2/2/2012

Project Time Management

Project Time Management Processes
MBA MOT 5219 Project Management
Project Time Management 1. Define Activities
2. Sequence Activities
3. Estimate Activity Resources
By 4. Estimate Activity Duration
Dr Madhu Fernando 5. Develop Schedule
6. Control Schedule

Define Activities Sequence Activities Process

Process of identifying activities to perform project objectives. Identifying and documenting logical relationships among schedule activities

Required Input: y Required Input:

Scope Baseline Activity list
Enterprise Environmental factors Activity attributes
Organizational process assets Milestone list
Project Scope statement
y Tools and Techniques: Organizational process assets
Decomposition y Tools and Techniques:
Rollingg wave pplanningg Precedence Diagramming Method (PDM)
Templates Dependency determination
Expert Judgment Applying leads and lags
y Output: Schedule network templates
Activity list y Output:
Activity attributes Project schedule network diagrams
Milestone list Project document updates

Sequencing Activities and

Critical Path Method Estimate Activity Resources
Precedence Diagramming Method (PDM) / Activity-on-node
(AON) is used for sequencing activities and identifying the
critical path.
y The critical path is defined as the longest path through the
project and has no float or slack time. And it is the shortest time
you can deliver a project.
project
y Critical Path Method calculates a single critical path for the
project. To calculate the float or slack time in other activities, it
requires that you perform a forward pass, backward pass, and
calculate float for the entire network diagram.
y Lets practice some calculations.

1
 2/2/2012

Estimate Activity Resources Process Estimate Activity Duration

Involves determining what resources (persons, equipment, or material) and what quantities of each
resource will be used, and when each resource will be available to perform project activities. This process requires that the amount of work effort required to complete the schedule
activity is estimated.
y Required Input:
Activity list ` Required Input:
Activity attributes Activity list
Resource calendars Activity attributes
Enterprise environmental factors Activity resource requirements
Organizational process assets Resource calendars
y Tools and Techniques: Project scope statement
Expert judgment Enterprise environmental factors
Alternative analysis Organizational process assets
Published estimating data
` Tools and Techniques:
Bottom-up estimating
Project Management software Expert judgment
y Output: Analogous estimating
Activity resource requirements Parametric estimating
Resource breakdown structure Three point estimating
Project document updates Reserve analysis
` Output:
Activity duration estimates
Project document updates

Develop Schedule Process

Develop Schedule
y Required Input: Tools and Techniques:

Activity list Schedule network analysis

Activity attributes Critical path method
Schedule development means determining Project schedule network
Critical chain method
Resource leveling
start to finish dates for project activities, diagrams What-if scenario analysis
and creating an approved project Activity resource requirements Applying leads and lags
Resource calendars Schedule compression
schedule that can serve as a baseline A ti it dduration
Activity ti estimates
ti t Scheduling tool
against which the progress can be Project scope statement
Output:
tracked. Enterprise environmental
factors Project schedule
Organizational process assets Schedule baseline
Schedule data
Project document updates

Control Schedule Control Schedule

Control Schedule ` Required Input:
Tools and Techniques:
Project management Plan
Project schedule Performance reviews
y Control Schedule : Approved schedule provides the schedule baseline
Work performance information
y Any changes to the schedule baseline plans should be done only with an Variance analysis
Organizational process assets
approved change request Project management software
y Schedule variations are measured through Earned Value measurements.
measurements ` Output: Resource leveling
y Please refer to the Earned Value formulas in the PMBoK ® Fourth Edition Work performance measurements What-if scenario analysis
Organizational process assets updates
Change requests Adjusting leads and lags
Project management plan updates Schedule compression
Project document updates Scheduling tool