The Critical Path Method

Size: px
Start display at page:

Download "The Critical Path Method"

Transcription

1 The Critical Path Method Presented by Antonio Prensa, MBA, PMP, CCP, CSTE for Project Management Institute Puerto Rico Chapter June 2, 22 San Juan, Puerto Rico

2 "I believe that this nation should commit itself to achieving a goal, before this decade is out, of landing a man on the moon..." - John F. Kennedy, May 27,1961

3 On July 2, 1969, just eight years after Kennedy's speech, Apollo 11 landed two men on the moon. This achievement was possible only with careful production planning that included the critical path method. NASA used the critical path method to help determine an efficient schedule for the tasks that led to the moon landing.

4 Discussion Topics Background Some questions about the project What is the Critical Path Method (CPM)? Why the CPM? How to use the CPM? Questions and Answers

5 Background The critical path method (CPM) was invented by project managers in the early 195's. The US Navy adapted and improved it to manage the Polaris missile project in the late 195's

6 Some questions about the project How long will the entire project take to complete? Which activities determine total project time? Which activity times should be shortened, if possible, or in other words, how many resources should be allocated to each activity?

7 What is the CPM? Critical Path Method (CPM), is a procedure for using network analysis to identify those tasks which are on the critical path: ie where any delay in the completion of these tasks will lengthen the project timescale, unless action is taken. For all tasks off the critical path, a degree of tolerance is possible (eg. late start, late completion, early start, etc.). Network charts and CPM analysis used to be carried out by hand. Software is now available which requires the user only to enter the tasks, duration of each task and dependencies upon other tasks; a network chart and CPM is then automatically created.

8 Why the CPM? The CPM formally identifies tasks which must be completed on time for the whole project to be completed on time Identifies which tasks can be delayed for a while if resource needs to be reallocated to catch up on missed tasks It helps you to identify the minimum length of time needed to complete a project The CPM determines both the early start and the late start date for each activity in the schedule.

9 How to use the CPM? Project Network Diagram Any schematic display of the logical relationships of project activities

10 How to use the CPM? List List the the activities And And relationships Create Create a start start node node Draw Draw arrows arrows from from Start Start node node to to the the First First activity s node node Sequentially Arrange all all Activities from from Start Start Repeat Repeat process process from from successors for for all all activities Double Double check check for for missed missed relationships

11 How to use the CPM? Early Start (ES) Early Finish (EF) Task duration Late Start (LS) Late Finish (LF)

12 How to use the CPM? Task ID Duration Dependency A 7 B 3 C 6 A D 3 B E 3 D,F F 2 B G 3 C H 2 E,G

13 How to use the CPM? S A C G (7) (6) (3) H (2) F B D (3) (3) 6 9 E (3) 3 5 F (2)

14 How to use the CPM? S A C G (7) 7 7 (6) (3) H (2) 18 F 7 B D (3) 1 1 (3) E (3) F (2) 13

15 How to use the CPM? S 7 A B C D F G (7) 7 7 (6) (3) (3) 1 1 (3) (2) E (3) H (2) 18 F

16 Summary Critical Path Analysis is an effective and powerful method of assessing: Tasks which must be carried out Where parallel activity can be carried out The shortest time in which a project can be completed Resources needed to achieve a project The sequence of activities, scheduling, and timings involved Task priorities

17 Do you need more information? Project Management:A systems approach to Planning, Scheduling, and Controlling Harold Kerzner, Six edition. Project Management: A Managerial Approach Jack R. Meredith, Samuel J. Mantel, Fourth Edition. Web Search Engine key word: The Critical Path Method or The CPM.

18 Contact me at: Antonio Prensa / Phone: (787) ext. 3725

19 The Critical Path Method Presented by Antonio Prensa, MBA, PMP, CCP, CSTE for Project Management Institute Puerto Rico Chapter June 2, 22 San Juan, Puerto Rico

A convenient analytical and visual technique of PERT and CPM prove extremely valuable in assisting the managers in managing the projects.

A convenient analytical and visual technique of PERT and CPM prove extremely valuable in assisting the managers in managing the projects. Introduction Any project involves planning, scheduling and controlling a number of interrelated activities with use of limited resources, namely, men, machines, materials, money and time. The projects

More information

CHAPTER 9: PROJECT MANAGEMENT

CHAPTER 9: PROJECT MANAGEMENT CHAPTER 9: PROJECT MANAGEMENT The aim is to coordinate and plan a single job consisting lots of tasks between which precedence relationships exist Project planning Most popular planning tools are utilized

More information

CISC 322 Software Architecture

CISC 322 Software Architecture CISC 22 Software Architecture Project Scheduling (PERT/CPM) Ahmed E. Hassan (Edited For Course Presentation, 206) Project A project is a temporary endeavour undertaken to create a "unique" product or service

More information

Project Planning. Identifying the Work to Be Done. Gantt Chart. A Gantt Chart. Given: Activity Sequencing Network Diagrams

Project Planning. Identifying the Work to Be Done. Gantt Chart. A Gantt Chart. Given: Activity Sequencing Network Diagrams Project Planning Identifying the Work to Be Done Activity Sequencing Network Diagrams Given: Statement of work written description of goals work & time frame of project Work Breakdown Structure Be able

