How Do Project Managers Evaluate and Plan for R& D Project

Abstract

Various types of projects, including software  development research project, product development,  construction, engineering, plant maintenance and  others can apply this critical path method (method of  scheduling).In order to solve the hurdles one faces while  calculating critical path cannot denied. In order to  resolve the issue there exist a unique set of coordinated  scientific activities with start and end point reach  specific performance objective within the defined time  limit of research & development project. Often  research & development projects, in such enterprises  desired attention is not rendered on actual research  management neither during its execution nor its  commencement. As a consequence the duration goes  beyond the time limit which in turn burdens the assign  budget, shortage of resource and time. The usefulness of  the application of CPM can’t be denied. Some of the  major uses are identifying the dynamic activities that  can be executed simultaneously & prioritize the  different levels of performance to be done within a  certain time limit. The case study describes research &  development project for research students. Nonetheless,  the outcome of the application to the assignments  displays expected project duration is fourteen (14)  weeks as per the schedule of 24 week, indicating a  reduction of around41.67%.