Part of creating a project plan for any project you manage involves estimating how long each activity will take to complete. I would define the duration types as per the following: Optimistic (O): Best-case scenario. For further elaboration on this definition, please see the definitions for actual duration, original duration, and remaining duration. Simplilearn is one of the worlds leading providers of online training for Digital Marketing, Cloud Computing, Project Management, Data Science, IT, Software Development, and many other emerging technologies. If there are more than 10000 records, the remaining records can be accessed using the 'next' link available at the bottom of the response. To support project work, you may need the following types of resources: personnel, equipment, facilities, raw materials, information, and funds.
","description":"Part of creating a project plan for any project you manage involves estimating how long each activity will take to complete. Whether it's to pass that big test, qualify for that big promotion or even master that cooking technique; people who rely on dummies, rely on it to learn the critical skills and relevant information necessary for success. Therefore, accurately estimating that activitys duration requires you to describe its different aspects and determine the effect of each one on the activitys length.
\nWhen estimating an activitys duration, consider past experience, expert opinion, and other available sources of information to clarify the following components of the activity:
\n- \n
Work performed by people: Physical and mental activities that people perform, such as writing a report, assembling a piece of equipment, and thinking of ideas for an ad campaign
\n \n Work performed by nonhuman resources: Activities that computers and other machines perform, such as testing software on a computer and printing a report on a high-speed copy machine
\n \n Physical processes: Physical or chemical reactions, such as concrete curing, paint drying, and chemical reactions in a laboratory
\n \n Time delays: Time during which nothing is happening, such as needing to reserve a conference room two weeks before holding a meeting (Time delays are typically due to the unavailability of resources. The estimate isn't based on how long you want the activity to take or how long someone tells you it must take; the estimate is based on how long you think it really will take. Example B: alternate weighting If O=500, P=1,000, M=800 if EAD=(O + P + 2M)/4 = 775 Example C: Pessemistic weighting He calculates that it takes 4 days for 6 people to pour and set 800 cubic-ft of concrete into the trench. In the case of a construction project, for example, you may already have the activity duration: cutting 1,000 stones will take 8 hours, and so on. Activity duration is a noun that represents the specific quantity of time that exists between the designated start time and end time of a scheduled activity. When estimating an activitys duration, consider past experience, expert opinion, and other available sources of information to clarify the following components of the activity: Work performed by people: Physical and mental activities that people perform, such as writing a report, assembling a piece of equipment, and thinking of ideas for an ad campaign, Work performed by nonhuman resources: Activities that computers and other machines perform, such as testing software on a computer and printing a report on a high-speed copy machine, Physical processes: Physical or chemical reactions, such as concrete curing, paint drying, and chemical reactions in a laboratory, Time delays: Time during which nothing is happening, such as needing to reserve a conference room two weeks before holding a meeting (Time delays are typically due to the unavailability of resources.). Aspiring project managers must learn how to perform a variety of tasks in order to get a project started and estimating activity duration is one of them. To learn more about successfully managing projects of all types, look to Simplilearns online Project Management training courses including PMP Certification. Pouring time per cubic yard of concrete. [1] Schedule Development Steps Step 1: Activity Definition Step 2: Activity Sequencing Step 3: Activity Duration Estimation Step 4: Schedule Development Step 5: Schedule Control No federal endorsement of sponsors intended. Specifying the characteristics of the particular machine youll use to make copies can improve the activitys duration estimate.
\nTo support project work, you may need the following types of resources: personnel, equipment, facilities, raw materials, information, and funds. Duration of behaviours was compared when estimated from a 2-h period .
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Have a Beautiful (and Tasty) Thanksgiving, Strategic Approaches to Implementing and Managing Change, Steps to Successfully Become an Agile Organization, Agile Project Management: Know Your Customers.
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