Managing Projects - Vobien Ltd
Table of contents
Task 1
1. The network diagram 3
2. The timing of activities and the total float 3
3. The project duration and the critical path 4
4. Calculation of the finish date 4
5. Delays and early completion and the effects on the duration 4 a) Activity ‘E’ is delayed 1 day 4 b) Activity ‘P’ is delayed 1 day 4 c) Activity ‘Q’ is completed 1 day earlier 5
6. Limitations of the network diagram 5
Task 2
1. Introduction 6
2. IBEK Ltd. 6
3. The Project Manager 7 Introduction 7 Organization form 8 Planning and monitoring 9 The Project life cycle 9 Work Breakdown Structure (WBS) 10 Organization Breakdown Structure (OBS) 10 Critical path analysis (CPA) 11 Cost estimation 11 Managing Risks 12 Closing the project 12 Conclusion 13
Internet sources 14 book sources 14
Task 1
1. The network diagram
My name is John Doe and I am the project manager for the Vobien Ltd. For a better overview I have produced a network diagram, which you can find in the appendix. The whole project has a duration of 50 days.
2. The timing of activities and the total float
The timing of the activities is shown in the diagram in the appendix of this work. Except ‘A’, all activities are proceeding by one or by more activities. ‘A’ is the first activity and therefore the beginning of the project.
Example:
A is followed by B – B is followed by C / D/ E – C / D / E are followed by F.
The activity-on-node diagram gives a lot of information. It shows the EST (earliest start time), the duration of each step, the EFT (earliest finish time), LST (latest start time), the total float, and the LFT (latest finish time).
To determine the total float, it is important to understand the connections between the various nodes. The duration depends on the gap between EFT and LFT.
Example:
To start with node F, we need to complete C / D and E. Node C has a duration of 7 days and a EFT of 14 days – Node D has a duration of 2 days and a EFT of
Task 1
1. The network diagram 3
2. The timing of activities and the total float 3
3. The project duration and the critical path 4
4. Calculation of the finish date 4
5. Delays and early completion and the effects on the duration 4 a) Activity ‘E’ is delayed 1 day 4 b) Activity ‘P’ is delayed 1 day 4 c) Activity ‘Q’ is completed 1 day earlier 5
6. Limitations of the network diagram 5
Task 2
1. Introduction 6
2. IBEK Ltd. 6
3. The Project Manager 7 Introduction 7 Organization form 8 Planning and monitoring 9 The Project life cycle 9 Work Breakdown Structure (WBS) 10 Organization Breakdown Structure (OBS) 10 Critical path analysis (CPA) 11 Cost estimation 11 Managing Risks 12 Closing the project 12 Conclusion 13
Internet sources 14 book sources 14
Task 1
1. The network diagram
My name is John Doe and I am the project manager for the Vobien Ltd. For a better overview I have produced a network diagram, which you can find in the appendix. The whole project has a duration of 50 days.
2. The timing of activities and the total float
The timing of the activities is shown in the diagram in the appendix of this work. Except ‘A’, all activities are proceeding by one or by more activities. ‘A’ is the first activity and therefore the beginning of the project.
Example:
A is followed by B – B is followed by C / D/ E – C / D / E are followed by F.
The activity-on-node diagram gives a lot of information. It shows the EST (earliest start time), the duration of each step, the EFT (earliest finish time), LST (latest start time), the total float, and the LFT (latest finish time).
To determine the total float, it is important to understand the connections between the various nodes. The duration depends on the gap between EFT and LFT.
Example:
To start with node F, we need to complete C / D and E. Node C has a duration of 7 days and a EFT of 14 days – Node D has a duration of 2 days and a EFT of