Introduction to Project Management

Aitor Corchero Rodríguez

Data Scientist at Smart Management Systems

@aolite | aitorcorchero@gmail.com

Companies
Projects inside companies
Project vs Product
Why a project starts?

Companies

A company is about the products. It’s about working together with really fun, smart, creative people and making wonderful things

Steve Jobs

Types Of Companies

Functional

Matrix

Project-based

Type Companies Summary

Projects inside the companies

A project is a temporal effort that is carried out with the aim of creating a product, service or result unique.

PMBook

Temporal

Temporal Feature

Unique

Unique Feature

Project vs Operative Work

Project vs Operative Work (Exercise)

Exercise

Depends

Project vs Product Lifecycle

Project Lifecycle

Inside the companies, we usually have projects and products. Projects and products have different lifecycles. Project lifecycle is the process to generate this newer produtct. The project lifecycle starts with a project idea (initial idea/customer need to make a response). Based on this idea, the project is planned along the time and with their corresponding efforts. The plan is the general guide for the execution, in which the newer product is materialised. During the execution we need constantly to monitor and control the project to finalise it in the required time, with the established efforts and also with the expected quality. Once the project is finalised, the closing stage focuses on launching the newer product to the market or give them to the corresponding customer.

Once the project lifecycle ends, it startsit starts the product lifecycle.

Product Lifecycle

The product lifecycle directly depends on the sales. It begins with the introduction aimed at market outreach. Then, the product is going to gain market share and give benefits to the company (growth). The sales growth arrives when the product is established in the market (sales establishment). when this happens, the product is on the maturity. Finally the products starts to lose market due to other products gains your marketshare. This stage is called "decline". When the product starts to decline it needs a renewal to maintain it in the market. If not, the product will die.

Nowadays, this product lifecicle is terrible short (1-2 years) and it needs that companies has to be very flexible to be competitive and do not die as well. To avoid this the companies has to elaborate a great variety of products to be present in different markets and maintain their own lifecycle.

Introduction to Project Management

Aitor Corchero Rodríguez

Data Scientist at Smart Management Systems

Companies

Types Of Companies

Functional

Matrix

Project-based

Type Companies Summary

Projects inside the companies

Temporal

Temporal Feature

Unique

Unique Feature

Project vs Operative Work

Project vs Operative Work

Project vs Operative Work (Exercise)

Exercise

Depends

Project vs Product Lifecycle

Project Lifecycle

Product Lifecycle

Project vs Product Lifecycle Summary

Why a project starts?

Business Need

Technology

Clients

Legal/Governance