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Encyclopedia > Project planning

Project planning is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment.[1] Project Management is the discipline of organizing and managing resources (i. ... In project management, a schedule consists of a list of a projects terminal elements with intended start and finish dates. ... Gantt chart showing three kinds of schedule dependencies (in red) and percent complete indications. ...


Initially, the project scope is defined and the appropriate methods for completing the project are determined. Following this step, the durations for the various tasks necessary to complete the work are listed and grouped into a work breakdown structure. The logical dependencies between tasks are defined using an activity network diagram that enables identification of the critical path. Float or slack time in the schedule can be calculated using project management software[2]. Then the necessary resources can be estimated and costs for each activity can be allocated to each resource, giving the total project cost. At this stage, the project plan may be optimized to achieve the appropriate balance between resource usage and project duration to comply with the project objectives. Once established and agreed, the plan becomes what is known as the baseline. Progress will be measured against the baseline throughout the life of the project. Analyzing progress compared to the baseline is known as earned value management.[3] Scope (products) of a project is the sum total of all projects products and their requirements or features. ... Duration of a projects terminal element is the number of calendar periods it takes from the time the execution of element starts to the moment it is completed. ... A task is a part of a project that needs to be accomplished within a defined period of time. ... Work in project management is the amount of effort applied to produce a deliverable or to accomplish a task (a terminal element). ... A Work Breakdown Structure ( is a fundamental project management technique for defining and organizing the total scope of a project, using a hierarchical tree structure. ... In a project network, a dependency is a link amongst a projects terminal elements. ... A project network is a graph (flow chart) depicting the sequence in which a projects terminal elements are to be completed by showing terminal elements and their dependencies. ... The Critical Path Method, abbreviated CPM, is a mathematically based algorithm for scheduling a set of project activities. ... Float in project management is the amount of time that a terminal element in a project network can be delayed by, without causing a delay to: subsequent terminal elements (free float) project completion date (total float). ... Project management software is a term covering many types of software, including scheduling, resource allocation, collaboration software, communication and documentation systems, which are used to deal with the complexity of large projects. ... In project management terminology, resources are required to carry out the project tasks. ... Estimation is approximate or uncertain calculation of a result, often based on approximate, uncertain, incomplete, or noisy inputs. ... In economics, business, and accounting, a cost is the value of inputs that have been used up to produce something, and hence are not available for use anymore. ... (As defined in the Project Management Body of Knowledge (PMBOK) 2000 Edition): A project plan is A formal, approved document used to guide both project execution and project control. ... This article is confusing for some readers, and needs to be edited for clarity. ... Earned Value Management (EVM) is a project management technique that measures forward progress objectively. ...


See also

Cost overrun is defined as excess of actual cost over budget. ... A Dependency Structure Matrix, or DSM (also referred to as Design Structure Matrix, Problem Solving Matrix (PSM), incidence matrix, N-square matrix or Design Precedence Matrix), is a compact, matrix representation of a system or project. ... The kitchen sink syndrome refers to a type of discussion, usually an argument, chastisement, or reprimand that ranges over a broad spectrum of topics including everything but the kitchen sink. In project management (more common usage) it refers to a project that has accreted more and more features as time... A megaproject is a very large investment project. ... Incorporated in 1969 and situated outside Philadelphia, Pennsylvania, USA, the Project Management Institute (PMI) was founded by five volunteers. ... For other meanings, see Prince (disambiguation). ...

References

  1. ^ Harold Kerzner (2003). Project Management: A Systems Approach to Planning, Scheduling, and Controlling, 8th Ed., Wiley. ISBN 0-471-22577-0. 
  2. ^ Richard H. Thayer, Edward Yourdon (2000). Software Engineering Project Management, 2nd Ed., Wiley-IEEE Computer Society Press. ISBN 0-8186-8000-8. 
  3. ^ Fleming, Quentin (2005). Earned Value Project Management, Third Edition, Project Management Institute. ISBN 1-930699-89-1. 

External links


  Results from FactBites:
 
Project planning - definition of Project planning in Encyclopedia (550 words)
Project planning within project management is the process to quantify the amount of time and budget a project will cost.
The purpose of project planning is creating a project plan that a project manager can use to track the progress of his team.
It should be an ongoing task of the project manager to keep an eye on the progress of his team and update the project plan accordingly.
Project Planner Guide (7242 words)
The Project Planner is a living, working document, and presented in a time-based format.
Realizing it’s become a cliché to emphasize the need for team-building spirit during planning, organizing, and controlling a home building or remodeling project, we’re very hesitant to pounce on this idea without first bringing to your attention how this spirit has been put to use during the most extreme circumstances.
Create a reasonable project timeline for all Design-Build events so you begin to distinguish when your project will actually be completed from when you'd like it to be completed including ample time for the entire Design-Build process from inception of the first schema to the final punch list.
  More results at FactBites »


 

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