Quantitative Business Decisions
Project Management
Quantitative business decision follows a mathematical approach to business decision-making techniques and methods.
Numbers are your friends and help business leaders through analysis of decision made under uncertainty.
Quant
is used in many functional areas of organizations including finance, accounting, operations, marketing, quality control,
and human resources. Names like business intelligence, data science, business analytics, and quantitative analysis,
are all used to describe the different mathematical business techniques.
Introduction
Learning Objectives
- Discover the basic techniques of Project Management
- Understand how to efficienty use an organizations scarce resources
To Do List
- Read - Chapter 13
Project Management - MRP
Learning Objectives
- Determine how to schedule
- Describe the hierarchy of levels
- Understand how MRP fits into Project Management
To Do List
- Read - Chapter 13
- - Download blank MRP Form -
- MRP Video
- Quiz 14 MRP1
- Quiz 15 MRP2 - advanced
Project Management - PERT and CPM
Learning Objectives
- Define PERT and CPM
- Describe the Critical Path
- Understand the order of events
To Do List
- Read - Chapter 13
- PERT Video
- Quiz 9 PERT
Project Management - Earliest Start / Earliest Finish
Learning Objectives
- Determine how to schedule
- Discover slack in the process
- Understand how crtical path determines finish time
To Do List
- Read - Chapter 13
- ES/EF LS/LF Video
- Quiz 10 ES EF LS LF
Project Management - Crashing
Learning Objectives
- Define Crashing
- Describe how to reduce project completion time
- Understand increased costs associated with crashing
To Do List
- Read - Chapter 1
- Crashing Video
- Quiz 11 Crash
Project Management - Continuous Distribution
Learning Objectives
- Determine how to use probability with PERT
- Describe how the critical path may change with weighted averagea and standard deviation
- Understand how to keep a project on schedule
To Do List
- Read - Chapter 13
- Continious Video
- Quiz 12 Continuous
Project Management - Resource Leveling
Learning Objectives
- Define Resouce Leveling
- Describe how to fully utilize resources (people)
- Understand the order of events
To Do List
- Read - Chapter 13
- Resource Leveling Video
- Quiz 13 Resource Leveling
........... Follow your passion ...........


