Identify the five main elements of a PERT diagram and what purpose they serve.
Illustrate how the Critical Path is developed.
Discuss the impact of failing to plan a project.
The following need to be considered when planning a project
Purpose and aim of the project
Resources available both human and material
Costing, human and time constraints
The tasks, procedures or activities required to complete the project
Project management techniques are used by organisations because they ensure that organisational objectives and system objectives are being met in a timely, accurate, relevant and complete manner. They provide a way of controlling people, resources and procedures, and clearly identify the tasks that must be completed and the desired completion time.
Project Management History
Project Management is not a new concept. Even in the time of the Ancient Egyptians a form of project management was needed to coordinate the construction of the great pyramids. Modern project management tools were, however, not developed until the early 1900s with the creation of the GANTT chart method. Further refinement in project management tools came about in the 1950s with the development of the Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT). These three tools form the basis for documenting and managing the progress of projects. All of these tools produce graphical representations of projects, and all current project management software includes these components.
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