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Role of PERT, CPM and Gannt in Project Management
Show the role of PERT, CPM and Gantt based on the following action items:
1. Identify the purpose of each tool and circumstances for using each. Also consider whether these tools are individual methods that can be used independently or if they should ideally be used as a set.
2. Contrast and compare activity-on-node and activity-on-arrow (or activity-on-arc) diagramming techniques. What are the differences and similarities?
3. Propose and describe in text form a sample project that you would theoretically develop into a PERT diagram and Gantt chart. For example, "Building a car would consist of the following steps..."(briefly outline the steps as task statements). Postulate the critical path of your sample hypothetical project: what would be the critical path sequence?
locating the position of hubthe following table gives the map coordinates and the shipping loads for a set for a set of
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Determine the critical path and project duration.
the maker of the world famous chocolate chip cookies needs to design a product layout for a new product, mint chocolate chip. the company plans to use this new production line eight hours a day in order to meet projected demand
Stakeholders: Identify the stakeholders, their roles, and the influence level that they will have on the outcome of the project. Identify the project sponsor.
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solution to free cash flowanalysts expect a project to generate ebit of 500000 per year for 5 years. depreciation
What is the purpose of Pareto improvement? A public project produces the following individual benefits for stakeholders state in terms of present values when an appropriate social discount of 15% is used.
Before you plunge in to this project, take some time to reflect on most recent project on which you worked. What was your role? How many people were on it? What was produced? How long did it last
it risk mitigationwith the new opportunities that it can create there are risks and threats that must be addressed.1.
Show the role of PERT, CPM and Gantt in Project Management - Identify the purpose of each tool and circumstances for using each.
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