INFS3059_Lect09_S2_2010

INFS3059_Lect09_S2_2010 - INFS3059 Project Management and...

This preview shows pages 1–4. Sign up to view the full content.

1 Lecturer: Dr Walter Fernández PAP Moran Room 2049 INFS3059 Project Management and Information Systems 9 http://wattlecourses.anu.edu.au/course/view.php?id=6790 2 c Administration Exam Next week seminar c BioSolar Program: progress report c Resource Planning CPM project crashing Resource allocation Resource loading Agenda Exam Question 31 c 31. ____ is a network diagramming technique used to predict total project duration. a. A Gantt chart b. Critical path analysis c. Critical chain scheduling d. PERT analysis c Week 10 Seminar: 10AM-12Noon 3 5 BioSolar Program: progress report 6 Progress report c Groups report Progress to date Issues and opportunities 7 Questions?

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
2 8 Resource Planning 9 Critical Path Method - Crashing a Project -1 c CPM includes a way of relating the project schedule to the level of physical resources allocated to the project c This allows the project manager to trade time for cost, or vice versa c In CPM, two activity times and two costs are specified, if appropriate for each activity 10 Critical Path Method - Crashing a Project - 2 c The first time/cost combination is called normal, and the second set is referred to as crash c Normal times are “normal” in the same sense as the ‘m’ time estimate of the three times used in PERT c Crash times result from an attempt to expedite the activity by the application of additional resources 11 Critical Path Method - Crashing a Project - 3 c Careful planning is critical when attempting to expedite (crash) a project c Expediting tends to create problems; and the solution to one problem often creates several more problems that require solutions 12 Crashing – Sample Network 1 2 3 4 5 6 7 3 6 10 11 8 5 6 0 Critical Path = 3 + 6 + 8 + 6 = 23 Time Units (i.e., days) 13 Crashing – Sample Network 1 2 3 4 5 6 7 \$50 \$80 \$100 \$70 “Normal” Project Total Cost = \$50 + \$80 + \$100 + \$70 + \$60 + \$50 + \$40 = \$450 Critical Path = 23 Days 3 6 8 6 \$60 \$50 \$40 10 11 5 Calculate the “Normal” Project Total Cost
3 14 Crashing – An Example Activity Normal Time Normal Cost Crash Time Crash Cost Slope Max Crsh Tm 1-2 3 \$50 2 \$70 20 1 2-3 6 \$80 4 \$160 40 2 2-4 10 \$60 9 \$90 30 1 2-5 11 \$50 7 \$150 25 4 3-6 8 \$100 6 \$160 30 2 5-7 5 \$40 4 \$70 30 1 6-7 6 \$70 6 \$70 0 0 15 Crashing – Sample Network 1 2 3 4 5 6 7 \$70 \$80 \$160 \$70 “Crashed” Project Total Cost = \$70 + \$80 + \$160 + \$70 + \$60 + \$50 + \$40

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 8

INFS3059_Lect09_S2_2010 - INFS3059 Project Management and...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online