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    Schedule Diagram

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    Arvind
    This document contains information about project scheduling techniques including the critical path method and resource optimization. It also discusses estimation techniques such as analogous estimation, parametric estimation, three point estimation, and beta distribution analysis. Finally, it covers earned value management including tracking planned value, earned value, actual cost, schedule and cost performance indices, and using the data to forecast final schedule and cost.

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    Schedule Diagram

    Uploaded by

    Arvind
    11 views7 pages
    This document contains information about project scheduling techniques including the critical path method and resource optimization. It also discusses estimation techniques such as analogous estimation, parametric estimation, three point estimation, and beta distribution analysis. Finally, it covers earned value management including tracking planned value, earned value, actual cost, schedule and cost performance indices, and using the data to forecast final schedule and cost.

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    scheule network diagram

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    This document contains information about project scheduling techniques including the critical path method and resource optimization. It also discusses estimation techniques such as analogous estimation, parametric estimation, three point estimation, and beta distribution analysis. Finally, it covers earned value management including tracking planned value, earned value, actual cost, schedule and cost performance indices, and using the data to forecast final schedule and cost.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    11 views7 pages

    Schedule Diagram

    Uploaded by

    Arvind
    This document contains information about project scheduling techniques including the critical path method and resource optimization. It also discusses estimation techniques such as analogous estimation, parametric estimation, three point estimation, and beta distribution analysis. Finally, it covers earned value management including tracking planned value, earned value, actual cost, schedule and cost performance indices, and using the data to forecast final schedule and cost.

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    © All Rights Reserved
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    You are on page 1of 7

    3 DAYS FLOAT/SLACK

    3 7 7 13
    Activity B Activity C
    6 10 10 16
    4 6
    ES EF
    0 3
    START Activity A 3
    0 3
    5 8
    3 8 8 16
    Activity D Activity E
    RESOURCE BUFFERS 3 8 8 16

    FORWARD PASS // BACKWARD PASS RESOURCE BUFFERS


    CRITICAL PATH 32 DAYS TO DELIVER
    THE CRITICAL CHAIN METHOD
    SCHEDULE COMPRESSION TECHNIQUES
    RESOURCE OPT
    LEAD AND LAG

    1 FASTRACK RISK!!!
    2 CRASH $$$$$!!!!
    3 RESOURCE REALLOCATION
    4 CUT QUALITY
    5 TRADE - OFF
    ESTIMATION TECHNIQUES

    1 ANALOGUS ESTIMATION
    FEEDING BUFFER

    16 25
    9 Activity F END 2 PARAMETRIC EST
    16 25
    LS LF

    PROJECT BUFFER

    RESOURCE BUFFERS 3 THREE POINT ESTIMATION

    S TO DELIVER

    4 BETA DISTRIBUTION / PERT ANA

    5 HEURISTICS
    STIMATION TECHNIQUES

    ANALOGUS ESTIMATION COPY/PASTE

    HISTORITCAL DATA = POINT OF REF


    MARAN = 10 DAYS $1000
    MY EST 10 DAYS $1000

    PARAMETRIC EST MATH!!


    HISTORITCAL DATA = POINT OF REF
    MARAN = 10 DAYS $1000 1000 SQ FT
    MY EST 9 DAYS $900 900 SQ FT

    THREE POINT ESTIMATION AVERAGE

    O ML P
    4 12 25
    (O+ML+P)/3
    13.67 ESTIMATION

    BETA DISTRIBUTION / PERT ANALYSIS


    O ML P
    4 12 25
    (O+(4*ML)+P)/6
    12.83 ESTIMATION

    HEURISTICS
    EARNED VALUE MANAGEMENT
    1 EARNED VALUE = % OF WORK COMPLETE x BUDGET EV
    2 ACTUAL COST = EXPENCES (DIRECT/INDIRECT/VARIABLE) AC
    3 PLANNED VALUE = S CURVE PV
    AFTER 30 MINS

    $10/HOUR
    1 HOUR

    AFTER 30 MINS AFTER 30 MINS

    AHEAH OF SCHEDULE
    UNDER BUDGET

    EXAMPLE PROJECT
    DURATION 10 DAYS
    BUDGET $ 10,000.00

    PLANNING PV EXECUTION EV AC
    1 DAY 0% $ - 0% $ - $ 100.00
    2 DAY 5% $ 500.00 3% $ 300.00 $ 500.00
    3 DAY 10% $ 1,000.00 7% $ 700.00 $ 750.00
    4 DAY 15% $ 1,500.00 15% $ 1,500.00 $ 1,000.00
    5 DAY 15% $ 1,500.00 15% $ 1,500.00 $ 1,250.00
    6 DAY 10% $ 1,000.00 10% $ 1,000.00 $ 1,500.00
    7 DAY 10% $ 1,000.00 10% $ 1,000.00 $ 1,600.00
    8 DAY 20% $ 2,000.00
    9 DAY 10% $ 1,000.00
    10 DAY 5% $ 500.00

    $ 6,500.00 60% $ 6,000.00 $ 6,700.00

    VARIATION
    COST VARIANCE CV EV-AC $ -700.00 NEGATIVE IS BAD // POSITIVE IS GOOD
    SCHEDULE VARIANCE SV EV-PV $ -500.00 NEGATIVE IS BAD // POSITIVE IS GOOD

    INDEX
    COST PERF INDEX CPI EV/AC 0.90 RETURN ON EVERY DOLLAR INVESTED
    SCHEDULE PERF IND SPI EV/PV 0.92 EFFICIENCY OF EXECUTION

    SCHEDULE FORCAST 11 DAYS


    COST FORECAST $ 11,111.11
    AFTER 30 MINS

    ON TRACK!
    SCHEDULE
    COST

    AFTER 30 MINS

    BEHIND SCHEDULE
    OVER BUDGET
    POSITIVE IS GOOD
    POSITIVE IS GOOD

    DOLLAR INVESTED LESS THAN 1 IS BAD // MORE THAN 1 IS GOOD


    LESS THAN 1 IS BAD // MORE THAN 1 IS GOOD

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