Project Management Concepts and Applications

Verified

Added on  2020/04/21

|14
|1545
|76
AI Summary
The assignment presents a detailed case study of a construction project, outlining its various stages, tasks, and responsibilities. It employs Gantt charts to visualize the project timeline and emphasizes the importance of effective communication, risk management, and stakeholder engagement throughout the project lifecycle. The document delves into specific project management techniques, such as resource allocation, task scheduling, and progress monitoring, illustrating their application in a real-world scenario.

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Running head: PROJECT MANAGEMENT
Project Management
Name of the Student:
Student ID:
Name of the University:
Author’s note:

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
1PROJECT MANAGEMENT
Table of Contents
Problem 1: CPM Networks..............................................................................................................2
1. Activity-On-Arrow Diagram...................................................................................................2
2. Activity-On-Node Diagram.....................................................................................................2
3. ES/EF/LS/LF and Total floats.................................................................................................2
4. Critical Path of the Project.......................................................................................................3
Problem 2: PERT Calculations........................................................................................................4
1. Activity-On-Arrow Diagram...................................................................................................4
2. Critical Path of the Project.......................................................................................................5
3. Probability of project duration (<23 weeks)...........................................................................5
4. Probability of project duration (<25 weeks)............................................................................5
5. Completion time for probability (=84%).................................................................................6
Problem 3: PDM..............................................................................................................................6
1. ES/EF/LS/LF of each activity of project.................................................................................6
2. Critical Path.............................................................................................................................7
3. Non Critical Paths....................................................................................................................7
Problem 4: Crashing........................................................................................................................8
1. Activity-On-Diagram for project.............................................................................................8
2. Time required for project completion (before crashing).........................................................8
3. Time required for project completion (after crashing)............................................................8
4. Minimum cost increment in direct cost...................................................................................9
5. New project diagram..............................................................................................................10
Problem 5: Line of Balance...........................................................................................................10
1. Commencement and completion times of each operation.....................................................10
2. Table and diagram for project................................................................................................11
Bibliography..................................................................................................................................12
Document Page
2PROJECT MANAGEMENT
A GB
I
L
E
F
D
H
J K
C
A
GB
I
L
E
F
D
H
J K
C
Begin End
Problem 1: CPM Networks
1. Activity-On-Arrow Diagram
Figure 1: Activity-On-Arrow diagram for the project
2. Activity-On-Node Diagram
Figure 2: Activity-On-Node diagram for the project
3. ES/EF/LS/LF and Total floats
Task Name Early Start Early Finish Late Start Late Finish Float
A Mon 1/1/18 Fri 1/19/18 Mon 1/1/18 Fri 1/19/18 0
Document Page
3PROJECT MANAGEMENT
B Mon 1/22/18 Fri 1/26/18 Mon 1/29/18 Fri 2/2/18 1 wk
C Mon 1/22/18 Fri 2/2/18 Mon 1/22/18 Fri 2/2/18 0
D Mon 2/5/18 Fri 2/16/18 Mon 2/12/18 Fri 2/23/18 1 wk
E Mon 2/5/18 Fri 2/23/18 Mon 2/5/18 Fri 2/23/18 0
F Mon 1/29/18 Fri 2/9/18 Mon 2/12/18 Fri 2/23/18 2 wks
G Mon 2/26/18 Fri 3/2/18 Mon 2/26/18 Fri 3/2/18 0
H Mon 3/5/18 Fri 3/30/18 Mon 3/5/18 Fri 3/30/18 0
I Mon 2/12/18 Fri 3/16/18 Mon 2/26/18 Fri 3/30/18 2 wks
J Mon 4/2/18 Fri 4/13/18 Mon 4/2/18 Fri 4/13/18 0
K Mon 4/16/18 Fri 5/11/18 Mon 4/16/18 Fri 5/11/18 0
L Mon 2/12/18 Fri 3/23/18 Mon 4/2/18 Fri 5/11/18 8 wks
4. Critical Path of the Project
The critical path of the project is ACEGHJK

