Module 4: Project Completion
Review and Future Directions

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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Prof.S.G.Deshmukh & Prof.Arun Kanda