What I am proposing for the Definition of Project Management:


Project Management

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Project Management is define by PMBOK as the business process List of academic disciplines|discipline \-- Comment: Project managment is not an academic discipline, it apart of ISO standards and Policies similar to ITSM, Lean Manuafaturing and Six Sigma --\ of planning, initiating and executing to bring about the successful or unsuccessful projects \comment-- part of the project management process is post mortums for failed projects. Project managment is not only about bring forth successful projects --\ goals and objectives.

The PMBOK

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PMBOK (Project Management Body of Knowledge) is a set of vetted ISO policies for managing projects.

Project Definition

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A project is defined by PMBOK as a finite endeavor (having specific start and completion dates) undertaken to create a unique product or service which brings about beneficial change or added value. This finite characteristic of projects stands in sharp contrast to processes, or operations, which are permanent or semi-permanent functional work to repetitively produce the same product or service. In practice, the management of these two systems is often found to be quite different, and as such requires the development of distinct technical skills and the adoption of separate management philosophy, which is the subject of this article. /-- comment:the is a wikipedia entry not a article --/

The primary challenge of project management is to achieve all of the project goals and objectives while adhering to classic project constraints set forward by the PMBOK.
Constraints:
Scope
Time
Cost
Quality
usually scope, time and budget. The secondary—and more ambitious—challenge is to optimize the allocation and integration of inputs necessary to meet pre-defined objectives. A project is a carefully defined set of activities that use resources (money, people, materials, energy, space, provisions, communication, motivation, etc.) to achieve the project goals and objectives./-- Comment: strike through because none of the are ISO or PMBOK policies that define project constraint --/

Triple Constraints are PMBOK's Framework for evaluating demands. The triple constrain is often depicted as choosing 3 of the 4 contraints set forward by the PMBOK to use as a parameters for managing a project.

History of project management

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As a discipline, project management developed from different fields of application including construction, engineering, and defense. In the United States, the forefather of project management is Henry Gantt, called the father of planning and control techniques, who is famously known for his use of the Gantt chart as a project management tool, for being an associate of Frederick Winslow Taylor's theories of scientific management[1], and for his study of the work and management of Navy ship building. His work is the forerunner to many modern project management tools including the work breakdown structure (WBS) and resource allocation.

The 1950s marked the beginning of the modern project management era. Again, in the United States, prior to the 1950s, projects were managed on an ad hoc basis using mostly Gantt Charts, and informal techniques and tools. At that time, two mathematical project scheduling models were developed: (1) the "Program Evaluation and Review Technique" or PERT, developed by Booz-Allen & Hamilton as part of the United States Navy's (in conjunction with the Lockheed Corporation) Polaris missile submarine program[2]; and (2) the "Critical Path Method" (CPM) developed in a joint venture by both DuPont Corporation and Remington Rand Corporation for managing plant maintenance projects. These mathematical techniques quickly spread into many private enterprises.

At the same time, technology for project cost estimating, cost management, and engineering economics was evolving, with pioneering work by Hans Lang and others. In 1956, the American Association of Cost Engineers (now AACE International; the Association for the Advancement of Cost Engineering) was formed by early practitioners of project management and the associated specialties of planning and scheduling, cost estimating, and cost/schedule control (project control). AACE has continued its pioneering work and in 2006 released the first ever integrated process for portfolio, program and project management (Total Cost Management Framework).

In 1969, the Project Management Institute (PMI) was formed to serve the interest of the project management industry. The premise of PMI is that the tools and techniques of project management are common even among the widespread application of projects from the software industry to the construction industry. In 1981, the PMI Board of Directors authorized the development of what has become A Guide to the Project Management Body of Knowledge (PMBOK Guide), containing the standards and guidelines of practice that are widely used throughout the profession. The International Project Management Association (IPMA), founded in Europe in 1967, has undergone a similar development and instituted the IPMA Competence Baseline (ICB). The focus of the ICB also begins with knowledge as a foundation, and adds considerations about relevant experience, interpersonal skills, and competence. Both organizations are now participating in the development of an ISO project management standard.

Definitions

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  • PMBOK (Project Management -- Body of Knowledge as defined by the Project Management Institute — PMI):"Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements."[3]
  • PRINCE2 project management methodology: "The planning, monitoring and control of all aspects of the project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance."[4]


* PROJECT: A temporary endeavor with a finite completion date undertaken to create a unique product or service. Projects bring form or function to ideas or needs.

  • DIN 69901 (Deutsches Institut für Normung - German Organization for Standardization): "Project management is the complete set of tasks, techniques, tools applied during project execution"

-- Comment: The are not widely accepted or vetted projected management standards or policies --/

Job description of Project Managers

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Project management is quite often the province and responsibility of an individual project manager. This individual seldom participates directly in the activities that produce the end result, but rather strives to maintain the progress and productive mutual interaction of various parties in such a way that overall risk of failure is reduced.

A project manager is often a client representative and has to determine and implement the exact needs of the client, based on knowledge of the firm they are representing. The ability to adapt to the various internal procedures of the contracting party, and to form close links with the nominated representatives, is essential in ensuring that the key issues of cost, time, quality, and above all, client satisfaction, can be realized.

In whatever field, a successful project manager must be able to envision the entire project from start to finish and to have the ability to ensure that this vision is realized.

Any type of product or service — Pharmaceuticals, buildings, vehicles, electronics, computer software, financial services, etc. — may have its implementation overseen by a project manager and its operations by a product manager.

PMI Defined Project Management Credentials as follows:

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1. PMP (Project Management Professional)is the most common of four credentials awarded to Project Managers who actively practice Project Management.
2. CAPM Certified Associate in Project Management: The CAPM® credential recognizes a demonstrated understanding of the fundamental knowledge, processes and terminology as defined in A Guide to the Project Management Body of Knowledge (PMBOK® Guide) that are needed for effective project management performance.
3.PgMP Program Management Professional: The PgMP credential recognizes demonstrated experience, skill and performance in oversight of multiple, related projects that are aligned with an organizational strategy.
4. PMI RMP PMI Risk Management Professional: TThe PMI-RMP credential recognizes demonstrated knowledge and expertise in the specialized area of assessing and identifying project risks while mitigating threats and capitalizing on opportunities.
5. PMI-SPPMI Scheduling Professional:The PMI-SP credential recognizes demonstrated knowledge and advanced expertise in the specialized area of developing and maintaining the project schedule.

The traditional triple constraints

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Like any human undertaking, projects need to be performed and delivered under certain constraints. Traditionally, these constraints have been listed as scope, time, and cost /---comment: totally missed quality. The whole point of the the triple constainst is you have to sacrifice on of the four for completion of a project---/. These are also referred to as the "Project Management Triangle," where each side represents a constraint. One side of the triangle cannot be changed without affecting the others.
A further refinement of the constraints separates product "quality" or "performance" from scope, and turns quality into a fourth constraint. /--- strike thougrough because this statement referring to scope is an inaccuarate use of the word scope in the project management life cycle----/

 
The Project Management Triangle

The time constraint refers to the amount of time available designated by the project managment team to for the completion of the complete a project. The cost constraint refers to the budgeted amount available for the project /----comment inaccurate statement---/ Cost is the determining the arned value of a project. The scope constraint refers to what must be done to produce the project's end result. /---strike though due to inaccurate information. ---/ Scope is planning the emphaiss on which project will be defined and managed. /---left out quality so I will add it---/. Quality is the project process alignment with the concepts crearted by ISO, Deming, Juran and Crospy as well as TQM, Six Sigma. The Qaulity tool set forth by PMBOK id Quality, Planning Assurance and Control. These three four constraints are often competing constraints: increased scope typically means increased time and increased cost, a tight time constraint could mean increased costs and reduced scope, and a tight budget could mean increased time and reduced scope.

The discipline of project management is about providing the tools and techniques that enable the project team (not just the project manager) to organize their work to meet these constraints.
Another approach to project management is to consider the three constraints as finance, time and human resources. If you need to finish a job in a shorter time, you can throw more people at the problem, which in turn will raise the cost of the project, unless by doing this task quicker we will reduce costs elsewhere in the project by an equal amount. Strike-through text
/--- strike through this is a bad decription of scope reconsilation tools and policies set for by the PMBOK standard---/

Time

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For analytical purposes, the time required to produce a deliverable is estimated using several techniques. One method is to identify tasks needed to produce the deliverables documented in a work breakdown structure or WBS. The work effort for each task is estimated and those estimates are rolled up into the final deliverable estimate.

The tasks are also prioritized, dependencies between tasks are identified, and this information is documented in a project schedule. The dependencies between the tasks can affect the length of the overall project (dependency constrained), as can the availability of resources (resource constrained). Time is not considered a cost nor a resource since the project manager cannot control the rate at which it is expended. This makes it different from all other resources and cost categories. It should be remembered that no effort expended will have any higher quality than that of the effort- expenders.

Cost

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Cost to develop a project depends on several variables including (chiefly): resource costs, labor rates, material rates, risk management (i.e.cost contingency), Earned value management, plant (buildings, machines, etc.), equipment, cost escalation, indirect costs, and profit. But beyond this basic accounting approach to fixed and variable costs, the economic cost that must be considered includes worker skill and productivity which is calculated by variation to project cost estimates. This is important when companies hire temporary or contract employees or outsource work.

Scope

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Requirements specified to achieve the end result. The overall definition of what the project is supposed to accomplish, and a specific description of what the end result should be or accomplish. A major component of scope is the quality of the final product. The amount of time put into individual tasks determines the overall quality of the project. Some tasks may require a given amount of time to complete adequately, but given more time could be completed exceptionally. Over the course of a large project, quality can have a significant impact on time and cost (or vice versa).

Together, these three constraints have given rise to the phrase "On Time, On Spec, On Budget." In this case, the term "scope" is substituted with "spec(ification)."

Project management activities

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Project management is composed of several different types of activities such as:

  1. Analysis and design of objectives and events
  2. Planning the work according to the objectives
  3. Assessing and controlling risk (or Risk Management)
  4. Estimating resources
  5. Allocation of resources
  6. Organizing the work
  7. Acquiring human and material resources
  8. Assigning tasks
  9. Directing activities
  10. Controlling project execution
  11. Tracking and reporting progress (Management information system)
  12. Analyzing the results based on the facts achieved
  13. Defining the products of the project
  14. Forecasting future trends in the project
  15. Quality Management
  16. Issues management
  17. Issue solving
  18. Defect prevention
  19. Identifying, managing & controlling changes
  20. Project closure (and project debrief)
  21. Communicating to stakeholders
  22. Increasing / decreasing a company's workers

Project objectives

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Project objectives define target status at the end of the project, reaching of which is considered necessary for the achievement of planned benefits. They can be formulated as S.M.A.R.T.

  • Specific,
  • Measurable (or at least evaluable) achievement,
  • Achievable (recently Acceptable is used regularly as well),
  • Realistic (given the current state of organizational resources) and
  • Time terminated (bounded).

The evaluation (measurement) occurs at the project closure. However a continuous guard on the project progress should be kept by monitoring and evaluating.

Project management artifacts

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The following documents serve to clarify objectives and deliverables and to align sponsors, clients, and project team's expectations.

  1. Project Charter
  2. Preliminary Scope Statement / Statement of work
  3. Business case / Feasibility Study
  4. Scope Statement / Terms of reference
  5. Project management plan / Project Initiation Document
  6. Work Breakdown Structure
  7. Change Control Plan
  8. Risk Management Plan
  9. Risk Breakdown Structure
  10. Communications Plan
  11. Governance Model
  12. Risk Register
  13. Issue Log
  14. Action Item List
  15. Resource Management Plan
  16. Project Schedule
  17. Project Status Report
  18. Responsibility assignment matrix
  19. Database of lessons learned
  20. Stakeholder Analysis
  21. Document Management

These documents are normally hosted on a shared resource (i.e., intranet web page) and are available for review by the project's stakeholders (except for the Stakeholder Analysis, since this document comprises personal information regarding certain stakeholders. Only the Project Manager has access to this analysis). Changes or updates to these documents are explicitly outlined in the project's configuration management (or change control plan).

Project control variables

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Project Management tries to gain control over variables such as risk:

Risk
Potential points of failure: Most negative risks (or potential failures) can be overcome or resolved, given enough planning capabilities, time, and resources. According to some definitions (including PMBOK Third Edition) risk can also be categorized as "positive--" meaning that there is a potential opportunity, e.g., complete the project faster than expected.

Customers (either internal or external project sponsors) and external organizations (such as government agencies and regulators) can dictate the extent of three variables: time, cost, and scope. The remaining variable (risk) is managed by the project team, ideally based on solid estimation and response planning techniques. Through a negotiation process among project stakeholders, an agreement defines the final objectives, in terms of time, cost, scope, and risk, usually in the form of a charter or contract.

To properly control these variables a good project manager has a depth of knowledge and experience in these four areas (time, cost, scope, and risk), and in six other areas as well: integration, communication, human resources, quality assurance, schedule development, and procurement.

Approaches

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There are several approaches that can be taken to managing project activities including agile, interactive, incremental, and phased approaches.

Regardless of the approach employed, careful consideration needs to be given to clarify surrounding project objectives, goals, and importantly, the roles and responsibilities of all participants and stakeholders.

The traditional approach

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Typical development phases of a project

A traditional phased approach identifies a sequence of steps to be completed. In the traditional approach, we can distinguish 5 components of a project (4 stages plus control) in the development of a project:

  1. project initiation stage;
  2. project planning or design stage;
  3. project execution or production stage;
  4. project monitoring and controlling systems;
  5. project completion stage.

Not all the projects will visit every stage as projects can be terminated before they reach completion. Some projects probably don't have the planning and/or the monitoring. Some projects will go through steps 2, 3 and 4 multiple times.

Many industries utilize variations on these stages. For example, in bricks and mortar architectural design, projects typically progress through stages like Pre-Planning, Conceptual Design, Schematic Design, Design Development, Construction Drawings (or Contract Documents), and Construction Administration. In software development, this approach is often known as "waterfall development", i.e., one series of tasks after another in linear sequence. In software development many organizations have adapted the Rational Unified Process (RUP) to fit this methodology, although RUP does not require or explicitly recommend this practice. Waterfall development can work for small tightly defined projects, but for larger projects of undefined or unknowable scope, it is less suited. The Cone of Uncertainty explains some of this as the planning made on the initial phase of the project suffers from a high degree of uncertainty. This becomes specially true as software development is often the realization of a new or novel product, this method has been widely accepted as ineffective for software projects where requirements are largely unknowable up front and susceptible to change. While the names may differ from industry to industry, the actual stages typically follow common steps to problem solving — "defining the problem, weighing options, choosing a path, implementation and evaluation."

