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CHAPTER 8: PROJECT MANAGEMENT (Ethical Issues (Temptation to understate…
CHAPTER 8: PROJECT MANAGEMENT
PROJECT
OBJECTIVE
relate to time
cost
performance/quality
EXAMPLES
Building construction
Research Project
ACTIVITIES
Planning
Scheduling
Controlling
Ethical Issues
Temptation to understate costs
withhold information
Misleading status reports
Falsifying records
Compromising workers' safety
Approving substandard work
Key decisions
Deciding the projects
Select project manager
Select project team
Plan and design project
Manage and control project resources
Decide if and when a project should terminate
Techniques
Ghantt chart
Scheduling technique
After WBS
Clear pictorial model
Simple to construct
CRITICAL PATH METHOD
ADVANTAGES
Controlling large project
Straightforward concept
Graphical network
Critical path help pinpoint
STEPS
Define project
Develop relationship
Draw network
Assign time
Compute longest time
Use network
LIMITATIONS
Must clearly define
Must specified precedence relationship
Subjective time estimated
Inherent danger
Program evaluation
RESOURCES HISTOGRAM
Effectively visual techniques
Determined time and budget availability