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PMP Exam Preparation Course: 05 Project Time Management

SAVP & Head of IT Project Management
3 de May de 2013
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PMP Exam Preparation Course: 05 Project Time Management

  1. www.wizardea.com | contact@wizardea.com B. M. Shahrier Majumder, PMP PMP® Exam Preparation
  2. Project Time Management
  3. www.wizardea.com | contact@wizardea.com Learning Objectives Upon completion of this topic you will learn about – The processes, activities and documentation items for Project Time Management – Elements (and deliverables) for Project Time Management – Tools and techniques of the key activities of the Project Time Management 3
  4. www.wizardea.com | contact@wizardea.com Time Management Project Time Management includes the processes required to accomplish timely completion of the project. 4
  5. www.wizardea.com | contact@wizardea.com Key Activities of Time Management • Define Activities: The process of identifying the specific actions to be performed to produce the project deliverables. • Sequence Activities: The process of identifying and documenting relationships among the project activities. • Estimate Activity Resource: The process of estimating the type and qualities of material, people, equipment, or supplies required to perform each activities. 5
  6. www.wizardea.com | contact@wizardea.com Key Activities of Time Management • Estimate Activity Duration: The process of approximating the number of work periods needed to complete individual activities with specific resources. • Develop Schedule: The process of analyzing activity sequences, durations, resource requirements, and schedule constrains to create the project schedule. • Control Schedule: The process of monitoring the status of the project to update project progress and managing changes to the schedule baseline. 6
  7. www.wizardea.com | contact@wizardea.com Define Activities | Data Flow Diagram 7 7 Diagram Source | PMBOK 4th Edition
  8. www.wizardea.com | contact@wizardea.com Define Activities Inputs Tools & Techniques Outputs Scope baseline Enterprise environmental factors Organizational process assets Decomposition Rolling wave planning Templates Expert judgment Activity list Activity attributes Milestone list 8 8
  9. www.wizardea.com | contact@wizardea.com Define Activities > Tools and Techniques  Rolling Wave Planning  Rolling wave planning is a form of progressive elaboration planning where the work to be accomplished in the near term is planned in detail at a low level of WBS, while work far in the future is planned for the WBS components that are at relatively high level of the WBS.  Templates  A standard activity list or a portion of activity list from a previous project is often usable as a template for new project. 9
  10. www.wizardea.com | contact@wizardea.com Define Activities > Outputs  Activity List  Activity list is a comprehensive list including all schedule activities required on the project.  Activity Attributes  Activity attributes extend the description of the activity by identifying the multiple components associated with each activity.  The component of each activity evolve over time.  During the initial stages of the project they include the Activity ID, WBS ID, and activity name, and when completed may include activity codes, activity description, predecessor activities, successor activities, logical relationships, leads and lags, resource requirements, imposed dates, constrain and assumptions.  Milestone List  A milestone is a significant point or event in the project. 10
  11. www.wizardea.com | contact@wizardea.com Sequence Activities | Data Flow Diagram 11 11 Diagram Source | PMBOK 4th Edition
  12. www.wizardea.com | contact@wizardea.com Sequence Activities Inputs Tools & Techniques Outputs Activity list Activity attributes Milestone list Project scope statement Organization process assets Precedence diagramming method (PDM) Dependency determination Appling leads and lags Schedule network template Project schedule network diagram Project document (updates) 12 12
  13. www.wizardea.com | contact@wizardea.com Sequence Activities > Tools and Techniques Activity A Activity B Finish to Start (FS) Relationship Activity A Activity B Start to Start (SS) Relationship Activity A Activity B Finish to Finish (FF) Relationship Activity A Activity B Start to Finish (SF) Relationship • Precedence diagramming method (PDM) • PDM is a method used in Critical Path Methodology (CPM) for constructing a project schedule network diagram that uses boxes or rectangular, referred to as nodes, to represent activities and connect them with arrows that show the logical relationships that exists between them. 13
