Project Management

1. PROJECT MANAGEMENT
PRESENTED BY
SIMRAN KAUR
MBA 2ND YEAR
IGICM

2. CONTENTS
 Concept of Project Management
 Components of Project Management
 Features of Project Management
 Phases of Project Management
 Processes of Project Management
 Project Management Life Cycle
 Issues regarding Project Management

3. Concept of Project Management
 Application of knowledge, skills, tools, and techniques to project activities
to meet the project requirements.
 It includes developing a project plan, which includes defining and
confirming the project goals and objectives, identifying tasks and how
goals will be achieved, quantifying the resources needed, and
determining budgets and timelines for completion.

4. Components of Project Management
 defining the reason why a project is necessary;
 capturing project requirements, specifying quality of the deliverables,
estimating resources and timescales;
 preparing a business case to justify the investment;
 securing corporate agreement and funding;
 developing and implementing a management plan for the project;
 leading and motivating the project delivery team;

5. Components of Project
Management(contd.)
 managing the risks, issues and changes on the project;
 monitoring progress against plan;
 managing the project budget;
 maintaining communications with stakeholders and the project
organisation;
 provider management;
 closing the project in a controlled fashion when appropriate.

6. Features of Project Management
 Market demand
 Business need
 Customer request
 Technological advance
 Legal requirement
 Social need

7. Phases of Project Management
 Initiation
 Requirements
 Planning
 Execution
 Closure

8. Processes of Project Management
 Monitoring
 Control
 Communication
 People management

9. Project Management Life Cycle

10. Issues regarding Project Management
 Administrative task
 Sharing of resource
 Vendor related task
 Dependencies
 Budget
 Adoption of Project Management tools

11. THANK YOU!!!