Chapter 1 Project Management Concepts 3 Learning Objectives Definition of a project and its attributes Key constraints within which a project must be managed How a project is “born” Life of a project Steps involved in the project management process Benefits of project management 4 Real World Example Beach Town Cleanup Avila Beach, California 90 years of petroleum leakage! 100,000 cubic yards of contaminated soil Also had to remove pier, seawall, buildings Relocate all utilities Demolish buildings Restore streets Make property suitable for rebuilding 5 Real World Example (contd) Shipped soil off-site Collected oil at special facility Moved two historical buildings twice Rebuilt streets, pier, beach, landscaping, etc. Using effective project management techniques: All pleted 5 months ahead of schedule 6 Real World Example The Department of Energy Project – build the world’s largest laser to monitor and maintain nuclear warheads Project costs soar $350 million above original estimates pletion delayed by two years “Clearly we had a major project management surprise!” Link 1 Link 2 Link 3 Link 4 Link 5 7 Project, Defined A project is an endeavor to plish a specific objective through a unique set of interrelated tasks and the effective utilization of resources. 8 Attributes of a Project Has a well-defined posed of a series of interdependent tasks Utilizes various resources Has a specific time frame Has a customer Involves a degree of uncertainty 9 Examples of Projects Planning a wedding Designing and implementing puter system Hosting a holiday party Designing and producing a brochure Executing an environmental clean-up of a contaminated site Holding a high school reunion Performing a series of surgeries on an accident victim 10 Constraints Scope Cost Schedule Customer satisfaction
