The Programme Evaluation and Review Technique (PERT) and Critical Path Method (CPM) are project management techniques. Project means a planned activity requiring a set of non-routine tasks for completion in a time limited effort. To complete a project we need to plan, organize, direct and control the resources of the organization for a relatively short term objective which has been established to complete specific goals and objectives (Kerzner, 1995)…
The project is also finite and temporary because it has a beginning and end specified by date, thus distinguishing it from regular operations which is ongoing and without a deadline. Finally, the project is aimed at the attainment of a specific deliverable which is turned over to the customer at project’s end.
In the project scope statement, the following sections are included: · Statement of client requirements specifies their expectations from the project. · Contract penalties cover monetary penalty for non-deliverance of project. · Regulatory controls include legal, environmental and government policies that may affect progress of the project.
Resource allocation is one of the most important aspects of Construction Management. Resources are the true sources of the cost of the project. The management responsibilities lies with the proper utilization of available resources and at the same time to ensure that project delay does not occur due to resource constraints.
Thus controlling time, quality and costs form the basis of any project management. Examples of projects include constructing facilities and buildings such as houses, factories, shopping malls, an athletic stadium or an arena. This paper attempts to critically analyse the essential elements of an effective project management, in the light of the shortcomings as well as the efficiencies depicted by two major construction projects undertaken to bring the marvel of building constructions.
ct development from start to finish.1 Project management techniques are applicable to all types of projects and these techniques or methods not only make it easy for the project managers to control all phases of project management effectively but also these methods are widely
The techniques are composed of established strategies or doctrines that can be tailored and applied to a specific situation. In project management, these strategies could be a list of tasks to be consummated, a definite approach, outlines, methods, and even
These changes are substantive and move in tandem with strategic change and the organizational development.
Projects are becoming a creative design template for strategic re-design and operational management practices (Berkun 2005 pp. 101-123). Current literature
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