July 30, 2008
Free Float is also used in Critical Path Method(CPM).
Free Float is the amount of time a activity can be delayed to start without delaying the early start of the succeeding activity.
-Posted by Dhana
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Posted by Dhanasekaran
July 28, 2008
Forward Pass is a calculation method used in Critical Path Method(CPM) to identify the early start date and early finish date for the activities.
Based on the relationship between current activity and preceeding/succeeding activity the PM will calculate the early start date and early finish date of the activity. The PM will do this calculation from the starting point of the activity list. This method is called as Forward Pass.
-Posted by Dhana
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Posted by Dhanasekaran
July 26, 2008
Forming is part of the Team Building Activities which is the tools and techniques of Developing Project Team.
Normally newly built/formed/assembled teams go through four stages of development and Forming is one of those stage.
Forming is the beginning stage of the team formation. Once all the team members are identified by the PM and resource allocation activity will be completed. Then all the team members brought together either physically or conference call if some of them are virtual team and introduced each other and briefed about the project objective. Usually the team members tend to be more formal.
-Posted by Dhana
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Posted by Dhanasekaran
July 24, 2008
This is one of the methods of Resolving Conflicts.
In this technique one person forces a solution on the other parties. The proposed solution may not be correct but the influencing person with his power(either the boss or powerful stakeholder).
This is not the best technique to solve the conflict as it creates win-lose situation.
-Posted by Dhana
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Posted by Dhanasekaran
July 22, 2008
This is one of the Additional Quality Planning Tools.
Force field analysis is one technique that can assist the project team to identify factors that are causing a problem. It is important at this juncture to focus on the issues or forces, not the actions to address them.
-Posted by Dhana
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Posted by Dhanasekaran
July 20, 2008
This is part of the diagramming technique which is a tools and techniques of Risk Identification.
The flowcharts shows the logical steps needed to achieve/meet the project goals/objective, the relationship between them, actions & responses. This diagram assist to identify the necessity of the risk response plans.
-Posted by Dhana
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Posted by Dhanasekaran
July 18, 2008
The amount of time a particular task can be delayed without changing the project end date is called as Float. Float is extensively used in the CPM method.
-Posted by Dhana
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Posted by Dhanasekaran
July 16, 2008
This is one of the Contract Types which is the tools and techniques of Plan Purchases and Acquisitions. This is another type of fixed price contract.
This contract includes an incentive or bonus for early completion or some pre-agreed performance criteria.
Buyer also bornes some form of risk in this contract.
-Posted by Dhana
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Posted by Dhanasekaran
July 14, 2008
This is one of the Contract Types which is the tools and techniques of Plan Purchases and Acquisitions. This is known as Lump Sum contracts.
Both buyer and seller agree on a well-defined project deliverable for a set of fixed price.
The seller borne the bigger risk in this contract. This type of contacts will be disastrous for both if the project scope changes drastically or buyer want to change some/part of the scope.
-Posted by Dhana
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Posted by Dhanasekaran
July 12, 2008
This is one of the Cost of Quality theory developed by Joseph M. Juran.
This theory says that conformance to specification/requirement of the project is met or exceeded. It reflects the customers view of quality and answers for the following questions.
1. Did the product met the quality expectation?
2. Did it satisfy the real need?
3. Is it safe to use?
-Posted by Dhana
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Posted by Dhanasekaran