investments - project management benefits
DESCRIPTION
A project in an investment and it should be managed as one.TRANSCRIPT
![Page 1: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/1.jpg)
PROJECT
MANAGEMENT
BENEFITS
INVESTMENTS
![Page 2: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/2.jpg)
The customer’s goal is to create revenue.
Projects are investments.
![Page 3: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/3.jpg)
Projects are investments. It can be a hotel, a web site,
the launching a new product in the market;
an airport, a new book or a local gym.
![Page 4: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/4.jpg)
The client invested money to achieve a specific goal by:
• Solving a problem,
• Covering an existing need
• Improving the quality of life
It will also create jobs and potentially attract other investors.
![Page 5: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/5.jpg)
a simple project...
![Page 6: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/6.jpg)
a simple project...
with simple requirements
• Duration: 4 months
• Budget: $25,000
• Resources availability: 100%
![Page 7: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/7.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
![Page 8: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/8.jpg)
01 02 03 04 05 06 07 08 09
Budgeted cost $25,000 (distributed per month)
Planned duration: 4months
time (months)
cost
$
![Page 9: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/9.jpg)
COSMOS PROJECT MANAGEMENT
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month)
![Page 10: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/10.jpg)
COSMOS PROJECT MANAGEMENT
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to!
![Page 11: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/11.jpg)
COSMOS PROJECT MANAGEMENT
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to!
![Page 12: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/12.jpg)
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to!
![Page 13: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/13.jpg)
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to! You meet here, at this
fragile little point…
![Page 14: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/14.jpg)
![Page 15: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/15.jpg)
*spend some time to consider the project as completed. What would you (like to)
read on the closing report?
![Page 16: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/16.jpg)
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to!
Reporting four months and a week later...
![Page 17: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/17.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months
![Page 18: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/18.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months
Budgeted cost compared to
actual cost per month.
![Page 19: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/19.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months
Budgeted cost compared to
actual cost per month.
The cost remained $25,000
and the are changes only to
monthly cost distribution.
![Page 20: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/20.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months
Budgeted cost compared to
actual cost per month.
The cost remained $25,000
and the are changes only to
monthly cost distribution.
The customer can
start focusing on ROI!
![Page 21: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/21.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Budgeted cost compared to
actual cost per month.
The cost remained $25,000
and the are changes only to
monthly cost distribution.
Actual duration: 4 months
The customer can
start focusing on ROI!
![Page 22: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/22.jpg)
The paradox:
People tend to take for granted the processes that lead
projects to achieve successfully all the initial requirements.
![Page 23: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/23.jpg)
The paradox:
People tend to take for granted the processes that lead
projects to achieve successfully all the initial requirements.
After applying project management processes and take a
look back, you see nothing more than what it should have
been done.
![Page 24: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/24.jpg)
COSMOS PROJECT MANAGEMENT
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to!
Reporting four months and a week later...
![Page 25: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/25.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months 2 more months required
![Page 26: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/26.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months 2 more months required
Budgeted cost compared
to actual cost per month.
More money required
to finish the project.
![Page 27: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/27.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 4 months 2 more months required
Budgeted cost compared
to actual cost per month.
More money required
to finish the project.
Delivering with 2 months delay.
The customer pays more money
and the ROI will delay too.
![Page 28: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/28.jpg)
01 02 03 04 05 06 07 08 09
COSMOS PROJECT MANAGEMENT
time (months)
cost
$
Planned duration: 4months
Budgeted cost compared
to actual cost per month.
More money required
to finish the project.
Actual duration: 4 months 2 more months required
Delivering with 2 months delay.
The customer pays more money
and the ROI will delay too.
![Page 29: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/29.jpg)
“Houston, we have a problem”.
![Page 30: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/30.jpg)
To understand the importance of a project for the
customer, think as you are the customer.
The investment goes further than the project itself.
![Page 31: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/31.jpg)
To understand the importance of a project for the
customer, think as you are the customer.
The investment goes further than the project itself.
Delays on achieving the project objectives, delay the
creation of new jobs and opportunities or the pay back
of the business loans.
![Page 32: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/32.jpg)
COSMOS PROJECT MANAGEMENT
01 02 03 04 05 06 07 08 09
Planned duration: 4months
time (months)
cost
$
Resources availability: 100%
Budgeted cost $25,000 (distributed per month) This is the day the customer
is looking forward to!
Reporting four months and a week later...
![Page 33: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/33.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 3months and 2weeks
![Page 34: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/34.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 3months and 2weeks
Budgeted cost compared
to actual cost per month.
![Page 35: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/35.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 3months and 2weeks
Budgeted cost compared
to actual cost per month.
The project’s cost is $20,000
that means $5,000 under the
original budget!
![Page 36: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/36.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Actual duration: 3months and 2weeks
Budgeted cost compared
to actual cost per month.
The project’s cost is $20,000
that means $5,000 under the
original budget!
The customer has already
saved money starts
focusing on ROI earlier!
![Page 37: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/37.jpg)
01 02 03 04 05 06 07 08 09 time (months)
cost
$
Planned duration: 4months
Budgeted cost compared
to actual cost per month.
The project’s cost is $20,000
that means $5,000 under the
original budget!
Actual duration: 3months and 2weeks
The customer has already
saved money starts
focusing on ROI earlier!
![Page 38: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/38.jpg)
Delivering early and under budget the project, is the
way to promote the benefits of project management.
Saving time and money, avoiding to waste resources
and energy.
![Page 39: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/39.jpg)
Delivering early and under budget the project, is the
way to promote the benefits of project management.
Saving time and money, avoiding to waste resources
and energy.
Requires knowledge and experience, but most of all
dedication to the project objectives.
![Page 40: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/40.jpg)
In early, under budget deliveries, everyone is happy:
the customer, the sponsors, the project team
and many other persons for whom this investment
will become an opportunity!
![Page 41: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/41.jpg)
In Brief
![Page 42: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/42.jpg)
In Brief
Projects are investments.
![Page 43: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/43.jpg)
In Brief
Projects are investments.
On time delivery can be CRUSIAL for the
investment.
![Page 44: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/44.jpg)
In Brief
Projects are investments.
Delays can cause irreversible problems.
On time delivery can be CRUSIAL for the
investment.
![Page 45: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/45.jpg)
In Brief
to save time, cost and resources is an asset.
Applying PM process
Projects are investments.
Delays can cause irreversible problems.
On time delivery can be CRUSIAL for the
investment.
![Page 46: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/46.jpg)
In Brief
to save time, cost and resources is an asset.
Applying PM process
Projects are investments.
Delays can cause irreversible problems.
On time delivery can be CRUSIAL for the
investment.
![Page 47: Investments - Project management benefits](https://reader033.vdocuments.us/reader033/viewer/2022060115/5575dd46d8b42a917e8b52a4/html5/thumbnails/47.jpg)
© All rights reserved - Denise Fotopoulou uk.linkedin.com/in/denisefotopoulou/