Project Management Project Knowledge Area
Project Management Project Knowledge Area
Project Management Project Knowledge Area
S-Curve
Project :
Converting a vision, a dream or a need to reality.
Project Characteristics :
PAVE A PATH
FOR
SUCCESSFUL COMPLETION
DATA COLLECTION
THINKING
Management :
Management is the technique of
understanding the problems, needs and controlling the use
of Resources, Cost, Time, Scope and Quality.
Project Management :
Application of knowledge, skills , tools &
techniques to project activities in order to meet stakeholder
needs & expectations from a project.
Input:
Goal
Output :
Team
Money
Project Deliverables
Time
Equipment
The PM Plan establishes the projects:
• ‘Why’ & ‘What’ are management statement of the success criteria and
Why & should be agreed with the project sponsor
What
How • ‘How Much’ covers the costs and budgets of the project.
much
Project Management Process
Project Management Process Groups
PM Knowledge Areas
1
Change Integration
2
Document
Scope
Procure
PM Knowledge Time 3
9 ment
Areas
Risk Cost
4
8
Communi
Cation Quality
Human
7 Resource 5
6
Project Integration Management
Collect requirements
Define Scope
Create WBS
Verify Scope
Project Scope Management
WBS – Work Breakdown Structure :
A deliverable-oriented hierarchical decomposition of work to be
executed by the project team to:
• create required deliverables
• accomplish project objectives
WBS organizes and defines the total scope and represents
specified in the current approved Scope Statement!
Process of subdividing project deliverables and project work into
more manageable components.
Lowest level of WBS is work package can be scheduled, cost
estimated, monitored, and controlled.
TYPICAL WBS OF A PROJECT
OVERALL PROJECT
SITE MOBILISATION
PLACEMENT OF
BASIC ENGINEERING
ORDER ON VENDORS
CIVIL WORK
DETAILED
ENGINEERING MANUFACTURING &
Civil work for Civil work for
DELIVERY Piling work
Main equipment Aux. Facilities
PROJECT
ENGINERING STRUCTURAL STEEL WORK
EQUIPMENT INSTALLATION
PIPING INSTALLATION
ELEC. INSTALLATION
EQUIPMENT
RECEIVED AT SITE INSTRUMEN. INSTALLATION
( …%)
INSULATION & PAINTING
HOT COMMISSIONING
Project Time Management
Project Time Management ensures the timely
completion of the project.
Estimate cost
Convert it into budget
Load the cost into schedule
Perform earned value (EV) analysis
Perform estimate at complete (EAC)
Administer changes
Control cost
Project Cost Management
Project Cost Management
Project Cost Management
Project Cost Management
Project Quality Management
Project Quality Management ensures the project will
satisfy NEEDS for which it was undertaken.
Plan Quality
Perform Quality Assurance
Perform Quality control
Organization Chart
Project Human Resource Management
Project Communications Management
Project Communication management include
processes required to ensure timely and appropriate
generation, collection, distribution, storage, retrieval,
and ultimate disposition of project information.
Identify Stakeholders
Plan Communication
Distribute Information
Manage Stakeholders expectations
Report Performance
RACI
Project Communications Management
Project Communications Management
Project Communications Management
Project Risk Management
Project Risk Management is concerned with identifying,
analyzing and responding to project risks.
Plan Risk Management
Identify Risks
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Plan Risk responses
Monitor and Control Risks
Risk Register
31
What is “S Curve”
Y – Percent progress
x – Period at which s-curve value required
xn – Total period
The name is derived from the 'S' like nature of the curve.
S-Curve
Progress distribution curve
Peak Period
Time
It is an ideal distribution curve. Depending upon the various
guiding factors it may vary.
“S Curve” or Project Life Cycle