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PCM Report-Network Analysis

Network analysis refers to techniques used for planning, managing, and controlling projects. It aims to reduce total time, cost, idle resources, interruptions and conflicts. A network is a visual representation of the interrelated flows of work that must be completed for a project. It depicts the logically sequenced activities and events. Managerial applications of network analysis include assembly line scheduling, research and development, inventory planning, and launching new products. Network techniques developed include PERT, CPM, RAMS, and GERT. The critical path method (CPM) is a network analysis technique used to determine the critical path and duration of a project.

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40 views

PCM Report-Network Analysis

Network analysis refers to techniques used for planning, managing, and controlling projects. It aims to reduce total time, cost, idle resources, interruptions and conflicts. A network is a visual representation of the interrelated flows of work that must be completed for a project. It depicts the logically sequenced activities and events. Managerial applications of network analysis include assembly line scheduling, research and development, inventory planning, and launching new products. Network techniques developed include PERT, CPM, RAMS, and GERT. The critical path method (CPM) is a network analysis technique used to determine the critical path and duration of a project.

Uploaded by

ayessa evangelista
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Network Analysis:

The general name given to certain specific techniques which can be used for the planning,
management, and control of projects. Some use the term network analysis synonymously with
critical path method (CPM), critical path analysis (CPA), and program evaluation and review
technique (PERT). Others denote CPM and PERT as techniques under network analysis. 
The network analysis fulfils the objectives of reducing total time, cost, idle resources,
interruptions and conflicts.
Network:
A visual representation of the interrelated flows of work that must be fulfilled to complete a
project. It portrays the events and activities that are planned for the project and allows their
sequential relationships and interdependencies. Generally, networks flow from left to right and
may or may not be drawn to scale on a time-based calendar.

Essentially, a network is a graphical representation of logical and sequentially connected


activities and events in a project.

Managerial applications of network analysis are as follows:


1. Assembly line scheduling,
2. Research and development,
3. Inventory planning and control,
4. Shifting of manufacturing plant from one site to another,
5. Launching of new products and advertising campaigns,
6. Control of traffic flow in cities,
7. Budget and audit procedures,
8. Launching space programmes,
9. Installation of new equipment,
10. Long-range planning and developing staffing plans, etc.

Network techniques:
A number of network techniques, given below have been developed in recent times:
1. PERT- Programme Evaluation and Review Technique
2. CPM- Critical Path Method
3. RAMS- Resource Allocation and Multi-project Scheduling
4. PEP- Programme Evolution Procedure
5. COPAC- Critical Operating Production Allocation Control
6. MAP- Manpower Allocation Procedure
7. RPSM- Resource Planning and Scheduling Method
8. LCS- Least Cost Scheduling
9. MOSS- Multi-Operation Scheduling System
10. PCS- Project Control System
11. GERT- Graphical Evaluation Review Technique.

There are two main types of network diagrams in project management: the arrow diagramming
method (ADM), also known as “activity network diagram” or “activity on arrow”; and the
precedence diagramming method (PDM), also known as “node network” or “activity on node.”

What is the use of network analysis in project management?


Network analysis is mainly used to determine the project network's critical path and duration.
Critical activities are those for which time and resources are sufficient to complete on time.
Hence it requires proper attention.

What is the critical path method for network analysis in project management?

The critical path method (CPM) is a method for network analysis in project management. This
method is generally used for the repetitive type of project. This method considers only a one-
time estimate of the activities.

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