If there's one part of project management that's bigger than all the rest, it's project scheduling. Since a project is defined as a temporary endeavor with a distinct beginning and end, defining when that end takes place and making sure it finishes on time are, by definition, extremely important to any project, large or small. Professional project managers look at … [Read more...]
Professional Project Scheduling
If there's one part of project management that's bigger than all the rest, it's project scheduling. Since a project is a temporary endeavor with a defined beginning and end, defining when that end takes place and making sure it finishes on time are extremely important to any project, large or small. Professional project managers look at the schedule every day and … [Read more...]
Estimating Task Durations
Estimating task durations is one of the fundamental parts of project management. It involves the estimation of the amount of time required by a certain project activity given the available resources. This happen directly after cost estimating. In the Project Management Body of Knowledge (PMBOK), the main output of the Estimate Activity Duration process are Activity … [Read more...]
Task Dependencies
Developing a functional schedule requires that tasks have dependencies. That means they have relationships to one another, they are not orphans adrift at sea. All Tasks Should have a Dependency The Project Management Body of Knowledge (PMBOK) states that all tasks should have a dependency. This is because by definition, if a task is part of a project it must be related … [Read more...]
Dividing a Project into Tasks
If there is only one foundational part of project management, it would have to be breaking down the project into manageable parts. Those parts are called phases and tasks. Everything else is built upon that foundation, so it should not be taken lightly. Although it seems trivial, it is one of the most important parts of a project manager's job. Example Task List In … [Read more...]
Planning the Project Schedule
The project deadlines are firm but the resources are occupied. The deadlines have been tightened but the quality must stay the same. The customer wants the highest quality product at the lowest cost. These are some of the many issues a project manager must deal with on a daily basis. On a foundational level, the project manager must balance the cost-quality-time … [Read more...]
The Project Task List
If there is only one foundational part of project management, it would have to be breaking down the project into manageable parts. Those parts are called phases and tasks. Everything else is built upon that foundation, so it should not be taken lightly. Although it seems trivial, it is one of the most important parts of a project manager's job. Example Activity … [Read more...]
Parts of a Schedule Management Plan
With little exception, missing deadlines reflects poorly on the project manager and sometimes has financial consequences too. Because projects are by definition temporary, someone has authorized the project and expects its deliverables in a timely fashion. To meet the deadlines, a schedule management plan is produced which is a subset of the project management plan. … [Read more...]
An Earned Value Example
Earned value analysis is used to calculate the project status on two fronts: Schedule. Is the project ahead of or behind schedule? Cost. Is the project over or under budget? Let's say you are the project manager for the renovation of 3 hotel rooms. The tasks are as follows: Preparation. Jan. 1 - Jan. 10, $5,000. Room #1: Jan. 10 - 20, $15,000. Room … [Read more...]
The Practical Guide to Earned Value Analysis
It's amazing how many projects do not know their true status until near the end, when there is little that can be done to ensure they finish on time or budget. The proper time to rigorously track project status is at the beginning, not at the end. This is when project risk can be managed and changes made to get it back on track. Earned value analysis is the current … [Read more...]