FIT2002 Lecture Notes - Lecture 1: Project Charter, Requirements Analysis, Critical Chain Project Management
31 May 2018
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FIT2002 - Lecture 1 Notes
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Project Management (skills) : team work, decision making, problem
solving and verbal communications
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Advantages:
•Better control of financial, physical and human resources
•Improved customer relations
•Shorter development times
•Lower costs
•Improved productivity
•Higher quality and increased reliability
•Higher profit margins
•Better internal coordination
•High worker morale
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Project: Temporary endeavour undertaken to create a unique product,
service or result
•Operations is work done to sustain the business
•Projects end when their objectives have been reached or the project
has been terminated
•Projects can be large or small and take a short or long time to
complete
Project Vs Operations
•Organisation carry out projects under project management
•Perform Operations business process management
Project:
•temporary with start and end date
•create a unique product, service or result
•has a fixed budget
Operations: ongoing execution
•Ongoing execution of activities
•Produce the same output repeatedly or provide a repetitive service
•Operations have to earn profit
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IT project: involve using hardware, software, and/or networks to create a
produce, service or result
Typically have:
•Planned beginning and a planned deadline
•Defined outcome and key 'deliverables'
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•Evaluated as to time, cost, scope, performance, quality assurance
and are fit for purpose it is intended
•Budget
•Team of skilled specialist people
Example of IT projects:
•A team of students creates a smartphone application
•A company develops a driverless car
•Mobile-centric applications and interfaces
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Project Attributes:
•A project
◦Has a unique purpose
◦Is temporary, with a definite start and end date
◦Is developed using progressive elaboration (i.e. projects are
defined broadly at the start but as it progresses the specific
details of the project becomes clearer, therefore the project will
be developed in increments, start with initial plans and update
with more information)
◦Requires resources, often from various areas --> limited and
must be used effectively to meet project and other corporate
goals (e.g. people, hardware, software and other assets)
◦Should have a primary customer or sponsor
•The project sponsor usually provides the direction and
funding for the project
◦Involves uncertainty (every project is unique, sometimes
difficult to define objectives clearly, estimate how long to
complete, determine how much to cost) e.g.! Supplier going
out of business, team member needing unplanned time off
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Project and Program Managers:
•Effective project manager is crucial to a projects success
•Project managers work with project sponsors, project team, and
other people involved in a project to meet project goals
•Program: a group of related projects managed in a coordinated way
to obtain benefits and control not available from managing them
individually
•Program managers oversee programs; often act as bosses for
project managers
•Program managers provides leadership and direction for the project
managers heading the projects within the program
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Document Summary
Project management (skills) : team work, decision making, problem solving and verbal communications. Better control of nancial, physical and human resources. Improved productivity: higher quality and increased reliability, higher pro t margins, high worker morale. Project: temporary endeavour undertaken to create a unique product, service or result: operations is work done to sustain the business. Projects end when their objectives have been reached or the project has been terminated. Projects can be large or small and take a short or long time to complete. Project vs operations: organisation carry out projects under project management. Project: temporary with start and end date create a unique product, service or result has a xed budget. Operations: ongoing execution: ongoing execution of activities, operations have to earn pro t. Produce the same output repeatedly or provide a repetitive service. It project: involve using hardware, software, and/or networks to create a produce, service or result.
