Preview

Week 5 Assignment (Project Management)

Better Essays
Open Document
Open Document
970 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Week 5 Assignment (Project Management)
Introduction to Project Management (Week 5: Assignment)
Introduction

The project manager of a construction company has developed the following network diagram for her building construction project. After receiving the plans, the manager must coordinate a number of tasks. Key areas she want to focus on, is time and risk. “Planning is responsible for project Time Management. The Plan process selects a scheduling methodology, tool, sets the format and establishes criteria for developing and controlling the schedule of a project. Rules and approaches for scheduling process are defined by the scheduling methodology”. PMI (2008)

She uses the three-point technique “An analytical technique that uses three estimates to represent three scenarios (optimistic, most likely, and pessimistic)” PMI (2008) to estimate durations of each tasks.

She uses the following calculations methods.

Critical Path

As critical Path is the driver for project completion, must be analyzed. The way we identify critical path in the network diagram is by adding the duration of each task path Wysocki (2012), Addition of the total duration of the project task is the critical path. Formula used to calculate expected time (O + 4M + P) / 6 (Optimistic –Most likely –Pessimistic).

The critical path is A – C – F – H – J. The project will therefore take 39 weeks to complete. This is identified with the calculated durations in the table below.

Method to calculate earliest start and earliest finish

Forward pass method through the network diagram is used, below three steps are used to find out ES and EF 1- The ES of the first task in the project is set to one “first day of the start of project work”, Wysocki (2012). The EF of any task is its ES plus its duration minus one “the reason for subtracting 1 is the fact that task starts at the beginning of a time unit” Wysocki (2012), so ES = 1, and EF = 1 + 7 - 1 = 7 2- Then go to the next task in the path, take the EF of the

You May Also Find These Documents Helpful

  • Good Essays

    -2- 6. The critical path of a project network is the: a. shortest time path through the network. b. path with the fewest activities. c. path with the most activities. d. longest time path throught the network.…

    • 882 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Step 2: Answer the following questions: (15 points total) a) What is the Scheduled Completion of the Project? (5 points) b) What is the Critical Path of the Project? (5 points) c) What is the ES for Activity D? (1 points) d) What is the LS for Activity G?…

    • 556 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    QAT1 Task 4

    • 501 Words
    • 7 Pages

    E 7.5 14 12.5 19 6.5 F 7 7 17 17 0 CRITICAL G 17 17 23.5 23.5 0 CRITICAL H 18.5 19 29.5 30 0.5 I 23.5 23.5 30 30 0 CRITICAL J 30 30 33.5 33.5 0 CRITICAL a. Duration of project: 33.5 weeks b. Slack for task A: 6.5 weeks c. Slack for task H: 0.5 weeks d. Task F scheduled start: week 7 e. Task I scheduled completion: week 30 4.…

    • 501 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Managerial Statement: The expected duration of the project is 31 working days. Critical Activities are I, J, K, L, and M.…

    • 678 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Huffman Trucking Benefits

    • 278 Words
    • 2 Pages

    The Critical Path Method will indicate the longest path of planned to the end of the project. It is a very good tool to use because it will give the Project Manager a good idea of what tasks that must be completed on time in order for the project to continue smoothly. This method is commonly used in the development of new…

    • 278 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 3 Aib Problems

    • 895 Words
    • 4 Pages

    Once the homework assignment has been graded, the solution key will be made available. The network diagrams will be provided, along with the answers to the questions.…

    • 895 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    mis 302

    • 1114 Words
    • 5 Pages

    Project Management Activities: Planning-Objectives Resources Work Break-down Structure Organization Scheduling- Project Activities, Start & End Times, Activity Network Controlling-Monitor, Compare, Revise, Action Work Breakdown Structure: WBS is a hierarchical decomposition of the project into phases, deliverables and work packages. 1.Project 2. Major Tasks in the project 3. Subtasks in the major tasks 4.Activities (or “work packages”) to be completed Project Controlling: Close monitoring of Resources, Costs, Quality, Budgets. Feedback enables revising the Project Plan and Shift Resources. Computerized tools produce extensive reports Six Steps PERT & CPM: 1. Define the Project and prepare the Work Breakdown Structure 2. Develop relationships among the activities - decide which activities must precede and which must follow others 3. Draw the network connecting all of the activities 4. Assign Time and/or Cost Estimates to each activity 5. Compute the longest time path through the network – this is called the Critical Path 6. Use the network to help Plan, Schedule, Monitor, and Control the project Perform a Critical Path Analysis: The Critical Path is the Longest Path Through the Network…

    • 1114 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Mgmt8665 - H M S Pinafore

    • 297 Words
    • 2 Pages

    Your task is to construct a network diagram for this project, identify the critical path and address a number of managerial issues. Given the case presentation, you will extract a work breakdown structure and an activity list. Enter your project data on to MS Project. Save the project baseline. This represents the half the assignment grade because it evaluates your use of the project management software.You will find that there is a difficulty in meeting the opening night schedule (if you follow the text exactly). Your task is to solve the scheduling problem by considering the impact on the quality of the performance as well as the additional stress on the participants. Implement your scheduling solution by saving a second baseline. Deliverable: Write a short report (6-10 pages) which extracts the key data from the schedules created in MS Project. The topics are to include (15 points): * Description (5) * A brief description of the Pinafore project task * A brief description of the main task areas (i.e. upper level of the WBS) * The logic behind the schedule (give reasons for predecessor and successor relationship; what are the key schedule constraints) * Original Solution (5) * Statement of the original schedule: i. Your Gantt chart ii. Your entry table including the task name, Duration, start, finish, predecessor, successor, Resource and cost (see below) iii. Comment on the scheduling problem * Your Solution (5) * Statement of the final schedule: iv. Your Gantt chart v. Your entry table including the task name, Duration, start, finish, predecessor, successor, Resource and cost (see below) * Justify your solution: clearly identify the impact on project risk, quality, cost and human resources Submit a word document only to LMS…

    • 297 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Do we have an allotted time to finish the project, or do we have indefinite time to complete this?…

    • 767 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Dragonfly case study

    • 1041 Words
    • 5 Pages

    1. The activities involved for the project schedule can be represented using Central Path Method (shown below) showing various interdependence and parallelism among activities.…

    • 1041 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Individual Project 2

    • 251 Words
    • 2 Pages

    4.Based on your knowledge of your anticipated resources you will have to do the work of the activities, estimate the durations of the activities. You may use Microsoft Project now, or defer use of Microsoft Project to the Phase 4…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    R.C. Coleman Case Study

    • 435 Words
    • 2 Pages

    1. Although the company desires the warehouse expansion completed within 40 weeks, there is only a 10.38% capability to achieve that goal. Laid out below are the networks drawn out and then the critical path is laid out below it for the optimistic outlook on completion time, the most likely outlook and then the pessimistic outlook for the project to be completed. As seen, the best estimated finish time is 28 weeks, most likely is 42 weeks, and the pessimistic is 66 weeks for the project to be complete.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    However, a network does not give an accurate indication of time - as opposed to a Gantt…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Does this information (WBS) allow you to define any milestones of the project? Why or why not? What are they?…

    • 576 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A&D High Tech (A)

    • 613 Words
    • 3 Pages

    3. What is (are) the critical path(s) in the project? What is the level of risk in completing tasks on the critical path(s)? Explain.…

    • 613 Words
    • 3 Pages
    Good Essays

Related Topics