Title: Class Outline 18
Course: KVCC BUS208 > Section: Class Outlines

1.      Project Network

a.      Benefits

i.           Graphical depiction of project

ii.           Shows activities, time, sequences, and dependencies

iii.           Establishes the critical path

iv.           Easily understood

v.           Easy to modify

vi.           Basis for scheduling labor and equipment

vii.           Enhances communication

viii.           Estimate of project duration

ix.           Timing of activities

x.           Basis for budgeting and cash flow

xi.           Identifies critical activities

b.      From work package to Network

i.           WBS review

ii.           Activity - element in project that consumes time

1.      Can include one or more work package

iii.           Integration problems

1.      Different people define

2.      The WBS is poorly constructed and not deliverable

iv.           Things network can do that WBS cannot

1.      Show dependencies

2.      Sequencing

3.      Timing

2.      Terminology

a.      Activity - a piece of a project that requires time

b.      Merge Activity - Connected to multiple activities on the left (coming into it)

c.      Parallel Activities - Activities that can take place at same time

d.      Path - sequence of activities

e.      Critical Path - the longest path if items on this get adjusted the entire time is affected

f.       Burst activity - Connect to multiple activities on the right (going out of it)

3.      Basic Rules

4.      Activity on Node (AON)

a.      Terms

i.           Predecessor - completed before

ii.           Successor - completed after/follows

iii.           Concurrent or Parallel - at the same time

5.      Network Computation

a.      Forward Pass - Earliest Times

b.      Backward Pass - Latest Times

Attached Files: | - KVCC BUS208_ProjectMgmt_Outline 18.pdf