Critical Path Procedure 1. Develop a list of the activities that make up the project. 2. Determine the immediate predecessor(s) for each activity in the project. 3. Estimate the completion time for each activity. For example: Activity Immediate Predecessor Time A - 3 B - 1 C - 2 D A‚ B‚ C 4 E C‚ D 5 F A 3 G D‚ F 6 H
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Assignment Group Electronic 20% End-of semester exam Individual Hardcopy 70% FNCE90060 Financial Management Assessment Task Assignment 1 (group of 2 max) Assignment assignment) 2 (group Due Lecture time of week beginning 25 March Lecture time of week beginning 13 May Week 7 – Friday 19 April from 3.30-4.30pm in Wilson Hall exam Assessment period Weighting 10% 10% Mid-semester exam 30% End-of-semester (2-hour) 50% MGMT90031 Project Management Meredith‚ J.R.‚ & Mantel
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above The critical path of the project is: Activity 1 Activity 2 Activity 5 Activity 7 Activity 10 Activity 13 Activity 15 As audit of liquid assets (activity 4) is not on the critical path‚ it is not a critical activity. This slack job has a slack time of 178 hours for which slack time= late start time – early start time (231-53) = late finish time – early finish time (266-88). The project duration will not be affected even if David takes his one week vacation as the slack time is as long
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Construction Engineering and Management‚ National Central University‚ No. 300‚ Jhongda Rd.‚ Jhongli City‚ Taoyuan County 32001‚ Taiwan b R&D Center for Construction Project Management‚ Chung Hua University‚ No.707‚ Sec.2‚ WuFu Rd.‚ Hsinchu‚ 300 Taiwan Received 7 February 2010; received in revised form 12 June 2011; accepted 16 June 2011 Abstract Assessing schedule delay ’s impact on total project duration to distribute delay liability remains a controversy. None of existing delay analysis methods is perfect
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Critical Path Analysis (CPA) Critical Path Analysis: A project-management technique that lays out all the activities needed to complete a task‚ the time it will take to complete each activity and the relationships between the activities. Sets out all the individual activities that make up a larger project. Shows the order in which activities have to be undertaken. Shows which activities can only take place once other activities have been completed. Shows which activities can be undertaken
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CPM - Critical Path Method In 1957‚ DuPont developed a project management method designed to address the challenge of shutting down chemical plants for maintenance and then restarting the plants once the maintenance had been completed. Given the complexity of the process‚ they developed the Critical Path Method (CPM) for managing such projects. CPM provides the following benefits: Provides a graphical view of the project. Predicts the time required to complete the project. Shows which
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1.1 Two functional areas of Ritz-Carlton and evaluation of their interrelationship between the different processes and functions Structure of Ritz Carlton The Ritz-Carlton is an international luxury company. It is a complex system within 80 properties worldwide and using 17 languages. To take most advantages in coordination‚ communication and focus on the tasks‚ Ritz-Carlton applies geographic structure in their business. Figure 1: Ritz-Carlton’s geographic structure It is easy to manage and
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Critical Path Analysis – Revision Guide CPA is a project analysis and planning technique that identifies the individual tasks of a project‚ places them in the correct sequence and allows for identification of the critical path In order to construct a CPA‚ you need: 1. List of all the activities required to complete the project 2. The time (duration) that each activity will take to completion 3. The dependencies between the activities (e.g.: activity D cannot be completed until activity
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Critical Path Analysis INTRODUCTION: Planning‚ Scheduling and Controlling are three important functions of management. Planning involves the formulation of objectives and goals that are subsequently translated into Specific plans and projects. Scheduling is concerned about the implementation of activities necessary to achieve the laid down plans. The function of control is to institute a mechanism that can trigger a warning signal if actual performance is deviating (in terms
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Lab 5 Deploying a Captured Image Exercise 5.1 Using DISM.exe Overview In Exercise 5.1‚ you use the DISM.exe utility supplied with Windows 7 AIK to mount and modify an image file. Completion time 15 minutes 6. Take a screen shot of the Command Prompt window displaying the completed DISM.exe command by pressing Alt+Prt Scr and then paste it into your Lab05_worksheet file in the page provided by pressing Ctrl+V. Question 1 What is the current status of the Solitaire feature
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