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VOLUME 6 ISSUE 06 | September 2010 |

your CAD / CAM highway

CADDZOOM Monthly Newsletter

Evolution of Project Management

Project management, in its modern form, began to take .......p1

Project Portfolio Management

Project Portfolio Management(PPM)

is a management ........p2

CADDCentre

- PMI R.E.P. locations ........p4

Project management, in its modern of all tasks in a process. Gantt chart form, began to take root only a few diagrams proved to be such a decades ago. Starting in the early powerful analytical tool for 1960s, businesses and other managers that they remained organizations began to see the virtually unchanged for nearly a benefit of organizing work around hundred years. It wasn't until the projects and to understand the early 1990s that link lines were critical need to communicate and added to these task bars depicting integrate work across multiple more precise dependencies between departments and professions. tasks.

The Early Years: Late 19th Mid-20th Century Efforts Century

After World War II, the complexities Latter half of the 19th century saw of projects and a shrinking war-time

in steel mills, such as shoveling sand and how project management evolved from labor supply demanded new organizational lifting and moving parts. Before then, the management principles where large-scale structures. Complex network diagrams only way to improve productivity was to government projects were the impetus for called PERT charts and the critical path demand harder and longer hours from making important decisions that became method were introduced, giving managers workers. The inscription on Taylor's tomb in management decisions. In the USA, the first greater control over massively engineered Philadelphia attests to his place in the history large organization was the transcontinental and extremely complex projects (such as of management: "the father of scientific railroad, which began construction in the military weapon systems with their huge management."early 1870s. Suddenly, business leaders variety of tasks and numerous interactions at found themselves faced with the daunting many points in time).Taylor's associate, task of organizing the manual labor of H e n r y G a n t t thousands of workers and the manufacturing Soon these techniques spread to all types of ( 1 8 6 1 – 1 9 1 9 ) , and assembly of unprecedented quantities of industries as business leaders sought new studied in great raw material. management strategies and tools to handle detail the order of their growth in a quickly changing and operations in work. Early 20th Century Efforts competitive world.H i s s t u d i e s o f m a n a g e m e n t Near the turn of the century, Frederick Taylor Todayfocused on Navy (1856–1915) began his detailed studies of ship construction work. He applied scientific reasoning to This view of business as a human organism during World War I. His Gantt charts, work by showing that labor can be analyzed implies that in order for a business to survive complete with task bars and milestone and improved by focusing on its elementary and prosper, all of its functional parts must markers, outline the sequence and duration parts. He applied his thinking to tasks found work in concert toward specific goals, or

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Job Opportunities

EVOLUTION OF PROJECT MANAGEMENT

Henry Gantt

1. Design Engineer 2. Excellent oral, written, and interpersonal Desired Candidate Profile:Qualification: DME / BE Mech (Pro/E communication skills. 1. Candidates with experience in Piping Layout Wildfire) & Water Systems.Experience: 2 - 4 years in Automobiles 3. Design Engineer- PCB 2. Experience in AutoCAD 2D/ 3D detailing /casting/sheet metal/assembling Qualification: Diploma in Engineering or would be preferable.Desired Candidate Profile: Degree in Science with Electronics / 3. Revit Architecture and BIM Knowledge is 1. Good in Pro/E solid modeling, assembling. Instrumentation / Electrical-Electronics Must.2. Experience in sheet metal, Intralink 3.3 will Experience: 1 to 3 years

be an added advantage Desired Candidate Profile: 5. Tool Design Engineer3. Knowledge in Geometric dimension and 1. Working knowledge of PCB Design Tools in Qualification: B.E Mech

tolerance any one of Allegro, Mentor Expedition, Experience: 1-2 yrsPADS Power PCB. Desired Candidate Profile:

2. Technical Support Executive 2. Experience in High Speed Design Layout 1. Excellent interpersonal, consulting, Qualification: B.E (Mech/Civil/Electrical). with Multilayer designing diplomacy, and conflict-resolution skills.Experience: Freshers 2. Exp. in Autodesk Inventor is mandatory.Desired Candidate Profile: 4. Civil Draughtsman1. Candidates with Knowledge of any two Qualification: B.E / Diploma in Civil Interested candidates can send their

Engineering CAD Softwares. Experience: 3-8 Yrs profile to resumes@skillease.co.in

CADDZOOM September 2010CADDZOOM September 2010

projects. In the following decades, this 3. To allow sensible sorting, adding, and approach toward project management began removing of items from the collection to take root in its modern forms. While based on their costs, benefits, and various business models evolved during this alignment with long-term strategies or period, they all shared a common underlying goals.structure (especially for larger businesses):

4. To allow the portfolio owner to get the “best that a project manager, who puts together a

bang for the buck” from resources team and ensures the integration and

invested.communication of the workflow horizontally across different departments, manages the

Typically, PPM begins with the organization project.

developing an inventory (comprehensive list)

of all its projects and enough descriptive WHAT IS PROJECT MANAGEMENT? improvement efforts. Project management

information about each to allow them to be centers of excellence (e.g., project

analyzed and compared. Such descriptive Projects are critical to the success of any management offices), training programs and

info can include project name, estimated organization. They are the activities that organization change programs to improve

duration, estimated cost, business objective, result in new or changed products, services, project management pract ices are

how the project supports the organization's environments, processes, and organizations. increasingly common parts of strategic plans

overall strategies, and so on. These are Projects increase sales, improve customer to improve organizational effectiveness.

sometimes compiled in an electronic satisfaction, reduce costs, improve the work

database so they may be analyzed and environment, and result in other benefits. What's Project Portfolio Management & Why

compared more easily.Should Project Managers Care about It?

Project management is a discipline. It applies After the project inventory is created, the What is Project Portfolio Management principles, concepts, tools, and techniques to PPM process requires department heads or (PPM)?improve pro jec t per formance and other unit leaders to examine each project and

organizational effectiveness. Project prioritize it according to established criteria. Project Portfolio Management(PPM) is a management adds value by improving the Some projects will be given high priority and management process designed to help an probability of consistently successful extensive support, some will be given organization acquire and view information projects.moderate priority, and still others will be about all of its projects, then sort and placed on hold or dropped entirely from the prioritize each project according to certain Project managers and their managers and list.criteria, such as strategic value, impact on clients must be flexible and adaptable to be

resources, cost, and so on. The objectives of effective and avoid bureaucracy. Effective PPM are similar to the objectives of PM recognizes that projects in different managing a financial portfolio:environments and of different types require

variations on the basic PM principles. Effective PM requires collaborative efforts 1. To become conscious of all the individual among project stakeholders (participants, listings in the portfolioclients and other interested parties).

2. To develop a “big picture” view and a deeper understanding of the collection as a As organizations have recognized the whole.criticality of projects to their success, project

management has become a focal point of

Why Should Project Managers Care about PPM?

Project managers who find themselves continually frustrated by lack of resources or by other organizations stealing their resources should be especially interested in PPM. These frustrations are symptoms of an unbalanced (or unacknowledged) project portfolio. In short, the frequent complaint of “not enough resources,” is simply another way of saying that there are too many projects! And if there are too many projects, then someone should be sorting them out, prioritizing them, and “killing” the projects that aren't high priority.Finally, the project portfolio is reevaluated

Look for symptoms that PPM is needed and by the portfolio management team on a Every project manager wants to have document them. Some of these symptoms regular basis (monthly, quarterly, etc.) to enough resources available to complete include:determine which projects are meeting their high-quality project deliverables, on-time goals, which may need more support, or and within budget. And every project which may need to be down-sized or 6 Frequent difficulty finding enough manager wants to work on projects that are dropped entirely. Since the circumstances of people to put together a solid project perceived to be valuable and, therefore, each project and the business environment teamenjoy plenty of support throughout the can change rapidly, PPM is most effective organization. PPM can help project 6 Excessive project delays due to “not when the portfolio is frequently revisited managers achieve both of these visions. enough resources”and actively managed by the team.

6 High turnover due to “burn out” of key What should project managers do about

project contributors because they are PPM if none exists in their organizations?

working on too many projects and spending too many overtime hours

The average project manager is not in a position to implement PPM alone. 6 Frequent change of status of projects Meaningful PPM cannot exist without the (i.e., moving from “active” to “on hold” support and active involvement of managers to “top priority” and back)at the highest levels of the organization. But

6 Completion of projects that, when all is these senior managers are not likely to said and done, don't really meet a initiate PPM unless they are aware there is a strategic needdocumented need for it. So if you believe

your organization could benefit by PPM, 6 Intense competition, rather than you need to first educate yourself, then build cooperation, among departments and your case for PPM, and, finally, present this sub-organizations when staffing and case to your senior managers. Here are some funding projects.specific steps you might take:

1. A differentiator against the competition. When employers are 5. Establishes you as a continuous learner. Employers are always interviewing, the competition is often stiff, certification helps you to looking for people who never want to stop learning. Learning is a have an edge over competition. value unto itself, and those around you will respect and admire you

for it!2. Gives you confidence that you have "passed through the chairs."

When you have set your sights on a goal, put together a plan, work 6. Will enable you to make more money. Often, earning a certification, hard, and you reach it, you gain confidence, which spills over into all such as the PMP, can quickly lead to compensation increases of 20% aspects of your life. and more.

3. While it is said that "experience is the greatest teacher," a certification 7. Enables you to better evaluate the talents and skills of others. With the "rounds you out." Often, experience is strong in some areas, but not discipline to master the material for the certification, you are in a in others. Like education, experience rounds you out, giving better position to evaluate the skills of others. You have had the exposure to ideas and approaches outside your comfort zone. In opportunity to evaluate your own strengths and weaknesses in the addition, being able to think outside your experience is an ingredient process of earning the certification, and have a broader of leadership. understanding of the skills and toolsets that can be effective.

4. You can be a better mentor. The ability to mentor is based greatly on 8. Gets your foot in the door in the new area. Many career changers turn experience, but the best mentors can reach beyond their experience. to certifications to get themselves into a new area.

Courtesy: Michael Greer's web published article

CADD Centre, the largest CAD/CAE/Project Management training organization has also the largest network of PMI R.E.P. (Registered Education Provider) locations in the world. With 32 PMI R.E.P. registered locations, CADD Centre is the hub to learn Project Management.

CADD Centre's Project Management courses give in-depth knowledge in the project management concepts as well as the soft tool. The five phases of project management are taught like Initiation, Planning, Execution, Controlling and closure. Participants also learn MS Project (MSP) and Primavera Project Planner; well known project management tools. CADD Centre also conducts PMI certification preparatory courses on PMP (Project Management Professional) & (Certified Associate in Project Management) CAPM at its select centres. For more details please contact your nearest CADD Centre- PMI R.E.P. locations.

Benefits of Certification CADD Centre - Largest network of PMI R.E.P. locations in the world