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Network Analysis
• Example
• Advantages/Disadvantages
2
What is Project Management??
3
What is Critical Path??
4
What is Critical Path Method??
5
The origins of CPM
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Where is it used??
Software Development
Construction
Research Projects
Product Development
• According to Dr. Larry Bennett (1978), the critical path method also
has three main benefits for project managers. They are…
8
Key Steps in the Critical Path Method...
• There are six key steps in the critical path method. They are..
Establish Dependencies
Step 2 Identify the Critical Path Step 5
(Activity Sequence)
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Key Steps in the Critical Path Method...
10
Key Steps in the Critical Path Method...
11
Key Steps in the Critical Path Method...
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Key Steps in the Critical Path Method...
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Key Steps in the Critical Path Method...
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Key Steps in the Critical Path Method...
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Terms Related to CPM
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Calculation of CPM
• Earliest Start Time (EST) • The earliest and latest that each
activity can start and finish
• Earliest Finish Time (EFT) without making the project
• Latest start time (LST) longer.
17
Class Exercise..
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Example..
13 • Orange Square:
7 16
6 3 Calculated Value
A C G 2 • White Circle:
7 7 13 16 18 Duration
0
STAR
0 H • Black hexagon:
T
3 6 9 Crashing Value
3 3 3 2
B D E • Critical Path:
10 13 16 A-C-G-H
5
2 3
F
13 19
Advantages of CPM
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Network Analysis
What is Network??
23
What is Network Analysis??
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Network Analysis Methods
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Basic Network Analysis Methods
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Terms related to Network Analysis
• WBS: Break down the project into constituent activities such that each
activity is clearly identifiable and manageable
• Events (node): These are the beginning or end points of an activity. Event
is a point in time and does not consume any time or resource and is
represented by a circle.
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Terms related to Network Analysis
Activity-on-Arc (AOA) Network
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Terms related to Network Analysis
Concurrent Activities
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Terms related to Network Analysis
Dummy Activities
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Example..
32
Thanks for patient hearing.
Any Questions??