Lecture 3 Project Scheduling

Size: px
Start display at page:

Download "Lecture 3 Project Scheduling"

Transcription

1 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? When will each activity finish? When will the project finish? an I delay an activity without delaying the project? 1

2 Scheduling Process 0 Start Forward pass Early times Total Duration End The forward pass starts from start to end. The total project duration is calculated from this pass. During this pass early times are calculated. This includes: Early Start (ES): The earliest time an activity can start if all preceding activities start on time Early Finish (EF): The earliest time an activity can finish if all preceding activities start on time Scheduling Process Start End 0 Late times Backward pass Total Duration During this pass late times are calculated. This includes: Late Start (LS): The latest time an activity can start without delaying the project Late Finish (LF): The latest time an activity can finish without delaying the project

3 Representing Activity Information: AON TF FF ES Description EF LS Duration LF 0 A The Forward Pass The early start of the initial activities is always taken = 0 Initial activities are those activities that do not have a predecessor, that is they can start at the beginning of the project as they do not depend on other activities The Early Start of an activity = Maximum Early Finish of all preceding activities 0 0 B H 8 H cannot start until both and B have finished, since B will finish after (on day ) then the earliest possible start for activity H is day

4 The Forward Pass The early finish of an activity is calculated as follows: EF = ES + Duration 0 0 B H 8 Overall project duration is the largest possible EF of all activities. Note All times are denoted as end of day End of day End of day 0 0 End of day H 8 0 B 4

5 Example 1 Perform PM alculations B E G 9 START A 4 F 11 H L END D 8 I 8 K J The Backward Pass During this pass we calculate Late Times (LS, LF) The last activities in the schedule are assigned a LF = Project Duration The Late Finish of an activity = Minimum Late Start of all succeeding activities 1 B E The latest time that B can finish without delaying the project depends on its succeeding activities. The latest possible start for is 8 and for E is 4, hence B should not finish later than day 4 if the project is not to be delayed.

6 The Backward Pass The late start of an activity is calculated as follows: LS = LF - Duration 1 B E Activity Float Represents the amount of flexibility available in executing an activity. Types of float: Total Float (TF) Free Float (FF)

7 Total Float (TF) It is the amount of time a particular activity can be delayed from its early execution time without affecting the project completion date. Float = 0 à No flexibility à Any delay in the activity will delay the project Float > 0 à Some flexibility à Some delay in the activity is possible without delaying the project It is calculated as: TF = LS act. ES act TF = 1 OR TF = LF act. EF act. 4 E TF = 0 Free Float (FF) It is the amount of time a particular activity can be delayed from its early execution time without affecting the early execution time of any of its succeeding activities. It is calculated as: FF = smallest ES of all succeeding activities EF of this activity 7

8 Free Float (FF) - Example 10 B G 0 For activity B: FF = Min (14,17) 1 = 1 14 H Importance of float If Total Float = 0 à ritical Activity If Total Float > 0 à Non-critical Activity In all cases TF FF 8

9 ritical Path Method (PM) Using the procedure described above we now are able to identify all activities in the project that are critical. ritical activities will always form a continuous chain from the start to the end of a project. This chain is called the ritical Path. The ritical Path is the longest of all paths in the network. A network can have more than one critical path. A network must have at least one critical path. Example 1 Solution Perform PM alculations A B D E 1 1 G F H I J 1 0 L K 1 1 End 9

10 Example Activity IPA Duration A B ---- A D A E F,D,G 4 G B H G I G J E 4 K H 4 L K M K,I N F.J 9 O L,M 4 P L,M 10

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 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

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

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

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

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

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

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

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

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

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

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

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

If you have a question during any portion of this exam, raise your hand and speak to the proctor. Write legibly.

If you have a question during any portion of this exam, raise your hand and speak to the proctor. Write legibly. CE167: Engineering Project Management Spring 2007 Professor William Ibbs MIDTERM 2 SOLUTION Date: April 26, 2007 General Instructions All work is to be completed in a bluebook answers not recorded in a

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

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

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

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 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

Lecture 5: Project Management

Lecture 5: Project Management Lecture 5: Management organization structure ritical path method (PM) Time/cost tradeoff PM with three activity it time estimates t Readings: hapter 10 Management series of related jobs usually directed

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

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

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

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

EXERCISE Draw the network diagram. a. Activity Name A B C D E F G H

EXERCISE Draw the network diagram. a. Activity Name A B C D E F G H XRIS. What do you mean by network analysis? xplain with counter examples.. What are the basic differences between PM and PRT analysis of project work?. State the rule of constructing the network diagram..

