Reducing Project Duration


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Please note:

This case study was compiled from generalized experience of the authors, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Case Details:

Price:
Case Code : PROM008 For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

Themes

Project Management / Network Models / PERT / CPM
Case Length : 05 Pages
Period : -
Pub Date : 2010
Teaching Note : Available
Organization : -
Industry : Information Technology
Countries : India

Abstract:

This case is about a software company in India. Though it had been providing quality service, the company's financial figures had not been encouraging over the past few years. The new CEO had sought information about the ongoing projects in the company. After going through the reports, he asked Sudheer Gupta (Gupta), Director (Planning), to develop a suitable project control mechanism in the organization. After making an in-depth analysis of the ongoing projects, Gupta identified some lacunas during project implementation. Gupta had to now develop a project control mechanism in order to control project delays and improve the profits of the company.

Issues:

» To understand the trade-off between project time duration and its costs.

» To understand the issues involved in employing the popular network model Critical Path Method (CPM).

» To understand the time-cost relationship of an activity.

» To understand how CPM can be used to reduce project duration

Contents:

  Page No.
About The Company 1
Analyzing the Projects 1
Identifying the Critical Issues 4
Time to Arrive at a Solution 5

Keywords:

Critical Path Method, Project Management, Network Models, Program Evaluation Review Technique, Time-Cost Relationship, Cost Slope, Crash Point, Early Start, Early Finish, Late Start, Late Finish, Project Duration, Time Delays, Slack Time

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