This is the transcript for the presentation relating to partial fulfilment of Initiating

and planning project subject and we have Engineering and Construction as our
domain.
The structure of the presentation is as follows:
1) Introduction
2) Body
a. Project Management Life Cycle
b. Organizational forms
c. Stakeholder strategies
d. Business Case
e. Contracts
3) Conclusion
Project Management Life Cycle consists of Four phases (PMBOK 2.1) which are as
follows
I)
II)
III)
IV)

I)

II)

Project
Project
Project
Project

Initiation
Planning
Execution
Closure

This presentation focuses on first two phases of project management

life cycle.
Project Initiation:
Project initiation is the first phase of project management life cycle.
It is the process of formally authorizing any project (PMBOK 5.1).
There may be many purpose for inception of any project. It may be
due to market demand (a new fuel efficient car may be on demand
due to shortage of fuel, business need (a new training program for
training the interns in any organization, customer request
(customers might want new features in the product like mobile
phones and apps, social need(maybe there is need of new sanitary
projects or drinking water projects in the society) and many other
instances. Further, this is the phase for development of project
charter and stakeholder register. It is at this stage the project
manager is assigned for the project.
Project Planning:
It is the second phase of project management life cycle. The main
scope of the project is established in this phase and the objective for
the project is refined and filtered at this stage. Besides, any course of
action that is required to accomplish a project is formulated in this
phase to get the desired objective.
Organizational forms:
Organizational forms are the structure of the organization in which
determines how interactions are carried out among the members in
different fashion.

Basically, there are three types of organizational forms which are as

follows:
I)

II)

Functional organization: In this organization, the employees are

grouped in a hierarchical order and managed by a certain line of
authority. The top person ultimately is reported to. There is more
sepecilization, effective control, efficiency with this organization.
In this type of organization, the organization is structured in such
a way that small groups are formed based on specialized
functional area such as engineering, IT or marketing. The
disadvantage of this sort of organization is that there may be
confusion due to lack of co-ordination, internal conflicts and may
be expensive as well.
Projectized organization:
Ii this type of organization, project manager has the full
authority and is the main person to direct and resources. The
project manager is the sole person who controls the project
budget and he is also a full time staff. Project manager has
full indepencdency and authority but at the same time has to
deal with lot of difficult situations.