project management vs normal management

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Page 1: Project management vs normal management

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Project Manager Vs

Normal (Functional) Manager

Page 2: Project management vs normal management

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Present Day scenario

Shoe string budget Very limited time frame Value conscious customers

Page 3: Project management vs normal management

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Typical Business objectives High level of competitiveness Low cost of operation Honoring deadlines – Business

activity with specific life cycle

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Typical Examples

Construction of a new building/structure

Design/upgrade/rectify defects in a component/product/service/manufacture process

Implement Quality standards like ISO 9000/ 6 Sigma etc.

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Typical Examples (Continued..)

Designing a new software application

Conducting a market survey for a product/service

Conduct clinical tests for a drug/therapy.

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To successfully manage such business activities

You need to1. Clearly define the GOALS of the Assignment

2. Estimate the time required and manage to honor deadlines

3. Estimate the cost involved and stick to the budget

4. Raise and manage your own team5. Have and manage a practical communication plan6. Evolve a Quality Management Plan and follow it

8. Have a practical Risk Management Plan

7. Evolve a Procurement Plan for all resource needed

9.Integrate all the above mentioned plans into an executable plan

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To put it in a nutshell…

Functional Managers aren’t equipped with these knowledge areas

A new bunch of people trained in the above mentioned Knowledge areas are required

These people are known as PROJECT MANAGERS