This document discusses the allocation of resources in a multi-project environment, the role of higher level officials in changing the organizational structure, heuristic project scheduling, and sorting out scheduling rules. It also explores traditional methods of network scheduling and various scheduling techniques used by project managers.
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Running head: MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION Name of the Student Name of the university Author note
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1MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION Table of Contents Part 1..........................................................................................................................................2 Allocation of resources under certain circumstances.................................................................2 Role of the higher level officials in changing the organizational structure...........................2 Heuristic project scheduling...................................................................................................3 Sorting out Scheduling Rules.................................................................................................3 Part 2..........................................................................................................................................3 Part 3..........................................................................................................................................4 References..................................................................................................................................5
2MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION Part 1 Allocation of resources under certain circumstances The matrix structure acts as a vital part in case of every multi-project environment serving as the key source to maintain the flow of the resources in a efficient manner within the premises of the organization. The individuals criticising the matrix structure are of the opinion that it serves as an internal propensity for conflict in between the managers. The conflicts arise in between the different project managers working in a multi-project setting as well as in between the various interests present in the project and functional managers (Yang and Fu 2014). As a solution to this problem a system dynamics simulation has been designed for the high-tech environment background which is suffering from uncertainty deadlines of the project accompanied by intensive competition over the limited resources. The calculations were made for the net benefits in case of the present groups of the organization that come under the work profile present. The results show that not all conflicts are realistic. Role of the higher level officials in changing the organizational structure For some of the objectives of the project, the higher organizational performance can be accomplished only when the managers understand that there does not exist any such basic differences in case of the real interests and these can certainly agree with a resource allocation policy. The readiness in case of changing the organizational structure is significant in such an environment that is a characteristic of the ongoing changes in the nature of the competition that offers modern technological advantages (Zhang, Zuo and Zillante 2013). The officials in the upper level of management can centralize the process involved in decision making providing the resources for the specific projects having a control over the specific
3MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION decisions of the budget to the functional managers present or providing freedom to the ongoing individual projects so that similar resource allocations can be made used of. As per the research done by the theoretical models show that modulating in between the governing structures that are temporary provide high level of efficiency. Heuristic project scheduling The problem that is encountered in case of scheduling activities under the limited resources and the available precedence constraints is generally a common thing that has been receiving lots of attention in the literature (Meredith, Mantel and Shafer 2017). For smaller problems these can be applied but in case of bigger problems a number of heuristic algorithms prove to be effective. The problem that is encountered is as follows: 1) A certain set of projects requires scheduling. 2) Every project consists of certain set of activities and duration that is dependent on schedule and thus once it starts the work should progress at a consistent rate. 3) Limited quantity of resources is available. Sorting out Scheduling Rules The application of the heuristic solution procedures to practical problem of the project scheduling have been studied and as there are an available number of scheduling rules and at times it is tough for the practicing manager to sort out which rule to be applied and the problem is that if a certain rule is started with then the whole project needs to be carried on with the same rule (Laslo 2010). Thus new methods of categorization are being used in order to avoid the above stated instances.
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4MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION Part 2 The traditional methods of network scheduling such as GPM and PERT are not to be accounted for the constraints on the available resources for the performance of the various activities in the network. There has been limited success when accounting for these specific resource constraints by the help of the exact mathematical formulations. As per my opinion in case of the heuristic solution methods there has been a steep rate of success. My personal experience being that multiple projects with constrained resources face difficulties and here comesintheheuristicsolutionswithsomeitskeyconceptssuchasavailability, representativeness and anchoring and adjustment. Part 3 The various scheduling techniques used by project managers are as follows: 1)Mathematical analysis- The two techniques that the project managers mostly use are Critical Path Method and Program Evaluation and Review technique (Abraham 2016). These methods are used to make calculations based on the assumed start and the finish dates that are based on the scope of the project. 2) Duration Compression- This technique is used to shorten a schedule and is used when the project is taking much time to get over and to find out a way in order to adjust a schedule without bringing any such changes to the project’s scope (Ratajczak-Ropel and Skakovski 2018). Fast tracking and crashing are the two techniques that can be applied. 3) Simulation- In this technique different set of activities are made used of in order to calculate the possible durations related to the specific project. This technique is effective when there are lot of uncertainties and variables. Using this technique a schedule can be created on the basis of assumptions.
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6MULTI-PROJECT SCHEDULING AND RESOURC ALLOCATION References Abraham,G.T.,2016.Group-basedparallelmulti-schedulingmethodsforgrid computing(Doctoral dissertation, Coventry University). Laslo, Z., 2010. Project portfolio management: An integrated method for resource planning and scheduling to minimize planning/scheduling-dependent expenses.International journal of project management,28(6), pp.609-618. Meredith, J.R., Mantel Jr, S.J. and Shafer, S.M., 2017.Project management: a managerial approach. John Wiley & Sons. Ratajczak-Ropel,E.andSkakovski,A.,2018.Population-BasedApproachestothe Resource-ConstrainedandDiscrete-ContinuousScheduling.SpringerInternational Publishing. Yang, S. and Fu, L., 2014. Critical chain and evidence reasoning applied to multi-project resourcescheduleinautomobileR&Dprocess.InternationalJournalofProject Management,32(1), pp.166-177. Zhang, F., Zuo, J. and Zillante, G., 2013. Identification and evaluation of the key social competencies for Chinese construction project managers.International Journal of Project Management,31(5), pp.748-759.