises the appropriate resources
of the organisation in a controlled and structured manner,
to achieve some clearly defined objectives identified as
needs.
• It is always conducted within a defined set of constraints
4. WHY IS PROJECT MANAGEMENT
USED?
• It is necessary to Track or Measure the progress we have
achieved towards a Goal we wish to accomplish.
• We use Project Management to Aid us in Optimizing our
resources to accomplish our goals.
6. 1.Planning Phase:Most important phase of the project
management. Planning is an art and science of converting a
set of objectives to realization through a series of steps
executed in an organized and predicted way so that there
will be less requirement of changes in the plan later on.
The old saying “Plan the work, Work the plan”
7. 2.Scheduling Phase:It is the process of formalizing the
planned activities, assigning the durations, resources and
sequence of occurrence in consultation with the team
members.
Planning and Scheduling phases are under taken before
the actual project starts.
8. 3.Controlling phase :It is undertaken during the actual
project implementation.Project controlling is a mechanism
established to determine deviations from the project base
schedule, to re-plan & reschedule during implementation to
compensate the deviations on the basis of commissioning
minima, flow of resources like finance, manpower,
equipment & application techniques.
9. 4.Closing phase: It is the last phase of the project which
brings close out of the complete project. Whatever the
project requirements are pre-defined, during this phase the
total delivery is made and it is accepted by the customer.
Maximum conflicts can arise in the project during this phase
between those who have worked to deliver the outcome
(contractor) and those who are accepting the results of the
work (customer)
10. PROJECT MANAGEMENT TOOLS
• Project management is a challenging task with many
complex responsibilities. Fortunately, there are many tools
available to assist with accomplishing the tasks and
executing the responsibilities.
• No one tool addresses all project management needs.
Program Evaluation Review Technique (PERT) and Gantt
Charts are two of the most commonly used project
management tools. Both of these project management
tools can be produced manually or with commercially
available project management software.
11. CRITICAL PATH METHOD
• The minimum time(MT) required to complete the project is
the maximum of all the paths from start to finish.
• The distances of all the paths from start node A to finish
node F are: Max of (A->B->C->F(2+1+3=6), A->D->E->F(4+3+2=9), A-
>B->E->F(2+2+2=6) ).Therefore MT=9
A
B
D E
F
C
2
1
2
4
3
3
2
12. GANTT CHARTS
• Gantt chart are mainly
used to allocate resources
to activities.Gantt chart are
useful for resource
planning.Gantt chart is a
special type of bar chart
where each bar represents
an activity.The bars are
drawn along the time line
13. PERT CHARTS
• PERT(Project Evaluation
And Review Techniques)
consist of network of
boxes and arrows.The
boxes represent activities
and the arrow represent
task dependencies.
• PERT charts is useful for
monitoring the timely
progress of activities.
14. CONSEQUENCES OF NOT USING PM
• DELAY
• COST
• WASTE OF RESOURCES
• QUALITY
• DISSATISFACTION
• REPUTATION