CM Unit 1 Lecture 1 Introduction
CM Unit 1 Lecture 1 Introduction
1
Syllabus
Unit I: Time Management [7 Hrs]
Introduction, steps in Project Management – work break down structure,
Bar Chart, Mile stone chart, Gantt Chart, Activity On Arrow and
Activity On node.
Introduction to PERT: Concept of probability, normal and Beta
Distribution, Central limit theorem. Time estimates and calculations of
project duration, critical path, slack, probability of project completion.
Unit II: Network Analysis [7 Hrs]
Precedence network, Critical Path Method (CPM): Introduction, Time
estimates, floats, critical path, Network compression – Least Cost and
optimum duration, Updating of networks– needs, steps, project duration,
calculation for updated network.
2
Syllabus
Unit III: Resource Management [7Hrs]
Human Resource allocation – smoothening and levelling, Material
Management- definition by international federation of purchasing and
material management. Objectives, Role Functions, Qualities of material
manager Material forecasting. Inventory Control- Necessity, Techniques such
as ABC, EOQ, HML, VED, SDE, etc. MUSIC-3drole, lead-time, safety
stocks, Material Evaluation using differential indices.
3
Syllabus
Unit V: Economic Analysis [6 Hrs]
Economic comparisons, Discounting methods: Present worth method,
equivalent annual cost method, capitalized cost method, net present
value, and internal rate of return.
4
Textbooks:
• Jha K. N. “Construction Project Management” Pearsons Publication.
• Sengupta, B. and Guha H. “Construction Management and Planning”,
Tata McGraw Hill Publication.
• Srinath L.S. “PERT &CPM: Principles and Applications”, Affiliated
East West Press, Delhi
• B. C. Punmia, “Project Planning and Control with PERT and CPM”,
Laxmi Publications (P) Ltd.
5
Project Management
Why to learn Project Management study?
Is the application of knowledge, skills, tools and techniques to a broad range
of activities to meet the requirement of the particular project.
Function of Project Management
Define the requirement of work, establishing the extent of work, monitoring
the progress of work and adjusting deviations from the plan
9
1. Project Planning
• Defining objectives of the project
• Listing of the tasks or jobs or activities that must be performed to
complete the project scope of work.
• Studying the users requirements
• Defining the technical specifications
• Determine gross requirements for material
• Studying how to secure funds to finance the project
• Equipment, manpower and preparing estimates of project costs
• Duration for the various jobs or activities
• To depict logic of activities using standard symbols and conventions.
• to identify the critical path and compute the project completion time.
• Advising members of the task force – consultant, engineering
10
2. Project Scheduling
• Assigning the starting and completion dates to each activities of the
work in such a manner that the whole project proceeds in a logical
sequence and in an orderly and systematic manner.
11
3. Project Controlling
( Project Phase/Implementation/realization/materialization phase)
13
Work Breakdown Structure
14
Work Breakdown Structure
15
Work Breakdown Structure
17
Project Life Cycle
18