Master’s 3. Introduction to the topic In the world

 

 

 

 

 

Master’s Thesis – Exposé

 

 

 

Akshay
Krishna Tirumalai Prasanna – S0555285

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HTW
Berlin, University of Applied Sciences

 

 

First
supervisor: Prof.Dr.Thomas Rachfall

Second
supervisor: Mr. Bernhard Dietrich

 

6th
May 2017

 

 

Abstract

The projects being funded and executed
within the LSG Group fall within different categories, but a globally
standardized project management methodology has not been recognized as these
projects exhibit different life cycle models and require different project
management approaches and methods of governance. A systematic method for the
categorization of projects through the identification of some project
attributes does not exist. This thesis takes into account some of the research
done to date on this subject, discusses the need for and advantages of project
categorization system, and proposes a Categorization Model specifically for the
LSG Group based on various parameters of the projects
as well as company specific parameters such as structure, culture and industry.
At the end, for the category in which the approach defined by the Project
Management Institute Body of Knowledge (PMIBOK®) is best suited and also taking
into account the company specific parameters, recommendations are made on the
best practice for project success.

 

Keywords: project management, project
categorization, PMIBOK®

 

Contents
Abstract II
List of Figures. III
List of Abbreviations. III
1. Thesis Working Title. 1
2. Organization. 1
2.1 Author 1
2.2 Suggested First Supervisor 1
2.3 Second Supervisor 1
2.4 Proposed Thesis Start and End Dates. 1
3. Introduction to the topic. 2
4. Problem Definition. 3
4.1 Aims and Objectives of the work. 3
4.2 Scope Definition. 3
5. Research Design. 4
6. Scheduling. 4
7. Indicative table of contents. 5
8. Bibliography. 6
 

List of Figures

Figure 1: Master’s Thesis Gantt chart 4

 

List of Abbreviations

PM               Project Management

PMI              Project Management Institute

 

 

1. Thesis Working Title

“DRAFT (not reviewed by company)  

Creation
of a Project Categorization Model within the LSG Group for usage in Project
Management standardization”

2. Organization

2.1 Author

Akshay Krishna Tirumalai Prasanna

Student number: S0555285, Hochschule für
Technik und Wirtschaft Berlin

Master of Business Administration and
Engineering (Automotive Management)

Phone: +49 176 43219280; E-mail: [email protected]

2.2 Suggested First Supervisor

Professor Dr.Thomas Rachfall,
Hochschule für Technik und Wirtschaft Berlin

2.3 Second Supervisor

Mr.Bernhard Dietrich, LSG Lufthansa
Service Holding AG

2.4 Proposed Thesis Start and End Dates

Start date: June 12th 2017

End date: October 13th 2017

 

 

 

 

3. Introduction to the topic

In the world today, organizations
conduct their activities in a highly competitive global environment with an
increasing number of changes, complexities and competitors. To gain a
competitive advantage, companies are turning to project management to consistently
deliver business results.

As a global organization with a huge
number of projects actively running, the LSG Group is looking to standardize
the Project Management (PM) methodologies applied to projects within the
company so as to make it easier for best practice sharing and project success. In
order to achieve this standardization, there is the need of a systematic
Project Categorization Model with which all the various projects within the LSG
Group can be categorized and then, based on the category, a suitable standard
PM approach can be employed. At the same time, it is important to understand
what purpose is served by the categorization.

“The categorization of projects is
beneficial and useful to organizations, but it needs to be practically and not
theoretically oriented. Focus groups confirmed that there are intended and unintended
consequences of that need to be considered in development of classification
systems, such as loss of autonomy, creation of barriers and silos and effects
of visibility or invisibility due to inclusion or exclusion from a
classification system.” (Crawford et al 2002.)

Currently, due to the lack of a
systematic categorization, there are multiple projects with similar properties,
objectives and end products being governed in different approaches which
directly affect the project success and the growth of the company. This problem
is directly addressed and a solution is proposed in the scope of this Thesis.

