Tools and Techniques of Project Management

PROJECT MANAGEMENT TOOLS AND TECHNIQUES
- Managing projects easier and more effective.

- Improve and optimise efficiency of project processes.
- An array of helpful and useful apparatuses that help projects to save on time and cost.
- Planning tools and techniques in management such as CPM, PERT, KANBAN, Task
dependencies and the Gantt-chart.
THE GANTT-FLOW
- A type of bar chart that illustrates a project schedule.

- This chart lists the tasks to be performed on the vertical axis, and time intervals on the
horizontal axis.
- The width of the horizontal bars in the graph shows the duration of each activity.
- Gantt charts illustrate the start and finish dates of the terminal elements and summary
elements of a project.
- Terminal elements and summary elements constitute the work breakdown structure of the
project.
- Modern Gantt charts also show the dependency (i.e., precedence network) relationships
between activities.
- Gantt charts can be used to show current schedule status using percent-complete shadings
and a vertical "TODAY" line.
- Gantt charts are usually created initially using an early start time approach, where each task
is scheduled to start immediately when its prerequisites are complete.
- This method maximizes the float time available for all tasks.
PERT: Program Evaluation Review Technique
- PERT (Program Evaluation Review Technique) is a project management planning tool used
to calculate the amount of realistic time it will take to finish a project.
- PERT was first created in the form of a chart to help with the management of weapons and
defence projects for the US Army in the 1950s. Simultaneously the private sector gave rise to
a similar method called Critical path.
- Project control techniques such as PERT monitor time.
- Time means a lot when it comes to managing a project.
- Can also be utilised to calculate the duration of individual tasks as well as the whole project,
which allows for team coordination and organisation to become more effective.
- PERT and Critical Path have many similarities for the fact that they are both tools utilised to
help visualise the timeline of project work.
- PERT allows you to create different time estimates. These 3 estimates include:
1. The shortest possible time each task will take.
2. The most probable amount of time.
3. The longest amount of time each task may take if things do not go to plan.
IMP.: PERT is calculated backward from a fixed end date since contractor deadlines typically
cannot be moved.
1
CPM: THE CRITICAL PATH METHOD
- A list of all activities required to complete the project typically categorized within a work
breakdown structure.
- The time (duration) that each activity will take to complete.
- The dependencies between the activities.
- Logical end points such as milestones or deliverable items.
Using these values, CPM calculates the longest path of planned activities to logical end points or to
the end of the project, and the earliest and latest that each activity can start and finish without
making the project longer.
This process determines which activities are "critical" (i.e., on the longest path) and which have
"total float".
In project management, a critical path is the sequence of

project network activities which add up to the longest overall
duration, regardless if that longest duration has float or not.
This determines the shortest time possible to complete the
project.
There can be 'total float' (unused time) within the critical path.
For example, if a project is testing a solar panel and task 'B' requires 'sunrise', there could be a
scheduling constraint on the testing activity so that it would not start until the scheduled time for
sunrise. This might insert dead time (total float) into the schedule on the activities on that path
prior to the sunrise due to needing to wait for this event. This path, with the constraint-generated
total float would actually make the path longer, with total float being part of the shortest possible
duration for the overall project. In other words, individual tasks on the critical path prior to the
constraint might be able to be delayed without elongating the critical path; this is the 'total float' of
that task. However, the time added to the project duration by the constraint is actually critical path
drag, the amount by which the project's duration is extended by each critical path activity and
constraint.
CPM analysis tools allow a user to select a logical end point in a project and quickly identify its
longest series of dependent activities (its longest path). These tools can display the critical path (and
near critical path activities if desired) as a cascading waterfall that flows from the project's start (or
current status date) to the selected logical end point.

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PROJECT MANAGEMENT TOOLS AND TECHNIQUES

- Managing projects easier and more effective.

- A type of bar chart that illustrates a project schedule.

PERT: Program Evaluation Review Technique

In project management, a critical path is the sequence of

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