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A complete guide to Project Management – CPM/PERT
Rating: 4.6 out of 5(22 ratings)
87 students

A complete guide to Project Management – CPM/PERT

The course includes Project Management Techniques like Critical path, Crashing, Program Evaluation and Review Technique
Created byMaxusknowledge Team
Last updated 2/2024
English

What you'll learn

  • Exploring the fundamentals of the Program Evaluation and Review Technique (PERT) method and the calculations involved.
  • Exploring network analysis methods and their concepts.
  • Learn 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..

Explore related topics

Course content

3 sections • 33 lectures • 8h 29m total length

  • Fundamentals of Network diagrams (Part 1)16:41

    In this video, you will learn the fundamentals of creating an Activity on Arrow and Activity on Node network diagram for a project.

  • Fundamentals of Network diagrams (Part 2)10:49

    In this video, you will learn the fundamentals of creating an Activity on Arrow and Activity on Node network diagram for a project.

  • Earliest start and Earliest finish time16:22

    In this video, you will learn the fundamentals of earliest start and earliest finish times of the activities on a project.

  • Latest start and Latest finish time20:43

    In this video, you will learn the fundamentals of latest start and latest finish times of the activities on a project.

  • Slack of an event15:45

    In this video, you will learn how to calculate slack for an event on a Project.

  • Total float of an activity14:23

    In this video, you will learn what is meant by float of an activity on a project and how to calculate it.

  • Interfering and free float22:59

    In this video, you will learn the basic fundamentals of interfering and free float of an activity on a project.

  • Independent float11:36

    In this video, you will learn the basic fundamentals of independent float of an activity on a project.

  • Network Diagram - Example 118:07

    In this video you will learn how to draw a Network diagram for a hospital project using the Activity on Node (AON) and Activity on Arc (AOA) methodologies. You will also learn the pros and cons of using the AOA and AON network diagrams.

  • Network Diagram - Example 25:02

    In this video you will learn how to draw a Network diagram for a project using the Activity on Arc (AOA) methodology. You will also learn the use of a dummy activity.

  • Network Diagram - Example 312:13

    In this video, you will learn how to draw a Network diagram for a project using the Activity on Arc method. You will also learn the use of multiple dummy activities in a network diagram.

  • Network Diagram - Example 415:19

    In this video, you will learn how to draw a Network diagram for a project using the Activity on Arc method. You will also learn the use of multiple dummy activities pointing to a single event in a network diagram.

  • Network Diagram - Example 522:41

    In this video, you will learn how to calculate earliest and latest start and finish times. You will also learn how to find out the critical path for a project.

Requirements

  • You don’t need any perquisites for taking this 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.

Who this course is for:

  • The course can be useful for students studying operations research, professionals working in IT or Management industry responsible for managing the project.
  • Professionals working in supply chain management or in finance field.

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