Direct Cost
Anything that associated w/ discreet physical part of project
Ex. labor, material, equipment
Indirect Cost
Anything that can’t be associated w/ discreet physical part of project
Ex. Utilities, overhead expenses, salaries
Total Float (TF)
Max. delay of ES without affecting the overall project duration
Free Float (FF)
Max. delay of ES without affecting ES of any succeeding acitivity
Interfering Float (IF)
Delay of acitivity’s ES in the preceeding activity used up
Critical Path (CP)
Logical Limit
of days to reduce before creating another critical path
Physical Limit
Most # of days to reduce as possible
Work breakdown structure (WBS)
Identify specific activities of work required
Non-network schedule
Gantt Chart
- hard to show effects of delays and changes
Network Schedule
AOA diagrams
AON diagrams
Why level resources?
Why crash schedule?
Cost slope formula
(Crash cost - Direct cost) / Crash duration
Early Start (ES)
Lastest EF of all IPA
Early Finish (EF)
ES + Dur
Late Start (LS)
LF - Dur
Late Finish (LF)
Earliest LS of succeding activity
Steps of schedule crashing
What are the steps of resource leveling on MS project
When levelling resources, which activities have priority?
Activities w/ the earliest LS
Steps of manual resource leveling