Project Activity and Risk Planning

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Presentation transcript:

Project Activity and Risk Planning

What are Projects? Group of Activities Beginning, Middle, End Well-Defined End Result

Examples of Projects Construction Research and Development Design of New Product or Process Spacecraft Wedding Can You Think of Projects? Can You Think of Non-Projects?

Project Life Cycle

Project Planning Consists of: Purpose Objectives Overview Contracts

Project Planning Consists of: Schedules (PERT/CPM) Resources Personnel These Areas Can Be Handled Well with Microsoft Project and Other Software

Project Planning Consists of: Potential Problems and Risks Risk Management Planning Risk Identification Qualitative Risk Analysis (Risk Matrix) Quantitative Risk Analysis (Probabilities, Simulation) Evaluation and Control (Feedback)

Initial Project Planning: Draw System Boundaries A System Consists of the Following: Mission and Goals - Objectives - Performance - Effectiveness - Cost Environment Resources Subsystems

In Project Planning Activities Must be Identified Activities are Groups of Work Elements or Tasks with: Similar Technology & Groups of Personnel Single Duration of Time (Activity Completion is Event) Definite Beginning & End

List of Activities Can Be Developed with: “Gozinto” Chart Bill of Materials Work Breakdown Structure (WBS) Basically a “Bill of Work Units”

Work Breakdown Structure (WBS)

WBS Information For Each Work Element (Activity) We Need: Work Statement (Input/Output) Vendors, Contacts, Subcontractors End Item Specifications Cost Accounting Numbers & Costs (ABC) (Assigns Activities to Cost Drivers to Costs – E.g. Activity A to Labor Hours to Labor Costs)

WBS Information For Each Work Element (Activity) We Need: Resource Needs Personnel (Linear Responsibility Chart or RACI Matrix) Times (Scheduling, PERT/CPM, Gantt Charts) Sequence Requirements

Activity Analysis: Example One Activity Description Follows Days A Define Problem --- 3 B Lease Computer --- 5 C Obtain Data A, B 4 D Determine Alternatives A, B 1 E Feasible Alternatives D 1 F Evaluation & Modeling C, E 5 G Find Best Alternative F 1 H Implementation G 3

Activity Analysis: Example Two Activity Description Follows Days X --------------- --- 1 Y --------------- --- 2 Z --------------- --- 3 A --------------- X, Y 1 B --------------- X, Y, Z 2 Draw Activity-On-Node (AON or CPM) Diagram. Draw Activity-On-Arrow (AOA or PERT) Diagram.

Activity Analysis: Example Three Activity Description Follows a Plan Survey --- b Hire Personnel a c Design Questionnaire a d Train Personnel b,c e Select Households c f Print Questionnaire c g Conduct Survey d,e,f h Analyze Results g Draw Activity-On-Node (AON or CPM) Diagram. Draw Activity-On-Arrow (AOA or PERT) Diagram.