Diagrammatic formats of project stages and sequences.
Table 46.1
Sequence for project control system.
Business case |
Cost/benefit analysis |
Set objectives |
DCF calculations |
Establish project life cycle |
Establish project phases |
Produce project management plan |
Produce budget (labour, plant, materials, overheads, etc.) |
Draw work breakdown structure |
Draw product breakdown structure |
Draw organization breakdown structure |
Draw responsibility matrix |
List all possible risks |
Carry out risk analysis |
Draw up risk management plan |
Produce risk register |
Table Continued |
Draw up activity list |
Draw network logic (freehand) |
Add activity durations |
Calculate forward pass |
Revise logic (maximize parallel activities) |
Calculate second forward pass |
Revise activity durations |
Calculate third forward pass |
Calculate backward pass |
Mark critical path (zero float) |
Draw final network on grid system |
Add activity numbers |
Draw bar chart (Gantt chart) |
Draw milestone slip chart |
Produce resource table |
Add resources to bar chart |
Aggregate resources |
Draw histogram |
Smooth resources (utilize float) |
Draw cumulative ‘S’ curve (to be used for EVA) |
List activities in numerical order |
Add budget values (person hours) |
Record weekly actual hours (direct and indirect) |
Record weekly % complete (in 5% steps) |
Calculate value hours weekly |
Calculate overall % complete weekly |
Calculate overall efficiency weekly |
Calculate anticipated final hours weekly |
Draw time/person hour curves (budget, planned, actual, value, anticipated final) |
Draw time/% curves (% planned, % complete, % efficiency) |
Analyse curves |
Take appropriate management action |
Calculate cost per activity (labour, plant, materials) |
Add costs to bar chart activities |
Aggregate costs |
Draw curve for plant and material costs (outflow) |
Draw curve for total cash OUT (this includes labour costs) |
Draw curve for total cash IN |
Analyse curves |
Calculate overdraft requirements |
Set up information distribution system |
Set up weekly monitoring and recording system |
Set up system for recording and assessing changes and extra work |
Set up reporting system |
Manage risks |
Set up regular progress meetings |
Write close-out report |
Close-out review |