Fail-proofing projects
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bit.ly/umichpmp Should one bother with formal Project Management? Yes, if you deal with… ❖ Creative assignments with high reward, high risk, and political or technological uncertainty ❖ Work that deals with change: technology, culture, or process ❖ Project management, entrepreneurship or consulting as a profession No, if… ❖ You have access to unlimited resources ❖ You don’t anticipate dealing with people who are allowed to change their minds
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Minimalist project governance through project charters
Transcript of Fail-proofing projects
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Should one bother with formal Project Management?
Yes, if you deal with…❖ Creative assignments with high
reward, high risk, and political or technological uncertainty
❖ Work that deals with change: technology, culture, or process
❖ Project management, entrepreneurship or consulting as a profession
No, if…❖ You have access to unlimited
resources
❖ You don’t anticipate dealing with people who are allowed to change their minds
bit.ly/umichpmp
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Fail-proofyour projects
Vic Divecha, MSE, PMP9/18/2014
MLibrary Project Management SIG
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Learning Objectives
❖ You are here: Where is PM in the management universe?
❖ Charters: Manage project risk at the outset
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Act IBig picture, challenges, significance
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PROJECT
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Management Universe
A Guide to The Project Management Body of Knowledge (PMBOK) (2013)
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PMI’s Definition of a Project
A project is a temporary
endeavor undertaken to
create a unique product,
service, or result.
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ProjectDeliverables Quality
Tim
e-fra
me
Resources
Scope
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Can you find the triple constraint in 2 minutes?
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Act IIUnderstanding and managing project uncertainty at initiation
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1
2
3
Cost and Impactof Changing Timeline/Scope/Resources
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Nature of Risk & Uncertainty Over Project Life
PROGRESSIVEELABORATION
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know
led
ge a
reas
process groupsInitiating Planning Executing Monitor/
ControlClose
Scope
Time
Cost
HR
Quality
Communication
Integration, Procurement, Stakeholder Mgmt
bit.ly/umichpmp A Guide to The Project Management Body of Knowledge (PMBOK) (2013)
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Act IIIBelling the cat
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A Generic Charter
umich.box.com/charter: In MS Word, mouse over items to see definitions
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Story-cards
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Charters (Mostly) Prevent This
Fail-proofing at initiation
ExecutiveBuy-in
Marshall Resources
LimitingLiability
ProjectCharter
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ProjectDeliverables Quality
Tim
e-fra
me
Resources
Scope
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❖ Network locally: pmi-hvc.org
❖ Visit Menlo in Downtown Ann Arbor
❖ Write a charter:
umich.box.net/charter
❖ Connect:
❖ Linkedin.com/in/vicdivecha
Thank You!
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EpilogThe beginning has ended
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Nature of Risk & Uncertainty Over Project Life
PROGRESSIVEELABORATION
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O Fortune,like the moonyou are changeable,ever waxingand waning;hateful lifefirst oppressesand then soothesas the sharp mind takes it;povertyand powerit melts them like ice.
