•         
Project
Phases are marked by the completion of a deliverable
–       
Tangible,
verifiable work product
–       
Review
of deliverables and approval/denial are “phase exits, stage gates, or kill
points”
•         
Phases
are collected into the Project Life Cycle
–       
Set
of defined work procedures to establish management control
•         
Project
Life Cycle defines:
–       
Technical
work performed in each phase
–       
Who
is involved in each phase
•         
Project
Phases can overlap – “Fast Tracking”
•         
Common
Characteristics of Project Life Cycles:
–       
Cost
and Staffing levels are low at start and move higher towards the end
–       
Probability
of successfully completing project is low at beginning, higher towards the end
as project continues
–       
Stakeholder
influence is high at the beginning and progressively lowers as project
continues
•         
Stakeholders:
individuals and organizations who are actively involved in the project
–       
Often
have conflicting expectations and objectives
–       
In
general, differences should be resolved in favor of the customer –
individual(s) or organization(s) that will use the outcome of the project
–       
Stakeholder
management is a proactive task
•         
Project
Mangers must determine all stakeholders and incorporate their needs into the
project
•         
Stakeholders
are:
–       
Project
Managers
–       
Customers
–       
Performing
Organizations, owners
–       
Sponsor
–       
Team
–       
Internal/External
–       
End
User
–       
Society,
citizens
–       
Others:
owner, funders, supplier, contractor
•         
Organizational
Systems: Project based vs. Non-Project Based
–       
Project
Based – derive revenues from performing projects for others (consultants,
contractors),”management by projects”
–       
Non-Project
Based – seldom have management systems designed to support project needs
(manufacturing, financial services)
•         
Organizational
Cultures and Styles: 
–       
Entrepreneurial
firms more likely to adopt highly participative Project Manager – accept higher
risk/reward
–       
Hierarchical
firms less likely to adopt participative Project Manager – take fewer risks
•         
Organizational
Structures
–       
Functional
(classical) marked by identifiable superiors. 
Staff grouped by specialty . Perceived scope of project limited by
function (Engineering, HR).  Typically
have part-time Project Manager
–       
Projectized
Organization –blend functional and projectized characteristics.  Mix cross-department personnel with full-time
Project Manger
•         
Project
Management Skills
–       
General
Business Management (consistently producing results expected by stakeholders)
–       
Leading
(establishing direction, aligning resources, motivating)
–       
Communicating
(clear, unambiguous, and complete)
–       
Negotiating
(conferring with others to reach an agreement)
–       
Problem
Solving (definition and decision making)
•         
Distinguish
causes and symptoms
•         
Identify
viable solutions
–       
Influencing
Organization (understanding power and politics)
•         
Socioeconomic
Influences
–       
Standards
– document approved that provides common, repeated use, rules and guidelines
•         
Compliance
is not mandatory
–       
Regulations
– document that identifies products, services or characteristics
•         
Compliance
is mandatory
–       
Standards
often become “de facto” regulations
–       
Internationalization
–       
Cultural
Influences
•         
Organization
Structure Pro’s and Con’s
–       
Projectized
•         
Efficient
Organization – No “home”
•         
Loyalty
– Lack of Professionalism
•         
Effective
Communication – Duplication of functions, less efficient resource usage
–       
Matrix
•         
Visible
Objectives – not cost effective
•         
PM
Control – More than 1 boss
•         
More
support – More complex to control
•         
Utilize
scarce resources – Tough resource allocation
•         
Information
distribution – Competition of priorities
•         
Coordination
– Policies & Procedures
•         
Home
based – Potential for conflict 
•         
Functional
Organization
–       
Specialists
– More emphasis on functions
–       
1
supervisor – No career path in PM