Tools:
Critical Path Model (CPM)
CPM is extensively used to determine the project duration. CPM method also helps to identify how much individual activities can slip without affecting the total duration of the project.
Crashing and Fast tracking
Crashing tries to add more resources into the project to ensure that the project will be finished on time or early. [Note: Fred’s theory: Adding resources to an already delayed project will/may increase the delay]
Fast tracking tries to run multiple activities in parallel to ensure that the project will be finished on time or early.
Resource Leveling:
Apply the resource availability [and quantity] to the project duration. It may increase the project duration when sufficient resource [in quantity or at the right time] is not available.
Critical Chain Method:
It is almost similar to the Critical Path Method. Critical path method uses a concept called float. CPM first calculates the total duration and then calculates float [how much it can slip] for each activity. CPM ensures that no activity exceeds its float. In Critical Chain Method latest possible start and latest possible finish dates are determined for each activity. Afterwards, buffers are added between activities. The goal is never try to exceed the buffer.
Company Calendar
Company Calendars may be used to check the company holidays, or events that may affect the project duration/schedule.
Adjusting leads and lags.
From: http://sitestree.com/?p=11446
Categories:PMP – Project Management
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Post Data:2017-10-17 14:46:36
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