PROJECT mANAGEMENT( CASE STUDY) Essay Example | Topics and Well Written Essays - 1500 words

PROJECT mANAGEMENT( CASE STUDY) - hear Example enactment in the top of the set is the succession this operation individual requires or the score time allocated to complete this activeness. Compartment with 0 carries the point in time particular activity can be started. Therefore Activity A can be started at 0 point in time means that as soon as the project started and it is the Earliest Start metre (Anantatmula, 2010). Whereas Compartment with 7 refers integrality time consumed after completing this particular activity which means it shows the Earliest Finish Time (Brotherton, Fried, and Norman, 2008). cornerstone right compartment is the time of modish finish activity. For instance, activity can be finished at the latest by 10 calendar calendar weeks and any further delay than 10 weeks would blow total duration of the project. Number below the complete box refers the amount of time (weeks in under study case) this particular activity can be delayed without affecting the total project time called ice-cream soda (Brotherton, Fried, and Norman, 2008). For instance, activity A can be delayed to maximum of 3 weeks without affecting the total project time. This delay would withal allow this activity to be included in the critical path and as the gap addressable for delay would undefiledly be consumed by the initially activity. So an activity can be correspond as follows Duration of the project Earliest Start Time A Earliest Finish Time Latest Start Time Latest finish Time float Path identified with red-faced arrow is the critical path. detailed path refers to path or the flow of activities that are critically subject on each other and delay in these activities would immediately result in delay of the project. Critical path of this project includes following activities B-E-H-J-K-L. It is identified with activities that have zero (0) float referring to no time dampen to delay this particular activity. It is the longest path and any delay in these activities lead delay the entire project. The float of the activity D and F are 3 weeks and 1 week respectively. This means that activity D and activity F can be delayed by 3 weeks and 1 week respectively and this delay would have no impact on the duration of the project and project will be still completed on time. However, any delays in these activities with more than the stated time would impact completion of project on time (Alojairi, and Safayeni, 2009). Activity F has a float of 1 week and delay in this would affect the overall time required to complete the project. Manager in club to reduce time for delay in the critical path can take the benefit of float of F and G and shall take up both activities parallel. Hence, this way, two weeks benefit will be in hand to project manager. Within these two weeks manager can allocate additional resources for such as multiple panel for hiring and training staff in order of battle to complete the project within cod time or minimizing th e delay. ANSWER 1 (b) Each component of the project plays its part in order to complete the project within the duration. However, among large number of factors few are regarded as critical and division on these factors such as delays can resultantly cause the delay of the entire project along with address also being affected. Being critical these factors require considerable attention to ensure minimization of the divergency chances (Bredillet, 2005). For the given project of developing petrol station with convenience stores being market already explored by Tesco Metro and Sainsburys Local but with distinction to exploit the high income class