PPT: Network Models Mechanical Engineering Notes | EduRev

Manufacturing and Industrial Engineering

Mechanical Engineering : PPT: Network Models Mechanical Engineering Notes | EduRev

 Page 1


Introduction 
? Network analysis is one of the important tools for project
management.
? Whether major or minor a project has to be completed in a definite
time & at a definite cost.
? The necessary information of any particular data can be represented
as a project network.
? These techniques are very useful for planning, scheduling and
executing large-time bound projects involving careful co-ordination
of variety of complex and interrelated activities
Page 2


Introduction 
? Network analysis is one of the important tools for project
management.
? Whether major or minor a project has to be completed in a definite
time & at a definite cost.
? The necessary information of any particular data can be represented
as a project network.
? These techniques are very useful for planning, scheduling and
executing large-time bound projects involving careful co-ordination
of variety of complex and interrelated activities
Objectives of network analysis
? Helpful in planning
? Inter-relationship of various activities
? Cost control
? Minimisation of maintenance time
? Reduction of time
? Control on idle resources 
? Avoiding delays, interruptions 
Page 3


Introduction 
? Network analysis is one of the important tools for project
management.
? Whether major or minor a project has to be completed in a definite
time & at a definite cost.
? The necessary information of any particular data can be represented
as a project network.
? These techniques are very useful for planning, scheduling and
executing large-time bound projects involving careful co-ordination
of variety of complex and interrelated activities
Objectives of network analysis
? Helpful in planning
? Inter-relationship of various activities
? Cost control
? Minimisation of maintenance time
? Reduction of time
? Control on idle resources 
? Avoiding delays, interruptions 
Applications of network analysis
? Planning, scheduling, monitoring and control of 
large and complex projects.
? Construction of factories, highways, building, 
bridges, cinemas etc.
? Helpful to army for  its missile development.
? Assembly line scheduling 
? Installation of computers and high tech 
machineries 
? To make marketing strategies
Page 4


Introduction 
? Network analysis is one of the important tools for project
management.
? Whether major or minor a project has to be completed in a definite
time & at a definite cost.
? The necessary information of any particular data can be represented
as a project network.
? These techniques are very useful for planning, scheduling and
executing large-time bound projects involving careful co-ordination
of variety of complex and interrelated activities
Objectives of network analysis
? Helpful in planning
? Inter-relationship of various activities
? Cost control
? Minimisation of maintenance time
? Reduction of time
? Control on idle resources 
? Avoiding delays, interruptions 
Applications of network analysis
? Planning, scheduling, monitoring and control of 
large and complex projects.
? Construction of factories, highways, building, 
bridges, cinemas etc.
? Helpful to army for  its missile development.
? Assembly line scheduling 
? Installation of computers and high tech 
machineries 
? To make marketing strategies
Methodology Involved in Network 
Analysis
Describing the Project
Diagramming the network
Estimating the time of completion
Deterministic
estimates
Probabilistic 
estimates
Monitoring the project progress
Page 5


Introduction 
? Network analysis is one of the important tools for project
management.
? Whether major or minor a project has to be completed in a definite
time & at a definite cost.
? The necessary information of any particular data can be represented
as a project network.
? These techniques are very useful for planning, scheduling and
executing large-time bound projects involving careful co-ordination
of variety of complex and interrelated activities
Objectives of network analysis
? Helpful in planning
? Inter-relationship of various activities
? Cost control
? Minimisation of maintenance time
? Reduction of time
? Control on idle resources 
? Avoiding delays, interruptions 
Applications of network analysis
? Planning, scheduling, monitoring and control of 
large and complex projects.
? Construction of factories, highways, building, 
bridges, cinemas etc.
? Helpful to army for  its missile development.
? Assembly line scheduling 
? Installation of computers and high tech 
machineries 
? To make marketing strategies
Methodology Involved in Network 
Analysis
Describing the Project
Diagramming the network
Estimating the time of completion
Deterministic
estimates
Probabilistic 
estimates
Monitoring the project progress
Key terminology
? Activity : All projects may be viewed as composed of activities. 
It is the smallest unit of work consuming both time& resources 
that project manager should schedule & control.
? An activity is represented by an arrow in network diagram
The head of the arrow shows sequence of 
activities.
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