1

PROJECT DEFINITION

“A group of activities that have to be performed in a logical sequence to meet preset objectives

outlined by the client”

OR

“ Temporary endeavors undertaken to create unique products, services or results ”

2

PROJECT

The core of the project design therefore is deciding

•WHAT to improve or change•HOW the project can bring about or contribute to the improvement or change

3

Characteristics of a Typical ProjectCharacteristics of a Typical Project

All projects are concerned with Change – creating All projects are concerned with Change – creating something new;something new;

All projects exist for a limited and defined period of All projects exist for a limited and defined period of time: their lifespan consists of a set of activities with time: their lifespan consists of a set of activities with a beginning date and a target end date (deadline);a beginning date and a target end date (deadline);

These activities must be performed in a logical These activities must be performed in a logical order;order;

All projects have clear and measurable objectives, All projects have clear and measurable objectives, targets or goals. These objectives must be achieved targets or goals. These objectives must be achieved within specific constraints, especially time and costs within specific constraints, especially time and costs (budget);(budget);

Each project is a new and unique process.Each project is a new and unique process.

4

What is Project Management?What is Project Management?

Project Management is the application of Project Management is the application of knowledge, skills,knowledge, skills,

tools and techniques to project activities in order to tools and techniques to project activities in order to meet meet

or exceed stakeholder needs and expectations from or exceed stakeholder needs and expectations from the the

project.project.

5

Different Components of Project Management Different Components of Project Management

Project Integration ManagementProject Integration Management Processes required to ensure that various elements of the Processes required to ensure that various elements of the

project are properly coordinated.project are properly coordinated.

Project Scope and Time ManagementProject Scope and Time Management Processes required to ensure that the project includes all the Processes required to ensure that the project includes all the

work required to complete it successfully in stipulated time. work required to complete it successfully in stipulated time.

Project Cost and Quality ManagementProject Cost and Quality Management Processes required to ensure quality and that the project is Processes required to ensure quality and that the project is

completed within the approved budget.completed within the approved budget.

Project Human Resource ManagementProject Human Resource Management Processes required to make the most effective use of the Processes required to make the most effective use of the

people involved in the implementation of the project.people involved in the implementation of the project.

6

Key Dimensions of ProjectsKey Dimensions of Projects

CostCost

Time Time

ScopeScope

7

Key Dimensions of a ProjectKey Dimensions of a Project

Quality

Cost

Quality

Time Scope