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Project Mgmt.   Time Management(Getting it done on Time)
Time Management    •   Figuring out work    •   Priorities the work    •   Judge complexity    •   Judge resources you hav...
Exercise    • Arrange this in proper order        1)   Schedule Control        2)   Activity Duration Estimating        3)...
Exercise – Proper Sequence    1)   Activity List    2)   Activity Sequencing    3)   Activity Resource Estimating    4)   ...
Activity Planning (WBS)    • Activity List (lower level WBS)    • Activity Attributes (Predecessor, Successor,      Constr...
Activity Sequencing    • Wedding Planning - Activities        –   Booking        –   Food        –   Invitations        – ...
Activity Planning    START    Hall Booking      Food            Invitations        Purchases    Location          Find Cat...
Activity Sequencing    •   Exercise ->        –   Finish to Start        –   Start to Start        –   Start to Finish    ...
How long project will take    •   Activity list    •   Activity attributes    •   Resource Calendar    •   Resource Requir...
Estimation Techniques    • Expert Judgment    • Function Point Analysis    •   Cocomo    • Delphihttp://www.radiantminds.c...
Critical Path Method    • It is string of activities that will delay the whole      project if anyone of them gets delayed...
Network Diagram                                Act-C                   Act-A                                2             ...
Network Diagram    • How to Find Critical Path    • Start->A ->C -> Finish    • Start->A ->B -> Finish    • Start->D ->E -...
Critical Path    •    Critical Path is the one with longest duration (Ex.        11 in above diagram)    •   Finding Float...
Critical Path    • Float for any activity on the critical path is zero    • We are not covering –        – Early start / E...
C                B        A               7                1        3Start                       Finish 0                 ...
Float for an activity    •   Start – A – B – C – Finish = 11    •   Start – D – E – Finish = 7    •   Start - D – F – G – ...
Float for an activity    •  Float for each of the activity on critical path is      zero    • For A, B, C Float = 0    • F...
Float for an activity    • Do the same for the next longest path    • Float for activity D is 3 and E is 4http://www.radia...
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Pm 5 time

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Transcript of "Pm 5 time"

  1. 1. Project Mgmt. Time Management(Getting it done on Time)
  2. 2. Time Management • Figuring out work • Priorities the work • Judge complexity • Judge resources you have / Skills • Estimate the efforts • Assign resource and time • Controlling schedulehttp://www.radiantminds.co.in
  3. 3. Exercise • Arrange this in proper order 1) Schedule Control 2) Activity Duration Estimating 3) Schedule Development 4) Activity Sequencing 5) Activity Definition 6) Activity Resource Estimatinghttp://www.radiantminds.co.in
  4. 4. Exercise – Proper Sequence 1) Activity List 2) Activity Sequencing 3) Activity Resource Estimating 4) Activity Duration Estimation 5) Schedule Development 6) Schedule Controlhttp://www.radiantminds.co.in
  5. 5. Activity Planning (WBS) • Activity List (lower level WBS) • Activity Attributes (Predecessor, Successor, Constraints) • Identify Milestones (IMP Checkpoint) • Request Change (Internal)http://www.radiantminds.co.in
  6. 6. Activity Sequencing • Wedding Planning - Activities – Booking – Food – Invitations – Purchaseshttp://www.radiantminds.co.in
  7. 7. Activity Planning START Hall Booking Food Invitations Purchases Location Find Caterer Guest List Readymade Parking Finalize Menu Print Tailoring Invitations Cost # of guests Mail Invitations Gifts (Constraints) (Constraints) (Finalize) Reception ? Wait for RSVP Guest List (Constraints)http://www.radiantminds.co.in
  8. 8. Activity Sequencing • Exercise -> – Finish to Start – Start to Start – Start to Finish – Finish to Finish • Lead Time & Lag Time • Gantt Charthttp://www.radiantminds.co.in
  9. 9. How long project will take • Activity list • Activity attributes • Resource Calendar • Resource Requirements • Project scope statement • Activity duration estimatehttp://www.radiantminds.co.in
  10. 10. Estimation Techniques • Expert Judgment • Function Point Analysis • Cocomo • Delphihttp://www.radiantminds.co.in
  11. 11. Critical Path Method • It is string of activities that will delay the whole project if anyone of them gets delayed 1) Create a guest list 2) Print invitations 3) Mail invitations 4) Wait for RSVP 5) Finalize the Menu 6) Cater the weddinghttp://www.radiantminds.co.in
  12. 12. Network Diagram Act-C Act-A 2 4 Start Act-B Finish 0 7 Act-D Act-E 3 5http://www.radiantminds.co.in
  13. 13. Network Diagram • How to Find Critical Path • Start->A ->C -> Finish • Start->A ->B -> Finish • Start->D ->E -> Finish • Add Durations (Time) for eachhttp://www.radiantminds.co.in
  14. 14. Critical Path • Critical Path is the one with longest duration (Ex. 11 in above diagram) • Finding Float / Slack time for each activity • Shows – how much play you have in your schedule without affecting the end datehttp://www.radiantminds.co.in
  15. 15. Critical Path • Float for any activity on the critical path is zero • We are not covering – – Early start / Early Finish – Late start / Late Finish – Lead and Lag timehttp://www.radiantminds.co.in
  16. 16. C B A 7 1 3Start Finish 0 E D 3 4 G F 2 2
  17. 17. Float for an activity • Start – A – B – C – Finish = 11 • Start – D – E – Finish = 7 • Start - D – F – G – Finish = 8 • Critical path = duration 11http://www.radiantminds.co.in
  18. 18. Float for an activity • Float for each of the activity on critical path is zero • For A, B, C Float = 0 • Find the next longest path • D-F-G = 8 • Subtract its duration from the duration of critical path (11-8 = 3) • Float for D, F, G is 3http://www.radiantminds.co.in
  19. 19. Float for an activity • Do the same for the next longest path • Float for activity D is 3 and E is 4http://www.radiantminds.co.in
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