IT PROVIDES BUSINESS VALUE!

• MARKET DEMAND
• REQUEST OF A CUSTOMER
• BUSINESS NEED
•  ENVIRO CONSIDERATIONS
• LEGAL REQUIREMENTS
• SOCIAL NEED 
• TEHCNOLOGICAL ADVANCE

• TEMPORARY, HAS BEGINNING AND END
• ALWAYS CREATES SOMETHING UNIQUE

GROUP OF RELATED PROJECTS

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KEY: SAME STRATEGIC OBJECTIVE

CONSISTS OF: projects, programs and operations which may or may not directly relate to each other, but sharing the same strategic goal

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• PROJECTS HAVE REQUIREMENTS TO MEET[image]

• OPM defines strategic framework to achieve strategic goals of the company
• How we should manage, coordinate, and execute all of the work within the company

• SUPPORTIVE - creates the standards, procedures, and other Proj docs. Least authority compared to others
• CONTROLLING - supports & also has some control over the projects. Moderate authority level.
• DIRECTIVE - manages the projects among the organization. Highest lvl of authority

OG - Company has high-lvl strategic goals & roadmap. This RM includes procedures, standards, & policies. OG ensures that all work is done according those PM policies, etc.

PG - provides Proj Team with policies, processes, decision making models & tools to admin the project. PMO may provide & execute Project Governance (PG).

DISADVANTAGES:

• PM authority is less
• Sense of belonging is less
• Difficult to develop in the field of PM

ADVANTAGES:

• Specialization is easier
• Career dev on the specialized subject easier
• Resources are centralized & easy to mgm
• Admin is easier
• Team members are not temporary

DISADVANTAGES

• Complex structure / hard to manage
• M&C is har/ R assign is hard / complex
• Complexity leads to conflict
• Employees may have several managers

ADVANTAGES

• PM has more authority
• Resources are better managed
• Better coordination between PM & F_M
• Project objective is clearer
• Team members aren't temporary

DISADVANTAGES

• Team members are temporary
• Specialization is hard & career develop is low

ADVANTAGES

• PM authority is highest
• Sense of belonging is high
• Better administration & communication

• A PM is the one who manages the projects to add value to his organization by achieving the project goals
• communicates & coordinates
• involved on the Proj asap (even b4 initiate)
• stays until the end & closes the Proj
• involved in creating of P_Chart (not responsible)
• spends most time preventing problems
• develops & assists his team
• uses leadership skills
• develops award & recon systems
• manages & Controls resources
• leads his team to create budget & schedule
• determines relationship b/w activities
• analyses & develops cost/time reserves
• determines Proj constrains
• monitors & controls budget & schedule
• deals with change requests
• manages change control board

PROJECT INITIATOR - is the one who provides finance for the project, provides support & prevent unnecessary changes

ROLES:

• financier of the Proj
  
• defines high lvl what / how
• participates in development of biz case
• support PM & PTeam
• creates (or delegates to PM) P_Charter
• signs P_Charter
• prioritizes Proj constraints
• prioritizes the Projects
• manages high-lvl risks
• guides planning effort
• approves Proj Mgmt Plan (PMP)

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PLC - work needed to complete P

PM_Proc - PM work needed to manage the Work