Hi,
You can easily understand this software if handled any project, small or large. If not, than you can understand the use of this valuable software now. Its latest version is available in the market which has some more features. I will tell you in short with complete information.
Suppose, you has to build your home and you are not intrested to buy home from builders.
Estimation will be like this---
1- Finance (Investment likely to incur in the project)
2- Resources ( Labours, materials, machineries etc.)
3- Planning (How to start, From where to start, What are steps involved to complete the home)
4- Execution (Real situations when work started, It always defer some extent from the planning)
5- Completion Time of home
6- Payment of salaries to workers, Payment dates to the suppliers and Vendors.
7- No. of employees (workers) to be recruited each day
MS-Project help us in all the aspects mentioned above.
Now, you have to make a WBS (Work Breakdown Structure). WBS is like, first you will do excavation, than foundation, Brick work, Beams, Slape, Foundry work, Glass work, Panting etc. You can define all the activity one by one as they will happen in actual on the home site. Breaking Complete home project on small parts is easy to handle. This is done in second vertical column.
In next Column, you can put, How many days each activities will take. It will calculated by standard manual which are available in the market.
Next column will be the starting date of the activity.
Further will be the ending date of the activity.
It is easy to assign the resources for individual activity. Suppose excavation work--- It will require 10 labours, three excavation machine and other small equipments.
The beauty of the project is that it consider the relationship between various activities. So it will make a Network diagram according to that. you can take printout of this network diagram. It will be on Small size where activity start date, end date, resources needed explained.
Cost estimation will be also easy. It directly add and calculate the cost. You have to individually define the things.
If you have less resources in any circumstances than you can level the things without affecting cost and schedule (Time period). Software also present the finished work in percent form. There is a Gantt chart available which show the graphical form of Bars. Bar is the lenth of the activity and resources presentation.
R u bored?
ok, In simple Software work only when we do something manually.This software help a lot and reduced the manual work in maximum level. It is easy to '' Plan the Project, Track the project and use the resources in the best possible way''.
Lesser chance for mistakes, Lesser chance of delay, lesser chance of financial irregularities by using this software. Today, This is the most common software among project companies like L&T, HCC,GMR,GVK etc. Other Substitute software is Primavera which is widely used. Software companies also using this software to complete the project.
If you find time, see it..........
- Thank You! We appreciate your effort.
