Some notes on Project Management – Part 3 of 3

Scheduling tools & techniques

  • Mathematical analysis
  • Duration comparison
  • Simulation
  • Resource leveling heuristics
  • Project Management Software
  • Coding Structure

Mathematical analysis

  • Critical Path
  • PERT
  • GERT

Critical Path
is where the path has the minimal float over the longest path
To calculate this, need duration of each task
Task Duration equals = Early Finish – Early Start or Late Finish – Early Finish

PERT
estimating requires the following three things:

  • TM = Time – most likely estimate to complete
  • TO = Time – optimistic
  • TP = Time – pessimistic

To calculate the expected activity time:
(TO + 4xTM + TP) / 6

Bookmark and Share