Project Management

PROJECT MANAGEMENT

By Name

Course

Instructor

Institution

Location

Date

Question 2

Project management and its importance to an organization

Project management is the art of coordinating and directing material and human resources throughout the project life cycle. This is done through the use of project management techniques to ensure that the pre-determined objectives in regards to quality, time, cost, scope are realized to the satisfaction and the expectation of the stakeholders.

Table 1

Activity | Description | Duration (wks) | Precedence |

A | Requirement Gathering | 27 | - |

B | Business Analysis | 24 | - |

C | Systems Analysis | 21 | - |

D | Coding | 21 | A |

E | Unit Test | 22 | B |

F | Module Testing | 27 | C |

G | Systems Testing | 22 | F |

H | User Acceptance Testing | 22 | G,E |

J | Implementation | 22 | H |

K | Handover | 23 | D, J |

| | | |

The network diagram is as shown next

b. Each activity’s EST,, LST, FLOAT, and LFT.

Activity | EST | LFT | LST | FLOAT |

A | 0 | 27 | 72 | 72 |

B | 0 | 21 | 26 | 26 |

C | 0 | 21 | 0 | 0 |

D | 27 | 48 | 93 | 66 |

E | 24 | 46 | 48 | 24 |

F | 21 | 48 | 21 | 0 |

G | 48 | 70 | 48 | 0 |

H | 70 | 92 | 70 | 0 |

J | 92 | 114 | 92 | 0 |

K | 114 | 137 | 114 | 0 |

Finish | 137 | 137 | | |

a) Construct a network diagram identifying the following:

i. Earliest Start Time(EST)

As shown on the table above.

ii. Latest Finish Time (LFT)

Refer to the table above

iii. Total Float on each activities D, F & J

Float time=LST-EST

The floats for the following are well shown on the table above;

D=66

F=0

J=0

iv. Critical Path for the project

The vertices that have the equal latest starting time and earliest starting times are defined as the critical path. This is clearly shown as

C, F, G, H, J, K

(40 marks)

b)

The critical path in any project management endeavour can be defined as a sequence of tasks/activities together with the length in time that can be taken to in...