1. PMP Preparation and Advanced Course on Project ManagementLecture I Ali Khan, BE, PMP Development Manager, FinalTier Systems Chief Host, TheDailyPM.com
16. Legal Requirements (new industrial unit for safer treatment of toxic material, new buildings with green energy usage)Why Projects are authorized?
17. Program Group of projects Examples Portfolio Group of programs and projects Examples Project, Program and Portfolio
18. Definition & Need Roles: Managing shared resources Identify and develop best practices, standards etc. Coaching, mentoring, training Monitoring compliance with standards, policies, procedures, templates etc. Developing templates, procedures, other shared documentation Coordinating communication across projects PMO
19. Keep in focus all kinds of organizations There can be multiple phases within each project – which can be seen as individual projects. Projects and operations can intersect at closeout phase, upgrading a product, improvement of operations, during last phase etc. Miscellaneous
38. Projects Success Rate 53% Challenged 16% Success 31%Critical Failures Not even completed Typically 189% over budget Source: CHAOS Report by the Standish Group
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