Project Management Survey - Technology Projects and completion rates
A. Half are not completed on-time
B. 30% were completed with impacts to project constraints such as time
C. Only 10% finished on time (sometimes 5x longer)
Project Life Cycles - What have improved project efficiencies?
- Critical Path Methodology (CPM)
- Project Work Breakdown Structure
- Integrated Change Control Process
Support Project Life Cycle
What do Project Life Cycles do?
* Integrate Processes, Tools, and Techniques
* Address how a project will be conceived
- Weigh traditional methods against new ideas
- Maintain progress
- Operate within constraints
* A Collection of sequential phases used to control the project
- Can be
Project Life Cycle Phases vs Project Process Groups
Project Life Cycle Phases
* Initiation Phase
* Planning Phase
* Execution Phase
* Closing Phase
Project Process Groups
* Initiating
* Planning
* Executing
* Monitoring and controlling
* Closing
Project Life Cycle Phases
Project Life Cycle Phases
* Initiation Phase
* Planning Phase
* Execution Phase
* Closing Phase
PLCP - Initiation Phase
* Defines the project parameters
* Validates the need
- Statement of work
- Project Charter
* Provides structure
* Starts with a project request to address a problem or business need
- Business process improvements
- Defects identified
- Changes in functi
The Planning Phase
* Acquire resources to work within the project constraints
* Determine intent and requirements
- Build vs Buy
- Function vs non-function
- Cost benefit analysis
- Design Activities
* Deliverables
- Develop the project plan
- Develop the resource plan
- De
The Execution Phase
* Initiates the development of planned activities
* Includes subsidiary plans that manage activities within project constraints
- Project Time Management Plan
- Project Cost Management Plan
- Project Quality Management Plan
- Project Change Management Pla
The Closing Phase
* Activities required to bring closure to a project
* Deliverables
- Post implementation review
- Delivery of product to client
- Review of Lessons learned
- Administrative Closure contracts
- Updates to project artifacts