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Project Management

Project A complex, non-routine, one-time effort limited by time,


budget, resources and performance specifications designed to meet
customer need

Major characteristics

An established objective
Unique
Defined life span
Defined budget
Multifunctional -- CONFLICT
Interdependency
Uncertain -- RISK

Project Management
Network Technique
A network of activity and event relationships that graphically
portrays the sequential relations between the tasks in a project

PERT -- Program Evaluation and Review Technique


Probabilistic activity time
Research & Development
CPM -- Critical Path Method
Deterministic activity time
Construction/Production/Market Survey

Project Management
Network Technique

Task

Predecessor

Time

C, D

Project Management
Activity on Node

C
F

A
D

Start
B

End

Project Management
5
5

A
0

Start
0

B
5

11

11

11

11

E
14

F
11

19

19

19

End

19

19

19

Critical Path
19

ACF

Project Management
GANTT Chart
Pred

Time

C, D

Task

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

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