This book assists project management professionals in resolving project
crashing situations through linear programming. It demonstrates how the
PM team can help streamline the project's on-time completion and cost
optimization.
The book begins with understanding project management processes and
frameworks such as WBS, PDM, and EVM. The book helps build familiarity
with the PM team's procedures to monitor a project. It helps investigate
linear programming problems (LPPs) and the mathematical foundations for
their formulation. It covers various approaches to solving the LPP,
including graphical methods, their limitations, and the necessity of
tools such as MS Excel's Solver. It also covers how the PM team can
solve LPP with the help of Solver.
This book covers various business and technical scenarios for crashing a
project. It teaches how to formulate the problem of optimizing a project
for time and cost using LPP. This book then discusses how LPP can be
solved using Solver and more complex issues. It also explores the
relationship between earned value management and crashing a project.
TABLE OF CONTENTS
1. Project Scheduling
2. Earned Value Method
3. Linear Programming Problems
4. Crashing a Project
5. Using LPP to Crash a Project
6. More Complex Problems
7. Linking EVM and LPP
8. Annexure I: Microsoft Excel Basics
9. Annexure II: Advanced Methods of Crashing a Project