Critical Path and Estimating the CPM Schedule Activities’ Durations

$149.00

SKU: 410386

Description

Learn the key steps in creating a critical path schedule and the guidelines to follow.
The creation of a critical path schedule is an art and science. Although there is no unique way to do so, there are certain guidelines to make it better and more efficient. In this topic, we look at two important steps dividing the project into activities and estimating their duration. We start by dividing the project into the right number of activities. There are several criteria for such division in order to obtain easily measured and controlled activities. Next, we estimate the duration of each activity. This step is crucial because an error or inaccuracy in the durations means an error or inaccuracy in the calculated project completion date. Many factors impact these durations, and the scheduler must be aware of them.

Date: 2022-12-13 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to describe the steps to create a CPM schedule.

* You will be able to review factors to be considered in the project breakdown.

* You will be able to discuss definitions of activities, events, and milestones.

* You will be able to identify intermittent and multistage activities.

Steps to Create a CPM Schedule

Breaking Down the Project Into Activities

Factors to Be Considered in the Project Breakdown

Number of Activities: Too Many or Too Few? Pros and Cons

Definition of Activities, Events, and Milestones

Activities’ Attributes

Work Breakdown Structure (WBS) and the CSI MasterFormat

Project Breakdown Mentality: Scheduler vs. Cost Estimator

Estimating Activities Duration

Productivity and Duration

Confidence Level vs. Level of Detail

Intermittent and Multistage Activities

Durations and Lags

Calendars, Nonwork Days

Time Contingency

ENG ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Saleh Mubarak-Saleh A. Mubarak, Ph. D.