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    SOFTWARE PROJECTSOFTWARE PROJECT

    MANAGEMENTMANAGEMENT

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    Project ???Project ???

    1.1. A project is a planned series of related activities forA project is a planned series of related activities for

    achieving a specific objective with a clearachieving a specific objective with a clear

    beginning and end.beginning and end.

    2.2. A project is a planned series of related activities forA project is a planned series of related activities for

    achieving a specific business objective with a clearachieving a specific business objective with a clear

    beginning andbeginning and end.end.

    3.3. IS ProjectsIS Projects --

    a. Development of New ISa. Development of New IS

    b. Enhancing existing ISb. Enhancing existing IS

    c. Replacing or upgradingc. Replacing or upgrading

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    Project ManagementProject Management

    Application of knowledge, skills, toolsApplication of knowledge, skills, tools

    and techniques to achieve specificand techniques to achieve specific

    targets within specified budget andtargets within specified budget andtime constraints.time constraints.

    PM for IS deals with 5 major variables:PM for IS deals with 5 major variables:--

    ScopeScope TimeTime

    CostCost

    Quality &Quality &

    RiskRisk

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    Importance of Project ManagementImportance of Project Management

    High failure rate.High failure rate.

    Fails to work properly.Fails to work properly.

    Fails to provide any benefit from theFails to provide any benefit from theInvestmentInvestment ------ fails to solve the problem forfails to solve the problem for

    which it was intended.which it was intended.

    So, IS projects should be carefully managedSo, IS projects should be carefully managed

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    Process Of Project ManagementProcess Of Project Management

    Five phases of Project ManagementFive phases of Project Management --

    Initiating/Defining.Initiating/Defining.

    Planning.Planning. Executing.Executing.

    Controlling.Controlling.

    Closing.Closing.

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    Initiating/Defining :Initiating/Defining :--

    State the problem(s)/goal(s).State the problem(s)/goal(s).

    Identify the objectives.Identify the objectives. Secure resourcesSecure resources

    Explore costs/benefitExplore costs/benefit

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    Planning :Planning :--

    Identify and sequence activities.Identify and sequence activities.

    Identify the Critical Path.Identify the Critical Path.

    Commonly used technique isCommonly used technique is Gantt ChartGantt Chart Estimate time and resources needed forEstimate time and resources needed for

    completion.completion.

    Write a detailed project plan.Write a detailed project plan.

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    Executing :Executing :--

    Commit Resources to specific tasksCommit Resources to specific tasks

    Add additional resources/personnel ifAdd additional resources/personnel ifnecessarynecessary

    Initiate project work.Initiate project work.

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    Controlling :Controlling :--

    Establish reporting obligations.Establish reporting obligations.

    Create reporting tools.Create reporting tools.

    VarienceVarience Report,Report, StausStaus Report, ResourceReport, ResourceAllocation Report.Allocation Report.

    Compare actual progress with baseline.Compare actual progress with baseline.

    Initiate control interventions if necessary.Initiate control interventions if necessary.

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    Closing :Closing :--

    Install all deliverables.Install all deliverables.

    FinaliseFinalise all obligations/commitments.all obligations/commitments.

    Meet with stakeholders.Meet with stakeholders. Release project resources.Release project resources.

    Document the project.Document the project.

    Issue final report.Issue final report.

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    Establishing the Business ValueEstablishing the Business Value

    ofInformation SystemofInformation System

    Information Systems Costs and Benefits :Information Systems Costs and Benefits :--

    Tangible BenefitsTangible Benefits--

    Increased Sales VolumeIncreased Sales Volume Lower Operational CostsLower Operational Costs

    Reduced Work ForceReduced Work Force

    Lower Computer ExpensesLower Computer Expenses

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    Intangible Benefits :Intangible Benefits :--

    Efficient Customer Service.Efficient Customer Service.

    ImprovedImproved OrganisationalOrganisational PlanningPlanning More Timely InformationMore Timely Information

    ImprovedImproved DecissionDecission MakingMaking

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    Capital Budgeting for ISCapital Budgeting for IS

    The principal Capital Budgeting Models are :The principal Capital Budgeting Models are :--

    The Pay Back Method.The Pay Back Method.

    The Accounting rate of return on investment.The Accounting rate of return on investment. The Net Present Value.The Net Present Value.

    The Internal Rate of Return.The Internal Rate of Return.

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    Managing Project RiskManaging Project Risk

    Dimensions of Project Risk :Dimensions of Project Risk :--

    Project Size.Project Size.

    Project Structure.Project Structure. Experience with technologyExperience with technology

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    Thank You !!!Thank You !!!

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!