Operations Strategy and Timeline of Managed Project Coursework

Operations Strategy and Timeline of Managed Project - Coursework Example Starting from the last activity that is K the latest finish time calculated by adding up the earliest start time with the time taken for the activity K. Then time taken by each activity is subtracted accordingly so as to determine the latest finish time of every precedent activity. The critical path of the project is the longest path on the network or the maximum time that the project will take. In this case, the critical path would be from C to F to G to H to J to K as this path will the longest time. The time taken on the critical path will be: The activity H is the user acceptance testing which is a critical activity in this project as the activity lies on the critical path. The current length of the critical path will increase by three weeks as due to the delay of three weeks in activity H. This activity is the user acceptance testing where the user of the software make their decisions regarding acceptance of the software which shall be used for the operations managers are the next activities that are connected to Hare J i.e. implementation and K i.e. handover. The three weeks delay in activity H can be handled appropriately by shortening the times that the next activities consume. The next activities are connected with the activity H, as J is the activity where implementation of the software is done which can be set short as when the user acceptance testing takes time then the user modifications are fully understood and implemented. When the user specifications fully satisfy the implementation stage can be cut short in o rder to affirm that the critical time for the project does not exceed. The activity H lies on the critical path and the delay in this activity will cause serious troubles regarding the extension in critical time for the completion of the project.  

Project closurecompleted projects vs. terminated projects Assignment

Project closurecompleted projects vs. terminated projects - Assignment Example Closing. The project work has been completed within schedule, budget and performance parameters identified during the planning phase and the project has met its end objectives. This is also unknown as Natural Closure. A project may end prematurely because either it has not met its end objectives or is expected to fail. Another reason for closing the project could be that it is no longer aligned with corporate strategy. Termination by Extinction. The project ends prematurely because it did not meet its end objectives or was expected to fail. Another special case is referred to as â€Å"termination by murder† where the project ends suddenly due to political or accidental reasons. Termination by Integration. This is the most common and most complex method of dealing with successful projects. In this case, the output and resources of the project are distributed among the existing units of the parent organization. Termination by Starvation. This is termination of the project through budget decrements. There may be several reasons from perspective of senior management, political implications to obsolescence of the project output that may cause reduction in project budget. Procedure for closing a terminated project is similar to that of closing a successful project as it follows the same administrative closure procedure and contract closure procedure. Archibald (2003) suggest checklists as a preferred tool for terminating the project. Kerzner and Thamhain (1986) advocated listing of activities for contract administration, marketing and finance management to review process for project closing. Below is a sample check list proposed by Meredith and Mantel (1995) for terminating a project. Project closure refers to completion of all the activities across the project. This involves the procedures for verifying and documenting the project deliverables. The