Project Management: Overview A. What Is Project Management (PM)? B. Why Is Project Management Needed? C. What Skills Does Project Management Require? D. When Does Project Management Occur and ends? • Project ends shortly after the Product ships • Product End of Life occurs when Product Service is terminated by manufacturer MIS Practicum BUS119A: PM Overview - 1 8/7/2006 S. Yoon and D.Gasich A. What Is Project Management? • • • A systematic approach to PRODUCT development A set of activities to PLAN, MONITOR, COORDINATE, and REVIEW/Change/Rework a product development project Management activities: 1. Estimation of project cost 2. Preparation of development schedules 3. Application of effective development process • Development process consists of numerous steps starting with Identifying Requirements step and ending with Delivery of Product step (three to fifteen steps). 4. Preparation and evaluation of proposals MIS Practicum BUS119A: PM Overview - 2 8/7/2006 S. Yoon and D.Gasich PM Constraints • T=On Time – To meet and/or beat competition • B=Within Budget – Project Cost to make it profitable • F=Provide Function (FN) – To be attractive to customer must have CAPABILITIES that customer wants and needs. • Effect of TBF on QUALITY (Q) of the Product: Time Time (Q) Budget (FN) (Q) ( Q ) Budget (FN) Fewer Functions => “Less Quality” MIS Practicum BUS119A: PM Overview - 3 8/7/2006 S. Yoon and D.Gasich IPO and IPOSC Diagram Refresher • IPO – Input Process Output block diagram: Input Output Process IPOSC – is an IPO diagram that has two additional elements: •Storage and •Control MIS Practicum BUS119A: PM Overview - 4 8/7/2006 S. Yoon and D.Gasich IPOSC Diagram (a refresher) • IPOSC – Input, Process, Output, Storage and Control: Control Process Input Output Storage MIS Practicum BUS119A: PM Overview - 5 8/7/2006 S. Yoon and D.Gasich Functional Requirements • Input: The system must accept the following inputs -- employee timecards, .... • Processing: The system must perform the following processes -- calculate gross wage, .... • Output: The system must generate the following outputs: weekly paychecks, payroll tax report, .... • Storage: The system must maintain the following files: employee payroll file, tax rate file, .... • Control: The system must enforce the following policies -- pay overtime for hours > 40, .... MIS Practicum BUS119A: PM Overview - 6 8/7/2006 S. Yoon and D.Gasich Project Management Sub-goals The “Three legged” stool model. • On time – On-target estimate of project schedule and effective monitoring and tracking of project activities. • Within budget – On-target estimate of project budget and effective monitoring and tracking of project costs. • With a high degree of user commitment (FN) – Effective client relations, including involving users, documenting requirements, and managing change. MIS Practicum BUS119A: PM Overview - 7 8/7/2006 S. Yoon and D.Gasich All 3 PM Sub-goals are critical ... T On-time B Within budget F On time, Within Budget, Function Function On-time Budget • But, ultimately, the success or failure of a project is determined by the satisfaction of the person(s) who requested the project (that is CUSTOMER SATISFACTION)! Function MIS Practicum BUS119A: PM Overview - 8 8/7/2006 S. Yoon and D.Gasich Project Management …. • An effective project manager must be able to – understand the system objectives – identify system functional requirements (IPOSC) – recognize project constraints and scope – identify project tasks and estimate project schedule • in order to meet the objectives and satisfy the requirements while staying within the constraints. MIS Practicum BUS119A: PM Overview - 9 8/7/2006 S. Yoon and D.Gasich System Objectives • Statements of the business benefits the proposed system will provide – Efficiency: improve accuracy, timeliness; reduce costs, personnel; increase productivity – Effectiveness: make accurate, timely information available for management decision making; improve communication; support collaboration – Competitiveness: increase market share, customer satisfaction; lock-in customers and suppliers MIS Practicum BUS119A: PM Overview - 10 8/7/2006 S. Yoon and D.Gasich Constraints • State limitations on the resources available for the project – Time (schedule): calendar time to complete the project – Money (budget): $$$ available to pay developers, purchase HW/SW, convert data, train