More information

Project Management. Chapter 2. Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall

Project Management. Chapter 2. Copyright 2013 Pearson Education, Inc. publishing as Prentice Hall Project Management Chapter 2 02-0 1 What is a Project? Project An interrelated set of activities with a definite starting and ending point, which results in a unique outcome for a specific allocation of

More information

SCHEDULE CREATION AND ANALYSIS. 1 Powered by POeT Solvers Limited

SCHEDULE CREATION AND ANALYSIS. 1   Powered by POeT Solvers Limited SCHEDULE CREATION AND ANALYSIS 1 www.pmtutor.org Powered by POeT Solvers Limited While building the project schedule, we need to consider all risk factors, assumptions and constraints imposed on the project

More information

UNIT-II Project Organization and Scheduling Project Element

UNIT-II Project Organization and Scheduling Project Element UNIT-II Project Organization and Scheduling Project Element Five Key Elements are Unique. Projects are unique, one-of-a-kind, never been done before. Start and Stop Date. Projects must have a definite

More information

Program Evaluation and Review Techniques (PERT) Critical Path Method (CPM):

Program Evaluation and Review Techniques (PERT) Critical Path Method (CPM): Program Evaluation and Review Techniques (PERT) Critical Path Method (CPM): A Rough Guide by Andrew Scouller PROJECT MANAGEMENT Project Managers can use project management software to keep track of the

More information

Project Management -- Developing the Project Plan

Project Management -- Developing the Project Plan Project Management -- Developing the Project Plan Dr. Tai-Yue Wang Department of Industrial and Information Management National Cheng Kung University Tainan, TAIWAN, ROC 1 Where We Are Now 6 2 Developing

More information

International Journal of Advanced Engineering and Management Research Vol. 2 Issue 4, ISSN:

International Journal of Advanced Engineering and Management Research Vol. 2 Issue 4, ISSN: International Journal of Advanced Engineering and Management Research Vol. 2 Issue 4, 2017 http://ijaemr.com/ ISSN: 2456-3676 CPM AND PERT COMPARISON ANALYSIS IN PROJECT PLANNING ABSTRACT Talatu Muhammad

More information

Project Planning. Jesper Larsen. Department of Management Engineering Technical University of Denmark

Project Planning. Jesper Larsen. Department of Management Engineering Technical University of Denmark Project Planning jesla@man.dtu.dk Department of Management Engineering Technical University of Denmark 1 Project Management Project Management is a set of techniques that helps management manage large-scale

More information

Research Methods Outline

Research Methods Outline : Project Management James Gain jgain@cs.uct.ac.za Outline Introduction [] Project Management [] Experimental Computer Science [] Role of Mathematics [1] Designing User Experiments [] Qualitative Research

More information

Programme Evaluation and Review Techniques (PERT) And Critical Path Method (CPM) By K.K. Bandyopadhyay. August 2001

Programme Evaluation and Review Techniques (PERT) And Critical Path Method (CPM) By K.K. Bandyopadhyay. August 2001 Programme Evaluation and Review Techniques (PERT) And Critical Path Method (CPM) By K.K. Bandyopadhyay August 2001 Participatory Research In Asia Introduction Programme Evaluation and Review Technique

More information

PROJECT MANAGEMENT CPM & PERT TECHNIQUES

PROJECT MANAGEMENT CPM & PERT TECHNIQUES PROJECT MANAGEMENT CPM & PERT TECHNIQUES FLOW OF PRESENTATION INTRODUCTION NETWORK PLANNING ESTIMATING TIME CPM PERT Project Management Project A project is an interrelated set of activities that has a

More information

After complete studying this chapter, You should be able to

After complete studying this chapter, You should be able to Chapter 10 Project Management Ch10: What Is Project Management? After complete studying this chapter, You should be able to Define key terms like Project, Project Management, Discuss the main characteristics

More information

Project Management Professional (PMP) Exam Prep Course 06 - Project Time Management

Project Management Professional (PMP) Exam Prep Course 06 - Project Time Management Project Management Professional (PMP) Exam Prep Course 06 - Project Time Management Slide 1 Looking Glass Development, LLC (303) 663-5402 / (888) 338-7447 4610 S. Ulster St. #150 Denver, CO 80237 information@lookingglassdev.com

More information

IE 102 Spring Project Management

IE 102 Spring Project Management IE 102 Spring 2018 Project Management 1 Management of Projects Planning - goal setting, defining the project, team organization Scheduling - relates people, money, and supplies to specific activities and

More information

6/7/2018. Overview PERT / CPM PERT/CPM. Project Scheduling PERT/CPM PERT/CPM

6/7/2018. Overview PERT / CPM PERT/CPM. Project Scheduling PERT/CPM PERT/CPM /7/018 PERT / CPM BSAD 0 Dave Novak Summer 018 Overview Introduce PERT/CPM Discuss what a critical path is Discuss critical path algorithm Example Source: Anderson et al., 01 Quantitative Methods for Business

More information

Textbook: pp Chapter 11: Project Management

Textbook: pp Chapter 11: Project Management 1 Textbook: pp. 405-444 Chapter 11: Project Management 2 Learning Objectives After completing this chapter, students will be able to: Understand how to plan, monitor, and control projects with the use

More information

Project Management Chapter 13

Project Management Chapter 13 Lecture 12 Project Management Chapter 13 Introduction n Managing large-scale, complicated projects effectively is a difficult problem and the stakes are high. n The first step in planning and scheduling

More information

11/1/2018. Overview PERT / CPM. Network representation. Network representation. Project Scheduling. What is a path?

