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Project Management Methodologies: Critical Path, Waterfall, and Critical Chain

   

Added on  2023-01-10

12 Pages2484 Words72 Views
AM804001: Project Management Assessment 1: Case

Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
CONCLUSION.........................................................................................................................................10
REFERENCES..........................................................................................................................................11

INTRODUCTION
Project management is the process of guiding the company's efforts towards achieving
the objectives and meeting the idea of success at a prescribed period. The main concern of
project management is to accomplish all the objectives of the project within the limits set
(Pellerin and Perrier, 2019). In this project report a case study is being chosen that is related to
organizing a conference of three days where industry partners will share success tips as well as
staff needs with different schools. Under this case, location is not selected which is going to be
chosen in the project. This project is based on analyzing role of project management
methodologies along with choosing a suitable methodology for achieving goal of selected case
study.
MAIN BODY
Project management methodologies:
There are a range of methods in project management and each of them plays a key role in
order to achieve target of any project. The approach for project management is basically a set of
principles and procedures for project management. The method chosen determines how to work
together and communicate. Selecting project management techniques (PMM) is one of the first
choices to be made as project leader. In regards to above mentioned case study, different types of
methodologies of project management are mentioned that are as follows:
Critical path method- The Critical Path Method (CPM) or project planning is a methodology
used to program a set of project operations. It is typically used in combination with the Program
quality checking Technique (PERT). The critical path is analyzed to identify the maximum
period of related events and by evaluating the time it takes to complete them from beginning to
end. Critical Path Mapping is widely used for many forms of programs, including manufacturing,
aerospace and security, software creation, scientific studies, product growth, production and
plant management, and others (Pollard, 2019). This technique of quantitative equations can be
applied to any project with interrelated parts. The first time CPM was being used for significant

skyscraper growth was in 1966 when the retired World Trade Center top floors were built in
New York City. Although the initial CPM system and methodology are no currently used, the
concept is commonly applicable to any method used to evaluate a project network logic circuit. It
consists below mentioned components that are as follows:
List of all activities- Under this component of CPM, a detailed list of all activities is
included that are going to be covered in completing a project. In the context of above
case study, there can be below mentioned activities which are as follows:
Day 1:
1. Setting list of guests
2. Selecting venue
3. Arrangement of chairs and other aspects
Day 2:
4. Classifying different schools for individual sessions
5. Managing space for personal session
6. Organizing function of dinner for all visitors
Day 3:
7. Arrangement of transportation for all guests.
8. Taking feedback from all visitors about management of conference
Time duration of each activity- In this stage, total time duration for completing a project
is included. It consists time for each individual activity. Herein, below analysis of time
duration for each activity is mentioned in such manner that is as follows:
Activity Time (In days)
Setting list of guests 2
Selecting venue 2
Arrangement of chairs and other aspects 1

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