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Project Time Management

• Presentation by
• M.S.Hiremath B.E, P.M.P, M.B.A, F.I.E
Create WBS
First we need to organize project “work”

Travel Abroad

Ticketing &
Passport
Passport Visa
Boarding

Apply for
Obtain
Get Work Breakdown Structure
Passport
Police
Passport organizes and defines the
verification
“total scope of the project”
Get
Application WBS subdivides the project deliverables into smaller, more
Form manageable deliverables, with each descending level of WBS
Fill representing an increasingly detailed definition of the project
Application work. Lowest level of WBS components or deliverables are
Form
called “work packages”.
Submit
Application WP’s can be scheduled, cost estimated,
Form monitored, & controlled
WBS
• Work packages
• Planning packages
• Control account
• Rolling wave planning
• WBS dictionary
• Scope base line
CPM-EXERCISE-1
• Sl.no act dur pred.

• 1.Estimate cost
• to complete project. 7 d ----
• 2.Bid job& get order. 15 d 1
• 3.Build system 7d 2
• 4.Dev-training 4d 2
• 5.Implement. 5d 3,4

• Find critical path, float/slack, free float/free
slack for each activity.
CPM – EXERCISE-2
• SL. NO. ACTIVITY. DUR. PRED.

• 1 A 2 DAYS.
• 2 B 6 DAYS. 1
• 3 C 8 DAYS. 1
• 4 D 4 DAYS. 2,3

• FIND CRITICAL PATH . FLOATS. , OF ALL


ACTIVITIES.
CPM
Sl.n task Dur days pred
o
1 Fore cast unit 14
sales
2 Pricing sales 3 A

3 Prepare prod 7 A
schedule
4 Costing the 4 C
production
5 Preparing the 10 B,D
CPM-3
• SL Activity Dur(Hrs) Pred.
• A Remove & dis mantle
• motar. 8 ----
• B. Clean & Paint frame. 7 A.
• C. Rewind armature. 12 A.
• D. Replace armature. 9 A.
• E. Assemble & Install
• Motar. 4 B,C,D
• Calculate the total time of the ovehaul.
CPM-Exercise.
• Sl no activity dur pred.

• 1 Get equipment. 5d
• 2. hire people. 4d
• 3. develop system. 15 d 1,2
• 4. training. 3d 3
• 5. documentation. 6d 3
• 6. install system. 9d 4,5

• Find critical path.


• What are floats for each activity?.
Crashing
• A=50,000 & 62,000 B=80,000 & 110,000
• C=40,000 & 45,000 D=30,000 & 42,000 Dur in weeks
A
B
N=9
C=6
N=7
start C=5 finish

C D
N=10 N=8
C=9 C=6
Crashing

• Acceleration cost per unit time


• =(crash cost- normal cost)/ (normal time-
crash time)
Crashing

• Cost per week of accelerating each task:


• A=6000/W
• B=10,000/W
• C=5,000/W
• D=6,000/W
Crashing
• Total cost of project= Proj dur cp Total Pr
50,000+80,000+40,000+30,00
0=200,000 (W) cost
18 C-D 200,000

17 C-D 200,000
+5,000
16 C-D 205,000
+6000
15 C-D,A-B 211,000
+6000
PERT – EXERCISE-1
• SL.NO pred O M P
• 1 ESTIMATE 5 7 15
• 2 BID 1 10 15 25
• 3 BUILD 2 4 7 10
• 4 TRAIN 2 4 4 4
• 5 IMPLEMET. 3,4 3 5 10
• Find PERT duration of the project.
• Probability of completing the project?
Project time management.
• Plan schedule management:-
• The process of establishing the
policies, procedures, and
documentation, for planning
developing, managing, and controlling
the project schedule.
6.1 Plan Schedule Management
Define activities
• The process of identifying and
documenting the specific actions to be
performed to produce the project
deliverables.
6.2 Define Activities
Sequence activities
• The process of identifying and
documenting relationships among the
project activities.
6.3 Sequence Activities
Estimate activity resources
• The process of estimating the type, and
quantities of materials, human
resources, equipment, or supplies
required to perform each activity.
6.4 Estimate Activity Resources
Estimate activity durations
• The process of estimating the no of
work periods needed to complete
individual activities with the estimated
resources.
6.5 Estimate Activity Duration
6.6 Develop Schedule
Control schedule
• The process of monitoring the status of
project activities, to update the project
progress and manage changes to the
schedule base line.
6.7 Control Schedule

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