EssayShort Answer 1 Identify in order the six steps basic to

Essay/Short Answer

1. Identify, in order, the six steps basic to both PERT and CPM.

2. What is a tracking signal? Explain the connection between adaptive smoothing & tracking signals.

3. Identify the external product development strategies; describe each in a sentence or two.

4. What is a poka-yoke? Give an example.

5. What is the difference between natural and assignable causes of variation?

Solution

The six basic steps common to both PERT and CPM are mentioned below.

Step 1. Project definition and significant activities involved in the project are mentioned.

Step 2. After defining the project and identifying the activities involved, sequencing them.

Step 3. Drawing a network diagram on the basis of sequencing of activities.

Step 4. Each task or activity is then assigned time and costs related to it.

Step 5. After assigning time we calculate the longest path which means also calculating the longest time whole process of all activities will take. Also identifying the critical path which is important and needs to be maintained as per schedule otherwise whole project may be delayed and costs will rise.

Step 6. The last step is to monitor and evaluate the project on the basis of network diagrams.