Usage of PERT and CPM PERT can be understood as a control and planning tool applied in controlling and defining the required tasks in project completion. CPM (Critical Path Methods) and PERT charts are frequently used interchangeably. The primary dif Continue Reading...
PERT CPM Project management is a necessary tool for any company to maintain a competitive edge in today's economy. Project management requires understanding nature of problems in applying solutions with an adequate time measures. Program evaluation Continue Reading...
GANTT and PERT Chart Tools "One look is worth a thousand words" (Barnard, 1920s, as cited in Lutz, 2009, p. 7). Critical Chart Choices Just as the project manager must evaluate alignment, benefits, and risks as well as other business and project Continue Reading...
Critical Path Method (CPM) and Critical Chain Method (CCM). How is CCM an improvement over CPM? The Concepts The concept of paths and the slacks on the path have been around the management circles from the 1960s, with the concept of slack being def Continue Reading...
Simulation The basic steps to ordering the tasks involved a time and project line that allows for steps to be ordered in a logical manner so that the work flows from one project to another in the least amount of time possible (efficiency). For insta Continue Reading...
2002). This paper's focus will be on the CPM and PERT methodologies. The Rockfest event has 26 tasks, each conveniently denoted by a letter in the alphabet. Having drawn up the Critical Path and analyzed it, I found the following. The Critical Path Continue Reading...
Operations at Apple Inc. Statistical technique to measure the quality characteristics of Apple Inc. Six-sigma was created in the 1980s at Motorola as a strategy to measure and enhance high-volume processing procedures. Its overall objective was to Continue Reading...
Operations Management Report -- Community Bank of Perth The Community Bank of Perth has experienced tremendous growth in home loan refinancing in the past two years. This is due in part to continued growth of the Western Australian mining sector, as Continue Reading...
CPM is critically important from a supply chain management standpoint in optimizing inventory positions by location throughout a distribution channel as well (Omar, 2009). All of these factors contribute to the automating of CPM and PERT through org Continue Reading...
When activities are placed on the arrows, there can be a greater sense of the concurrent nature of various processes and tasks as the arcs move forward towards project completion; activity-on-node setups emphasize the greater codependence of certain Continue Reading...
(Braunschweig; Day, 150) Most of the current generation of project managers expects the project management tools to furnish them with almost real-time knowledge in order to facilitate their decision-making. Some of these tools like DOFF, "Field of Continue Reading...
Grocery Store e-Commerce Grocery stores have made use of e-commerce since the early days of the Internet. While online-only grocery stores quickly proved to be a dismal failure as a whole, there remained some elements of that idea that have been ado Continue Reading...
646). PERT, as seen, has been utilized in scheduling tasks as significant as U.S. military operations, but has further shown to be significantly useful in the construction field. Not only has PERT proven a viable tool in the scheduling of construct Continue Reading...
There needed to be a much greater level of coordination, communication and collaboration for the full benefits of project management initiatives and strategies to succeed. One of the best practices that emerged from the shift to a leadership and org Continue Reading...
Monte Carlo simulation to get an estimate of the total production cost that can be expected for the company. The key to understanding this simulation is that there are two sets of information -- the probabilities and the randomly-generated number. T Continue Reading...
Project Management/Essentials of Project Management Nearly all businesses require project management. Having held a position as project manager with a reputable company, I have come to learn that the effective project manager is one who comprehends Continue Reading...
The 1960's were also characterized by project management development. The discipline and practice of project management were influenced by a series of new techniques and tools like earned value, or work breakdown structures. Project management's i Continue Reading...
Chapter 5: Projects1. Organizing the Project Teama. Definition: This involves assigning roles and responsibilities to team members based on their skills and the project's requirements. b. Context: In a software development project, team members could Continue Reading...
social sciences: quantitative, qualitative, and mixed methods. However, there is another classification of research -- evaluation research -- frequently deployed in organizations. Evaluation research may make use of all of these different methodolog Continue Reading...
IT Project Management at Google and the Development of Customer Relationship Management (CRM) Applications Google is known for its rapid pace of innovation and exceptional ability to deliver fully-featured products in a fraction of the time other co Continue Reading...
G. Reza Nasiri, Hamid Davoudpour, & Behrooz Karimi. (2010). The impact of integrated analysis on supply chain management: a coordinated approach for inventory control policy. Supply Chain Management, 15(4), 277-289. Link: http://www.emeraldins Continue Reading...
