Every profession has a unique way of thinking, a perspective that must be adopted to practice it well, and project management is no different. In this day of agile project management, critical paths are as important as ever. Yes, it's a hard number, that is, a calculation that results in a completion date for a set of tasks. But more than that it's also a mindset. … [Read more...]
Resource management is the effective utilization of an organization's resources to accomplish a given task or project. In project management, resource management is one of the most important skills of a project manager. Because a project has a fixed (usually) schedule and budget, the utilization of the project's resources can play an integral role in the success … [Read more...]
Resource leveling is the smoothening of resource usage to increase project efficiency. It is performed to realize a trade off between project duration and project cost. Traditional project scheduling techniques do not take resource usage into account, and often produce erratic resource usage that drives up the project budget. For example, let's say you have a … [Read more...]
In yesterday's post we outlined the critical path method which is one of the professional project manager's techniques to ensuring project deadlines are met. Today we will walk through an example with a complete solution using MS Excel. Our example project is to build a new driveway. We will be hiring our friend, Jon, who is a concrete worker, and we will … [Read more...]
