1. Project Activity and Risk Planning

2. What are Projects? Group of Activities Beginning, Middle, End
Well-Defined End Result

3. Examples of Projects Construction Research and Development
Design of New Product or Process
Spacecraft
Wedding
Can You Think of Projects?
Can You Think of Non-Projects?

4. Project Life Cycle

5. Project Planning Consists of:
Purpose
Objectives
Overview
Contracts

6. Project Planning Consists of:
Schedules (PERT/CPM)
Resources
Personnel
These Areas Can Be Handled Well with Microsoft Project and Other Software

7. Project Planning Consists of:
Potential Problems and Risks
Risk Management Planning
Risk Identification
Qualitative Risk Analysis
(Risk Matrix)
Quantitative Risk Analysis
(Probabilities, Simulation)
Evaluation and Control (Feedback)

8. Initial Project Planning: Draw System Boundaries
A System Consists of the Following:
Mission and Goals
- Objectives
- Performance
- Effectiveness
- Cost
Environment
Resources
Subsystems

9. In Project Planning Activities Must be Identified
Activities are Groups of Work Elements or Tasks with:
Similar Technology & Groups of Personnel
Single Duration of Time (Activity Completion is Event)
Definite Beginning & End

10. List of Activities Can Be Developed with:
“Gozinto” Chart
Bill of Materials
Work Breakdown Structure (WBS) Basically a “Bill of Work Units”

11. Work Breakdown Structure (WBS)

12. WBS Information For Each Work Element (Activity) We Need:
Work Statement (Input/Output)
Vendors, Contacts, Subcontractors
End Item Specifications
Cost Accounting Numbers & Costs (ABC) (Assigns Activities to Cost Drivers to Costs – E.g. Activity A to Labor Hours to Labor Costs)

13. WBS Information For Each Work Element (Activity) We Need:
Resource Needs
Personnel (Linear Responsibility Chart or RACI Matrix)
Times (Scheduling, PERT/CPM, Gantt Charts)
Sequence Requirements

14. Activity Analysis: Example One
Activity Description Follows Days
A Define Problem
B Lease Computer
C Obtain Data A, B 4
D Determine Alternatives A, B 1
E Feasible Alternatives D 1
F Evaluation & Modeling C, E 5
G Find Best Alternative F 1
H Implementation G 3

15. Activity Analysis: Example Two
Activity Description Follows Days X Y Z
A X, Y 1
B X, Y, Z 2
Draw Activity-On-Node (AON or CPM) Diagram.
Draw Activity-On-Arrow (AOA or PERT) Diagram.

16. Activity Analysis: Example Three
Activity Description Follows
a Plan Survey
b Hire Personnel a
c Design Questionnaire a
d Train Personnel b,c
e Select Households c
f Print Questionnaire c
g Conduct Survey d,e,f
h Analyze Results g
Draw Activity-On-Node (AON or CPM) Diagram.
Draw Activity-On-Arrow (AOA or PERT) Diagram.