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lecture 3 jan 13th second part of calss

lecture 3 jan 13th second part of calss - Project...

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Project Management Chapter 17 Project Management
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Project Management Learning Objectives Understand key elements in project management Depicting a project as a network of activities Finding project completion time and critical path (CPM: Critical Path Method) Project time/cost trade off: Project Crashing to benefit from early completion.
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Project Management Project Definition . Statement of project, goals, and resources required. Activity Definitions . Content and requirements of each activity. Project Scheduling . Specification of starting and ending times of all activities. Project Monitoring . Keeping track of the progress of the project. Elements of Project Management
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Project Management   Key factors in Project Management are: Project Management Triangle Performance Objectives Schedule Cost
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Project Management Project Scheduling Gantt charts are used for scheduling simple projects. Network diagrams are used for complex projects. MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Locate new facilities Interview staff Hire and train staff Select and order furniture Remodel and install phones Move in/startup Gantt Chart
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Project Management Network Representation Projects may be represented as networks with: Nodes representing activities .
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