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
4PROJECT MANAGEMENT
B
A
C
D
E
F
G
H
I
ID Task
Mode
Task Name Duration Start Finish Predecessors
1 A 3 wks Mon 1/1/18 Fri 1/19/18
2 B 1 wk Mon 1/22/18 Fri 1/26/18 1
3 C 2 wks Mon 1/22/18 Fri 2/2/18 1
4 D 2 wks Mon 2/5/18 Fri 2/16/18 3
5 E 3 wks Mon 2/5/18 Fri 2/23/18 2,3
6 F 2 wks Mon 1/29/18 Fri 2/9/18 2
7 G 1 wk Mon 2/26/18 Fri 3/2/18 4,5
8 H 4 wks Mon 3/5/18 Fri 3/30/18 7
9 I 5 wks Mon 2/12/18 Fri 3/16/18 6
10 J 2 wks Mon 4/2/18 Fri 4/13/18 8,9
11 K 4 wks Mon 4/16/18 Fri 5/11/18 10
12 L 6 wks Mon 2/12/18 Fri 3/23/18 6
T M F T S W S T M F T S W S
Dec 17, '17 Jan 14, '18 Feb 11, '18 Mar 11, '18 Apr 8, '18 May 6,
Figure 3: Project Gantt chart showing the critical path
Problem 2: PERT Calculations
1. Activity-On-Arrow Diagram
Figure 4: Activity-On-Arrow diagram for the project
Document Page
5PROJECT MANAGEMENT
2. Critical Path of the Project
The critical path of the project is BCEGI
ID Task
Mode
Task Name Duration Start Finish Predecessors
1 A 12 wks Mon 1/1/18 Fri 3/23/18
2 B 8 wks Mon 1/1/18 Fri 2/23/18
3 C 7 wks Mon 2/26/18 Fri 4/13/18 2
4 D 6 wks Mon 2/26/18 Fri 4/6/18 2
5 E 2 wks Mon 4/16/18 Fri 4/27/18 3,1
6 F 2 wks Mon 4/16/18 Fri 4/27/18 1,3,4
7 G 1 wk Mon 4/30/18 Fri 5/4/18 5
8 H 5 wks Mon 4/30/18 Fri 6/1/18 5
9 I 5 wks Mon 5/7/18 Fri 6/8/18 6,7
M F T S W S T M F T S W S T M
Dec 17, '17 Jan 14, '18 Feb 11, '18 Mar 11, '18 Apr 8, '18 May 6, '18 Jun 3, '18
Figure 5: Project Gantt chart showing the critical path
3. Probability of project duration (<23 weeks)
The critical path of the project is BCEGI
Activity Optimistic Most
Likely
Pessimistic Expected Time
(a+(4*b)+c)/6
Standard
Deviation
Variance
B 4 8 10 7.67 1 1
C 6 7 8 10.5 0.33 0.1089
E 1 2 3 3 0.33 0.1089
G 1 1 1 1.5 0 0
I 4 5 6 7.5 0.33 0.1089
Total 16 23 28 30.17 1.3267
The probability that the project would be completed within 23 weeks is
NORMDIST((23-30.17)/SQRRoot(1.3267))
= 25.31% (approx)
4. Probability of project duration (<25 weeks)
Document Page
6PROJECT MANAGEMENT
The probability that the project would be completed within 23 weeks is
NORMDIST((25-30.17)/SQRRoot(1.3267))
= 36.08% (approx)
5. Completion time for probability (=84%)
The project time for the project to have 84% probability is
NORMINV(0.84,30.17,SQRT(1.3267))
31 weeks (approx)
Problem 3: PDM
1. ES/EF/LS/LF of each activity of project
Task Name Early Start Early Finish Late Start Late Finish
A Mon 1/1/18 Fri 2/2/18 Mon 1/1/18 Fri 2/2/18
B Wed 1/3/18 Tue 3/13/18 Wed 1/3/18 Tue 3/13/18
C Wed 1/3/18 Tue 1/23/18 Thu 2/1/18 Wed 2/21/18
D Fri 1/5/18 Thu 1/25/18 Mon 2/5/18 Fri 2/23/18
E Tue 1/30/18 Mon 2/12/18 Wed 2/28/18 Tue 3/13/18

