COMMERCE 4KF3 Lecture Notes - W. M. Keck Observatory, Project Management Software, Peer Pressure
Document Summary
There are two generic scheduling problems: time constrained project, resource constrained project. Prioritize and allocate resources to minimize delays and maximize resource utilization. Resource leveling aims to minimize the period by-period variations in resource loading by shifting tasks within their slack allowances. The purpose is to create a smoother distribution of resource usage. May be able to use a just in time inventory policy. When resources are leveled, the associated costs also tend to be leveled. The project manager must be aware of the cash flows associated with the project and of the. Means of shifting them in ways that are useful to the parent firm. Resource leveling is a procedure that can be used for almost all projects, whether or not resources are constrained. Your network will let you determine: the critical path, activity durations, activity slack. Note that the hours per day is less than eight.