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PJM5900 Week 4 - Project Schedule Management - 2021

Identify opportunities to add lead or lag time between activities to: – Speed up the schedule – Allow more flexibility in scheduling resources • Discuss your findings with a partner

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0% found this document useful (0 votes)
125 views

PJM5900 Week 4 - Project Schedule Management - 2021

Identify opportunities to add lead or lag time between activities to: – Speed up the schedule – Allow more flexibility in scheduling resources • Discuss your findings with a partner

Uploaded by

Diana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 27

Project Schedule Management

1
Learning Objectives
• Define Project schedule/time management
• Identify the processes involve in schedule/time management
• Identify the tools and techniques required in schedule/time management
• Demonstrate an understanding of diagramming techniques
• Identify and manage the critical path of a project schedule

2
Project Schedule Management
“The processes required to accomplish the timely completion of the project” (PMI,
2017, p. 173).

Project Management Institute. (2017). A guide to the project management body of knowledge (6th ed.). Newtown Square, PA: Author. 3
Why schedule management?
 On time delivery is a quality metric and therefore can impact customer satisfaction

 Time to market is an important performance indicator in competitive markets

 Effectively managing the time to complete a project may reduce project cost
 Time is money

4
Schedule Management Overview

5
Project Management Institute. (2017). A guide to the project management body of knowledge (6th ed.). Newtown Square, PA: Author.
How do we manage project schedule?

Project Management Institute. (2017). A guide to the project management body of knowledge (6th ed.). Newtown Square, PA: Author. 6
Plan Schedule Management
 “Plan Schedule Management is the process of establishing the policies,
procedures, and documentation for planning, developing, managing,
executing, and controlling the project schedule” (PMI, 2013, 142).

Input
▪ Project Management Plan
Tools & Techniques Output
▪ Project Charter
▪ Expert Judgment
▪ Enterprise Environmental Factors ▪ Schedule Management Plan
▪ Organizational Process Assets
▪ Data Analysis
▪ Meetings

Project Management Institute. (2017). A guide to the project management body of knowledge (6th ed.). Newtown Square, PA: Author. 7
Define Project Activities
“The process of identifying and documenting the
specific actions to be performed to produce the project
deliverables” (PMI, 2017, p. 183)

• Breaks down work packages into activities that


provide a basis for estimating, scheduling,
executing, monitoring, and controlling the project
Input
work Tools & Techniques
▪ Schedule Management Plan
Output
▪ Schedule Baseline ▪ Activity List
▪ Scope Baseline ▪ Decomposition
▪ Activity Attributes
▪ Enterprise Environmental Factors ▪ Rolling Wave Planning
▪ Milestone List
▪ Organizational Process Assets ▪ Expert Judgment ▪ Project Management Plan
Updates

Project Management Institute. (2017). A guide to the project management body of knowledge (6th ed.). Newtown Square, PA: Author. 8
Sequence Activities

• “The process of identifying and documenting relationships among the


project activities” (PMI, 2017, p. 187).

• Defines the logical sequence of work to obtain the greatest efficiency


given all project constraints

Project Management Institute. (2013). A guide to the project management body of knowledge (5th ed.). Newtown Square, PA: Author. 9
Sequencing Activities

1. Set a Project Start Date

2. Establish task dependencies or relationships

3. Modify the relationships with lead or lag time

4. Add constraint dates

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Estimate Activity Durations
 “The process of estimating the number of work periods needed to complete
individual activities with the estimated resources” (PMI, 2017, p. 173)

 Uses various estimating techniques to provide the amount of time each activity
will take to complete

 Is performed throughout the project life cycle

 Uses information from the scope of work, required resource types or skill levels,
estimated resource quantities, and resource calendar

 Good estimating techniques involve uncertainty modelling


 Schedule activity duration uncertainty can be modelled using probability distributions
11
Estimating Techniques
 Top-down estimating techniques
 Expert judgment: uses specialized knowledge and experience
 Analogous estimating: uses historical data and templates of similar projects
 Parametric estimating:
 uses Linear and non-linear models
 Uses statistical relationship between historical data and other variables to calculate an estimate for
activity parameters, such as cost and duration
 Example: Task duration is a function of resource availability and effort required to complete the task