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
7PROJECT MANAGEMENT
D
Start: Fri 1/5/18 ID: 4
Finish: Thu 1/25/18 Dur: 3 wks
Res:
B
Start: Wed 1/3/18 ID: 2
Finish: Tue 3/13/18 Dur: 10 wks
Res:
C
Start: Wed 1/3/18 ID: 3
Finish: Tue 1/23/18 Dur: 3 wks
Res:
A
Start: Mon 1/1/18 ID: 1
Finish: Fri 2/2/18 Dur: 5 wks
Res:
E
Start: Tue 1/30/18 ID: 5
Finish: Mon 2/12/18 Dur: 2 wks
Res:
Figure 6: Project Network Diagram
2. Critical Path
The critical path for the project is AB
ID Task
Mode
Task
Name
Duration Start Finish Predecessors
1 A 5 wks Mon 1/1/18 Fri 2/2/18
2 B 10 wks Wed 1/3/18 Tue 3/13/18 1SS+2 days
3 C 3 wks Wed 1/3/18 Tue 1/23/18 1SS+2 days
4 D 3 wks Fri 1/5/18 Thu 1/25/18 3FF+2 days,2SS+2 days
5 E 2 wks Tue 1/30/18 Mon 2/12/184FS+2 days
T M F T S W S T
Dec 17, '17 Jan 14, '18 Feb 11, '18 Mar 11, '18
Figure 7: Critical Path of the Project
3. Non Critical Paths
The non critical paths of the project are C, D, and E
Task Name Start Late Start Floats
D Fri 1/5/18 Mon 2/5/18 5 wks
E Tue 1/30/18 Wed 2/28/18 4 wks
Document Page
8PROJECT MANAGEMENT
A
G
B
E
F
C H
D
Problem 4: Crashing
1. Activity-On-Diagram for project
Figure 8: Activity-On-Node diagram for the project
2. Time required for project completion (before crashing)
The critical path for the project is ADEG and the time required for project
completion is 25 weeks.
3. Time required for project completion (after crashing)
The crashed values of the activities are,
Task Name Duration Crashed Duration
A 8 wks 5 wks
B 12 wks 11 wks
C 17 wks 14 wks
D 7 wks 5 wks
Document Page
9PROJECT MANAGEMENT
E 5 wks 4 wks
F 8 wks 7 wks
G 5 wks 4 wks
H 3 wks 2 wks
The critical path for the project is BFH and the time required for project completion
is 20 weeks that means the project could be crashed for 5 weeks maximum
4. Minimum cost increment in direct cost
The minimum increment of the cost is
Task Name Cost Crashed Cost
A 325 400
B 1200 1320
C 900 1020
D 520 600
E 210 270
F 100 190
G 200 250
H 300 400
Total 3755 4450
The increment of the value is by 4450-3755

