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Location and Managing Project

Location

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0% found this document useful (0 votes)
9 views

Location and Managing Project

Location

Uploaded by

dantekailey9
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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LOCATION &

MANAGING PROJECTS

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HOW LOCATION CAN
AFFECT A MANUFACTURING
OR SERVICE BUSINESS?
FACTORS AFFECTING LOCATION DECISIONS
1.Costs: Consider raw materials, labor, and transportation expenses.
2. Competition: Strategic positioning for competitive advantage.
3.Logistics: Infrastructure and accessibility (roads, railways, airports).
4.Labor: Availability, skills, and wages of the local workforce.
5.Community and Site: Amenities, security, and environmental
impact.
6.Political Risk and Incentives: Government regulations, taxes, and
incentives.
7.Economic Factors: Demand, growth potential, exchange rates.
WHAT IS FACILITIY
LOCATION?
Facility location is the process of
determining geographic sites for a
firm’s operations. These choices
significantly impact the supply
chain and overall business
performance.
LOCATING FACILITY WITHIN A NETWORK FACILITIES
1.Identify Important Factors: Managers must weigh various factors
when assessing the desirability of specific locations. These factors can
be categorized as dominant or secondary. Consider aspects like cost,
customer appeal, hiring needs, and operational efficiency.
2.Evaluate Alternatives: Start by considering alternative regions, then
narrow down to specific communities and sites. Collect data from
location consultants, development agencies, planning departments, and
other relevant sources. Geographic Information Systems (GIS) can also
provide valuable information.
LOCATING FACILITY WITHIN A NETWORK FACILITIES

3. Quantitative Analysis: Analyze quantitative factors that can be


measured in dollars, such as annual transportation costs or taxes.
Additionally, consider non-dollar values like driving time and
miles. Convert financial factors into a single measure (e.g., total
costs, return on investment, net present value) to compare different
sites.
4. Center of Gravity Method: For locating facilities that serve
multiple areas (e.g., warehouses or distribution centers), the center of
gravity method is useful. . It identifies coordinates based on existing
facilities and demand volume in each area
WHAT IS
PROJECT?
A project is a set of tasks that must be completed
within a defined timeline to accomplish a specific
set of goals. These tasks are carried out by a group
of people known as the project team, led by
a project manager. The project manager
oversees planning, scheduling, tracking, and
ensuring the successful completion of the
project. Projects can take various forms, from
constructing a building to planning an event or
developing a new software application.
WHAT IS
MANAGEMENT?
Management is the process
of planning, organizing,
leading, and controlling people
within an organization to
effectively utilize resources and
achieve organizational goals.
WHAT IS PROJECT
MANAGEMENT?
Project management is the practice of using specific
knowledge, skills, methodologies, and techniques to
achieve specific and measurable project
goals within a defined timeline. Unlike general
management, which is ongoing, project management
focuses directly on achieving objectives within the
scope of a project.
PROJECT MANAGEMENT PROCESS
1.Project Initiation & Conception: Set the tone and goals for the entire project.
Understand business needs, create a project brief, and align stakeholders on objectives.
2.Project Planning: Develop a detailed plan for activities, resources, budget, schedule, and
risks. Imagine assembling your troops and preparing for battle.
3.Project Execution: Implement the project plan, coordinate team members, monitor
progress, and adapt to changes. It’s like leading your troops into action on the battlefield.
4.Project Monitoring & Control: Ongoing vigilance—track project progress, quality, and
performance. Manage the battle in real-time.
5.Project Closure: Evaluate success, document lessons learned, celebrate achievements,
and hand off deliverables. Imagine the post-battle debrief and celebration.
WHAT IS
NETWORK
PLANNING?
Network planning is a crucial
aspect of project management,
helping teams organize and
execute complex projects
efficiently.
Key Network Planning Techniques:
1.Critical Path Method (CPM): CPM identifies the longest
path of dependent activities, determining the minimum time
needed for project completion. It highlights critical tasks that
must be closely monitored.
2.Program Evaluation and Review Technique (PERT): PERT
focuses on estimating activity durations using optimistic,
pessimistic, and most likely scenarios. It considers
uncertainties and helps manage risks.
Activities Duration (weeks)

A Site Preparation 2

B Foundation Laying 2

C Structural Framing 4

D Plumbing 2

E Electrical Work 2

F Interior Finishing 8
Activities Precedence Duration (weeks)

A - 2

B A 2

C B 4

D C 2

E C 2

F B- C 8
Activities Predecessor Optimistic Most likely Pessimistic

A - 5 6 7
B - 1 3 5
C - 1 4 7
D A 1 2 3
E B 1 2 9
F C 1 5 9
G C 2 2 8
H E,F 4 4 10
I D 2 5 8
J H,G 2 2 8
Activities Predecessor Optimistic Most likely Pessimistic Mean Duration Variance

A - 5 6 7 6 0.11
B - 1 3 5 3 0.44
C - 1 4 7 4 1.00
D A 1 2 3 2 0.11
E B 1 2 9 3 1.78
F C 1 5 9 5 1.78
G C 2 2 8 3 1.00
H E,F 4 4 10 5 1.00
I D 2 5 8 5 1.00
J H,G 2 2 8 3 1.00
Benefits of Network Planning:
1.Efficiency: Network planning reveals activities that can be done
simultaneously, improving efficiency.
2.Decision Making: It aids in informed decision-making by visualizing
task dependencies.
3.Time Savings: Proper planning saves time during project execution.
4.Cost Reduction: Efficient scheduling minimizes costs.
5.Complexity Management: However, network planning can be time-
consuming for large-scale, detailed projects.
THANK YOU!

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