Resource Allocation Men, Material, Money are three resources required for any activity. If...

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Resource Allocation Men , Material, Money are three resources required for any activity. If shortage of resources the activity cannot be completed in time Project mgr has to come across resource constraints Hence the job of project mgr is to plan and allocate resources for different activities so that resource utilization is optimized. 1

Transcript of Resource Allocation Men, Material, Money are three resources required for any activity. If...

Page 1: Resource Allocation  Men, Material, Money are three resources required for any activity.  If shortage of resources the activity cannot be completed in.

Resource Allocation

Men , Material, Money are three resources required for any activity.

If shortage of resources the activity cannot be completed in time

Project mgr has to come across resource constraints

Hence the job of project mgr is to plan and allocate resources for different activities so that resource utilization is optimized.

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Page 2: Resource Allocation  Men, Material, Money are three resources required for any activity.  If shortage of resources the activity cannot be completed in.

Two situations Resource Leveling –

analysis aims at stabilization of rate of resource utilization by various activities at different times without changing the project duration.

Resources are constraints while time is in plenty.

Resource Smoothing (Loading)- analysis aims to reduce peak demand for resources and

reallocating among activities of a project in a manner so that the total project duration remains shortest.

Time is constraint but resources are not the constraints.Period of max. demand for resources are identified and

non critical activities are staggered by re scheduling them according to the floats for balancing resource requirements

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Page 3: Resource Allocation  Men, Material, Money are three resources required for any activity.  If shortage of resources the activity cannot be completed in.

Bar Chart or Gantt Chart

It requires list of activities & estimated time of completion of individual activity.

Pictorial devices in which activities are represented by horizontal bars on the ‘ time axis’

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S- chart

Display of cumulative costs, labour hours or other quantities plotted against time.

Indicator and its used for many applications such as target, baseline, cost , time

Page 5: Resource Allocation  Men, Material, Money are three resources required for any activity.  If shortage of resources the activity cannot be completed in.

Draw the resource loading chart and gantt chart. What is the peak requirement of the resource and on which day it

occurs. Q6b-2007

Activity Preceding Activity

Duration (Days) Total Manpower required

A - 3 60

B - 4 84

C A 2 22

D A 3 36

E B 6 72

F D,E 3 18

G C 5 35

H F 6 42

I G,H 7 56

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Page 6: Resource Allocation  Men, Material, Money are three resources required for any activity.  If shortage of resources the activity cannot be completed in.

A project consists of 9 activities for which data is given below. Draw the resource loading chart for the project. What is the maximum requirement of the cash and on which day it occurs

Q7(b)-2008

Activity Immediate Predecessor

Duration (Days) Total cash flow required for the activity (Rs. Lakhs)

A - 5 25

B - 5 30

C A 10 40

D B 7 28

E A 6 12

F C,D 8 24

G C,D 6 15

H E,F 5 10

I G 4 12

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