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SMA mod 4, E - MA ROLE IN PROJECT IMPLEMENTATION & CONTROL pg 320, D -…
SMA mod 4
E - MA ROLE IN PROJECT IMPLEMENTATION & CONTROL
pg 320
MONITORING PROGRESS
pg 320
fig 4.15 3 critical factors for monitoring progress pg 320
MONITORING COSTS
pg 321
THE EARNED VALUE METHOD :TIME VERSUS COST pg 331
fig 4.16 reporting project progress pg 323
eg 4.17 water supply co pg 323
eg 4.16 controlling project costs pg 321
MONITORING SPECIFICATION & QUALITY
pg 335
fig 4.17 3 stages of project quality management pg 325
QUALITY COSTS pg 336
fig 4.18 quality costs pg 337
eg 4.18 project disputes pg 336
MEASURING PERFORMANCE
pg 337
IMPORTANCE OF PROBITY IN PROJECTS
pg 338
RISK MANAGEMENT
pg 339
eg 4.19 risk management pg 339
fig 4.19 risk management strategy pg 339
1) having the right project team
2) monitor known risks
3) monitor for unknown risks
4) establish contingency responses
5) the risk return trade - off
STAKEHOLDER MANAGEMENT
pg 341
fig 4.20 stages of stakeholder management pg 341
D - MA ROLE IN PROJECT PLANNING
pg 316
eg 4.13 It project in service based org pg 317
PROJECT SCHEDULING
pg 317
2) PERT :PROGRAM EVALUATION & REVIEW TECHNIQUE pg 319
step 1 draw the network diagram pg 319
fig 4.11 activity on arrow network diagram pg 319
fig 4.12 activity on node network diagram pg 320
eg 4.15 drawing a pert diagram pg 320
step 2 calculate expected time pg 321
step 3 define the critical path pg 322
fig 4.13 completed pert diagram
step 4 calculate slack pg 323
3) CRITICAL PATH METHOD - CRASHING PROJECTS PG 324
Define cash durations & costs pg 324
define financial benefits from crashing a project pg 324
define the order of activities to crash pg 325
cost optimising pg 325
fig 4.14 cost behaviour in cost-time optimisation decisions pg 325
1) GANTT CHARTS pg 317
eg 4.14 gantt charts pg 318
PROJECT BUDGETING
pg 328
PROJECT MANAGEMENT SOFTWARE pg 328
SUPPLIER CONTRACTS
pg 329