7: Starting a Project
- Page ID
- 24649
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\(\newcommand{\avec}{\mathbf a}\) \(\newcommand{\bvec}{\mathbf b}\) \(\newcommand{\cvec}{\mathbf c}\) \(\newcommand{\dvec}{\mathbf d}\) \(\newcommand{\dtil}{\widetilde{\mathbf d}}\) \(\newcommand{\evec}{\mathbf e}\) \(\newcommand{\fvec}{\mathbf f}\) \(\newcommand{\nvec}{\mathbf n}\) \(\newcommand{\pvec}{\mathbf p}\) \(\newcommand{\qvec}{\mathbf q}\) \(\newcommand{\svec}{\mathbf s}\) \(\newcommand{\tvec}{\mathbf t}\) \(\newcommand{\uvec}{\mathbf u}\) \(\newcommand{\vvec}{\mathbf v}\) \(\newcommand{\wvec}{\mathbf w}\) \(\newcommand{\xvec}{\mathbf x}\) \(\newcommand{\yvec}{\mathbf y}\) \(\newcommand{\zvec}{\mathbf z}\) \(\newcommand{\rvec}{\mathbf r}\) \(\newcommand{\mvec}{\mathbf m}\) \(\newcommand{\zerovec}{\mathbf 0}\) \(\newcommand{\onevec}{\mathbf 1}\) \(\newcommand{\real}{\mathbb R}\) \(\newcommand{\twovec}[2]{\left[\begin{array}{r}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\ctwovec}[2]{\left[\begin{array}{c}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\threevec}[3]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\cthreevec}[3]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\fourvec}[4]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\cfourvec}[4]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\fivevec}[5]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\cfivevec}[5]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\mattwo}[4]{\left[\begin{array}{rr}#1 \amp #2 \\ #3 \amp #4 \\ \end{array}\right]}\) \(\newcommand{\laspan}[1]{\text{Span}\{#1\}}\) \(\newcommand{\bcal}{\cal B}\) \(\newcommand{\ccal}{\cal C}\) \(\newcommand{\scal}{\cal S}\) \(\newcommand{\wcal}{\cal W}\) \(\newcommand{\ecal}{\cal E}\) \(\newcommand{\coords}[2]{\left\{#1\right\}_{#2}}\) \(\newcommand{\gray}[1]{\color{gray}{#1}}\) \(\newcommand{\lgray}[1]{\color{lightgray}{#1}}\) \(\newcommand{\rank}{\operatorname{rank}}\) \(\newcommand{\row}{\text{Row}}\) \(\newcommand{\col}{\text{Col}}\) \(\renewcommand{\row}{\text{Row}}\) \(\newcommand{\nul}{\text{Nul}}\) \(\newcommand{\var}{\text{Var}}\) \(\newcommand{\corr}{\text{corr}}\) \(\newcommand{\len}[1]{\left|#1\right|}\) \(\newcommand{\bbar}{\overline{\bvec}}\) \(\newcommand{\bhat}{\widehat{\bvec}}\) \(\newcommand{\bperp}{\bvec^\perp}\) \(\newcommand{\xhat}{\widehat{\xvec}}\) \(\newcommand{\vhat}{\widehat{\vvec}}\) \(\newcommand{\uhat}{\widehat{\uvec}}\) \(\newcommand{\what}{\widehat{\wvec}}\) \(\newcommand{\Sighat}{\widehat{\Sigma}}\) \(\newcommand{\lt}{<}\) \(\newcommand{\gt}{>}\) \(\newcommand{\amp}{&}\) \(\definecolor{fillinmathshade}{gray}{0.9}\)- 7.1: Project Selection
- This page outlines the differences between an organization's mission, goals, and objectives, detailing their variations across organization types. It highlights the significance of aligning projects with the mission and introduces economic selection criteria like IRR for evaluating project viability. Additionally, it discusses the roles of project champions and opponents and their impact on success.
- 7.2: Project Scope
- This page emphasizes the significance of a project scope document, detailing its definition, uses, and change management. It defines the project work and exclusions, highlighting that complexity influences its detail. A strong scope document guides the team and contributes to success, requiring drafts, feedback, and documented changes. It distinguishes between scope changes and temporary deviations, stressing the need for written records of any modifications.
- 7.3: Project Start-Up
- This page discusses project start-up activities such as selecting the project manager, securing funding, and developing infrastructure. The complexity of the project affects the depth of these activities; simpler projects may utilize existing systems, while more complex ones need extensive coordination. A skilled project manager is vital for aligning with project complexity and setting expectations. Additionally, start-up meetings vary in duration and intensity based on the project's complexity.
- 7.4: Alignment Process
- This page discusses the alignment process in project management, highlighting the significance of kickoff meetings and trust among stakeholders. It aims to ensure a shared understanding of project goals, roles, and progress tracking methods. Trust is essential; without it, projects may face delays due to verification processes.
- 7.5: Communications Planning
- This page emphasizes the importance of effective communication for project success, highlighting the need for tailored communication plans and matrices to manage information flow in organizations and new projects. It covers document control systems, including file naming conventions for highway construction in California, to enhance clarity and accessibility.
- 7.6: Exercises
- This page provides exercises designed to improve understanding and retention of chapter content through essay questions and discussion prompts. Key activities include analyzing mission statements, evaluating project management pros and cons, and assessing alignment issues. Discussion topics explore trust's impact on project success, managing scope changes, and mission alignment. The aim is to foster collaboration and diverse insights among students.
- 7.7: Software and Technology Exercise
- This page provides a guide for using a spreadsheet to calculate cash flow, payback period, and Internal Rate of Return (IRR) for investment projects, detailing Excel setup, data input for expenses and income, and formula usage for analysis. It covers formatting and sequence filling, while emphasizing the importance of verifying calculations.