The aim of this report is to understand and apply ‘Gantt charts’, ‘Precedence diagrams’, ‘Fenced bar charts’, ‘Critical path’ and ‘Optimum cost’ and ‘Time solutions’ for durations of activities. This report explains how increasing our knowledge, perception and awareness will...
, Table of Contents
Introduction ...................................................................................................................................................................... 1
1. Building House .......................................................................................................................................................... 1
1.1 Figures and Diagrams: ....................................................................................................................................... 1
1.2 Options of how would you schedule the project to minimise the duration and/or maintain quality: ............ 5
2. The critical path, Project Completion Time (T), and Project Variance 𝜎2p ................................................................ 5
Critical Path: .................................................................................................................................................................. 5
Project Completion Time: ............................................................................................................................................. 5
Project Variance 𝜎2p: ..................................................................................................................................................... 6
3. a) Analyse the network based on the normal durations for activities ..................................................................... 6
3. b) An assessment of the optimum time & optimum cost solution(s) and ‘least time’ & ‘least cost’ solutions ....... 7
4. Summary ................................................................................................................................................................. 10
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