BTS730: Project Management Methodologies

Introduction to Project Management

Project ManagementWhat is a project?

Examples of IT Projects?

Project ManagementWhy are we studying project management?

Project ManagementAttributes of a project?

Projects NEED TO BE MANAGED

Project ManagementSuccessful project management is defined by

the Triple/Quadruple Constraint SCOPE COST TIME (QUALITY)

Project managers strive to meet the triple constraints by managing scope, cost, time (, quality) goals.

Project ManagementHow do you define project success?

Project Management Framework

Information Technology Project Management, Fifth Edition, Copyright 2007

Project StakeholdersThe people involved in, or impacted by

project activitiesExamples?

Opponents to the project

Project PerformanceStandish Group studies show:

Information Technology Project Management, Fifth Edition, Copyright 2007

Measure 1994 Data 2002 Data Result Successful projects 16% 34% Doubled Failed projects 31% 15% Halved Money wasted on challenged and failed projects

$140 B out of $250 B

$55 B out of $255 B

More than halved

Project PerformanceWhy the improvement (Standish Group,

2001)?Better project management toolsBetter project management processesBetter project managers! (Education,

experience)

Project PerformanceWhat helps projects succeed (Standish Group,

2001)?1. Executive Support2. User Involvement3. Experienced PM4. Clear business objectives5. Minimized Scope6. Standards7. Firm basic requirements (SCOPE)8. Formal Methodology9. Reliable Estimates10. Etc.

BTS530 Project PerformanceWhat helped projects succeed (but first must

define success):A good Project Manager (group leader)A GOOD understanding of SCOPE (good specs)A PLAN!Frequent interaction with and feedback from

the clientFrequent interaction with and feedback from

the sponsor (Barb)Weekly deliverables & feedback

Others? Prioritize this list.

History of Project ManagementEgyptian Pyramids?Great Wall of China?1917 Henry Gantt

Gantt chart: developed for scheduling factory workers; then used in military projects

The Manhattan project—first to use “modern” project management

Project Manager (PM)PMIWhat skills do PM’s need?