Project Management Tools PDF

## A simple tool: the Risk Index (R.I.) - A simple, quick indicator - Useful to establish priorities - R.I. = C x E x P - where: - C = Consequence (most likely result) - E = Exposure (presence of the danger) - P = Probability (that events lead to accident) ## Design Process Tool - Pugh...

## A simple tool: the Risk Index (R.I.) - A simple, quick indicator - Useful to establish priorities - R.I. = C x E x P - where: - C = Consequence (most likely result) - E = Exposure (presence of the danger) - P = Probability (that events lead to accident) ## Design Process Tool - Pugh Matrix to rank alternatives 1. Define the "baseline" (existing product or process that is not optimal) 2. Define criteria 3. Define alternative concepts 4. Define attribute rating scale (weighting) 5. Define concept alternative scaling criteria | Attribute Rating Criteria | Concept Alternative Scaling Criteria | |---|---| | 0 = low | - = disadvantage | | 10 = high | 0 = no improvement | | | + = advantage | ## Project Management Tools ### Gantt chart A Gantt chart is a visual representation of a project schedule. It shows the tasks that need to be completed, the duration of each task, and the dependencies between tasks. ### PERT Chart - Project Evaluation and Review Technique - Critical Path Method (CPM) - For prioritizing and scheduling complex, interrelated activities - Illustrates task dependencies The image shows a PERT chart with a critical path of 12 days and a slack time of 2 days for the path A-B-C-E-G-H. The durations of tasks are indicated on the branches of the chart.