11/1/2018. Overview PERT / CPM. Network representation. Network representation. Project Scheduling. What is a path? PERT / CPM BSD Dave Novak Fall Overview Introduce Discuss what a critical path is Discuss critical path algorithm Example Source: nderson et al., 1 Quantitative Methods for Business 1 th edition some slides

More information

Teori Pengambilan Keputusan. Week 12 Project Management

Teori Pengambilan Keputusan. Week 12 Project Management Teori Pengambilan Keputusan Week 1 Project Management Project Management Program Evaluation and Review Technique (PERT) Critical Path Method (CPM) PERT and CPM Network techniques Developed in 195 s CPM

More information

Appendix A Decision Support Analysis

Appendix A Decision Support Analysis Field Manual 100-11 Appendix A Decision Support Analysis Section I: Introduction structure development, and facilities. Modern quantitative methods can greatly facilitate this Complex decisions associated

More information

WHY ARE PROJECTS ALWAYS LATE?

WHY ARE PROJECTS ALWAYS LATE? WHY ARE PROJECTS ALWAYS LATE? (what can the Project Manager DO about that?) Craig Henderson, MBA, PMP ARVEST Bank Operations Introduction PM Basics FIO GID KISS (Figure it out) (Get it done) (Keep it simple,

More information

A Comparison Between the Non-Mixed and Mixed Convention in CPM Scheduling. By Gunnar Lucko 1

A Comparison Between the Non-Mixed and Mixed Convention in CPM Scheduling. By Gunnar Lucko 1 A Comparison Between the Non-Mixed and Mixed Convention in CPM Scheduling By Gunnar Lucko 1 1 Assistant Professor, Department of Civil Engineering, The Catholic University of America, Washington, DC 20064,

More information

INSE 6230: Assignment 1 - Winter (0% of final grade) 1. The table below provides information about a short IT project.

INSE 6230: Assignment 1 - Winter (0% of final grade) 1. The table below provides information about a short IT project. INSE 6230: Assignment - Winter 208 (0% of final grade). The table below provides information about a short IT project. Activity Predecessors Duration (Months) A - 2 B - 3 C A 4 D A, B 2 E D 2 F B, C, E

More information

PROJECT MANAGEMENT COURSE 5: PROJECT TIME MANAGEMENT. G.N. Sandhy Widyasthana

PROJECT MANAGEMENT COURSE 5: PROJECT TIME MANAGEMENT. G.N. Sandhy Widyasthana PROJECT MANAGEMENT COURSE 5: PROJECT TIME MANAGEMENT G.N. Sandhy Widyasthana widyasthana@gmail.com 022 70702020 081 225 702020 1 2 3 Process of identifying the specific actions to be performed to produce

More information

MODULE: INTRODUCTION TO PROJECT MANAGEMENT / PROJECT MANAGEMENT

MODULE: INTRODUCTION TO PROJECT MANAGEMENT / PROJECT MANAGEMENT Programme BA (Hons) Fashion and Textiles (Top-Up) BA (Hons) Graphic Design with Animation (Top-Up) BA (Hons) Interior Design Cohort FDI- BFT(TP)/14B/PT FDI- BGDA(TP)/14B/PT FDI-BAID/13B/FT Examinations

More information

Construction Management

Construction Management Construction Management 1. Which one of the following represents an activity A. excavation for foundation B. curing of concrete C. setting of question paper D. preparation of breakfast 2. Pick up the incorrect

More information

Introduction. Introduction. Six Steps of PERT/CPM. Six Steps of PERT/CPM LEARNING OBJECTIVES

Introduction. Introduction. Six Steps of PERT/CPM. Six Steps of PERT/CPM LEARNING OBJECTIVES Valua%on and pricing (November 5, 2013) LEARNING OBJECTIVES Lecture 12 Project Management Olivier J. de Jong, LL.M., MM., MBA, CFD, CFFA, AA www.olivierdejong.com 1. Understand how to plan, monitor, and

More information

Project Management Fundamentals

Project Management Fundamentals Project Management Fundamentals Course No: B04-003 Credit: 4 PDH Najib Gerges, Ph.D., P.E. Continuing Education and Development, Inc. 9 Greyridge Farm Court Stony Point, NY 10980 P: (877) 322-5800 F: (877)

More information

MnDOT use of Calendars in Primavera P6

MnDOT use of Calendars in Primavera P6 MnDOT Project Management Office Presents: MnDOT use of Calendars in Primavera P6 Presenter: Jonathan McNatty, PSP Senior Schedule Consultant DRMcNatty & Associates, Inc. Housekeeping Items Lines will be

More information

CHAPTER 5 SCHEDULING AND TRACKING WORK IN CONSTRUCTION PROJECT MANAGEMENT. UWB10202 Effective Communication by Norazmi Danuri

