...UNIVERSITY OF NAIROBI Topic: Project Management Using Network Analysis Term paper for the course SMA 473: Network Analysis, Graphs and Scheduling Lecturer: Prof. Ganesh Prasad Pokhariyal. Name: munuhe allan ndungu Registration No: I09/1916/2012 Table of Contents Abstract ………………………………………………………………………………..………. 3 Chapter 1.Introduction …………………………………………………………………………. 4 1.1 Background Information ………………………………………………………….. 4 1.2 Statement of Problem ……………………………………………………………... 4 1.3 Objectives of Study ……………………………………………………………….. 5 1.4 Significance of Study ……………………………………………………………... 5 Chapter 2.Literature Review ………………………………………………………...………….. 5 2.1 Graph Theory ……………………………………………………………………. 5 2.2 Network Analysis ………………………………………………………………... 6 2.3 Project Management …………………………………………………………...... 6 2.3.1 Network Crashing ………………………………………………….. 7 2.3.2 PERT ………………………………………………………………. 7 2.3.3 CPM ………………………………………………………………...9 2.3.4 Gantt Chart …………………………………………………….........9 Chapter 3.Research Method …………………………………………………………………... 10 3.1 Research and Sample …………………………………………………………. 10 3.2 Instruments and Materials...
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...Table of Contents 1.0 INTRODUCTION 3 2.0 NETWORK TECHNIQUES 7 2.1 Introduction 7 2.2 Critical Path Method (CPM) ……………………………………………………………..…………………………………… 8 2.2.1 Steps of CPM Project Planning ……….……………………………………………………………………………… 9 2.2.2 Example of CPM …………………………………………………………………………………………………………… 11 2.2.3 Benefits of CPM …………………………………………………………………………………………………………… 12 2.2.4 Limitation of CPM …………….…………………………………………………………………………………………. 12 2.3 Project Evaluation and Review Techniques (PERT) ……..……………..………………………………………… 13 2.3.1 Steps of PERT in Project Planning ……....……………………………………………………………………….. 14 2.3.2 Benefits of PERT……..……………………………………………………………………………………………………. 16 2.5.1 Limitation of PERT ……………………………………………………………………………………………………….. 16 3.0 CONCLUSION 17 4.0 REFERANCES 29 1.0 INTRODUCTION: 1.1 What is a project? A project is a series of activities directed to accomplishment of a desired objective. A project have a defined start which is when the descision of the project process starts and also a defined end where by that point the goal and the objectives of that project is achived. 1.2 What is project management? Project management its concerned with the overall planning and co-ordination of a project from conception to completion aimed at meeting the stated requirements and ensuring completion on time, within cost and to required quality standards. Project management is normally reserved for focused, non-repetitive, time-limited...
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...7. PROJECT MANAGEMENT Syllabus Definition and scope of project, Technical design, Financing, Contracting, Implementation and performance monitoring. Implementation plan for top management, Planning Budget, Procurement Procedures, Construction, Measurement & Verification. 7.1 Introduction Project management is concerned with the overall planning and co-ordination of a project from conception to completion aimed at meeting the stated requirements and ensuring completion on time, within cost and to required quality standards. Project management is normally reserved for focused, non-repetitive, time-limited activities with some degree of risk and that are beyond the usual scope of operational activities for which the organization is responsible. 7.2 Steps in Project Management The various steps in a project management are: 1. 2. 3. 4. 5. 6. 7.2.1 Project Definition and Scope Technical Design Financing Contracting Implementation Performance Monitoring Project Definition and Scope What is a Project? “A project is a one-shot, time-limited, goal-directed, major undertaking, requiring the commitment of varied skills and resources”. A project is a temporary endeavor undertaken to create a unique product or service. A project is temporary in that there is a defined start (the decision to proceed) and a defined end (the achievement of the goals and objectives). Ongoing business or maintenance operations are not projects. Energy conservation projects and process improvement...
