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Business Project Management - Coggle Diagram
Business Project Management
Enterprise Project Management
(EPM)
The Company
PEOPLE
Aspiration
Accomplishments
Material goods
Technical and Financial Capabilities
Products
Services
To
Met existing needs in society
Generate Profits and make benefits
Solve a common problem
It is a
Social Organization
Functions
Objectives
Rules and Policies
Environment:
Co-workers, clients and Suppliers
Resources
Communication and Conversations
Commitment and Ownership
With different
Organizational Models
Simple Form
Lineal Model
Functional Model
Specialist that accomplish tasks related with different areas
"Adhocratic" Model
Opposite to bureaucracy. It means, there's not herarchy
Classic Complex Form
Matrix Organization Model
Weak
Close to a functional structure. Functional leaders have power and resources
Balanced
There's a mix between the power of project managers and functional managers
Strong
Close to a projectized structure. PMs have power and resources
Projects into the Organization
The Project Life Cycle
Initiation
Planning
Execution
Monitoring and Controlling
Closing
Product Life Cycle
Has to do with all the stages along which the product pass from its launching to its life end
The product has also a operative life cycle in which enter to the value chain of the company. It involves all the processes and activities performed to add value to that product
From that operative life cycle, feedback from clients and new market needs create opportunities to evolve
And an extension/evolution of the initial product can be developed
EPM
Model
Objectives
Aligning projects with business objectives
Balancing risks and values (Benefits and money)
Operation with efficient use of resources
Consistently achieving projects objectives
Communicating project objectives timely and accurate
Making good decisions
The Portfolio
Collection of projects and/or programs that work to meet strategic business objectives.
The projects and programs (Components) may not necessary be interdependent or directly related
This is where priorities are identified, investment decisions are taken and resources are allocated
Programs
A Group of related projects managed in a coordinated way to obtain benefits and control, not available from managing them individually
Portfolio and Program Management
Decision Making
Project Management Office (PMO)
Ethics in The Company and Projects
Strategic Thinking