Tuesday, November 27, 2012

Project Time Management


This chapter covers key concepts related to Project Time Management.
The knowledge area of Project Time Management consists of the following processes -
Time Management Processes
ProcessProject PhaseKey Deliverables
Define ActivitiesPlanningActivity List, Milestone list
Sequence ActivitiesPlanningProject Schedule network diagrams
Estimate Activity ResourcesPlanningActivity resource requirements,
Resource breakdown structure
Estimate Activity DurationsPlanningActivity duration estimates
Develop SchedulePlanningProject Schedule
Control ScheduleMonitoring and ControllingWork Performance measurements,
Change Requests
class="basic" The Define Activities process has the following Inputs, Tools and Techniques and Outputs -
Define Activities Process
InputsTools and TechniquesOutputs
Scope baselineDecompositionActivity list
Enterprise environmental factorsRolling wave planningActivity attributes
Organizational process assetsTemplatesMilestone list

Expert judgment
The Sequence Activities process has the following Inputs, Tools and Techniques and Outputs -
Sequence Activities Process
InputsTools and TechniquesOutputs
Project scope statementPrecedence diagram method (PDM) or AONProject schedule network diagrams
Activity ListApplying leads and lagsProject document updates
Activity attributesSchedule Network Templates
Milestone listDependency determination
Organizational process assets

The Estimate Activity Resources process has the following Inputs, Tools and Techniques and Outputs -
Estimate Activity Resources Process
InputsTools and TechniquesOutputs
Activity ListExpert judgmentActivity resource requirements
Activity attributesAlternative analysisResource breakdown structure
Resource calendarsPublished estimating dataProject document updates
Enterprise environmental factorsBottom-up estimating
Organizational process assetsProject Management software
The Estimate Activity Durations process has the following Inputs, Tools and Techniques and Outputs -
Estimate Activity Durations Process
InputsTools and TechniquesOutputs
Activity listExpert judgmentActivity duration estimates
Activity attributesAnalogous estimatingProject document updates
Activity resource requirementsParametric estimating
Resource calendarsThree-point estimates
Project scope statementReserve analysis
Enterprise environmental factors

Organizational process assets

The Develop Schedule process has the following Inputs, Tools and Techniques, and Outputs-
Develop Schedule Process
InputsTools and TechniquesOutputs
Organizational process assetsSchedule network analysisProject Schedule
Project scope statementCritical path methodSchedule baseline
Activity ListSchedule CompressionSchedule data
Activity attributesWhat-if scenario analysisProject document updates
Project Schedule Network diagramResource levelling
Activity Resource requirementsCritical chain method
Resource CalendarsScheduling tool
Activity duration estimatesApplying calendars
Project Management Plan -
Risk Register
Adjusting Leads and Lags
Enterprise environmental factors

The Control Schedule process has the following Inputs, Tools and Techniques and Outputs -
Control Schedule Process
InputsTools and TechniquesOutputs
Project management planPerformance reviewsWork performance measurements
Project scheduleVariance analysisOrganizational process assets updates
Work performance informationProject management softwareChange requests
Organizational process assetsResource levelingProject management plan updates

What-if scenario analysisProject document updates

Adjusting leads and lags

Schedule compression

Scheduling tool
Bar charts (or Gantt charts) are used to display tasks and their dates in a graphical fashion. They are used to display information of the type task 1 is scheduled from date A to date B. Typically the date range is displayed in the X-axis and the tasks on the Y-axis. Bar charts do not show task dependencies. They are generally used to track progress and show to the team.
Milestone charts are similar to bar charts but display only major events. They display major milestones (for example bridge design completed). They are used to report status to Management.
Network diagrams are used to display activities and their dependencies. Network diagrams can be used to perform critical path analysis. Network diagrams can also be used to perform crashing and fast tracking of the project. 
There are two type of network diagrams -
  • Activities on Node (or Precedence)
  • Activities on Arrow (or AOA)
Precedence is most commonly used. AON and AOA cannot have loops or conditional relationships.
An activity in a network diagram is displayed as shown below.
Activity name
class="basic"Activity NumberEstimate
As an example -
Documentation
25 days
In the above example Documentation is activity number 2 and is estimated to last 5 days.
Precedence (or Activity on Node) diagrams can be used to display four type of relationship between activities. These are
  • Finish-To-Start
  • Start-To-Start
  • Start-To-Finish
  • Finish-To-Finish
Finish-to-start relationship means the dependent activity cannot start until the first activity is finished. This is the most common way to represent relationships between activities.
Activity on Array (AOA) network diagrams have the following characteristics.
  • AOA only uses Finish-To-Start relationship between tasks.
  • PERT and CPM can only be used with AOA.
  • Dummy events are shown with dotted lines. They do not take any time. They show dependencies between tasks.
Longest path through the network diagram is called the critical path. The activities on the critical paths are called critical activities.
Lags are inserted waiting times in between tasks. For example Task B cannot start until three days after task A completes.
Slack or Float is the amount of time a task can be delayed without delaying the project. Tasks on the critical path have zero float.
Critical Path Method (CPM) has the following characteristics.
  • It uses one time estimate per activity
  • It can be drawn only using AOA diagrams
  • It can have dummy events
Program Evaluation and Review Technique (PERT) has the following characteristics.
  • It uses three estimates per activity - optimistic, pessimistic and most likely
  • It can be drawn only using AOA diagrams
  • It can have dummy events
PERT utilizes more information than CPM as it considers the "Pessimistic" and "Optimistic" values in addition to the "Most Likely" value in its calculations. The following are formulae used by PERT -
 Mean = (P + 4M + O)/6
 Standard Deviation = (P-O)/6
 Variance = ((P-O)/6)2 

Here P is the pessimistic estimate, O is the optimistic estimate and M is the most likely estimate.
GERT is another type of network diagram. It can support looping.
If a project has more than one critical paths then the risk to the project increases.
Resource levelling refers to keeping the resources same across the duration of the project.

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