Professional Documents
Culture Documents
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What is involved in project time management?
In the scope of project management, time management is
about using the amount of time allocated to a project wisely in
order to meet scheduled deliverables and conclude all work by
or before the project completion date.
Time management is the management of the time spent, and
progress made, on project tasks and activities. Excellent time
management requires the planning, scheduling, monitoring,
and controlling of all project activities
The aim : Optimise execution of work and fulfill delivery
commitments, in time.
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Time management includes:
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Time & project phases
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Some project visualisation methods used
Gantt charts ( and linked-in Gantt charts)
Kanban Boards
Scrum boards
Project Network diagrams ( CPM, PERT)
Milestone-slip charts
Plan vs performance graphs, S-curves
EVMS graph
Project status dashboards
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Project Planning- Network diagrams
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Advantage of Network Technique
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Critical Path Method (CPM)
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Activity Relationships
3 types of logical relationships possible:
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Types Of Interrelationships
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FINISH TO START
A B
Finish Start
Predecessor Successor
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FINISH TO FINISH
A
Predecessor task
Finish
B
Successor task
Finish
A Predecessor task
Start
B Successor task
Start
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START TO FINISH
A
Predecessor task
Start
Successor task
B
Finish
Time Units
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LEAD: A modification of the logical
relationship that accelerates the successor
task
BB
Time Units
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REPRESENTATION OF A CPM NETWORK CAN BE
DONE IN THE FOLLOWING TWO WAYS
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ARROW DIAGRAMMING METHOD (ADM)
Or ACTIVITY On ARROW (AOA)
B Dummy
3 4
A C
2 7 8
D
F
E
5 6
1
Finish
Start
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Arrow Diagramming Method (ADM)
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PRECEDENCE DIAGRAMMING METHOD (PDM)
Or ACTIVITY ON NODE (AON)
A B C
Start Finish
D E F
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Precedence Diagramming Method (PDM)
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Outputs from Critical Path Method
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EARLY START
The earliest date a task can start based on the
network logic and schedule constraints.
EARLY FINISH
The earliest date an activity can finish based on
network logic and schedule constraints.
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LATE START
The latest date a task can start or delayed without
affecting the present end date
LATE FINISH
The last day the task can end without delaying the
completion of the project or any terminating task
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FLOAT / TOTAL FLOAT
Length of time a non-critical task can be delayed or
extended without affecting the project end date. Is
measure of time flexibility available in performance of
an Activity
For an activity:
FLOAT = LF - EF or LS - ES
ES EF
9 12
A
Activity A has a Float of 7 days
16 19
LS LF
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FREE FLOAT
Length of time a non-critical task can be delayed or
extended without affecting earliest start date of any
subsequent activity and the project end date.
ES EF ES EF
3 6 6 9
FREE FLOAT of Activity A B
10 13 13 16
= ESb – EFc LS LS
LF LF
ES EF
Early Start of succeeding activity Activity C has a Free
3 5
minus Early Finish of preceding C Float of 1 day
activity
11 13
LS LF
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Critical Path
The sequence of tasks in the network diagram that has the
longest duration with float less or equal to specified value
or zero.
The critical path determines the earliest possible
completion of the project
THE
THE CRITICAL
CRITICAL PATH
PATH Is:
Is:
The
The Longest
Longest path
path in
in the
the network
network
Has
Has zero
zero float
float
Can
Can have
have more
more than
than one
one Critical
Critical Path
Path
Critical
Critical path
path can
can change
change through
through project
project
Negative
Negative float
float in
in critical
critical path
path shows
shows project
project is
is behind
behind schedule
schedule 28
The early start and early finish dates for all the
network activities is calculated in the FORWARD
PASS
The late start and late finish dates for all the
network activities is calculated in the
BACKWARD PASS
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The network acts as the Schedule baseline against which
project’s progress is controlled & monitored
ES EF ES EF ES EF
0 7 7 13 13 16
Duration = Duration = Duration =
7 Task A 6 Task C 3 Task G
0 0 7 7 0 13 13 0 16
LS L LS L LS L
F F F
ES EF
16 18
Duration =
Start 2 Task H Finish
16 0 18
LS L
ES EF ES EF ES EF F
0 3 3 6 6 9
Duration = Duration = Duration =
3 Task B 3 Task D 3 Task E
7 7 10 10 7 13 13 7 16
LS L LS L LS L
F ES F
EF F
3 5
Duration =
2 Task F
11 13
8
LS L
F
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Monitoring the Project Schedule
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Gantt / Bar Charts
Show summary level /activity level activities against time, drawn
to a common time scale
Drawback – Bar charts do not show activity dependencies
• Easy to draw, read and understand
• Provide a clear picture of the project status
• Summary of ten's of activities can be depicted by one bar
• Easily view the planned time schedule versus the progress at a glance
• Excellent tool for management reporting of project progress
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Project A
Task Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7
Plan
Design
Build
Test
Deliver
Close
Planned
Executed
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Project B
Weeks
Task 1 2 3 4 5 6 7 8 9
1
2
3
4
5
6
7
8
Planned
Linked Bar Chart
The dependencies between
Executed activities is shown by arrows
and the floats are depicted by
single lines drawn after the bar 34
Managing the Schedule
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Fast Tracking
Fast Tracking:
Overlap work normally done sequentially e.g. order
equipment before design finalized
Critical Path activities are carried out in parallel to
accelerate the project end date
Fast tracking requires much more control and co-
ordination
Risky due to possibility of rework
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Crashing
Crashing:
Extra resources added to Critical Path activities to
reduce their duration
Activities that will cost minimum to crash should be
selected first
Use more overtime / faster worked materials
Costs likely to increase
Crashing possible only up to a point – law of
Diminishing Returns
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Program Evaluation and Review technique (PERT)
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Example - PERT
The PERT duration is the Mean. In the example, the PERT duration (Mean) for Activity 1 is 30 days,
for Activity 2 it is 116 days and for Activity 3 it is 52 days. PERT of the Project is 198
To calculate the standard deviation of the group of activities we cannot just add up all
the standard deviations of each activity in the path. We need to calculate the Variance
for each activity first:
•Step 1 – Calculate each activities PERT duration and it’s Standard Deviation
•Step 2 - calculate the variance of each activity separately. Variance of an activity is
calculated as {(P - O) / 6}^2 i.e. the Variance is the standard deviation squared.
•Step 3 - add the variances for the group of activities and get a path variance
•Step 4 - take the square root of the total of the variances (calculated in step 3)
This will give us the standard deviation for the group of activities / the entire project. In
our example, the total path duration is 198 days (30+116+53) and the standard
deviation for the path is the Square root of the path Variance (10.9 + 158.8 + 28.1).
This comes to about 14.1. 39
Standard Deviation (SD) or Sigma is measured as 1 SD, 2 SD, 3 SD up
to 6 SD and the SD is taken equally on both sides of the mean or average
line in a normal distribution curve.
•One standard deviation away from the mean in either direction of the
mean line shows that 68.26% of the total data or population falls in this
group. In our example 1 SD is ‘+/-‘ 14.1 which means at 1 SD the
project is likely to be completed between 183.9 – 212.1 days.
•Two standard deviations away from the mean in either direction of the
mean line shows that 95.46% of the population falls in this range. In our
project 2 SD is 28.2 and at 2 SD the chances are of completing the
project between 169.8 – 226.2 days.
•Three standard deviations means 99.73% of the population falls in this
range.
•Six standard deviations means 99.99985% of the population falls in this
range. This means having only 3.74 errors in 1 million 40
Visualisation of projects- Images
1) Critical Path Method ( CPM)
• The critical path is the longest path of the network diagram.
The activities in the critical path have an effect on the deadline
of the project. If an activity of this path is delayed, the project
will be delayed.
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Network diagram- AOA
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Network diagram – AON example
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Network - PERT
• What Is a Program Evaluation Review Technique (PERT) Chart?
• A PERT chart is a project management tool that provides a graphical
representation of a project's timeline. The Program Evaluation Review
Technique (PERT) breaks down the individual tasks of a project for
analysis. PERT charts are considered preferable to Gantt charts
because they identify task dependencies, but they're often more
difficult to interpret.
• Uses a 3-point estimate of time duration for each activity.
Optimistic time(o), most likely time(m) and pessimistic time(p).
• PERT mean duration = (o+4xm+p)/6 ; Standard deviation = (p-o)/6
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Network diagram - PERT
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Milestone- Slip chart
• Milestone slip chart
• A milestone slip chart is a simple but very effective progress report.
• On a weekly or monthly basis milestones are plotted on a grid to show
when they are scheduled to occur.
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Milestone-slip chart
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Linked Gantt chart
• A benefit of Gantt charts is seeing which tasks are linked together.
That way it's easy to tell what needs to be done when and in what
order.
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Linked Gantt chart image
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Project Monitoring and Control- EVMS
Earned Value Management System (EVMS) is a method that allows the
project manager to measure the amount of work actually performed on a
project beyond the basic review of cost and schedule reports.
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Earned Value Management through S-curve
BAC
Cost CV
Cost
AC or ACWP SV
EV or BCWP
Slippage
Time 51