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Engr.

Faisal-ur-Rehman

What is a Project?
A Project is a job that has a beginning and an

end (time), a specified outcome ( scope) at a


stated level of quality (performance), and a
budget (cost).
or
A project is a temporary effort to create a
unique product or service. Projects usually
include constraints and risks regarding cost,
schedule or performance outcome.

What is a Project?
A project is a temporary endeavor undertaken to

create a unique product or service.


or
A project is a one-time, multitask job that has clearly
defined starting and ending dates, a specific scope
of work to be performed, a budget, and a specified
level of performance to be achieved. As we can
begin to sense, three key pop of these definitions:
A project is temporary.
A project is unique.
A project is the result of a multi-task job that
performs something specific (i.e. a goal). It is
thus progressively elaborated.

Project Management
Project management is a set of principles, practices,

and techniques applied to lead project teams and


control project schedule, cost, and performance risks
to result in delighted customers.

The Project Management Institute has identified nine

topic areas to define the scope of project


management knowledge as follows: integration,
scope, time, cost, quality, human resources,
communications, risk, and procurement. Within each
of these topic areas, there is a set of principles,
practices, and techniques to help you manage
project risks and capture opportunities for success.

Project Management
Efficient use of resources to complete a

project as designed, on time, at the desired


level of performance, and within budget.
These project parameters are also called
constraints

Example
Design and construction of new building
Working on Final Year Project

Project Parameters
Time
Scope
Performance
and cost..
these are related to each other

So C = f(P,T,S)
At any point, you can control only three of the four
parameters because when one of the project
parameters changes, at least one of the other
parameter must change in response

Project Parameters
Scope creep: Unplanned changes in project

scope
Experienced project managers have a formal
process of reviewing and approving changes
to the project. The process is communicated
to everyone involved with the project to stave
off creep

Project Cycle

Problem Identification
Also refered to as the concept stage or need

stage where the project is just a thought


Someone realizes that there is a problem in
search of a solution
or
An opportunity that the organization can take
advantage of.

Definition
In this stage, a person or group of people accurately

describes the problem (or, more positively, the


challenge or opportunity) that the project is attempting
to solve.

The definition stage is more often neglected, which

helps explain why some projects fail.

The challenge of definition stage is to take the time to

thoroughly describe the problem, beginning with nave


question: What is the problem were trying to solve?

Define the problem and its solution from the customers

point of view.

Project Design
Define the project objectives
Finalize the project scope
Identify project activities
Break each activity into logical components
Assign resources and
Create estimates for time and costs
Go/no go stage
Outcome is project budget and timeline
Decides the success of the project

Development
You expand the resources according to the

project plan to complete the activities


specified in the project design
Quality assurance and communication skills
are vital

Implementation
Field testing and measurement
Product is modified or re-engineered

Evaluation
Review of a project
Reports and personal experience with the

project
Indentify areas to improve

Reference
Mastering Project 2000, Gini Courter and Annette

Marquis-ISBN 81-7656-244-0 (First Chapter)


http://www.hyperthot.com/project.htm
http://en.wikipedia.org/wiki/Project_management
http://www.suite101.com/course.cfm/17517/semi

nar
http://www.netmba.com/
http://www.gezabottlik.com/usc_courses.html

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