users, etc. – Personnel: number assigned, skills, availability – “Options”: must use firm’s existing HW/SW, can’t hire any additional staff, etc. – Development tools: 3GL vs. 4GL, prototyping or CASE tools, DBMS MIS Practicum BUS119A: PM Overview - 11 8/7/2006 S. Yoon and D.Gasich Scope • Statements describing what will/will not be addressed in the project – Organizational boundaries: Which divisions or locations? – Functional area boundaries: Which functional areas? – Process boundaries: Which processes? e.g., – Generate weekly payroll checks – Maintain W-2 data – Generate payroll reports – Generate annual W-2 forms MIS Practicum BUS119A: PM Overview - 12 8/7/2006 S. Yoon and D.Gasich PD PM Methodology Product Development Methodology A/K/A Development Process • A framework for solving technical challenges • Focus: Define the attributes of the desired product • Who: What are the technical roles and responsibilities? • Measurement: progress against the technical requirements Project Management • A framework for planning and managing work • Focus: Plan how to deliver product on time/within budget • Who: What are the management roles/responsibilities? • Measurement: progress against the project plan MIS Practicum BUS119A: PM Overview - 13 8/7/2006 S. Yoon and D.Gasich Product Attributes Product Abilities, Attributes, Function, Capabilities From “Wired” Magazine 05/2006 Function example: “Product will provide Web interface to a Database that will be user updateable.” An extensive list of “Abilities” is on next slide MIS Practicum BUS119A: PM Overview - 14 8/7/2006 S. Yoon and D.Gasich Product Abilities – Function and Quality are the key Acceptability - Interest and need of customers to get a product and use it. Adaptability - Change in one component does not require extensive changes in others. Applicability - Match between functional claims that product offers and customer needs. Assistability - Degree to which a product helps customers in doing certain tasks. Availability - Percent of time that a product is able to run out of all required time Capability - Functionality or Ability (FUNCTION) This is the key ability Feasibility - Likelihood of achieving objectives (or requirements) Flexibility - System's ability to adapt to changing requirements. Functionality - Systems scope of functions it can perform (ex. Sort, Print etc.) Installability - How easy it is to install the product Interoperability - Ability of the different HW and SW to work in unison Maintainability - Ability to modify, understand and test when changes are needed. Modularity - Product built in a way where change in one module has minimal impact on others. Performance - Primarily speed of transfer or processing. It may mean all "abilities". Reliability - Time or frequency that the system or program failing (QUALITY) Reusability - Ability of products to be used in new systems or with heavy MIS Practicum modifications. Portability - Ability a product to run on differentS.hardware different BUS119A: PM Overviewof- 15 8/7/2006 Yoon andand D.Gasich operating systems B. Why Project Management? What will happen if you do not plan or planning is inadequate. MIS Practicum BUS119A: PM Overview - 16 8/7/2006 S. Yoon and D.Gasich On-Budget Completion Rates Historical Experience (statistics) of numerous projects. Unsure 16% Under 7% On Budget 40% Over (average of 30%) 37% MIS Practicum BUS119A: PM Overview - 17 8/7/2006 S. Yoon and D.Gasich On-Time Completion Rates Unsure 7% Early 2% On Time 35% Late (avg = 5 months) 56% MIS Practicum BUS119A: PM Overview - 18 8/7/2006 S. Yoon and D.Gasich Observations and Quips • No major project is ever installed on time, within budget, or with the same staff that started it. Yours will not be the first. • Projects progress quickly until they become “90% complete”. Then it takes them as long to complete that last 10%. • One advantage of fuzzy project? -- You can avoid the embarrassment of estimating the corresponding costs. • When things are going well, something will go wrong. MIS Practicum BUS119A: PM Overview - 19 8/7/2006 S. Yoon and D.Gasich Laws of Project Management • If PRODUCT content is allowed to change freely, the rate of change will be greater than the rate of progress. Control “added functions”. • No system is ever completely debugged. The debug inevitably introduce new bugs that are even harder to remove (secondary and masked