Lecture 10: Project Mgmt

Question 1

project def

Answer 1

new product/service/event, difficult to plan/ control, constraints

Question 2

project mgmt def

Answer 2

planning, scheduling, controlling a project

Question 3

project mgmt methods

Answer 3

Gantt chart, CPM

Question 4

Data needed for project mgmt

Answer 4

list of activities, relation between activities, duration estimates

Question 5

CPM method

Answer 5

activities are arcs, nodes represent events

Question 6

immediate predecessor

Answer 6

activity A must be completed before B can start

Question 7

Formulas in CPM

Answer 7

ES = max(EF of all predecessors) or 0
EF = ES + t
LF = min(LS of all successors) or T
LS = LF -t
S = LS - ES = LF-EF
T = max(EF)

Question 8

Steps for CPM

Answer 8

1) draw precedence graph of the project
2) Find EF/ES
3) Go backwards to find LF/LS
5) Find the critical path