OPER 2P91 Chapter Notes - Chapter 3: Production Planning, Information System, Project E
Document Summary
Importance poor scheduling and controls lead to delays and cost overruns. 3 popular techniques to allow managers to perform these 3 functions: gantt chart, pert, cpm. Projects can be define as a series of related tasks directed toward a. Project organization organization formed to ensure existing programs run smoothly while new projects are successfully completed. Hierarchical description of a project into more and more detailed components: project, tasks in project, subtasks in major tasks, activities to be completed. Sequencing and allotting times to all project activities. Managers decide how long each activity will take and computer the resources needed. Gantt chart planning charts used to schedule resources and allocate time. Project scheduling techniques: ensure all activities are planned for, order of performance is accounted for, activity times estimates are recorded, overall project time is developed. Project evaluation and review technique (pert)- us navy. Project management technique that employs 3 time estimates for each activity.