Activity On Node / Activity Network Flashcards
What is Activity on Node ?
A type of network diagram used in project management to show tasks in a project as boxes (nodes) connected by arrows.
The arrows indicate the order in which tasks should be done. It helps managers see the sequence of tasks and plan the project timeline.
Critical Path
The longest path from start to finish, determining the shortest possible duration of project.
Components of Activity -On Node Diagram
→ Nodes - circles/ boxes
→ Arrows
→ Duration Estimates
→ Float / Slack
→ Early start Early finish
→ Late start Late finish
Expert Judgement Method
Experts provide their insights to estimate activity durations based on their knowledge and judgement.
Parametric Method
→ use statistical relationships and historical data to estimate durations.
→ relies on Parameters that affects durations of activities.