NETWORK BASED PROJECT MANAGEMENT
- Strengths
- A network is a convenient logical representation
of a project, showing both activities and precedence.
- It facilitates scheduling, determination
of the floats and the critical path in the project
- Uncertainties in time can be handled through
PERT or through Simulation of networks
- Advanced analysis involving time/ cost
tradeoffs and resource considerations is easy to conduct
on the network
- Project monitoring and control is much
easier using the notion of work packages on a network, as
in PERT / Cost.
- The network defines the agenda for the
project team, with clear definition of responsibilities.
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