The Critical Path of Rockfest Karen E. Wilkerson TUI OPM 300 Dr. Joseph Thomas June 05‚ 2011 The Critical Path of Rock Fest Project management is one of the key tools that Hard Rock Café uses to plan. Hard Rock’s Vice-President‚ Chris Tomasso states “there is no way to keep so many people on the same page.” Over 100‚000 fans attend the Rock Fest. It is not easy to plan an event like this one within the 9 month time frame in which Tomasso must use. The challenge is staying on track
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What is project management‚ and what are its main objectives? What is the relationship between tasks and events‚ or milestones? What is a work breakdown structure? How do you create one? What are task patterns‚ and how can you recognize them? Compare the advantages and disadvantages of Gantt and PERT/CPM charts. Define the following terms: best-case estimate‚ probable-case estimate‚ and worst- case estimate‚ and describe how project managers use these concepts. How does a project manager calculate
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Critical Path Analysis (CPA) Critical Path Analysis: A project-management technique that lays out all the activities needed to complete a task‚ the time it will take to complete each activity and the relationships between the activities. Sets out all the individual activities that make up a larger project. Shows the order in which activities have to be undertaken. Shows which activities can only take place once other activities have been completed. Shows which activities can be undertaken
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Critical Path Procedure 1. Develop a list of the activities that make up the project. 2. Determine the immediate predecessor(s) for each activity in the project. 3. Estimate the completion time for each activity. For example: Activity Immediate Predecessor Time A - 3 B - 1 C - 2 D A‚ B‚ C 4 E C‚ D 5 F A 3 G D‚ F 6 H
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Management‚ National Central University‚ No. 300‚ Jhongda Rd.‚ Jhongli City‚ Taoyuan County 32001‚ Taiwan b R&D Center for Construction Project Management‚ Chung Hua University‚ No.707‚ Sec.2‚ WuFu Rd.‚ Hsinchu‚ 300 Taiwan Received 7 February 2010; received in revised form 12 June 2011; accepted 16 June 2011 Abstract Assessing schedule delay ’s impact on total project duration to distribute delay liability remains a controversy. None of existing delay analysis methods is perfect because including an
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Decision Making 11-13. Benefits of Quantitative techniques 14-17. Decision tree Diagram parts 18-23. Steps of the CPM of project planning 24-25. Two possible ways of representing activity in Network Planning Techniques 26-30. Parts of project network 31-32. Two project management techniques 33-36. 4 situations in network diagram 37-40. 4 Events in History Critical Path Method (CPM) Answers: 1. Formulating the problem 2. Defining decision variable and constraints 3
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The critical path of the project is: Activity 1 Activity 2 Activity 5 Activity 7 Activity 10 Activity 13 Activity 15 As audit of liquid assets (activity 4) is not on the critical path‚ it is not a critical activity. This slack job has a slack time of 178 hours for which slack time= late start time – early start time (231-53) = late finish time – early finish time (266-88). The project duration will not be affected even if David takes his one week vacation as the slack time is as long as
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and evaluation of their interrelationship between the different processes and functions Structure of Ritz Carlton The Ritz-Carlton is an international luxury company. It is a complex system within 80 properties worldwide and using 17 languages. To take most advantages in coordination‚ communication and focus on the tasks‚ Ritz-Carlton applies geographic structure in their business. Figure 1: Ritz-Carlton’s geographic structure It is easy to manage and control business in different areas by geographic
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Critical Path Analysis – Revision Guide CPA is a project analysis and planning technique that identifies the individual tasks of a project‚ places them in the correct sequence and allows for identification of the critical path In order to construct a CPA‚ you need: 1. List of all the activities required to complete the project 2. The time (duration) that each activity will take to completion 3. The dependencies between the activities (e.g.: activity D cannot be completed until activity
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CRITICAL PATH ANALYSIS To be completed successfully‚ a project needs to be planned and managed‚ costs determined and times allocated‚ problems dealt with and‚ eventually‚ concluded. Formal methods of managing a project offer clear guidelines and deadlines. The key elements of project management include: • defining the project carefully‚ including the setting of clear objectives • dividing the project up into manageable tasks and activities • controlling the project at every stage to check
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