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
10PROJECT MANAGEMENT
=625
5. New project diagram
ID Task
Mode
Task
Name
Duration Start Finish Predecessors
1 A 5 wks Mon 1/1/18 Fri 2/2/18
2 B 11 wks Mon 1/1/18 Fri 3/16/18
3 C 14 wks Mon 1/1/18 Fri 4/6/18
4 D 5 wks Mon 2/5/18 Fri 3/9/18 1
5 E 4 wks Mon 3/19/18 Fri 4/13/18 2,4
6 F 7 wks Mon 3/19/18 Fri 5/4/18 2
7 G 4 wks Mon 4/16/18 Fri 5/11/18 5
8 H 2 wks Mon 5/7/18 Fri 5/18/18 3,6
S T M F T S W S T M F T S W S T M F T S
Nov 19, '17 Dec 17, '17 Jan 14, '18 Feb 11, '18 Mar 11, '18 Apr 8, '18 May 6, '18 Jun 3, '18 Jul 1, '18
Figure 9: Project Gantt chart diagram
Problem 5: Line of Balance
1. Commencement and completion times of each operation
The project is expected to start at 1/1/18 and each activity would require a five day rest
period before the next activity is started.
Substructure7 days
Superstructure8 days
Internal Partition6 days
Plumber5 days
Electrician4 days
Document Page
11PROJECT MANAGEMENT
Finishes4 days
2. Table and diagram for project
WBS Task Name Start Finish
U Substructure Mon 1/1/18 Tue 1/9/18
V Superstructure Wed 1/17/18 Fri 1/26/18
W Internal Partition Mon 2/5/18 Mon 2/12/18
X plumber Tue 2/20/18 Mon 2/26/18
Y Electrician Tue 2/20/18 Fri 2/23/18
Z Finishes Tue 3/6/18 Fri 3/9/18
ID Task
Mode
WBS Task Name Duration Start Finish Predecessors WBS Successors
1 U Substructure 7 days Mon 1/1/18 Tue 1/9/18 V[FS+5 days]
2 V Superstructure 8 days Wed 1/17/18 Fri 1/26/18 1FS+5 days W[FS+5 days]
3 W Internal Partition 6 days Mon 2/5/18 Mon 2/12/18 2FS+5 days X[FS+5 days],Y[FS+5 days]
4 X plumber 5 days Tue 2/20/18 Mon 2/26/18 3FS+5 days Z[FS+5 days]
5 Y Electrician 4 days Tue 2/20/18 Fri 2/23/18 3FS+5 days Z[FS+5 days]
6 Z Finishes 4 days Tue 3/6/18 Fri 3/9/18 5FS+5 days,4FS+5 days
F S S M T W T F S S
Dec 24, '17 Jan 14, '18 Feb 4, '18 Feb 25, '18
Figure 10: Project Gantt chart diagram
Document Page
12PROJECT MANAGEMENT
Bibliography
Burke, R., 2013. Project management: planning and control techniques. New Jersey, USA.
Cicmil, S., Cooke-Davies, T., Crawford, L. and Richardson, K., 2017, April. Exploring the
complexity of projects: Implications of complexity theory for project management practice.
Project Management Institute.
Coombs, W.T., 2014. Ongoing crisis communication: Planning, managing, and responding.
Sage Publications.
Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management.
Project Management Institute.
Flyvbjerg, B., 2013. From Nobel prize to project management: getting risks right. arXiv preprint
arXiv:1302.3642.
Hegazy, T., 2013. Computer-Based Construction Project Management: Pearson New
International Edition. Pearson Higher Ed.
Heldman, K., 2015. PMP project management professional exam deluxe study guide: updated
for the 2015 Exam. John Wiley & Sons.
Kerzner, H., 2017. Project management metrics, KPIs, and dashboards: a guide to measuring
and monitoring project performance. John Wiley & Sons.
Martin, B., 2017. The politics of electricity planning in South Africa: A review of dominant
advocacy coalitions seeking to influence the Integrated Resource Plan of 2010 (IRP2010), and
its update in 2013 (Doctoral dissertation, University of Cape Town).

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
13PROJECT MANAGEMENT
Martinelli, R.J. and Milosevic, D.Z., 2016. Project management toolbox: tools and techniques
for the practicing project manager. John Wiley & Sons.
Mok, K.Y., Shen, G.Q. and Yang, J., 2015. Stakeholder management studies in mega
construction projects: A review and future directions. International Journal of Project
Management, 33(2), pp.446-457.
Nicholas, J.M. and Steyn, H., 2017. Project management for engineering, business and
technology. Taylor & Francis.
Pritchard, C.L. and PMP, P.R., 2014. Risk management: concepts and guidance. CRC Press.
Sallis, E., 2014. Total quality management in education. Routledge.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project
Management, 33(2), pp.278-290.
1 out of 14
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]