Advantages and Disadvantages of Shortening Project Schedules Essay example

This is to ensure that the necessary raw materials and physical resources are available at each stage, and that the workforce on site has the right skills for the scheduled work. The project management team will need to produce a series of planning documents that can be accessed throughout the project. Each member of the project management team must know their role and responsibilities, including which sections of the workforce they will be directly managing.

Approve more funds to hire more resources, unclear how many will be needed to gain this amount of time from the duration.

An old adage-plan the work and work the plan, in essence this is the key to successful project management. Project Managers (PM) must first plan out the project and then monitor and control the execution of the program work. There is a tendency for projects to short change the planning process. This is a common mistake. The time spent properly planning will result in reduced cost and duration, and increased quality over the life of the project. Using tried and true best practices for a PM will provide assurance that the program /project will be beneficial and successful.

Describe common practices to estimate the duration of project activities as well as real reasons that cause project delays.

(b) Which activities should be crashed to meet a project deadline of 12 days at minimum cost?

B) If a project schedule is relaxed or lengthened the impact of quality could add additional costs, a change in schedule as well as a budget increase. If you have additional time in your schedule you might be able to increase scope by adding tasks and duration. With this extra time and scope you can build a higher level of quality into the project and its deliverables. If you need to cut costs to meet your budget, you might have to decrease scope by cutting tasks or reducing task durations.

1. Activities to be crashed in order to complete the project within 30 weeks: Task F. and task D.

Now these projects range from social media plans to cost reduction outline. Most of us had 2 projects to work on, each project was a different team with different agendas making it difficult for you to fluctuate your time. Of course at first it was just annoying and tedious for all of us to have to manage our time. However, looking back it has made me realize that by doing that our instructor has given us this challenge to show us in the real world you don’t have just one task all day. You will be multi-tasking and working with different

(b) which activities should be crashed to meet a project deadline of 12 days at minimum cost; and

In almost every business, project management is critically important. The critical path method (CPM) will provide a timeline for the project manager for when tasks should be completed. In addition, providing a deadline and the negative effects it will have on the following successors if not completed on time. These many task are interdepended. Therefore, the CPM provides the start and finishes times of the tasks, and identifies the few tasks on the critical path that the project manager should observe to determine which task needs the most attention. Already discovering and incorporating the details the task or assignments may require, CPM calculates all task times, which can be measured in hours, days, weeks, and months. For any unintended manually input errors, a warning message will be provided. Including an automatic successor generator, task numbering comment, and data validation, makes it easier on the project manager.

Reducing the duration of the project may prove to be difficult. Each Seminar (Convention) is based on a case-by-case basis as stated previously. Each client may entail variations in timing. Each client is totally independent of any other scenario or case that is transpiring at the

In field of project management, there are a plethora of mechanisms under perpetual reevaluation. One specific segmentation of project management under such scrutiny pertains to cost duration, which is the time and monetary costs of completing individual tasks within the project’s critical path (IBM Knowledge Center, 2016). The process of monitoring and evaluating the time and financial impacts of each task is referred to as cost duration analysis (IBM Knowledge Center, 2016). A chief concern of cost duration analysis is identifying tasks within the project’s critical path which can reduce project duration (PMI, 2013). A common approach to reducing a project’s duration is task “crashing” (PMI, p.181). According to The Project Management Institute (2013) crashing refers to the process of methodical determining the financial value of increasing a critical path task’s resources in order to decrease project duration (p.181).

While projects can be similar in some instances, no two projects are ever the same. For this reason, management of projects requires the application of tools and techniques to meet the goals of the temporary endeavor. Project managers apply these tools and techniques to determine what is required for project delivery such as the list of activities to completed, the time required to complete the activities, resources needed and the various risks associated with the deliverable and efforts. A multitude of tools and techniques are employed by the project manager based on the need of the effort to organize, identify and communicate the various aspects of the project. While in contrast, the repetitive nature of operations activities

Project Time Management – an estimated time for the completion of each task and based on resources, the duration is determined.

Managing a project is no easy task. A project is a series of tasks or jobs that are related to each other and directed toward a common goal or output. Projects usually require a significant time commitment, and tend to be handled by groups of workers. The employees at Craft Construction, a small business that deals with complete remodeling and some small commercial buildings, generally divide into groups of two or three workers per project. The number of employees assigned to a job usually depends on the size of the project. For each project, a project manager and a lead carpenter are assigned to handle most of the work. Project scheduling is different for every job. Smaller jobs require less planning because there is