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FLOW OF PRESENTATION
INTRODUCTION
BAR CHART
NETWORK PLANNING
ESTIMATING TIME
CPM
PERT
Project Management
Project
A project is an interrelated set of activities that
has a definite starting and ending point and
that results in a unique product or service.
Project management
Project management is a scientific way of
planning, implementing, monitoring &
controlling the various aspects of a project
such as time, money, materials, manpower &
other resources.
BAR CHART
The bar chart is a two dimensional chart.
The x-axis of the chart shows the project timeline. The yaxis of the chart is a list of specific activities that must be
accomplished to complete the project.
These activities are typically listed in order of earliest
start on the project. The content of the bar chart are bars
that show the planned (and/or actual) start and end
times for each task.
Since the tasks are usually arranged from earliest to
latest, most bar charts show a pattern of bars that begin
in the upper left of the chart and proceed to bars that
complete the project displayed in the bottom right of the
chart.
1.
2.
3.
4.
Network Diagram
Concepts
Activity
Precedence relationship
Successor
Event
1.
2.
3.
4.
5.
APPRAOCHES FOR
NETWORK DIAGRAM
ACTIVITY ON ARC(AOA):
Uses arcs to represent activities and nodes
to represent events.
It is Event Oriented.
3
B
1
Dummy
C
4
DUMMY ACTIVITY
AOA approach requires the addition of a Dummy
Activity to clarify the precedence relationships between
the two activities. It is a zero time activity and consumes
no resources.
Dummy Activity is used in two situations:
1) When two or more activities start and end at the same
nodes
A
D
B
Dummy
A
1
C
3
7
4
ACTIVITY ON NODE(AON):
2)
3)
4)
LF- Latest finish time: the latest time in which the activity
can be completed without delaying the project.
5)
LS- Latest start time: equal to the latest finish time minus
the time required to complete the activity.
6) FORWARD PASS:
The early start and early finish times are calculated by
moving forward through the network and
considering the
predecessor activities
Considers maximum
7) BACKWARD PASS:
The latest start and finish times are calculated by moving
backward through the network.
Considers minimum
8) SLACK TIME:
Slack time for an activity is the difference between its earliest
and latest start time or between the earliest and latest finish
time.
Critical path is the path of activities having zero Slack time.
A Simple Project
Activity
A
Immediate
Predecessor
-
Expected
Time
5
A, B
Precedence Diagram
ES
EF
Earliest Finishing
LS
Latest Starting
LF
Latest Finishing
Slack
Difference Time
CRITICAL PATH
METHODS(CPM)
HISTORY :
It was developed by J.E.KELLY of REMINGTONRAND and M.R.WALKER of DU PONT and the
emphasis was on the trade-off between the cost
of project and its overall completion time. The
first test was made in 1958,when CPM was
applied to the construction of a new chemical
plant.
DEFINITION:
Critical path is the sequence of activities between
a projects start and finish that takes the longest
time to complete.
STEPS IN DETERMINING
CRITICAL PATH
Normal
Cost (Rs)
A
B
C
D
E
F
G
H
I
Total
300
30
420
720
250
320
400
780
1000
4220
A
A
A
D
B,C,E
F
F
G
3
3
7
9
5
6
4
13
10
C-7
1
A-3
G-4
F-6
I10
D-9
B-3
3
E-5
H-13
8
C-7
1
A-3
G-4
F-6
D-9
B-3
3
I10
E-5
H-13
8
TIME ESTIMATES
o Optimistic time (to) It is the shortest time in
which the activity can be completed.
o Most likely time (tm) It is the probable time
required to perform the activity.
o Pessimistic time (tp) It is the longest estimated
time required to perform an activity.
o Expected time
te = to + 4tm + tp
6
STEPS IN PERT
1.
2.
3.
4.
5.
6.
Example 1:
Draw a network for a house construction project. The sequence
of activities with their predecessors are given in Table 8.1, below.
Activity
Descrip Preced
tion
ence
Optimis Most
tic time Likely
time
Pessimi Expecte
stic
d time
time
Initial
design
12
16
26
17
Survey
market
18
10
Build
prototype
10
18
11
Test
prototype
Redesign
ing
B,D
11
Market
testing
10
Set up
productio
n
15
20
25
20
A-17
1
B-10
2
E-5
4
C-11
F-8
5
G-20
6
D-3
3
A-B-E-F-G = 60
A-C-D-E-F-G = 64 (CRITICAL PATH)
Advantages of PERT
LIMITATIONS
The PERT Formula Requires Too Much Work.
The network charts tend to be large and
unwieldy.
Calculating the time estimates is very
complex for all the activities.
Updating of the project is time consuming
and requires high costs.
Emphasis is laid only on time factors and
cost factors are neglected.
Difference between
CPM & PERT
CPM
PERT
deterministic time
probabilistic time
trade off.
variable.
projects.
programs.