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Fundamentals of Project Management



                      Notes

                                       Did u know? Over the last two decades, there has been much study and discussion on the
                                       contents of the project management process. Currently, the Project Management Institute
                                       has identified ten major elements forming the Project Management Body of Knowledge.

                                    Self Assessment

                                    State whether the following statements are true or false:

                                    4.   A particular and major breakthrough was the development of “network analysis” and the
                                         concept of “critical path”.
                                    5.   Over the last one decades, there has been much study and discussion on the contents of the
                                         project management process.
                                    6.   Currently, the Project Management Institute has identified ten major elements forming
                                         the Project Management Body of Knowledge.
                                    11.4 Craft-work, Brain-work and Leadership


                                    While both craft-work and brain-work projects encapsulate all the attributes of project
                                    management, brain-work projects such as software and management systems nevertheless
                                    require a different focus.
                                    The creation of physical products generally exact some degree of logical sequence in their
                                    construction, which favors hierarchical, linear type thinking. Products of the mind are not so
                                    constrained, although they will benefit from a logical and systematic approach. On the contrary,
                                    such projects benefit more from developing team commitment through lateral, cooperative and
                                    concurrent thinking.
                                    Consequently, the type of leadership required is also different. The former type of project
                                    responds better to “command and control’ leadership, whereas the latter responds better to the
                                    delegation of responsibility and authority within the context of defined goals and objectives.
                                    “Empowered work teams” is the current buzz word, a device to bring management focus on
                                    activating and motivating project team members by playing on an individual’s natural need to
                                    feel valued. Nevertheless, without true integrative leadership, the results can be fragmented,
                                    controversial and lack substance.

                                    So what do we see in the next ten or more years? Perhaps the first point is that another ten plus
                                    years is minimal in the overall scheme of things.
                                    Certainly, judging by the many projects that fail to reach their optimum potential or just downright
                                    miscarry, there will be plenty of opportunity for education and training in the art and science of
                                    project management. There will be broader understanding that success criteria are not best
                                    defined by time and cost objectives, but by scope and quality objectives, especially quality.
                                    There will be promulgated a better understanding that management of a project encompasses
                                    proactive tradeoffs between the four parameters of scope, quality, time and cost as suggested by
                                    Figure 11.2 , and not just time and cost alone.

                                    Moreover, the basis of successful decision will vary more with the type of project and the phase
                                    and stage in its life cycle than in management style.
                                    But the shift in application of project management from physical to intellectual projects has
                                    highlighted an interesting dichotomy in the nature of human beings. On the one hand there are
                                    the “technologists” who, striving to make a new world, are filled with the lusty enjoyment of





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