defects). • “A carelessly planned project may take 3X times longer to complete than expected; a carefully planned project will take 2X longer. • Project teams detest progress reporting b/c it vividly manifests their lack of progress. MIS Practicum BUS119A: PM Overview - 20 8/7/2006 S. Yoon and D.Gasich Major Reasons for Project Failure • Incomplete, ambiguous, inconsistent Requirements and Specifications • Poor (NO!) planning and/or estimating • No clear assignment of authority and responsibility • Inadequate “End User" involvement during development • Lack of adequate experience, tools and techniques • Dependencies on external sources (vendors, subcontractors, counting on inventions) • High staff turnover or inadequate training MIS Practicum BUS119A: PM Overview - 21 8/7/2006 S. Yoon and D.Gasich Major Interactions of PR Participants $$ Top Management Government Agencies: Patents, Copyrights, Trademarks, Environment Impact Functional Managers Project Manager Project Team (teamwork) Other Organizations HR, Facilities (office space) Consultants (professors) Client, Customers, Sponsor Subcontractors Outsourcing MIS Practicum BUS119A: PM Overview - 22 8/7/2006 S. Yoon and D.Gasich C. PM Skills Needed 1. Planning: predicting the sequence of activities and resources needed for a project 2. Sizing: predicting deliverables in terms QUANTIFIABLE METRICS. Metrics for VOLUME is LOC. Specifications pages, documentation, test cases, etc. have metrics. Estimating: predicting the future outcome of a project in terms of size, schedule, effort, cost, quality, value, and risk 3. Estimating: predicting the future outcome of a project in terms of size, schedule, effort, cost, quality, value, and risk. Example: It takes a Year to one Programmer to write 1000 lines of code. How many programmers does the project need to complete 5 KLOC in 6 months? 4. Tracking: monitoring costs and resources over time. Project Plan predicts when certain MILESTONES will be reached (ex. Testing Complete) and management expects to see it by that date. (continued on next slide) MIS Practicum BUS119A: PM Overview - 23 8/7/2006 S. Yoon and D.Gasich PM Skills …. (continuation from previous slide) 5. Measuring: collecting hard data (schedules, resources, deliverable size) and soft data (opinions on tool usefulness, constraints, creeping requirements) to assess the process and product of development. Using collected data from previous projects in order to develop “rules of thumb” 6. Assessing: reviewing processes used to develop systems to evaluate how closely project comes to its planned rate of progress and how well product meets requirements (A/K/A Checkpoints). MIS Practicum BUS119A: PM Overview - 24 8/7/2006 S. Yoon and D.Gasich Important Skills for the PR Manager Scheduling and time management skills Technical skills Budgeting skills Leadership skills Marketing, Resource management, contracting, human relationship customer skills relationship skills Negotiating Communications skills skills “A Well Rounded” Project Manager MIS Practicum BUS119A: PM Overview - 25 8/7/2006 S. Yoon and D.Gasich D. When Does PM Occur? • For Project Proposal – Estimate time, resources, costs to evaluate risks/benefits; size project deliverables • At Project Inception – Prepare more detailed estimate of time, resources, costs – Prepare detailed schedule of early activities, broad schedule of later activities – Establish development team • During Project – Track costs and resources used – Coordinate and monitor activities, personnel, resources • For Post-Implementation Review (learn from experiences) – Measure/assess process and product. “Lessons Learned” and “Post Mortem Analysis”. MIS Practicum BUS119A: PM Overview - 26 8/7/2006 S. Yoon and D.Gasich Success of a Product Depends on: 1. Develop a sellable product (right abilities). 2. Develop it on schedule, within budget and with right capabilities (do PROJECT PLANNING). 3. Deliver it on time to beat competition 4. Nurture financing sources 5. Expect unplanned events, provide BUFFER(s) 6. Recognize and identify potential exposures to potential negative impacts, take Risk. 7. Handle risk by having “Risk Plan” in the back pocket in order to Alleviate (relieve, lessen impact) of potential negative factors if and when they occur. MIS Practicum BUS119A: PM Overview - 27 8/7/2006 S. Yoon and D.Gasich
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