Use a graphical approach such as Critical Path Method (CPM) ■ Captures the activities and their inter- relationships using a graph (network of precedence relationships) Code ■ Data take-of ■ Lines are used to represent the activities ■ Nodes are used to represent the start and stop of activities USED IN: the jobs repetitive in nature where the activity time estimates can be predicted with considerable certainty due to the existence of past experience. Adding time dimension . The forward pass ■ calculate the earliest start dates of the activities Earliest start date ■ To calculate the project completion date . The backward pass calculate the latest start dates for activities identify the critical path from the graph 1 Program test 3 6 7 Event Number Latest start date Slack (a measure on how late an event may be without affecting the end date of the project) + Id A B C D E F G H I Activity Name Design the project 4 framework Contract with sponsors and partners Identify and contract with startup businesses and collaborators Acquiring a location Designing and maintaining the shipping containers Acquiring materials and the required infrastructure Review application of startups that focus on providing good services Providing incubation Duration(Weeks) Precedents support (mentorship) Sales and Marketing 4 4 6 16 6 4 6 4 A A B D D.E G F
Use a graphical approach such as Critical Path Method (CPM) ■ Captures the activities and their inter- relationships using a graph (network of precedence relationships) Code ■ Data take-of ■ Lines are used to represent the activities ■ Nodes are used to represent the start and stop of activities USED IN: the jobs repetitive in nature where the activity time estimates can be predicted with considerable certainty due to the existence of past experience. Adding time dimension . The forward pass ■ calculate the earliest start dates of the activities Earliest start date ■ To calculate the project completion date . The backward pass calculate the latest start dates for activities identify the critical path from the graph 1 Program test 3 6 7 Event Number Latest start date Slack (a measure on how late an event may be without affecting the end date of the project) + Id A B C D E F G H I Activity Name Design the project 4 framework Contract with sponsors and partners Identify and contract with startup businesses and collaborators Acquiring a location Designing and maintaining the shipping containers Acquiring materials and the required infrastructure Review application of startups that focus on providing good services Providing incubation Duration(Weeks) Precedents support (mentorship) Sales and Marketing 4 4 6 16 6 4 6 4 A A B D D.E G F
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Need a CPM for it “I attached summary picture for CPM information”
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