Professional Documents
Culture Documents
Technique (PERT)
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PROJECT SCHEDULING
• The allocation of
resources to optimize the
time and cost of project is
called 'scheduling'.
• Schedule is a listing of a
project milestone
activities, and
deliverables, usually
intended start and finish
dates.
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Scheduling Tools
• Gantt Chart
• Network Diagrams
• Critical Path Method (CPM)
• Program Evaluation & Review Technique
(PERT)
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GANTT CHART
Network Diagrams
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Network Diagrams
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Example
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Critical Path
Sequence of tasks that forms the longest duration of the
project
Float
Amount of time that an activity may be delayed from its
earliest possible start date without delaying the project
finish date
Latest possible finish date – earliest possible start –
duration = total float
Budgeting
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PERT Estimating
o The Optimistic time (O) and Pessimistic time
(P) reflects the minimum and maximum
possible periods of time for an activity to be
completed. The Realistic timeor the Most
likely time , reflects the Project manager’s
“Best Guess” of the amount of time required
for a task completion.
o Expected = [O + 4R + P] / 6
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CPM PERT
CPM uses activity oriented network. PERT uses event oriented Network.
Estimate of time for activities are
Durations of activity may be not so accurate and definite.
estimated with a fair degree of
accuracy.
Deterministic concept is used. Used extensively in Probabilistic model concept is used. Used mostly in projects
construction projects. A single time estimate is used in CPM of non- repetitive nature such as software development or
R&D.
Three time estimates are used,
optimistic, most likely and pessimistic.
CPM can control both time and cost when planning. PERT is basically a tool for planning
In CPM, cost optimization is given prime importance. The In PERT, it is assumed that cost varies directly with time.
time for the completion of the project depends upon cost Attention is therefore given to minimize the time so that
optimization. The cost is not directly proportioned to time. minimum cost results. Thus in PERT, time is the controlling
Thus, cost is the controlling factor. factor.
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Boil Water
Add water and Milk to cup
3
Heat Milk
2
Heat Milk Add water and Milk to cup
1 3
1 3
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Exercise
EXERCISE
Immediately
Activity preceding activities
duration
A Shower - 3
B Dry hair A 8
C Fetching car - 7
D Iron clothes - 12
E Dress and make-up B,D 10
F Drive to interview C,E 20
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General Comments:
Bar (Gantt) Charts
Weak Planning Tool, effective progress and reporting tool
Does not show interdependencies of tasks
Does not help organize the project more effectively
Network Diagrams (PERT, CPM, PDM)
Shows task interdependencies
Aids in effectively planning and organizing work
Provides a basis for project control
Milestone Charts
Only shows major events
Good for reporting to management and customer
Flow Charts
Depicts workflow and not commonly used for project management
https://www.officetimeline.com/14-days-trial
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Today
6/18/2017 7/31/2018
Kick-Off Submission
https://www.officetimeline.com/14-days-
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Integrat Integrat
Minimal
Validati ed ion
5/21/20
Prototy
on
9/24/20 Prototyp 18
pe
12/20/2 4/1/20
17 017
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