This article discusses Project Management using MS-Project with a network diagram, critical path, total and free float, expected duration, cost overview, and cash flow. It also includes a bibliography for further reading.
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Running head:PROJECT MANAGEMENT Project Management using MS-Project Name of the Student Name of the University Author Note
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1 PROJECT MANAGEMENT Table of Contents Question 1........................................................................................................................................2 a) Network Diagram....................................................................................................................2 b) i. Critical Path..........................................................................................................................2 b) ii. Total and Free Float........................................................................................................3 b) Overall Expected Duration......................................................................................................3 i. Critical Path..........................................................................................................................3 ii. Early Event Times...............................................................................................................4 b) iii. Late Event Times...............................................................................................................4 c) Calculate total and free float of non-critical activities............................................................5 d) Altering Electric Service Activity...........................................................................................5 Amended Network Diagram....................................................................................................6 Question 2........................................................................................................................................7 a) Gantt chart with early start times.............................................................................................7 Question 3 Cost overview................................................................................................................8 Bibliography....................................................................................................................................9
2 PROJECT MANAGEMENT Question 1 a) Network Diagram Figure 1: Network Diagram (Source: Created by Author Using MS Project)
3 PROJECT MANAGEMENT b) i. Critical Path Critical Path: A, B, C, D, E, F, G, H = 114 days Figure 1: Network Diagram (Source: Created by Author Using MS-Project) b) ii. Total and Free Float ActivityTotal floatFree float A00 B00 C00 D00 E00 F00 G00 H00 I1227 J2525 K823
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4 PROJECT MANAGEMENT L-- Figure 2: Network Diagram (Source: Created by Author using MS-Visio) b) Overall Expected Duration i. CriticalPath Critical Path: A, B, C, D, E, F, G, H = 114 days ii. Early Event Times Task NameDurationEarly StartEarly Finish Lay access road15 daysWed 10/3/18Tue 10/23/18 Erect fence10 daysWed 10/24/18Tue 11/6/18 Demolition of existing structure15 daysWed 11/7/18Tue 11/27/18 Disposal of demolished material, off site5 daysWed 11/28/18Tue 12/4/18 Top soil removal and reduce level excavation18 daysWed 11/28/18Fri 12/21/18 Hardcore filling and compacting15 daysMon 12/24/18Fri 1/11/19 Erect site accommodation15 daysMon 1/14/19Fri 2/1/19 Fit out21 daysWed 2/13/19Wed 3/13/19 Electrical services6 daysWed 11/28/18Wed 12/5/18 Temporary drain connection15 daysWed 11/28/18Tue 12/18/18 Excavate and lay water service7 daysMon 2/4/19Tue 2/12/19 Fit gates7 daysMon 2/4/19Tue 2/12/19
5 PROJECT MANAGEMENT b) iii. Late Event Times Task NameDurationLate StartLate Finish Lay access road15 daysWed 10/3/18Tue 10/23/18 Erect fence10 daysWed 10/24/18Tue 11/6/18 Demolition of existing structure15 daysWed 11/7/18Tue 11/27/18 Disposal of demolished material, off site5 daysThu 3/7/19Wed 3/13/19 Top soil removal and reduce level excavation18 daysWed 11/28/18Fri 12/21/18 Hardcore filling and compacting15 daysMon 12/24/18Fri 1/11/19 Erect site accommodation15 daysMon 1/14/19Fri 2/1/19 Fit out21 daysWed 2/13/19Wed 3/13/19 Electrical services6 daysFri 1/25/19Fri 2/1/19 Temporary drain connection15 daysMon 1/14/19Fri 2/1/19 Excavate and lay water service7 daysMon 2/4/19Tue 2/12/19 Fit gates7 daysMon 2/4/19Tue 2/12/19 c) Calculate total and free float of non-critical activities ActivityTotal floatFree float A00 B00 C00 D00 E00 F00 G00
6 PROJECT MANAGEMENT H00 I1227 J2525 K823 L-- d) Altering Electric Service Activity Since the number of days increase even more than the total float, the activity will be influencing the entire project timeline and even the activity will not be a critical activity anymore as shown in the below picture. Figure 2: Gantt chart after amendments to Electric Services (Source: Created by Author)
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7 PROJECT MANAGEMENT Amended Network Diagram Figure 3: Network Diagram after amendments (Critical Path in Red) (Source: Created by Author) Question 2 a) Gantt chart with early start times
8 PROJECT MANAGEMENT Slack Critical Task Non – critical task Figure 4: Gantt chart after altering timeline of Electric Services (Source: Created by Author) In manner to accomplish the project one day earlier it is crucial to manipulate the timeline of the critical activity for a day and make sure that the project is accomplished one day earlier. Moreover, in manner to alter the non-critical activity, it is obvious to manipulate the non-critical activity one dat earlier than the calculated slack. Question 3 Cost overview Overall estimated budget without contingency (graphical presentation) Figure 5: Graphical representation of cost and activity per month
12 PROJECT MANAGEMENT Bibliography Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Turner, J.R., 2014.Handbook of project-based management(Vol. 92). New York, NY: McGraw- hill.