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Project Management and Project Network Techniques

Project Management and Project Network Techniques

Keith Lockyer | James Gordon

(2005)

Additional Information

Book Details

Abstract

Taking a technical approach, this text looks at what defines a project and at the various techniques available to project managers.

Focusing on: the introduction of project management in established industrial concerns, risk assessment and quality in projects, the four phases of a project, and project management techniques such as Activity-on-Arrow and Activity-on-Node networks.

This book is suitable for project management students on a business or engineering course.


Table of Contents

Section Title Page Action Price
Cover Cover
Project Management and Project Network Techniques i
Preface xi
Contents vii
Introduction 1
Definition of a project 1
Common elements of a project 2
Revenue and capital projects 2
How is a project different from other operations? 3
Four phases of a project 3
Why project management? 7
Projects and company organisational structures 9
The hierarchical functional structure 9
The matrix structure 11
The problem of dual reporting 12
The need for a corporate culture 13
The pure project structure 14
Project organisation 16
The project manager 16
Desirable skills 17
The project team 19
Planning the project 21
Outline of planning concepts 21
Opportunity costs 22
Elements of project planning 23
The work breakdown structure 24
Introduction to project planning techniques 25
The network as a budget 31
Card networking/bar charting 32
Quality and reliability management in projects 34
The quality and reliability concepts of project management 35
Project quality and the parent organisation 37
Project processes and quality 37
Projects and procurement 41
Procurement processes 41
Sources of information 43
Tasks of the procurement group 43
Projects and risk management 47
Uncertainty and risk 48
Sources of risk 48
Risk assessment 51
Risk identification 51
The response to risk 52
Risk mitigation 53
Examining the project 55
Time-related processes 55
Cost-related processes 56
Resource-related processes 56
Planning and the project duration 57
Reducing the total project time 58
The final network 64
Controlling time 66
Measurement of activities 67
Comparing and reporting 68
Forecasting and taking corrective action 69
Other control systems 71
Controlling cash 73
Control during the life of a project 73
Cost control 74
Earned value 75
Budget preparation 75
The budgeting system 77
Planned and actual costs 78
Improving the data 80
Cost and schedule variances 80
Variance analysis 85
Forecasting 85
Comparing projects 87
The time value of money 88
The application of network techniques 92
Drawing the activity-on-arrow network 94
Elements of an activity-on-arrow diagram 94
Conventions adopted in drawing AoA networks 95
Dummy activities 102
Overlapping activities 106
Drawing the network 110
Drawing the activity-on-node network 113
Elements of an AoN network 113
Drawing the network 119
Analysing the activity-on-arrow network 122
Activity and event times 122
The calculations in detail 125
The critical path 127
Activity times – a recapitulation 129
Float or slack 131
Generalised rules for analysis 135
Intermediate imposed times 136
Analysing the activity-on-node network 137
Calculating the total project time 137
The AoN node in practice 143
Float 143
Precedence networks – multiple dependency activity-on-node 147
Four dependencies 147
Activity times and precedence networks 149
Finish-to-start 150
Start-to-start 151
Finish-to-finish 152
Start-to-finish 154
Several dependencies at a node 155
Lag-start, lag-finish 156
Float 158
Node symbols in AoN networking 159
The network and the bar chart 160
The time-scaled network 161
Analysis by bar chart 168
Resource analysis I 172
Basic considerations 172
Work required 173
Resource definition 174
Work available – capacity 175
Calculation of load 176
Further considerations 180
A limited case example 182
Resource analysis II 189
Optimum-seeking procedures 189
The resource-limited case 191
The time-limited case 195
Smoothing 195
General considerations 199
Line of balance and elemental trend analysis 200
Where LoB can be used 200
Elemental trend analysis 201
Some practical considerations 205
Conception 205
Development 207
Realisation 211
Termination 212
Appendices 213
Two unanswerable questions 213
Questions 215
Glossary of terms 245
Index 249