An Introduction to Project Modeling and Planning

An Introduction to Project Modeling and Planning PDF Author: Gündüz Ulusoy
Publisher:
ISBN: 9783030614249
Category :
Languages : en
Pages : 0

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Book Description
This textbook teaches the basic concepts and methods of project management, but also explains how to convert it to useful results in practice. Project management offers a promising working area for theoretical and practical applications, and developing software and decision support systems (DSS). This book specifically focuses on project planning and control, with an emphasis on mathematical modeling. Models and algorithms establish a good starting point for students to study the relevant literature and support pursuing academic work in related fields. The book provides an introduction to theoretical concepts, and it also provides detailed explanations, application examples and case studies that deal with real life problems. The chapter topics include questions that underlie critical thinking, interpretation, analytics, and making comparisons. Learning outcomes are defined and the content of the book is structured in accordance with these goals. Chapter 1 begins by introducing the basic concepts, methods and processes of project management. Chapter 2 explores the fundamentals of organizing and managing projects from an organization's perspective. Issues related to project team formation, role of project managers, and matrix organization are discussed. Chapter 3 is devoted to project modeling and planning. It explains how to collect proper data in order to perform an analysis and develop mathematical models. Chapter 4 introduces deterministic scheduling models, which can be used in constructing the time schedules. Models employing time-based and finance-based objectives are introduced. Chapter 5 focuses on the time/cost trade-off problem, explaining how to reduce the duration of some of the activities and therefore accelerate the project duration at the expense of additional costs. Chapter 6 introduces different resource management policies including resource portfolio management. Chapter 7 discusses models and methods of scheduling in case of uncertainty models and methods of scheduling in case of uncertainty. Chapter 8 highlights contract types and payment schedules. It explores identification and allocation of risk in contracts, project control issues, disputes and resolution management. Different models and decision support systems are presented in Chapter 9 in order to investigate client-contractor negotiations and the bidding process from different aspects. Chapter 10 covers monitoring and control, mainly the processes and methods behind them. Chapter 11 brings together qualitative and quantitative techniques with simulation and software applications. The design of a risk management process is introduced in detail and at the hand of a case study. Chapter 12 examines several models and approaches of uncertainty in project scheduling, dealing with various aspects of stochastic nature of the decision environment and robustness. Chapter 13 explains the mathematical formulation and solution procedures for resource constrained project scheduling. The project selection problem is inherently a multi-objective problem and is treated as such in Chapter 14. Several models and solution techniques including robust selection methods are introduced. Finally Chapter 15 evaluates recent approaches and promising research areas in project management including strategic project management, agile approaches, and data management in project modeling in the big data era.

An Introduction to Project Modeling and Planning

An Introduction to Project Modeling and Planning PDF Author: Gündüz Ulusoy
Publisher:
ISBN: 9783030614249
Category :
Languages : en
Pages : 0

Get Book

Book Description
This textbook teaches the basic concepts and methods of project management, but also explains how to convert it to useful results in practice. Project management offers a promising working area for theoretical and practical applications, and developing software and decision support systems (DSS). This book specifically focuses on project planning and control, with an emphasis on mathematical modeling. Models and algorithms establish a good starting point for students to study the relevant literature and support pursuing academic work in related fields. The book provides an introduction to theoretical concepts, and it also provides detailed explanations, application examples and case studies that deal with real life problems. The chapter topics include questions that underlie critical thinking, interpretation, analytics, and making comparisons. Learning outcomes are defined and the content of the book is structured in accordance with these goals. Chapter 1 begins by introducing the basic concepts, methods and processes of project management. Chapter 2 explores the fundamentals of organizing and managing projects from an organization's perspective. Issues related to project team formation, role of project managers, and matrix organization are discussed. Chapter 3 is devoted to project modeling and planning. It explains how to collect proper data in order to perform an analysis and develop mathematical models. Chapter 4 introduces deterministic scheduling models, which can be used in constructing the time schedules. Models employing time-based and finance-based objectives are introduced. Chapter 5 focuses on the time/cost trade-off problem, explaining how to reduce the duration of some of the activities and therefore accelerate the project duration at the expense of additional costs. Chapter 6 introduces different resource management policies including resource portfolio management. Chapter 7 discusses models and methods of scheduling in case of uncertainty models and methods of scheduling in case of uncertainty. Chapter 8 highlights contract types and payment schedules. It explores identification and allocation of risk in contracts, project control issues, disputes and resolution management. Different models and decision support systems are presented in Chapter 9 in order to investigate client-contractor negotiations and the bidding process from different aspects. Chapter 10 covers monitoring and control, mainly the processes and methods behind them. Chapter 11 brings together qualitative and quantitative techniques with simulation and software applications. The design of a risk management process is introduced in detail and at the hand of a case study. Chapter 12 examines several models and approaches of uncertainty in project scheduling, dealing with various aspects of stochastic nature of the decision environment and robustness. Chapter 13 explains the mathematical formulation and solution procedures for resource constrained project scheduling. The project selection problem is inherently a multi-objective problem and is treated as such in Chapter 14. Several models and solution techniques including robust selection methods are introduced. Finally Chapter 15 evaluates recent approaches and promising research areas in project management including strategic project management, agile approaches, and data management in project modeling in the big data era.

