1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

37
1 History of Project History of Project Management: Post 1950s Management: Post 1950s Farrokh Alemi, Ph.D. Farrokh Alemi, Ph.D. Lee Baliton Lee Baliton Chris Smith Chris Smith

Transcript of 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

Page 1: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

11

History of Project Management: History of Project Management: Post 1950sPost 1950s

Farrokh Alemi, Ph.D.Farrokh Alemi, Ph.D.Lee BalitonLee BalitonChris SmithChris Smith

Page 2: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

22

Course on Project Management

Previous SectionPrevious Section

Pre-1950sPre-1950s

Page 3: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

33

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics

Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique

Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process

Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments

Page 4: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

44

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics

Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique

Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process

Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments

Page 5: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

55

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics

Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique

Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process

Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments

Page 6: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

66

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics

Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique

Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process

Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments

Page 7: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

77

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics

Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique

Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process

Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments

Page 8: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

88

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

New techniques and innovationsNew techniques and innovations Cost estimatingCost estimating Cost managementCost management Engineering economicsEngineering economics

Hans J. Lang - Lang Factor, a cost Hans J. Lang - Lang Factor, a cost estimating techniqueestimating technique

Lang Factor - ratio of the entire cost Lang Factor - ratio of the entire cost of implementing a processof implementing a process

Estimate installation costs for Estimate installation costs for factories, plants, and equipmentsfactories, plants, and equipments

Page 9: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

99

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Project Portfolio ManagementProject Portfolio Management Harry MarkowitzHarry Markowitz Focus on highest returnFocus on highest return

Page 10: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1010

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Project Portfolio ManagementProject Portfolio Management Harry MarkowitzHarry Markowitz Focus on highest returnFocus on highest return

Page 11: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1111

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Project Portfolio ManagementProject Portfolio Management Harry MarkowitzHarry Markowitz Focus on highest returnFocus on highest return

Page 12: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1212

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

F. Warren McFarlan F. Warren McFarlan Information technology project Information technology project

selectionselection Risk-basedRisk-based

F. Warren McFarlanF. Warren McFarlan

Page 13: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1313

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

F. Warren McFarlan F. Warren McFarlan Information technology project Information technology project

selectionselection Risk-basedRisk-based

F. Warren McFarlanF. Warren McFarlan

Completing the project right.vs.

Doing the right project

Page 14: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1414

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Refined costing estimating Refined costing estimating techniques.techniques. ““Guthrie Factors” - module Guthrie Factors” - module

estimating technique estimating technique American Association of Cost American Association of Cost

Engineers Engineers Total Cost Management Total Cost Management

From AACE International’s “Total Cost Management Framework” published 2006.

Page 15: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1515

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module

estimating technique estimating technique American Association of Cost American Association of Cost

Engineers Engineers Total Cost Management Total Cost Management

From AACE International’s “Total Cost Management Framework” published 2006.

Page 16: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1616

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module

estimating technique estimating technique American Association of Cost American Association of Cost

Engineers Engineers Total Cost Management Total Cost Management

From AACE International’s “Total Cost Management Framework” published 2006.

Page 17: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1717

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module

estimating technique estimating technique American Association of Cost American Association of Cost

Engineers Engineers Total Cost Management Total Cost Management

From AACE International’s “Total Cost Management Framework” published 2006.

Page 18: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1818

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

Refined costing estimating Refined costing estimating techniquestechniques ““Guthrie Factors” - module Guthrie Factors” - module

estimating technique estimating technique American Association of Cost American Association of Cost

Engineers Engineers Total Cost Management Total Cost Management

From AACE International’s “Total Cost Management Framework” published 2006.

Page 19: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

1919

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

From the Project Management Institute – www.pmi.org

Page 20: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2020

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

E. A. “Ned” EngmanJ. Gordon Davis, PhDJ. Gordon Davis, PhD

From the Project Management Institute – www.pmi.org

Susan Gallagher

James R. SnyderEric Jenett

Five Founders of PMIFive Founders of PMI

Page 21: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2121

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

E. A. “Ned” EngmanJ. Gordon Davis, PhDJ. Gordon Davis, PhD

From the Project Management Institute – www.pmi.org

Susan Gallagher

James R. SnyderEric Jenett

Five Founders of PMIFive Founders of PMI

Page 22: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2222

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application

From the Project Management Institute – From the Project Management Institute – www.pmi.org

Page 23: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2323

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application

From the Project Management Institute – From the Project Management Institute – www.pmi.org

Page 24: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2424

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application

From the Project Management Institute – From the Project Management Institute – www.pmi.org

Page 25: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2525

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond

PM industryPM industry Modern tools Modern tools Define project managementDefine project management Wide spread applicationWide spread application

From the Project Management Institute – From the Project Management Institute – www.pmi.org

Page 26: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2626

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments

IT industryIT industry GlobalizationGlobalization

Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints

Page 27: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2727

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments

IT industryIT industry GlobalizationGlobalization

Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints

Page 28: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2828

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments

IT industryIT industry GlobalizationGlobalization

Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints

Helped transform the field

Page 29: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

2929

Course on Project Management

Modern Project Management Modern Project Management 1950 and Beyond1950 and Beyond Rapid developments Rapid developments

IT industryIT industry GlobalizationGlobalization

Within scope, schedule and cost constraintsWithin scope, schedule and cost constraints

Helped transform the field

How is your project management coming along?

Page 30: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3030

Course on Project Management

TodayToday

Standardized techniques and Standardized techniques and processesprocesses

Management techniqueManagement technique

Page 31: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3131

Course on Project Management

TodayToday

Standardized techniques and Standardized techniques and processesprocesses

Management techniqueManagement technique

Page 32: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3232

Course on Project Management

Evolution of Project Evolution of Project ManagementManagement

Individual efforts

Widespread acceptance

Page 33: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3333

Course on Project Management

Evolution of Project Evolution of Project ManagementManagement

Individual efforts

Widespread acceptance

New methods of charting

data

Page 34: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3434

Course on Project Management

Evolution of Project Evolution of Project ManagementManagement

Individual efforts

Widespread acceptance

New methods of charting

dataOptimization techniques

Page 35: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3535

Course on Project Management

Evolution of Project Evolution of Project ManagementManagement

Individual efforts

Widespread acceptance

New methods of charting

dataOptimization techniques

New method of

management

Page 36: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3636

Course on Project Management

Evolution of Project Evolution of Project ManagementManagement

Individual efforts

Widespread acceptance

New methods of charting

dataOptimization techniques

New method of

management

Page 37: 1 History of Project Management: Post 1950s Farrokh Alemi, Ph.D. Lee Baliton Chris Smith.

3737

Take Home LessonTake Home Lesson

Project Management is not what it Project Management is not what it used to beused to be