PROJECT TIME MANAGEMENT

T Tanveer Ahmed,PMP Ah d PMP

Project Time Management

Project Time Management includes the processes required to accomplish timely completion of the project.

Project Time Management Processes

Activity Definition identifying the specific schedule activities that need to be performed to produce the various project deliverables. Activity Sequencing identifying and documenting dependencies among schedule activities. Activity Resource Estimating estimating the type and quantities of resources required to perform each schedule activity. Activity Duration Estimating estimating the number of work periods that will be needed to complete individual schedule activities. p analyzing y g activity y sequences, q , durations, , Schedule Development resource requirements, and schedule constraints to create the project schedule. Schedule Control controlling changes to the project schedule schedule.

Define Activities

Activity Definition: Inputs Inputs, Tools & Techniques Techniques, and Outputs

Define Activities

Sequence Activities

Sequence Activities

Precedence Diagram g Method ( (PDM) )

Sequence Activities

Precedence Diagram Method (PDM)

Dependencies Determination

Estimate Activity Resources

Estimate Activity Durations

Estimate Activity Durations ..

Estimate Activity Durations ..

Three-Point Estimates
Most likely. y The duration of the schedule activity, y, given g the resources likely to be assigned, their productivity, realistic expectations of availability for the schedule activity, dependencies on other participants, and i t interruptions. ti Optimistic. The activity duration is based on a best-case scenario i of f what h i is d described ib d i in the h most lik likely l estimate. i Pessimistic. The activity y duration is based on a worstcase scenario of what is described in the most likely estimate.

Estimate Activity Durations ..

Estimate Activity Durations ..

Develop Schedule

Develop Schedule ..

Develop Schedule ..

Develop Schedule ..

Float oat (S (Slack) ac )

Float = LS ES OR Float = LF - EF

Develop Schedule ..

Example : Finding CP and Calculating Float Develop Schedule ..

Develop Schedule ..

Example : Finding CP and Calculating Float

Schedule Compression
Fast tracking. A schedule compression technique in which phases or activities that normally would be done in sequence are performed f di in parallel. ll l A An example l would ld be to construct the foundation for a building before all the architectural drawings are complete. Fast tracking can result in rework and increased risk risk. This approach can require work to be performed without completed detailed information, such as engineering drawings. It results in trading g cost for time, , and increases the risk of achieving g the shortened project schedule. Crashing. Schedule compression technique in which cost and schedule tradeoffs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing does not always produce d a viable i bl alternative lt ti and d can result lt i in i increased d cost.

Schedule Compression ..

Develop Schedule ..

Develop Schedule ..

Critical Chain Method

Critical chain is a schedule network analysis technique that modifies the project schedule to account for limited resources. Initially, the project schedule network diagram is built using duration estimates with required dependencies and defined constraints as inputs. The critical path is then calculated calculated. After the critical path is identified identified, resource availability is entered and the resource-limited schedule result is determined. The resulting schedule often has an altered critical path.

Develop Schedule .. Develop Schedule : Outputs

Control Schedule
Schedule control is concerned with: Determining the current status of the project schedule, Influencing the factors that create schedule changes, Determining that the project schedule has changed, and Managing the actual changes as they occur.

Control Schedule is a component of the Perform Integrated Change Control process

Control Schedule

Variance Analysis (Technique) Schedule performance measurements (SV, SPI) are used dt to assess the th magnitude it d of f variation i ti t to the original schedule baseline. Work Performance Measurement (Output) The calculated SV and SPI values for WBS components, t in i particular ti l th the work k packages k and d control accounts, are documented and communicated to stakeholders stakeholders.

Control Schedule