Project Management:: Network Analysis (CPM & Pert)
Project Management:: Network Analysis (CPM & Pert)
Project Management:: Network Analysis (CPM & Pert)
NETWORK ANALYSIS
(CPM & PERT)
What is a project?
A project is an interrelated set of activities that has
definite starting and ending points and that result in a
unique product or service
Cuts across organizational lines – they need varied skills of
different profession
Uncertainties like new technology & external environment
can change the character of the project
Personnel, materials, facilities etc. are temporarily
assembled to accomplish a goal within a specified time
frame and then disbanded
Upon finish, a project releases lot of resources which were
engaged in execution of the project
Example of project
Planning a wedding
Designing and implementing a computer system
Hosting a holiday party
Designing and producing a brochure
Executing an environmental clean-up of a contaminated site
Holding a high school reunion
Performing a series of surgeries on an accident victim
Definition of project:
B
A
Burst Event
C
10. Parallel activities between two events, without
intervening events, are prohibited. When two or
more parallel activities in a project have the same
head and tail events, dummy activities are needed in
constructing the network.