This assignment covers text chapters 13 and 14 Some question

This assignment covers text chapters 13 and 14. Some questions are adapted from Discussion Questions in the text. Be sure you complete all questions. Your answers should be well-documented and include detailed references to the readings and other sources of information.

The four components of any control model are discussed in Section 13.1. Apply these four components for a simple project such as paving a driveway. [MO6.2]

Gantt charts can of course be used as a means to measure performance. What are the advantages and disadvantages of using Gantt charts as a means of measuring performance? [MO6.3]

Provide an example, either from your experience or using your imagination, that illustrates the four principal types of project termination. [MO6.5]

Solution

Gantt chart used for evaluating performance of a project at specific point in time. Project team members with the help of Gantt chart track the project and update status of competition of the project.

Advantages –

Easy to use and understand the project scheduled and completion time.

Integrate and read the project status

Helps in project control

Disadvantages-

Gantt chart only provides present status of project

It does not help in forecasting of current project

Do not identify source of problem in the case of task slippage