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Project Scheduling Techniques
Ajax is about to embark on a project involving the design, manufacture and introduction of a new microwave oven. The first three activities and the immediate predecessors are:
Activity PredecessorA Prototype Design noneB Acquisition of Materials AC Prototype Construction B
However, it has not yet been decided whether the prototype materials will be purchased from a vendor (taking two weeks) or produced in another Ajax division (four weeks). What are the implications of this regarding usage of any standard project scheduling technique?
In the restaurant industry, what could be the single most difficult issue in procurement management for a project manager? Why?
Identify the most critical issues faced by managers with regard to the topic.
Before we go into the merits of different approaches we will view the following stages though which every project goes through.
In what situations should the PERT estimation technique be used?
Identify the types of professional environments where you would expect to find project management techniques being used. Choose one environment you are familiar with and describe how a project manager has led effectively.
Determine the early and late start and finish times and the slack times for the activities. Identify the critical path.
When would a project manager not allow changes to a baseline?
Help the computer manufacturer formulate and solve a linear programming spreadsheet model to find the production schedule that minimizes total cost over the given planning horizon.
Develop a list of "Key Success Indicators" that could and should have been measured on completion. Rank them in order of priority for this project.
What type of responsibility center is the environmental management group? What benefits and problems do you see in structuring the environmental management group in the way? Does it lead to goal congruence and motivation? Explain.
List and describe two techniques for risk identification, such as brainstorming, a Work Breakdown Structure (WBS), or a scenario analysis.
Calculate the following ratios needed to assess profitability and interpret the results. This should include the last 3 years of ratios for the company and the last 3 years of ratios for the competitor.
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