CHAPTER 5 SCHEDULING AND TRACKING WORK IN CONSTRUCTION PROJECT MANAGEMENT. UWB10202 Effective Communication by Norazmi Danuri CHAPTER SCHEDULING AND TRACKING WORK IN CONSTRUCTION PROJECT MANAGEMENT UWB10202 Effective Communication by Norazmi Danuri (norazmi@uthm.edu.my) Introduction Planning & Scheduling Principles Techniques

More information

1 of 14 4/27/2009 7:45 AM

1 of 14 4/27/2009 7:45 AM 1 of 14 4/27/2009 7:45 AM Chapter 7 - Network Models in Project Management INTRODUCTION Most realistic projects that organizations like Microsoft, General Motors, or the U.S. Defense Department undertake

More information

Probabilistic Completion Time in Project Scheduling Min Khee Chin 1, Sie Long Kek 2, Sy Yi Sim 3, Ta Wee Seow 4

Probabilistic Completion Time in Project Scheduling Min Khee Chin 1, Sie Long Kek 2, Sy Yi Sim 3, Ta Wee Seow 4 Probabilistic Completion Time in Project Scheduling Min Khee Chin 1, Sie Long Kek 2, Sy Yi Sim 3, Ta Wee Seow 4 1 Department of Mathematics and Statistics, Universiti Tun Hussein Onn Malaysia 2 Center

More information

But is it on the critical path?

But is it on the critical path? But is it on the critical path? Notes from an evening seminar held on the 12 May 2005 for the Adjudication Society Seminar in the London office of Ove Arup Speaker Peter Curtis Ladymead Projects Ltd Agenda

More information

International Project Management. prof.dr MILOŠ D. MILOVANČEVIĆ

International Project Management. prof.dr MILOŠ D. MILOVANČEVIĆ International Project Management prof.dr MILOŠ D. MILOVANČEVIĆ Project time management Project cost management Time in project management process Time is a valuable resource. It is also the scarcest. Time

More information

ETSF01: Software Engineering Process Economy and Quality

ETSF01: Software Engineering Process Economy and Quality ETSF01: Software Engineering Process Economy and Quality Dietmar Pfahl Lund University 1. Identify project objectives 0.Select project 2. Identify project infrastructure Project planning steps Review Lower

More information

CHAPTER 6 CRASHING STOCHASTIC PERT NETWORKS WITH RESOURCE CONSTRAINED PROJECT SCHEDULING PROBLEM

CHAPTER 6 CRASHING STOCHASTIC PERT NETWORKS WITH RESOURCE CONSTRAINED PROJECT SCHEDULING PROBLEM CHAPTER 6 CRASHING STOCHASTIC PERT NETWORKS WITH RESOURCE CONSTRAINED PROJECT SCHEDULING PROBLEM 6.1 Introduction Project Management is the process of planning, controlling and monitoring the activities

More information

Project planning and creating a WBS

Project planning and creating a WBS 37E01500 Project Management and Consulting Practice Project planning and creating a WBS Matti Rossi Lecture 3, Tue 28.2.2017 Learning objectives Describe the project time management planning tasks, and

More information

Decision Support Tool for Project Time-Cost Trade-off

Decision Support Tool for Project Time-Cost Trade-off Decision Support Tool for Project Time-Cost Trade-off Fikri Dweiri Industrial Engineering and Engineering Management Department University of Sharjah Sharjah, UAE, 27272 fdweiri@sharjah.ac.ae Abstract

More information

Comparison between Deterministic and Stochastic Time Estimating Techniques

Comparison between Deterministic and Stochastic Time Estimating Techniques Comparison between Deterministic and Stochastic Time Estimating Techniques Daketima G. Briggs, Ph.D, PMP Management Department, Faculty of Business, University of Botswana ABSTRACT: This paper started

More information

Management Management

Management Management Project Management Management Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently

More information

Outline. Global Company Profile: Bechtel Group. The Importance of Project Management Project Planning Project Scheduling Project Controlling

Outline. Global Company Profile: Bechtel Group. The Importance of Project Management Project Planning Project Scheduling Project Controlling Project Management Outline Global Company Profile: Bechtel Group The Importance of Project Management Project Planning Project Scheduling Project Controlling Outline - Continued Project Management Techniques:

More information

06IP/IM74 OPERATIONS RESEARCH

06IP/IM74 OPERATIONS RESEARCH 06IP/IM74 OPERATIONS RESEARCH UNIT - 6: PROJECT MANAGEMENT USING NETWORK ANALYSIS (By Dr.G.N.MOHAN BABU, Prof & HOD (I&P Engg), MCE, Hassan 573 021) LEARNING OBJECTIVES OF THE MODULE: By the end of this

More information

SWEN 256 Software Process & Project Management

SWEN 256 Software Process & Project Management SWEN 256 Software Process & Project Management Plan: Identify activities. No specific start and end dates. Estimating: Determining the size & duration of activities. Schedule: Adds specific start and end

More information

ACWP (actual cost of work performed) Cost of actual work performed to date on the project, plus any fixed costs.

