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Concept of Project
According to stuckenbruck “A project is a one-shot, time
limited, goal-oriented, major undertaking, requiring the
commitment of varied skills and resources.”
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1. Purpose: It has a purpose – one time activity with well
defined set of desired end result – GOAL Oriented,
Defined Input/ Output
2. Life Cycle: Like organic entities, projects have life
cycle. From slow beginning to build up of size, then
peaks, begins decline and finally terminated
(ADEFINED START and AND END
3. Interdependence: Project interact simultaneously with
other projects carried out by the organization and other
standard on going operations in the organization
(Common Wealth Games – Different ORG.
Implementor, Facilities
4. Uniqueness : Project have some elements that are
unique. No two construction or R & D project are
precisely alike e.g. Even no two miles of road will be
same.
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5. Conflict : the members of project team are in almost
conflict for project resources and for leadership roles in
solving project problems.
6. Constrains: Scope – What work, Time (Schedule),
Cost
7. Facilities: ADHOC Org. – Facilities (all types)
8. Resources : From various areas (Fin, Mkt. etc)
9. Sponsor: For Economic / Social Benefit. It has a stake
holder benefitor.
10. Uncertainty: Degree of RUK Involved checks in Tech.
ORG, Requirements.
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PROJECT ATTRIBUTES
(These help to define a project)
1. Project has unique purpose – doing some this differently
than what, has done earlier.
2. Project is temporary – To accomplished goal within a
specified time frame
3. Project is developed using progressive elaboration – cut
across organizational lines.
4. Project Require Resourced from various areas – FIN,
HR, MKT
5. A Project should have a primary customer/Sponser
6. Project involves uncertainty
7. Project Contains are: - (Triple CONSTs
SCOPE – TIME – COST
What work What time frame (Schedule) What cos
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CHARACTERISTICS OF PROJECT
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IMPORTANCE OF PROJECTS
1. Shortened Product life Cycle
2. Narrow Product launch windows because of fierce
completion – could be even upgrade or a new launch
3. Increasingly Complex and Technical Product
(public appetite," New Big thing” they want new
models – future demands
4. Emergence of Global demand (the former economies
of Russia, China, India added huge demands.
5. An Economic period marked by low inflation: USA
or developed World, its trigger economic from , stock
mkt. from Cos. find problem to contain prices of inputs
– thus needing stream lining internal processes e.g. GE,
3M, Nokia, Sony, Bechtal, Microsoft RIL, TATA,
Retail, Business (Buyers)
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Effectiveness at Mkt Place
- Efficient use of resources of Org.
- Ability to achieve to Tech break through
- Stream lining development new products and future
challenge.
- Manage challenges arising from business environment.
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Types of Projects:
Construction Projects – This type of project is
undertaken to construct residential building, industrial
buildings and highways.
Research Projects: This types of project is undertaken
to acquire knowledge about a specific subject or an
object. For example, Project undertaken to develop
model of Indian economy and varieties of rice. Mssile
system, Nuclear Bomb,
Re-engineering Projects: This type of project is
undertaken review and bring desired changes in an
existing system or a process. For example, the re-
engineering projects undertaken to renumber U.K.
telephone system.
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Procurement Projects: This type of project is
undertaken to contractually establish a business
relationship with a selected supplier for a defined
product or service ROBOTECH Technology.
Business Implementation Projects: This type of
project is undertaken to produce an operationally
effective process. For example, business
implementations project under taken to install e-
commerce.
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Steps in the identification of projects
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SITUATIONS APPROPRIATE FOR PROJECT
TYPE DEPLOYMENT
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When not to deploy project type structure:
Familiar situations
Stable environment
Standardized product (i.e. not unique)
Repetitive operation
Standardized means of production
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