Project Management: Critical Path, Network Diagram, and Analysis

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Added on  2022/10/11

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This assignment delves into project management, specifically focusing on critical path analysis and network diagrams. The solution starts by identifying and analyzing various paths within a project, determining the critical path based on the shortest completion time. It then constructs a network diagram using the Precedence Diagramming Method (PDM) to visually represent the project's workflow and dependencies. The assignment also includes a bibliography citing relevant sources on project management practices, benefits management, and organizational change management, emphasizing the importance of these elements in achieving project success. The analysis helps understand how to identify the longest sequence of activities in a project, which is crucial for effective planning and resource allocation. This assignment provides a practical application of project management principles, offering insights into the critical path method and the use of network diagrams for project scheduling and control.
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Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note
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PROJECT MANAGEMENT
1. Critical path in the project
In order to calculate the critical path for the above diagram, it is necessary to find out all
the paths.
1st path- 1>3>6>8 – 9days
2nd path- 1>2>5>6>8-14 days
3rd path- 1>4>7>6>8- 14days
4th path- 1>3>5>6>8- 16 days
As, 16 days is the minimum time for completing the above project therefore the critical
path for this project is 1>3>5>6>8
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PROJECT MANAGEMENT
2. Network diagram using PDM
Figure 1: Network diagram using Precedence diagramming method
(Source: Created by Author)
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PROJECT MANAGEMENT
Bibliography
Badewi, A., 2016. The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), pp.761-778.
Hornstein, H.A., 2015. The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2), pp.291-
298.
Kerzner, H., 2017. Project management metrics, KPIs, and dashboards: a guide to measuring
and monitoring project performance. John Wiley & Sons.
Todorović, M.L., Petrović, D.Č., Mihić, M.M., Obradović, V.L. and Bushuyev, S.D., 2015.
Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), pp.772-783.
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