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Pm 5 time
 

Pm 5 time

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Time Management

Time Management

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    Pm 5 time Pm 5 time Presentation Transcript

    • Project Mgmt. Time Management(Getting it done on Time)
    • 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
    • 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
    • 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
    • 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
    • Activity Sequencing • Wedding Planning - Activities – Booking – Food – Invitations – Purchaseshttp://www.radiantminds.co.in
    • 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
    • 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
    • How long project will take • Activity list • Activity attributes • Resource Calendar • Resource Requirements • Project scope statement • Activity duration estimatehttp://www.radiantminds.co.in
    • Estimation Techniques • Expert Judgment • Function Point Analysis • Cocomo • Delphihttp://www.radiantminds.co.in
    • 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
    • Network Diagram Act-C Act-A 2 4 Start Act-B Finish 0 7 Act-D Act-E 3 5http://www.radiantminds.co.in
    • 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
    • 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
    • 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
    • C B A 7 1 3Start Finish 0 E D 3 4 G F 2 2
    • 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
    • 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
    • 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