How accurately are the task durations known

Assignment Help Management Theories
Reference no: EM131257223

To receive full credit for discussion participation, you should post a message during the first three days of the module. The Week 1 topic requires nothing more than some thought and reflection, while the Week 2 topic requires specific knowledge of the module's contents. For full credit, you should respond to both topics. We suggest you do the Week 1 topic first, but please feel free to respond to either topic, at any time.

Week 1 Topic: "How long will this take?"

Some projects have specific activities that need to be completed consecutively; that is, or one after another. One example of this is baking a cake. You can't put the cake tin into the oven until you've filled it with cake batter. You can't put the batter into the tin until you've greased the tin. The batter isn't ready until you've sifted flour into a bowl, added eggs, added baking powder, etc.

Other projects have activities that can be completed concurrently, or at the same time. One example is detailing a car. One guy can vacuum the interior while another applies Armor-All to the wheels, and yet another waxes the exterior. (Even this project has some consecutive activities. For example, a worker can't apply Armor-All to the interior until somebody's vacuumed the interior, and wiped everything down.)

Most of us are familiar with projects consisting only of consecutive activities. Such a project may be long and involved, but conceptually it's simple-just do one thing after another. Other projects consists only of concurrent activities; all the different parts of the project can be worked on at the same time, and when they're all done, the project is done. Still other projects consist of a mix of consecutive and concurrent activities. For your first posting, try to give an example of such a project.

Looking ahead: PERT-CPM gives us a tool for predicting how long projects consisting of both consecutive and concurrent tasks are going to take, and how much they're going to cost.

Week 2 Topic: When will PERT-CPM work?

PERT-CPM, like the other tools considered thus far, is not a "Swiss Army knife." It won't solve all problems. Its usefulness is limited by the nature of the project, and the state of the manager's knowledge about what the project will involve.

Here are some questions that need to be answered before deciding whether to use PERT-CPM. The list is far from exhaustive.

• To what extent can the project be broken down into discrete tasks? How should that breakdown happen? Example: When building a house, is tiling the floors and the shower stalls one job, or two?

• To what extent are the tasks sequentially dependent? Example: Again, when building a house, the kitchen exhaust fan should be installed before the attic is insulated; but if need be, the insulation can be swept aside and the fan installed later.

• How accurately are the task durations known?

• How accurately are the task costs known?

• Are the start date and the deadline "set in stone," or merely aspirational? ("It would be nice if we could move in before Christmas, but... well, you know, whatever.")

Discussion General Expectations

1. In your first posting, you should show a basic understanding of the issues involved in the module. In your second and subsequent postings, you should demonstrate a clear understanding of the material covered in the module.

2. Critically apply your understanding to the examples provided by others. Do those examples clearly illustrate the concepts being discussed? Why or why not?

3. Provide relevant sources for any information that isn't common knowledge.

Reference no: EM131257223

Questions Cloud

Determine the upper and lower control limits : Determine the upper and lower control limits of the x -chart, where σ = 3. -  Determine the upper and lower control limits of the R -chart, where σ = 3.
Develop robust systems diagram : Develop robust systems diagrams that capture the system behaviors and outcomes for your client's organization. Include a 5-Why effect-cause-effect analysis, and a causal loop diagram (CLD) that identifies appropriate system constraints and delays..
Foreigncurrency controls in effect : Suppose that Japan (country a) and China (country b) do not have foreigncurrency controls in effect. The total demand for money is always 2,000 goods in Japanand 1,000 goods in China.
Record the conversion of the preferred stock : Pechstein Corporation issued 2,780 shares of $8 par value common stock upon conversion of 1,200 shares of $50 par value preferred stock. The preferred stock was originally issued at $58 per share. The common stock is trading at $27 per share at the t..
How accurately are the task durations known : To what extent are the tasks sequentially dependent? Example: Again, when building a house, the kitchen exhaust fan should be installed before the attic is insulated; but if need be, the insulation can be swept aside and the fan installed later. ..
What are limits with three standard deviations from target : What are the lower and upper control limits for this chart if these limits are chosen to be four standard deviations from the target?
Equation for a simple linear equation : What is the intercept of the line? Is this equation a straight or curvilinear line, and why? Straight? Is this the equation for a simple linear equation or a multiple linear equation?
Ompare profit-maximizing strategies base on market structure : analyze the Learning Objective of, "Compare profit-maximizing strategies based on market structure". In your analysis please address two of the four market structures.
What are upper and lower control limits for mean and range : The average range is 6 cc. - If you use a sample size of 10, what are the upper and lower control limits for the mean and range?

Reviews

Write a Review

Management Theories Questions & Answers

  The northern california power agency

Apower consortium that distributes a mix of "green" and conventional electricity is implementing an XML-based settlements system that drives costs out of power distribution.

  The real world application of the chosen technology

The real world application of the chosen technology

  Essence of each movie is provided in the text of speecher

Two movies - Wall Street (1987) and Other People's Money (1991) - have given us a glimpse of how things are changing in the corporate world as it relates to corporate social responsibility. Each of these movies is well worth watching. However, the es..

  Various phases of the life cycle of a product

Please explain various phases of the life cycle of a product

  Capabilities of midrange systems

Some commentators have suggested that mainframe computer systems could be squeezed out of existence in the next few years, with the incredible advances in the capabilities of midrange systems and the power of supercomputers combining to divide up ..

  Attract more customers and ultimately expand

Imagine that you recently became the owner of a popular ice cream shop. You want to attract more customers and ultimately expand the business. Choose the type of production process - continuous or intermittent - you think would best fit your busin..

  Draft a brief packaging plan for the new hydrox

Can you modify the original formula to make something new and more competitive? Will a brand extension work here? Why or why not?

  Gives you an opportunity for introspective analysis

In 2015, the PPACA will achieve its 5-year milestone. Since the inception of PPACA, many changes have occurred in the way health care is delivered and purchased by consumers. This week gives you an opportunity for introspective analysis.

  Wal-mart-but we do give them a10 percent employee discount

Wal-Mart-But We Do Give Them a10 Percent Employee Discount and Tyco: I'm Sure That It's a Really Nice Shower Curtain.

  Discoss the skills required by the management

Discoss the skills required by the management at different levels of the hierachy to perform their roles. Use a business/service organisation to elaborate your answer.

  Organizational behavior comparable to functional areas

In what ways is organizational behavior comparable to functional area such as finance , marketing and production ?

  An equation for the reaction of glucose and nitric acid

An equation for the reaction of glucose and nitric acid

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd