Project Planning. Identifying the Work to Be Done. Gantt Chart. A Gantt Chart. Given: Activity Sequencing Network Diagrams
|
|
- Jason Green
- 6 years ago
- Views:
Transcription
1 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 to: develop precedence relationship diagram which shows sequential relationship of project activities Gantt Chart Popular tool for project scheduling Graph with bar representing time for each task Provides visual display of project schedule Also shows slack for activities (amount of time activity can be delayed without delaying project) Activity Design house and obtain financing Lay foundation Order and receive materials Build house Select paint Select carpet Finish work Month A Gantt Chart
2 Critical Path Method (CPM) - DuPont & Remington-Rand (956) CPM/PERT - deterministic task times - activity-on-node network construction (AON) Project Evaluation & Review Technique (PERT) - U.S. Navy, Booz, Allen & Hamilton - multiple task time estimates - activity-on-arrow network construction (AOA) Simplified Project Network Construct forms Pour concrete The Project Network Network consists of branches & nodes Branch Node Network Construction In AON, nodes represent activities & arrows show precedence relationships In AOA, arrows represent activities & nodes are events for points in time An event is the completion or beginning of an activity A dummy shows precedence for two activities with same start & end nodes
3 Project Network For A House Critical Path Lay foundation Dummy Build Finish house work 6 7 Design house Order and and obtain receive Select Select financing materials paint carpet 5 A path is a sequence of connected activities running from the start to the end node in a network The critical path is the path with the longest duration in the network A project cannot be completed in less than the time of the critical path All Possible Paths Concurrent Activities A: = 9 months; the critical path B: = 8 months C: = 8 months D: = 7 months Lay foundation Order material Incorrect precedence relationship Lay foundation Dummy Order material Correct precedence relationship
4 Early Times (Housebuilding example) ES - earliest time activity can start Forward pass starts at beginning of network to determine ES times EF = ES + activity time ES ij = maximum (EF i ) EF ij = ES ij + t ij ES = EF = ES + t = + = months Computing Early Times ES = max (EF ) = months ES 6 = max (EF ) = max (5,) = 5 months EF 6 = ES 6 + t 6 = 5 + = 8 months EF 67 =9 months, the project duration Late Times LS - latest time activity can start & not delay project Backward pass starts at end of network to determine LS times LF - latest time activity can be completed & not delay project LS ij = LF ij - t ij LF ij = minimum (LS j ) LF 67 = 9 months Computing Late Times LS 67 = LF 67 - t 67 = 9 - = 8 months LF 56 = minimum (LS 6 ) = 8 months LS 56 = LF 56 - t 56 = 8 - = 7 months LF = minimum (LS ) = min(5, 6) = 5 months LS = LF - t = 5 - = months
5 Early And Late Times Activity Slack ES=, EF=5 ES=5, EF=5 LS=5, LF=5 LS=, LF=5 ES=5, EF=8 ES=8, EF=9 LS=5, LF=8 LS=8, LF=9 6 7 ES=, EF= ES=, EF= LS=, LF= LS=, LF=5 ES=6, EF=7 ES=5, EF=6 LS=6, LF=7 5 LS=7, LF=8 Activities on critical path have ES = LS & EF = LF Activities not on critical path have slack S ij = LS ij - ES ij S ij = LF ij - EF ij S = LS - ES = - = month Activity Slack Data Activity LS ES LF EF Slack (S) -* * * * * Critical path Probabilistic Time Estimates Reflect uncertainty of activity times Beta distribution is used in PERT Mean (expected time): t = a + m + b 6 Variance: σ = b - a 6 where, a = optimistic estimate m = most likely time estimate b = pessimistic time estimate
6 Example Beta Distributions PERT Example Equipment testing and modification 6 P (time) P (time) Equipment installation Dummy Final debugging P (time) a m t b a t m b Position recruiting System development System Training 5 7 Manual System 9 Testing changeover System Testing Job Dummy training a m = t b Orientation 8 Activity Information Time estimates (wks) Mean Time Variance Activity a b c t σ Early And Late Times Activity t σ ES EF LS LF S
7 ES=, EF=8 ( LS=, LF=9 ) ES=, EF=6 LS=, LF=6 6 8 ES=, EF= LS=, LF=5 ES=8, EF= LS=6 LF= ES=8, EF=8 ( LS=9, LF=9 ) Network With Times LS=9, LF= ES=6, EF=9 7 ES=, EF=5 LS=6, LF=9 5 ( LS=, LF=6) ES=, EF=7 LS=5, LF=9 ES=, EF=5 LS=, LF=6 6 ES=9, EF= ES=9, EF= 8 ES=, EF=5 ( LS=6 LF=5 ) LS=6 LF=5 ES=, EF= LS=6 LF=6 Project Variance Project variance is the sum of the variances along the critical path σ = σ + σ 5 + σ 57 + σ 79 = = 6.89 weeks Probabilistic Network Analysis Determine the probability that a project is completed within a specified period of time where Z = x - µ σ µ = t p = project mean time σ = project standard deviation x = proposed project time Z = number of standard deviations x is from mean Normal Distribution Of Project Time Zσ Probability µ = t p x Time
8 Probabilistic Analysis Example What is the probability that the project is completed within weeks? σ = 6.89 weeks σ = 6.89 =.6 weeks Z = x - µ = - 5 =.9 σ.6 P(Z <.9) =.979 Determining Probability From Z Value Z P( x < weeks) = =.9767 µ = 5 x = Time (weeks) What is the probability that the project will be completed within weeks? Benefits of PERT/CPM Z = = = P(Z< -.) =.7 P( x< weeks) =.7 x = µ = 5 Time (weeks) Useful at many stages of project management Mathematically simple Uses graphical displays Gives critical path & slack time Provides project documentation Useful in monitoring costs
