Project Management

Professional (PMP)

Project ManagementO The application of knowledge, skills, tools

and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a defined project – balancing the following:

O Scope, time, cost, and qualityO Stakeholders’ expectationsO Requirements (needs) vs.O unidentified requirements(expectations)

Project Management ContextO Project Life Cycle defines:O Technical work performed in

each phaseO Who is involved in each phaseO Project Phases can overlap –

“Fast Tracking”

Characteristics of Project Life Cycles

O Common Characteristics of Project Life Cycles:

1. Cost and Staffing levels are low at start and move higher towards the end

2. Probability of successfully completing project is low at beginning, higher towards the end as project continues

3. Stakeholder influence is high at the beginning and progressively lowers as project continues

StakeholdersO Individuals and organizations who are actively

involved in the projectO Often have conflicting expectations and

objectivesO In general, differences should be resolved in

favour of the customer – individual(s) or organization(s) that will use the outcome of the project

O Stakeholder management is a proactive taskO Project Mangers must determine all

stakeholders and incorporate their needs into the project

Stakeholders Can BeO Project ManagersO CustomersO Performing Organizations, ownersO SponsorO TeamO Internal/ExternalO End UserO Society, citizensO Others: owner, funders, supplier,

contractor

Organizational SystemsO Project based vs. Non-Project BasedO Project Based – derive revenues from

performing projects for others (consultants, contractors),”management by projects”

O Non-Project Based – seldom have management systems designed to support project needs (manufacturing, financial services)

Organizational Cultures and Styles

O Entrepreneurial firms more likely to adopt highly participative Project Manager – accept higher risk/reward

O Hierarchical firms less likely to adopt participative Project Manager – take fewer risks

Project Management Skills

O General Business Management O LeadingO Communicating O Negotiating O Problem Solving O Distinguish causes and symptomsO Identify viable solutionsO Influencing Organization

About Us

We are a group of professionals and experts in open-house and corporate

Trainings and Consultation. Our area of expertise includes quality frameworks,

practices & standards like ITIL V3, CobiT, ISO 20000, Six Sigma, PMP®

etc.

Address :

QMS Academy (QMSS Pvt. Ltd.),Office no. B 22,Creative industrial

Estate,N. M. Joshi marg,Lower parel,Mumbai –

400011Maharashtra,India 

Registered Office :QMS Academy

Row house no.1,Opp. Byculla industry estate,Dadoji konddev marg,Mumbai –

400027 Maharashtra, India

Office : +91 22 65617950