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...I. PROJECT MANAGEMENT PROJECTS Unique, one-time operations designed to accomplish a specific set of objectives in a limited time frame. Examples of Projects • Contsructing a shopping complex • Merging two companies • Putting on a play • Designing and running a political campaign Examples of Projects within business organizations: • Designing new products or services • Designing advertising campaigns • Designing information systems • Reengineering a process • Designing databases • Software development • Designing Web pages Projects may involve considerable cost, Long time horizon and some involve a large number of activities. – must be carefully planned and coordinated to make the project successful. II. BEHAVIORAL ASPECTS OF PROJECT MANAGEMENT KEY DECISIONS IN PROJECT MANGEMENT Much of the success of the projects depends on key managerial decisions over a sequence of steps: 1. Deciding which projects to implement 2. Selecting the project manager 3. Selecting the project team 4. Planning and designing the project 5. Managing and controlling project resources 6. Deciding if and when a project should be terminated 1. Deciding which projects to implement This involves determining the criteria that will be used to decide which projects to pursue. Typical factors include: - Budget - Availability of appropriate knowledge - Skill personnel - Cost-benefit considerations Of course other factors may override these criteria such as: ...
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...Project Management 1. Introduction As a discipline and professional subject, project management has gained unprecedented prevalence throughout the world as a consequence of its role in assisting the organization to efficiently utilize limited resources, resolving sophisticated technology and enhancing its survive in the increasingly competitive market. Specifically, implementing project management techniques assists the organization in curtailing the overheads costs, satisfying project deadlines and customizing the project workplace and so forth. Some 4500 years ago, projects had been undertaken with the pyramids construction by the ancient Egyptians, but it is universally accepted that the period of 1950s is an indication of the arrival of modern management era and the commencement of utilizing formal project management tools and techniques (Awan, 2010). Economic pressures of the industrialized world, competition between rival companies and greater regard for the value, well-being and hence the employment costs of working people have all contributed to the development of new project management ideas and techniques. The purpose of this essay is to identify the major developments in the domain of project management over the past five decades and to explain how these historical developments influence the understanding of modern project management. 2. Crucial Developments in the Field of PM and Repercussions on Understanding Modern Project Management Prior to 1950s...
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...CHAPTER 1: OPERATIONS AND PRODUCTIVITY TRUE/FALSE 1. Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements. True (Global company profile, easy) 2. The production process at Hard Rock Café is limited to meal preparation and serving customers. False (Global company profile, easy) 3. All organizations, including service firms such as banks and hospitals, have a production function. True (What is operations management? moderate) 4. Operations management is the set of activities that create value in the form of goods and services by transforming inputs into outputs. True (What is operations management? easy) 5. An example of a "hidden" production function is money transfers at banks. True (What is operations management? moderate) 6. One reason to study operations management is to learn how people organize themselves for productive enterprise. True (Why study OM, easy) 7. The operations manager performs the management activities of planning, organizing, staffing, leading, and controlling of the OM function. True (What operations managers do, easy) 8. "How much inventory of this item should we have?" is within the critical decision area of managing quality. False (What operations managers do, easy) 9. In order to have a career in operations management, one must have a degree in statistics or quantitative methods. False (What operations...
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...energy efficient servers and appliances. Kingfish will also be virtualizing 50% of the application that now sit on individual servers. This initiative will not only save the datacenter the cost of running an inefficient server but will pass on saving to the customer while providing a robust and scalable environment. Kingfish Datacenter Migration Kingfish Datacenter is a medium size datacenter that is used primarily as a hosting center. The datacenter is primarily oriented toward a client-server which means that the data traffic flows north-south (in and out of the facility). The data center has lost its lease in its current location and will have to move within one year. Kingfish Datacenter has an opportunity to enter into a long-term lease with the owner of the Connection Factory. The Connection Factory is a converted factory that has been converted to be used as a datacenter. It will suit the need of the organization perfectly. The factory will be upgraded by the owner to suit the needs of the organization if a lease is signed. The new...
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.../ Emerging Hardware Technologies (graded) Research new and emerging hardware technologies that can enhance or benefit an organization or industry. What are the risks of implementing these technologies? Do the benefits outweigh the risks? DQ 2 Emerging Software or Service Technologies (graded) Research new and emerging software technologies or services that can enhance or benefit an organization or industry. What are the risks of implementing these technologies? Do the benefits outweigh the risks? Devry NETW471 Week 2 Discussion DQ 1 & DQ 2 Latest 2016 March DQ 1 Virtualization in the Enterprise (graded) The practice of virtualization allows us to use our network resources more efficiently, spend less time managing devices, reduce IT staff, recover faster and more easily from network failures, and lower overall IT cost. Explain how virtualization makes all of these things possible. DQ 2 Virtualization in the Cloud (graded) Virtualization is the foundation for cloud computing. How are the two related? Provide and discuss at least one specific example. Devry NETW471 Week 3 Discussion DQ 1 & DQ 2 Latest 2016 March DQ 1 Big Data (graded) What is Big Data, and why are IT professionals concerned about it? What impact do you think that Big Data will have on current and future technologies? DQ 2 Data Science and Data Analytics (graded) What is the difference between Data Science and Data Analytics? How can these two related subjects be used to improve...
