LearnOpex

Information

• If you are ever responsible for coordinating a variety of specific tasks that must be completed within a specific timeframe for a set amount of money, you are a project manager and then this tutorial is for you.

• Developing a software product, publishing a newsletter, implementing a training program, starting a new business or even building a new home are some of the projects that millions of people embark upon everyday.

• It helps you put together a plan of action, fill in and organize all the details that must be completed in order to achieve your goal. Right from building a new project to preparing your project for publication, tracking progress, analyzing costs, assessing the quality of your project and managing multiple projects, Microsoft Project does it all.

• Microsoft Office Project Standard gives you robust project management tools with the right blend of usability, power, and flexibility, so you can manage projects more efficiently and effectively.

• To summarize, Microsoft Project helps you stay in control with minimum effort and in minimum time.

Course Content

Project Scheduling

Project managers have a variety of tools to develop a project schedule - from the relatively simple process of action planning for small projects, to use of Gantt Charts and Network Analysis for large projects. One of the biggest reasons that projects over-run is that the 'final' polishing and error-correction takes very much longer than anticipated. In this way, projects can seem to be '80% complete' for 80% of the time! What's worse, these projects can seem to be on schedule until, all of a sudden, they over-run radically. A good way of avoiding this is to schedule projects in distinct stages, where final quality, finished components are delivered at the end of each stage. This way, quality problems can be identified early on, and rectified before they seriously threaten the project schedule

Schedule Network Analysis

This is a graphic representation of the project's activities, the time it takes to complete them, and the sequence in which they must be done. Project management software is typically used to create these analyses - Gantt charts and PERT Charts are common formats.

Critical Path Analysis

This is the process of looking at all of the activities that must be completed, and calculating the 'best line' - or critical path - to take so that you'll complete the project in the minimum amount of time. The method calculates the earliest and latest possible start and finish times for project activities, and it estimates the dependencies among them to create a schedule of critical activities and dates

Schedule Compression

This tool helps shorten the total duration of a project by decreasing the time allotted for certain activities. It's done so that you can meet time constraints, and still keep the original scope of the project. Crashing and Fast tracking are the methods for the same.

Leveling Resources

Here, you rearrange the sequence of activities to address the possibility of unavailable resources, and to make sure that excessive demand is not put on resources at any point in time. If resources are available only in limited quantities, then you change the timing of activities so that the most critical activities have enough resources

Project Tracking

Project Tacking is very important aspect of project schedule. It gives clear picture about status of Project and changes need to be done to keep project to complete in time limit.

Project Reports

Project Reports give details about resources allocations like working labor hours, no of labors, criticality of resources, budget details and overload calculations.

Work Allocation

Work Allocation is optimizing working hours and manpower to complete project on schedule. Work allocation should be adequate to different areas of project.

Overload Calculations

Overload is critical part of project in any phase. Overload adds cost to the project.

Project Budgeting

A budget is one of those pivotal tools that is used across many departments within a company. For the developers, it dictates how much time to spend on specific areas of the application. For the project manager, it's a baseline used to determine whether the project is on track. For sales or the client, it correlates directly to the success of the effort. It's no surprise that one of the biggest issues in creating a budget is interpretation