  14. www.wizardea.com | contact@wizardea.com Sequence Activities > Tools and Techniques  Dependency Determination  Mandatory dependency  Discretionary dependency  External dependency  Appling Leads and Lags  A lead allows an acceleration of a successor activity  A lag directs a delay in the successor activity 14 Activity A Activity B L=3 FS Relationship: The Start of B must lag (L) the Finish of A by 3 days Activity A Activity B L=4 SS Relationship: The Start of B must lag (L) the Start of A by 4 days Activity A Activity B L=5 FF Relationship: The Finish of B must lag (L) the Finish of A by 5 days Activity A Activity B L=6 SF Relationship: The Finish of B must lag (L) the Start of A by 6 days
  15. www.wizardea.com | contact@wizardea.com Sequence Activities > Outputs  Network Diagram Any schematic display of the logical relationships of Project Activities. Always drawn from left to right to reflect project chronology. Often incorrectly referred to as a “PERT Chart”.  Network Diagram Rules of Thumbs There is a starting point There is an ending point There are predecessors for all activities There are successors for all activities (no hangers!) There are no loops 15
  16. www.wizardea.com | contact@wizardea.com Estimate Activity Resources | Data Flow Diagram 16 16 Diagram Source | PMBOK 4th Edition
  17. www.wizardea.com | contact@wizardea.com Estimate Activity Resource Inputs Tools & Techniques Outputs Activity lists Activity attributes Resource calendars Enterprise environmental factors Organizational process assets Expert judgment Alternative analysis Published estimation data Bottom-up estimating Project management software Activity resource requirements Resource breakdown structure Project document updates 17
  18. www.wizardea.com | contact@wizardea.com Estimate Activity Resource > Inputs • Resource Calendars • A calendar that documents the working and nonworking days that determine the dates that a resource is available or not. 18
  19. www.wizardea.com | contact@wizardea.com Estimate Activity Resource > Outputs • Activity Resource Requirement • An identification and description of the types of quantities of resources required for each schedule activity in a work package • Resource Breakdown Structure • A hierarchical structure of identified resources by resource category and type 19
  20. www.wizardea.com | contact@wizardea.com Estimate Activity Duration | Data Flow Diagram 20 Diagram Source | PMBOK 4th Edition
  21. www.wizardea.com | contact@wizardea.com Estimate Activity Durations Inputs Tools & Techniques Outputs Activity lists Activity attributes Activity resource requirement Resource calendar Project scope statement Enterprise environmental factors Organizational process assets Expert judgment Analogous estimation Parametric estimating Three point estimates Reserve analysis Activity duration estimates Project document updates 21 21
  22. www.wizardea.com | contact@wizardea.com Estimate Activity Durations • Activity Effort and Duration Total Time = Duration Not working Time on Tasks Actual Working on Tasks = Effort 22 22
  23. www.wizardea.com | contact@wizardea.com Estimate Activity Durations > Tools and Techniques  Analogous Estimating  Top down estimating, uses actual duration of activities from previous projects  Parametric Estimating  Top down estimating, activity duration can be uses a mathematical model to determine estimates  Estimating the basis for activity duration can be quantitatively determine by multiply the quantity of work to be performed by the productivity rate. e.g. Function Point Estimation, Use Case Estimation.  Three Point Estimating  Estimating an average of the most likely, optimistic, pessimistic estimated duration. 23
  24. www.wizardea.com | contact@wizardea.com Estimate Activity Durations > Tools and Techniques  Multi Point Estimating (PERT) Program Evaluation and Review Technique (PERT) Calculation:  Mean = (P + 4M + O)/6  Standard Deviation = (P-O)/6  Variance = ((P-O)/6)2 Here, P = Pessimistic Estimation, O = Optimistic Estimation and M = Most likely Estimation  Reserve Analysis Called time reserve, contingency, or buffer Purpose – To add time to individual activities or the overall project duration for schedule risks Accumulated for the project and included in the project contingency fund or management reserve Note: Authors discourage adding time to individual activities since this is a form of padding 24
  25. www.wizardea.com | contact@wizardea.com • Complete the table using the formulas of PERT 25 Activity O M P Expected Duration Activity Standard deviation Range of the Estimates A 14 27 47 B 41 60 89 C 39 44 48 D 29 37 42
