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

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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:

❖ rdivecha@umich.edu

❖ 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.