Project Lifecycle Management

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 1 May 17, 2012

Project Lifecycle
Program
A group of related projects managed together Vision of the final result broken up into projects Projects may be done in parallel or in serial

Project SDLC and SMLC

Define Goal Plan Project Execute Plan Close Project Evaluate

Plan

System Development Life Cycle (SDLC) ` Analyze Design Develop Implement SMLC Maintenance & Support

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 2 May 17, 2012

Project Lifecycle

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 3 May 17, 2012

Project Initiation
Defining what the project will do and why:
What is the business case? Why are we doing this? What is in scope? What is not in scope? What is the estimated cost? How long a time do we estimate it to take to complete? Who are the stakeholders. What stakes are they supporting or opposing the project for?

Project Charter : the Customers need & sanction Project Champion from client Defining who the project team will be Defining method of work by the team
Project And Product Lifecycle Management Project Lifecycle Management
Slide no. 4 May 17, 2012

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project Planning
Defining how the project will be done:
Documenting the Project Plan What is the Work Breakdown Structure (WBS) ? What are the milestones to deliver? What are the important tasks? How long with each take? Who is responsible to deliver it? Estimating effort (resource requirement) and time (schedule) What are the risks, assumptions and constraints? Getting Customer Signoff on the Plan
Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 5 May 17, 2012

Project Execution
Doing what the Plan says would be done
Procuring resources Deploying resources Directing the Resources on specific planned activities

Monitoring actuals v/s plan

Quality verification Scope completion measurements Risk factor oversight plan v/s actuals: Scope, Cost, Schedule Regular Review Meetings to monitor progress and identify problems Client report on progress .Eg. FIDIC Clause 14 Client Billing Management Reporting Forecast for project completion
Project And Product Lifecycle Management Project Lifecycle Management
Slide no. 6 May 17, 2012

Reporting to client and management

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project Closure
Handing the project to the client
Delivery gate-pass meet : Customer signoff Document and signoff future commitments Gauge customer satisfaction Report final cost and time Document lessons learnt: technical, PM, RM, ? Archive documentation (and source code for sw) Raise final bill to customer Report closure to top management
Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 7 May 17, 2012

Banana Curve
Generic Project Total Progress
contractors progress v/s early finish curve
100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 8 May 17, 2012

Time and Energy for each Phase

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 9 May 17, 2012

Risk Management in Project Lifecycle

Impact of project risks on lifecycle
Probability of a disaster decreases during the life of a project Cost to recover from a problem increases during the project Essence of PM is RM!

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 10 May 17, 2012

Managing Change
Re-iterative mini-cycle of project lifecycle for change Impact analysis Major and Minor changes Re-schedule and re-bid for major changes Feature maps Version control Parallel developments
Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 11 May 17, 2012

Project Lifecycle in Manufacturing

Lean Manufacturing Flexible Manufacturing : Market of 1 Variations of SDLC : Iterative Phases, Agile Feasibility study as a consultancy project Takt Time

Author: Dilip Thosar For BVUAmplifyDITM January 2009

Project And Product Lifecycle Management Project Lifecycle Management

Slide no. 12 May 17, 2012