 

4. Problem Definition

4.1 Aims and Objectives of the work

The aim of this thesis is to support
in the standardization of Project Management across the various categories of projects
within the LSG Group.

This is achieved through the creation
of a Categorization Model for projects that lie within the domain of the LSG
Group. On the basis of these categories and while also taking into account company
specific parameters such as company structure, company culture and the industry
in which the company is majorly involved in, a suitable Project Management
approach for each category is recommended for project success. 

4.2 Scope Definition

In the scope of this thesis, the
categorization model will focus on certain attributes listed below for the
projects to be categorized within LSG Group.

There are various characteristics
and attributes of projects that could be used as criteria to categorize
projects. Crawford et al (2004) has summarized the attributes with the
following list:

Application area or product

a.    
Stage of life-cycle

b.    
Grouped or single

c.     
Strategic importance

d.    
Strategic driver

e.    
Geography

f.      
Scope

g.    
Timing

h.    
Uncertainty

i.      
Risk

j.      
Complexity

k.     
Customer

l.      
Ownership

m.   
Contractual  

(DRAFT yet to finalize the attributes to be chosen!)

5. Research Design

In this Master’s thesis, the research
will commence with a review of relevant scientific literature (standard books,
scientific articles, magazines, journals) in the field of project management,
project categorization systems and project management approaches. A conceptual
framework developed through this research is followed by a qualitative approach
aimed at the various departmental levels within LSG Group, mainly through
semi-structured interviews. (Survey? Questionnaire? Participants
– Regional HQ, Regional/global functional heads, project managers, project
owners, board member?). Internal company framework & databases and
discussions with experts & analysts specialized in the field of project
management, program management and portfolio management will round off the data
collection process.

6. Scheduling

A
Gantt chart depicting the probable Thesis schedule is shown.

Figure 1:
Master’s Thesis Gantt chart

 

 

7. Indicative table of contents

The drafted structure of the Master’s
thesis which will be refined and detailed over the course of the Thesis is
shown below.

Abstract

Acknowledgements

Table
of Contents 

List
of Figures 

List
of Tables

List
of Abbreviations

1.    
Introduction

1.1.  Current situation (LSG group internal?)

1.2.  Research Questions and Objectives

1.3.  Research Methodology

1.4.  Research Limitations

2.    
Literature
Review I

2.1.  Project, Program and Portfolio
Management

2.2.  Need for Project Categorization

2.3.  Concepts for Project Categorization

3.    
Literature
Review II

3.1.  Project Management Approaches

3.2.  Company-specific Project Management
approach

4.    
Building
of the Categorization Model for LSG Group

4.1.  Data from the Lufthansa framework

4.2.  Data from Interviews &
Questionnaires

4.3.  Building of the Company-specific Categorization
Model (Data + Lit. review)

4.4.  External expert input and feedback on
Project Categorization

5.    
Recommendation
of Project Management Approach (Company-specific)

6.    
Conclusion
(Future outlook?)

7.    
References

8.    
Statement
of Authorship

Appendix
A

Appendix
B

8. Bibliography

PROJECT MANAGEMENT INSTITUTE. (2004).
A guide to the project management body of knowledge: (PMBOK® guide). Newtown
Square, Pa, Project management Institute.

Archibald, R. D. (2004) ‘A Global
System for Categorizing projects: The Need for, Recommended Approach to,
Practical Use of, and Description of a Current Project to Develop the System.’
Online. Available at: http://www.russarchibald.com/AGLOBALSYSTEM1104.pdf (Accessed on 6th May 2017)

Crawford, L., Hobbs, B., and Turner,
J.R. (2002) ‘Investigation of Potential Classification Systems for Projects’.
Proceedings of PMI Research Conference, pp. 181-190.

Crawford, L.; Hobbs, B., and Turner,
J.R. (2006) ‘Aligning Capability with Strategy: Categorizing Projects to Do the
Right Projects and to Do Them Right’. Project
Management Journal, 37 (2), pp. 38-50.