Resource Scheduling Methods: Analysis

Critical path analysis identifies the most efficient and cost effective way of completing a complex project. The various activities which together will make up the project are identified, and the order of these activities are identified. Then, the duration of each activity is estimated and these factors are then arranged as a network or graph, showing the whole project from start to finish, and showing which tasks can happen at the same time. The sequence of tasks which have to be done one after another with no gaps in between is called the Critical Path.

Analyzing the critical path, there is a high level risk as it runs parallel to itself, more than one task at a particular time could delay project. Some other tasks run parallel to the critical path and have same duration; a delay in one of these tasks will change the critical path and delay the whole project.

Critical path is the one that determines the shortest time to complete a project, which assumes low uncertainty and does not consider resource dependencies.

Resources used will be primarily the project team members. To reduce risk all members need to be aware of the project schedule so that the right team members are available at the right times. Adequate computer resources, physical space and other support staff need to be ensured so that the project does not fall behind schedule.

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.

Critical Path: The sequence of activities that represents the longest path through a project, which determines the shortest possible duration.

Set an ambitious but not overly optimistic target completion date, according to resources invested and management’s targets. In case of delays, readjust target completion date.

The purpose of this paper is to perform an analysis of the available four scheduling methods and how they apply to Hi-Ho Yo-Yo's dilemma. This will determine the best method to allow the company to meet the required deadlines for the increased load of work for July The four methods are first come, first served (FCFS), shortest processing time (SPT), earliest due date (EDD), and critical ratio (CR).

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

Specific plans and projects. Scheduling is concerned about the implementation of activities necessary to achieve the laid down plans. The function of control is to institute a mechanism that can trigger a warning signal if actual performance is deviating (in terms of time, cost and some other measures of effectiveness) from the plan. If such a deviation is unacceptable to the concerned manager, he will be required to take corrective action to bring performance in conformity with the plans. The PERT and

This paper includes an outline of a presentation, command terms and definitions, examples of graphs and a Work Breakdown Schedule (WBS) on project management, and presented to the class at Crescent View High School. The focus will be on how to plan, schedule, monitor, and report on projects. Also included are the project management methodologies, tools and techniques used. The discussion to the class will begin with an opening statement that provides an overview of project management, terms and definitions, and an example of buying a house utilizing project management to manage activities.

Step 2: Answer the following questions: (15 points total) a) Calculate the scheduled completion time. (3 points) 25 b) Identify the critical path (4 points) B,D,G,H c) What is the slack time (float) for activity A?

Project scheduling can be performed in many ways. Some of the more common and popular methods of project scheduling are network analysis and the critical path method of scheduling (CPM). Although companies do not always use these methods in there exact form, most do tend to use a modified version of one or both of these methods. I discovered that Craft does not use network analysis or CPM, but they do have a scheduling method that works for them and is quite similar to CPM.

Having 3 days of delay in electrical can affect the whole project. Therefore, the negotiation of 15 working days would exceed up to 18 days, which could cause the penalty of $300 ($100 per extra day). In order to minimise a project’s critical path, sequencing of tasks should be changed. On the off chance that one can do a project’s tasks in alternate grouping to that initially proposed, one might have the capacity to shorten the critical path. A level of intricacy by striving for shortening the critical path, which is primarily hazardous, is unavoidably acquainted with the task. (Aydar, 2014) With a specific end goal to convey this shorter timescale, the critical path should be controlled

In this method, there is a potential cost reduction in moving too fast through project tasks. With this method that is an inability to go back a step to change outcomes. Each step must be completed thoroughly and correctly to be able to continue with the project. Documentation of the process is an important piece of this method to allow for understanding of project procedures by others.