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dc.contributor.author
Mazneikou-Pantaleon, Irini
en
dc.date.accessioned
2015-06-13T09:47:07Z
dc.date.available
2015-09-27T05:57:23Z
dc.date.issued
2015-06-13
dc.identifier.uri
https://repository.ihu.edu.gr//xmlui/handle/11544/305
dc.rights
Default License
dc.title
The PERT/Cost approach in Project management
en
heal.type
masterThesis
heal.language
en
heal.access
free
el
heal.license
http://creativecommons.org/licenses/by-nc/4.0
heal.recordProvider
School of Economics, Business Administration and Legal Studies, MSc in Management
heal.publicationDate
2010-09
heal.bibliographicCitation
Mazneikou-Pantaleon Irini ,2010, The PERT/Cost approach in Project management , Master's Dissertation, International Hellenic University
en
heal.abstract
This dissertation covers the PERT/Cost approach of Project Management. At first, through a brief review of the main literature, the basic aspects of Project Management are pointed. Afterwards, there is a reference to the PERT/Time approach as well as to BETA distribution and other methods for solving short and large projects. However, the main topic, PERT/Cost, is being analyzed in theory and in practice through international bibliography and two case studies from different economical divisions. The first company is a service provider and the second a construction company. Finally, some outcomes and conclusion comments are stated as well as some recommendations for further future research.
en
heal.tableOfContents
Chapter 1 Introduction, motivation, contribution and overview .................................................................... 5 1.1 Introduction ....................................................................................................................................... 1 1.2 Motivation ......................................................................................................................................... 1 1.3 Contribution ....................................................................................................................................... 2 1.4 Overview ........................................................................................................................................... 2 Chapter 2 Literature Review .......................................................................................................................... 3 2.1 History of Project management ......................................................................................................... 4 2.2 What is a project and what is Project management ........................................................................... 5 2.2.1 Projects ...................................................................................................................................... 5 2.2.2 Project management .................................................................................................................. 5 2.3 Other Project Management issues ..................................................................................................... 7 2.3.1 Gantt charts ................................................................................................................................ 7 2.3.2 Critical Chain Project Management (CCPM) ............................................................................ 7 Chapter 3 Program Evaluation and Review Technique (PERT) .................................................................... 8 3.1 Program Evaluation and Review Technique (PERT) ........................................................................ 9 3.2 The steps of the PERT procedure .................................................................................................... 10 Chapter 4 Methods for solving short and large projects .............................................................................. 12 4.1 The BETA Distribution ................................................................................................................... 13 4.2 The Enumerative Method ................................................................................................................ 14 4.3 Mathematical programming methods .............................................................................................. 18 4.3.1 Job duration versus direct cost ................................................................................................. 18 4.3.2 Direct cost versus project duration .......................................................................................... 19 4.3.3 Job duration versus direct cost ................................................................................................. 19 4.4 Project duration ............................................................................................................................... 19 Chapter 5 PERT/Cost ................................................................................................................................... 22 5.1 Purpose ............................................................................................................................................ 23 5.2 Cost considerations .......................................................................................................................... 23 5.2.1 Cost categories ......................................................................................................................... 23 5.2.2 Typical costs relationships ....................................................................................................... 23 5.3 Project time acceleration ................................................................................................................. 24 5.3.1 Outsourcing ............................................................................................................................. 24 5.3.2 Overtime .................................................................................................................................. 24 5.3.3 Comprise quality...................................................................................................................... 24 5.4 Terminology and procedure ............................................................................................................. 25 Page | 3 5.4.1 Crashing and uncompressing ................................................................................................... 25 5.4.2 Optimizing ............................................................................................................................... 26 Chapter 6 Two Case Studies ........................................................................................................................ 27 6.1 The Service Provider ............................................................................................................................. 28 6.1.1 Company’s profile ................................................................................................................... 28 6.1.2 Client’s profile ......................................................................................................................... 28 6.1.3 Project’s identity ...................................................................................................................... 29 6.1.4 The PERT application ............................................................................................................. 30 6.2.1 The construction company ........................................................................................................... 34 6.2.1 Company’s profile ................................................................................................................... 34 6.2.2 Project’s identity ...................................................................................................................... 34 6.2.3 The PERT application ............................................................................................................. 36 Chapter 7 Outcomes - Conclusion ........................................................................................................... 39 7.1 Outcomes ............................................................................................................................................... 40 7.2 Conclusion ............................................................................................................................................. 41 Bibliography/References ................................................................................................................................. 42 1 International bibliography ................................................................................................................... 42 2 Greek bibliography .............................................................................................................................. 45 3 URLs.................................................................................................................................................... 45 Annexes ........................................................................................................................................................... 46
en
heal.advisorName
Papadopoulos, Chryssoleon
en
heal.committeeMemberName
Papadopoulos, Chryssoleon
en
heal.committeeMemberName
Plakogiannaki, Emmanouela
en
heal.committeeMemberName
Katsaliaki, Korina
en
heal.academicPublisher
School of Economics, Business Administration and Legal Studies, MSc in Management
en
heal.academicPublisherID
ihu
heal.numberOfPages
54
heal.fullTextAvailability
true


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