Project Management: Network Diagram, Risk Precautions, Critical Path, Project Evaluation, Gantt Chart, and Useful Information

Project Management

Table of Contents
INTRODUCTION ..........................................................................................................................4
TASK 1............................................................................................................................................4
Construct a network diagram identifying the following:............................................................4
TASK 2............................................................................................................................................5
Provide at least 4 generic precautions that a Project leader may take to ensure that there is no
delay on any of a project’s activities...........................................................................................5
TASK 3 ...........................................................................................................................................6
Assume that there is a delay of 3 days in completing activity T06. Critically evaluate two
different possible actions that the Project Manager could take to avoid exceeding the current
length of the critical path.............................................................................................................6
TASK 4............................................................................................................................................7
Discuss the three measures by which a project is evaluated and at least 2 factors that
impact/weigh-in on project success ...........................................................................................7
TASK 5............................................................................................................................................8
Demonstrate, with an example, how the use of assigning an RPN to potential risks that may
occur during a project helps towards reducing the impact of such risks on the project. ............8
TASK 6..........................................................................................................................................10
Using the Network Diagram information provided, create a Gantt Chart against which project
progress may be monitored. .....................................................................................................10
TASK 7 .........................................................................................................................................13
Identify and discuss two useful pieces of information that a Gantt chart may be used to reveal
which a Network Diagram does not. ........................................................................................13
CONCLUSION .............................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
Project management will termed as an effective set of management and with adequate
implementation of abilities, sense of knowledge in management. By maintaining spectacular
actions and their exertion of project in terms of the aims and desires that will require to be get
satisfy. It will also deals the suitable manner to devise the managerial sections and will offers an
adequate set of direction to the project executive in respect to execute all the actions as according
to an adequate criteria and accomplish success (Aliasser, and Adesta, 2021). The following
report is based on the Megabyte Software, Inc., and will also create plans in respect to maintain it
efficiently. The report lead to cover network diagram and risk precautions will also advised for
the growth and implementation of project.
TASK 1
Construct a network diagram identifying the following:

The above mentioned diagram is underneath basis and prepared in order of network diagram.
Early Start Activity Number Early finish
Slack time ACTIVITY NAME
Late Start Duration Late Finish
As it is the abbreviated course in order to maintain the manner to implement various task. As
according to this project the shortened time let on the case of project is T01, T02, T04, T05, T09,
T10, T11, and T012. In respect to ascertain the answer, in very rapid way is that are the length of
the presented actions.
TASK 2
Provide at least 4 generic precautions that a Project leader may take to ensure that there is no
delay on any of a project’s activities.
Unexpected delays are termed as one of the major and common issues in the project
management as effectively and efficiently (Chang, Wiewiora, and Liu, 2021). As in the
management of Megabyte Software, Inc., there are various causes for delays such as, by having
change in the project, resources will become unavailable, the project time slide will not arranged
suitably, targets and deliverables will not termed as realistic in the project constraints, external
marketers will not delivers not fix time, communication among project stakeholder is not
efficient and many more.
As there are four basic sections to manage the risk that are as follows -