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PERT, CPM & OTHER TOOLS OF PROJECT MANAGEMENT FOR  INTRAPRENEURS  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
My word..... ,[object Object]
What is CPM ?  Critical Path Method = here we try to identify the critical path for completion of a project. Cricial = very important  When we are implementing a project, we are doing a series of activities, which are called project. There are many ways to do a project. In CPM, we try to pick up the path which consists of all the activities which cannot be delayed.  This path requires greater attention.
Why is CPM more important ?  If an activity is on CPM, it cannot be delayed. Other activities can be delayed, but the activities on CPM cannot be delayed. Delay of one day will delay the project.
What is SLACK?  You can delay other activities  (other than Critical Path activities ).  thus there is slack (means you can delay some activities ).  Slack denotes flexibility / freedom / ease on the part of those implementing the project
What is PERT ?  PERT = programme evaluation and review technique  Here we try to look at each activity and try to find out expected time to complete the project.
What is the difference between PERT & CPM?  PERT gives us the best possible estimate of doing the project ( in time).  CPM tells us about activities which are critical (delay in these activities will delay the project
 
What are standards ?  ,[object Object]
What is the process of control?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
What are the essentials of effective control system ?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is a budget ?  ,[object Object],[object Object],[object Object],[object Object]
What are the types of budgets ?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Type of budget relating to production?  ,[object Object],[object Object],[object Object],[object Object]
What is budget balance sheet ?  ,[object Object]
What is the role of budget committee?  ,[object Object]
What are the roles of budget committee?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is budgetary control?  ,[object Object],[object Object],[object Object],[object Object]
What is a budgetary control system?  ,[object Object]
 
WHAT IS A BUDGET ?  ,[object Object]
What is budget manual ?  ,[object Object]
What is a budget key factor?  ,[object Object],[object Object]
What is capital expenditure budget?  ,[object Object]
What is a flexible budget ?  ,[object Object],[object Object]
 
What is a zero base budgeting ?  ,[object Object]
What is performance budgeting ?  ,[object Object]
What is a master budget?  ,[object Object]
What are the dangers of budgeting ?  It creates inflexibility  There is a possibility of over or under budgeting (both the situation create problems)  budget creates rigidity  Budgets takes away attention from main objectives  People give more importance to budget (not to the ultimate goals of the organisation ).
Effective budgeting ?  The budget should be related to the goals of the organisation.  Budget should be able to link the performance to the mission and vision of the organisation  There should be flexible budgeting  budget should be formulated by employee participation  Budget should be actually implemented  Budget limiting factors must be specified
How else can control be maintained ?  Personal observation  Guidance  Feedback  Statistical Data analysis  Ratio analysis  Break Even Analysis  Analysis of financial data
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Download resources on entrepreneurship  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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THANKS.... ,[object Object],[object Object],[object Object]

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Pert, cpm and other tools of project management for intrapreneurs

  • 1.
  • 2.
  • 3. What is CPM ? Critical Path Method = here we try to identify the critical path for completion of a project. Cricial = very important When we are implementing a project, we are doing a series of activities, which are called project. There are many ways to do a project. In CPM, we try to pick up the path which consists of all the activities which cannot be delayed. This path requires greater attention.
  • 4. Why is CPM more important ? If an activity is on CPM, it cannot be delayed. Other activities can be delayed, but the activities on CPM cannot be delayed. Delay of one day will delay the project.
  • 5. What is SLACK? You can delay other activities (other than Critical Path activities ). thus there is slack (means you can delay some activities ). Slack denotes flexibility / freedom / ease on the part of those implementing the project
  • 6. What is PERT ? PERT = programme evaluation and review technique Here we try to look at each activity and try to find out expected time to complete the project.
  • 7. What is the difference between PERT & CPM? PERT gives us the best possible estimate of doing the project ( in time). CPM tells us about activities which are critical (delay in these activities will delay the project
  • 8.  
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.  
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.  
  • 27.
  • 28.
  • 29.
  • 30. What are the dangers of budgeting ? It creates inflexibility There is a possibility of over or under budgeting (both the situation create problems) budget creates rigidity Budgets takes away attention from main objectives People give more importance to budget (not to the ultimate goals of the organisation ).
  • 31. Effective budgeting ? The budget should be related to the goals of the organisation. Budget should be able to link the performance to the mission and vision of the organisation There should be flexible budgeting budget should be formulated by employee participation Budget should be actually implemented Budget limiting factors must be specified
  • 32. How else can control be maintained ? Personal observation Guidance Feedback Statistical Data analysis Ratio analysis Break Even Analysis Analysis of financial data
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.