CPM/PERT for Project Management
What you'll learn
- Project Planning and Scheduling
- Correct prioritizing of activities and proper allocation of resources in project activities.
- Critical Path Method (CPM), a technique widely used in project planning and control.
- Program Evaluation and Review Technique (PERT).
- Handling adversities in project.
- It is an intuitive approach towards Project Management. One should be willing to think in intuitive way.
Critical Path Method (CPM)/ Program Evaluation and Review Technique (PERT) are the most sought after techniques in Project Planning and Scheduling. Stakeholders in any major project demand for CPM/PERT analysis to get convinced about the likely success of project. This course goes into the nuances of this powerful technique and helps project management professionals make use of it in gaining finer insight into the project. This course also discusses about how to use the CPM/PERT analysis for preparing Gantt Chant.
An interesting case has been included in exercise form that makes you apply these techniques in resource planning, resource allocation, prioritizing the activities and handling change in critical path. PERT CPM examples discussed in this course are easy to understand even for beginners.
A section has been added for Probabilistic models that help in evaluating and managing uncertainties. Risk is measured in terms of probability. This brings quantitative approach towards project risk management particularly related to time overrun.
Who this course is for:
- Professionals who have to handle projects in their work.
- Students or Professionals preparing for PMP Certification or any professional examination.
- Any person who likes getting to the nuances in any technique.
I am a graduate from Indian Institute of Technology, Kharagpur and a Ph. D. from Jharkhand Rai University, Ranchi, India. I enjoy teaching Operations Research and Applied Mathematics to students at different levels. My main engagement is with Insurance professionals who need to apply data science and related concepts extensively in their area of work.
These subjects can be learnt best when done in intuitive way. I prefer to focus on logic and try to get to the nuances of mathematical concepts.