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This lecture was delivered by Aman Mathur at Alliance University for Project Management course. It includes: Managing, Project, Interfaces, Systems, Perspective, Project, Management, Concepts, Interactional, Project, Life, Cycle
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Project Management: Lesson 2^
to^ define^ and^ manage^ the major subsystems and their interfaces. • The dynamic control of projects: the importance of feedbacksystem and multilevel project control. • Wide spread use of systems techniques - systems analysis,systems^ engineering,^ work breakdown^ models,^ and^ the simulation models. 3
Project Management: Lesson 2^
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ProductsServicesProfitsEducationEnergy TRANSFORMATIONINPUTS OUTPUTS OrganizationalVariablesHumanResourcesMethodsMoneyProcessesMaterialsObjectivesKnowledgePoliciesEnergyDecisionsFEEDBACK EnvironmentalVariablesEconomicConditionsActions ofCompetitionUnion Activity
Project Management: Lesson 2^
Schedule, budget, and
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Project Management: Lesson 2^
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needed^ to^ execute^ theproject. This includes • Formal organizational structure, • Contractual relationships, • Systems of information flow, • Control procedures and formal working relationships.
-^ Minimizing^ the^ external^ disruptions
to^ the^ project from the environment. – Providing^ adequate^ infrastructure
and^ logistics^ to accomplish the project.
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between^ engineering^
and
the^ life-cycle^ subsystems are^ very^ important^ and^ require
very^ careful^ handling because^ –^ of^ the^ continuous^ importance
of^ the^ clock^ in^ all projects, – early subsystems (like^ design
) have a managerially dominant role on subsequent ones ( Manufacturing).
Project Management: Lesson 2^
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Project Management: Lesson 2^
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A group is
Project Management: Lesson 2^
information exchange,^ management^ coordination,
and^ resource sharing.
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Project Management: Lesson 2^
must^ be^ complete^ andactivated as soon as turn-over occurs.
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(technical^ definition, organization, environment, and infrastructure) must befully worked out at each phase of the project life cycle. • Sometimes, the effects of urgency do not allow the fullworkout^ procedure.^ This
situation^ is^ known^ as concurrency.
Project Management: Lesson 2^
has^ a^ broader^ context^ of setting^ standards,^ monitoring,
and^ correcting^ for deviations between actual and planned performance. • At the early stages, the need to control (monitor) theplanning, design, and estimate correctly is very essential. • In the production phase, the essential control need is themonitoring of the performance^ –^ to ensure the quality is being achieved, and^ –^ to ensure that the resources are being deployed onschedule and within budget. • Different^ groups,^ with^ their
different^ interests,^ have
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cost^ and^ schedule^ are^ in
Project Management: Lesson 2^
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Project Management: Lesson 2^