Network Analysis OR MBA PPT

April 2, 2018 | Author: Babasab Patil (Karrisatte) | Category: Scheduling (Production Processes), Analysis, Network Analysis (Electrical Circuits), Intellectual Works, Industries


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Difference between PERT and CPM and their application in house construction Agenda  Introduction  Techniques – PERT & CPM  Applications  Differences  Benefits  Conclusion Introduction Network Analysis Technique of operations research Planning, scheduling and controlling Large and complex projects. Objective Schedule required activities efficiently Complete it on or before specific time limit Minimum cost. Network Analysis - Techniques  PERT – Program Evaluation and review Technique  CPM – Critical Path Method PERT PERT– Program Evaluation & Review Technique Developed in 1956-58 by a research team Help in planning & scheduling of the US navy’s project which involved thousands of activities. Technique proved to be useful for all projects which have an element of uncertainty in the estimation of duration. CPM CPM – Critical Path Method  Developed by EI DuPont company along with Remington Rand corporation.  Aim was to provide a technique for control of the maintenance of the co’s plants.  Use extended to cost & resource allocation. Applications of network analysis  Construction  Software development  Research projects  Product development  Engineering Application in house construction Activity Description Acquiring land Foundation Construction of basic structure Wood works Concrete Plumbing & Electrical work Flooring & designing Finishing interior & exterior Duration 4 6 2 5 2 7 4 1 Construction Project E.g. 1 A B C D E F G H Solution E= 17 L= 17 E= 0 L= 0 1 A E= 4 L= 4 2 B E= 10 L= 10 D C 5 F E= 24 L= 24 3 4 E= 12 E L= 12 7 6 E= 14 L= 14 H 8 E= 25 L= 25 G Critical Path :1- 2- 3- 4- 5- 7- 8 Non critical path : 1- 2- 3- 4- 6- 7- 8 6 weeks Float 25 weeks 19 weeks Difference b/w PERT & CPM PERT  Uses 3 estimates to form weighted avg of expected completion time.  Tool for planning & control of time. CPM  Uses 1 estimate to form weighted avg of expected completion time.  Tool for planning & control of time & cost. Contd…  Used for projects  Used for projects involving activities of non-repetitive nature. involving activities of repetitive nature. Benefits of using PERT/CPM  Helps in clarity of thoughts & actions  Forecasting future – problems, difficulties.  Helps in timely allocation of resources  Helps in division of responsibilities.  Helps in accurate estimation of cost and time for future projects. Conclusion  Thus these techniques help in completion of projects with no over-runs of time and cost.  Permits utilization of networks for similar projects which results in faster planning.
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