5:
Project
Time
Management
Stevbros
Training
and
Consultancy
PMI,
PMP
and
PMBOK
are
registered
marks
of
the
Project
Management
Institute,
Inc.
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Processes
Initiating
Planning
process
process
group
group
Plan
Schedule
Management
Define Activities
Sequence
Activities
Estimate
Activity
Resources
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Estimate
Executing
process
group
Control
Schedule
Plan
schedule
management
The
process
of
establishing
the
policies,
procedures,
and
documentation
for
planning,
developing,
managing,
executing,
and
controlling
the
project
schedule.
A
Guide
to
the
Project
Management
Body
of
Knowledge,
Fifth
Edition
(PMBOK
Guide)
2013
Project
Management
Institute,
Inc.
All
Rights
Reserved.
Figure
6-3
Page
145.
Copyright@STEVBROS
Important
ITTOs
Schedule
management
plan
can
establish
the
following:
Project
schedule
model
development
Level
of
accuracy
Units
of
measure.
Such
as
staff
hours,
staff
days,
or
weeks
for
time
measures,
or
meters,
liters,
tons,
kilometers,
or
cubic
yards
for
quantity
measures.
Organizational
procedures
links
Reporting
formats
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Define
activities
The
process
of
identifying
and
documenting
the
specific
actions
to
be
performed
to
produce
the
project
deliverables.
A
Guide
to
the
Project
Management
Body
of
Knowledge,
Fifth
Edition
(PMBOK
Guide)
2013
Project
Management
Institute,
Inc.
All
Rights
Reserved.
Figure
6-5
Page
149.
5
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Important
ITTOs
Decomposition
Rolling
wave
planning
Activity
attributes
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Decomposition
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Activity
attribute
3
types
of
activities:
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Activity attribute
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10
Sequence
activities
The
process
of
identifying
and
documenting
relationships
among
the
project
activities.
The
key
benefit
of
this
process
is
that
it
defines
the
logical
sequence
of
work
to
obtain
the
greatest
efficiency
given
all
project
constraints.
A
Guide
to
the
Project
Management
Body
of
Knowledge,
Fifth
Edition
(PMBOK
Guide)
2013
Project
Management
Institute,
Inc.
All
Rights
Reserved.
Figure
6-7
Page
153.
11
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Important ITTOs
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12
PDM
Precedence
Diagramming
Model
(PDM)
or
Activity
on
Node
(AON):
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13
Dependencies
determination
Mandatory:
inherent
in
the
nature
of
the
work,
cannot
be
changed
Discretionary:
based
on
the
preference
of
the
team,
can
be
changed
External:
something
outside
the
project
impacts
something
internal
to
the
project
Internal:
dependencies
that
are
within
the
project
teams
control
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14
15
Project
schedule
network
diagrams
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16
Estimate
activity
resource
A
Guide
to
the
Project
Management
Body
of
Knowledge,
Fifth
Edition
(PMBOK
Guide)
2013
Project
Management
Institute,
Inc.
All
Rights
Reserved.
Figure
6-12
Page
161.
17
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Important
ITTOs
Resource
breakdown
structure
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18
Estimate
activity
duration
The
process
of
estimating
the
number
of
work
periods
needed
to
complete
individual
activities
with
estimated
resources.
19
Important ITTOs
Analogous
estimating
Parametric
estimating
Three-point
estimating
Reserver
analysis
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20
Analogous
estimating,
Parametric
estimating
Analogous
Estimating:
Parametric Estimating:
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21
3-point
estimating
PERT
uses
three
estimates
to
define
an
approximate
range
for
an
activitys
duration:
Most
likely
(tM).
This
estimate
is
based
on
the
duration
of
the
activity,
given
the
resources,
their
productivity,
realistic
expectations
of
availability
for
the
activity,
etc
Optimistic
(tO).
The
activity
duration
based
on
analysis
of
the
best-case
scenario
for
the
activity.
Pessimistic
(tP).
The
activity
duration
based
on
analysis
of
the
worst-case
scenario
for
the
activity.
Triangular
Distribution:
tE = (tO + tM + tP) / 3
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22
Reserve
analysis
Contingency
reserves
are
the
estimated
duration
within
the
schedule
baseline.
Contingency
reserves
are
associated
with
the
known-
unknowns,
which
may
be
estimated
to
account
for
this
unknown
amount
of
rework.
Management
reserve
is
not
included
in
the
schedule
baseline,
but
it
is
part
of
the
overall
project
duration
requirements.
Management
reserves
are
intended
to
address
the
unknown-
unknowns
that
can
affect
a
project.
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23
Develop
schedule
The
process
of
analyzing
activity
sequences,
durations,
resource
requirements,
and
schedule
constraints
to
create
the
project
schedule
model.
24
Important ITTOs
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25
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26
Free
Float/Slack:
the
amount
of
time
that
a
schedule
activity
can
be
delayed
without
delaying
the
early
start
date
of
any
immediate
successor
or
violating
a
schedule
constraint.
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27
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28
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29
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30
Resource
Optimization
Techniques
Resource
leveling:
often
cause
the
original
critical
path
to
change,
usually
to
increase.
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31
Resource
Optimization
Techniques
Resource
smoothing:
critical
path
is
not
changed,
activities
may
only
be
delayed
within
their
free
and
total
float.
12 workers
11
workers
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13 workers
32
Schedule
compression
Fast
tracking
Crashing
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33
Schedule
compression
Example:
Activity
Original
Crash
Time
Duration Duration Savings
Original
Crash
Cost
in
Cost
Dollars
Extra
Cost
Crash
Cost
Per
Day
10
10,000
12,000
2,000
1,000
14
10
14,000
24,000
10,000
2,500
15,000
17,000
2,000
2,000
12,000
18,000
6,000
3,000
34
Schedule
compression
The
answer
is
Activity
A,
as
it
has
the
minimum
crash
cost
per
day.
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35
Schedule
baseline,
Project
schedule
Project
schedule
model
are
classified
as
presentations:
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36
Control
schedule
The
process
of
monitoring
the
status
of
project
activities
to
update
project
progress
and
manage
changes
to
the
schedule
baseline
to
achieve
the
plan.
37
Summary
4
relationship
types
(FS,
SF,
SS,
FF),
4
dependency
determinations
(Mandatory,
Discretionary,
External,
Internal)
Activity
duration
estimating
techniques:
analogous,
parametric,
three-point/PERT
(Triangular
Distribution
and
Beta
Distribution)
PDM/AON,
Critical
Path
Method
(CPM),
Critical
Chain
Method
(CCM),
lead/lag,
activity
types
(DE,
AE,
LOE),
hammock
activities,
rolling
wave
planning,
reserve
analysis,
resource
breakdown
structure.
Find
critical
path,
calculate
float/slack
Resource
optimization
techniques,
schedule
compression
techniques
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38
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