Have a definite beginning and end.
Can be any length of time.
Project Process and result are unique.
People, Internal Groups & Organizations can be involved.
Require a Purpose.
Market Demand
Business Need
Project Purposes Technical Breakthrough
Customer Orders
Legal Requirement
New Product
New Service
Project Results Product Enhancement
Improved Service
New Business Asset
Business Case
Justifying a New Initiative
Value Creation
Made by proving the results of a project will fulfill one or
Business Case
more needs.
Dependent on how well it meets needs relative to the costs
Value Creation
incurred.
Financial
Strategic
Social Good
Quality/Resilience
Project Value Types - 8
Organizational Empowerment
Customer Satisfaction
Technological Innovation
Intellectual Property
Project Management
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Utilization of many ditterent skills, resources, tools, tech-
niques, and accumulated wisdom in order to ettectively
coordinate project activities and achieve goals.
Must be a good communicator.
Solve Problems
Make Decisions
Project Manager Share Ideas
Reach Agreements
Resolve Conflicts
Move Forward with Project Work
Manage Project Requirements
Address Stakeholder Needs
4 Project Manager Key Activities
Maintain Communication
Balance Resource Constraints
Limited resources are present in every project environ-
ment.
Ettective project managers work to balance constraints
Project Constraints
and priorities.
Changes to any aspect of a project will impact other as-
pects where constraints are involved.
Scope
Schedule
Risk
6 Key Areas of Project Constraint
Budget
Quality
Resources
Identifying and understanding constraints allows for ef-
fective management to take place.
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Critical to understand what makes the initiative valuable,
Balance Resource Constraints
and what work most directly leads to this value.
Clear roles and objectives empower teams to succeed.
Ideal team size and structure will vary based on project
Project Roles and Responsibilities goals, scope and methodology.
Teams often change in size as the project life cycle pro-
gresses.
Core
Extended
Key Project Role Types
Functional
Operational
Core Team Members Focused on project-related responsibilities full-time
Participate part-time in project activities, predominantly
Extended Team Members
when their expertise is most valuable.
Contribute directly to fulfillment of project requirements
Functional Team Members
and value creation.
Facilitate the work of functional team members via admin-
Operational Team Members
istrative support.
Leader
Facilitator
Sponsor
Product Owner
Business Analyst
Key Project Roles
Domain SME
Developers & Engineers
Testers & QA Specialists
Customers
End User
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PMO
Governance Body
May be knows as project manager, coordinator, scrum
master or by other titles
Leader
Primary person responsible for ensuring objectives are
met and outcomes are satisfactory
An dditional role often fulfilled by project leader
Facilitator
Responsible for helping team members achieve goals by
combating challenges and facilitating progress
Individual or entity responsible for committing organiza-
tional resources, providing funding, and certifying project
Sponsor objectives.
Often selects the project leader and other key roles.
The additional role often fulfilled by the project sponsor
Product Owner
Prioritizes requirements for ongoing work based on an
understanding of value, risk, and activity dependencies.
Performs gap analysis, elicits information from stakehold-
ers and defines requirements
Business Analyst
Works alongside the project leadership to define goals
and explain context
(Subject Matter Expert)
Typically associated with the project for only a portion of
its total duration
Doman SME
Provide useful insight in specifying requirements and may
assist in implementation activities