technology management & innovation introduction to project management (ii) project planning methods & tools

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1 technology management & innovation introduction to project management (ii) project planning methods & tools VI.1

2 Project Culture TIME project RESOURCES MONEY VI.2

3 OBJECTIVE evaluate a new technology Project Planning DELIVERABLES TASK LIST written report and presentation review IP analyse performance determine manufacturing compare with competition (SWOT) make recommendation prepare the report & presentation plan your projects from the top down VI.3

4 ID Task Name Duration Start Finish Predecessors Resource Names 1 TM&I course days Wed 02/12/09 Wed 02/12/09 2 Evaluate a Ne w Te chnology 19 days We d 02/12/09 Mon 28/12/ Project Start 0 days Wed 02/12/09 Wed 02/12/ Review IP 8 days Wed 02/12/09 Fri 11/12/ Evaluate Performance (Data) 1 day Mon 14/12/09 Mon 14/12/ Evaluate Manufacturing 2 days Tue 15/12/09 Wed 16/12/ Compare w ith competition 2 days Thu 17/12/09 Fri 18/12/ Make Recommendation 2 days Mon 21/12/09 Tue 22/12/ Prepare Report & Presentation 2 days Wed 23/12/09 Thu 24/12/ Presentation 2 days Fri 25/12/09 Mon 28/12/ compile task list specify chronology (order in which tasks occur) assign task durations the sum of all sequential task durations gives an estimate of the project duration ( end date ) 28 Project End 0 days Mon 28/12/09 Mon 28/12/09 26 VI.4

5 TM&I course 2009 Milestone Date: Wed 02/12/09 I D: 1 Evaluate a New Technology Start: 02/12/09 I D: 2 Finish: 28/12/09 Dur: 19 days Comp: 0% Project Start Milestone Date: Wed 02/12/09 I D: 4 Review IP Start: 02/12/09 I D: 6 Finish: 11/12/09 Dur: 8 days Comp: 0% Evaluate Performance (Data) Start: 14/12/09 I D: 16 Finish: 14/12/09 Dur: 1 day Tasks can be arranged in sequential steps (boxes), rather like a computer programme Evaluate Manufacturing Start: 15/12/09 I D: 18 Finish: 16/12/09 Dur: 2 days Compare with competition Start: 17/12/09 I D: 20 Finish: 18/12/09 Dur: 2 days Make Recommendation Start: 21/12/09 I D: 22 Finish: 22/12/09 Dur: 2 days Prepare Report & Presentation Start: 23/12/09 I D: 24 Finish: 24/12/09 Dur: 2 days This technique is known as a PERT chart Each box is a task, and has a start date, finish date & duration Presentation Start: 25/12/09 I D: 26 Finish: 28/12/09 Dur: 2 days Project End Milestone Date: Mon 28/12/09 I D: 28 VI.5

6 TM&I course 2009 Milestone Date: Wed 02/12/09 main tasks sub tasks I D: 1 Evaluate a New Technology Start: 02/12/09 I D: 2 Project Start Review IP Start: 02/12/09 I D: 6 define search keywords or IPC code Start: 02/12/09 I D: 7 Finish: 28/12/09 Dur: 19 days Milestone Date: Wed 02/12/09 Finish: 11/12/09 Dur: 8 days Finish: 02/12/09 Dur: 1 day Comp: 0% I D: 4 Comp: 0% Evaluate Performance (Data) Start: 14/12/09 I D: 16 Finish: 14/12/09 Dur: 1 day search patent databases Start: 03/12/09 I D: 8 Finish: 03/12/09 Dur: 1 day review hits Evaluate Manufacturing Start: 15/12/09 I D: 18 Finish: 16/12/09 Dur: 2 days Start: 04/12/09 I D: 9 Finish: 04/12/09 Dur: 1 day shortlist relevant hits Compare with competition Start: 07/12/09 I D: 10 Start: 17/12/09 I D: 20 Finish: 07/12/09 Dur: 1 day Finish: 18/12/09 Dur: 2 days Make Recommendation Start: 21/12/09 I D: 22 Finish: 22/12/09 Dur: 2 days map out and analyse patent landsca Start: 08/12/09 I D: 11 Finish: 08/12/09 Dur: 1 day Prepare Report & Presentation identify potential infringements / com Start: 23/12/09 I D: 24 Start: 09/12/09 I D: 12 Finish: 24/12/09 Dur: 2 days Finish: 09/12/09 Dur: 1 day Presentation Start: 25/12/09 I D: 26 Finish: 28/12/09 Dur: 2 days send results to lawer for due-dilligen Start: 10/12/09 I D: 13 Finish: 10/12/09 Dur: 1 day summarise & conclude in a brief repo Project End Start: 11/12/09 I D: 14 Finish: 11/12/09 Dur: 1 day Milestone Date: Mon 28/12/09 I D: 28 VI.6

7 Project Planning programme evaluation and review technique (PERT) PERT analysis good for logical flow and Critical Path Analysis (CPA) but hard to visualise actual task durations The Gantt chart provides a simple graphical representation of task duration, plotted as a function of time VI.7

8 The Project Gantt Chart VI.8

9 Gantt Chart easy to grasp at a glance good for explaining project plans to others impact of human resource changes clearly visible on timescale and end date good for monitoring project progress (more on this in next lecture) VI.9

10 TASK LIST DELIVERABLES OBJECTIVE TIMING PERT & CPA Gantt RESOURCE ALLOCATION RESOURCE VI.10

11 summary top down approach to project plans is common sense objective, deliverables, tasks, sub-tasks network diagram (PERT) illustrates task precedence (order) and helps to identify the critical path Gantt chart is good for explaining the project to others and clearly shows key project dates (e.g. milestones), and the effect resourcing has on these dates VI.11

12 homework task design a project plan for your Applied Chemistry Master s thesis I recommend you use MS-Project Professional 2007 prepare a Gantt chart of your project to clearly show tasks, duration and chronology (precedence), project start date, and end date (viva/graduation!) submission date 16/12/10 Download a free trial version of MS-Project here, or see Petar Kassel about using the lab PC in ZOAK VI.12