The Rational Unified Process (RUP) is an iterative software development process framework created by the Rational Software Corporation, a division of IBM since 2003. RUP is not a single concrete prescriptive process, but rather an adaptable process framework, intended to be tailored by the development organizations and software project teams that will select the elements of the process that are appropriate for their needs. The following are phases of RUP, which align to business activities intended to drive successful delivery and deployment of projects. It also provides the taxonomy for blue printing and producing enterprise architecture artifacts across its different domains.

  1. Inception - Identify the initial scope of the project, a potential architecture for the system, and obtain initial project funding and stakeholder acceptance.
  2. Elaboration - Prove the architecture of the system.
  3. Construction - Build working software on a regular, incremental basis which meets the highest-priority needs of project stakeholders.
  4. Transition - Validate and deploy the system into the production environment

The open source version of RUP is OpenUP.

Temporary organization sequencing concepts

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  1. Action-based entrepreneurship
  2. Fragmentation for commitment-building
  3. Planned isolation
  4. Institutionalised termination

Critical Chain

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Critical chain is the application of the Theory of Constraints (TOC) to projects. The goal is to increase the rate of throughput (or completion rates) of projects in an organization. Applying the first three of the five focusing steps of TOC, the system constraint for all projects is identified as resources. To exploit the constraint, tasks on the critical chain are given priority over all other activities. Finally, projects are planned and managed to ensure that the critical chain tasks are ready to start as soon as the needed resources are available, subordinating all other resources to the critical chain.

For specific projects, the project plan should undergo Resource Leveling, and the longest sequence of resource-constrained tasks is identified as the critical chain. In multi-project environments, resource leveling should be performed across projects. However, it is often enough to identify (or simply select) a single "drum" resource—a resource that acts as a constraint across projects—and stagger projects based on the availability of that single resource.

Extreme Project Management

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In critical studies of project management, it has been noted that several of these fundamentally PERT-based models are not well suited for the multi-project company environment of today. Most of them are aimed at very large-scale, one-time, non-routine projects, and nowadays all kinds of management are expressed in terms of projects. Using complex models for "projects" (or rather "tasks") spanning a few weeks has been proven to cause unnecessary costs and low maneuverability in several cases. Instead, project management experts try to identify different "lightweight" models, such as Agile Project Management methods including Extreme Programming for software development and Scrum techniques. The generalization of Extreme Programming to other kinds of projects is extreme project management, which may be used in combination with the process modeling and management principles of human interaction management.

Event chain methodology

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Event chain methodology is the next advance beyond critical path method and critical chain project management.

Event chain methodology is an uncertainty modeling and schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules. Event chain methodology helps to mitigate the negative impact of psychological heuristics and biases, as well as to allow for easy modeling of uncertainties in the project schedules. Event chain methodology is based on the following major principles.

  • Probabilistic moment of risk: An activity (task) in most real life processes is not a continuous uniform process. Tasks are affected by external events, which can occur at some point in the middle of the task.
  • Event chains: Events can cause other events, which will create event chains. These event chains can significantly affect the course of the project. Quantitative analysis is used to determine a cumulative effect of these event chains on the project schedule.
  • Critical events or event chains: The single events or the event chains that have the most potential to affect the projects are the “critical events” or “critical chains of events.” They can be determined by the analysis.
  • Project tracking with events: If a project is partially completed and data about the project duration, cost, and events occurred is available, it is possible to refine information about future potential events and helps to forecast future project performance.
  • Event chain visualization: Events and event chains can be visualized using event chain diagrams on a Gantt chart.

Process-based management

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Also furthering the concept of project control is the incorporation of process-based management. This area has been driven by the use of Maturity models such as the CMMI (Capability Maturity Model Integration) and ISO/IEC15504 (SPICE - Software Process Improvement and Capability Determination), which have been far more successful.

Agile project management approaches based on the principles of human interaction management are founded on a process view of human collaboration. This contrasts sharply with traditional approach. In the agile software development or flexible product development approach, the project is seen as a series of relatively small tasks conceived and executed as the situation demands in an adaptive manner, rather than as a completely pre-planned process.

Project systems

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As mentioned above, traditionally, project development includes five elements: control systems and four stages.

Project control systems

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Project control is that element of a project that keeps it on-track, on-time, and within budget. Project control begins early in the project with planning and ends late in the project with post-implementation review, having a thorough involvement of each step in the process. Each project should be assessed for the appropriate level of control needed: too much control is too time consuming, too little control is very risky. If project control is not implemented correctly, the cost to the business should be clarified in terms of errors, fixes, and additional audit fees.

Control systems are needed for cost, risk, quality, communication, time, change, procurement, and human resources. In addition, auditors should consider how important the projects are to the financial statements, how reliant the stakeholders are on controls, and how many controls exist. Auditors should review the development process and procedures for how they are implemented. The process of development and the quality of the final product may also be assessed if needed or requested. A business may want the auditing firm to be involved throughout the process to catch problems earlier on so that they can be fixed more easily. An auditor can serve as a controls consultant as part of the development team or as an independent auditor as part of an audit.

