not easy to understand if they have critical paths‚ dummy activities‚ nodes and crashing. Usually‚ many project planners tend to avoid them. The objectives of the project management are to allocate timing to the activities that are critical and not critical‚ to maximize the use of the resources and find ways to reduce the total project time. Two type of planning method is use to plan a project which is Activity on Arrow (AOA) and Activity on Node (AON). 2.Method of Project Management Planning-Activity
Premium Project management Critical path method Program Evaluation and Review Technique
PROGRAM EVALUATION AND REVIEW TECHNIQUE (PERT) Program Evaluation and Review Technique (PERT) is a scheduling method originally designed to plan a manufacturing project by employing a network of interrelated activities‚ coordinating optimum cost and time criteria. PERT emphasizes the relationship between the time each activity takes‚ the costs associated with each phase‚ and the resulting time and cost for the anticipated completion of the entire project. PERT is an integrated project management
Premium Project management Critical path method
Project Management • • • • • Introduction to project management Critical path method (CPM) Crashing Uncertain activity durations Reading: Page 760 – 794 Project • Project: – A special type of process / transformation – A series of related jobs directed toward some major output – Require time and resources – Examples • MS Windows 2000‚ Fund raising‚ Preparation for a private party‚ Building a new airport… The Campus Wedding Reserve Church (1) Church Notice (17) 1 Decorate Church
Premium Project management Critical path method
shortening project schedules? In some situations project manager will have to get the project schedule shortened. One method for accomplishing this is by shortening the durations of the activities in the critical path. This can be done by allocating more resources to perform the activities or by making changes in the scope. Project Crashing and Fast Tracking are two methods useful for shortening the project schedule. Crashing is a technique for schedule compression. It makes a trade-offs
Premium Cost Project management Task
1. Provide the definitions of critical path and critical chain. How do they differ? Critical path and critical chain are both schedule network analysis techniques. Critical path is the one that determines the shortest time to complete a project‚ which assumes low uncertainty and does not consider resource dependencies. Critical chain is a modified or refined technique about critical path; it involves the deterministic and probabilistic approaches to analyze the project schedule‚ which is
Premium Project management Management Critical path method
Project Management Dr. James A. Bednar jbednar@inf.ed.ac.uk http://homepages.inf.ed.ac.uk/jbednar SAPM Spring 2006: Project Management 1 Project Management A project is ‘a temporary endeavour to produce a unique product‚ service‚ or result’ (PMI 2004). Project management (PM) techniques were originally developed for waterfall-type projects like building construction. PM focuses on planning‚ scheduling‚ monitoring‚ and controlling the complex interdependencies among subtasks. PM
Premium Project management Critical path method
12. Critical Path: "The Critical path is the longest duration path through the project. The significance of the critical path is that the activities that lie on it cannot be delayed without delaying the project. Because of its impact on the entire project‚ critical path analysis is an important aspect of project planning." The next phase of the project cannot be started or completed until the tracking of last task has been completed. This allows for the controlled tasks to be monitored for each
Premium Project management Critical path method Project planning
Operational Management Part one 1. Building a New Classroom block The school board decide from past experience that the funds in the school coffers would be enough to cover the cost. Once that has been ascertained‚ the building site is identified. Architects design a plan for the new classroom block and send it to the county council for approval. Whwn approaval is received the school obtains a quoutation from the school approved contractor. Te contractor suggests a fix and supply contract
Premium Critical path method Project management
project. It is basically a method to analyze the tasks involved in completing a given project‚ especially the time needed to complete each task‚ and to identify the minimum time needed to complete the total project. PERT planning involves the following steps: Identify the specific activities and milestones. Determine the proper sequence of the activities. Construct a network diagram. Estimate the time required for each activity. Determine the critical path. Update the PERT chart as
Premium Project management Critical path method
today’s project driven world and importance of system’s approach in planning processes required to achieve time‚ cost and quality targets of any project. Keywords: Planning‚ Scheduling‚ Activity Network Diagram‚ Gantt Charts‚ Cycle Time‚ Critical Path Method (CPM)‚ Program Evaluation and Review Technique (PERT) 1. THE INTRODUCTION and as the need is identified by
Premium Project management Critical path method Gantt chart