Tag Archives | Project Management

Cost Model: Crashing of Network

Time aspect is the main and significant aspect in a network. Its primary object is to com­plete the project at an earliest to get quicker realisation of benefits of the project. Activities on critical path and sub-critical path needs special attention either to com­plete the project as per schedule or to reduce the completion time. To reduce the scheduled time, [...]

By |2016-11-02T06:00:12+05:30November 2, 2016|Project Management|Comments Off on Cost Model: Crashing of Network

Network Technique: Meaning, Objectives and Advantages

After reading this article you will learn about:- 1. Meaning of Network Technique 2. Objectives of Network Analysis 3. Applications 4. Advantages 5. Limitations. Meaning of Network Technique: Network technique is a technique for planning, scheduling (programming) and controlling the progress of projects. This is very useful for projects which are complex in nature or where activities are subject to [...]

By |2016-11-02T06:00:12+05:30November 2, 2016|Project Management|Comments Off on Network Technique: Meaning, Objectives and Advantages

Critical Path Method (C.P.M): Meaning, Language and Advantages

After reading this article you will learn about:- 1. Meaning of Critical Path Method (C.P.M.) 2. Language of Critical Path Method 3. Advantages. Meaning of Critical Path Method (C.P.M.): The use of this management technique of modern network systems has become very essen­tial in the developing countries like India. This was developed in 1957 and is suitable for the construction [...]

By |2016-11-02T06:00:12+05:30November 2, 2016|Project Management|Comments Off on Critical Path Method (C.P.M): Meaning, Language and Advantages
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