MET 470 Lecture Notes - Lecture 5: Swot Analysis, Project Management, Project Charter

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product, service, or result
project: defined
temporary
planned
several phases
unique output
4 parts of definition of project
Objectives have been achieved
Objectives will not or cannot be met
The need for the project no longer exists
The client (customer or sponsor) wants to end the
project
Project Defined: definite start and end
temporary vs. ongoing processes
unique products vs. repetitive
ends after objectives are attained vs. objective is to sustain business
project vs. operations
• Multiple projects put together
Program
• Multiple progras together
• Portfolio
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Application of knowledge, skills and tools to "project" activities to meet certain objectives.
[[[Applying management processes (Planning, Organizing, Directing, Controlling) in doing the project ]]]
Project Management
• Narro the fous or sope of ork
• Ahiee goals ithi a speifi tie
• Ahiee goals ithi a speified udget
• Predit ad minimize risks
[[[Pwedeng lumaki ng lumaki, if di na control yung scope then the project might crash
Need management to narrow focus
Everything is time bound
Resources must be managed
You do Project management basically to:
Ensure success
Make sure it is efficiently done]]]
Purpose of Project Management
Efficiency
- Getting things done without waste
Pwedeng effective at successful pero
- Nag over budget ka
- Pagod na pagod mga tao
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- Marami kang na waste na resource
- And that means it's not efficiently done
Efficiency vs Effectiveness
•Maagig the sope of the projet
•Addressig the differet issues
that come up
•Miiizig risks
•Maagig oerall pla
[[A project manager manages the scope of the project.
You can have a personal/small project so ikaw yung project manager and team.]]
Roles of Project Manager
• Leadership skills
•Couiatio skills
• Tea uildig skills
• Skills i iforatio teholog
•Aoutig skills
•Prole solig skills
[[[Kahit gaano ka well planned yung project, magkakaroon pa rin ng problem
Very rare ang walang hitches/ glitches.
As a project manager it is your role to foresee possible risks and minimize that, and when it actually
happens -- handle it accordingly]]]
Project Manager Skills
Strengths and Weaknesses are internal factors.
Opportunities and Threats are external factors.
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Document Summary

Product, service, or result project: defined temporary planned several phases unique output. The need for the project no longer exists. The client (customer or sponsor) wants to end the project. Project defined: definite start and end temporary vs. ongoing processes unique products vs. repetitive ends after objectives are attained vs. objective is to sustain business project vs. operations: multiple projects put together. Application of knowledge, skills and tools to project activities to meet certain objectives. [[[applying management processes (planning, organizing, directing, controlling) in doing the project ]]] Project management: narro(cid:449) the fo(cid:272)us or s(cid:272)ope of (cid:449)ork, a(cid:272)hie(cid:448)e goals (cid:449)ithi(cid:374) a spe(cid:272)ifi(cid:272) ti(cid:373)e, a(cid:272)hie(cid:448)e goals (cid:449)ithi(cid:374) a spe(cid:272)ified (cid:271)udget, predi(cid:272)t a(cid:374)d minimize risks. [[[pwedeng lumaki ng lumaki, if di na control yung scope then the project might crash. And that means it"s not efficiently done. Efficiency vs effectiveness: ma(cid:374)agi(cid:374)g the s(cid:272)ope of the proje(cid:272)t, addressi(cid:374)g the differe(cid:374)t issues that come up, mi(cid:374)i(cid:373)izi(cid:374)g risks, ma(cid:374)agi(cid:374)g o(cid:448)erall pla(cid:374)

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