Effective time management is the key to ensuring the success and smooth running of projects. Applying the right time management methods not only helps to optimize resources, but also minimizes risks, improves work efficiency and ensures projects are completed on schedule:
AOA method
AOA (Activity on Arrow) is a network technique in project time management, used to represent and calculate the progress of activities in a project. In this c level contact list method, tasks are represented by arrows, and nodes are events that describe the order in which tasks are performed. AOA diagrams show nodes as transition points, marking the start or end of a task.
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Advantages:
The AOA method has a simple, easy-to-understand structure, so it is very suitable for small or medium-sized projects. The AOA diagram helps determine the project’s critical path (the longest-duration sequence of tasks), supporting project management and staff to focus on important activities. -
Limitations:
AOA only calculates project completion times under ideal conditions, making it difficult to predict actual progress. For large projects, the AOA diagram can become complex and difficult to control.
AON Method
The AON (Activity on Node) method is a technique for constructing a network diagram of tasks, in which tasks are represented by rectangular boxes containing necessary information, and arrows simply determine the order in which tasks are performed.
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Advantages:
AON allows for concurrent operations and manages delays between tasks, which helps project managers plan more accurately. Because it does not use the concept of events, AON helps users focus more on specific project tasks. -
Limitations:
This method can be complex and difficult to implement for large projects with a lot of work to handle.
Project progress management method using Gantt chart
Gantt chart is a project time management technique that displays information about project progress by listing tasks in sequence and relationship, along with videos containing hate speech data about start and finish times (both planned and actual) in a chart format.
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Advantages:
Gantt charts are very useful in building, organizing, and allocating resources, and helping to monitor and evaluate progress in a visual and detailed way. -
Limitations:
For complex projects, showing progress can become difficult and confusing. Gantt charts also do not clearly show the relationships or dependencies between tasks.
Pareto Principle (80/20 Rule)
According to Italian economist Vilfredo Pareto, he came up with the Pareto principle: in most cases. 80% of the results come from 20% of the causes.
This b2b reviews principle can explain some situations as follows: 20% of employees create 80% of output 20% of customers contribute 80% of revenue 20% of errors cause 80% of incidents 20% of features attract 80% of users.
Of course, the 80/20 ratio is not an absolute number. The important thing that Pareto wants to emphasize is the unevenness in most aspects of life. Some factors contribute more than the rest. Aim to focus on solving the 20% most important tasks.
Creating a difference instead of wasting resources on 80% of less important tasks. Flexible application of the 80/20 principle helps businesses save costs and improve performance.