project management
DESCRIPTION
1. Project Management Process 2. Element Of Project Management 3. Classification Of ProjectTRANSCRIPT
Prepared by:
Jaypal Chavda
Nikit Rajani
Jay Raval
Dept. of Business Admin., Bhavnagar University, Bhavnagar.
Guided by:
Madhuri Ma’am
SUBMITTED TO:
Project Management ProcessElement Of Project Management
Classification Of Project
Project Management Process
Project management• Project Project is a group of unique,
interrelated activities that are planned and executed in a certain sequence create a unique product and services, within in a specific time frame.
• According to PMI, A guide to the project
management body of knowledge , a project is define as, “a temporary endeavor undertaken to create a unique product or services.”
Project management A Project management is the
discipline of planning, organizing and managing resources to bring abut the completion of specific project goals and objectives.
Definition of Project management
According to PMI,
“Project management is the application of knowledge, skills, techniques to project activities in order to meet or exceed stakeholder needs and expectations.”
Project management process
Process of Project management
1. Initiation process
2. Planning process
• Core process• Facilitating process
3. Implementation process
A. Core processB. Facilitating process
• Quality assurance• Team development• Information distribution• Solicitation• Vendor selection• Contract administration
4. Controlling process
5. Closing process
A good project team can
be the key to a successful
project!
Elements of project management 1. Identification project 2. Technical & financial appraisal of the
project3. Economic or socio-economic appraisal of
the project.• Prepare cost/benefits analysis • Prepare report
4. Proper formulation of project5. Plan for implementation of the project 6. Monitoring the implementation
7. Feedback and revision of objectives 8. Control action
9. Government regulation
Elements of project management
10.Manage staff
11.Manage client relationship
12.Evaluation
Elements of project management
CLASSIFICATION OF
PROJECT
National project
It just as Indian companies or Govt. invite collaboration from foreign country companies to step up plan in India.
International Project
The project set up by large industrial houses or government undertaking in other countries are known as international projects.
• Solar project
• Educational project
• Irrigation project
Non Industrial Project
Industrial Project
Wind farm project by Suzlon
Project based on technology
• High technology
• Conventional technology
• Low technology
Project based on high technology
Project based on conventional technology
Project based on low technology
Extrusion Technik
Project based on size
• Large scale project
• Medium scale project
• Small scale project
LARGE PROJECT
LOW PROJECT
MEDIUM PROJECT
Project Based On Ownership
• Public Sector• Private sector project • Joint Sector Project
Public SectorProject
Private Sector Project
Joint Sector Project
Ghogha-Dahej roll-on roll-off (RoRo) ferry service project
Infrastructure project
Need based projects
• Modernization project• Expansion project• Replacement project• Diversification project• Plant relocation project
It is undertaken with the objective of improvement in plant process by new techniques.
To remain competitive and produce at reasonable price, the company can not afford to continue with obsolete technology
Modernization project
Expansion project
Konaseema Gas
Power plans
Replacement project
Oil and Natural Gas Corporation
Diversification project
Plant relocation project
Jay Raval
• Thankur’s MBA 2nd semester edition about project management
• http://en.wikipedia.org/wiki/Project_management_process
• http://www.moneycontrol.com/stocksmarketsindia/
Bibliography