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PROJECT MANAGEMENT Syllabus Outcomes : Construct and interpret a network, identify the critical path, and calculate the free and total float. Evaluate.

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Presentation on theme: "PROJECT MANAGEMENT Syllabus Outcomes : Construct and interpret a network, identify the critical path, and calculate the free and total float. Evaluate."— Presentation transcript:

1 PROJECT MANAGEMENT Syllabus Outcomes : Construct and interpret a network, identify the critical path, and calculate the free and total float. Evaluate the value of a network in the management of projects.

2 What is a Project? O A specific and temporary activity with a start and end date, clear goals, defined responsibilities and budget

3 What is Project Management? O Using modern management techniques to carry out and complete a project from start to finish in order to achieve pre set targets of quality, time and cost

4 Key Elements of Project Management O Defining the project objectives clearly O Dividing the project into manageable tasks and activities O Controlling the project at every stage to check that time limits are being kept to O Giving each team member a clear role O Providing controls over quality issues and risks

5 Consequences of Poor Project Management O Penalty payments having to be paid to the customers O Bad publicity in the construction industry O Loss of future contracts

6 CRITICAL PATH ANALYSIS CPA O Refers to planning technique that identifies all tasks in a project, puts them in the correct sequence and allows the identification of critical path. O CPA involves drawing a network diagram that indicates the shortest possible time in which a project can be completed

7 CPA Network Diagram O The diagram used in CPA analysis that shows the logical sequence of activities and the logical dependence between them

8 The CPA Steps O 1. identify the objectives of the project – eg build a factory in 6 wks O Break the project into separate jobs/activities O Determine how long each task will take O Identify all dependent activities O Put tasks of the project into the right sequence and draw a network diagram O Show the earliest start time EST and latest finishing time LFT for each activity O Identify the critical path – the activities that must be finished on time for the project to be finished in the shortest time

9 Critical Activities O These are activities that cannot be delayed O Therefore any delays in these activities – delays the completion of the whole project.

10 Arrow = activity Node (circle) = end of each activity

11 Interpreting the Diagram Node No EST LFT Activity/ Task Duration of Activity/Task Float = difference between the EST and LFT

12 Steps to Construct a Network Diagram 1. identify all tasks involved in the project 2. Order the tasks in the correct sequence 3. Identify tasks that can take place at the same time 4. Design the network 5. Identify the critical path

13 Constructing a CPA Network Diagram O http://www.youtube.com/watch?v=ZQw- jNWkJM4 http://www.youtube.com/watch?v=ZQw- jNWkJM4 O Follow the link above to learn how to construct a CPA network diagram


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