Project Management Cpm Gantt - 4148 Words

1a) Network Diagram Gantt Chart: Critical Path The critical path for the Nottingham Rugby Stadium project is: Clear site – Drive support piles – Pour lower concrete base – Build roof supports – Construct roof – Install roof – Inspection This means these activities have no slack and therefore any delay in them will lead to the whole project being delayed. Project Duration The project commences on the Monday June 2nd 2008, and finishes on Friday January 14th 2011, which means work covers 670 days. Milestones Milestones are shown on the Gantt chart with a pink star, and on the network diagram as a diamond shape. These are the key tasks at which the project team should assess its progress. The first milestone is†¦show more content†¦As bad weather will affect the running time of the project, the PM could build a temporary shelter over the section of the stadium being worked on at one time. Therefore the construction team can carry on working in any weather which could overcome the delay. This is a common problem for projects in England for example work to widen a bridge on the M1 was delayed due to cold weather as â€Å"low temperatures brought work to a halt† (BBC News, 21.3.08). The shelter will cost money and time to put up and the PM will have to assess whether this option would be worthwhile, and even possible, for the completion of the project. Related to this point is the option that the PM could re-negotiate the terms of the penalty imposed on West Construction. For example if the penalty is caused by something out of the team’s control e.g. bad weather then the penalty should be reduced or shared between West Construction and Nottingham Rugby Football Club. Also in terms of the ‘time’ aspect of the project the PM could shift resources e.g. people, equipment, etc, from non-critical to critical activities i.e. the critical path. It is frequently required to re-estimate the duration and staffing requirements of the critical path as the project progresses and changes occur (Kumar, 2005). The non-critical activities could then be allowed to consume their slack which will not affect theShow MoreRelatedGantt Chart1663 Words   |  7 PagesGantt Chart Introduction. A Gantt chart is a visual project management tool first developed and used by Henry Gantt during World War I. Gantt charts, also known as bar charts, time lines, or milestone charts are one of the most popular and useable ways to present project information. The parts of a Gantt chart. A Gantt chart lists tasks or phases of a project from top to bottom and has time running from left to right. Each task has a start date and duration (or end date). Planned tasks are usuallyRead MoreProject Management : Program Evaluation And Review Technique874 Words   |  4 Pagestechniques that a project manager must master is the Program Evaluation and Review Technique (PERT) or Arrow Diagram Method (ADM) as known by the Project Management Institute. This method is one of the most common scheduling models in project management (Meredith Mantel, 2009, p 21). A method that analyzes the probabilities of a project finalizing on time. The PERT identifies the worst, best and most likely case scenarios and aids the project manager in developing a simple project schedule while consideringRead MoreProject Management As The Management Of The Work1404 Words   |  6 Pages the project management as the management of the work, including work break down structure, to develop and implement a new idea, innovation or a change in an existing process of the organization. Project management is accomplished by planning the project, controlling the project activities subject to the resource and budget constraints, identified and mitigates the risk to keep the project on schedule. PERT/CPM techniques PERT/CPM are two popular tools which are derivatives of the Gantt chartRead MoreProject Management Methodologies For The Development Essay981 Words   |  4 PagesCHAPTER TWO LITERATURE REVIEW INTRODUCTION The first chapter introduced the research problem that raised the question of whether adaption project management methodologies can be tailored down to Nigerian SMEs. This chapter presents the academic literature pertinent to the research, and places it in context of the research. The aim of this chapter is to provide the background information of the research topic and to show the gaps in the research literature, so as to identify the areas this researchRead MoreProcesses Involved in Planning, Scheduling, and Budgeting of Information Technology Projects1413 Words   |  6 PagesInformation Technology Projects Introduction Organizations of all types and sizes engage in project planning, scheduling and budgeting to achieve their goals, but information technology projects have some special qualities that make these processes more challenging. Project managers must take a wide range of factors into account in formulating their approaches to software development, including the fact that current processing speeds will likely be twice as fast as when the project is completed comparedRead MoreElectronic Medical Records (Emr) Project` Essay1615 Words   |  7 PagesRunning Head: ELECTRONIC MEDICAL RECORDS (EMR) PROJECT` Patton-Fuller Community Hospital Electronic Medical Records (EMR) Project CMGT/410 University of Phoenix Table of Contents Electronic Medical Records (EMR) Project 3 Background 3 Statement of Need 3 Objectives 3 Mission and Goals of Project 3 Tasks 4 Work Breakdown Structure (WBS) 5 Critical Path Method (CPM) 6 Performance Measurement 8 Project Plan 8 References 10 Table of Figures Figure 1: Level One 5 FigureRead MoreThe Critical Path Method ( Cpm )1023 Words   |  5 PagesProject Management Imani Jackson, Harley Jensen, Stephen Cimino University of Bridgeport Introduction: In almost every business, project management is critically important. The critical path method (CPM) will provide a timeline for the project manager for when tasks should be completed. In addition, providing a deadline and the negative effects it will have on the following successors if not completed on time. These many task are interdepended. Therefore, the CPM provides the start and finishesRead MoreCompanys Critical Needs For The Payroll System1586 Words   |  7 Pagesorganization’s needs. Gantt Chart An important aspect of planning projects is scheduling tasks and milestones. An easy way to create and communicate project schedules is by using a Gantt chart. A â€Å"Gantt chart is a graphic display of schedule related information† (Kloppenborg et al., 2012, p. 192). It is a bar chart, with each bar representing a task’s start and finish time (Kloppenborg et al., 2012). All successful projects must meet the constraints of time. A Gantt chart allows project teams to scheduleRead MorePert, Gantt Charts and Work Breakdown Structure988 Words   |  4 Pageshelp managers with planning the schedule of projects that involve sequential activities. A PERT chart identifies the amount of time that is required to complete the activities in a project, and the order of the steps that occurs throughout the project. Each activity is assigned an earliest and latest start time and end time; activities with no slack time are said to lie along the critical path, this is the path that must stay on time for the project to stay on schedule (Ingram, 2013). One of theRead MoreProject Management1527 Words   |  7 PagesAssignment #3: Project Management Dr. Zelphia Brown August 12, 2012 HRM 520 Information Systems Construct a Cost-Benefit Analysis matrix for an organization that is considering replacing its internal payroll system with a payroll outsourcing service. Include direct and indirect revenue enhancements and direct and indirect cost reductions. For an organization which is considering replacing its internal payroll system with a payroll outsourcing service, the direct revenue enhancements and cost reductions