Saturday, February 3, 2018

Budgeting and Scheduling

This week was an incredible week as I learned how to estimate costs by understanding how the accounting department, the comptroller's office and the project manager view and manage the costs of a project.  I also learned how to estimate and schedule a project using the WBS, a precedence list, the critical path method (CPM), and an AON Diagram, which help to determine not only the critical path the project must follow but also those tasks that allow for flexibility (float) without causing delays in the delivery of a project.

Here is an example of a critical path diagram:

Image result for critical path diagram

An example of an AON Diagram is below:

Image result for aon diagram image

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