  26. www.wizardea.com | contact@wizardea.com • What do you need before you try to develop a schedule for your project? 26
  27. www.wizardea.com | contact@wizardea.com Develop Schedule | Data Flow Diagram 27 Diagram Source | PMBOK 4th Edition
  28. www.wizardea.com | contact@wizardea.com Develop Schedule Inputs Tools & Techniques Outputs Activity lists Activity attributes Project schedule network diagrams Activity resource requirement Resource calendar Activity duration estimates Project scope statement Enterprise environmental factors Organizational process assets Schedule network analysis Critical path method Critical chain method Resource leveling What-if scenario analysis Adjusting leads and lags Schedule compression Schedule model Project schedule Schedule baseline Schedule data Project document updates 28 28
  29. www.wizardea.com | contact@wizardea.com Develop Schedule > Tools and Techniques • Critical Path Method (CPM) • Critical Path Method (CPM), is a procedure for using network analysis to identify those tasks which are on the critical path: ie where any delay in the completion of these tasks will lengthen the project timescale, unless action is taken. • For all tasks off the critical path, a degree of tolerance is possible (eg. late start, late completion, early start, etc.). • Network charts and CPM analysis used to be carried out by hand. • Software is now available which requires the user only to enter the tasks, duration of each task and dependencies upon other tasks; a network chart and CPM is then automatically created. 29
  30. www.wizardea.com | contact@wizardea.com Develop Schedule > Tools and Techniques • Why Critical Path Method (CPM) • The CPM formally identifies tasks which must be completed on time for the whole project to be completed on time • Identifies which tasks can be delayed for a while if resource needs to be reallocated to catch up on missed tasks • It helps you to identify the minimum length of time needed to complete a project • The CPM determines both the early start and the late start date for each activity in the schedule. 30
  31. www.wizardea.com | contact@wizardea.com Develop Schedule > Tools and Techniques • How to Use CPM SAMPLE Task ID Duration Dependency A 7 B 3 C 6 A D 3 B E 3 D, F F 2 B G 3 C H 2 E, G 31 31
  32. www.wizardea.com | contact@wizardea.com Develop Schedule > Tools and Techniques • Calculating the Forward Pass 32 32
  33. www.wizardea.com | contact@wizardea.com Schedule Development >> Tools and Techniques • Calculating the Backward Pass 33 33
  34. www.wizardea.com | contact@wizardea.com Develop Schedule >> Tools and Techniques • Calculating the Critical Path 34 34
  35. www.wizardea.com | contact@wizardea.com Develop Schedule > Tools and Techniques • Critical Chain Method (CCM) • Critical Chain Method (CCM), is a schedule network analysis techniques that modifies the project schedule to account for limited resources. • Initially, the project schedule network diagram is built using duration estimates with required dependencies and defined constrains as input. The critical path is then calculated. After the critical path is designed, resource availability is entered and the resource-limited schedule result is determined. The resulting schedule often has an altered critical path. 35
  36. www.wizardea.com | contact@wizardea.com Control Schedule | Data Flow Diagram 36 Diagram Source | PMBOK 4th Edition
  37. www.wizardea.com | contact@wizardea.com Control Schedule Inputs Tools & Techniques Outputs Schedule management plan Project Schedule Work performance information Organization process assets Performance reviews Variance analysis Project management software Resource leveling What-if scenario analysis Adjusting leads and lags Progress reporting Schedule compression Scheduling tool Work performance measurements Organizational process assets updates Change requests Project management plan updates Project document updates 37 37
  38. www.wizardea.com | contact@wizardea.com Control Schedule > Tools and Techniques • Progress reporting • Actual Start and Finish Dates • Remaining duration for unfinished tasks • Percent completion (from Earned Value Analysis) • Schedule Change Control System • Part of Integrated Change Control • Performance Measurements • Schedule Variance (SV), Schedule Performance Index (SPI) (from Earned Value Analysis) • Schedule Comparison Bar Charts • Tracking Gantt 38 GetFREETemplatesatwww.wizardea.com
  39. www.wizardea.com | contact@wizardea.com Questions 39 • [mail.shahrier@gmail.com] • http://bd.linkedin.com/in/shahrier
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