• Book
Structure Estimating Activities Sequencing Activities 57 59 75 79 97 viii CONTENTS Chapter 10: Chapter 11: Chapter 12: Chapter 13: Chapter 14: Calculating the Critical Path Preparing Schedules Preparing Resource Plans Preparing Budget Plans Getting Approvals and Compiling a Project Charter...
• Pert
Estimations Term PERT Value (Expected duration) Standard Deviation (Sigma) Variance Formula {Pessimistic+ (4*Most Likely) + Optimistic} 6 Pessimistic – Optimistic 6 (Standard Deviation)2 For more than one task (e.g., for a project where all tasks lie on the critical path) Term Project PERT Value Project...
• Project Management Study Guide
method. 3. planning tool. 4. rule of thumb. Answer: D 6 If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is cost variance (CV)? 1. 350 2. -75 3. 400 4. -50 Answer D 7 A project manager has just been assigned to a new project and has...
reduce a given project’s duration through crashing selected activities. Five conditions were shown in the project with one normal condition and four crash conditions. A network analysis was carried out using Activity on Node (AON) method to show the project duration, critical path, Earliest Start Time ...
• Principles of Operation Management
Project Management • • • • • Introduction to project management Critical path method (CPM) Crashing Uncertain activity durations Reading: Page 760 – 794 Project • Project: – A special type of process / transformation – A series of related jobs directed toward some major output – Require time and...
• decision making
• Ops Test 3
two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend...
• Operations Formulas
errors Actual – Forecast Week 3 Activity on node (activity in each circle) – this example the critical path 39 days Activity | Time | Preceded By | A | 12 | -- | B | 8 | A | C | 6 | A | D | 11 | B | E | 14 | C | F | 3 | C, D | G | 5 | E, F | Earliest Start/Finish Times (Textbook...
• Mot Solution
Project Management • Introduction to project management • Critical path method (CPM) • Crashing • Uncertain activity durations • Reading: Page 760 – 794 Project • Project: – A special type of process / transformation ...
December 11, 2009 Time: 7:00 pm Location: All sections according to surnames: ABD-HAL: Curtis Lecture Halls C HAQ-NYS: Curtis Lecture Halls D OJO-ZHA: Curtis Lecture Halls E All those who need to take the make-up midterm, the room is Curtis Lecture Halls E, regardless of your surname. Duration: 2...
• specialization
Management What is a project? A friend may say, “I’m going to clean the garage this weekend, it’s going to be a real project. Your boss come to you on that clean, sunny day afternoon and says”, I have a small project for you that you should be able to finish by the close of the business. What do all those...
• Scm 301
has used Project Management principles to lay out the task relationships, and she finds they do not have enough time to make the performance date if they follow the traditional schedule as outlined below. Laura has come up with a list of tasks, their time requirements, and their relationships.  She...
• Project Management
project. The basis logic behind on the these projects are; a. Investment of resources for a specific objective and b. a cause of irreversible change. What is a project? Project is a scientifically evolved work plan devised to achieve a specific objective within a specific period of time. It can...
• Walmart
Carla Sonnier MGT 4460 Assignment 3 9 July 2012 Time-Cost Time-Trade Off 1. What is time-cost trade-off methodology, and when is it used? Crashing is a technique for making cost and schedule time trade-offs to obtain the greatest amount of time compression for the least incremental cost. This...
• Project Scheduling Assistance
` RFP Number: 11-011-C1 Project Title: Project Scheduling Assistance Name and Address of Proposer: Michael H. Azma, Managing Partner Genesis Technology Services Group LLC. 3311 Starline Dr. Rancho Palos Verdes, CA, 90275 Phone: (310) 514-2000, Fax: (310) 424-2990 Email: MAzma@GenesisGroupLLC...
• Spm Notes
different techniques Unit I Introduction Project – Definition In the broadest sense, a project is a specific, finite task to be accomplished. Any activity that results in a deliverable or a product. Projects always begin with a problem. The project is to provide the solution to this problem...