week 1-introduction to p.m

20
HEP 3103: STRATEGIC MANAGEMENT IN PROJECT MANAGEMENT BY: MS. FRIDAH SIMBA THEURI [email protected] 10/16/2013 1

Upload: dmugalloy

Post on 14-Apr-2018

213 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 1/20

HEP 3103: STRATEGICMANAGEMENT IN PROJECT

MANAGEMENT

BY: MS. FRIDAH SIMBA THEURI

[email protected] 

10/16/2013 1

Page 2: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 2/20

JOHARI WINDOW CONCEPT.

The Johari Window, named after the first names of itsinventors, Joseph Luft and Harry Ingham.

Its one of the most useful models describing the process of human interaction.

A four paned "window," as illustrated below, dividespersonal awareness into four different types, asrepresented by its four quadrants:

open

hidden

blind

unknown

10/16/2013 2

Page 3: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 3/20

Known to Self 

I know myself very well

(IKMVW)

Not Known to Self 

I don’t know myself very well 

(IDNMVW)

Known to Others

people know me

very well (OKMVW)

Not Known to OthersPeople don’t know me very

well (ODNMVW)

Public personIn us

Blind spots in us

Private personIn us

Undiscovered part of us

10/16/2013 3

Page 4: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 4/20

CONT

10/16/2013 4

Page 5: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 5/20

Known to Self Not Known to Self 

Known to Others

Not Known to

Others

ASK/RECEIVE

FEEDBACK

 T E L L  /   G  I   V 

 I   N F  O R  M A  T 

 I   O N

OPENING THE JOHARI WINDOW

10/16/2013 5

Page 6: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 6/20

Definitions of Strategy

Strategy refers to the formulation of basicorganizational missions, purposes, objectives

and policies.

How to achieve these program strategies The methods needed to ensure that strategies

are implemented so as to achieve

organizational ends.

610/16/2013

Page 7: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 7/20

Cont’

Strategy formulation:- involves the

interpretation of the environment and the

development of consistent patterns in

streams of organizational decisions. 

10/16/2013 7

Page 8: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 8/20

Cont’ 

There is no single universally accepted

definition of strategy.

There is also no one best way tocreate strategy

nor is there one best form of strategy

for the organization.

10/16/2013 8

Page 9: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 9/20

Strategic decisions are concerned with:- 

1. The scope of an organization's activities

2. The matching of an organization's

activities to its environment 3. The matching of an organization's

activities to its resource capability 

4. The allocation and reallocation of majorresources in an organization

910/16/2013

Page 10: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 10/20

Cont on strategic decisions

5. The values, expectations and goals of 

those influencing strategy

6. The direction in which an organizationwill move in the long term

7. Implications for change throughout

the organization.

10/16/2013 10

Page 11: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 11/20

Definitions of Strategic Mgnt

• … Strategic management is the art and science

of  formulating, implementing and evaluatingcross-functional decisions that will enable an

organization to achieve its objectives.

• Strategic management, therefore, integrates the

activities of the various functional sectors of a

business, such as marketing, sales, productionetc. , to achieve organizational goals (lamb 1984)

1110/16/2013

Page 12: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 12/20

Defn. of strategic management .

• …the decision process that aligns the

organization's internal capability  with the

opportunities and threats it faces in its

environment. [Rowe et al. (1994) Strategic

Management]

10/16/2013 12

Page 13: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 13/20

What is a project?

Project: It’s a temporary Endeavour undertaken to

create a unique product, service or result.

Its has a beginning and an end.

Operations: ‘work done in organizations to sustain thebusiness’

Projects are different from operations in that they endwhen their objectives have been reached or when theproject has been terminated.

10/16/2013 13

Page 14: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 14/20

Examples of projects

• Projects can be small or large and involve oneperson or a thousands of people. (size)

• They can be done in one day or take years to

complete. (time /duration)• Examples:

 – A government group develops a program to track childimmunizations

 – A construction company designs and constructs a newoffice building for a client

 – A pharmaceutical company launches a new drug

10/16/2013 14

Page 15: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 15/20

Project attributes

A project has a unique purpose; everyproject should have a well defined objective.

Each project is unique.

A project is temporary; it has a definitebeginning and a definite end.

A project is developed using a progressive

elaboration; projects are defined broadlywhen they begin and as time passes, thespecific details of the project become clearer.

10/16/2013 15

Page 16: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 16/20

Cont’ 

A project requires resources, often from various

areas; people, hardware, software or other assets.

A project should have a primary customer or

sponsor; project sponsor who provides the directionand funding for the project.

Most projects have many interested parties.

A project involves uncertainty; because every projectis unique, it’s difficult to define the project’s objectives

clearly

e.g. estimate how long it will take to complete the taskor how much it will cost.

10/16/2013 16

Page 17: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 17/20

What is project management? 

It’s the application of knowledge, skills, tools

and techniques to project activities to meetproject requirements.

Project management is a methodicalapproach to planning and guiding projectprocesses from start to finish.

The processes are guided through five stages:initiation, planning, executing, controlling, and closing.

10/16/2013 17

Page 18: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 18/20

Project phases

10/16/2013 18

Page 19: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 19/20

History of Strategic Mgt

After WW2 (Western world), most businesses

were small and strategic issues were handled bythe owner-manager or senior manager.

1950s/60s - Expansion of org. size & businessopportunities, necessitated systematic or formalways of looking at the future, leading to long-term planning using formal-rational methods

e.g. forecasting (the analytical school)

1910/16/2013

Page 20: WEEK 1-Introduction to P.M

7/27/2019 WEEK 1-Introduction to P.M

http://slidepdf.com/reader/full/week-1-introduction-to-pm 20/20

History of Strategic Mgt contd.

Assumptions:organizations are purposeful,

formal

exist in an objective environment; strategists can be trained to respond to

the future and complexity in a controlledmanner; strategic planning involves

following a set of sequential procedures &using formal models; there are no biases inSP process; etc.

2010/16/2013