Week 2 Hand-in Assignment Module 2
Week 2 Hand-in Assignment
In this project Clean Insure Solutions Company, is providing software solutions for insurance brokers in Europe. This will be a new product, an enhanced version of the company’s Broker EN-Sure product. This new product release will increase Clean Insure Solutions market share in Europe. Time to market is also a critical factor in meeting the business expectations. As a result, this project has a very high visibility with senior management and it is very important to be completed on time for the benefit of Clean Insure Solutions Company. (https://elearning.uol.ohecampus.com/bin/common/course.pl?course_id=_1404736_1 ) (Accessed on 16-Dec-2012) in order to achieve a successful a quality product release below needs to be followed:-
1- A proposed schedule network diagram was done with an expected duration of 18 days in order to complete this project on time the activities on the critical path (B, C, E, H and I) needs to be monitored closely According to Sanghera " Each activity on a critical path has zero float time and therefore poses a schedule risk. So, you must monitor the activities on all critical paths very closely during the execution of the project" ” (PMP 2010 p.131)
Critical path method allows the project manager to concentrate on making best scheduling decision. Thus if the project manager find a way to reduce the critical path of this project, the overall project will save time.
Finally by using CPM Project manager can control the project by comparing the actual performance with the planed performance and he should know whether or not the project on schedule or not. Thus if any delay on any of the activities B, C, E, H or I he will need to expedite it by any means possible adding more resources or working two shifts in order to complete project on time.
Activity | Activity Description | Duration | ES | EF | LS | LF | TF | A | Creating requirement understanding document based on customer inputs | 3 | 0 | 3 | 1 |
In this project Clean Insure Solutions Company, is providing software solutions for insurance brokers in Europe. This will be a new product, an enhanced version of the company’s Broker EN-Sure product. This new product release will increase Clean Insure Solutions market share in Europe. Time to market is also a critical factor in meeting the business expectations. As a result, this project has a very high visibility with senior management and it is very important to be completed on time for the benefit of Clean Insure Solutions Company. (https://elearning.uol.ohecampus.com/bin/common/course.pl?course_id=_1404736_1 ) (Accessed on 16-Dec-2012) in order to achieve a successful a quality product release below needs to be followed:-
1- A proposed schedule network diagram was done with an expected duration of 18 days in order to complete this project on time the activities on the critical path (B, C, E, H and I) needs to be monitored closely According to Sanghera " Each activity on a critical path has zero float time and therefore poses a schedule risk. So, you must monitor the activities on all critical paths very closely during the execution of the project" ” (PMP 2010 p.131)
Critical path method allows the project manager to concentrate on making best scheduling decision. Thus if the project manager find a way to reduce the critical path of this project, the overall project will save time.
Finally by using CPM Project manager can control the project by comparing the actual performance with the planed performance and he should know whether or not the project on schedule or not. Thus if any delay on any of the activities B, C, E, H or I he will need to expedite it by any means possible adding more resources or working two shifts in order to complete project on time.
Activity | Activity Description | Duration | ES | EF | LS | LF | TF | A | Creating requirement understanding document based on customer inputs | 3 | 0 | 3 | 1 |
References: 1. PMP in Depth: Project Management Professional Study Guide for the PMP Exam, 2nd edition Paul Sanghera 2010 published by Course Technology Press 2. https://elearning.uol.ohecampus.com/bin/common/course.pl?course_id=_1404736_1