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    Project Planning and Scheduling

    Uploaded by

    Moody Liker
    How to plan a project

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Project Planning and Scheduling

    Uploaded by

    Moody Liker
    3 views10 pages
    How to plan a project

    Copyright

    © © All Rights Reserved

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    PPTX, PDF, TXT or read online from Scribd

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    How to plan a project

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    3 views10 pages

    Project Planning and Scheduling

    Uploaded by

    Moody Liker
    How to plan a project

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    The most effective

    project scheduling
    technique in
    project management
    Project managers juggle expectations from
    stakeholders with the resources available to complete
    the project.
    Scheduling is one of the most important things a
    project manager needs to navigate.

    A project schedule clearly defines project activities,


    milestones, deliverables, and objectives.

    Read on to learn why schedule management is so


    important, some of the best project scheduling
    techniques, and how to effectively implement a
    CPM: Critical Path Method

    The Critical Path Method (CPM) is common in


    construction, an industry with projects that have
    many moving pieces.

    The critical path in project management organizes a


    project according to the longest path of task
    dependencies.

    Tasks that have no dependencies are called floating


    tasks and don’t affect the time frame for delivery.
    For example, if you are developing an app, one part of
    the project is to develop the user interface.

    CPM helps you understand what smaller tasks your


    project team must complete in order to tackle the
    user interface.

    This can help a reader immediately understand the


    order of operations.
    Pros
    • A clear understanding of task
    dependencies.

    • Makes it obvious which steps need to be


    completed first.

    • Floating tasks provide some opportunity


    for flexibility.
    Cons

    • A linear approach .

    • Makes it hard to conceptualize what tasks


    your team can do in parallel .

    • Little flexibility built in for delays .


    Program Evaluation and Review Technique
    (PERT)

    PERT is a risk analysis technique that takes into account different


    timelines.

    A PERT analysis calculates three possible outcomes from there:

    1. Optimistic timing (O): The fastest time possible to complete


    the project.

    2. Most likely timing (M): A realistic estimate for completion if


    nothing goes wrong.
    A final time estimate is given by creating a weighted average of
    the three timelines, using the following formula:

    (O+4M+P)/6.

    PERT charts have the flexibility to account for all outcomes built
    in.

    Pros:
    •A mathematical approach to planning for project delays.

    •You can share all three outcomes with shareholders, for increased
    transparency and managing expectations.

    •The pessimistic outcome provides a starting point for a revised timeline in


    Cons:
    • Not all possible delays are known for
    an accurate pessimistic timeline.

    • Easy to underestimate the effect of


    delays.

    • Doesn’t provide a solution for avoiding


    delays.

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