Project Management Assignment: Project Crashing Analysis Report

This project management assignment focuses on the analysis of a crashed project, offering a detailed examination of its various aspects. The assignment includes an Activity-on-Node (AoN) diagram, a Gantt chart, and a budget graph, all created using MS-Project and MS-Visio. These visual aids provide a clear understanding of the project's timeline, resource allocation, and financial performance. The analysis delves into the reasons behind the project's failure, offering insights into project crashing techniques and the impact of different factors on project outcomes. The assignment references several academic sources to support its findings, providing a comprehensive overview of the subject matter.

Running head: PROJECT MANAGEMENT
Project Management
Name of the Student:
Student ID:
Name of the Student:
Author’s note:

1PROJECT MANAGEMENT
1. AoN of the Crashed Project
Figure 1: AoN of the Crashed Project
(Source: Created by the author in Ms-Visio)

2PROJECT MANAGEMENT
May 2018 June 2018
$0.00
$200.00
$400.00
$600.00
$800.00
$1,000.00
$1,200.00
$1,400.00
1125
0
1260
420
640
800
475
725
400
0
450
0
150
0
100
00
300
356.25 393.75
100
0
50
0
800
400
0
350
0
350
225
0
Cost (Project Manager) Cost (Contractor) Cost (Apprentice I) Cost (Apprentice II) Cost (Paint) Cost (Sanding Equipments)
Cost (Timber) Cost (Masking Tape) Cost (Paint Brushes/Roller) Cost (Drop Sheet) Cost (Paint Thinners) Cost (Mask)
Cost (Safety Goggles) Cost (Ear Plugs) Cost (Washing Chemicals) Cost (Hosepipe) Cost (Curtains) Cost (Contractor's Son)
Figure 2: Resource Loading Graph
(Source: Created by the author in Ms-Project)

3PROJECT MANAGEMENT
2. Gantt Chart
ID Task
Mode
WBS Task Name Duration Start Finish WBS
Predecessors
0 0 Refurnishing Old Farm House9.75 daysThu 5/24/18 Wed 6/6/18
1 1 Charter Sign off 3 days Thu 5/24/18 Mon 5/28/18
2 2 Purchase Supplies 8 hrs Tue 5/29/18 Tue 5/29/18 1
3 3 Shutters 1 day Wed 5/30/18Wed 5/30/18
4 3.1 Repair shutters 4 hrs Wed 5/30/18Wed 5/30/182
5 3.2 Paint shutters 2 hrs Wed 5/30/18Wed 5/30/183.1
6 3.3 Hang shutters 2 hrs Wed 5/30/18Wed 5/30/183.2
7 4 Porch 1.13 daysWed 5/30/18Thu 5/31/18
8 4.1 Repair porch 6 hrs Wed 5/30/18Wed 5/30/182
9 4.2 Paint porch 3 hrs Wed 5/30/18Thu 5/31/18 4.1
10 5 Floor 2.5 days Wed 5/30/18Fri 6/1/18
11 5.1 Repair floor 8 hrs Wed 5/30/18Wed 5/30/182
12 5.2 Sand floor 4 hrs Thu 5/31/18 Thu 5/31/18 5.1
13 5.3 Refinish (paint) floor 8 hrs Thu 5/31/18 Fri 6/1/18 5.2
14 6 Painting 3.63 daysThu 5/31/18 Tue 6/5/18
15 6.1 Paint ceilings 8 hrs Fri 6/1/18 Mon 6/4/18 5
16 6.2 Paint doors 2 hrs Mon 6/4/18 Mon 6/4/18 6.1
17 6.3 Paint interior walls 8 hrs Mon 6/4/18 Tue 6/5/18 6.2
18 6.4 Paint exterior walls 8 hrs Thu 5/31/18 Fri 6/1/18 2,3,4
19 7 Windows 1.63 daysMon 6/4/18 Wed 6/6/18
20 7.1 Wash exterior windows6 hrs Mon 6/4/18 Tue 6/5/18 2,6.1,6.4
21 7.2 Wash interior windows8 hrs Mon 6/4/18 Tue 6/5/18 2,6.2
22 7.3 Hang curtains 3 hrs Tue 6/5/18 Wed 6/6/18 2,6.2,7.2
23 8 Project completion 5 hrs Wed 6/6/18 Wed 6/6/18 7.3
Project Manager
Apprentice I
Timber[1],Apprentice I
Paint[1],Paint Brushes/Roller[1],Paint Thinners[1],Mask[1],Apprentice I
Masking Tape[1],Washing Chemicals[1],Project Manager
Contractor,Contractor's Son,Washing Chemicals[1]
Contractor,Contractor's Son
Apprentice II
Safety Goggles[1],Sanding Equipments[1],Apprentice II
Paint[1],Paint Thinners[1],Apprentice II
Paint[1],Apprentice II
Paint[1],Paint Thinners[1],Project Manager
Paint[1],Paint Thinners[1],Apprentice II
Paint[1],Paint Thinners[1],Apprentice I
Washing Chemicals[1],Hosepipe[1],Apprentice I
Hosepipe[1],Project Manager
Curtains[1],Drop Sheet[1],Project Manager
Project Manager
10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7
Fri 5/18 Tue 5/22 Sat 5/26 Wed 5/30 Sun 6/3 Thu 6/7 Mon 6/11 Fri 6/15 Tue 6/19 Sat 6/23
Figure 3: Crashed Project Gantt chart
(Source: Created by the author in Ms-Project)

4PROJECT MANAGEMENT
3. Budget Graph
Project
Manager
Contractor Apprentice I Apprentice
II
Paint Sanding
Equipments
Timber Masking
Tape
Paint
Brushes/
Roller
Drop Sheet Paint
Thinners
Mask Safety
Goggles
Ear Plugs Washing
Chemicals
Hosepipe Curtains Contractor's
Son
$0.00
$200.00
$400.00
$600.00
$800.00
$1,000.00
$1,200.00
$1,400.00
$1,600.00
$1,800.00
$0.00
$1,125.00
$1,680.00
$1,440.00
$1,200.00
$400.00
$450.00
$150.00
$100.00
$300.00
$750.00
$100.00
$50.00
$0.00
$1,200.00
$350.00 $350.00
$225.00
Cost Variance
Figure 4: Resource Graph of the crashed project
(Source: Created by the author in Ms-Project)

5PROJECT MANAGEMENT
Bibliography
Agnetis, A., Briand, C., Billaut, J.C. and Šůcha, P., 2015. Nash equilibria for the multi-agent
project scheduling problem with controllable processing times. Journal of Scheduling, 18(1),
pp.15-27.
Glišović, N., 2014. Comparison of a fuzzy genetic and simulated annealing algorithm approach
for project time-cost tradeoff. Journal of Applied Mathematics, 2014.
Hoang, N.D., 2014. NIDE: a novel improved differential evolution for construction project
crashing optimization. Journal of Construction Engineering, 2014.
Islam, N.S., 2013. Complex Project Crashing Algorithm. IOSR Journal of Business and
Management (IOSR-JBM), 11(4), pp.10-17.
Ke, H., 2014. A genetic algorithm-based optimizing approach for project time-cost trade-off with
uncertain measure. Journal of Uncertainty Analysis and Applications, 2(1), p.8.
Mehari, H. and Beshah, B., 2014. MULTI-OBJECTIVE PROJECT CRASHING ALGORITHM
SELECTION.
Meier, C., Browning, T.R., Yassine, A.A. and Walter, U., 2015. The cost of speed: Work
policies for crashing and overlapping in product development projects. IEEE Transactions on
Engineering Management, 62(2), pp.237-255.
Mortazavi Nejad, M. and Tareghian, H.R., 2017. Payment scheduling under project crashing
based on project progress. Iranian Journal of Numerical Analysis and Optimization, 7(2), pp.39-
56.

6PROJECT MANAGEMENT
Xu, X., Zhao, Y. and Chen, C.Y., 2016. Project-driven supply chains: integrating safety-stock
and crashing decisions for recurrent projects. Annals of Operations Research, 241(1-2), pp.225-
247.