8. Project Management.ppt

8. Project Management 8.1 Network Models of a Project 8.1 Network Models of a Project - example 8.2 Deterministic time estimates 8.3 Probabilistic time estimates 8.3.1 Three time estimates 8.3.1 Three time estimates - example 8.3.1 Three time estimates - example 8.4 CPM: Critical Path Method 8.4.1 Project Network (AOA) 8.4.1 Project Network (AOA) - conventions 8.4.1 Project Network (AOA) – labeling events’ starting time for each activity 8.4.1 Project Network (AOA) – finding CPM 8.4.1 Project Network (AOA) – TF FF 8.4.1 Project Network (AOA) – TF FF – example 8.5 Project Network (AON) - Linear Programming Model 8.5 Project Network (AON) - Linear Programming Model cont’s 8.6 Project Cost 8.6 Project Cost – cont’s * PERT and CPM: techniques for planning and coordinating large-scale projects. PERT: program evaluation and review technique. CPM : Critical path method Graphically displays project activities Estimates how long the project will take Indicates most critical activities Show where delays will not affect project Project Network (precedence) Diagram AOA (Activity on Arrow model) The tasks (activities) are represented by arcs (arrows) in the network AON (Activity on Node model) The tasks (activities) are represented by the nodes in the network Example: A company is about to introduce a product (#3). One unit of product #3 is produced by assembling one unit of product #1(C) and one unit of product #2(D). Before production begins on either product #1 or #2, raw materials must be purchased (B) and workers must be trained (A). Before products #1 #2 can be assembled into product #3 (F), the finished product #2 must be inspected (E). 6 9 8 7 10 12 None None A, B A, B D C, E A = train workers B = purchase raw mtrls C = produce product #1 D = produce product #2 E = test product #2 F = assemble product #3 Duration (days) Predecessors Task 6 9 8 7 10 12 None None A, B A, B D C, E A = train workers B = purchase raw mtrls C = produce product #1 D = produce product