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...Versión traducida de CAP6.doc ne of the primary features that distinguishes project management Una de las principales características que distingue a la gestión de proyectos de la dirección general es la atención especial a programación. Remember from chapter 1 that Dr. JM Juran Dr. JM Juran dice que un proyecto es un problema programado para la solución. Unfortunately, some people Scheduling is just one of the tools usedLa programación es sólo una de las herramientas utilizadas to manage jobs and should not be considered the primary one. para administrar los trabajos y no debe ser considerado el principal. People today tend to acquire scheduling La gente de hoy tienden a adquirir la programación software, de los cuales hay abundancia, and think that will make them y pensar que los hacen los gestores de proyectos instantánea. They soon find No tardaron en encontrar que esa idea es equivocada. In fact, it is nearly Esimpossible to use the software effectively imposible utilizar el software de forma eficaz unless you understand project management a menos que entienda de gestión de proyecto (and scheduling methodology in (Y la programación de la metodología en particular). en particular). Gestión de proyectos no es sólo programación. Suggestion: Whatever Sugerencia: Sea cual sea programación software que elegir, obtener algunos formación profesional sobre cómo usarlo. In the early days of personal computers, there was aDo check out the instructor's knowledge of project...
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...PRODUCTION MANAGEMENT 1. Define production: According to Elwood Butta “production is a process by which goods or services are created”. Production involves the step by step convertion of one form of material into another through chemical or mechanical process with a view to enhance the utility of the product or services. 2. Characteristics features of production system? 1. Production is an organized activity. 2. The system transforms the various inputs into useful outputs. 3. Production system does not operate in isolation from the other organizational systems. 4. There exists a feed back about the activities which is essential to control and improve system proformation. 3. Define production management: “Production management deals with the decision making related to production process of that the resulting goods and service is produced according to specifications in the amounts and at the scheduled demanded and at minimum cost” – Elwood Butta. 4. What are the difference between production management and operation management? 1. 2. 3. 4. 5. Production mgmt It is concerned with manufacturing Out put is tangible In this, job useless labour and more equipment There is no customer participation 1. 2. 3. 4. Operation mgmt It is concerned with services Output is intangible In this, job use more labour and less equipment Frequent customer participation What are the functions of production mgmt? 1. Production planning 2. Production control 1 3. Factory building 4. Provision...
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.../ Emerging Hardware Technologies (graded) Research new and emerging hardware technologies that can enhance or benefit an organization or industry. What are the risks of implementing these technologies? Do the benefits outweigh the risks? DQ 2 Emerging Software or Service Technologies (graded) Research new and emerging software technologies or services that can enhance or benefit an organization or industry. What are the risks of implementing these technologies? Do the benefits outweigh the risks? Devry NETW471 Week 2 Discussion DQ 1 & DQ 2 Latest 2016 March DQ 1 Virtualization in the Enterprise (graded) The practice of virtualization allows us to use our network resources more efficiently, spend less time managing devices, reduce IT staff, recover faster and more easily from network failures, and lower overall IT cost. Explain how virtualization makes all of these things possible. DQ 2 Virtualization in the Cloud (graded) Virtualization is the foundation for cloud computing. How are the two related? Provide and discuss at least one specific example. Devry NETW471 Week 3 Discussion DQ 1 & DQ 2 Latest 2016 March DQ 1 Big Data (graded) What is Big Data, and why are IT professionals concerned about it? What impact do you think that Big Data will have on current and future technologies? DQ 2 Data Science and Data Analytics (graded) What is the difference between Data Science and Data Analytics? How can these two related subjects be used to improve...
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...And after sales services and the like. other effects of product mix Product Mix as Per Financial Dictionary The set of goods and services a company provides. Generally speaking, a company offering a wider product mix carries less risk but also usually has a lower profit margin. That is, the profit margin for a company like Wal-Mart may not be high, but so long as most of its products have strong sales, it is in no danger of bankruptcy. On the other hand, a company may only offer a few products; this is high risk because there may be low demand for the products, but specializing in a niche market can result in exceptionally large profits. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved Product Mix as Per Investment Term The composition of goods and services produced and/or sold by a firm. A limited product mix tends to increase the firm's risk at the same time it increases the potential for large profits. Thus, a firm specializing in a niche market in electronics is likely to...