9 Advantages of PERT/CPM Networks generated provide valuable project documentation and graphically point out who is responsible for various project activities Applicable to a wide variety of projects and industries Useful in monitoring not only schedules, but costs as well Limitations of PERT/CPM Assumes clearly defined, independent, & stable activities Specified precedence relationships Activity times (PERT) follow beta distribution Subjective time estimates Over-emphasis on critical path PERT and GERT: A Comparison Project Crashing GERT each activity has a probability of occurrence the nodes indicate the nature of the branch probabilistic deterministic PERT all activities must take place the nodes (events) are circles and the activities are arrows Crashing reduces project time by expending additional resources Crash time is the amount of time an activity is reduced Crash cost is the cost of reducing an activity s time The goal of crashing is to reduce a project s duration at minimum cost
10 Activity times in weeks Housebuilding Network Normal Activity And Crash Data Total Normal Crash Allowable Crash Time Time Normal Crash Crash Time Cost per Activity (wks) (wks) Cost Cost (wks) Week - 7 $, $5, 5 $ - 8 5,,5 5 -, 7,, , , 7, 7, 5-6 5, 6-7 5,, 7, $75, $,7 Network With Crashing Costs Normal And Crash Relationships Activity - can be crashed a total of 5 weeks for $ Crash cost per week = Total crash cost / Total crash time = $, / 5 = $ per week $5 8 $7, $7, 6 $ $, 7 $ $ 5 $ 7, 6, 5,,,,, Crash cost Crashed activity Slope = crash cost per week Normal cost Normal activity Crash time Normal time 6 8 Weeks
11 Crashing Solution Normal Crash Total Crash Total Activity Time Time Time cost per Crashing Crashed week Cost $ $, ,5 -, ,, , 7, $,5 Crashed Project Original time Crashed time Time-Cost Relationship Time-Cost Tradeoff Crashing costs increase as project duration decreases Indirect costs increase as project duration increases Cost ($) Minimum cost = optimal project time Total cost Indirect cost Project length should be reduced as long as crashing costs are less than indirect costs Crashing Project Duration Direct cost Time
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 informationUNIT-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 informationTeori 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 informationCHAPTER 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 informationProject 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 informationOutline. 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 informationIntroduction. 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 informationA 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 informationProject 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 informationGPE 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 informationTextbook: 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 informationProject 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 informationINSE 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 informationIE 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 informationProject 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 informationPROJECT 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 informationCHAPTER 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 informationAfter 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 information6/7/2018. 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 informationPROJECT 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 informationReal-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 informationManagement 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 informationConstruction 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 informationSCHEDULE 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 informationProject 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 information1 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 informationProject 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 informationNetwork 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 informationAppendix 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 informationCHAPTER 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 informationProject 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 informationSSC-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 information06IP/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 informationProbabilistic 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 informationPROJECT 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 informationInternational 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 informationProgram 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 informationSWEN 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 informationProject 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 informationWHY 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 informationChapter 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 informationProject 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 informationPOLYTECHNIC 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 informationA 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 informationA 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 informationProgramme 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 informationMS 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 informationINSE 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 informationComparison 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 informationPlan 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 informationOptimization of Rescheduling and Economy. Analysis of the Implementation of Kwitang Office. Park Building Construction Project in Jakarta
Contemporary Engineering Sciences, Vol. 10, 2017, no. 7, 317-333 HIKARI Ltd, www.m-hikari.com https://doi.org/10.12988/ces.2017.712 Optimization of Rescheduling and Economy Analysis of the Implementation
