s8_ProjectManagement-2

s8_ProjectManagement-2 - ProjectManagement&...

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Critical Path Models Session 8 – Chap. 3 OM 301-002, Operations Management, Spring 2010
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Agenda Major Subjects Project Management Project Planning Project Scheduling Project Control CPM/PERT Techniques CPM with a Single Time  Estimate Time-Cost Trade-Off Models CPM with Three Time  Estimate Learning Objectives Identify some project  management issues Learn how to construct a  network diagram based on  predetermined activity/job  precedence  Learn how to apply CPM  solution procedure to find  critical path(s) Know how to shorten project  completion time with  minimum crash costs Understand how to handle  random activity times
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Project Management Application Examples New product development Production of low-volume,  customized, one-of-a-kind  products (e.g, subway system,  commercial aircraft, wedding) Organizational Structures Pure project Functional project Matrix project Management Concerns Task-related variables People-related variables Leadership variables Organization variables Project Management Phases Planning Scheduling Controlling
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Work Breakdown Structure Critical Path Scheduling CPM (Critical Path Method) PERT (Program Evaluation and  Review Technique) Gantt Chart Bar/Milestone Chart Level 1 Project 2 Major Tasks 3 Subtasks 4 Work Packages
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Cost and Performance  Tracking Schedule Computer Programs Primavera (by Primavera  Systems, Inc.) MacProject (by Apple  Computer Corp.) Pertmaster (by Westminster  Software, Inc.) VisiSchedule (by Paladin 
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s8_ProjectManagement-2 - ProjectManagement&...

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