Planning and Managing Projects

What is a Project?
What is Project Management?
Modern Project Management
Application of Project Management
Why is project management a critical issue?
Challenge for the Project
Skills of a Project Manager
Who then can be a PM?
Element of project management
Project Management Office
Programs and Portfolios
Project’s Triple—Constraint
Project Management Knowledge Areas
Project Management Process Groups
Module Key Messages

Key activities during the Initiation phase
Establish the Project Organization-Project sponsor
Project key stakeholders
Types of stakeholders
Influences on a project
Selection of projects
Project charter
Project Charter Development
Formulating good objectives
Problems in defining project objectives
Sources of Information
Project Brief/Requirements
Top 3 Key Points – Initiating Process

Planning Process
Why Plan Projects?
Steps for Planning
Project Management Plan Components
Approaches to Planning
Benefits of having a Plan
How do you define project scope?
Project Scope & Product Scope
Work Breakdown Structure (WBS)
Advantages of the WBS
Developing a WBS
WBS Formats
OBS and WBS Mapping
OBS- Hierarchical- Type charts
Task List Generation- Responsibility Assignment Matrix (RAM)- Type Charts
Cross Reference between WBS and OBS to establish RAM
Control Scope

Activities and tasks?
Schedule Development
Activity Sequencing
Scheduling Methods and Tools
Activity Estimates
Good estimating practices
Analogous Estimating
Expert Judgment Estimating
Parametric Estimating
Three-Point Estimate Formulas
Schedule Risk
Analyzing and prioritizing schedule risk using PERT
Project Network Diagram
Common scheduling tools
Network diagram steps
Ghatt chart
Project calendar
Milestone charts
Displaying the schedule
Compressing the schedule

Project Cost Planning
Rough Order Magnitude
Accuracy of Estimates
Resource, duration and cost estimation
Cost Baseline
What is a Project Budget?
Types of Cost
The Cost Plan
Resource planning
Resource planning tools/ techniques
Resource Breakdown Structure (RBS)
Resource Planning- Ghatt Chart
Resource Loading Table
Resource Loading Histogram

Risk Definition
Risk Factors
Project Risk Management
Risk Management Spectrum
Risk Management Process
Risk Identification
How do you identify risk?
Probability and Impact matrix
Risk Analysis
Risk Assessment
Risk Response Strategies for Threats
Risk Response Strategies for Opportunities
Risk Management Template
Scope Risks Register
Expected Monetary Value (EMV)

Communication Management
Communication Planning
Identify stakeholders
Stakeholder Analysis
What is Project Change?
Components of a Change Management Plan
Change Management
Quality Management
Project Baselines

Performance Measurement Baseline
Why Baseline?
Controlling Project
Project Monitoring & Controlling
Identifying Variance
Typical Project Report
Determining Corrective Action
Managing Scope and Quality
Managing Cost
Performance Measurement
Earned Value Methodology
Earned Value Terminology
Performance Indicators

Guidelines for closing projects
Capture lessons learnt
Project success criteria
Key closeout activities
Formal Closure Obstacles