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Project Management
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Project Management

Introduction

Module 1: Projects and Project Lifecycle

What is a Project?

Project Management?

Personal Projects

Project Lifecycle

Benefits

Fast-tracking

Summary

Hints and Tips

Module 2: Project Teams and Roles

Management

Project Teams

Running a Project

Uncertainty

Success/Failure

Summary

Hints and Tips

Resources

What is project management?

What is Project Management?
Project management is the managing of resources to ensure project outcomes are achieved and completed within a time frame.

The performance of a project is measured against three goals which form a project triangle, these are:

  • Time

  • Cost

  • Quality

At the outset of a project you must determine the principal influence which will guide the project when hard decisions are required.

Ask yourself 'What will success look like from our 'customers' point of view?'

Project managing can be defined as the application of knowledge and skills to project activities in order to achieve the project objectives within cost, time and quality constraints.

Time

A crucial factor in the Offshore Oil & Gas projects due to the seasonal nature of the North Sea environment, where there is a weather window of opportunity for the installation of facilities.

Cost
The critical factor for projects that have fixed budgets.

Quality

An over-riding factor for the Nuclear Industry.

Middle
The management task is to balance these variables of cost, time, and quality.

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