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...formulation, Solution using MS Excel Text: BRS 5.1, 5.2, 5.3 Class 2: Transportation Problem (cont.) Basic feasible solution of TP, properties, Analysis of Excel output, Sensitivity analysis Text: BRS 5.1, 5.2, 5.3 Class 3: Transshipment problem Formulation of LP model, different variations (unbalanced case, combining with production scheduling, multi-modal and multi-SKU transportation), Conversion of transshipment model into classic transportation model. Text: BRS 5.4, 5.5 Class 4: Assignment problem Binary ILP formulation, solution by Hungarian method Text: BRS 5.6 Class 5: Network models Shortest path problem, Minimal spanning tree Text: BRS 5.8, 5.9 Class 6: Game theory Introduction to game theory: Types of game, Two person zero-sum game, concept of saddle point, dominance rule Text: WW 14.1, 14.2 Class 7: Game theory (contd.) Mixed startegy, Linear programming formulation Text: WW 14.2, 14.3 Class 8: Mid-term Test Class 9: Markov chain Introduction to stochastic processes, markov chains, transition probability matrix, steadystate probabilities. Text: Handouts and WW 17.1, 17.2, 17.3 Class 10: Decision theory Decision making under uncertainty, Decision criteria, Decision Tree Text: BRs 8.1, 8.2, 8.3, 8.4, 8.6 Class 11: Decision theory (contd.) Decision making under risk, EVPI, EVSI Text: 8.5, 8.8, 8.9 Class 12: Travelling Salesman Problem Optimization model formulation, solution approaches, Branch and bound algorithm Text: handouts and WW 9.6 Class 13: Case Study / Revision ...
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...chemicals for the power washing machines and equipment and the top of the line detailing cleaners in bulk. The reason for this addition is that the existing customers that the company has have inquired about products that match with the machines and equipment they buy from the company. In supplying the products used by the existing customers the primary consumer base is already familiar with the company and is also an excellent marketing tool for selling the company’s whole line of products to customers not yet sold to. Project Management in technical or professional terms is “the application of what is known, the talents you have, equipment and methods used to obtain the project’s objective” (Project, 2013). To me this means that it is managing a business project from the beginning when it is just an idea to planning the projects needs of materials, man power, equipment, vendors, budgets and timelines. Through this paper and the following chart I will explain what the company needs to accomplish a successful project. A “project management process is needed to ensure an effective flow from the start of a project to the closing of that project” (PMI, 20130. This process entails “Initiating, Planning, Executing, Monitoring & Controlling and Closing” (M.U.S.E., 2013). Initiating – (assessments, proposals & recommendations – project charter developing – charter presenting– sponsor reviewing – approval). The project management process’s first step is to declare the tangible project...
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...Requirements | Course Outline | Course Description | Career Prospects | Student Welfare | Teaching & Research Facilities | Staff | List of Students | Publications | Course Evaluation & Exams | Msc Construction Project Management | Admission into the Masters of Science programme can be obtained through: (a) Candidates with B. Sc or B. Tech. (Building) with a minimum of second class lower or GPA not less than 2.50 (on a 5-point scale) (b) HND Building plus PGD (with upper credit) from any recognized university Duration and Mode of Study. The programme is a full time programme which runs for a minimum of 18 months. The mode of study for the programme is through a comprehensive course work to be examined in both oral and written papers, seminars and other necessary work to be contained in a submitted thesis. Employment Opportunities Graduate of the programme will have further relevance in the following areas: (a) Public sector, government ministries, parastatals and research institutes (b) Private sector employments and related industries, oil and gas, power and steel, telecommunications. COURSE CODE | COURSE TITLE | UNIT | BD 701 | Construction Plants and Equipments | 2 | BD 703 | Construction Planning and Contract Practice | 2 | BD 705 | Construction Finance | 2 | BD 707 | Research Methodology | 2 | BD 709 | Project Feasibility Analysis/Studies | 2 | BD 711 | Construction Management Process | 2 | BD 797 | Research Project I | 2 | | Plus One...
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