 Bottom-up estimating: estimates project duration or cost by aggregating the estimates of the lower
levels of the WBS – starts with work packages
 Three-point estimating: models uncertainty in cost and duration estimates by providing minimum, most likely, and
maximum values
 Parametric estimating applied to work packages

12
Three-Point Estimate Example
 Improves single point estimates by considering estimation risk and uncertainty
 Beta Probability distribution uses a weighted average
 Time estimate = (optimistic + 4 (most likely) + pessimistic)/6
 Triangular probability distribution uses a simple average
 Time estimate = (optimistic + most likely + pessimistic)/3
Which probability distribution was
used to model duration uncertainty
in this project?

13
Dependency Types

• Mandatory
– Develop product and then test it

• Discretionary
– Product passes animal tests and then test in humans

• External Difficult to manage!


– Must wait for supplier to deliver

14
Task Schedule Dependencies

• Finish to Start (FS)

• Start to Start (SS)

• Finish to Finish (FF)

• Start to Finish (SF)

15
Types of Network Diagrams
• Activity on Arrow (AOA)
– Older
– Simpler
– Not used as much today in commercial PM software applications

• Activity on Node (AON)


– Preferred method
• Used in MS Project
• Primavera Risk Analysis
– More Complex

16
AOA Example

17
Activity-on-Node Fundamentals

FIGURE 6.2
6–18
Source: Gray and Larson, 2014
Activity-on-Node Fundamentals (cont’d)

FIGURE 6.2 (cont’d)


6–19
Source: Gray and Larson, 2014
Activity on Node (AON) or Precedence Diagramming Method (PDM)

20
Source: Gray and Larson, 2014
Modifying a Dependency

• Lag time
– Build in extra time
– Delays the schedule

• Lead time
– Do tasks in parallel
– Used to speed up the
schedule

21
Slack or Float Time
• The amount of time an activity can be delayed after the start of a
longer parallel activity or activities.
• It is how long an activity can exceed its early finish date without
affecting early start dates of any successor(s).
• Allows flexibility in scheduling scarce resources.

6–22
Schedule Constraints

• Constraint dates

• Use only when absolutely necessary

• Examples:
– Must start on
– Must finish on
– Start(or Finish) no earlier than

23
Network Diagrams

• Class Exercise: For the project you’ve been working on


– Select one of the work packages that you have de-composed into activities
– Create an AON Network for the activities in the work package
– Look for as many simultaneous activities as possible

• Hint: ask yourself: Can this activity start right away? If not, what needs to be done
before it can start?

24
Dependency Types & Leads/Lags

• Class Exercise: For the project you’ve been working on


– Review the activities and find examples of:
– External Dependencies
– Mandatory Dependencies
– Discretionary Dependencies
– Review the activities and diagram and create an example of:
– Start-to-Start
– Finish-to Finish
– Start-to-Finish
– Review the activities and diagram and create an example of:
– Lead
– Lag

25
Summary

• Defined Project schedule/time management


• Identified the processes involve in schedule/time management
• Identified the tools and techniques required in schedule/time management
• Demonstrated an understanding of diagramming techniques
• Identified and manage the critical path of a project schedule

26
References
Harvard Business School Publishing (HBSP). (2013, December 18). Harvard
ManageMentor: Project management. Retrieved from
https://cb.hbsp.harvard.edu/cbmp/product/9041-HTM-ENG
Kreitner, R. (2013). Management. Boston, MA: Cengage Learning
Larson, E. W., & Gray, C. F. (2013). Project Management: The Managerial Process (6th
ed.). New York, NY: McGraw-Hill Education.
Meredith, J. R., Mantel, S. J., Shafer, S. M., & Sutton, M. M. (2013). Project management in
practice (5th ed.). Hoboken, NJ: Wiley.
Project Management Institute. (2017). A guide to the project management body of knowledge
(5th ed.). Newtown Square, PA: Author.

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