StudentShare solutions
Triangle menu

The important aspects of project planning - Assignment Example

Not dowloaded yet

Extract of sample
The important aspects of project planning

The manager would benchmark the planned time with other similar projects completed. In case historical data is not available, the project manager would evaluate the probabilities associated with each activity duration to arrive at the "Most Likely", "Optimistic", and "Pessimistic" project durations.
The advantage of network is that the interdependencies between various activities are captured effectively. CPA allows the project manager to focus on the critical activities and allocate resources efficiently, and helps deciding which activities to "crash". Its disadvantage is that it is complex, and unlike other planning tools like Gantt chart is not easily interpreted by everybody.
A work package is a subset of a project that can be assigned to a specific party for execution (Work Package 2009). Such work packages are identified as sub-levels of the WBS. For example, Colin can entrust the Level 1 activity of obtaining bank loan to a family member, who can execute this work package a separate sub-project.
The analysis is important as it allows the project manager to plan, monitor and control the project. It also forms as an important Management Information System (MIS) tool for the senior management. The analysis also allows estimation and allocation of scarce resources. ...Show more

Summary

The activity durations were reviewed with three respondents, their individual opinions recorded, and the arithmetic average of the durations taken (see Table-1). The duration for obtaining passport was changed on the basis of Home Office (Identity and Passport Service), UK information.
Author : vschoen
The important aspects of project planning essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"The important aspects of project planning"
with a personal 20% discount.
Grab the best paper

Related Essays

IT Project Management 2
The first and foremost responsibility is that of the HRIS needs identification. Also, the Project manager is to serve as a bridge between the management, the project team and the staff members of Genrays on the given project. The project manager is to create a preliminary scope statement for the firm.
20 pages (5000 words) Assignment
Project Management - Cathway Pacific
This paper focuses on project management. The findings have a potential negative influence on customers’ loyalty to the company. This juncture warrants Cathway management’s attention to roll out a project aimed towards addressing the matter conclusively. The issue of pollution has been narrowed down to the food scrap issue.
9 pages (2250 words) Assignment
Project Planning Flow
For instance, project planning can begin with the identification of the client's needs, the development of a budget and work schedule that fit these needs, and the planning for resources, including staff and materials. The setting up of a clearly defined project proposal plan is therefore very useful from the beginning as it can help ensure that matters as a technically capable staff and an adequate budget are part of the process.
4 pages (1000 words) Assignment
Introduction to Project Managment
In case of establishment of the effective project working details and issues handling we can achieve better project operational support and services. This project management report is about the detailed and deep analysis of the project management
4 pages (1000 words) Assignment
Project Evaluation
In addition, project evaluations as well supply lessons learned into the decision making procedure of the project stakeholders, comprising partners and management. Thus the project evaluation is as well a significant fraction of accountability to its project staff and to
6 pages (1500 words) Assignment
Project planning
ly involved such as developing a business case, undertaking a business case, performing the project charter, identifying the project team, establishing the project office and performing a review of the phase. This is the most crucial phase (Wesland 99).Diagrammatically it is
4 pages (1000 words) Assignment
Project planning with IT
Project management however, goes beyond this and cannot be limited to the application of tools, a job title, or the sum total of the above factors. Project management largely
5 pages (1250 words) Assignment
Directing and managing project execution
Many people having title of project manager do not understand fully their role and responsibilities and merely act as project coordinator. Project manager assumes more than one role depending upon
2 pages (500 words) Assignment
Effective Project Control
Considering this notion, it is important to explore the critical factors which essentially determine the extent to which a project can be characterized as successfully in meeting the outlined objectives. Therefore, this analysis examines and outlines the concepts which are
2 pages (500 words) Assignment
Case project analysis
In both case studies there was identified the same model used for the project selection - Benefit Measurement Model. While for the selection of the Springfield Interchange Improvement Project there was used Scoring Model, for the Guri Dam Project there was used
10 pages (2500 words) Assignment
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT