When Resources Are Not Constrained i. Adding Resources ii. Outsourcing Project Work iii. Scheduling Overtime iv. Establish a Core Project Team v. Do It Twice—Fast and Correctly B. Options When Resources Are Constrained i. Fast-Tracking ii. Critical-Chain iii. Reducing Project Scope iv. Compromise Quality 3. Project Cost-Duration Graph 4. Constructing a Project Cost-Duration Graph A. Determining the Activities to Shorten B. A Simplified Example 5. Practical Considerations A. Using the
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Chapter 2 Homework Problem Solutions Chapter 2 Project Management Study Objectives: construct a network diagram for a project determine critical path and expected completion time of a project with deterministic task times (note: some of us also do calculations for probabilistic times‚ but not required) calculate slack times for a particular task know how to “crash” a project down to a certain completion time at the lowest cost (note: just the concept of crashing needs to be discussed and not the
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a project deadline of 10 days at minimum cost? [3 points] The diagram shows two paths: ABE and CDE. Based on normal duration estimates‚ ABE will take 12 days to complete and CDE will take 11 days. Therefore the earliest the project can be completed (on critical path ABE) is 12 days. The total project cost based on normal time is: $300 + $250 + $400 + $200 + $300 = $1450 Activity on the critical path that can be accelerated at the lowest cost per day is Activity B @ $50. If Activity
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12 Mar 13 MRP Notes What is MRP Material Requirements Planning (MRP) is a software-based (production) planning and inventory control system used to manage manufacturing processes. MRP is a technique that uses the bill of material‚ inventory data and a master schedule to calculate requirements for material. MRP time phases material requirements based on setbacks defined by a combination of the bill of material structure and assembly lead times. The result of an MRP plan is a material
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advantages and disadvantages of 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
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9 Project Scheduling: Networks‚ Duration Estimation‚ and Critical Path True/False 1) Preceding activities are those that must occur before others can be done. T 2) A backward pass is performed when it is necessary to undo some work that has been performed in order to complete it properly. F Multiple Choice 1) The least amount of float is found: A) in a resource-limited schedule. B) after a burst activity. C) on the critical path. D) after a merge activity. 2) An activity has an optimistic
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sensitivity of the network is increased. The slacks are reduced which lead to a loss of flexibility. The probability of activities delaying the project is increased because the reduction of slack creates more critical activities and critical paths. As in the Gantt chart 3.1‚ there are more critical activities (marked on red). 4. Assume the project is resource constrained and resolve any over allocation problems by leveling outside of slack. What happens? What are the managerial implications? Resource
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sail boat‚ and train a crew to compete in the upcoming Whitbread race. This paper will examine Ericksen’s project strategy‚ which initially start off with two parallel paths: one for the boat design and the other for crew training. As the project is laid out and the cost accounted‚ Bjorn and his team analyze the critical path of the project and determine ways to meet the time constraint on the project. Taking advantage of crash time‚ Ericksen’s team develops resources to get the project complete
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1. 1 PROJECT OVERVIEW The proposed software project was derived from the difficulties being faced by the patients while going for the check-up and tests to the hospital or medical centers despite of their medical conditions. To make their life easier‚ they can check their updated medical status and billing accounts through the internet. Departments will also update the status of each patient’s. 1.1 Purpose‚ Scope and Objectives 1.2.1 Purpose This project allows doctor
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Student number: 129057794 Submit Date: 7th January 2013 Contents Pages 1 The network diagram 2 2 The timing of activities and the total flat. 2 3 The project duration and the critical path. 2 4 The Duration of Project 2 5 Activity B‚ P and O delay reasons 3 6 The limitations of Network diagrams. 3 7 Reference 4 8 Appendix 1.0 5 1. The network diagram ‘A network diagram is originally a flow chart that includes all of
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