What is a Network Diagram in Project Management?
Whether you’re a project manager or a project team member, you should familiarize yourself with network diagrams — also known as the project schedule network diagram. A project network diagram is an important tool because it helps teams visualize the activities that need to be completed over the duration of a project. It also gives crucial context like task duration, sequence, and dependency.
What is a project network?
A project network is a graph that shows the activities, duration, and interdependencies of tasks within your project.
What is a project schedule network diagram in project management?
A project schedule network diagram visualizes the sequential and logical relationship between tasks in a project setting. This visualization relies on the clear expression of the chronology of tasks and events.
Most often, a project network diagram is depicted as a chart with a series of boxes and arrows. This network diagram tool is used to map out the schedule and work sequence for the project, as well as track its progress through each stage — up to and including completion. Because it encompasses the large tasks that need to occur over the project’s duration, a network diagram is also useful in illustrating the scope of the project.
Benefits of the project management network diagram
A network diagram allows a project manager to track each element of a project and quickly share its status with others. Its other benefits include:
- Visual representation of progress for stakeholders
- Establishing project workflows
- Tracking dependencies and potential bottlenecks
Research also shows that depicting data in a visual way can improve comprehension and enhance retention — meaning that a network diagram can boost performance and productivity while reducing stress among your team members.
A network diagramming technique in which activities are represented by arrows and connected at points called nodes to illustrate a sequence of activities
The series of activities that determine the earliest time by which the project can be completed; it is the longest path through the network diagram and has the least amount of slack or float
A method of scheduling that takes limited resources into account when creating a project schedule and includes buffers to protect the project completion date
Critical Chain Scheduling
Elements of a three point estimate
Optimistic
Most Likely
Pessimistic
The amount of time an activity may be delayed without delaying a succeeding activity or the project finish date
A network diagramming technique in which boxes represent activities
PDM
Precedence Diagramming Method
The additional time added before a projects due date to account for unexpected factors
An occurrence when two or more activities follow a single node on a network diagram
A schematic display of logical relationships among, or sequencing of, project activities
The dependencies that are inherent in the nature of the work being performed on a project
Quantitative risk analysis technique that provides a probability distribution for outcome values for the whole project
The dependencies that involve relationships between the project and non-project activities
Additional time to complete and activity, added to an estimate to account for various factors
A tabulation of activities to be included in a project schedule
The number of workdays or work hours required to complete and activity
Information that provides schedule-related information about each activity, such as predecessors, successors, logical relationships, leads and lags, resource requirements, constraints, imposed dates, and assumptions related to the activity
The actual amount of time spent working on an activity PLUS elapsed time
A distinct, scheduled portion of work performed during the course of a project
A management philosophy that states that any complex system at any point in time often has only one aspect or constrain that is limiting its ability to achieve more of its goal
Work expands to fill the time allowed
An estimate that includes an optimistic, most likely, and pessimistic estimate
A technique that uses project characteristics (parameters) in a mathematical model to estimate project costs
aka. Analogous Estimates
The estimates that use the actual cost of a previous, similar project as the basis for estimating the cost of the current project
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a calendar format
When an activity can overlap a preceding one
What can go wrong, will go wrong
Additional time added before activities on the critical path that are preceded by non-critical path activities
A network diagramming technique in which activities are represented by arrows and connected at points called nodes to illustrate a sequence of activities
A network diagramming technique used to predict the total project duration and show the amount of schedule flexibility on the network paths within the schedule model
A schedule compression technique where you do activities in parallel that you would normally do in sequence
When a resource works on more than one activity at a time
A network analysis technique used to estimate project duration when there is a high degree of uncertainty about the individual activity duration estimates
PERT
Program Evaluation and Review Technique
A significant point or event in a project
Cost estimates created by estimating individual activities and summing them to get a project total
The starting and ending point of an activity on an activity on arrow network diagram
aka. Top Down Estimates
The estimates that use the actual cost of a previous, similar project as the basis for estimating the cost of the current project
A time-phased budget that project managers use to measure and monitor cost performance
The sequencing of project activities. Relationship between activities
Work that is done in support of operational, functional, or project performance. Tasks are not part of the schedule (activities are shown on the schedule). Tasks include many management functions such as things done to manage the team, run a production line, or build relationships
when an activity requires a gap in time before it can start
A technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost
A situation where two or more nodes precede a single node on a network diagram