Ch 4: Scheduling Techniques

About This Chapter

Look at this chapter as you brush up on the specifics concerning different scheduling techniques. Our online study materials provide you with a fast and flexible way to prepare for exams, apply scheduling techniques to project management in the workplace, or work towards continuing education credits.

Scheduling Techniques - Chapter Summary

One of the biggest obstacles project managers face involves dealing with the logistics that keeps production on track. To handle this problem requires a thorough knowledge of scheduling techniques, which is why this chapter has been built to go over the entire scheduling process. These lessons discuss recommended strategies that use simulations, charts, and other formulas to determine which scheduling approaches will most likely yield the best results. At the end of this chapter, you should know how to do the following:

  • Describe project completion and PERT analysis
  • Compare three-point, parametric, and analogous estimating
  • Identify examples of the critical path method
  • Analyze the role of critical chain project management
  • Know how the Monte Carlo simulation can be applied to risk management
  • Read bar graphs and Gantt charts
  • Consider other techniques for managing demand and adjusting capacity
  • Use the formula for earned value management
  • Point out the purpose for the Performance Management Baseline (PMB)

This chapter provides a convenient way to study the most up-to-date information about scheduling techniques. Our instructors each have years of experience in their areas of expertise, and they are always following current trends in their fields. In addition, these lessons are designed to help you both learn and retain this information in the easiest way possible. Concepts are presented with humor and plenty of real-world examples, and you'll find key vocab words in bold print.

12 Lessons in Chapter 4: Scheduling Techniques
Test your knowledge with a 30-question chapter practice test
PERT Analysis & Project Completion

1. PERT Analysis & Project Completion

Time-based decision methods are used a great deal when a manager or company looks at a time-based project. To ensure the project can be done on time, managers use PERT analysis, a tool for estimating the time it will take to complete a project. This lesson will outline PERT and help you to understand how it is used to predict time based projects.

Three-Point Estimating: Definition & Role in Scheduling

2. Three-Point Estimating: Definition & Role in Scheduling

Knowing how long a project will take can be a bit tricky. There are so many factors that can affect the duration. In this lesson we will learn one technique that helps a company be more accurate in estimating.

Parametric Estimating: Definition & Examples

3. Parametric Estimating: Definition & Examples

The cost and the timeframe for a project can be very important considerations. But being able to determine each of these factors can be a bit challenging without the right tools. Come along as we learn about parametric estimating.

Analogous Estimating: Definition & Use

4. Analogous Estimating: Definition & Use

Making sure you have enough money to complete your project and finish it within the time frame requested can be stressful if you lack important data. In this lesson we will learn about a way to figure out just how much time and money you will need for a given project.

Critical Path Method: Definition, Analysis & Examples

5. Critical Path Method: Definition, Analysis & Examples

In this lesson, you'll learn what the critical path methodology is, how it is used as a planning tool, and how the project manager uses it to execute projects on schedule and on budget.

Critical Chain Project Management: Definition & Role

6. Critical Chain Project Management: Definition & Role

In this lesson, we provide a definition of critical chain in project management and explain how this approach can be used to identify all critical and near critical paths in order to achieve project specification requirements.

Using the Monte Carlo Simulation in Risk Management

7. Using the Monte Carlo Simulation in Risk Management

In this lesson, students will learn how the Monte Carlo simulation enables testing of preliminary task estimates to help reduce project uncertainty and risk.

Project Resource Leveling: Definition & Scheduling

8. Project Resource Leveling: Definition & Scheduling

Often, a project will be constrained by the available resources. In this lesson, we will learn how to deliver a resource-constrained project through a scheduling technique called resource leveling.

Gantt Charts & Bar Graphs: Henry Gantt's Contributions to Management

9. Gantt Charts & Bar Graphs: Henry Gantt's Contributions to Management

This lesson will describe how Henry Gantt revolutionized management practices by providing a graphical representation, also known as the Gantt chart, of work processes that showed scheduling and monitoring projections. Other contributions of Henry Gantt, such as the task and bonus system, will also be discussed.

What is Crashing in Project Management? - Definition & Example

10. What is Crashing in Project Management? - Definition & Example

The objective of crashing a project is to shorten the project's implementation date by adding resources to critical path tasks. This lesson will define and provide an example of crashing a project.

Earned Value Management: Definition, Formula & Examples

11. Earned Value Management: Definition, Formula & Examples

Earned value management is a systematic process used by project managers to determine project performance and forecast project completion schedules and budgets. This lesson demonstrates how to use the essential components of EVM to successfully manage a project.

Performance Measurement Baseline (PMB): Definition & Role

12. Performance Measurement Baseline (PMB): Definition & Role

In this lesson you will learn what the Performance Measurement Baseline is and how it is used in the process of schedule and budget planning, development and monitoring.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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