Project Management



Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time effort, for example, construct a building or implement a new computer system. Project management includes developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion. It also includes implementing the project plan, along with careful controls to stay on the "critical path", that is, to ensure the plan is being managed according to plan. Project management usually follows major phases (with various titles for these phases), including feasibility study, project planning, implementation, evaluation and support/maintenance.

by: http://www.managementhelp.org

This are some charts of our thesis project("DELETE KEY") , I made it using Microsoft Project. and this is part of our Prefinals EXAM.

To know more information:
click it to enlarge

1. Milestone Chart

In general, a milestone is a task that represents a significant date in a project, such as the completion of a project phase, or the date a particular report is due.

For Microsoft Project to be aware that a particular task is a milestone, its Milestone field must be set to Yes. Microsoft Project sets this value to Yes automatically for any tasks you enter with a duration of zero. To create milestones out of nonzero duration tasks, use the method appropriate for your version of Microsoft Project.

Microsoft Project 3.0

1.On the view menu, click a task view, such as Gantt Chart or Task Sheet.
2.Select the task you want to flag as a milestone.
3.On the Edit menu, click Form.
4.Click to select the Milestone check box.
5.Click OK.
This task is now marked as a milestone.

By default, the Gantt Chart is set up to show a single black diamond for a milestone task. When you mark a nonzero duration task as a milestone, the Gantt Chart will only display the milestone marker; it will NOT display a bar between the task start and finish dates.


click it to enlarge


2. WBS (Work Breakdown Structure)



In project management, a work breakdown structure (WBS) is an exhaustive, hierarchical (from general to specific) tree structure of deliverables and tasks that need to be performed to complete a project.

The purpose of a WBS is to identify terminal elements (the actual items to be done in a project). Therefore, WBS serves as the basis for much of project planning.

Work breakdown structure is very common project management tool. Many United States government statements of work require work breakdown structures.

How to build a WBS

uld be activity-oriented or deliverable-oriented is a subject of much discussion. There are also various approaches to building the WBS for a project (see e.g. How to Build a Work Breakdown Structure below). Project management software, when used properly, can be very helpful in developing a WBS, although in early stages of WBS development, plain sticky notes are the best tool (especially in teams)


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curve3.

An S-Curve is a sigmoid function, that is a mathematical process or function that results in a S shaped curve also called a Sigmoid Curve. The S-Curve is used in project management as a means of representing the various expenditures of resources over the projected time of the project or as a means of charting the real-time expenditure of resources. This is important to project management in that it can be used to monitor the project as is progresses and compare it to the projected S-Curve to determine whether or the project is being completed within the time and budget limitations. These resources might be the cumulative cost of the project, the number of man hours required at any given stage in the project, the expenditure of raw materials for construction or assembly, etc.

The term S-Curve can also be used to indicate an S shaped chart resulting from a cumulative likelihood distribution. In this function, an S-Curve is a tool of quantitative risk analysis which project management would use to determine the possible dangers of any given course of action.


PERT/CPM

at first it so hard to capture this graph so i decided to divided it to 3. just click it to enlarge

PERT chais a project management tool used to schedule, organize, and coordinate tasks within a project. PERT stands for Program Evaluation Review Technique, a methodology developed by the U.S. Navy in the 1950s to manage the Polaris submarine missile program. A similar methodology, the Critical Path Method (CPM) was developed for project management in the private sector at about the same time.

A PERT chart presents a graphic illustration of a project as a network diagram consisting of numbered nodes (either circles or rectangles) representing events, or milestones in the project linkclassed by labelled vectors (directional lines) representing tasks in the project. The direction of the arrows on the lines indicates the sequence of tasks.

The PERT chart is sometimes preferred over the Gantt chart, another popular project management charting method, because it clearly illustrates task dependencies. On the other hand, the PERT chart can be much more difficult to interpret, especially on complex projects. Frequently, project managers use both techniques.


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