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33 Cards in this Set
- Front
- Back
- 3rd side (hint)
What is Planning? |
The process of choosing the one method and order of work to be performed |
A process. What is to be done, how and where and by whom? |
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What is Scheduling? |
The timing of each operation/work package and the creation of a timeline for the completion of the operations in order |
Timing. Who and what determines the when? |
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Network Diagram |
A network diagram or model is a graphical representation of a program or plan for a particular project |
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Precedence Diagram |
The most common type of network scheduling tool in use today. Activities are represented by nodes. |
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Floats |
Float refers to the time by which a non-critical activity can be delayed without delaying the project completion date. |
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Critical Path |
The critical path is the most important and the longest path of the network. |
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Earliest Start Time (EST) |
The earliest time for an activity to start. |
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Earliest Finish Time (EFT) |
The earliest time for an activity to finish. EFT = its EST + its duration. |
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Latest Finish Time (LFT) |
LFT = LST of the succeeding activity LFT = Min (LST of succeeding activities) |
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Latest Start Time (LST) |
LST = LFT –Duration of activity |
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Total Floats |
The amount of time by which an activity can be delayed without delaying the project completion date/time. |
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Free Floats |
The amount of time by which an activity can be delayed without delaying the early start of the successor activity. |
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Interfering Float |
If an activity delay is greater than its free float but less than or equal to its total float, the lateness will not delay the project, but it will interfere with the start of some subsequent activity. |
IF = its TF –its FF |
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Link Lag |
Difference between the early start date of an activity and the early finish date of the preceding activity. |
LLab= ESTb–EFTa |
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Basic resources required for any project
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1. Money
2. Materials 3. Equipment 4. Human Resources 5. Time |
5 things
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RESOURCE ANALYSIS |
1. Knowledge 2. Understanding 3. Awareness |
Successful exploitation of resources requires: |
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Resource allocation |
-Allocation of resources that are limited -Uses the precedence diagram for basis of solution - Limited Resources may extend the project duration |
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Resource leveling
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Concerns the efficient use of the required resources when the project duration cannot be altered (resource usage).
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-Project scheduling may be constrained due to multiple resource limitations.
-Levelling resource usage minimizes the amount of idle resources, reducing total cost. |
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Resource smoothing |
Process that attempts to determine a resource requirement that is smooth and where peaks and valleys are eliminated. |
part of the resource levelling process |
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Heuristics |
Allocate resources to activities to minimize project delays based on certain priority rules. |
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The two most commonly used heuristics are:
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1. Serial method
2. Parallel method |
Breakfast food,
2 lines side by side are _____ to each other |
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Serial Method |
Resources are allocated to each of the activities one at a time until resources are allocated to all activities. |
Sorted into a list |
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Parallel Method |
Only the activities where the preceding activities have been completed are considered. -Compared to the serial method, the parallel method is the most widely used heuristic. |
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Most Effective ways to minimize project delays |
1. Achieve minimum slack 2. Identify smallest duration 3. Identify lowest activity identification number |
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Project management can be reduced to two basic components: |
1. Monitoring 2. Controlling |
1. Screen on a computer 2. the remote _________. |
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Monitoring |
Provides the means of understanding what is happening on a project by gathering information |
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Controlling |
Consists of action(s) taken in response to this information. |
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What do we monitor? (Inputs) |
1. Human Resources 2. Machines 3. Materials 4. Money |
4 things H_ _ _ _ R_ _ _ _ _ _ _ M_ c h _ _ _ s Ma_ _ _ _ _ ls M_ _ _ y |
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4 other project aspects we monitor are: (Inputs) |
1. Space 2. Time 3. Tasks 4. Quality / Tech Performance |
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Outputs that we monitor:
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1. Costs |
6 things
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When do we monitor? |
1. End of project 2. Continuously 3. Regularly 4. Logically 5. While there is time to react 6. ASAP 7. At task completion 8. Milestones |
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Where do we monitor? |
1. At Head Office 2. At Site Office 3. On the spot 4. Depends on Situation |
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How do we monitor? |
- Reports - Tests and inspections - Delivery or staggered delivery - Updating project management information system (PMIS) |
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