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Crashing - This is a project schedule compression technique in which cost and schedule tradeoffs are analyzed to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources. Approving overtime pay for project resources is another example of crashing.
Fast tracking - This is a project schedule compression technique used to decrease the project duration by performing project phases or some schedule activities within a phase in parallel that would normally be performed in sequence. For example, testing of a product can start when some of its components are finished, rather than waiting for the whole product to be completed.
What else can I help you with?
What examples are inputs to perform integrated change control process?
A request to change the scope of a project based on the technology required for a product. The schedule baseline from a previous similar project that's used to determine how best to manage delays in manufacturing. Company procedures regarding change control, reviewed to determine the level at which a change request should be set. A request to change the project schedule because the manufacturing process for a new product is taking longer than expected. A request that the widget cutting process is changed after quality control processes find a high number of widgets larger than specification. A change control procedure for fast tracking an important change. A cost baseline from a previous similar project that's used to assess potential changes to the current project. A request to correct a scope overrun after a team member added functionality not required to a product, affecting time and schedule forecasts.
What is used within GFEBS to track whether a project is executed efficiently on-time and within budget?
Project Systems will be used within GFEBS to track that a project is executed efficiently, on-time, and within budget.
How is project systems used within gfebs?
true
Separating techniques used in rice industries?
to achieve quality product
What inputs are used during the close project or phase process?
the project management plan accepted deliverables organizational process assets
What kind of information can you learn about a project by reviewing the Project Schedule and all the information used to generate that schedule?
Reviewing the Project Schedule and its supporting information can provide insights into project timeline, key milestones, resource allocation, task dependencies, critical path, and potential risks and constraints. It helps in understanding the sequencing of project activities, the duration of each task, project progress tracking, and overall project management approach.
What are the options available to the Project Manager to reduce the duration of the project?
Schedule compression is an attempt to shorten the project schedule without changing the project scope. It may be necessary in order to deal with schedule-related constraints and objectives. It is true that you, the project manager, build the schedule through cold, hard mathematical analysis, and you don't just accept whatever schedule goals come down the pipeline from elsewhere (usually the top), such as from the customer or the project sponsor. However, once you have the schedule built through analysis, you can attempt to accommodate some critical stakeholder expectations or hard deadlines, such as a predetermined project finish date.In the previous section we already saw about Resource Leveling that can be used to accommodate hard deadlines for certain activities. There are two other techniques that can be used for compressing the project schedule. They are:Crashing - This is a project schedule compression technique in which cost and schedule tradeoffs are analyzed to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources. Approving overtime pay for project resources is another example of crashing.Fast tracking - This is a project schedule compression technique used to decrease the project duration by performing project phases or some schedule activities within a phase in parallel that would normally be performed in sequence. For example, testing of a product can start when some of its components are finished, rather than waiting for the whole product to be completed.
What are the Techniques used for control of labor cost?
how cost planning techniques are used to control the costs of a construction project
What is project monitoring?
Project performance is measured by comparing the project execution to the performance measurement baseline, which is an approved integrated plan for scope, schedule, and cost for the project, as explained here:• Cost baseline - This is the planned budget for the project over a time period, used as a basis against which to measure, monitor, and control the cost performance of the project. The cost performance is measured by comparing the actual cost to the planned cost over a time period.• Schedule baseline - This is a specific version of the project schedule developed from the schedule network analysis and the schedule model data. This is the approved version of the schedule with a start date and an end date, and it is used as a basis against which the project schedule performance is measured.• Scope baseline - This is the approved project scope that includes the approved project scope statement, the WBS based on the approved project scope statement, and the corresponding WBS dictionary.
What is project performance monitoring?
Project performance is measured by comparing the project execution to the performance measurement baseline, which is an approved integrated plan for scope, schedule, and cost for the project, as explained here:• Cost baseline - This is the planned budget for the project over a time period, used as a basis against which to measure, monitor, and control the cost performance of the project. The cost performance is measured by comparing the actual cost to the planned cost over a time period.• Schedule baseline - This is a specific version of the project schedule developed from the schedule network analysis and the schedule model data. This is the approved version of the schedule with a start date and an end date, and it is used as a basis against which the project schedule performance is measured.• Scope baseline - This is the approved project scope that includes the approved project scope statement, the WBS based on the approved project scope statement, and the corresponding WBS dictionary.
Whaqt is level 1 project schedule?
Executive Summary, also called a Project Master Schedule (PMS). This is a major milestone type of schedule; usually only one page, it highlights major project activities, milestones, and key deliverables for the whole project. It is used to summarise the project schedule in reports and other documents when a more detailed schedule is not required. Frequently developed by the 'client' as part of its initial feasibility studies for the project and then maintained by the contractor; may be used to assist in the decision making process (go/no-go, prioritization and determining the criticality of projects). Can be used to integrate multiple contractors / multiple project schedules into an overall program schedule. Audiences for this schedule Level include, but are not limited to client, senior executives and general managers. If included with a bid and/or the Contract, demonstrates conformance to contractual and other milestones.
How do you put technique in a sentence?
I like the techniques that you've used on this project.
What is cpm and pert?
Critical Path Method (CPM) - A schedule network analysis technique used to identify the schedule flexibility and the critical path of the project schedule network diagram.
What is Pure project structure?
It is a team that is hired or appointed to do a certain project..they are lead by a project manager. Pure project structure is the plan..the plan comprises of the materials to be used..the schedule of the team...and how long will the project last..
How do you explain the critical path analysis?
Critical path method - This is the schedule network analysis technique used to identify the schedule flexibility and the critical path of the project schedule network diagram. The critical path is the longest path (sequence of activities) in a project schedule network diagram. Because it is the longest path, it determines the duration of the project and hence the finish date of the project given the start date.
What do mean by 'crashing a project' in project management?
crashing - A project schedule compression technique used to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources
What is the significance of Critical Path Analysis in Project development?
Critical path method - This is the schedule network analysis technique used to identify the schedule flexibility and the critical path of the project schedule network diagram. The critical path is the longest path (sequence of activities) in a project schedule network diagram. Because it is the longest path, it determines the duration of the project and hence the finish date of the project given the start date.The second important feature of the critical path method is to identify the flexibility in the project schedule by calculating the early and late start and finish dates of each activity on each path. The schedule flexibility of an activity is measured by the positive difference between the late start date and the early start date for the activity and is called float time or total float.Without a proper Critical Path Analysis, an efficient Schedule for the Project cannot be created
