Podcast
Questions and Answers
Which of the following integrates planning and scheduling while also clarifying the relationship between time and cost?
Which of the following integrates planning and scheduling while also clarifying the relationship between time and cost?
- Critical Path Method (CPM) (correct)
- Bar Chart Method
- Program Evaluation and Review Technique (PERT)
- Gantt Chart Method
In project management, what is the primary purpose of 'scheduling'?
In project management, what is the primary purpose of 'scheduling'?
- To allocate equipment and manpower to a calendar timetable. (correct)
- To estimate the overall cost of a project.
- To arrange project activities in a logical sequence.
- To identify all necessary tasks for project completion.
In the context of project planning, which method is known for showing both functions simultaneously, but may result in an incomplete representation?
In the context of project planning, which method is known for showing both functions simultaneously, but may result in an incomplete representation?
- Bar Chart Method (correct)
- Work Breakdown Structure
- Program Evaluation and Review Technique
- Critical Path Method
Which project management tool had its start in the Navy's ballistic missile program and is dated 1958?
Which project management tool had its start in the Navy's ballistic missile program and is dated 1958?
What is the initial step to take on a project when using the Critical Path Method (CPM)?
What is the initial step to take on a project when using the Critical Path Method (CPM)?
How is the project network typically developed in the Critical Path Method (CPM)?
How is the project network typically developed in the Critical Path Method (CPM)?
What does an "event" signify in the context of project network diagrams?
What does an "event" signify in the context of project network diagrams?
What is the primary characteristic of a 'dummy activity' in project network diagrams?
What is the primary characteristic of a 'dummy activity' in project network diagrams?
In network diagramming, what must be true regarding the numbering of events (nodes)?
In network diagramming, what must be true regarding the numbering of events (nodes)?
If activity C cannot start until both job A and job B are completed, how is this dependency represented in a network diagram?
If activity C cannot start until both job A and job B are completed, how is this dependency represented in a network diagram?
What is the 'Critical Path' in project management?
What is the 'Critical Path' in project management?
What is the 'Earliest Event Time' in project scheduling?
What is the 'Earliest Event Time' in project scheduling?
What does the 'Latest Finish' signify in project management?
What does the 'Latest Finish' signify in project management?
In project scheduling, what is 'Total Float' or 'Total Slack'?
In project scheduling, what is 'Total Float' or 'Total Slack'?
What is the 'Free Float' of an activity in project scheduling?
What is the 'Free Float' of an activity in project scheduling?
How is the 'Expected Duration' of a project determined?
How is the 'Expected Duration' of a project determined?
When using the Critical Path Method (CPM), what should be done if a node has multiple entering arrows?
When using the Critical Path Method (CPM), what should be done if a node has multiple entering arrows?
What aids the manager to schedule project activities, and then, to monitor progress overtime by comparing the planned progress to the actual work progress?
What aids the manager to schedule project activities, and then, to monitor progress overtime by comparing the planned progress to the actual work progress?
On a Time Scaled Event Network, if the delay incurred is along a lax path, the time extension request should not be granted if:
On a Time Scaled Event Network, if the delay incurred is along a lax path, the time extension request should not be granted if:
What is the primary goal of 'manpower leveling' in project management?
What is the primary goal of 'manpower leveling' in project management?
What does an organization achieve if employment fluctuation is kept to acceptable levels?
What does an organization achieve if employment fluctuation is kept to acceptable levels?
According to the text provided, what is the time scaling of networks where the arrows are indicated on a time scale from left to right?
According to the text provided, what is the time scaling of networks where the arrows are indicated on a time scale from left to right?
According to the content provided, what assumption indicates PERT is suitable?
According to the content provided, what assumption indicates PERT is suitable?
What is the meaning of 'optimistic time' in the context of PERT?
What is the meaning of 'optimistic time' in the context of PERT?
What does the text say about 'pessimistic time' in time estimates?
What does the text say about 'pessimistic time' in time estimates?
Consider an activity has three estimated times: an optimistic time (a), a most likely time (m), and a pessimistic time (b). How would one calculate the 'Expected Time' (Et)?
Consider an activity has three estimated times: an optimistic time (a), a most likely time (m), and a pessimistic time (b). How would one calculate the 'Expected Time' (Et)?
How is the 'Variance' (v^2) in project time estimates calculated, given an optimistic time (a) and a pessimistic time (b)?
How is the 'Variance' (v^2) in project time estimates calculated, given an optimistic time (a) and a pessimistic time (b)?
In project management, what does a larger variance in activity time estimates typically indicate?
In project management, what does a larger variance in activity time estimates typically indicate?
What does assessing each possible path help assess?
What does assessing each possible path help assess?
In the context of projects, if the planned completion of a path is expected at around (100%) with little issues, how many is it standard deviations?
In the context of projects, if the planned completion of a path is expected at around (100%) with little issues, how many is it standard deviations?
