Showing posts with label WBS. Show all posts
Showing posts with label WBS. Show all posts

Tuesday, September 16, 2008

Project Management

Oftentimes I have been asked how is it to manage a project. Is there a technique or rules to follow? There are tools we can use depending on the project and resources available but there are common tools we use in Project Management.

1. Milestone chart combined with a GANTT chart is the most commonly used PM tool. A major benefit of this chart is it easy to understand and gives great deal of information in a single presentation.




2. WBS - Work Breakdown Structure

It is a tree like diagram that captures all the work of a project in an organized way. It is often portrayed graphically as a hierarchical tree, however, it can also be a tabular list of "element" categories and tasks or the indented task list that appears in your Gantt chart schedule.

The WBS is commonly used at the beginning of a project for defining project scope, organizing Gantt schedules and estimating costs.

Figure here shows an example of a WBS.



3. S Curve

The S Curve is a well known project management tool and it consists in "a display of cumulative costs, labour hours or other quantities plotted against time".The name derives from the S-like shape of the curve, flatter at the beginning and end and steeper in the middle, because this is the way most of the projects look like.

The S curve can be considered as an indicator and it's used for many applications related to project management such as: target, baseline, cost, time etc. That's why there is a variety of S Curves such as:
-Cost versus Time S Curve;(appropriate for projects that contain labour and non-labour tasks).
-Target S Curve;(This S Curve reflects the ideal progress of the project if all tasks are completed as currently scheduled)
-Value and Percentage S Curves;(Percentage S Curves are useful for calculating the project's actual percentage complete)
-Actual S Curve;(This S Curve reflects the actual progress of the project to date)

Figure here shows an S curve generated from MS Project




4. PERT/CPM

With this I recommend this article

http://www.envisionsoftware.com/articles/Pert_Chart.html



I also recommend of using a tracking system for software development project. Below is an open source system you might consider using.

http://trac.edgewall.org/