PROJECT MANAGEMENT: NETWORK ANALYSIS

PROJECT MANAGEMENT: NETWORK ANALYSIS

Network analysis comprises of a set of techniques developed to aid the planning, monitoring, and controlling of complex projects and project resources.

Network analysis is a tool of project management that involves breaking down a project into component parts or individual activities and recording them on a network diagram or flow chart.

FLOWCHART

The resulting chart shows the interaction and interrelations between activities and can be used to determine project duration, time and resource limitations, and cost estimates.

Constituent techniques include the critical-path method and the program evaluation and review technique. Also known as network planning or network flow analysis.