Activity A has 6 days Free Float between the activities. According to the reference Figure outlined, what is the equation to measure it's effectiveness?
Activity A has 6 days Free Float between the activities. According to the reference Figure outlined, what is the equation to measure it's effectiveness?
The Figure referenced shows Activity C which is critical. Thus, which of the following actions must be taken with Activity C?
The Figure referenced shows Activity C which is critical. Thus, which of the following actions must be taken with Activity C?
Activity B is not free to float forward. What conclusion should be made?
Activity B is not free to float forward. What conclusion should be made?
Assume (30) men as a target level of workers per day. Which of the following statements is TRUE in regards to reaching the goal?
Assume (30) men as a target level of workers per day. Which of the following statements is TRUE in regards to reaching the goal?
When there is more than one resource, a work is performed. What must be performed?
When there is more than one resource, a work is performed. What must be performed?
Which action aligns with the principle of keeping employment at a reasonable level?
Which action aligns with the principle of keeping employment at a reasonable level?
If each path must have a completed path by assessing which one aligns the probability that matches it?
If each path must have a completed path by assessing which one aligns the probability that matches it?
What is the time scaling of networks where their arrows are set to a time scale that measures from left-to-right?
What is the time scaling of networks where their arrows are set to a time scale that measures from left-to-right?
Flashcards
What is Project Planning?
What is Project Planning?
Function of coordinating activities, people, machines and materials to complete a project.
What is Project Scheduling?
What is Project Scheduling?
Placing the plan on a timetable, showing equipment and manpower allocation.
What is Bar Chart Method?
What is Bar Chart Method?
Planning method where traditional bar chart shows both functions with incomplete answers.
What is Critical Path Method (CPM)?
What is Critical Path Method (CPM)?
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What is the origin of CPM?
What is the origin of CPM?
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What is Program Evaluation Review Technique (PERT)?
What is Program Evaluation Review Technique (PERT)?
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What is a network?
What is a network?
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What is Duration?
What is Duration?
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What is Cost?
What is Cost?
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Who is responsible?
Who is responsible?
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Who should be present when using the Network
Who should be present when using the Network
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What is an event?
What is an event?
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What is a Dummy Activity?
What is a Dummy Activity?
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What is the Critical Path?
What is the Critical Path?
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How long is the critical path?
How long is the critical path?
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What is Earliest Event?
What is Earliest Event?
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What is the earliest activity start time?
What is the earliest activity start time?
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What is Early Start?
What is Early Start?
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What is the Earliest Finish?
What is the Earliest Finish?
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What is the Latest Event Time?
What is the Latest Event Time?
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What is the Latest Finish?
What is the Latest Finish?
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What is Activity Total Float?
What is Activity Total Float?
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What is Free Float?
What is Free Float?
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How activity times may be independent.
How activity times may be independent.
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What is the Gantt Chart?
What is the Gantt Chart?
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What is time scaled CPM network?
What is time scaled CPM network?
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What is Manpower Leveling?
What is Manpower Leveling?
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What is PERT for management?
What is PERT for management?
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What is Optimistic Time?
What is Optimistic Time?
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What is Probabilistic Time?
What is Probabilistic Time?
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What is Pessimistic time?
What is Pessimistic time?
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How a variance is associated with an activity's time
How a variance is associated with an activity's time
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What is normal distribution?
What is normal distribution?
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Study Notes
Planning Schedule Programming
- Planning is the coordination of activities, people, machines, and materials in a logical order to complete a project.
- Scheduling involves placing the plan on a calendar timetable and allocating equipment and manpower.
Methods of Planning
- Bar Chart Method
- Critical Path Method
Bar Chart Method
- Traditional bar charts show both functions simultaneously, which often results in incomplete answers and show a schedule for a plan that has been accepted without establishing that the plan is the most economical.
Critical Path Method (CPM)
- CPM is a technique that separates planning and scheduling, clarifying the relationship between time and cost.
- CPM began with a study initiated by E.I duPont Nemours in 1956, in conjunction with the Ubivac applications Research Center of Remington Rand.
CPM Inputs
- Network (Arrow Diagram)
- Duration (Estimates of Activities)
- Cost (Estimates of activities)
- Resource Estimates
- Trade (responsibility)
- The network or arrow diagram is usually created by all individuals involved in the project.
Network Diagram Terminology
- Event -Â A point in time signaling the beginning or end of one or more activities
- Dummy Activity - Represents no real work, having no duration and no cost.
Critical Path
- Critical Path is the longest route in the network of activities representing a project.
- The sum of the activities duration along this route is the duration of the project.
- The time required to complete a project is numerically equal to the length of the critical path.
- Activities along the critical path are called Critical Activities of the project; any delay may delay the project.
- There may be more than one critical path, and it can shift as the project progresses.
Time Factors
- Earliest Event - The earliest an event can occur without delaying the earliest start of any activity.
