Ch8_ProjectManagement

Ch8_ProjectManagemen - Chapter 8 Project 11 Chapter 8 Project Chapter 8 Project Management Chapter 8 Project Chapter 8 Project 22 • The Elements

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Unformatted text preview: Chapter 8 - Project 11 Chapter 8 - Project Chapter 8 Project Management Chapter 8 - Project Chapter 8 - Project 22 • The Elements of Project Management • CPM/PERT Networks • Microsoft Project • Probabilistic Activity Times • Project Crashing and Time-Cost Trade-Off • Formulating the CPM/PERT Network as a Linear Programming Model • Time-Cost Trade-Off with Linear Programming Chapter Topics Chapter 8 - Project Chapter 8 - Project 33 • Network representation is useful for project analysis. • Networks show how project activities are organized and are used to determine time duration of projects. • Network techniques used are:- CPM (Critical Path Method- PERT (Project Evaluation and Review Technique) • Developed independently during late 1950’s. Overview Chapter 8 - Project Chapter 8 - Project 44 Elements of Project Management • Management is generally perceived as concerned with planning, organizing, and control of an ongoing process or activity. • Project Management is concerned with control of an activity for a relatively short period of time after which management effort ends. • Primary elements of Project Management to be discussed- Project Planning- Project Team- Project Control Chapter 8 - Project Chapter 8 - Project 55 Elements of Project Management Project Planning • Objectives • Project Scope • Contract Requirements • Schedules • Resources • Personnel • Control • Risk and Problem Analysis Chapter 8 - Project Chapter 8 - Project 66 • Project team typically consists of a group of individuals from various areas in an organization and often includes outside consultants. • Members of engineering staff often assigned to project work. • Project team may include workers. • Most important member of project team is the project manager . • Project manager is often under great pressure because of uncertainty inherent in project activities and possibility of failure. Potential rewards, however, can be substantial. • Project manager must be able to coordinate various skills of team members into a single focused effort. Elements of Project Management The Project Team Chapter 8 - Project Chapter 8 - Project 77 Figure 8.1 The project management process The Project Management Process Chapter 8 - Project Chapter 8 - Project 88 Elements of Project Management Scope Statement • Document providing common understanding of project. • Justification describing the factors giving rise to need for project. • Expected results and what constitutes success. • List of necessary documents and planning reports. • Statement of work (SOW) - a planning document for individuals, team members, groups, departments, subcontractors and suppliers, describing what are required for successful completion on time. Chapter 8 - Project Elements of Project Management Work Breakdown Structure (WBS) (1 of 2) Chapter 8 - Project 99 • WBS breaks down project into major components (modules)....
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This note was uploaded on 11/04/2010 for the course MKTG 3340 taught by Professor Smith during the Spring '10 term at Roanoke.

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Ch8_ProjectManagemen - Chapter 8 Project 11 Chapter 8 Project Chapter 8 Project Management Chapter 8 Project Chapter 8 Project 22 • The Elements

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