Week 3: Project Costs and Reducing Duration - iLab
Week 3 Lab Overview
Hey, it’s our Project Manager – you are becoming a pro at this MS Project work! Are you ready for the iLab this week? We start our iLab this week by using the
results of Week 2’s assignment. You should make sure to use the posted starting file for Week 3, which you will find in the Doc Sharing. Once you have it open
in MS Project, we are going to spend this week working on assigning resources to the tasks. Then, based on a change of requirements in your project, we need to
go through a crashing activity on the project.
ACME Company has resources they have provided for this project. As part of your assignment, you will be given a resource chart which includes the resource,
their skills, the number of resources available to the project, and their Percent of Allocation to the project.
Let’s talk about this for a minute.
On a project, we will have specific individuals. As a project manager at this time, however, we just need to identify the skilled position needed. For example, we
may need three full time plumbers for two weeks on our project. This means that we need 3 x 100% or 300% (which translates to 40 hours per week x 3 or 120
hours of plumber resource per week). This could be four physical resources if you had 2x100% and 2x50%. The math still adds up to the 300% needed. Let’s
say we can’t get 300% per week, then our timeline will change. We had identified 300% for two weeks, which is 240 hours of work. If we get 2x100%, then we
have 80 hours per week, so in two weeks we only have 160 hours and are 80 hours short. This means it will take us three weeks to complete the work, and
not two weeks as planned.
Now that we are more familiar with Resources in MS Project, let’s start working on our MS Project plan.
Follow the steps below to complete this week's iLab.
i L A B S T E P S