logo

Compare and Contrast PM Tools and Techniques, Leadership Styles and Organisation Structures

   

Added on  2023-04-21

13 Pages1713 Words241 Views
Running head: PM TOOLS AND TECHNIQUES
Compare and Contrast PM Tools and Techniques, Leadership Styles and Organisation Structures
Name of the Student
Name of the University
Author’s Note:

1
PM TOOLS AND TECHNIQUES
Table of Contents
Question 1.....................................................................................................................................................................................................................2
Question 2.....................................................................................................................................................................................................................5
Question 3.....................................................................................................................................................................................................................8
Question 4...................................................................................................................................................................................................................10
References..................................................................................................................................................................................................................12

2
PM TOOLS AND TECHNIQUES
Question 1
Comparison and Contrast of PM tools
The comparison and contrast of few project management tools are as follows:
Key Features Gantt Charts Critical Path
Analysis
Logic Network PERT Product
Breakdown
Structure
Work Breakdown
Structure
1. Definition It is a horizontal bar
chart that provides
graphical
illustration of
schedule, which
helps in planning,
coordinating and
tracking of
specified tasks in
It is a mathematical
network analysis
technique that helps to
plan complex working
processes in reference
to critical path of
every alternative
system (Kerzner and
Kerzner 2017).
It is a virtual
network
representation,
which appears to
be completely
separate and
self-contained
network in a
project.
Project evaluation
and review
technique is a
statistical tool that
helps in analysing
and representing
tasks in a project
(Burke 2013).
It is a
hierarchical
structure of
things, which
project would
be delivering
to the user. It
is completely
different from
WBS is a project
deliverable, which
organizes team
work to manageable
sections. It is a
deliverable oriented
hierarchical
decomposition of
work.

3
PM TOOLS AND TECHNIQUES
any project. WBS.
2. Advantages i) Creates
complexity picture.
ii) Helps in setting
realistic time
frames.
iii) Helps in easy
organization of
tasks.
i) Makes
dependencies visible
within project
activities.
ii) Helps in organizing
larger and complex
project (Heagney
2016).
iii) Helps in reduction
of project duration.
i) Better
planning of
project in
respect to other
tools.
ii) Helps in
solving issues of
project.
i) Provides
project
visualization.
ii) Creates
timelines and
paths for reaching
the project.
i) Helps in
assessing,
planning and
displaying
project
outcomes.
ii) Breaks
product
components.
i) Boosts
productivity.
ii) Helps in risk
identification.
iii) Helps in
breaking the
activities (Leach
2014).
3.
Disadvantage
s
i) Can become
extremely
complicated.
ii) Size of bar does
not provide work
i) Complicated
network diagram.
ii) Time consuming in
comparison to other
PM tools.
i) Highly time
consuming.
ii) Incurs higher
costs.
i) Dependent on
data quality.
ii) Provides
emphasis on
critical path.
i) Unlike
WBS, it does
not break
project
activities.
i) It does not break
product
components.
ii) Follows
sequential

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Project Monitoring Assessment Report
|10
|1562
|9

Project Planning and Completion: Tools, Budget Template, Closure and Balanced Scorecard
|7
|897
|153

Methodical Approach to Project Management
|6
|1307
|125

ICT Project Management - PDF
|9
|1817
|531

Project Management Fundamentals: Vision, WBS, Network, Critical Path, Earned Value, and Scope Baseline
|7
|2120
|73

PPMP20009 Project Management Methodology Assignment
|3
|1237
|46