Concept of project

Presented by :-

Md Seemab ahmad
Md Shahbaz
Movmeen khan
 contents

 Introduction
 Definition
 Characteristics
 Types
 Project vs. program management
 introduction

Projects are of a group of activities that have to be performed with limited

resources to achieve specific objectives ,in a specific time ,and in a specific
locality. Thus, a project is a temporary endeavor employed to create a unique
product, services or results.

In simple terms, a project is collection of activities that are

interrelated with a specific over all purpose.
 Definition

A project can be defined as a unique process ,consisting of a set of

coordinated and controlled activities with start and finish dates,
undertaken to achieve the goal of the organization keeping in mind all the
time, cost and resourses.
 characteristics

1. Unique:- every project is unique, it requires the doing

something different, something that was not done earlier.

2. Definable purpose:- This is usually specified in terms of cost,

schedule and performance requirements.

3. Temporary activities :- A project is an ad hoc organization of

staff,material,equipment and facilities that is put together to
accomplish a goal.

4. Number of starting points :- A project can have a number of starting

points but one end.
Contd…..
5 . Time bound :- A project has to be completed within a time frame set
by the organization .otherwise it loses the credibility , resourses etc. of
the organization.

6. Complex in investment decision :- It is very complex for an

organization to decide ,how much amount to be invested so that the
must be completed within the time given to complete the project
without compromising the quality standard.

7. Leads to achieve a goal:- A project is the process of working to

achieve a goal by using all the resourses like men, material and capital.
 Types
Every Project is different. Projects can be classified on several different points.
The classification of projects in project management varies according to a
number of different factors such as complexity, source of capital, its content,
those involved and its purpose. Projects can be classified on the following
factors
According to complexity:

1. Easy: A project is classified as easy when the relationships between tasks are
basic and detailed planning or organisation are not required. A small work
team and few external stakeholders and collaborators are common in this
case.
2. Complicated: The project network is broad and complicated. There are many
task interdependencies. With these projects, simplification where
possible is everything. Cloud-based apps such as Sinnaps will
immensely help to simplify complicated projects by automatically
calculating the project’s best work path and updating any changes
introduced through its use of different types of project management
tools.
Contd…

According to source of capital:

1. Public: Financing comes from Governmental institutions.

2. Private: Financing comes from businesses or private incentives.
3. Mixed: Financing comes from a mixed source of both public and private
funding.
Contd….
According to project content:

1. Construction: These are projects that have anything to do with the construction
of a civil or architectural work. Predictive methods are used along with agile
techniques which will be explained later on.
2. IT: Any project to do with software development, IT system etc. The types of
project management information systems vary across the board, but in today’s
world are very common.
3. Business: These projects are involved with the development of a business,
management of a work team, cost management, etc., and usually follow a
commercial strategy.
4. Service or product production: Projects that involve themselves with the
development of an innovative product or service, design of a new product, etc.
They are often used in the R & D department.
Contd….

According to those involved:

1. Departmental: When a certain department or area of an organisation is

involved.
2. Internal: When a whole company itself is involved in the project’s
development.
3. Matriarchal: When there is a combination of departments involved.
4. External: When a company outsources external project manager or teams to
execute the project. This is common in digital transformations, process
improvements and strategy changes, for example.
Contd….

According to its objective:

1. Production: Oriented at the production of a product or service taking into

consideration a certain determined objective.
2. Social: Oriented at the improvement of the quality of life of people.

1. Educational: Oriented at the education of others.

2. Community: Oriented at people too, however with their involvement.
3. Research: Oriented at innovation and the gaining of knowledge.
 Project vs. program management

 The coordinated management of a portfolio of projects to achieve a set of

business objectives is call program management.

 A program might refer to an ongoing set of activities internal to the

organisation, for example a total quality management program, workplace

safety program, supplier development program etc.

Cont.

 Project manager would manage each of the project within the program report
to the program manager.

 The program manager would ensure that all of the integrated projects worked
together on schedule, on budget and ultimately towards the completion of
the program
Project management

 It is the application of knowledge, skills, tools and techniques to project

objective to meet stakeholders needs and expectations

 It is planning, monitoring and controlling of all aspects of a project and

motivation of all involved to achieve project objectives.

 Project management is both people and technical oriented.

THANK YOU