CPM/PERT in Project Management
A complete guide on Project Management Techniques like Critical path, Crashing, Program Evaluation and Review Technique.
Project Management,Business,PMP
Lectures -33
Duration -7 hours
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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.
Goals
What will you learn in this course:
The course can be useful for students studying operations research, professionals working in IT or Management industry responsible for managing the project, Also, professionals working in supply chain management or in finance field.
This is the list of concepts which your students are going to learn from your course:
- Exploring the fundamentals of the Program Evaluation and Review Technique (PERT) method and the calculations involved.
- Exploring network analysis methods and their concepts.
- 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..
Prerequisites
What are the prerequisites for this course?
You don’t need any perquisites for taking this course
Curriculum
Check out the detailed breakdown of what’s inside the course
Network Methods
13 Lectures
- Fundamentals of Network diagrams (Part 1) 16:41 16:41
- Fundamentals Of Network Diagrams (Part 2) 10:49 10:49
- Earliest start and Earliest finish time 16:22 16:22
- Latest start and Latest finish time 00:14 00:14
- Slack of an event 15:45 15:45
- Total Float of an activity 14:23 14:23
- Interfering and free float 22:59 22:59
- Independent float 11:36 11:36
- Network Diagram - Example 1 18:07 18:07
- Network Diagram - Example 2 05:02 05:02
- Network Diagram - Example 3 12:13 12:13
- Network Diagram - Example 4 15:19 15:19
- Network Diagram - Example 5 22:41 22:41
Critical Path and PERT
11 Lectures
Crashing of a project
9 Lectures
Instructor Details
Maxusknowledge
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