Chapter+8+-+Project+Management+-+Handout

Chapter+8+-+Project+Management+-+Handout - Chapter 8...

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Project Management Chapter 8
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Introduction to Project Management Projects can be simple (planning a company picnic) or complex (planning a space shuttle launch). Successfully completing a project requires: knowledge of the tasks involved accurate estimates of time and resources required knowledge of physical and logical relations between the various tasks Project management techniques Critical Path Method (CPM) Program Evaluation and Review Technique (PERT) Spreadsheets can be used to manage projects, but dedicated project management software is often more effective.
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Primary Elements of Project Management Project Team Individuals selected due to their expertise associated with projected activities; often from diverse areas with different skills. Project Planning Clearly define objectives; statement of work to be accomplished and time frame Project Control Focus on work being done and maintaining the schedule and completion time
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Elements of Planning Stage Define objectives Identify activities Establish precedence reletionships Make time estimates Determine project completion time Compare project schedule objectives Determine resource requirements
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An Example: Lightner Construction Tom Lightner is the owner of Lightner Construction, a general contracting company specializing in the construction of single-family residences and small office buildings. Tom frequently has numerous construction projects going on at the same time and needs a formal procedure for planning, monitoring, and controlling each project. He is aware of various project scheduling techniques but has never used them. He wants to see how he might apply such techniques to one of the home-building projects he will be undertaking in the near future. The following table summarizes each of the major activities required for this project.
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Summary of Activities Time Immediate Required Predecessor Activity Description (in days) Activity A excavate 3 -- B lay foundation
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This note was uploaded on 11/21/2011 for the course BIT 3104 taught by Professor Norttingham during the Spring '10 term at Virginia Tech.

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Chapter+8+-+Project+Management+-+Handout - Chapter 8...

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