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Showing posts from October, 2009

Appendix A - Risk Assement

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The picture beloqe is an example of risk assessment which I did for my group project.

My Reflections on the Course

Even tired of typing :) I am happy that now, finally i am writing my reflections on the course. Project Management in IT (PMIT as called by all students) was a helpful course for me. I think this is what everyone has typed about the course but I would like to give a simple reason for this. In my opinion this subject is something that you "can touch". What do I mean by "something that you can touch"? I mean that everything you learn here, has a benefit which is; you can use it in real life. This makes the subject different from some other subjects that you (or better saying "me") read just for the purpose of finishing the final exam. I started this blog from an empty page, and now I am proud that I can return to this simple and small blog (I always tell my friends "my blog is the most boring blog in the net" :D :D) and read for my pleasure, because I really filled up those blank pages. Special thanks should of course, go to our lecturer who did t

12. Project Procurement Management

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In this post, we are going to focus on the importance of project procurement management and the increasing use of outsourcing for information technology projects. The term procurement means acquiring goods and/or services from an outside source. There are different ideas about outsourcing. Some companies, such as Wal-Mart, prefer to do no outsourcing at all, while others do a lot of outsourcing. But why do companies outsource? There are different reasons among which we may rank: a) To reduce both fixed and recurrent costs, b) To allow the client organization to focus on its core business, c) To access skills and technologies, d) To provide flexibility, e) To increase accountability. The main key of outsourcing is the contract , which is a mutually binding agreement that obligates the seller to provide the specified products or services and obligates the buyer to pay for them. Project procurement management means acquiring goods and services for a project from outside the performing

11. Project Risk Management

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Do project managers understand what risk is and the importance of good project risk management? Risk management is often overlooked in projects, but it can help improve project success by helping select good projects, determining project scope, and developing realistic estimates. There exists mainly two types of risks. Positive and negative risks. Negative risk involves understanding potential problems that might occur in the project and how they might impede project success. Negative risk management is like a form of insurance; it is an investment. Beside this, positive risks are risks that result in good things happening; sometimes called opportunities. Project Risk Management Processes : 1 - Risk Management Planning: deciding how to approach and plan the risk management activities for the project. The main output of risk management planning is a risk management plan —a plan that documents the procedures for managing risk throughout a project.The project team should review project

10. Project Communications Management

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We talked about human resource management on the last part. Of course that if we want to have a good relationship among employees and managers, the most important thing is to have good communication. And so, we come to the other knowledge area that is; Project Communications Management. Strong verbal skills are a key factor in career advancement for IT professionals. Project communication management includes the following processes; Communications Planning: Communications planning means determining the information and communications needs of the stakeholders. Every project should include some type of communications management plan. Communication management plan is a document that guides project communications. A very important document in this process is a stakeholder analysis. it describes the characteristics of the stakeholders which helps project managers on how to deal with them. An example for a stakeholder analysis for project communications is shown in the picture for further

09. Project Human Resource Management

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Relationship with the employees has always been an important aspect of the modern civilizations. In different from the last century where the most important goal in an organization was to make the most possible profit, nowadays everyone has understood the importance of good relationship among people and the goal beside the profit, is having satisfied employees and customers. Many corporate executives have said, “People are our most important asset”. People are the factor which determine the success and failure of organizations and projects. As a new field IT is seeing an increase on the demand of its workforce. People with IT skills nowadays are needed almost in every area. The Digital Planet 2006 study estimated that the global marketplace for information and communications technology (ICT) would top $3 trillion in 2006 and reach almost $4 trillion by 2009. I think we are going far from our goal of this paper, so let's turn on what is project human resource management? We will und

08. Project Quality Managament

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In continuing with the nine knowledge areas, the turn comes for project quality management. It is very important to understand the importance of project quality management for information technology products and services because this will help in giving a better output which means, satisfied customers and stakeholders/sponsors. It is very important to give outputs qualified for IT development teams because it sometimes may lead to fatal errors, like the case were in 1986, two hospital patients died after receiving fatal doses of radiation from a Therac 25 machine after a software problem caused the machine to ignore calibration data. Quality in a project may be defined as "the project’s processes and products meet written specifications or more simple saying: "a product can be used as it was intended" . For a more technical definition, we may refer to the International Organization for Standardization (ISO) which defines quality as “the degree to which a set of inherent

07. Project Cost Management

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We have gone so far with project management in IT and we have seen that all of the three previous knowledge areas were very important for the development of a plan. Now the turn is for the "Project Cost Management". This is interesting because many information technology projects have a poor track record in meeting their budget goals. This because the project managers in IT often overlook the financial issues in project management because they think that this issue belongs only to the finance divisions or to the economics area of studying. Ok, I know that you may wandering now; what is exactly project cost management? In a few and simple words, we may conclude that project cost management includes the processes required to ensure that a project team completes a project within an approved budget. Because this knowledge area is important as the other areas are, it is project managers responsibility to be familiar with some of the basic concepts and principles of cost manageme