• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 2 out of 7 pages
Summary

Summary Chapter 17 'managing resources' Gower Handbook of Project Management, ISBN: 9781472422965

Document preview thumbnail
Preview 2 out of 7 pages

Chapter 17 Gower Handbook of Project Management, ISBN: 2965

Content preview

Summary of the hand of project management | Remco van der Schoot


2. Determine the level of reliability of the estimated planned durations
3. Develop the schedule with the planned durations
a. Establish the project’s baseline schedule and minimum total project duration
4. If a distribution for a task duration is available shorten it to the left of the planned duration. If the
distribution is not available, estimate the size of the maximum error as a single point estimate or assume
a distribution for it.
5. If the task error distributions are available or assumed a distribution of project completion times can be
generated. Use the distribution of the project duration of the project as a buffer
6. If the task error distributions are not available and calculate it. A = 1,2*n*p+3,5
a. A = used a contingency buffer for the schedule
b. P= 1-relaibility
c. N= number of activities on the critical path
7. As the project continues the number of remaining tasks decreases and so the buffer will change.


2.3.4. SOME RECOMMENDATIONS
1. Define your objectives and give them priorities:
2. Focus on collecting planning and scheduling data:
o The scope of the project should be defined as accurately as possible
▪ Including the WBS, WP’s, network diagram & milestone plan
3. Implement the schedule but be ready for change:
4. Use a systemic approach to develop the schedule:
5. Input the planning data into project management software of your choice:
6. Perform schedule risk analysis:


2.3.5. CONCLUDING REMARKS
Two major causes of scheduling failure are:
1. Overemphasis on shorter project duration as a prima scheduling objective
2. Lack of proper emphasis on scheduling risks and unreliability

Choose a suitable objective and develop a flexible and dynamic schedule; USM approach.

2.4. HOOFDSTUK 17 – MANAGING RESOURCES (P.263-281)
Resources = anything that will cost money to obtain and is necessary for the completion of a work.
- Includes labor, equipment, licenses, taxes and so forth (excluding money because it’s the primary means
of getting resources)


2.4.1. THE RESOURCE MANAGEMENT PROCESS

RESOURCE CONSTRAINTS
Constraints for projects: human resources, physical constraints and limitations, environmental issues, contractual
terms and conditions, materials availability of required quality and quantity, technical limitations and budget
limitations.

All in-house resources required for a project should be identified and assigned in a resource breakdown structure
(RBS).

RESOURCE BREAKDOWN STRUCTURE (RBS)
resource breakdown structure (RBS) = classifies and catalogues the resources needed to accomplish project
objectives.
- For dividing the resources into smaller units for planning, estimating and managing

P a g i n a 19 | 35

, Summary of the hand of project management | Remco van der Schoot


Resource types can be classified as:
- People, and van be divided into:
o Skill, professional discipline, work functions, location, equipment, supplies, tools and materials,
size, function and technical area.
- Materials and equipment
- Tools and machinery
- Fees and licenses
o Including software




RBS contains units of measurement.
- There can be only one type of time measuring unit for time
- FPS and SI measuring units should not be mixed with units in the same RBS.




P a g i n a 20 | 35

Connected book
 image
Publisher: 2014 ISBN: 9781472422965 Edition: 5

Document information

Study
Summarized whole book?
Unknown
Uploaded on
October 7, 2022
Number of pages
7
Written in
2022/2023
Type
Summary
$4.68

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
RSCHO
4.3
(26)
Sold
308
Followers
135
Items
58
Last sold
1 week ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions