Before starting to draw the network, following measures should be taken serially: 1. Prepare a list of the activities included in the project and their dependence on other activities. 2. Draft the network roughly, usually by soft pencil and an eraser on a large piece of paper. 3. The estimate of time required for each activity is made considering manpower [...]
Time aspect is the main and significant aspect in a network. Its primary object is to complete the project at an earliest to get quicker realisation of benefits of the project. Activities on critical path and sub-critical path needs special attention either to complete the project as per schedule or to reduce the completion time. To reduce the scheduled time, [...]
After reading this article you will learn about:- 1. Meaning and Definition of Operation Research 2. Phases in Operation Research Study 3. Scope 4. Characteristics 5. Methodology 6. Models 7. Techniques 8. Applications 9. Limitations. Meaning and Definition of Operation Research: It is the method of analysis by which management receives aid for their decisions. Though the name of this [...]