Project Activity and Risk Planning

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Project Activity andRisk Planning
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What are Projects?

• Group of Activities
• Beginning, Middle, End
• Well-Defined End Result

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Examples of Projects

• Construction
• Research and
  Development
• Design of New Product or Process
• Spacecraft
• Wedding
• Can You Think of Projects?
• Can You Think of Non-Projects?

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Project Life Cycle
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Project Planning Consists of

• Purpose
• Objectives
• Overview
• Contracts

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Project Planning Consists of

• Schedules (PERT/CPM)
• Resources
• Personnel
• These Areas Can Be Handled Well with Microsoft
  Project and Other Software

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Project Planning Consists of

• Potential Problems and Risks
• Risk Management Planning
• Risk Identification
• Qualitative Risk Analysis
• (Risk Matrix)
• Quantitative Risk Analysis
• (Probabilities, Simulation)
• Evaluation and Control (Feedback)

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Initial Project PlanningDraw System Boundaries

• A System Consists of the Following
• Mission and Goals
• - Objectives
• - Performance
• - Effectiveness
• - Cost
• Environment
• Resources
• Subsystems

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In Project Planning Activities Must be Identified

• Activities are Groups of Work Elements or Tasks
  with
• Similar Technology Groups of Personnel
• Single Duration of Time (Activity Completion is
  Event)
• Definite Beginning End

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List of Activities Can Be Developed with

• Gozinto Chart
• Bill of Materials
• Work Breakdown Structure (WBS)
  
  Basically a Bill of Work Units

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Work Breakdown Structure (WBS)
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WBS Information

• For Each Work Element (Activity) We Need
• Work Statement (Input/Output)
• Vendors, Contacts, Subcontractors
• End Item Specifications
• Cost Accounting Numbers Costs (ABC) (Assigns
  Activities to Cost Drivers to Costs E.g.
  Activity A to Labor Hours to Labor Costs)

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WBS Information

• For Each Work Element
• (Activity) We Need
• Resource Needs
• Personnel (Linear Responsibility Chart or RACI
  Matrix)
• Times (Scheduling, PERT/CPM, Gantt Charts)
• Sequence Requirements

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Activity AnalysisExample One

• Activity Description Follows Days
  
• A Define Problem --- 3
• B Lease Computer --- 5
• C Obtain Data A, B 4
• D Determine Alternatives A, B 1
• E Feasible Alternatives D 1
• F Evaluation Modeling C, E 5
• G Find Best Alternative F 1
• H Implementation G 3

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Activity AnalysisExample Two

• Activity Description Follows Days
  
• X --------------- --- 1
• Y --------------- --- 2
• Z --------------- --- 3
• A --------------- X, Y 1
• B --------------- X, Y, Z 2
• Draw Activity-On-Node (AON or CPM) Diagram.
• Draw Activity-On-Arrow (AOA or PERT) Diagram.

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Activity AnalysisExample Three

• Activity Description Follows
  
• a Plan Survey ---
• b Hire Personnel a
• c Design Questionnaire a
• d Train Personnel b,c
• e Select Households c
• f Print Questionnaire c
• g Conduct Survey d,e,f
• h Analyze Results g
• Draw Activity-On-Node (AON or CPM) Diagram.
• Draw Activity-On-Arrow (AOA or PERT) Diagram.

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