without influencing the start of another activities. Other project management systems. In response to the limitations of Gantt charts‚ two other scheduling control systems were developed in the 1950’s. These systems are known as Critical Path Methods (CPM) and Program Evaluation and Review Techniques
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and functional conflicts? (10) b) What would be the possible reasons for the failure of a project? Narrate along with possible remedies for these failures. (10) Q. 3 Discuss in detail with examples: (4+4+4+4+4) a) Slack time b) PERT c) Cost Account Codes d) Essentials of Material Accounting Criterion e) EVALUATION OF PROJECT MANAGEMENT SOFTWARE IN TERMS OF PERFORMANCE Q. 4 (a) Discuss the essentials of pricing strategies in context of project management. (10)
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Q1.(a) What is linear programming problem? (b) A toy company manufactures two types of dolls‚ a basic version doll-A and a deluxe version doll-B. Each doll of type B takes twice as long to produce as one of type A‚ and the company would have time to make maximum of 1000 per day. The supply of plastic is sufficient to produce 1000 dolls per day (both A & B combined). The deluxe version requires a fancy dress for which there are only 500 per day available. If the company makes a profit of Rs 3.00
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What is a linear programming problem? Discuss the scope and role of linear programming in solving management problems. Discuss and describe the role of linear programming in managerial decision-making bringing out limitations‚ if any. 2. Explain the concept and computational steps of the simplex method for solving linear programming problems. How would you identify whether an optimal solution to a problem obtained using simplex algorithm is unique or not? a) What is the difference between a
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projects To meet a rigid end date 9 Simple Scheduling - Gantt Chart 10 Simple Scheduling - Gantt Chart 11 Simple Scheduling - Gantt Chart 12 The Scheduling Process The basis approach of scheduling techniques (e.g. PERT and CPM) is to construct a network of activity/work element relationships. This network graphically shows the sequence‚ and interdependencies between activities in a project. Two major steps in solving the
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Obtaining informed consent is important because program planners want to ensure the safety of participants. The participants need to understand what the program is all about before they agreed to participate. If informed consent is not obtained then program planners could be easily sued. If they are negligent‚ they can be found liable. Although obtaining informed consent does not protect program planners from being sued‚ but it does make potential participants aware of or concerns. This form of
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will do this project. l will follow the Frank’s Fine Floats example. My crew have a new bridge to build and l will use PERT/CPM to help me manage the project. PERT is program evaluation and review technique and developed to handle uncertain activity times. CMP is critical path method and developed for industrial projects for which activity times generally were known. PERT/CPM help me answer questions such as: what is the total time to complete the project? what are the scheduled start and
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2 5 8 5000 3 6500 G 2 3 4 6000 2 6000 H 2 3 5 4000 2 4000 I 2 3 5 4000 2 5000 J 2 4 6 4000 2 6400 K 2 2 2 5000 2 5000 EXECUTIVE SUMMARY The above question introduces the critical path method (CPM) and the
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depiction helps the team understand the relationships of tasks in a project. Two of the most common charts used in project management are the Gantt and PERT charts. The purpose of these charts is to assist with project scheduling and illustrate task dependencies. Another tool that can be used is the critical path method (CPM). 1.Research and define PERT‚ CPM‚ and Gantt relative to project planning‚ scheduling‚ and control. 2.Respond to the following: ◦What are the advantages and disadvantages of each
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purpose did the Gantt chart serve for the project team? The Gantt charts used as a scheduling technique work. this chart uses layers of timelines indicating activities duration and dates. in their progress reports 6. Per the video‚ why are PERT and CPM important? How are they
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