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

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

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

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

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

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

Formulas to Know for EXAM

Formulas to Know for EXAM Formulas to Know for EXAM Activity & Project Duration Formulas In order to calculate Estimated Activity Duration (EAD) of an activity, Optimistic (O), Most Likely (M) and Pessimistic (P) estimates for

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

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

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

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

Answer Assignment # 3. ENGR 301 Lecture 12. Examples. Examples

Answer Assignment # 3. ENGR 301 Lecture 12. Examples. Examples NGR Lecture Midterm Revision Answer Assignment #. Table # represent a project on its th month. Calculate the V for each activity and for the total project. Calculate also the following. Cost and schedule

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

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

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

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

next level PMP Exam Preparation Formula Guide for the PMP Exam

next level PMP Exam Preparation Formula Guide for the PMP Exam next Formula Guide for the PMP Exam January 2017 n e x t l e v e l Page 1 What s Included: 1. Earned Value Formulas 2. Formulas 3. Float Formulas 4. Project Selection Formulas 5. Additional Formulas to

More information

UNIVERSITY OF BOLTON SCHOOL OF ENGINEERING. MSc CIVIL ENGINEERING MSc CONSTRUCTION PROJECT MANAGEMENT SEMESTER ONE EXAMINATION 2017/2018

UNIVERSITY OF BOLTON SCHOOL OF ENGINEERING. MSc CIVIL ENGINEERING MSc CONSTRUCTION PROJECT MANAGEMENT SEMESTER ONE EXAMINATION 2017/2018 ENG026 UNIVERSITY OF BOLTON SCHOOL OF ENGINEERING MSc CIVIL ENGINEERING MSc CONSTRUCTION PROJECT MANAGEMENT SEMESTER ONE EXAMINATION 2017/2018 PROJECT MANAGEMENT MODULE NO: CPM7002 Date: 15 January 2018

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

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

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

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

Handout 4: Deterministic Systems and the Shortest Path Problem

Handout 4: Deterministic Systems and the Shortest Path Problem SEEM 3470: Dynamic Optimization and Applications 2013 14 Second Term Handout 4: Deterministic Systems and the Shortest Path Problem Instructor: Shiqian Ma January 27, 2014 Suggested Reading: Bertsekas

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

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

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

SCM 301 (Solo) Exam 1 Practice Exam Solutions

SCM 301 (Solo) Exam 1 Practice Exam Solutions 1. D $118,000 www.liontutors.com SCM 301 (Solo) Exam 1 Practice Exam Solutions The first thing we need to do here is use the information given in the table to create a network diagram. Once we have a network

More information

SCM 301 (Lutz) Exam 1 Practice Exam Solutions

SCM 301 (Lutz) Exam 1 Practice Exam Solutions 1. D $118,000 www.liontutors.com SCM 301 (Lutz) Exam 1 Practice Exam Solutions The first thing we need to do here is use the information given in the table to create a network diagram. Once we have a network

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

Logistics. Lecture notes. Maria Grazia Scutellà. Dipartimento di Informatica Università di Pisa. September 2015

Logistics. Lecture notes. Maria Grazia Scutellà. Dipartimento di Informatica Università di Pisa. September 2015 Logistics Lecture notes Maria Grazia Scutellà Dipartimento di Informatica Università di Pisa September 2015 These notes are related to the course of Logistics held by the author at the University of Pisa.

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

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

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

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

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

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

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

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

56:171 Operations Research Midterm Examination Solutions PART ONE

56:171 Operations Research Midterm Examination Solutions PART ONE 56:171 Operations Research Midterm Examination Solutions Fall 1997 Answer both questions of Part One, and 4 (out of 5) problems from Part Two. Possible Part One: 1. True/False 15 2. Sensitivity analysis

More information

A SINGLE STEP CPM TIME-COST TRADEOFF ALGORITHM. In Mathematics and Computing. Under the guidance of Dr. Mahesh Kumar Sharma

A SINGLE STEP CPM TIME-COST TRADEOFF ALGORITHM. In Mathematics and Computing. Under the guidance of Dr. Mahesh Kumar Sharma A SINGLE STEP CPM TIME-COST TRADEOFF ALGORITHM Thesis submitted in partial fulfillment of the requirement for The award of the degree of Master of Science In Mathematics and Computing Submitted by Gurpreet

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

Tip and Trick Bulletins 2/1/04

Tip and Trick Bulletins 2/1/04 IN THIS ISSUE Primavera Project Planner (P3) Version 3.1 Survival Guide for Using Constraints by Eric Chou, PE A constraint is a restriction imposed on the schedule to control the results (such as Start

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

The Critical Path Method

The Critical Path Method 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 "I believe that this nation should commit

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

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

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

A METHOD FOR STOCHASTIC ESTIMATION OF COST AND COMPLETION TIME OF A MINING PROJECT

A METHOD FOR STOCHASTIC ESTIMATION OF COST AND COMPLETION TIME OF A MINING PROJECT A METHOD FOR STOCHASTIC ESTIMATION OF COST AND COMPLETION TIME OF A MINING PROJECT E. Newby, F. D. Fomeni, M. M. Ali and C. Musingwini Abstract The standard methodology used for estimating the cost and

More information

CHAPTER 5. Project Scheduling Models

CHAPTER 5. Project Scheduling Models CHAPTER 5 Project Scheduling Models 1 5.1 Introduction A project is a collection of tasks that must be completed in minimum time or at minimal cost. Objectives of Project Scheduling Completing the project

More information

CHAPTER 7 PROJECT CONTROL

CHAPTER 7 PROJECT CONTROL CHAPTER 7 PROJECT CONTROL The limited objective of project control deserves emphasis. Project control procedures are primarily intended to identify deviations from the project plan rather than to suggest

More information

ActualCollection. Actual dumps collection, higher pass rate

ActualCollection.   Actual dumps collection, higher pass rate ActualCollection http://www.actualcollection.com Actual dumps collection, higher pass rate Exam : CCP Title : Certified Cost Professional (CCP) Exam Vendor : AACE International Version : DEMO Get Latest

More information

A STUDY OF THE BASIC CONCEPT OF CRASHING CPM NETWORK USING DERIVATIVE MARGINAL COST IN LINEAR PROGRAMMING

A STUDY OF THE BASIC CONCEPT OF CRASHING CPM NETWORK USING DERIVATIVE MARGINAL COST IN LINEAR PROGRAMMING ISSN : 98-X STUDY OF THE BSI ONEPT OF RSHING PM NETWORK USING DERIVTIVE MRGINL OST IN LINER PROGRMMING Ismail H. srul tma Jaya atholic University, Jakarta, Indonesia ismael.aaron@gmail.com BSTRT For crashing

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

construction managmemt

construction managmemt 1 Schedules are an extremely effective tool for managing construction projects, especially large and complex projects. The most important use of schedules is project control :the scheduler compares actual

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

INSE 6230 Total Quality Project Management Winter 2018 Quiz I. Max : 70 points. This is a closed book exam. Answer all the questions in the booklet.

INSE 6230 Total Quality Project Management Winter 2018 Quiz I. Max : 70 points. This is a closed book exam. Answer all the questions in the booklet. . Surname, given names: Student Number: INSE 6230 Total Quality Project Management Winter 2018 Quiz I. Max : 70 points This is a closed book exam. Answer all the questions in the booklet. Ensure that your

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

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

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

CHAPTER 10 PROJECT CONTROL

CHAPTER 10 PROJECT CONTROL CHAPTER 0 PROJECT CONTROL The limited objective of project control deserves emphasis. Project control procedures are primarily intended to identify deviations from the project plan rather than to suggest

More information

Real-World Project Management. Chapter 15

Real-World Project Management. Chapter 15 Real-World Project Chapter 15 Characteristics of Project Unique one-time focus Difficulties arise from originality Subject to uncertainties Unexplained or unplanned events often arise, affecting resources,

More information

56:171 Operations Research Midterm Examination Solutions PART ONE

56:171 Operations Research Midterm Examination Solutions PART ONE 56:171 Operations Research Midterm Examination Solutions Fall 1997 Write your name on the first page, and initial the other pages. Answer both questions of Part One, and 4 (out of 5) problems from Part

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

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

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

Do all of Part One (1 pt. each), one from Part Two (15 pts.), and four from Part Three (15 pts. each) <><><><><> PART ONE <><><><><>

Do all of Part One (1 pt. each), one from Part Two (15 pts.), and four from Part Three (15 pts. each) <><><><><> PART ONE <><><><><> 56:171 Operations Research Final Exam - December 13, 1989 Instructor: D.L. Bricker Do all of Part One (1 pt. each), one from Part Two (15 pts.), and four from

More information

SCHOOL OF ACCOUNTING AND BUSINESS BSc. (APPLIED ACCOUNTING) GENERAL / SPECIAL DEGREE PROGRAMME END SEMESTER EXAMINATION JULY 2016

SCHOOL OF ACCOUNTING AND BUSINESS BSc. (APPLIED ACCOUNTING) GENERAL / SPECIAL DEGREE PROGRAMME END SEMESTER EXAMINATION JULY 2016 All Rights Reserved No. of Pages - 10 No of Questions - 06 SCHOOL OF ACCOUNTING AND BUSINESS BSc. (APPLIED ACCOUNTING) GENERAL / SPECIAL DEGREE PROGRAMME END SEMESTER EXAMINATION JULY 2016 MGT 30725 Project

More information

M G T 2251 Management Science. Exam 3

M G T 2251 Management Science. Exam 3 M G T 2251 Management Science Exam 3 Professor Chang November 8, 2012 Your Name (Print): ID#: Read each question carefully before you answer. Work at a steady pace, and you should have ample time to finish.

More information

Line Balancing S K Mondal Chapter 3

Line Balancing S K Mondal Chapter 3 Line Balancing S K Mondal Chapter 3 Solution: J G 10 K I 7 L J, H 10 M K 6 N L, M 9 [10-Marks] 6 8 7 10 A D G J 5 B 5 6 E H L 10 9 N Work station number 1 3 4 5 6 4 10 7 4 C F I K M 6 Precedence diagram

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

UNIVERSITY OF SWAZILAND FACULTY OF COMMERCE DEPARTMENT OF BUSINESS ADMINISTRATION FINAL EXAMINATION PAPER MAY 2016 ROJECT MANAGEMENT THREE [3] HOURS

UNIVERSITY OF SWAZILAND FACULTY OF COMMERCE DEPARTMENT OF BUSINESS ADMINISTRATION FINAL EXAMINATION PAPER MAY 2016 ROJECT MANAGEMENT THREE [3] HOURS UNIVERSITY OF SWAZILAND FACULTY OF COMMERCE DEPARTMENT OF BUSINESS ADMINISTRATION FINAL EXAMINATION PAPER MAY 2016 TITLE OF PAPER ROJECT MANAGEMENT COURSE CODE BA303 FULL TIME STUDENTS TIME ALLOCATED TOTAL

More information

u w 1.5 < 0 These two results imply that the utility function is concave.

u w 1.5 < 0 These two results imply that the utility function is concave. A person with initial wealth of Rs.1000 has a 20% possibility of getting in a mischance. On the off chance that he gets in a mishap, he will lose Rs.800, abandoning him with Rs.200; on the off chance that

More information

56:171 Operations Research Midterm Exam Solutions October 22, 1993

56:171 Operations Research Midterm Exam Solutions October 22, 1993 56:171 O.R. Midterm Exam Solutions page 1 56:171 Operations Research Midterm Exam Solutions October 22, 1993 (A.) /: Indicate by "+" ="true" or "o" ="false" : 1. A "dummy" activity in CPM has duration

More information

How to Properly Demonstrate Delays in a P3 Schedule to Support a Delay Claim. Michael E. Stone

How to Properly Demonstrate Delays in a P3 Schedule to Support a Delay Claim. Michael E. Stone How to Properly Demonstrate Delays in a P3 Schedule to Support a Delay Claim Michael E. Stone Construction Delays & CPM Schedules Recognize different types of delays Understand how to use P3 to measure

More information

Project Management. Chapter 2 DISCUSSION QUESTIONS

Project Management. Chapter 2 DISCUSSION QUESTIONS hapter Project Management ISUSSION QUSTIONS 1. Software is an essential element for successful management of complex projects. It can provide information on completion performance of critical activities,

More information