Developing a Project
Seminar 1
SMART criterion, developing project idea and name
Project Management

Content
1.PART (5-10 min.)
•Introduction to your project and answering any questions
•2. PART (55 min.)
•Working together – Project should be SMART (20mins)
•Task 1 - Develop a project “My Schedule Today“ (30mins)
•Create a groups of up to 3 people for working on the project (5mins)
3. PART (30 min.)
•Task 2. Choose a project topic and name (what is appropriate to use as a project - feedback from
the tutor) write down ideas, students choose 3 topics and then determine the "+" and "-" of the
ideas (advantages and disadvantages, whether to implement as a project) (25mins)
•Vevox quiz (5mins)
•There will be feedback as needed during the time of the groups working on each section of their
project and according to the needs of each group/students)
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Introduction
Seminar paper (assignment)
•You need to complete an assignment (seminar paper) for max. of 30 points (30% of final grade).
•The due date is 15.12.2024 (midnight).
•Upload (doc/pdf file) to Information System (homework vaults-will specify it later on)
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•You need to present your assignment (seminar paper) during the last lecture on 18.12.2024.
•It will be a 10-15 minutes presentation in class.
•Max. of 5 points (5% of final grade)

Learning and practice objectives
On the end of this seminar you should be able to:
• choose an idea suitable for your project
• define your project to be SMART
• identify each phase of your project and their products
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What is a project management
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Project management is the planning, organizing, directing, and controlling of company resources for
a relatively short-term objective that has been established to complete specific goals and
objectives.

What is a project?
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PROJECT
Conforming to specific requirements including costs and resources
Time-bound
Specific objective
Unique product, service, or result


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•      Project proposal
ØProject exist as a problem or an idea.
ØWe investigate the current state of the problem and set the aim or desired result of the project
•Example:
•1. Looking for an accommodation for a family;
•2. Improve chances of refugees to find a job;
•3. Help microbusinesses to find new channels to distribute and sell their products and services
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•Example:
•1. Build a house/buy and refurbish an apartment;
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•2. Start training courses for refugees;
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•3. Establish regular marketplaces in town or online marketplaces
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•Desired results of the project
•or aim of project
What is a project?

Working together - Project should be SMART
•We will define what does SMART mean and working together on examples.
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Project should be SMART
S   Specific – You want to build a house / buy and refurbish an apartment in certain locality
M  Measurable – How many training courses do you need to set up and for how many people?
A   Attainable – Marketplace example – the size of the place/rent; website – set up, maintenance,
costs
R  Realistic – Refugee example – qualification needed on the job market / are they able to learn
such quailifications?
T  Timebound – When we need to reach our goal – we need to move to our new home within one year.
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Examples:
1. Looking for an accommodation for a family;
2. Improve chances of refugees to find a job;
3. Help microbusinesses to find new channels to distribute and sell their products and services

Project triangle
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PROJECT
Conforming to specific requirements including costs and resources
Specific objective
Unique product, service, or result
Time-bound

Task 1 – Individual work
Develop a project “My Schedule Today":
•Set a goal (quantifiable-SMART)
•Time schedule of a day, logic of compiling a sequence of activities (time + activities)
•Assign resources to activities (personnel, costs - quantified in a currency)
•Identify project risks
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Recommendation:
•Limited time - 1 day: start 00:01 - end 24:00
•All activities are focused on achieving your goal (result / benefit that can be verified)
•Costs of all resources (morning breakfast, travelling, activities, shopping, etc.), hidden costs -
energy consumption, housing, services, etc.)
•Summarize the main findings and the overall budget of the project
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https://edit.org

Choose the name of your project (for your seminar paper)
• 10 minutes to write down ideas
• Select 3 options
• Determine the “pros" and “cons" of the selected options (advantages and disadvantages, whether is
it feasible to implement it as a project)
• Choose the final idea
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Task 2 – Individual work

https://edit.org

Questions…
Any problems with the idea for your project?
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Vevox questions