Project Management – Cpm/Pert

Project Management Techniques

What you'll learn

Exploring the fundamentals of the Program Evaluation and Review Technique (PERT) method and the calculations involved.

Exploring network analysis methods and their concepts.

Learn how to build network diagrams and the roles of ‘slack’ and ‘float’ in the process.

Analyze the probability of completing a project within a timeframe and calculate the duration with different time constraints on the relevant events.

Discover how to reduce the duration and the total cost of a project using the ‘Crashing’ method.

Finding the critical path using different methods.

How to ‘crash’ a project to reduce the overall project completion time with multiple critical approaches to the project..

Requirements

You don’t need any perquisites for taking this course

Description

The field of project management is one with significant scope and many applications containing varying degrees of complexity. The more complex a project, the more advanced the methods required to handle it. As a project manager, one must have sound knowledge and a clear understanding of the techniques, methods and evaluation of different durations of activities on a project. This in-depth professional course delves deeply into these advanced methodologies to take your skills to the next level.We begin the course by exploring network analysis methods and their concepts. Learn how to build network diagrams and the roles of ‘slack’ and ‘float’ in the process. We explore the fundamentals of the Program Evaluation and Review Technique (PERT) method and the calculations involved. Analyze the probability of completing a project within a timeframe and calculate the duration with different time constraints on the relevant events. Discover how to reduce the duration and the total cost of a project using the ‘crashing’ method.Delivering results under constraints is a highly desired skill in project management. This course focuses on different methods for finding the critical path and how to ‘crash’ a project to reduce the overall project completion time with multiple critical approaches to the project. Step-by-step demonstrations of each method will give practical guidance throughout the process. With this advanced course in network methods and project crashing, take your project management skills to the next level. Continue your journey to success and enroll today.

Overview

Section 1: Network Methods

Lecture 1 Fundamentals of Network diagrams (Part 1)

Lecture 2 Fundamentals of Network diagrams (Part 2)

Lecture 3 Earliest start and Earliest finish time

Lecture 4 Latest start and Latest finish time

Lecture 5 Slack of an event

Lecture 6 Total float of an activity

Lecture 7 Interfering and free float

Lecture 8 Independent float

Lecture 9 Network Diagram - Example 1

Lecture 10 Network Diagram - Example 2

Lecture 11 Network Diagram - Example 3

Lecture 12 Network Diagram - Example 4

Lecture 13 Network Diagram - Example 5

Section 2: Critical Path and PERT

Lecture 14 Critical Path - Example 1

Lecture 15 Critical Path - Example 2 (Part 1)

Lecture 16 Critical Path - Example 2 (Part 2)

Lecture 17 Critical Path - Example 3 (Part 1)

Lecture 18 Critical Path - Example 3 (Part 2)

Lecture 19 Fundamentals of PERT

Lecture 20 PERT - Example 1

Lecture 21 PERT - Example 2 (Part 1)

Lecture 22 PERT - Example 2 (Part 2)

Lecture 23 PERT - Example 3 (Part 1)

Lecture 24 PERT - Example 3 (Part 2)

Section 3: Crashing of a project

Lecture 25 Crashing of a project – Concepts

Lecture 26 Crashing of a project - Example 1 (Part 1)

Lecture 27 Crashing of a project - Example 1 (Part 2)

Lecture 28 Crashing of a project - Example 2 (Part 1)

Lecture 29 Crashing of a project - Example 2 (Part 2)

Lecture 30 Crashing of a project - Example 3

Lecture 31 Crashing of a project - Example 4 (Part 1)

Lecture 32 Crashing of a project - Example 4 (Part 2)

Lecture 33 Crashing of a project - Example 4 (Part 3)

The course can be useful for students studying operations research, professionals working in IT or Management industry responsible for managing the project.,Professionals working in supply chain management or in finance field.