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

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

Info icon This preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Project Management Chapter 8
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
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.
Image of page 2
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
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
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
Image of page 4
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.
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern