Slide contents

1. 1. Project Management Short Intro

   PM basics for engineers and managers inside a large fintech

2. 2. What We'll Cover

   Definitions and standards

   Project and non-project

   Different approaches to PM: PMI, IPMA, PRINCE2

   Standard project lifecycle

   Projects, programs, and portfolios

3. 3. 01. What Is a Project

   And what definitely is not one

4. 4. A Project Has an End

   Temporary endeavor, unique result

   Temporary — start and end

   Unique — product, service or result

   Creates value for specific stakeholders

   Triangle: time, cost, scope

5. 5. A Product Does Not End

   Permanent entity, user problem

   Solves a recurring user problem

   Differs from competing products

   Built for a specific target customer

   Permanent, iterative until decommissioned

6. 6. Project Delivers Scope, Product Moves KPIs

   Key differences in approach

   Project — temporary, Product — permanent

   Project — short-term team, Product — long-lived

   Project — predictive planning, Product — adaptive

   Project — scope, Product — KPIs

7. 7. Operations Repeat and Never End

   Ongoing repetitive activities

   Produce the same output repeatedly

   Must keep the business profitable

   Efficiency over performance; BPM

8. 8. Project Chases Performance, Operations Efficiency

   New vs normal work

   Project — unique, temporary

   Operations — ongoing, repeatable

   Project — PM + fixed budget

   Operations — profit + BPM

9. 9. 02. PM Standards

   Who describes project management and how

10. 10. Standards Differ in Emphasis, Not Foundation

    Different emphasis, same foundations

    PMI — PMBoK and PMP

    IPMA — competence model and Sovnet

    PRINCE2 — de-facto UK standard

11. 11. 03. Project Lifecycle

    From initiation to closure

12. 12. The Bulk of the Work Sits in Executing

13. 13. Boundaries Separate Inputs From Outputs

14. 14. 04. Projects, Programs and Portfolios

    How management scales

15. 15. Portfolio Inherits Strategy, Project Inherits Portfolio

16. 16. Without a Portfolio, Projects Compete for Resources

    To align tactics with strategy

    Portfolio — about the right business bets

    Program — about coordinating related efforts

    Project — about predictably delivering a result

17. 17. References and Materials

    Books, standards, practices

    PMI books — PMBoK

    Sovnet/IPMA — standards

    Game Plan + Project Business

    pmi.org — templates, practices

18. 18. Thank you!

    polomodov.tech

    All slides and links are in the Telegram channel

    Alexander Polomodov, Technical Director & Fellow, T-Technologies

    @book_cube