How do you describe a network diagram?
A network diagram is a graphical representation of the project and is composed of a series of connected arrows and boxes to describe the inter-relationship between the activities involved in the project. Boxes or nodes represent the description of activities and arrows show the relationship among the activities.
What is difference between PERT and CPM?
The difference between PERT and CPM is that PERT stands for Program Evaluation and Review Technique, and CPM stands for Critical Path Method. PERT manages unpredictable activities, whereas CPM manages predictable activities. PERT is related to the events, but CPM is related to the activities.
What are the 5 major processes of project management?
The project life cycle includes the steps required for project managers to successfully manage a project from start to finish. There are 5 phases to the project life cycle (also called the 5 process groups)—initiating, planning, executing, monitoring/controlling, and closing.
What is a project life cycle?
A project management life cycle is a framework comprising a set of distinct high-level stages required to transform an idea of concept into reality in an orderly and efficient manner.
What are the points to be kept in mind for drawing network diagram?
5 common steps to create network diagrams
- List the components. …
- Arrange your diagram. …
- Add connections. …
- Label your shapes: Make it easy for you and others to understand the symbols you’ve included in your network diagram by labelling them. …
- Format the diagram.