ACWP (actual cost of work performed) Cost of actual work performed to date on the project, plus any fixed costs. Glossary ACWP (actual cost of work performed) Cost of actual work performed to date on the project, plus any fixed costs. ALAP (as late as possible) A constraint placed on a task s timing to make it occur

More information

Lecture 3 Project Scheduling

Lecture 3 Project Scheduling B10 Lecture Project Scheduling Omar El-Anwar, PhD, PMP Network alculations The purpose of conducting network calculations is to know more about the scheduling of activities: When will each activity start?

More information

MnDOT Project Management Office Presents: Project Reporting. Presenter: Jonathan McNatty Senior Schedule Consultant DRMcNatty & Associates, Inc.

MnDOT Project Management Office Presents: Project Reporting. Presenter: Jonathan McNatty Senior Schedule Consultant DRMcNatty & Associates, Inc. MnDOT Project Management Office Presents: Project Reporting Presenter: Jonathan McNatty Senior Schedule Consultant DRMcNatty & Associates, Inc. Housekeeping Items Lines will be muted during the webinar

More information

SECTION ARCHITECTURAL AND ENGINEERING CPM SCHEDULES

SECTION ARCHITECTURAL AND ENGINEERING CPM SCHEDULES SECTION 01 32 16.01 ARCHITECTURAL AND ENGINEERING CPM SCHEDULES PART 1- GENERAL 1.1 DESCRIPTION: The Architect/Engineer of Record (A/E) shall develop a Critical Path Method (CPM Schedule) plan and schedule

More information

Quality Project Management

Quality Project Management Quality Project Management By James N. Salapatas, PE, PMP www.suncam.com Copyright 2014 James N. Salapatas Page 1 of 44 Table of Contents Title Page LIST OF CHARTS 2 LIST OF FIGURES 3 ABOUT THE COURSE

More information

PROJECT MANAGEMENT. Trying to manage a project without project management is like trying to play a football game without a game plan

PROJECT MANAGEMENT. Trying to manage a project without project management is like trying to play a football game without a game plan PROJECT MANAGEMENT Trying to manage a project without project management is like trying to play a football game without a game plan K. Tate (Past Board Member, PMI). Brad Fink 28 February 2013 Executive

More information

Crashing the Schedule An Algorithmic Approach with Caveats and Comments

Crashing the Schedule An Algorithmic Approach with Caveats and Comments ing the Schedule An Algorithmic Approach with Caveats and Comments Gilbert C. Brunnhoeffer, III PhD, P.E. and B. Gokhan Celik PhD LEED AP Roger Williams University Bristol, Rhode Island and Providence

More information

Allocate and Level Project Resources

Allocate and Level Project Resources Allocate and Level Project Resources Resource Allocation: Defined Resource Allocation is the scheduling of activities and the resources required by those activities while taking into consideration both

More information

Managing Projects As Investments: The Benefits Of Computing Critical Path Drag And Drag Cost

Managing Projects As Investments: The Benefits Of Computing Critical Path Drag And Drag Cost Managing Projects As Investments: The Benefits Of Computing Critical Path Drag And Drag Cost ***** A Presentation for PMI Westchester County Chapter by Stephen A. Devaux 6/13/2017 1 The History of PM and

More information

A UNIT BASED CRASHING PERT NETWORK FOR OPTIMIZATION OF SOFTWARE PROJECT COST PRITI SINGH, FLORENTIN SMARANDACHE, DIPTI CHAUHAN, AMIT BHAGHEL

A UNIT BASED CRASHING PERT NETWORK FOR OPTIMIZATION OF SOFTWARE PROJECT COST PRITI SINGH, FLORENTIN SMARANDACHE, DIPTI CHAUHAN, AMIT BHAGHEL A UNIT BASED CRASHING PERT NETWORK FOR OPTIMIZATION OF SOFTWARE PROJECT COST PRITI SINGH, FLORENTIN SMARANDACHE, DIPTI CHAUHAN, AMIT BHAGHEL Abstract: Crashing is a process of expediting project schedule

More information

GPE engineering project management. Project Management in an Engineering Context

GPE engineering project management. Project Management in an Engineering Context GPE engineering project management Project Management in an Engineering Context Network diagrams in context PM SOW CHARTER SCOPE DEFINITION WBS circulation, negotiation, translation WBS WP à activities

More information

Introduction to Project Management. Modeling after NYS ITS

Introduction to Project Management. Modeling after NYS ITS Introduction to Project Management Modeling after NYS ITS What is Project Management? Project management is the application of knowledge, skills, tools and techniques to project activities to meet project

More information

Project Management and Cost Control

Project Management and Cost Control Project Management and Cost Control What is Project Management Build A A Done Build B B Done Build C JAN FEB MAR APR MAY JUN C Done Build D On time! Ship Unique, one-time operations designed to accomplish

More information

POLYTECHNIC OF NAMIBIA

POLYTECHNIC OF NAMIBIA POLYTECHNIC OF NAMIBIA SCHOOL OF MANAGEMENT SCIENCES DEPARTMENT OF MANAGEMENT PROJECT MANAGEMENT BACHELOR OF BUSINESS ADMINISTRATION 07BBMA SUBJECT CODE: PRM422S DATE: DURATION: MARKS: EXAMINERS: MODERATOR:

