MEM677 - Topic 4

Definitions of risk probability and impact – an example of a template

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Probability and impact matrix

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Performing the projects

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EXECUTING THE PROJECTS

1. To complete the work defined in
the project management plan, to
satisfy the project
specifications

2. To coordinate people &
resources, as well as integrating
& performing the activities of the
projects in accordance to the
project management plan

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WHAT TO EXECUTE?

1. Direct and manage works
2. Acquire, Develop and Manage project team
3. Manage stakeholders
4. Manage communications
5. Quality Assurance – perform quality assurance
6. Conduct Procurement

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PROCESS: DIRECT AND MANAGE PROJECT WORK

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DIRECT AND MANAGE PROJECT WORK: OUTPUT

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ACQUIRE , DEVELOP & MANAGE PROJECT TEAM

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PROCESS : ACQUIRE PROJECT TEAM

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PROCESS : DEVELOP PROJECT TEAM

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INTERPERSONAL SKILLS

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TRAINING

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TEAM BUILDING

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STAGES OF TEAM DEVELOPMENT

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STAGES OF TEAM DEVELOPMENT

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GOALS OF TEAM MANAGEMENT

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MANAGE PROJECT TEAM

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CONFLICT MANAGEMENT

Problem solving

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APPROACH TO CONFLICT

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SOURCES OF CONFLICT

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SOURCES OF CONFLICT

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Controlling the projects

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CONTROLLING THE PROJECTS

To observe project execution so
that potential problems can be
identified in a timely manner, and
corrective action can be taken,
when necessary, to control the
execution project

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WHAT TO CONTROL?

1. Monitoring and control project works
2. Perform Integrated change control
3. Validate Scope
4. Control Scope
5. Control schedule (Topic 7)
6. Control Cost (Topic 9)
7. Quality Control
8. Communication
9. Report Management
10.Monitor & Control risk
11.Control Stakeholders
12.Control procurement

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Terminating the projects

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TERMINATING THE PROJECTS

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WHAT TO CLOSE?

1. Close Procurement
2. Contract Closeout

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CLOSE PROJECT OR PHASE

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CLOSE PROCUREMENT

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CONTRACT CLOSEOUT

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CONTRACT CLOSEOUT (Cont.)

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CONTRACT CLOSEOUT (Summary)

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REFERENCE

1. Jack R. Meredith, Samuel J Mantel Jr., “Project Management: Managerial
Approach”, Publisher –John Wiley & Sons Inc., 7th Edition, ISBN-13 978-0-470-
22621-6, 2009

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