Dr Ahire - MGSC 395 - Project Management Handout_1

Dr Ahire - MGSC 395 - Project Management Handout_1 - MGSC...

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MGSC 395 SURVEY OF OPERATIONS MANAGEMENT PROJECT MANAGEMENT LECTURE NOTES BY PROFESSOR SANJAY AHIRE
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INTRODUCTION Definition of a project o A series of related jobs directed toward a major output, requiring a significant amount of time. Project Management o Planning, directing, and controlling resources (people, equipment, material) to meet the technical, cost, and time constraints of a project. Work Breakdown Structure (WBDS) o Hierarchy of various elements of a project. Level 1: Program Level 2: Project Level 3: Task Level 4: Subtask Level 5: Work Package Critical Path Scheduling o Set of graphic techniques used in planning and controlling a project. o Tools/models to deal with 3 dimensions Time Time and Cost Limited Resources o PERT and CPM used as Time-Models, their extensions used as Time-Cost Models. o PERT U.S. Navy (1958), Probabilistic time estimates o CPM CRITICAL PATH SCHEDULING
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Dr Ahire - MGSC 395 - Project Management Handout_1 - MGSC...

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