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4.Project Management

The document outlines key aspects of project management, including its distinct characteristics, major administrative issues, and essential tools like Gantt charts and network diagrams. It emphasizes the importance of project selection, planning, execution, and termination, as well as the responsibilities of project managers. Additionally, it introduces techniques such as PERT and CPM for effective project planning and coordination.

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21ucs037
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9 views

4.Project Management

The document outlines key aspects of project management, including its distinct characteristics, major administrative issues, and essential tools like Gantt charts and network diagrams. It emphasizes the importance of project selection, planning, execution, and termination, as well as the responsibilities of project managers. Additionally, it introduces techniques such as PERT and CPM for effective project planning and coordination.

Uploaded by

21ucs037
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Project Management

Dr. Deepak Rajendra Unune


Project Management

What are the Key What are the Key


How is it different? Why is it used?
Metrics Success Factors?
• Limited time • Special needs • Time • Top-down
frame • Pressures for • Cost commitment
• Narrow focus, new or improves • Performance • Having a capable
specific products or objectives project manager
objectives services • Having time to
• Less plan
bureaucratic • Careful tracking
and control
• Good
communication
Project Management
What are the Major Administrative
What are the tools?
Issues?
• Executive responsibilities • Work breakdown structure
• Project selection • Network diagram
• Project manager selection • Gantt charts
• Organizational structure • Risk management
• Organizational alternatives
• Manage within functional unit
• Assign a coordinator
• Use a matrix organization with a
project leader
Key Decisions
 Deciding which projects to implement
➢ Criteria-attractive-cost and benefit-available fund
 Selecting a project manager
➢ Central person
 Selecting a project team
➢ Person’s knowledge and skills-relationship with
others
 Planning and designing the project
➢ Goals-timetable-budget-resources
 Managing and controlling project resources
➢ Personnel-equipment-budget
 Deciding if and when a project should be
terminated
➢ Likelihood of success-costs-resources
Project Manager: Responsibilities

Human
Work Quality
Resources

Time Communications Costs


Project Life Cycle

Feasibility

Management
Planning
Concept
Execution

Termination
✓Concept: A proposal needed
Feasibility: Cost, benefit and risk analyses
Planning: find out the necessary human resources, time and cost
Execution: control for time, available resource and cost
Termination: It should be reevaluated for the sake of project’s safety
Work Breakdown Structure

Project X

Level 1

Level 2

Level 3

Level 4
Planning and Scheduling

Gantt Chart MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

Locate new
facilities

Interview staff

Hire and train staff

Select and order


furniture

Remodel and install


phones

Move in/startup
PERT and CPM
• PERT: Program Evaluation and Review Technique
• CPM: Critical Path Method
❖Both techniques are widely used for planning and
coordinating large-scale projects.
• Using the two techniques, manager are able to
obtain:
• Graphically displays project activities
• Estimates how long the project will take
• Indicates most critical activities
• Show where delays will not affect project
The Network Diagram
• Network (precedence) diagram –
diagram of project activities that shows
sequential relationships by the use of
arrows and nodes.
• Activity-on-arrow (AOA) – a network
diagram convention in which arrows
designate activities.
• Activity-on-node (AON) – a network
diagram convention in which nodes
designate activities.
• Activities – steps in the project that
consume resources and/or time.
• Events – the starting and finishing of
activities, designated by nodes in the AOA
convention.
The Network Diagram
 Path
 Sequence of activities that leads from the starting node to the finishing node
 Critical path
 The longest path; determines expected project duration
 Critical activities
 Activities on the critical path
 Slack
 Allowable slippage for path; the difference the length of path and the length of critical path
 Slack is the length of the time where an activity can be delayed without interfering with the project
completion.
 Dummy
 Using this variable does not cost any burden for the company. This exists solely for the purpose of
establishing precedence relationships for the sake of simplicity and is not asssigned any time.
Project Network – Activity on Arrow
Order
furniture 4
Furniture
Locate 2 setup
facilities
Remodel
1 5 6
Move
in
Interview
Hire and
train
3
Project Network – Activity on Node
Order
furniture
Locate Furniture
2 setup
facilities

1 6
Move
Remodel
in

S 5 7

Hire and
Interview
train

3 4
Network Conventions
a
b
c a

c
b

a c
a c

b Dummy
activity
b d

a must be completed
a and b must be completed
before c can start//
before b or c can start
b and dummy must be completed
before c can start
Thanks

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