An Introduction to Project Modeling and Planning

An Introduction to Project Modeling and Planning PDF Author: Gündüz Ulusoy
Publisher: Springer Nature
ISBN: 3030614239
Category : Business & Economics
Languages : en
Pages : 494

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Book Description
This textbook teaches the basic concepts and methods of project management but also explains how to convert them to useful results in practice. Project management offers a promising working area for theoretical and practical applications, and developing software and decision support systems (DSS). This book specifically focuses on project planning and control, with an emphasis on mathematical modeling. Models and algorithms establish a good starting point for students to study the relevant literature and support pursuing academic work in related fields. The book provides an introduction to theoretical concepts, and it also provides detailed explanations, application examples, and case studies that deal with real-life problems. The chapter topics include questions that underlie critical thinking, interpretation, analytics, and making comparisons. Learning outcomes are defined and the content of the book is structured following these goals. Chapter 1 begins by introducing the basic concepts, methods, and processes of project management. This Chapter constitutes the base for defining and modeling project management problems. Chapter 2 explores the fundamentals of organizing and managing projects from an organization’s perspective. Issues related to project team formation, the role of project managers, and organization types are discussed. Chapter 3 is devoted to project planning and network modeling of projects, covering fundamental concepts such as project scope, Work Breakdown Structure (WBS), Organizational Breakdown Structure (OBS), Cost Breakdown Structure (CBS), project network modeling, activity duration, and cost estimating, activity-based costing (ABC), data and knowledge management. Chapter 4 introduces deterministic scheduling models, which can be used in constructing the time schedules. Models employing time-based and finance-based objectives are introduced. The CPM is covered. The unconstrained version of maximizing Net Present Value (NPV) is also treated here together with the case of time-dependent cash flows. Chapter 5 focuses on the time/cost trade-off problem, explaining how to reduce the duration of some of the activities and therefore reduce the project duration at the expense of additional costs. This topic is addressed for both continuous and discrete cases. Chapter 6 discusses models and methods of scheduling under uncertain activity durations. PERT is introduced for minimizing the expected project duration and extended to the PERT-Costing method for minimizing the expected project cost. Simulation is presented as another approach for dealing with the uncertainty in activity durations and costs. To demonstrate the use of the PERT, a case study on constructing an earthquake-resistant residential house is presented. Classifications of resource and schedule types are given in Chapter 7, and exact and heuristic solution procedures for the single- and multi-mode resource constrained project scheduling problem (RCPSP) are presented. The objective of maximizing NPV under resource constraints is addressed, and the capital-constrained project scheduling model is introduced. In Chapter 8, resource leveling, and further resource management problems are introduced. Total adjustment cost and resource availability cost problems are introduced. Various exact models are investigated. A heuristic solution procedure for the resource leveling problem is presented in detail. Also, resource portfolio management policies and the resource portfolio management problem are discussed. A case study on resource leveling dealing with the annual audit project of a major corporation is presented. Project contract types and payment schedules constitute the topics of Chapter 9. Contracts are legal documents reflecting the results of some form of client-contractor negotiations and sometimes of a bidding process, which deserve closer attention. Identification and allocation of risk in contracts, project control issues, disputes, and resolution management are further topics covered in this Chapter. A bidding model is presented to investigate client-contractor negotiations and the bidding process from different aspects. Chapter 10 focuses on processes and methods for project monitoring and control. Earned Value Management is studied to measure the project performance throughout the life of a project and to estimate the expected project time and cost based on the current status of the project. How to incorporate inflation into the analysis is presented. In Chapter 11, qualitative and quantitative techniques including decision trees, simulation, and software applications are introduced. Risk phases are defined and building a risk register is addressed. An example risk breakdown structure is presented. The design of risk management processes is introduced, and risk response planning strategies are discussed. At the end of the Chapter, the quantitative risk analysis is demonstrated at the hand of a team discussion case study. Chapter 12 covers several models and approaches dealing with various stochastic aspects of the decision environment. Stochastic models, generation of robust schedules, use of reactive and fuzzy approaches are presented. Sensitivity and scenario analysis are introduced. Also, simulation analysis, which is widely used to analyze the impacts of uncertainty on project goals, is presented. Chapter 13 addresses repetitive projects that involve the production or construction of similar units in batches such as railway cars or residential houses. Particularly in the construction industry repetitive projects represent a large portion of the work accomplished in this sector of the economy. A case study on the 50 km section of a motorway project is used for demonstrating the handling of repetitive project management. How best to select one or more of a set of candidate projects to maintain a project portfolio is an important problem for project-based organizations with limited resources. The project selection problem is inherently a multi-objective problem and is treated as such in Chapter 14. Several models and solution techniques are introduced. A multi-objective, multi-period project selection and scheduling model is presented. A case study that addresses a project portfolio selection and scheduling problem for the construction of a set of dams in a region is presented. Finally, Chapter 15 discusses three promising research areas in project management in detail: (i) Sustainability and Project Management, (ii) Project Management in the Era of Big Data, and (iii) the Fourth Industrial Revolution and the New Age Project Management. We elaborate on the importance of sustainability in project management practices, discuss how developments in data analytics might impact project life cycle management, and speculate how the infinite possibilities of the Fourth Industrial Revolution and the new technologies will transform project management practices.

An Introduction to Project Planning

An Introduction to Project Planning PDF Author: Jack Gido
Publisher: Project Planning Assoc
ISBN: 9780961332204
Category : Technology & Engineering
Languages : en
Pages : 168

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Book Description


Sustainability in Project Management

Sustainability in Project Management PDF Author: Gilbert Silvius
Publisher: Routledge
ISBN: 1351896563
Category : Technology & Engineering
Languages : en
Pages : 133

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Book Description
The concept of sustainability has grown in recognition and importance. The pressure on companies to broaden their reporting and accountability from economic performance for shareholders, to sustainability performance for all stakeholders is leading to a change of mindset in consumer behaviour and corporate policies. How can we develop prosperity without compromising the life and needs of future generations? Sustainability in Project Management explores and identifies the questions surrounding the integration of the concepts of sustainability in projects and project management and provides valuable guidance and insights. Sustainability relates to multiple perspectives, economical, environmental and social, but also to responsibility and accountability and values in terms of ethics, fairness and equality. The authors will inspire project managers to be aware of these considerations, and to apply them to the role they play in projects, not just 'doing things right' but 'doing the right things right'.

Strategic Planning for Project Management Using a Project Management Maturity Model

Strategic Planning for Project Management Using a Project Management Maturity Model PDF Author: Harold Kerzner
Publisher: John Wiley & Sons
ISBN: 047143664X
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
"It has often been said that 'to improve, one must be prepared to measure the improvement' and 'one must inspect what one expects.' The Kerzner Project Management Maturity Model has provided this tangible measure of maturity. The rest is up to a company to set the expectations and to inspect the results."--Bill Marshall, Nortel Global Project Process Standards (from the Foreword) Strategic planning for project management-a proven model for assessment and continuous improvement Harold Kerzner's landmark Project Management has long been the reference of choice for outstanding coverage of the basic principles and concepts of project management. Now, with the Project Management Maturity Model (PMMM) detailed in this new book, Kerzner has developed a unique, industry-validated tool for helping companies assess their progress in integrating project management throughout their organization. Strategic Planning for Project Management Using a Project Management Maturity Model begins by examining the principles of strategic planning and how they relate to project management. The second part of the book introduces the PMMM, detailing the five different levels of development for achieving maturity, along with benchmarking instruments for measuring an organization's progress along the maturity curve. These assessment tools can easily be customized to suit individual companies-a particularly valuable feature of the model. Offering vital guidance for making project management a strategic tool for competitive advantage, this book helps managers, engineers, project team members, business consultants, and others build a powerful foundation for company improvement and excellence.

Water Resource Systems Planning and Management

Water Resource Systems Planning and Management PDF Author: Daniel P. Loucks
Publisher: Springer
ISBN: 3319442341
Category : Technology & Engineering
Languages : en
Pages : 624

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Book Description
This book is open access under a CC BY-NC 4.0 license. This revised, updated textbook presents a systems approach to the planning, management, and operation of water resources infrastructure in the environment. Previously published in 2005 by UNESCO and Deltares (Delft Hydraulics at the time), this new edition, written again with contributions from Jery R. Stedinger, Jozef P. M. Dijkman, and Monique T. Villars, is aimed equally at students and professionals. It introduces readers to the concept of viewing issues involving water resources as a system of multiple interacting components and scales. It offers guidelines for initiating and carrying out water resource system planning and management projects. It introduces alternative optimization, simulation, and statistical methods useful for project identification, design, siting, operation and evaluation and for studying post-planning issues. The authors cover both basin-wide and urban water issues and present ways of identifying and evaluating alternatives for addressing multiple-purpose and multi-objective water quantity and quality management challenges. Reinforced with cases studies, exercises, and media supplements throughout, the text is ideal for upper-level undergraduate and graduate courses in water resource planning and management as well as for practicing planners and engineers in the field.

A Comprehensive Guide to Project Management Schedule and Cost Control

A Comprehensive Guide to Project Management Schedule and Cost Control PDF Author: Randal Wilson
Publisher: Pearson Education
ISBN: 0133573125
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Master all the modern project scheduling and cost control techniques you need, in one focused tutorial! Randal Wilson's Project Schedule & Cost Control isn't your typical project management guide: it's 100% focused on the specific principles, techniques, and best-practice methodologies of scheduling and cost control. Wilson illuminates key issues through the extensive use of graphs, charts, case studies, and worked examples; and calls your attention to crucial issues that "generic" PM books ignore. Coverage includes: Project structures, including differences between projects and programs, and how those differences affect costing and scheduling Initiation: how projects start, how to develop project charters and stakeholder registers, and how to manage stakeholders Planning, in depth: what costs must be addressed, and what schedule constraints must be considered Project schedule analysis: activity definition, WBS, and work packages; activity sequencing and diagramming; proven methodologies for estimating resources and activity durations; and schedule development Project cost analysis: gathering and estimating all project costs, including labor, materials, vendor bids, subcontractors, contracts, equipment, facilities, and direct/indirect costs. Budgeting via top-down, bottom-up, and activity-based methods Project monitoring and control: earned value, tracking Gantt, S-Curves, performance reviews, milestone analysis, change control systems, estimate at completion, forecasting, and much more For both project management newcomers and working project managers who need to sharpen their skills

Using the Project Management Maturity Model

Using the Project Management Maturity Model PDF Author: Harold Kerzner
Publisher: John Wiley & Sons
ISBN: 1118000315
Category : Technology & Engineering
Languages : en
Pages : 276

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Book Description
Updated for today's businesses-a proven model FOR assessment and ongoing improvement Using the Project Management Maturity Model, Second Edition is the updated edition of Harold Kerzner's renowned book covering his Project Management Maturity Model (PMMM). In this hands-on book, Kerzner offers a unique, industry-validated tool for helping companies of all sizes assess and improve their progress in integrating project management into every part of their organizations. Conveniently organized into two sections, this Second Edition begins with an examination of strategic planning principles and the ways they relate to project management. In the second section, PMMM is introduced with in-depth coverage of the five different levels of development for achieving maturity. Easily adaptable benchmarking instruments for measuring an organization's progress along the maturity curve make this a practical guide for any type of company. Complete with an associated Web site packed with both teaching and learning tools, Using the Project Management Maturity Model, Second Edition helps managers, engineers, project team members, business consultants, and others build a powerful foundation for company improvement and excellence.

Computational Intelligence in Engineering and Project Management

Computational Intelligence in Engineering and Project Management PDF Author: Pedro Yobanis Piñero Pérez
Publisher: Springer Nature
ISBN: 303150495X
Category :
Languages : en
Pages : 365

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Book Description


Introduction to Project Planning

Introduction to Project Planning PDF Author: Association for Project Management. Planning Specific Interest Group
Publisher:
ISBN: 9781903494288
Category : Network analysis (Planning)
Languages : en
Pages : 38

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Book Description