Network Planning in Project Management
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==About== | ==About== | ||
| − | Network planning is a tool used in project, program and portefolio management in the planning process. The tool is great to give an overview and coordinate the activities in the given project in order to help project managers. Today it is set up as a software package in order to deal with the data and the progress. The two tools that will be described and elaborated in this article is CPM and PERT, which were originally independently developed, but today widely used as two tools merged into one <ref name="OR"/>. The tools work great together combining the techniques from both. This is also the case for most softwares, that it uses both tools in one with the purpose of scheduling and monitoring the project planning. In general network planning can study many different kind of problems such as project scheduling, risk analysis, cost minimization or Net Present Value maximization <ref name="NW"/> depends on the information that is needed from the project manager. Any delays within a project results in increased costs, which is highly avoidable. | + | Network planning is a tool used in project, program and portefolio management in the planning process. The tool is great to give an overview and coordinate the activities in the given project in order to help project managers. Today it is set up as a software package in order to deal with the data and the progress. The two tools that will be described and elaborated in this article is CPM and PERT, which were originally independently developed, but today widely used as two tools merged into one <ref name="OR"/>. The tools work great together combining the techniques from both. This is also the case for most softwares, that it uses both tools in one with the purpose of scheduling and monitoring the project planning. In general network planning can study many different kind of problems such as project scheduling, risk analysis, cost minimization or Net Present Value maximization <ref name="NW"/> depends on the information that is needed from the project manager. Any delays within a project results in increased costs, which is highly avoidable<ref name="article">. |
==Network Theory== | ==Network Theory== | ||
Revision as of 12:53, 9 April 2023
Abstract
Planning is a big part of project management, and the success of it is highly dependent on this process. The method Network planning will be used to reduce possible complexity of a project and smoothen the execution of the project planning. A project of a large scale that require coordination of multiple activities is a challenging task for a project manager. Succeeding a project is about simple forms of working and organising [1] regardless the size of the project. The method will therefore be used as an integration approach where the different activities are separated to get an overview of the process. Understanding the dependencies of the project and setting up millstones is also ideal to motivate the employees involved in the project.
Project networking is investigating a project as sets of interconnected activities with the purpose of assisting in planning, managing, and controlling projects [2]. This article will mainly focus on the most well know network planning techniques: the Critical path method (CPM) and the Program evaluation and review technique (PERT). CPM and PERT was developed in the 1950’s and has since then been used widely in operation research [3]. The goal of the tool is to manage a project, meeting its deadlines with a minimum total cost. The tools will help organising the project, getting an overview of the activities and estimate the total length of the project. There can be multiple paths to the end of the project, but those tools can help the manager find the most effective one. Initially the methods will need three types of information to describe the project: activity, precedence, and time [3]. This will be elaborated in the article followed by a description of the tool, an example of how to use the tool, other alternative planning tools and the limitations of the tool.
This article will elaborate the theory behind network/graphs and the focus on the comparison of different planning tools that are not focused on network planning specifically. The article is based on a project managers point of view and what that person may consider and wonder about when planning a project.
About
Network planning is a tool used in project, program and portefolio management in the planning process. The tool is great to give an overview and coordinate the activities in the given project in order to help project managers. Today it is set up as a software package in order to deal with the data and the progress. The two tools that will be described and elaborated in this article is CPM and PERT, which were originally independently developed, but today widely used as two tools merged into one [3]. The tools work great together combining the techniques from both. This is also the case for most softwares, that it uses both tools in one with the purpose of scheduling and monitoring the project planning. In general network planning can study many different kind of problems such as project scheduling, risk analysis, cost minimization or Net Present Value maximization [2] depends on the information that is needed from the project manager. Any delays within a project results in increased costs, which is highly avoidableCite error: Closing </ref> missing for <ref> tag
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