StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Critical Path Essential in Project Planning - Assignment Example

Cite this document
Summary
It represents the longest sequence of tasks in the project in which a delay results in a delay in the completion of the entire project. It is characterized by zero slack times,…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Critical Path Essential in Project Planning
Read Text Preview

Extract of sample "Critical Path Essential in Project Planning"

Critical Path in Project Planning In terms of creating a timeline, what is meant by the critical path of a PERT chart?The critical path in a PERT chart is the set of tasks that determines the total project duration. It represents the longest sequence of tasks in the project in which a delay results in a delay in the completion of the entire project. It is characterized by zero slack times, limited flexibility and tasks locked by task relationships (Luecke, 2004).1. (A) How would the manager go about prioritizing the problem existing in B, C or D?

The prioritization decision in this case is based on the whether the tasks experiencing problems are part of or not part of the critical path as established in the PERT chart. According to Reiss (2007), the sequence of choice is very important and starting with those problems in the critical path helps reduce any delays since the critical path dictates the total project duration. The author also argues that dealing with problems in the critical path is logical since tasks tackled later only have at their disposal the resources left by tasks undertaken before them.

Hence, there is need to prioritize the problems in the critical path to avoid resource deficiencies for critical tasks.(B) Should the manager address the issue in step B first, step C first, or step D first; why?Since Task B is an integral part of the critical path in the PERT chart, it takes the first priority over the C and D which are not part of the critical path. Problems in task B will cause undesirable slack times and delays in the critical path which in turn lengthens the total project time and attracts penalties.

Besides the fines and penalties, longer projects usually result in more costs and thus, efforts have to be placed on correcting problems in the critical path to avoid budget strains. As already stated earlier, the critical path has limited flexibility and thus problems in the tasks involved should receive the first priority. Tasks not in the critical path are mostly flexible; hence, C and D can be corrected later without any significant impacts on the total project time and costs.2. Once repair is completed in step #2, how would go you about prioritizing repairs at the other two steps?

The remaining problems in tasks C and D can be prioritized based on the project scheduling analysis. Here, the hierarchy of tasks in terms of which task is dependent on the other for the project to proceed according to plans will be used. Hence, the priority in solving problems in tasks C and D will be given to the task that should come prior to the other in the project schedule. According to Lester (2007), the project schedule entails time analysis and logical hierarchy, where the project management team determines which tasks require to be completed before other tasks.

It consists of establishing interdependencies, time analysis and identifying the key performance indicators for the given project. Hence, to determine which problem will be solved, the project manager will study the schedule already established for the project and identify which task between C and D should be undertaken first due to its hierarchy in the task interdependencies. This task will then be given the first priority. ReferencesLester, A. (2007), Project management, planning and control: managing engineering, construction and manufacturing projects to PMI, APM and BSI standards.

USA: Butterworth-Heinemann. Luecke, R. (2004). Managing projects large and small: The fundamental skills for delivering on time. USA: Harvard Business School Publishing Corporation.Reiss, G. (2007). Project management demystified. USA: Taylor and Francis.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Critical Path Essential in Project Planning Assignment”, n.d.)
Critical Path Essential in Project Planning Assignment. Retrieved from https://studentshare.org/business/1594383-critical-path-essential-in-project-planning
(Critical Path Essential in Project Planning Assignment)
Critical Path Essential in Project Planning Assignment. https://studentshare.org/business/1594383-critical-path-essential-in-project-planning.
“Critical Path Essential in Project Planning Assignment”, n.d. https://studentshare.org/business/1594383-critical-path-essential-in-project-planning.
  • Cited: 0 times

CHECK THESE SAMPLES OF Critical Path Essential in Project Planning

Assignment in Planning and Programming

he project planning process in the construction industry forms a fundamental activity for the entire project.... The factors affecting the project planning process lie within the financial and time functions of the project.... Comprehensive analysis of the risks becomes essential in minimising the probabilities of project failure.... The researcher of this paper presents a critical analysis of numerous planning elements for implementation construction projects....
13 Pages (3250 words) Assignment

Accessing And Controlling Risk In Software Project Management

It is defined comprehensively as “a network analysis planning technique used especially in project management to identify the activities within a project that are critical for its success.... One more method known as the critical path Method (CPM) is also widely used as it provides brief information related to planned stages of construction (Levy 2007).... A critical path is plotted through the diagram, showing the sequence in which activities must be completed in order to complete the project in the shortest amount of time, incurring the least cost....
8 Pages (2000 words) Essay

Building Project: A Case Study in Project Planning and Control

All of these are important components of project planning and control.... hellip; planning and control are two essential management functions that one must be able to master and should appropriately use in task management.... planning has important components or dimensions and one of them is to ensure the achievement of goals and objectives as significant measures of how a specific strategy is succeeding (Carpenter et al.... However, it is not only planning that plays crucial role in building or creation of a project....
8 Pages (2000 words) Essay

The Relationship and Usefulness of Time, Cost and Quality behind the Success of Project

The next step is project planning.... The project planning involves steps outlining the plan of the project, quality plan, financial plan, resource plan, risk plan, procurement plan, communication plan, and acceptance plan.... The author states that the critical path Method helps the project manager to schedule the time required for the project.... When a project is compressed, that is it needs to be completed sooner; the period necessary to finish the project is concluded from the critical path....
8 Pages (2000 words) Coursework

Resource Allocation and Aggregation in Construction Project Management

The project planning should be resource oriented scheduled.... The techniques discussed are Network critical path Analysis, Bar Charts, S - Curves) ... Skilled manpower also can be shared by the projects by simply proper planning of the projects.... (Abstract: This paper gives an overall view of decision making, the importance of Resource management in the process of decision making and discusses a few techniques available for resource allocation and aggregation in construction project Management....
6 Pages (1500 words) Essay

The Use of Different Project Management Tools and Techniques in the Design of Marketing Projects

The report seeks to elaborate on critical analyses concerning the use of various management techniques and tools in the design, planning, and development of the marketing projects.... According to Kennnaugh (2010), it also involves the designing, development and the planning of substantial marketing programs with the use of project management tools and techniques.... The report also focuses identifying relevant details on the assessment of the information needs of… These also include the identification of the contribution of the use of the project management tools to the enhancement and development of The paper also depicts the understanding of the relevant application of the project management tools with techniques in various situations....
12 Pages (3000 words) Assignment

Effective Project Planning and Management

This paper "Effective project planning and Management" discusses the theoretical framework for project management.... This part discusses the importance of quality in project management along with other issues that can influence the quality of project management.... I will make use of them to monitor and control the progress of this project.... We will make use of Work Breakdown Structure (WBS) and CPA for effective management of major project resources and procedures....
8 Pages (2000 words) Assignment

Project Planning Skills

The paper "project Plаnning Skills" discusses that each аnd every project haѕ Conѕtraintѕ like Scope, Time, аnd Coѕt.... Each аnd every project haѕ ѕtarting аnd ending time, coѕt аnd othеr mаnagement function involved in a project to make ѕucceѕѕful or failure.... hellip; project Plаnning ѕkillѕ are thе ѕame for all thе projectѕ аnd before ѕtarting on thе project thе generic ѕkillѕ of project Plаnning cаn be applied....
8 Pages (2000 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us