BUSQOM 1070 Chapter Notes - Chapter 3: Work Breakdown Structure, Gantt Chart, High Visibility
23 Dec 2018
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Section 1 the importance of project management. Operations management: management of projects involves 3 phases, 1. Planning: includes goal setting, defining the project, and team organization: 2. Scheduling: relates people, money, and supplies to specific activities and relates activities to each other: 3. Controlling: the firm monitors resources, costs, quality, and budgets. Revises or changes plans and shifts resources to meet time and cost demands. Work tasks can be defined with a specific goal and deadline: 2. The job is unique or somewhat unfamiliar to the existing organization: 3. The work contains complex interrelated tasks requiring specialized skills: 4. The project is temporary but critical to the organization: 5. Shows the relationship of each activity to others and to the whole project: 2. Identifies the precedence relationships among activities: 3. Encourages the setting of realistic time and cost estimates for each activity: 4. Helps make better use of people, money, and material resources by identifying critical bottlenecks in the project.
