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《高级金融学》(英文版)Chapter 3 Project Management

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Definition of Project Management Work Breakdown Structure Project Control Charts Structuring Projects Critical Path Scheduling
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OPERATIONS MANAGENIENT a=1 CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 1

Chapter 3 Project Management CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 2 Chapter 3 Project Management

OBJECTIVES Definition of Project Management Work breakdown structure Proiect Control Charts Structuring Projects Critical Path Scheduling CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 3 • Definition of Project Management • Work Breakdown Structure • Project Control Charts • Structuring Projects • Critical Path Scheduling OBJECTIVES

Project Management Defined Project is a series of related jobs usually directed toward some major output and requiring a significant period of time to perform Project Management are the management activities of planning, directing, and controlling resources(people, equipment, material) to meet the technical, cost, and time constraints of a project CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 4 Project Management Defined • Project is a series of related jobs usually directed toward some major output and requiring a significant period of time to perform • Project Management are the management activities of planning, directing, and controlling resources (people, equipment, material) to meet the technical, cost, and time constraints of a project

Project Control Charts: Gantt Chart Vertical axis. Always Activities Horizontal bars used to denote length or Jobs of time for each activity or job Activity 1 Activity 2 Activity 3 Activity 4 Activity 5 Activity 6 Time Horizontal Axis: Always Time CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 5 Project Control Charts: Gantt Chart Activity 1 Activity 2 Activity 3 Activity 4 Activity 5 Activity 6 Time Vertical Axis: Always Activities or Jobs Horizontal Axis: Always Time Horizontal bars used to denote length of time for each activity or job

6 Pure Proiect Defined A pure project is where a self-contained team works full-time on the project Structuring Projects Pure Project Advantages The project manager has full authority over the proiect Team members report to one boss Shortened communication lines Team pride. motivation, and commitment are high CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 6 Structuring Projects Pure Project: Advantages Pure Project Defined A pure project is where a self-contained team works full-time on the project • The project manager has full authority over the project • Team members report to one boss • Shortened communication lines • Team pride, motivation, and commitment are high

7 Structuring Projects Pure Project: Disadvantages Duplication of resources Organizational goals and policies are ignored Lack of technology transfer Team members have no functional area whome t CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 7 Structuring Projects Pure Project: Disadvantages • Duplication of resources • Organizational goals and policies are ignored • Lack of technology transfer • Team members have no functional area "home

8 Functional Proiect Defined A functional project is housed within a functional division President Research and Development」 Engineering Manufacturing Project Project Project Project ProjectProject Project Project Project A D E Example, Project"B is in the functional area of Research and development CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 8 Functional Project Defined President Research and Development Engineering Manufacturing Project A Project B Project C Project D Project E Project F Project G Project H Project I A functional project is housed within a functional division Example, Project “B” is in the functional area of Research and Development

9 Structuring Proiects Functional Project: Advantages A team member can work on several pl rejects Technical expertise is maintained within the functional area The functional area is a“home” after the project is completed Critical mass of specialized knowledge CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 9 Structuring Projects Functional Project: Advantages • A team member can work on several projects • Technical expertise is maintained within the functional area • The functional area is a “home” after the project is completed • Critical mass of specialized knowledge

Structuring Projects Functional Project: Disadvantages Aspects of the project that are not directly related to the functional area get short-changed Motivation of team members is often weak Needs of the client are secondary and are responded to slowly CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 10 Structuring Projects Functional Project: Disadvantages • Aspects of the project that are not directly related to the functional area get short-changed • Motivation of team members is often weak • Needs of the client are secondary and are responded to slowly

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