More information

SECTION PROJECT SCHEDULES (SMALL PROJECTS DESIGN/BID/BUILD)

SECTION PROJECT SCHEDULES (SMALL PROJECTS DESIGN/BID/BUILD) SECTION 01 32 16.15 PROJECT SCHEDULES (SMALL PROJECTS DESIGN/BID/BUILD) PART 1- GENERAL 1.1 DESCRIPTION: A. The Contractor shall develop a Critical Path Method (CPM) plan and schedule demonstrating fulfillment

More information

COST MANAGEMENT IN CONSTRUCTION PROJECTS WITH THE APPROACH OF COST-TIME BALANCING

COST MANAGEMENT IN CONSTRUCTION PROJECTS WITH THE APPROACH OF COST-TIME BALANCING ISSN: 0976-3104 Lou et al. ARTICLE OPEN ACCESS COST MANAGEMENT IN CONSTRUCTION PROJECTS WITH THE APPROACH OF COST-TIME BALANCING Ashkan Khoda Bandeh Lou *, Alireza Parvishi, Ebrahim Javidi Faculty Of Engineering,

More information

Project Management with Brief Information regarding CPM and PERT Methods

Project Management with Brief Information regarding CPM and PERT Methods 99 INTERNATIONAL JOURNAL OF SCIENTIFIC & ENGINEERING RESEARCH, VOLUME 9, ISSUE, JULY-8 Project Management with Brief Information regarding CPM and PERT Methods Rohan Agarwal Guide: Sheetal Patel Abstract

More information

Project Time-Cost Trade-Off

Project Time-Cost Trade-Off Project Time-Cost Trade-Off 7.1 Introduction In the previous chapters, duration of activities discussed as either fixed or random numbers with known characteristics. However, activity durations can often

More information

MINIMIZE TIME AND COST FOR SUCCESSFUL COMPLETION OF A LARGE SCALE PROJECT APPLYING PROJECT CRASHING METHOD

MINIMIZE TIME AND COST FOR SUCCESSFUL COMPLETION OF A LARGE SCALE PROJECT APPLYING PROJECT CRASHING METHOD International Journal of Advanced Research and Review www.ijarr.in MINIMIZE TIME AND COST FOR SUCCESSFUL COMPLETION OF A LARGE SCALE PROJECT APPLYING PROJECT CRASHING METHOD Shifat Ahmed Lecturer, Southeast

More information

DC Program and Project Managers Meeting #2

DC Program and Project Managers Meeting #2 + Trevor Lowing Trevor.Lowing@gmail.com DC Program and Project Managers Meeting #2 Session 1: Planning projects with MS Project Session 2: Workshop: Generating Reports with MS Project and Visual Basic

More information

VALLIAMMAI ENGINEERING COLLEGE

VALLIAMMAI ENGINEERING COLLEGE VALLIAMMAI ENGINEERING COLLEGE SRM Nagar, Kattankulathur 603 203 DEPARTMENT OF CIVIL ENGINEERING QUESTION BANK VI SEMESTER CE6005 CONSTRUCTION PLANNING AND SCHEDULING Regulation 2013 Academic Year 2017

More information

Project Management Techniques (PMT)

Project Management Techniques (PMT) Project Management Techniques (PMT) Critical Path Method (CPM) and Project Evaluation and Review Technique (PERT) are 2 main basic techniques used in project management. Example: Construction of a house.

More information

Network Analysis Basic Components. The Other View. Some Applications. Continued. Goal of Network Analysis. RK Jana

Network Analysis Basic Components. The Other View. Some Applications. Continued. Goal of Network Analysis. RK Jana Network nalysis RK Jana asic omponents ollections of interconnected linear forms: Lines Intersections Regions (created by the partitioning of space by the lines) Planar (streets, all on same level, vertices

More information

COPYRIGHT AND CITATION CONSIDERATIONS FOR THIS THESIS/ DISSERTATION

COPYRIGHT AND CITATION CONSIDERATIONS FOR THIS THESIS/ DISSERTATION COPYRIGHT AND CITATION CONSIDERATIONS FOR THIS THESIS/ DISSERTATION o Attribution You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any

More information

Outline. Project Management. Introduction. What is a Project?

Outline. Project Management. Introduction. What is a Project? Outline Project Management Jeffrey Pinto, Ph.D. Penn State Erie What is Project Management? Scope Management Risk Management Planning and Scheduling Project Evaluation and Control Project Termination Introduction

More information

Assistance with University Projects? Research Reports? Writing Skills? We have got you covered! www.assignmentstudio.net WhatsApp: +61-424-295050 Toll Free: 1-800-794-425 Email: contact@assignmentstudio.net

More information

Project Controls Expo 16 th Nov 2016

Project Controls Expo 16 th Nov 2016 Project Controls Expo 16 th Nov 2016 Emirates Stadium, London Introduction to Planning, Scheduling and Earned Value followed by Case Study on Data Analytics on improved Schedule Data Quality Tushar Tohan

More information

SECTION PROJECT SCHEDULE 08/08

SECTION PROJECT SCHEDULE 08/08 SECTION 01 32 01.00 10 PROJECT SCHEDULE 08/08 PART 1 GENERAL 1.1 REFERENCES The publications listed below form a part of this specification to the extent referenced. The publications are referred to within

