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In project management, resource smoothing is defined by A Guide to the Project Management Body of Knowledge (PMBOK Guide) as a "resource optimization technique in which free and total float are used without affecting the critical path" of a project. [1] Resource smoothing as a resource optimization technique has only been introduced in the ...
A resource-leveled schedule may include delays due to resource bottlenecks (i.e., unavailability of a resource at the required time), and may cause a previously shorter path to become the longest or most "resource critical" path while a resource-smoothed schedule avoids impacting the critical path by using only free and total float. [14]
Schedule compression refers to a series of techniques used to shorten the duration of a project without compromising the result. Common schedule compression techniques include crashing, fast-tracking and resource reallocation. [1] [2]
These projects are called repetitive or linear projects. The main advantages of LSM over critical path method (CPM) is its underlying idea of keeping resources continuously at work. In other words, it schedules activities in such a way that: resource utilization is maximized;
In project management, resources are required to carry out the project tasks. These can be people, equipment, facilities, funding, or anything else capable of definition (usually other than labour) required for the completion of a project activity. [1] The lack of a resource can therefore be a constraint on the completion of the project activity.
In a project plan, the critical chain is the sequence of both precedence- and resource-dependent tasks that prevents a project from being completed in a shorter time, given finite resources. If resources are always available in unlimited quantities, then a project's critical chain is identical to its critical path method .
In project management, resource leveling is defined by A Guide to the Project Management Body of Knowledge (PMBOK Guide) as "A technique in which start and finish dates are adjusted based on resource limitation with the goal of balancing demand for resources with the available supply."
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule.