Professional Documents
Culture Documents
PROJECT
MANAGEMENT
OTM-455
DR IQRA ASGHAR
FALL-2021
LECTURE 11 & 12
• Managers often cite delivering projects on time as one of their biggest challenges
• Time has the least amount of flexibility; it passes no matter what happens on a
project
• Schedule issues are the main reason for conflicts on projects, especially during
the second half of projects
PROJECT SCHEDULE MANAGEMENT PROCESS
• Activity Definition
• Activity Sequencing
• Activity Resource Estimating
• Activity Duration Estimating
Analogous Estimating
Parametric Estimating
• Schedule Development
• Schedule Control
ACTIVITY LIST
• Gantt chart
• Critical Path Method (CPM)
• Program Evaluation and Review Technique
(PERT)
GANTT CHARTS
• Provide a standard format for displaying project schedule information by listing project activities and their
corresponding start and finish dates in a calendar format.
Symbols include:
Arrows: Dependencies
between Tasks
CPA TERMINOLOGIES
• Activity: A specific task or set of tasks that are required by the project, use up resources, and take time to
complete
• Event: The result of completing one or more activities. An identifiable end state occurring at a particular time.
Events use no resources
• Network: The combination of all activities and events define the project and the activity precedence relationships
• Path: The series of connected activities (or intermediate events) between any two events in a network
• Critical: Activities, events, or paths which, if delayed, will delay the completion of the project. A project’s
critical path is understood to mean that sequence of critical (slowest) activities that connect the project’s start
event to its finish event
DEPENDENT AND INDEPENDENT ACTIVITIES
Network techniques
Developed in 1950’s
CPM by DuPont for chemical plants (1957)
PERT by Booz, Allen & Hamilton with the U.S. Navy, for Polaris
missile (1958)
Consider precedence relationships and interdependencies
Each uses a different estimate of activity times
QUESTIONS PERT AND CPM CAN ANSWER
EF = ES + Activity time
• EF is earliest finish
EARLIEST START AND EARLIEST
FINISH
LATEST START AND LATEST FINISH
LS = LF - Activity time
•LS is latest start
LATEST START AND LATEST FINISH
COMPUTE SLACK
CRITICAL PATH
CPM EXAMPLE