Project Management
Introduction
Regarding with this the proponents of STI Collage Lucena intend to come up with an Online Business Directory of Lucena City with CMS the lucenabiz.com.This will provide the means of online advertisement,a form of advertising that uses the internet and the World Wide Web, in order to deliver a marketing message and attract costumers. At the same time a business directory listing where business can have an online apperance, and a portal to locate it online.
PERT/ CPM
The Program Evaluation and Review Technique (PERT) is a network model that allows for randomness in activity completion times. A PERT chart may have multiple parallel or interconnecting networks of tasks. If the scheduled project has milestones, checkpoints, or review points , the PERT chart will note that all tasks up to that point terminate at the review node. The project proponents of STI Lucena had use the said methods.
Sample of the PERT data base on the proponents project;
While Critical Path Method (CPM) charts are similar to PERT charts and are sometimes known as PERT/CPM. In a CPM chart, the critical path is indicated. A critical path consists that set of dependen tasks (each depedent on the preceding one) which together take the longest time to complete. Although it is not normally done, a CPM chart can define multiple, equally critical paths. Tasks which fall on the critical path should be noted in some way, so that they may be given special attention. One way is to draw critical path tasks with a double line instead of a single line.It is an important tool for effective project management.
Steps in CPM Project Planning
- Specify the individual activities.
- Determine the sequence of those activities.
- Draw a network diagram.
- Estimate the completion time for each activity.
- Identify the critical path (longest path through the network)
- Update the CPM diagram as the project progresses.
The proponents of STI Lucena usually use the gantt chart in managing their activities before they learn about the the other methods like the milestone. This two project management tools are proven to be very helpful specially in managing time,meeting deadline and catching up revisions of a certain project
S Curve
The S Curve is a well known project management tool and it consists in "a display of cumulative costs, labor hours or other quantities plotted against time".The name derives from the S-like shape of the curve, flatter at the beginning and end and steeper in the middle, because this is the way most of the projects look like.
The Figure below is a sample of the S Curve done by the project proponents of STI Lucena. ( not all s-curves are exactly 'S 'like it varies by its content) Here you can see the date when the project was started ,the assumption cost and the actual cost spend in the project.
| Activities | duration | cost |
| Orientation and Discussion of thesis0 | 18 | 0 |
| Research of thesis title | 25 | 50 |
| Finalizing/submission of title | 22 | 0 |
| Title evaluation | 7 | 0 |
| Thesis Proposal documentation | 9 | 20 |
| Submitting an reviewing the documentation | 9 | 0 |
| Defense of the thesis proposal | 6 | 400 |
| Thesis Proposal Revision | 6 | 50 |
| Re-defense | 6 | 0 |
| Revising the approve documents | 1 | 30 |
| Submission of the approve thesis to HQ | 1 | 0 |
| Confirming/recommendation from HQ | 39 | 0 |
| Submission of journals/status report | 150 | 400 |
| Thesis 1 documentation | 200 | 450 |
| Thesis Proposal documentation | 9 | 200 |
| Getting the live project name | 10 | 1000 |
| Buying the project components | 100 | 500 |
| Completing the project for implementation | 100 | 300 |
| Thesis 1 defense | 5 | 500 |
| Implementation | 200 | 100 |
| maintenance | … | 0 |
WBS
A Work Breakdown Structure is a results-oriented family tree that captures all the work of a project in an organized way. It is often portrayed graphically as a hierarchical tree, however, it can also be a tabular list of "element" categories and tasks or the indented task list that appears in your Gantt chart schedule.
Role of WBS
The concept of WBS level is important as it allows you to designate the level of detail at which you report cost estimates and project cost performance figures. For example, to effectively manage a large project a senior manager typically needs summary details of cost variance at level 2. By contrast the team leader responsible for developing a level 2 software component needs cost performance reports at level 3.
The partitioning of the project into major components occurs at level 2. Components at this level fall into the following classes:
- Project Service. Project services that apply to the entire project and cannot be allocated to a single deliverable item. Examples are, project management and quality management. In the case of design services the overall architectural design of a system is classed as a Project Service as it is used to discover what the components are. The detailed design of a single software component however is allocated to that component.
- Hardware Component. A bill of materials breakdown of computer hardware.
- Software Component. A bill of materials breakdown of computer softw
