ChalleNgeS of the ProjeCt PlaNNINg MethodS IN the 21St CeNtury

Journal Title: Problems of Management in the 21st Century - Year 2012, Vol 5, Issue 12

Abstract

There are a lot of project planning (like Gantt chart (Gant, 1910)) and network-based scheduling methods (like CPM, PDM, GERT (see i.e. Kelley-Walker, 1959, Pritsker 1966)), they were developed for handling traditional (e.g. construction) projects. While these methods are appropriate for the operation level - logic planning, scheduling, cost and resource allocation - of traditional project managemet, these methods can hardly be used for agile and extreme project management. Network-based methods focus on operation level, while for strategic decisions other methods should be used. Matrix-based methods can be used for planning agile methods (see Kosztyán-Kiss 2010-2013), however these methods also focused on operation level. This paper introduces an improved matrix-based method, the extended Multilevel Project Expert Matrix (xMPEM) method. This method can be used not only for operation, but strategic level of project management, where typical strategic questions arise e.g. which subprojects/tasks should be completed, how to treat priorities of completion in case of defining logic planning, how to support not only traditional but agile project management approaches. In this paper a multilevel genetic algorithm (MLGA) will be specified in order to determine possible project scenarios and possible project structures. The introduced xMPEM and MLGA methods can serve as the connection between operation and the strategic level of the project management.

Authors and Affiliations

Zsolt T. Kosztyán

Keywords

Related Articles

EFFECT OF FRAUD RISK REDUCTION STRATEGY ON THE LEVEL OF EMPLOYEE FRAUD IN NIGERIAN PUBLIC SERVICE ORGANIZATIONS

Given the rampant headline revelations of widespread fraud perpetrated in Nigerian public service organizations in recent times, this study addresses a topical subject that commands urgent attention, understanding and...

INTRODUCING A THEORETIC MODEL AND AN EMPIRIC NORM FOR INFORMATION RISK MANAGEMENT IN DECISION MAKING

Nowadays computer mediated communication (CMC) and the high volume of computed and stored information is getting a business on its own. Information is collected, aggregated, analyzed and used to create real business adv...

IDENTIFICATION OF RELATION BETWEEN BUSINESS MODEL AND BUSINESS STRATEGY AND MEASUREMENT OF ITS TIGHTNESS

Business model and business strategy fundamentally characterize and predetermine the essence of a company and its action. Research has already brought a fairly extensive knowledge of the model and strategy too. There i...

INCREASING THE QUALITY OF BULGARIAN HIGHER EDUCATION THROUGH STRATEGIES FOR ACADEMIC PERSONNEL MANAGEMENT

The strategies for academic personnel management as a factor for increasing the quality of higher education are discussed in the present article. The quality of the educational service is not only a national and Europe...

FACTORS AFFECTING INNOVATIONS IN SERVICE SECTOR ENTERPRISES: THE CASE OF LIEPAJA

Within the framework of the research, it was clarifed that there is a trend in the service companies in Liepaja to rely more on the technological innovations. That differs from the dominating trend in this sector to in...

Download PDF file
  • EP ID EP32140
  • DOI -
  • Views 322
  • Downloads 0

How To Cite

Zsolt T. Kosztyán (2012). ChalleNgeS of the ProjeCt PlaNNINg MethodS IN the 21St CeNtury. Problems of Management in the 21st Century, 5(12), -. https://europub.co.uk/articles/-A-32140