Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Scheduling for project management example
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Scheduling Techniques in
Project Management
- Akshay Suresh Rao
ASSIGNMENT 1 (INDIVIDUAL) – PART 4
Scheduling plays a vital role in the success of the project. Without scheduling, you do not know what is happening within the project and if you are on track for success or leading towards the pit for failure. Hence, lot of emphasize is given on scheduling of the project. It aids the project manager in multiple folds. It helps Project Manager manage the Cost of the Project, take decisions regarding the scope or time change within the project looking at all the activities scheduled. Scheduling also helps project manager to sync-up with higher management and provide a status update on the health of the project. A good schedule can eradicate the
…show more content…
Using this you can keep keen eye on activities that trigger start of other activities. Delay in those might lead to delay in the overall project.
• As the projects become more and more complex and huge in the number of activities, it becomes more difficult for the project manager to keep track of all the activities. Critical Path comes in very handy at these times, since project manager can focus on the critical activities and the rest would be more or less be taken care of.
• It also helps maintain the efficiency of the project.
• We can estimate the completion time of the project using this method and can reduce the factor of uncertainty by considering both the shortest and longest time calculation for the critical path.
• Critical Path Method provides a complete overview of the entire project and helps get everyone aligned on the project.
Like most of the techniques, Critical Path Method also has some
…show more content…
Two main types of Compression techniques used are: o Crashing: Under this, we include addition al resources and infrastructure to support the activity and complete it at a faster rate. Hence, reducing the time needed for this activity. o Fast Tracking: Under this, we try to run activities in parallel even if they are dependent on each other. This might some times have impact of the quality aspect of the activities since things are being done in parallel when they should be done sequentially based on the dependency.
We have used both the Crashing & Fast tracking concept in our Option 1 & Option 2 recommendations for the project in the earlier pages.
Many of the limitations mentioned in the Critical Path Method especially related to Resource can be handled well with the other techniques mentioned here.
Although all of these project-scheduling techniques are very useful and present the entire data in a very presentable format for the project manager and other stakeholders, it is very critical that these be coupled with the other project management techniques to make it a successful
Nonetheless, establishing timing standards for the project, pertaining to an estimated date of completion, along with a schedule for conducting tests, is critical, according to information provided by the SANS Institute (source). For example, projects that exceed the estimated date of completion may become costly, and running tests during peak and/or critical hours may result in several technological inefficiencies for Alexander Rocco Corporation. Likewise, establishing future meetings or other form of communications for updates throughout the course of the project is also
Management tools such as 3-point estimation, critical path analysis, work breakdown structure and earned value analysis are used.
This process is aimed at ensuring the project being pursued has a potential of delivering by adhering to the allocated time, sticking to the budget and very important, meeting customers specifications (Mott McDonald, 2002). It involves assessing the projects at critical stages (also referred to as gates) in its lifecycle and thus assuring it can advance to the next stage successfully. This function is performed by an independent experienced team, after which they assure the Senior Responsible Owners that the project can progress successfully (National Academies US & National Research US, 2004). There are six critical stages (gateways) in the lifecycle of a project that the independent gateway review team will evaluate and thus provide th...
In today's business it is in the best interest of companies to have project managers. Common sense isn't always easily accomplished. Anyone who's ever worked on a project in a technical setting knows this. Indeed, much of working with others consists of solving unexpected problems and learning from mistakes along the way. Knowing this and having the proper tools a project manager will be able to manage and complete the most intense project out there.
Kezner, H. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. 6th. New York: John Wiley and Sons, Inc, 1998. Print.
Tasks grouped according to Can, Should and Will. Look Ahead planning utilized so team is always moving forward. Geared to preventing schedule slips.
“Our plans miscarry because they have no aim. When a man does not know what harbor he is making for, no wind is the right wind” a famous quote about our goal by Seneca. It is a metaphor about the achievement goal and objectives by good planning skills. One has to plan for what one wants to achieve and where one wants to go. One of the most important things is to have good planning, before taking any project the first think you should do is to create project plan. Planning can be defined as preparing a sequence of action to achieve specific goals and objectives. According to Kerzner (2009), “project planning is desirable that the project manager is involved from project conception through execution. It must be systematic, flexible to handle, closely disciplined through reviews and control and capable of accepting multi functional inputs (pg. 412)”. The importance of planning a project is to describe the work so that it will be easily identifiable to the project team member.
Concrete practices related to project selection and prioritization would help to focus on the critical projects.
Project management is said to be completed within time when it completed within the “triple constraints”: cost, time and quality. And in a lot of causes, one them is sacrificed so as to meet the other two. Project managers prioritize which ones are the most important.
The critical path method, a project management technique created in the 1950s, allows you to identify these important tasks and stay on track throughout your project. Starting as hand-drawn diagrams and evolving into automated software, the critical path method has become an essential part of planning a project.
The purpose of the new system that I will develop is to improve on the
Critical path is the series of critical tasks Critical tasks in the critical path are linked by dependencies: One task has finished before start the next task. In the Gantt chart, critical tasks appear to red which helps to creating the critical path. Microsoft Project helps you map out the critical path.
Reduces Stress: Many are stressed as a result of too much to do in very little time and become so overwhelmed mentally to the point of even becoming physically ill but with good time management skill, you know what to do and how long to do it for. Optional tasks not completed same day can be moved next day task list.
The importance of project management cannot be overstated. For starters it is important that project management provides a flexibility and structure. Project management creates flexible and well-structured business organizations by combining two organization needs perfectly. The organizational needs are determined by making the organization adaptable due to constant changes in the business, secondly organization is extremely important for creating structure. What is most important is that
After an ideal solution is selected and approved its execution through implementation is done to address the problem. All tasks in the implementation should be coordinated with a finite start and implementation closure deadlines as well as milestones. Program evaluation and Review (PERT) as well as Critical Path Method(CPM) are ideal to guide this stage.