Wednesday, January 30, 2013

W14_Austin_Performing Critical Path Analysis for Weekly Blog Posting

1.    Problem recognition, definition and evaluation
As the tasks within Weekly Blog Posting have links between them, they cannot all happen at the same time. Hence, critical path analysis (CPA) can be used to determine what can happen and when. The problem statement is to determine how quickly and how slowly the tasks can be performed, taking into account the sequence of tasks and the interrelationships between them.
Tasks: total duration = 2 hours – 2 hrs 10 min (130 min)
1.    Design case study (Blog Title) = 20 minutes
2.    Develop citations for case study = 30 minutes
3.    Create alternatives table = 20 minutes
4.    Arrange in a 7-steps procedure = 30 minutes
5.    Test outcome for compliance = 20 minutes
6.    Create references and index = 20 minutes
7.    Post & publish blog = 30 minutes

2.    Development of the feasible alternatives
The following feasible alternatives values need to be calculated, from network of tasks, the task's name and duration:
ES = Early Start
EF = Early Finish
LS = Late Start
LF = Late Finish
TF = Total Float

3.    Development of the outcomes and cash flows for each Alternative
Critical path analysis (CPA) is a mathematical procedure that calculates a project's schedule. Taking each task in turn, it firstly calculates how quickly the task can be accomplished – its early start and early finish dates. Once all these dates have been calculated, the project finish date can also be determined. With this finish date known, CPA can then calculate how slowly each task can be accomplished (late start and late finish dates). Once all this information is known for each task, CPA will also calculate the slack (or float) that the task possesses, as shown below.
4. Selection of the acceptable criteria
5. Analysis and Comparison of the alternatives
Early and Late start and finish dates and Floats are useful planning tools we can use to figure out how well our project (Weekly Blog Posting) is going, and to predict where our trouble spots might be.

6.    Selection of the preferred alternative
With small project as weekly blog posting, CPA easily identifies which activities are critical and which can slip by a little bit. However, with bigger projects it is economical and time saving to use Project Management software which can easily pinpoint and pay more attention to all of the activities on the critical path – those are the ones that could potentially delay the project – schedule and budget overrun.

7.    Performance Monitoring and Post Evaluation of Results
During performance monitoring and post evaluation of results, it is observed that if  our cost and schedule, activities and resources are allocated in the wrong order and sequence, there could be serious problems. Hence CPA is the only way we can figure out such mistakes and could be mitigated by paying more attention to the activity sequencing tools and techniques. 

8.    References/Bibliography
1.    Humphreys, G. C. (2011). Project Management Using Earned Value (2nd ed. Chap 8 P.163-P.187-Critical Path Method Fundamntals). Humphreys & Associates, Inc. Retrieved from: http://www.humphreys-assoc.com/evms/project-management

examples.oreilly.com/.../hfpmp_ch06_errata_pp257-265.pdfSimilarShare File Format: PDF/Adobe Acrobat - Quick View to move the start dates for those ... near the end of the path will only start early if all of the previous ... and finish early, then it can finish very late without causing ... http://examples.oreilly.com/9780596102340/hfpmp_ch06_errata_pp257-265.pdf
www.projectlearning.net/pdf/X2_1.pdfSimilarShare File Format: PDF/Adobe Acrobat - Quick View e accomplished - its early start and early finish dates. ve been calculated, the project ... be accomplished (late start and late finish dates). Once all this known for ... http://www.projectlearning.net/pdf/X2_1.pdf

2 comments:

  1. AWESOME as usual, Austin!!!!

    Given you have all the data, for your W15 blog posting, why not run a learning curve analysis?

    See how long it is taking you now that you have 14 blogs posted?

    Very curios to see what your learning curve was. And more importantly, as you are almost guaranteed to see a learning curve problem on your CCC/E, CEP and DRMP exams, doing this blog posting topic should help you prepare for the exams.

    Keep up the good work!!!

    BR,
    Dr. PDG, Jakarta

    ReplyDelete
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