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Project planning Johann Packendorff Dept of Industrial economics & management, KTH

Project planning Johann Packendorff Dept of Industrial economics & management, KTH

Project: Definition

An unique, non-repetitive task With a predetermined date of delivery Specified from a numer of goals Consisting of a number of interrelated and/or complex activities

Why are projects initiated?

Market demand Business need Customer request Technological advance Legal requirement New, entrepreneurial idea

Scope formulation process

Formulating the background of the project (establishing a common history, including the reasons for the project) What is to be done and/or achieved in the project (major deliverables) What is not to be done and/or achieved in the project (preventing misguided action) Summarised in the goal formulation(s)

Project goal formulation

Statement on what the project will deliver and what external need(s) it will address What is the unique contribution of the project

Project goal statements

The project goal - What will be delivered in the end of the project - A compromise between cost, time and quality The effect goal - What long-term effects the project is supposed to have on its environment Secondary goals - Other deliverables and effects that principals, stakeholders or project team members see as desirable outcomes of the project process Then: Come up with a catchy yet precise name of the project!

The Work Breakdown Structure

Breaking down the project goal into concrete parts and activities that can be planned and assigned to different persons on the project. 1 The deliverable items, i.e. a breakdown of the system/product/service that the project results in. 2 The functional tasks needed to create and deliver these items. 3 Other functional tasks necessary to manage and control the project.

From WBS to time schedule

The WBS is a list of activities For each activity, specify - what is to be done - who will do it - what other people that are related to the activity - how long time it will take - how the activity is logically related to other activities

The time schedule

Put the activities in its proper chronological order Start with the deadline and calculate backwards Identify some milestones – i.e. major decision points during the project when the principals are to review the whole project and make decisions on its further progress Recommended tool: Gantt chart

Gantt chart

Gantt chart with milestone

Risk management

Risks = probable events that will to some extent – given that they happen – imply that project implementation must be changed as compared to initial plans Risks can be handled through - avoiding the event - decreasing the probability of the event - sharing the risk with others - just accepting that the event might happen, living with it A risk priority list is needed => The Minirisk method!

Minirisk

Identify risk events (events with a probability between 1% and 99%) Assess degree of probability (P) that the risk event happens (1-5) Assess degree of effect (E) upon the project when it happens (1-5) Caclulate a risk index for each event (probability x effect, i.e. between 1-25)

Minirisk: Risk matrix

25 20 15 10 5 E=5 20 16 12 8 4 E=4 15 12 9 6 3 E=3 10 8 6 4 2 E=2 5 4 3 2 1 E=1 P=5 P=4 P=3 P=2 P=1

Organizing the project

The project manager – the team leader that leads the daily work and assumes responsibility for the project. Keeps the principal involved and the stakeholders informed. The spider in the web! Team members – committed experts that are assigned different tasks The principal – the ’owner’ or the ’client’ of the project (the boss of the project manager) Stakeholders – other people or organisations that have interests in the project

The responsibility matrix

... 020 010 Information/discussion team members project manager principal other stakeholders Decision responsi-bility team members, project manager principal Action responsi-bility team members Activity

Committing the team

Team development Forming Storming Norming Performing Adjourning How can each team member fulfil his/her personal goals through the project? Ask everybody for a written commitment and personal goals statement!

Committing the stakeholders

- Top management - Other actor categories in the own organization - Project owners/clients - Accountants - Target group(s) - Authorities, political assemblies - Interest organizations, external individuals - Emergent stakeholders?

Stakeholder analysis

Gather information about the stakeholders - Interviews - Experiences from previous projects Analyse the intentions of the stakeholders - What interest do they have? What do the say they want? - What do they want but not telling you? - Active/passive? - What do they not want? How can we make stakeholders as satisfied as possible with the project process and outcomes?

The project plan

Title page Project background and context The project principal Project goal statements Work Breakdown Structure Time schedule/Gantt chart Responsibility matrix Risk map Description of project team members Stakeholder analysis

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Name: 
Johan-Packendorf-Proje...
Author: 
Johann Packendorff
Company: 
KTH INDEK
Description: 
Project planning Johann Packendorff Dept of Industrial economics & management, KTH
Tags: 
project | goal | stakehold | team | risk | activ | event | manag
Created: 
1/17/2005 9:54:52 AM
Slides: 
20
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