Lec.01.EPMAfshan.mech.A

7/30/2019 Lec.01.EPMAfshan.mech.A

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PLANNING ENGINEERING &PROJECT MANAGEMENT

DEPARTMENT OF ENGINEERINGMANAGEMENT, COLLEGE OF E&ME,

NUST

LECTURER:ENGR. AFSHAN NASEEM

LECTURE NO.1



P LANNING ?

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PLANNING

The process of setting goals , developing strategies ,and outlining tasks and schedules to accomplishthe goals.

“Planning is bringing the future into the present sothat you can do something about it now.”

“He who fails to plan, plans to fail.”

“Plans are nothing; planning is everything.” Dwight D. Eisenhower

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P ROJECT ?

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WHAT IS A P ROJECT ?

A project can thus be defined in terms of its distinctivecharacteristics -a project is a temporary endeavor undertaken to create a unique product or service.

A project is a series of activities leading to achieve aspecific outcome within a set budget and time scale.

“ A project is a sequence of temporary , unique , complex and connected activities having one goal or purpose

and that must be completed by a specific time , withinbudget , and according to specifications .”

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Unique Activities The project has never happened before and will never happenagain under the same conditions.

Complex Activities

Not simple, repetitive acts, such as mowing the lawn, runningthe weekly payroll, washing the car, or loading the deliverytruck

Connected Activities There is some order or sequenceOutput from one activity is input to another.

Temporary ActivitiesStart and Finish Dates

WHAT IS A PROJECT (CONTD .)

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One Goal Projects must have a single goal as compared to a program.

Specified Time

Projects have a specified completion date

Within Budget

Projects also have resource limits (people, money,machines)

According to Specification

The customer expectation

Self-imposed

WHAT IS PROJECT (CONTD .)

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M AIN FEATURES OF A PROJECT

Projects are TemporaryTemporary means that every project has a definitebeginning and a definite end.

Product of a Project is UniqueProjects involve doing something that has not beendone before and which is, therefore, unique .

Progressive ElaborationProgressively means "proceeding in steps; continuingsteadily by increments," while elaborated means"worked out with care and detail; developedthoroughly"

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EXAMPLES Underwater train tunnel

Wind farms in the middle of ocean

Water highway

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P ROJECT OBJECTIVES

A project is a series of activities leading to achieve aspecific outcome within a set budget and time scale.

P ROJECT SCOPE The work that needs to be accomplished to deliver aproduct, service, or result with the specified featuresand functions.

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P ROJECT SCHEDULE A project schedule is a time frame of start and completiondates of activities constituting the project. Projectscheduling looks at which tasks need to be performed for aproject and assigns deadlines for their completion.

P ROJECT COST A project cost is an estimate that enables the organizationto evaluate the feasibility of the project and to manage thecapital requirements of the project.

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P ROJECT RESOURCE REQUIREMENTS Resources are required to carry out the project tasks .They can be people, equipment, facilities, funding, or anything else required for the completion of a projectactivity.

The lack of a resource will therefore be a constraint on thecompletion of the project activity.

Resources are:

•Personnel•Equipment•Materials•Information/Technology•Money•Facilities

•Etc

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P ROJECT STAKEHOLDERS

Stakeholders are anyone who has an interest in the project.Project stakeholders are individuals and organizations that areactively involved in the project, or whose interests may beaffected as a result of project execution or project completion.

The following are examples of project stakeholders:•Project leader •Project team members•Upper management•Project customer •Resource Managers•Line Managers•Product user group•Project testers

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P ROJECT TRIPLE CONSTRAINTS

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OPERATIONS AND P ROJECTS

Two may overlap yet they share many characteristics like:

Performed by people.Constrained by limited resources.Planned, executed, and controlled.

Operations are ongoing and repetitive while projects are

temporary and unique .

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A program is different from a project. Programs are larger in scopeand comprise multiple inter-related projects.

Programs adopt new set of objectives and continue to work; projectscease when declared objectives have been attained

The co-ordinated management of a system of projects to achieve a set of

business objectives, is called Program Management.

P ROGRAM AND PROGRAM MANAGEMENT

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A portfolio is a collection of programs and/or projects and/or other work

that are grouped together to facilitate effective management of that work to

meet strategic business objectives.

The projects and programs in the portfolio may not necessarily beinterdependent or directly related.

P ORTFOLIO & PORTFOLIO MANAGEMENT

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MANAGEMENT ?

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M ANAGEMENT Art of getting resources together to accomplishdesired goals.Management comprises

PlanningOrganizingStaffingDirectingControlling

Manages deployment and manipulation of humanresources, financial resources, technologicalresources and natural resources

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M ANAGEMENT FUNCTIONS

ManagementFunctions

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M ANAGEMENT S KILLS

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P ROJECT MANAGEMENT ?

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P ROJECT MANAGEMENT

Project management is the discipline of planning ,organizing , securing , managing , leading , andcontrolling resources to achieve specific goals.The primary challenge of project management is to

achieve all of the project goals and objectives whilehonoring the preconceived constraints . The primaryconstraints are scope, time, quality and budget .The secondary —and more ambitious — challengeis to optimize the allocation of necessary inputs andintegrate them to meet pre-defined objectives.

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QUIZ NO .1

Differentiate between operations, projects, programand portfolio along with examples.Note:

Time Allocated:15 minsTotal Marks: 15

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DISCUSSION

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Lec.01.EPMAfshan.mech.A