Can you imagine becoming a CA (Chartered Accountant) by studying art in graduation? Sounds abrupt? Surely, it is. Similarly Goal Identification and Schedule Development play a crucial role in Project Planning. A project cannot become successful if you are not sure which path to follow to achieve the defined targets. Hence, regardless of the size or scope of the project, making a schedule is an indispensable part in the process of Project Management.
A schedule is created with a combination of planning, estimation, activities, resources, and requirements. Further, ensure that a defined schedule should be reviewed on a regular basis. A well-defined schedule helps in:
· Monitoring and controlling of project activities
· Allocating resources in such a way as to reap maximum benefits
· Assessing time delays
· Tracking progress of the project
A schedule can be developed in one of the following ways that are mentioned in the PMBOK®:
· What-if scenario analysis
· Critical Path Method
· Schedule Network Analysis
· Schedule Model
· Adjusting Leads and Lags
· Critical Chain Method
Till now we have seen what a schedule is and how important it is for project management. Series of steps that should be followed when developing a schedule are:
1. Identify the tasks that need to be performed on the project
2. Determine the sequence in which tasks are performed
3. Assign role and responsibilities
4. Calculate the required effort
5. Analyze and identify other variables, such as delay, assumptions, or training time of staff
6. Identification of potential risks
7. Identification of critical path for a project
8. Establish a baseline
9. Place all the details in proper format, such as Gantt. Chart
Hence, the need for effective Project Management cannot be neglected; so is the need of Project Management software.One of the widely used applications is Primavera P6 and nowadays Primavera P6 Training Online is popular and enthusiast candidates can get trained as per one’s convenience. Multisoft Virtual Academy provides Primavera P6 Online Training to the enthusiasts who want to implement an effective Project Management using the Primavera P6 software.
A schedule is created with a combination of planning, estimation, activities, resources, and requirements. Further, ensure that a defined schedule should be reviewed on a regular basis. A well-defined schedule helps in:
· Monitoring and controlling of project activities
· Allocating resources in such a way as to reap maximum benefits
· Assessing time delays
· Tracking progress of the project
A schedule can be developed in one of the following ways that are mentioned in the PMBOK®:
· What-if scenario analysis
· Critical Path Method
· Schedule Network Analysis
· Schedule Model
· Adjusting Leads and Lags
· Critical Chain Method
Till now we have seen what a schedule is and how important it is for project management. Series of steps that should be followed when developing a schedule are:
1. Identify the tasks that need to be performed on the project
2. Determine the sequence in which tasks are performed
3. Assign role and responsibilities
4. Calculate the required effort
5. Analyze and identify other variables, such as delay, assumptions, or training time of staff
6. Identification of potential risks
7. Identification of critical path for a project
8. Establish a baseline
9. Place all the details in proper format, such as Gantt. Chart
Hence, the need for effective Project Management cannot be neglected; so is the need of Project Management software.One of the widely used applications is Primavera P6 and nowadays Primavera P6 Training Online is popular and enthusiast candidates can get trained as per one’s convenience. Multisoft Virtual Academy provides Primavera P6 Online Training to the enthusiasts who want to implement an effective Project Management using the Primavera P6 software.