Businesses sometimes use formal systems development processes. These help assure that systems are developed successfully. A formal process is more effective in creating strong controls, and auditors should review this process to confirm that it is well designed and is followed in practice. A good formal systems development plan outlines:

  • A strategy to align development with the organization’s broader objectives
  • Standards for new systems
  • Project management policies for timing and budgeting
  • Procedures describing the process

Project Lifecycle Stages

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Regardless of the methodology used, the project development process will have the same major stages: initiation, planning or development, production or execution, maintenance and controlling, and closing.

Initiating

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The initiation stage determines the nature and scope of the development. If this stage is not performed well, it is unlikely that the project will be successful in meeting the business’s needs. The key project controls needed here are an understanding of the business environment and making sure that all necessary controls are incorporated into the project. Any deficiencies should be reported and a recommendation should be made to fix them.

The initiation stage should include a cohesive plan that encompasses the following areas:
1. Determine Project Goals
2. Determine the high level project deliverables
3. Determine the stake holders
4. Identify constraints and assumptions
5. Define high level resource requirements
6. Determine the initial budget
7. Create a project charter 8. Create preliminary project scope statement

Planning and design

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After the initiation stage, the system is designed. Occasionally, a small prototype of the final product is built and tested. Testing is generally performed by a combination of testers and end users, and can occur after the prototype is built or concurrently. Controls should be in place that ensure that the final product will meet the specifications of the project charter. The results of the design stage should include a product design that:
Planning Stages
1. Create a scope statement
2. Create a management plan
3. Choose the project team
4. Create a WBS
5. Finalize the project team
6. Create a network diagram
7. Estimate the activity durations
8. Estimate the cost
9. Determine the project schedule
10. Refine the time a cost estimates
11. Create a communications plan
12. Assign the resources
13. Determine the project budget
14. Develop quality management plan
15. Identify the risks
16. Qualitatively and quantitatively rank the risks
17. Develop a risk response plan
18. Adjust the estimates as necessary
19. Develop a procurement management plan
20. Create the SOW
21. Create the procurement documents
22. Develop a PM plan
23. Obtain approval of the plan
24. Hold a kickoff meeting

Executing

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Executing consists of the processes used to complete the work defined in the project management plan to accomplish the project's requirements. Execution process involves coordinating people and resources, as well as integrating and performing the activities of the project in accordance with the project management plan. The deliverables are produced as outputs from the processes performed as defined in the project management plan.

Executing Stage
1. Complete work packages
2. Use a work authorization system
3. Collect status information
4. Hold meetings
5. Provide team building and motivation
6. Distribute the project information
7. Obtain bids from outside vendors
8. Select vendors
9. Negotiate the vendor contract
10. Manage the contracts
11. Perform quality assurance

Monitoring and Controlling

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Monitoring and Controlling consists of those processes performed to observe project execution so that potential problems can be identified in a timely manner and corrective action can be taken, when necessary, to control the execution of the project. The key benefit is that project performance is observed and measured regularly to identify variances from the project management plan.

 
Monitoring and Controlling cycle

Monitoring and Controlling Stages
1. Conduct performance measuring
2. Conduct performance reporting
3. Identify and control changes
4. Verify and control scope
5. Control schedule
6. Control Cost
7. Control quality
8. Perform risk monitoring and control
9. Take corrective action
10. Update the PM plan
11. Update the actions and changes

Monitoring and Controlling includes:

  • Measuring the ongoing project activities (where we are);
  • Monitoring the project variables (cost, effort, ...) against the project management plan and the project performance baseline (where we should be);
  • Identify corrective actions to properly address issues and risks (How can we get on track again);
  • Influencing the factors that could circumvent integrated change control so only approved changes are implemented

In multi-phase projects, the Monitoring and Controlling process also provides feedback between project phases, in order to implement corrective or preventive actions to bring the project into compliance with the project management plan.

Project Maintenance is an ongoing process, and it includes:

  • Continuing support of end users
  • Correction of errors
  • Updates of the software over time

In this stage, auditors should pay attention to how effectively and quickly user problems are resolved.

Over the course of any construction project, the work scope changes. Change is a normal and expected part of the construction process. Changes can be the result of necessary design modifications, differing site conditions, material availability, contractor-requested changes, value engineering and impacts from third parties, to name a few. Beyond executing the change in the field, the change normally needs to be documented to show what was actually constructed. Hence, the owner usually requires a final record to show all changes or, more specifically, any change that modifies the tangible portions of the finished work. The record is made on the contract documents – usually, but not necessarily limited to, the design drawings. The end product of this effort is what the industry terms as-built drawings, or more simply, “asbuilts.” The requirement for providing them is a norm in construction contracts.

==== Closing ====

Closing includes the formal acceptance of the project and the ending thereof. Administrative activities include the archiving of the files and documenting lessons learned. Closing phase consist of two parts:

  • Close project: to finalize all activities across all of the process groups to formally close the project or a project phase
  • Contract closure: necessary for completing and settling each contract, including the resolution of any open items, and closing each contract applicable to the project or a project phase.

Closing Stages
1. Perform product verification
2. Complete final contract performance reporting
3. Conduct procurement audits
4. Obtain formal contact acceptance
5. Create a contract file
6. Complete final project performance reporting
7. Obtain forma acceptance of project
8. Perform lessons learned
9. Create the project archives
10. Release the resources

Project management tools

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Types of Contracts and Risk Tools
Fixed Price: Seller bears risk; use if scope is well defined
Cost plus; Buyer bears risk; use if buying expertise
Time and materials; Buyer and seller share risk; use if short term or in an emergency

Conflict Resolution Techniques for Stakeholder Acquisition Tool
Confront (problem solving): Solve the problem
Compromise; Each side give up something to find a solution
Withdrawl: Avoid finding a solution (retreating)
Smoothing: Emphasie agreement
Forcing: Push a decision

Define the Powers of the Project Manager
Formal or legitimate - Title and credentialed as the authority
Penalty - firing or punitive action
Referent - referred as by top ranking stakeholder
Reward - Monetary incentive
Expert designation
Representative of high ranking stakeholder
PMI says expert and reward are the best forms with penalty being the worst

Estimates
Rough order of magnitude (ROM): - 50% to +100%, Initiating phase
Order of magnitude: -25% to + 755, Initiating phase
Budget Estimate: -10% to +25%; Planning phase
Definitive estimated: -55 to +10%, planning phase

Communication Lines in Project n x (n -1)
over
2


Point of Total Assumption The Point where seller assumers 100% of Cost PTA = (( Ceiling Price - target Price) / Buyer share ) + Target Cost
PTA = ((Ceiling Price - Total Price)/ Buyer Share ) + Total Cost
Total Price = Total Cost + Total Profit or Target Cost + target proftit<br /
Making Changes - Change Request Values
1. Assess impact to project
2. Evaluate options
3. Meet with team and management
4. Communicate with customers

Finacial Evaluation for Projects
NVP

  • NVP> 0, accept project
  • NVP < 0, reject project
  • The more positive, the better


BCR

  • >1 bennefits are greater than cost
  • The bigger the better
  • <1, the benefits are less than cost

Payback

  • the shorter, the better

IRR

  • The higher the better


Risk Response Strategies
Negative

  • Avoid
  • Transfer/deflect
  • Mitigate


Positive

  • Exploit
  • Share
  • Enhance


Strategies for both

  • Acceptances


Project management tools include

International standards

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There have been several attempts to develop project management standards, such as:

/---comment other removed because they are about pieces of tools of project management not about project management or policy ----/


== See also ==

/----this just seems like link spam----/

Literature

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  • Aguanno, Kevin (2005). Managing Agile Projects. Oshawa, ON: Multi-Media Publications Inc. ISBN 1-895186-11-0.
  • Baars, Wouter (2006). Project Management Handbook (open source) (version 1.1 ed.). Edita-KNAW. ISBN 90 6984 496 6.
  • Berkun, Scott (2005). Art of Project Management. Cambridge, MA: O'Reilly Media. ISBN 0-596-00786-8.
  • Brooks, Fred (1995). The Mythical Man-Month (20th Anniversary Edition ed.). Adison Wesley. ISBN 0-201-83595-9. {{cite book}}: |edition= has extra text (help)
  • Comninos D &, Frigenti E (2002). The Practice of Project Management - a guide to the business-focused approach. Kogan Page. ISBN 0-7494-3694-8. {{cite book}}: Check |authorlink= value (help); External link in |authorlink= (help)
  • Heerkens, Gary (2001). Project Management (The Briefcase Book Series). McGraw-Hill. ISBN 0-07-137952-5.
  • International Project Management Association (2006). ICB - IPMA Competence Baseline (Version 3.0 ed.). IPMA. ISBN 0 9553213 0 1.
  • Kerzner, Harold (2003). Project Management: A Systems Approach to Planning, Scheduling, and Controlling (8th Ed. ed.). Wiley. ISBN 0-471-22577-0. {{cite book}}: |edition= has extra text (help)
  • Chamoun, Yamal (2006). Professional Project Management, THE GUIDE (1st.Edition ed.). Monterrey, NL MEXICO: McGraw Hill. ISBN 970-10-5922-0. {{cite book}}: |edition= has extra text (help)
  • Lewis, James (2002). Fundamentals of Project Management (2nd ed. ed.). American Management Association. ISBN 0-8144-7132-3. {{cite book}}: |edition= has extra text (help)
  • Meredith, Jack R. and Mantel, Samuel J. (2002). Project Management : A Managerial Approach (5th ed. ed.). Wiley. ISBN 0-471-07323-7. {{cite book}}: |edition= has extra text (help)CS1 maint: multiple names: authors list (link)
  • Project Management Institute (2003). A Guide To The Project Management Body Of Knowledge (3rd ed. ed.). Project Management Institute. ISBN 1-930699-45-X. {{cite book}}: |edition= has extra text (help)
  • Stellman, Andrew and Greene, Jennifer (2005). Applied Software Project Management. Cambridge, MA: O'Reilly Media. ISBN 0-596-00948-8.{{cite book}}: CS1 maint: multiple names: authors list (link)
  • Thayer, Richard H. and Yourdon, Edward (2000). Software Engineering Project Management (2nd Ed. ed.). Wiley-IEEE Computer Society Press. ISBN 0-8186-8000-8. {{cite book}}: |edition= has extra text (help)CS1 maint: multiple names: authors list (link)
  • Whitty, S. Jonathan (2005). A Memetic Paradigm of Project Management (PDF). International Journal of Project Management, 23 (8) 575-583.
  • Whitty, S.J. and Schulz, M.F. (2007). The impact of Puritan ideology on aspects of project management (PDF). International Journal of Project Management, 25 (1) 10-20.{{cite book}}: CS1 maint: multiple names: authors list (link)
  • Pettee, Stephen R. (2005). As-builts – Problems & Proposed Solutions (PDF). Construction Management Association of America.
  • Verzuh, Eric (2005). The Fast Forward MBA in Project Management (2nd ed.). Wiley. ISBN 0-471-69284-0 (pbk.).
  • Woolf, Murray (2007). Faster Construction Projects with CPM Scheduling (1st ed.). McGraw-Hill. ISBN 978-0-07-148660-6.
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Project Management Credentials Project Management Training

Subpage

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Please create a subpage for editing tests like those above. See WP:SUBPAGE. --Ronz (talk) 15:02, 22 October 2008 (UTC)Reply

Virtualization infrastructure

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  Please stop adding inappropriate external links to Wikipedia, as you did to Virtualization infrastructure. It is considered spamming and Wikipedia is not a vehicle for advertising or promotion. Since Wikipedia uses nofollow tags, additions of links to Wikipedia will not alter search engine rankings. If you continue spamming, you will be blocked from editing Wikipedia. [1] --Ronz (talk) 15:02, 22 October 2008 (UTC)Reply

Speedy deletion of CCNA Wireless

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A tag has been placed on CCNA Wireless, requesting that it be speedily deleted from Wikipedia. This has been done under section G11 of the criteria for speedy deletion, because the article seems to be blatant advertising which only promotes a company, product, group, service or person and would need to be fundamentally rewritten in order to become an encyclopedia article. Please read the guidelines on spam as well as Wikipedia:FAQ/Business for more information.

If you think that this notice was placed here in error, you may contest the deletion by adding {{hangon}} to the top of the page that has been nominated for deletion (just below the existing speedy deletion or "db" tag), coupled with adding a note on the talk page explaining your position, but be aware that once tagged for speedy deletion, if the article meets the criterion it may be deleted without delay. Please do not remove the speedy deletion tag yourself, but don't hesitate to add information to the article that would would render it more in conformance with Wikipedia's policies and guidelines. Lastly, please note that if the article does get deleted, you can contact one of these admins to request that a copy be emailed to you. Millbrooky (talk) 20:56, 5 November 2008 (UTC)Reply

Editing concerns

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I have concerns about your edits, since you seem to be editing in a promotional way, and you've indicated on your user page that it is you "job" to edit certain articles on Wikipedia. Professional editing, and editing to promote products, companies and services are seriously discouraged around here. AKRadeckiSpeaketh 17:22, 6 November 2008 (UTC)Reply

Agreed. And virtually no edit summaries is disturbing. Plus not much use of inline citations. dougweller (talk) 17:38, 6 November 2008 (UTC)Reply

Speedy deletion of ITIL Certification

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A tag has been placed on ITIL Certification requesting that it be speedily deleted from Wikipedia. This has been done under section A1 of the criteria for speedy deletion, because it is a very short article providing little or no context to the reader. Please see Wikipedia:Stub for our minimum information standards for short articles. Also please note that articles must be on notable subjects and should provide references to reliable sources that verify their content.

If you think that this notice was placed here in error, you may contest the deletion by adding {{hangon}} to the top of the page that has been nominated for deletion (just below the existing speedy deletion or "db" tag), coupled with adding a note on the talk page explaining your position, but be aware that once tagged for speedy deletion, if the article meets the criterion it may be deleted without delay. Please do not remove the speedy deletion tag yourself, but don't hesitate to add information to the article that would would render it more in conformance with Wikipedia's policies and guidelines. Lastly, please note that if the article does get deleted, you can contact one of these admins to request that a copy be emailed to you. [roux » x] 04:40, 9 November 2008 (UTC)Reply

Proposed deletion of Building Scalable Cisco Internetworks

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A proposed deletion template has been added to the article Building Scalable Cisco Internetworks, suggesting that it be deleted according to the proposed deletion process. All contributions are appreciated, but this article may not satisfy Wikipedia's criteria for inclusion, and the deletion notice should explain why (see also "What Wikipedia is not" and Wikipedia's deletion policy). You may prevent the proposed deletion by removing the {{dated prod}} notice, but please explain why you disagree with the proposed deletion in your edit summary or on its talk page.