More information

Systems Engineering. Engineering 101 By Virgilio Gonzalez

Systems Engineering. Engineering 101 By Virgilio Gonzalez Systems Engineering Engineering 101 By Virgilio Gonzalez Systems process What is a System? What is your definition? A system is a construct or collection of different elements that together produce results

More information

CONSTRUCTION MANAGEMENT CHAPTER 3 PLANNING

CONSTRUCTION MANAGEMENT CHAPTER 3 PLANNING CONSTRUCTION MANAGEMENT CHAPTER 3 PLANNING Planning of Works Contract Form of contract by which one party undertakes to the other to perform certain work, for a price. Corresponds to the execution of a

More information

PROJECT MANAGEMENT IN PRACTICE

PROJECT MANAGEMENT IN PRACTICE PROJECT MANAGEMENT IN PRACTICE Fourth Edition Samuel J. Mantel, Jr. University of Cincinnati Jack R. Meredith Wake Forest University Scott M. Shafer Wake Forest University Margaret M. Sutton button Associates

More information

ECSE 321: INTRODUCTION TO SOFTWARE ENGINEERING

ECSE 321: INTRODUCTION TO SOFTWARE ENGINEERING ECSE 321: INTRODUCTION TO SOFTWARE ENGINEERING Software Project Management d_sinnig@cs.concordia.ca Department of Electrical and Computer Engineering 08-Jan-14 What is a project? Some dictionary definitions:

More information

Techniques to Assist Delivery of Projects

Techniques to Assist Delivery of Projects Techniques to Assist Delivery of Projects 1 Introduction Who am I? Ian Bell Where am I from? Adept Knowledge Management Ltd Based at 5 Carden Place Aberdeen AB10 1UT +44 (0) 1224 251015 2 Introduction

More information

Project Management. Project Mangement. ( Notes ) For Private Circulation Only. Prof. : A.A. Attarwala.

Project Management. Project Mangement. ( Notes ) For Private Circulation Only. Prof. : A.A. Attarwala. Project Mangement ( Notes ) For Private Circulation Only. Prof. : A.A. Attarwala. Page 1 of 380 26/4/2008 Syllabus 1. Total Project Management Concept, relationship with other function and other organizations,

More information

SSC-JE STAFF SELECTION COMMISSION CIVIL ENGINEERING STUDY MATERIAL ESTIMATING, COSTING AND VALUATION

SSC-JE STAFF SELECTION COMMISSION CIVIL ENGINEERING STUDY MATERIAL ESTIMATING, COSTING AND VALUATION 1 ` SSC-JE STAFF SELECTION COMMISSION CIVIL ENGINEERING STUDY MATERIAL SSC-JE Civil Engineering 2 Estimating, Costing and Valuation : Estimate, Glossary of technical terms, Analysis of rates, Methods and

More information

Ins. Luay Dwaikat Fall 2013/2014

Ins. Luay Dwaikat Fall 2013/2014 An-Najah National University Faculty of Engineering Civil/Building Engineering Dept. Construction Management - 6147 Ins. : Luay Dwaikat Course Outline Introduction to project management Project Work breakdown

More information

MICHIGAN DEPARTMENT OF TRANSPORTATION SPECIAL PROVISION FOR CRITICAL PATH METHOD NETWORK SCHEDULE

MICHIGAN DEPARTMENT OF TRANSPORTATION SPECIAL PROVISION FOR CRITICAL PATH METHOD NETWORK SCHEDULE MICHIGAN DEPARTMENT OF TRANSPORTATION SPECIAL PROVISION FOR CRITICAL PATH METHOD NETWORK SCHEDULE C&T:JTL 1 of 6 C&T:APPR:JDC:PAL:07-24-02 FHWA:APPR:06-01-11 a. Description. In addition to the progress

More information

UNIT 5 PROJECT ANALYSIS PERT/CPM MODULE - 2

UNIT 5 PROJECT ANALYSIS PERT/CPM MODULE - 2 UNIT 5 PROJECT ANALYSIS MODULE - 2 UNIT 5 PROJECT ANALYSIS Structure 5.0 Introduction 5.1 Unit Objectives 5.2 Definitions of Project and Project Management 5.3 Characteristics of a Project 5.4 Life Cycle

More information

VALUE MANAGEMENT INTERNATIONAL RESEARCH JOURNAL OF ENGINEERING AND TECHNOLOGY (IRJET) E-ISSN: Snehal Salunke

VALUE MANAGEMENT INTERNATIONAL RESEARCH JOURNAL OF ENGINEERING AND TECHNOLOGY (IRJET) E-ISSN: Snehal Salunke VALUE MANAGEMENT Snehal Salunke Post Graduate Student, Civil Engg. Department, SSJCET, Asangaon, Thane -----------------------------------------------------------------------------***------------------------------------------------------------------

More information

Unit 3 Research Project. Eddie S. Jackson. Kaplan University. IT511: Information Systems Project Management

