Hybrid Project Management (Google and PMI)

A Visual Summary of Key Concepts

Section 1: Foundations of Project Management

This section introduces the core concepts of project management. A project is a temporary effort to create a unique product or service. The project manager's key role is to balance the "Triple Constraint" of Scope, Schedule, and Cost to deliver value.

The Project Life Cycle

Every project follows a sequential path from start to finish, ensuring a structured approach to delivering results.

1. Initiating
2. Planning
3. Executing
4. Closing

Methodology Comparison

Different projects require different approaches. Waterfall is linear and best for projects with fixed requirements, while Agile is iterative and ideal for projects where requirements may evolve.

Section 2: Project Initiation

This phase is about setting the project up for success. It involves defining the project's purpose, getting formal authorization through a Project Charter, and identifying all stakeholders.

Stakeholder Analysis Matrix

This tool helps project managers prioritize stakeholder engagement based on their level of power and interest in the project. Hover over the bubbles to see the recommended strategy.

Cost-Benefit Analysis (CBA)

A CBA is a financial tool used to determine if a project is a worthwhile investment by comparing its costs to its potential benefits. A project is generally considered viable if the benefits outweigh the costs.

Metric Description
Cost All financial resources required for the project.
Benefit The tangible (e.g., revenue) and intangible (e.g., brand reputation) value created.
Outcome If Benefits > Costs, the project is likely a good investment.

Section 3: Project Planning

This is the blueprint phase. The work is broken down into manageable tasks using a Work Breakdown Structure (WBS), a schedule is created, and potential risks are identified and planned for.

Key Planning Documents

A successful project relies on several key documents that outline the schedule, budget, communication strategy, and risk mitigation plans.

Project Schedule

A timeline of all tasks, dependencies, and milestones, often visualized in a Gantt chart.

Budget Plan

Outlines all financial resources, including contingency funds for unexpected risks.

Communication Plan

Defines who needs what information, when, and how it will be delivered.

Risk Register

A log of potential risks, their impact, and the plans to mitigate them.

Section 4: Project Execution

Execution is where the plan is put into action. The project manager facilitates the team, manages stakeholders, and handles any changes or problems that arise while tracking progress.

Project Progress Tracking

This chart provides a quick visual of the project's health by comparing the planned progress to the actual work completed. In this example, the project is slightly behind schedule, which would prompt the PM to investigate.

Section 5: Agile Project Management

Agile is a flexible, iterative approach that delivers value in short cycles called Sprints. The Scrum framework is the most popular way to implement Agile, with defined roles and events to keep the project moving.

The Scrum Framework Roles

Role Responsibility
Product Owner Represents the customer and prioritizes the work.
Scrum Master Facilitates the process and removes obstacles.
Development Team The self-organizing group that delivers the product.

The Scrum Sprint Cycle

Scrum organizes work into a continuous cycle of events, each with a specific purpose, to ensure regular inspection and adaptation.

Section 6: Capstone

The final phase, Closing, is crucial for success. It involves formally completing the project, releasing resources, and capturing valuable lessons learned for future projects.

Resource Allocation vs. Time

This chart illustrates how the allocation of team resources typically changes throughout the project life cycle, peaking during the Execution phase where most of the work is done.


Project Management & Analysis on the Digital Revolution

Digital Currencies, Blockchain, and the Future of Finance.

The FinTech Revolution

Financial Technology, or FinTech, is fundamentally reshaping the global financial industry. Driven by advanced technologies like AI, blockchain, and big data, this transformation is enhancing the efficiency, accessibility, and affordability of financial services, compelling traditional institutions to adapt to a new digital reality.

(1) Securing the Future of Finance [Cryptotechnology & Digital Era Solutions]

(2) FinTech Summary [Financial Technology and Systems in the Digital Age]

(3) FinOps Summary [FinOps Concepts and Cultural]

Jira | Project Tracking Software

Jira Software includes the base software, including agile project management features (previously a separate product: Jira Agile), project management tool for agile teams to plan and track work across every team. It integrates with other tools, suggests tasks with AI, and aligns work to goals.

More detail >>>

History of Project Management, Industrial Revolution, Cyber Law & Cybersecurity Frameworks

(I) History of Project Management

(II) Industrial Revolution

(III) Cyber Law & Cybersecurity Frameworks

Navigating Infrastructure, Automation, and Project Governance

The modern enterprise is a complex web of interconnected systems, with the Enterprise Resource Planning (ERP) platform serving as its central nervous system. As these platforms evolve from monolithic on-premise installations to dynamic, cloud-based hubs, they have become prime targets for cyberattacks, making a traditional, reactive approach to security no longer viable.

(1) Enterprise Security (ERP) and DevSecOps Principles

(2) DevSecOps & ERP Security