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PROJECT MANAGEMENT (Advantages (Pinpoint activities, Project documentation…
PROJECT MANAGEMENT
Advantages
Pinpoint activities
Project documentation
Highlight relationship
Straightforward concept
Variety project
Scheduling controlling
Monitoring
Limitations
Time subjecting
Inherit danger
Networked together
Visual tech
Clearly defined
Ethical Issue
Misleading report
Falsifying report
Withold information
Understate cost
PM Technique
CPM & PERT
Critical path
Earliest finish (EF)
EF = ES + Activity time
Latest start (LS)
LS = LF - Activity time
Earliest start (ES)
Latest finish (LF)
Critical activities
Path
Step
1) Define project
2) Develop relationship
4) Assign time
5) Compute time
3) Draw network
Slack
Slack = LS - ES
Slack = LF - EF
Gantt chart
Clear pictorial
Simple construct
Scheduling technique
Resource histogram
WBS
Specify work
Progress work
Determine PIC