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Aggregate planning is an operational activity which does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of operations of the organization is kept to the minimum over that period.
Glossary – a glossary is a list of terms in a specific subject area, with definitions included. Set index article – document a set of items that share the same (or a similar) name. They are different from disambiguation pages in that they are full-fledged articles meant to document multiple subjects, while disambiguation pages are for ...
In project management, a project charter, project definition, or project statement is a statement of the scope, objectives, and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project's key goals, identifies the main stakeholders , and defines the authority of the project manager . [ 1 ]
Management process – is a process of planning and controlling the performance or execution of any type of activity. Process – ongoing collection of activities, with inputs, outputs and the energy required to transform inputs to outputs. Project – A temporary endeavor undertaken to create a unique product, service, or result. [3]
Organizations, activities, and interactions among participants and stakeholders; Clear statement of responsibilities and authorities delegated; Specific operational processes for fielding the system; Processes for initiating, developing, maintaining, and retiring the system
This list includes the milestone name, a description about the milestone, and the date expected. Schedule baseline and work breakdown structure: The WBS which consists of work packages and WBS dictionary, which defines these work packages, as well as schedule baseline, which is the reference point for managing project progress, are included here.
The CPM method evaluates the sequence of activities, the work effort required, the inter-dependencies, and the resulting float time per line sequence to determine the required project duration. Thus, by definition, the critical path is the pathway of tasks on the network diagram that has no extra time available (or very little extra time)." [25]