Unit VII Project (For hifsa shaukat Only) Project Management

Running head: UNIT VI PROJECT

2

UNIT VI PROJECT

( Unit VI Project Claude Holmes Professor Jim Marion Project Management Columbia Southern University 22 November 2016 )

Part 1: Activity Precedence and Duration Table

Gantt Chart

Network Diagram

This is the network diagram

Part 2:

Question No.1: Favorable and Unfavorable conditions for Crashing

The most favorable condition for the crashing of the remaining project activities is that it would buy the some time for the team in which they would be able to complete the project as per its completion date. The timely completion is both desirable for the project manager and the organization. It would also help the organization from in saving it from the penalties. Another unfavorable factor could be the public image of the organization that would be spoiled as a result of late completion of the task.

The unfavorable condition for the crashing of the remaining project is the cost of the crashing that must be incurred in order to complete crashing. If the cost of crashing is lower than the additional margin that is provided to the project manager Mr. Joe then he may consider the crashing of other options otherwise it would become escalation of commitment. Another unfavorable condition may be that after selecting of the crashing option, it is not sure that the project will be completed at the required date of completion. There is a risk that would cost the company both cost of crashing and penalties that would be faced due to delayed completion of the project.

Question No.2: Decision Making as a Site Supervisor

Being a site supervisor, I would consider the cost of the crashing the project and would compare the same amount with the allotted budget, if it crosses the budget then crashing would not be advisable. Another option would be the cost benefit analysis of the crashing that is if it saves the organization from penalties (for delayed completion). Time saving would be also be considered, that is, whether it is possible that time would be saved as a result of crashing. Which activities can be performed parallel, would this compromise the quality of the final product?

The decision of crashing would be advisable only when it is assured that the controllable reasons due to which the project was delayed mishaps (Delayed delivery of materials, etc.) would not happen in future. If the supplier has agreed upon timely delivery of the materials and there is insurance that no mishap will happen. If the cost of the penalties is higher than the cost of the crashing it would be advisable to go for crashing as it would save the organization from penalty, if timely completion is ensured. Time saving is the main objective so it must be properly planned. Part 3: Network Activity Chart and Identification of Critical Path