Location Based Management System (LBMS) 🧭 Sensitivity Analysis & Takt Time for Project Management

Master the power of Linear Scheduling Methods (LSM) and Location-Based Management Systems (LBMS) in Excel! This video, explained by Dr. Mehrdad Arashpour, is packed with valuable techniques for project managers. By watching this video, you will learn how to:

Automate buffer placement in linear projects

Update project plans & create dynamic location-based charts

Perform sensitivity analysis using Excel's Data Table function

Visualize scenarios for varying project lengths & buffers

❎ Excel workbook to follow along: https://bit.ly/LBMS_

⌛ TIMESTAMPS
0:00 - Introduction to Linear Scheduling Method or LSM in Excel
0:15 - Excel’s Dynamic Template
0:32 - Step 1 (Automating Buffer Placement in Linear Projects)
3:06 - Step 2 (Updating Project Plans & Creating Dynamic Location-based Charts)
5:16 - Step 3 (Performing Sensitivity Analysis using Excel's Data Table Function)
8:04 - Step 4 (Visualizing Scenarios for varying Project lengths & Buffers)
9:48 - Comparing Location Based Management System, CPM & Takt Time Planning

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