- Earliest Event Time - Numerically equal to the longest path of activities from the project start to finish. Unless specified, it's assumed to be zero for the starting event.
- Earliest Start - Cannot be earlier than the earliest event time, always equal to the earliest event at the beginning
- i-node - Of an arrow
- j-node - Point of an arrow
- Early Start - Not necessarily when the activity will be over, the earliest time it can occur, and the first day after the physical assumption of the activity.
- Earliest Finish - Of an activity is equal to its Earliest Star plus its duration or time.
- Latest Event Time - The latest time an event may occur without delaying project completion.
- Numerically equal to the length of the critical path minus the longest path from the project and event to the event in question.
- Latest Finish - Of an activity cannot be later than the latest event time of its j-node. All activities with the same j-node have the same late finish.
- Latest Event Time - J-node is the same as the latest event time at their common node.
- Latest Start - Plus duration equals the latest finish.
- Float - Activity Total Float or Activity Total Slack - Is the span of time an activity can be delayed after its earliest start time without delaying project completion.
- It is numerically equal to the total time for the activity minus the activity duration.
- Free Float - The span of time an activity can be delayed after its Early Start without delaying the Earliest Start of any succeeding actual activity.
- Free Float - The early Event time at the inode of the next succeeding real activity minus the EF of the activity.
- Independent Float - A portion of the activities Free Float that would remain if all its preceding activities used up all their float.
- It is numerically equal to the ES of the succeeding real activities minus the LF of the preceding activities minus the duration of activity in question.
Rules for Computing the Early Start (ES) and Early Finish (EF)
- The Earliest Finish (EF) for any activity is equal to its earliest starting time plus its expected duration time t.
- For nodes with one entering arrow, ES for activities at such node is equal to EF of the entering arrow.
- For nodes with multiple entering arrows, the ES for activities leaving such node is equals the largest EF of the entering arrow. Activity oriented CPM network diagram rules:
- When an activity is the only predecessor, the activity's Early Finish (EF) is equal to the Early Start (ES) of any successors.
- When two or more activities have a common successor, the successor's Early Start (ES) is equal to the Latest Early Finish of its predecessors.
- When an activity has only one Successor Activity, its Latest Finish (LF) is equal to the Latest Start (LS) of the Successor.
- When two or more activities have only one successor activity, the Latest Start (LS) of the successor activity is equal to the Latest Finish (LF) of any predecessors.
Computing techniques for finding project duration
- The activities with Zero Slack Time indicate the critical path.
- The critical paths are activities 1-2-4-5 having 11 days duration.
- For Nodes with several entering activities, the Early Start (ES) time for leaving activities of that Node is the Largest EF of the entering activities.
- Latest Start (LS) of an activity plus the duration equals the Latest Finish (LF).
Gantt Chart
- Popular for planning and scheduling simple projects and monitoring progress over time.
- Once completed, the chart shows activities, duration, and timing.
Chart Information
- Ongoing activities on any date can be seen on the diagram using a straight edge.
- The time extension request can be determined.
- The delay is due to conditions beyond control of man such as rain, flood and typhoon and such delay is along the critical path, the request should be considered.
- Time extension is not granted if the delay incurred is less than the total float of the delayed activity.
Manpower Leveling
- Employment fluctuation and equipment utilization adds to the cost of the project.
- It is a problem to keep employment at an acceptable level.
- The figure is a time scaled CPM network with manpower loading chart.
- A time scaled networks or is simply diagram where the arrows are indicated on time scale from left to right.
- Activities are shown above with their manpower loading, the corresponding time estimate for each activity.
- The network has all the activities scheduled at their earliest possible start dates.
Probable Time Estimate
- PERT Tool is suited for research and development projects, which are generally non-repetitive in nature.
- It is sometimes called "once through" projects.
- PERT handles the uncertainty problem using three time estimates.
Pert Time Types
- Optimistic time - The estimated minimum time an activity will take. Its probability is about 1 in 100 or 1% represented by letter a.
- Most Likely or Probabilistic Time - The estimated normal length of time an activity takes, represented by letter m.
- Pessimistic time - The estimated maximum time that will be required under the worst conditions. Its probability is about -1 in 100 or 1% represented by letter b.
- 1.Frequency distribution - the presentation of the numbers in a tabulated form which is called a frequency distribution presented in a graph form.
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- Normal curve or normal probability curve
Time Formulas
- Expected time: Et = a + 4m + b / 6
- Variance: v2 / 36 = ( b-a)2 / 36
- v path = √E( variance of activities on path)
The formula used to find the value of zis (table Appendix A)
Z = ( Expected path duration) / path standard deviation.
Rules of Thumb
- Treat the probability of timely completion of a path as 100% if its expected time pulse 2.5 of its standard deviations is less than the specified time-Activity times are independent of each other and activity is only in one path.
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