Unit 3 Research Project. Eddie S. Jackson. Kaplan University. IT511: Information Systems Project Management Running head: UNIT 3 RESEARCH PROJECT 1 Unit 3 Research Project Eddie S. Jackson Kaplan University IT511: Information Systems Project Management 04/06/2014 UNIT 3 RESEARCH PROJECT 2 Unit 3 Research Project

More information

Project Theft Management,

Project Theft Management, Project Theft Management, by applying best practises of Project Risk Management Philip Rosslee, BEng. PrEng. MBA PMP PMO Projects South Africa PMO Projects Group www.pmo-projects.co.za philip.rosslee@pmo-projects.com

More information

Chapter 2 The PERT/CPM Technique

Chapter 2 The PERT/CPM Technique Chapter The PERT/CPM Technique Abstract Completing a project on time and within budget is not an easy task. The project scheduling phase plays a central role in predicting both the time and cost aspects

More information

MS Project 2007 Page 1 of 18

MS Project 2007 Page 1 of 18 MS Project 2007 Page 1 of 18 PROJECT MANAGEMENT (PM):- There are powerful environment forces contributed to the rapid expansion of the projects and project management approaches to the business problems

More information

Optimization Prof. A. Goswami Department of Mathematics Indian Institute of Technology, Kharagpur. Lecture - 18 PERT

Optimization Prof. A. Goswami Department of Mathematics Indian Institute of Technology, Kharagpur. Lecture - 18 PERT Optimization Prof. A. Goswami Department of Mathematics Indian Institute of Technology, Kharagpur Lecture - 18 PERT (Refer Slide Time: 00:56) In the last class we completed the C P M critical path analysis

More information

Final: Total 200 points (3-hour exam)

Final: Total 200 points (3-hour exam) Final: Total 200 points (3-hour exam) [Engineering Economics] IRR Calculation [15 points] One alternative for improving a company s operations is to do nothing for the next 2 years and then spend $10,000

More information

Plan Implementation. Pushpa Lal Shakya

Plan Implementation. Pushpa Lal Shakya Plan Implementation Pushpa Lal Shakya Outline of Presentation 1. Plan Implementation: Meaning 2. Use of MTEF in Plan Implementation 3. Plan implementation Process and Implementation Modalities 4. Application

More information

COPYRIGHTED MATERIAL. Index

COPYRIGHTED MATERIAL. Index Index Note to the reader: Throughout this index boldfaced page numbers indicate primary discussions of a topic. Italicized page numbers indicate illustrations. A A+ certification, 28 acceptance criteria

More information

Navigation: PeopleSoft Menu > Set up HCM > Product Related > Commitment Accounting > UC Customizations > Funding Entry

Navigation: PeopleSoft Menu > Set up HCM > Product Related > Commitment Accounting > UC Customizations > Funding Entry -By- Guide UCLA UCPATH Update Funding for Positions Use this task to Update funding for an unfilled of filled position. NOTE: Refer to the job aid called Update Funding for Positions with Salary Caps or

More information

NETWORK ANALYSIS QUESTION BANK

NETWORK ANALYSIS QUESTION BANK NETWORK ANALYSIS QUESTION BANK 1. Explain the terms : Total elapsed time, idle time. 2. What do you mean by dummy activity and successor activity. 3. Write four advantages of network analysis. 4. Explain

More information

Expense: Workflow Cost Object Approval

Expense: Workflow Cost Object Approval Expense: Workflow Cost Object Approval Setup Guide Applies to these SAP Concur solutions: Expense Professional/Premium edition Standard edition Travel Professional/Premium edition Standard edition Invoice

More information

THE ACCELERATING OF DURATION AND CHANGE OF COST ON CONSTRUCTION PROJECT IMPLEMENTATION

THE ACCELERATING OF DURATION AND CHANGE OF COST ON CONSTRUCTION PROJECT IMPLEMENTATION International Journal of Civil Engineering and Technology (IJCIET) Volume 10, Issue 01, January 2019, pp. 825-832, Article ID: IJCIET_10_01_075 Available online at http://www.iaeme.com/ijciet/issues.asp?jtype=ijciet&vtype=10&itype=01

More information

Chapter 18. Indebtedness

Chapter 18. Indebtedness Chapter 18 Indebtedness This Page Left Blank Intentionally CTAS User Manual 18-1 Indebtedness: Introduction The Indebtedness Module is designed to track an entity s indebtedness. By entering the principal

More information

Project Network Analysis Model to Dredging Operations In Niger Delta

Project Network Analysis Model to Dredging Operations In Niger Delta American Journal of Engineering Research (AJER) E-ISSN: 2320-0847 p-issn: 2320-0936 Volume-7, Issue-12, pp-150-165 www.ajer.org Research Paper Open Access Project Network Analysis Model to Dredging Operations

More information

[Project Name] Project Schedule Management Plan. [Sub-Project, phase, etc.] [Company] [Company Address] Marc Arnecke, PMP

[Project Name] Project Schedule Management Plan. [Sub-Project, phase, etc.] [Company] [Company Address] Marc Arnecke, PMP [Company] [Company Address] Tel: Fax: [Company Phone] [Company Fax] [Company E-mail] May 16, 2015 [Ref. number] Marc Arnecke, PMP [Project Name] [Sub-Project, phase, etc.] The project schedule management

More information