FOR
MANAGERS
NETWORK ANALYSIS
, Learning Objectives
When you complete this chapter, you should be
able to :
Identify or Define:
– Work breakdown structure
– Critical path
– AON Networks
– Forward and Backward Passes
– Variability in Activity Times
– Describe how a PERT network analysis
works
- Critical path method (CPM)
,• Project
– A one-time-only set of activities that has a
definite beginning and ending point time.
• Project Management
– The task of getting a project’s activities done
on time, within budget, and according to
specifications.
• Define project goals
• Identify all required activities, materials, and labour
• Determine the sequence of completion
, Managing Projects with
Networks
Managing projects with networks
usually involves four steps:
1. Describing the project
2. Diagramming the network
3. Estimating time of completion
4. Monitoring project progress