BA 353: Operations Management
BA 353: Operations Management 3/11/20
Today Friday
Project Management/CPM ICE 6 and HW 4 due
Start Topic 4:
Project Management
• Planning, scheduling, and controlling large, complex, expensive projects.
• Triangle…
• Examples…. New House Construction
• Class: BA 352: Project Management
CPM
• Define
• How long will a project take?
• Which steps are critical?
Also
• Estimate probs of finishing early (bonus$) or late (penalty)?
• Model realistically
• Speed it up by spending more $?
All Projects: Activities, Precedences, Times
Ex 1:
|Act |I.P. |Time |
|A |-- |6 |
|B |-- |8 |
|C |A |5 |
|D |A |7 |
|E |B |2 |
|F |B |6 |
|G |C |5 |
|H |D, E |4 |
|I |F |4 |
|J |G, H |6 |
• How long will it take?
• What is critical?
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