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Acquisition of Key Competences for Economic and Social Sustainability

Time Scheduling and Project Management
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Unit: 1 Introduction to project management and time scheduling

What is a project?

A project is a series of tasks that need to be completed in order to reach a specific outcome.

A project can also be defined as a set of inputs and outputs required to achieve a particular goal.

Projects can range from simple to complex and can be managed by one person or a hundred.

A project has a defined start and end point and specific objectives that, when attained, signify completion

Characteristics of Projects

Are unique
Consume time
Cost money
Requires people
Contain risks
Sequence of tasks
What is Project Management?

Project management is the process of initiating, planning, executing, controlling, and closing the work, to achieve specific goals and meet specific success criteria at the specified time.

Benefits of Project Management

Do more with less
Flexible framework
Clear expectations
Progress is monitored
Lessons learned
Do it right the first time
Less frustration
What is Project Time Scheduling?

Time scheduling is a collection of techniques used to develop and present schedules that show when work will be performed. The choice of tools and techniques used to develop a time schedule depends upon the level of detail available about the work that needs to be done.
Project time scheduling IS:

- a part of project planning,

- a tool that communicates when planned activities needs to be performed

Unit: 2 Project Management Life Cycle

Characteristics of the Project Management Life Cycle

Defines the beginning and end of a project

-Project management Life Cycle generally include 5 elements:

1. Initiation

2. Planning

3. Execution

4. Monitoring and controlling

5. Closeout

5 elements/process groups of the project management life cycle
Interdependence/correlation of elements/process groups in project management life cycle
Step 1: Initiating the project

Project initiation is the first phase of a project’s life cycle. It is at this point where the opportunity or reason for the project is identified and a project is developed to take advantage of that opportunity.

You can start a new project by defining its objectives, scope, purpose and deliverables to be produced.

It is during this phase of the project that a team is assembled, and a business case is created to define the project in detail.

The purpose of the Initiating a Project process is to establish solid foundations for the project, enabling the organization to understand the work that needs to be done to deliver the project's products before committing to a significant spend

Step 2: Plan the project

A project plan is a formal document designed to guide the control and execution of a project. A project plan is the key to a successful project and is the most important document that needs to be created when starting any business project.

The objective of a project plan is to define the approach to be used by the project team to deliver the intended project management scope of the project

 

A project plan answers basic questions about the project:

Why? - What is the problem or value proposition addressed by the project? Why is it being sponsored?

What? - What is the work that will be performed on the project? What are the major products/deliverables?

Who? - Who will be involved and what will be their responsibilities within the project? How will they be organized?

When? - What is the project timeline and when will particularly meaningful points, referred to as milestones, be complete?

Step 3: Execution of the project

Project execution (or implementation) is the phase in which the plan designed in the prior phases of the project life is put into action. The purpose of project execution is to deliver the project expected results (deliverable and other direct outputs).

To enable you to monitor and control the project during this phase, you will need to implement a range of project management processes.

These processes help you to manage time, cost, quality, change, risks and issues. They also help you to manage procurement, customer acceptance and communications.

The Project Execution Phase is usually the longest phase in the project management life cycle and consumes the most energy and resources.

Step 4: Monitor & Control The Project

Monitor and Control Project Work is the process of tracking, reviewing, and reporting the progress to meet the performance objectives defined in the project management plan.

The Monitoring and Controlling process oversees all the tasks and metrics necessary to ensure that the approved and authorized project is within scope, on time, and on budget so that the project proceeds with minimal risk. ... Monitoring and Controlling process is continuously performed throughout the life of the project.

Step 5: Close Out The Project

The Project Closure Phase is the fourth and last phase in the project life cycle. In this phase, you will formally close your project and then report its overall level of success to your sponsor.

Project close-out should be anticipated and planned as early as possible in the project lifecycle even though it is often the last major process of a project's life. At a high-level, the key elements of project close-out are: Verify acceptance of final project deliverables.

The purpose of project closeout is to assess the project, ensure completion, and derive any lessons learned and best practices to be applied to future projects. ...

Unit: 3 Project Time Scheduling

What is Project Time Scheduling?

Time scheduling is a collection of techniques used to develop and present schedules that show when work will be performed. The choice of tools and techniques used to develop a time schedule depends upon the level of detail available about the work that needs to be done.

Project time scheduling IS:

-a part of project planning,
-a tool that communicates when planned activities needs to be performed

Project time scheduling is in correlation with all project management life cycle elements.

Development of Project Time schedule

To develop a project schedule, the following needs to be completed:

Project scope
Sequence of activities
Tasks grouped into 5 project phases (conception, definition & planning, launch, performance, close)
Task dependencies map
Critical path analysis

Project milestones

When you know all the elements that belong in your project schedule, you can start to assess which of the different techniques for project management you will use.

There are several ways to approach project scheduling based on your experience and the complexity of your project.

Project scheduling technique GANT CHART

“ Project planning is part of Project management, which relates to the use of Schedules such as Gantt charts are used to plan and subsequently report progress within the project environment”.

A Gantt chart is a detailed project plan.

The project schedule Gantt chart is a useful visual technique for progress tracking and reporting purposes.

Frequently used in project management, a Gantt chart provides a graphical illustration of a schedule that helps to plan, coordinate, and track specific tasks in a project.

It provides information when you want to get a quick estimate of the time it will take to complete all the project activities.

A project schedule Gantt chart is a bar chart that displays key activities in sequence on the left (first activity is at the top left and last activity ends in the bottom right corner) vs time (on the top or bottom).

Each task is represented by a bar that reflects the start and date of the activity, and therefore its duration. 

The chart shows all the activities, when they’re set to start and end, how long each activity will last, where there are overlaps of activities, dependencies between activities, which are connected with arrows and the start/end date of the entire project.

  Gantt Chart (example)

  Gantt Chart (example) 2

The importance of GANT CHART

Gantt charts are useful for planning and scheduling projects. They help you assess how long a project should take, determine the resources needed, and plan the order in which you'll complete tasks. They're also helpful for managing the dependencies between tasks.
Gantt charts are useful for monitoring a project's progress once it's underway, too. You can immediately see what should have been achieved by a certain date and, if the project is behind schedule, you can take action to bring it back on course.
Benefits of a Gantt Chart

- Clarity. One of the biggest benefits of a Gantt chart is the tool's ability to boil down multiple tasks and timelines into a single document. ...

- Communication. ...

- Motivation. ...

- Coordination. ...

- Creativity. ...

- Time Management. ...

- Flexibility. ...

-Manageability

Gant charts encourage us to structure the project and that in itself is a key benefit.

GANT CHART (pro’s and con’s)

Pros:

Adaptable to all projects
Easy to view progress
Ability to set accurate deadlines and define dependencies
Easily modified
Can be created in Microsoft Excel or in a project management system
Ability to assign tasks to resources

Cons:

They need to be constantly updated.
No versioning
Limited collaboration
No progress tracking
They can become extraordinarily complex
Difficult to see on one sheet of paper.


Keywords

Keywords Project, Project management , Time scheduling

Description

This course provides knowledge and introduces topics of relevance towards project management, definitions, elements of project management and time scheduling. First Unit represents introduction with the course Project management and time scheduling. Provides general information, definitions. You will get introduced with the meaning of the: project, project management and project time scheduling. Characteristics of a project are presented and useful general information about project time scheduling. The second unit is designed to explain the 5 steps/elements of Project Management Life Cycle. In the Third Unit is presented Project Time scheduling with general information, definitions, importance and key elements for effective time scheduling as a part of project management.

Bibliography