More informationLine 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 informationChapter 11: PERT for Project Planning and Scheduling
Chapter 11: PERT for Project Planning and Scheduling PERT, the Project Evaluation and Review Technique, is a network-based aid for planning and scheduling the many interrelated tasks in a large and complex
More information11/1/2018. 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 informationProject 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 informationA 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 informationCHAPTER 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 informationAllocate 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 informationMODULE: 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 informationOptimization 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 informationCHAPTER 5 STOCHASTIC SCHEDULING
CHPTER STOCHSTIC SCHEDULING In some situations, estimating activity duration becomes a difficult task due to ambiguity inherited in and the risks associated with some work. In such cases, the duration
More informationDecision 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 informationPROJECT MANAGEMENT: PERT AMAT 167
PROJECT MANAGEMENT: PERT AMAT 167 PROBABILISTIC TIME ESTIMATES We need three time estimates for each activity: Optimistic time (t o ): length of time required under optimum conditions; Most likely time
More informationUNIT 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 informationLecture 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 informationTHE 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 informationLogistics. 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 informationEXERCISE 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 informationETSF01: 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 informationLecture 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 informationProject 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 informationThe 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 informationVALLIAMMAI 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 informationAppendix B: Glossary of Project Management Terms
Appendix B: Glossary of Project Management Terms Assumption - There may be external circumstances or events that must occur for the project to be successful (or that should happen to increase your chances
More informationMnDOT 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 informationProject 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 informationCONSTRUCTION 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 informationResearch 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 informationMnDOT 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 information56:171 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 informationMINIMIZE 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 informationNETWORK 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 informationu 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 informationCost Reduction: Planning & Control. Impacting the Bottom Line
Cost Reduction: Planning & Control Break Even Point & Decision Tree Analysis (l.u. 4/2/11) Impacting the Bottom Line Calls for an understanding of: Variation Waste & Value Investments (time, capital, resources,
More informationChapter 1. The World of Project Management. MEM 612 Project Management
Chapter 1 The World of Project Management WHAT IS A PROJECT? Why the emphasis on project management? Many tasks do not fit neatly into businessas-usual. Need to assign responsibility and authority for
More informationAssistance 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 informationInternational 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 informationECSE 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 informationA 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 informationVALUE 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 informationProject Planning. Planning is an important step in project execution. Planning means:
Project Planning Planning is an important step in project execution. Planning means: Thinking through future project actions Seeking and mentally inspecting the long path from the start to the finish Achieving
More informationHandout 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 informationIP-CIS : CIS Project Management
Meltem Özturan www.mis.boun.edu.tr/ozturan/mis301 1 Project Management Tools and Techniques (PMTT) Feasibility Analysis Organizational Breakdown Structure Work Breakdown Structure Scheduling Earned Value
More informationADVANCED QUANTITATIVE SCHEDULE RISK ANALYSIS
ADVANCED QUANTITATIVE SCHEDULE RISK ANALYSIS DAVID T. HULETT, PH.D. 1 HULETT & ASSOCIATES, LLC 1. INTRODUCTION Quantitative schedule risk analysis is becoming acknowledged by many project-oriented organizations
More informationFormulas 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 informationUNIVERSITY 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 informationPROJECT MANAGEMENT DIPLOMA COURSE
PROJECT MANAGEMENT DIPLOMA COURSE UNIT THREE PROJECT PLANNING TUTOR TALK: The Learning Outcomes for this assignment are: Describe the following: o Planning parameters o Planning quality o Developing a
More informationProgramme Evaluation and Review Technique
15 Programme Evaluation and Review Technique LEARNING OBJECTIVES : After studying this chapter, you will be able to : l l l l l l l l l Explain generic term network analysis and such related terms as Critical
More informationIns. 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 informationM 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