Please consider improving the article to address the issues raised because, even though removing the deletion notice will prevent deletion through the proposed deletion process, the article may still be deleted if it matches any of the speedy deletion criteria or it can be sent to Articles for Deletion, where it may be deleted if consensus to delete is reached. Millbrooky (talk) 21:37, 9 November 2008 (UTC)Reply

Proposed deletion of Official Microsoft Learning Products

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A proposed deletion template has been added to the article Official Microsoft Learning Products, suggesting that it be deleted according to the proposed deletion process. All contributions are appreciated, but this article may not satisfy Wikipedia's criteria for inclusion, and the deletion notice should explain why (see also "What Wikipedia is not" and Wikipedia's deletion policy). You may prevent the proposed deletion by removing the {{dated prod}} notice, but please explain why you disagree with the proposed deletion in your edit summary or on its talk page.

Please consider improving the article to address the issues raised because, even though removing the deletion notice will prevent deletion through the proposed deletion process, the article may still be deleted if it matches any of the speedy deletion criteria or it can be sent to Articles for Deletion, where it may be deleted if consensus to delete is reached. Millbrooky (talk) 18:19, 10 November 2008 (UTC)Reply

Proposed deletion of Microsoft Certified Training Partner

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A proposed deletion template has been added to the article Microsoft Certified Training Partner, suggesting that it be deleted according to the proposed deletion process. All contributions are appreciated, but this article may not satisfy Wikipedia's criteria for inclusion, and the deletion notice should explain why (see also "What Wikipedia is not" and Wikipedia's deletion policy). You may prevent the proposed deletion by removing the {{dated prod}} notice, but please explain why you disagree with the proposed deletion in your edit summary or on its talk page.

Please consider improving the article to address the issues raised because, even though removing the deletion notice will prevent deletion through the proposed deletion process, the article may still be deleted if it matches any of the speedy deletion criteria or it can be sent to Articles for Deletion, where it may be deleted if consensus to delete is reached. Millbrooky (talk) 18:20, 10 November 2008 (UTC)Reply

 

The article Building Cisco Multilayer Switched Networks has been proposed for deletion because of the following concern:

not WP:NOTABLE

While all contributions to Wikipedia are appreciated, content or articles may be deleted for any of several reasons.

You may prevent the proposed deletion by removing the {{proposed deletion/dated}} notice, but please explain why in your edit summary or on the article's talk page.

Please consider improving the article to address the issues raised. Removing {{proposed deletion/dated}} will stop the proposed deletion process, but other deletion processes exist. In particular, the speedy deletion process can result in deletion without discussion, and articles for deletion allows discussion to reach consensus for deletion. LES 953 (talk) 13:37, 13 August 2011 (UTC)Reply

Nomination of Building Cisco Multilayer Switched Networks for deletion

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A discussion is taking place as to whether the article Building Cisco Multilayer Switched Networks is suitable for inclusion in Wikipedia according to Wikipedia's policies and guidelines or whether it should be deleted.

The article will be discussed at Wikipedia:Articles for deletion/Building Cisco Multilayer Switched Networks until a consensus is reached, and anyone is welcome to contribute to the discussion. The nomination will explain the policies and guidelines which are of concern. The discussion focuses on good quality evidence, and our policies and guidelines.

Users may edit the article during the discussion, including to improve the article to address concerns raised in the discussion. However, do not remove the article-for-deletion template from the top of the article. LES 953 (talk) 14:09, 13 August 2011 (UTC)Reply

 

The article Interconnecting Cisco Networking Devices Part 1 has been proposed for deletion because of the following concern:

non-notable product, no references and tagged with move since Nov 2011. Fail WP:N and WP:V

While all contributions to Wikipedia are appreciated, content or articles may be deleted for any of several reasons.

You may prevent the proposed deletion by removing the {{proposed deletion/dated}} notice, but please explain why in your edit summary or on the article's talk page.

Please consider improving the article to address the issues raised. Removing {{proposed deletion/dated}} will stop the proposed deletion process, but other deletion processes exist. In particular, the speedy deletion process can result in deletion without discussion, and articles for deletion allows discussion to reach consensus for deletion. LES 953 (talk) 12:41, 23 April 2012 (UTC)Reply

Superseded image file used on your page

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Dear Tobryant,

It supposed to be a friendly notification about the raster file "The triad constraints.jpg" has been superseded by the vector version "The-triad-constraints.svg". If you like the new one, I'd warmly recommend to replace it.

Best Regards, Balu.ertl (talk) 01:17, 4 April 2015 (UTC)Reply

ArbCom elections are now open!

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Hi,
You appear to be eligible to vote in the current Arbitration Committee election. The Arbitration Committee is the panel of editors responsible for conducting the Wikipedia arbitration process. It has the authority to enact binding solutions for disputes between editors, primarily related to serious behavioural issues that the community has been unable to resolve. This includes the ability to impose site bans, topic bans, editing restrictions, and other measures needed to maintain our editing environment. The arbitration policy describes the Committee's roles and responsibilities in greater detail. If you wish to participate, you are welcome to review the candidates' statements and submit your choices on the voting page. For the Election committee, MediaWiki message delivery (talk) 13:56, 24 November 2015 (UTC)Reply