4 Planning Flashcards

1
Q

What needs to be done in the phase of the project definition/start?

A
  • feasibility and economic feasibility studies
  • analysis of the environment
  • goal planning
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2
Q

Why should you make a project selection?

A
  • Scarce resources
  • Money, personnel, material and equipment must be used in a meaningful way
  • Selection of projects that promise the highest achievement of corporate goals
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3
Q

What are feasibility studies used for?

A
check whether a project is feasible from a... 
• technical, 
• economic, 
• legal, 
• ecological
• and social 
...point of view
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4
Q

What areas are covered in a feasibility study?

A
  • market specific aspects
  • technological aspects
  • organizational aspects
  • environmental aspects
  • regulations
  • affordability / financial feasibility
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5
Q

What is part of a project environment?

A
  • technical environment
  • natural environment
  • economic environment
  • socio-cultural environment
  • political environment
  • management (parent organization)
  • investor
  • consortium partners
  • project staff
  • subcontractors (suppliers, consultants, etc.)
  • client (user, operator, customer, etc.)
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6
Q

What is a front-load of a project?

A

invest early (into planning) to reduce
• implementation and testing expenditure
• maintance cost
• (if possible) time of devolopment and thus forward the time of deployment

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7
Q

What are the elements of the work breakdown structure?

A
  • Structuring the project into subtasks and work packages
  • Subtask: Part of the project, which in turn may be further subdivided.
  • Work package: a coherent task to be performed by a unit
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8
Q

What are the rules for work packages?

A
  • There must be a person/position responsible for each work package.
  • The scope of a work package depends on the risk and complexity of the tasks (routine tasks are usually combined in larger work packages).
  • A work package comprises a catalogue of tasks that is as closed as possible and can be delineated from other work packages.
  • For each work package, it must be possible to formulate a unique specification, the fulfilment of which can also be verified.
  • The planned costs for a work package must not be too small, otherwise the project-accompanying cost controlling becomes too difficult/costly itself
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9
Q

Name different types of work breakdown structures!

A
  • object-oriented breakdown structure
  • funtion-oriented breakdown structure
  • phase-oriented breakdown structure
  • mixed-oriented breakdown structure
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10
Q

How do you go from structural to sequence/operations planning?

A

set up a flowchart to identify logical dependencies

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11
Q

What is the objective of a Project Flow Chart?

A

Based on the planning of the project structure, it should be possible to gain an overview of the organizational and technical interrelationships within a project by planning the project processes.

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12
Q

What must be analysed to gain an overview of the oranizational and technical interrelationships within a project?

A
  • Dependencies and interfaces between work packages
  • Parallelization options for work packages
  • Necessary time intervals between work packages
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13
Q

Tasks of resource planning

A
  • Determining the capacity requirements of resources with regard to type, quantity, and time distribution
  • Optimization of the quantity and quality of resource use
  • Elimination and adaptation of under- and overloading of resources
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14
Q

Ressource types

A
  • staff
  • materials and supplies
  • information
  • financial resources
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15
Q

What gives you a good overview over the allocation of ressources?

A

Capacity Overview (e.g. number of staff over time)

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16
Q

Tasks of scheduling

A
  • scheduling is at the centre of the planning process
  • scheduling is an iterative process that is linked to cost and ressource planning
  • variables to be specified:
    • process durations
    • start and end dates
    • buffer times
17
Q

scheduling methods

A
  • work package list
  • Gantt chart
  • networked Gantt chart
  • network
18
Q

What is a work package list?

A

Representation of the individual project activities with their respective end dates in list form

19
Q

What is a Gantt chart?

A

Presentation of the individual project activities with their respective start and end dates as well as the resulting process durations

20
Q

What is a networked Gantt chart?

A

Presentation of the individual project activities with their respective start and end dates, durations and relationships

21
Q

What is a network?

A

Presentation of the individual project activities as a graph with nodes and arrows representing respective start and end dates, durations, relationships, buffers and critical paths

22
Q

What is cost planning for in general?

A

• Determination of project costs

23
Q

What are sub-types of costs?

A
  • personnel
  • material
  • transport
  • other
  • Overhead Cost ( ! Problem ! )
24
Q

What are the tasks and goals of cost planning?

A
  • Use as database for project decisions and project selection
  • Determination of the project budget
  • Basis for cost controlling: Ensuring economic efficiency through pre- and post-calculation
  • Securing liquidity
25
Definition "risk"
• danger of a negative deviation of the actual result from planned/expected result • degree to which the achievement of business and technical objectives and the implementation of business strategies are jeopardized by negative events • an event that can occur with a certain probability in the future --> in the present: certain counter-measures
26
What is "feedforward"?
opposite of feedback
27
Phases of the risk management process
* risk identification * risk analysis * risk assessment * risk design * risk monitoring --> constant feedworard & feedback
28
What kind of risks can you identify (in relevance to their occurance and damage)?
* Avoidable risks * Risks with probability of occurrence * Non definable disaster
29
What can be found in the framework of a risk register?
* risks in the project task * risks in technical change * risks in emotional environment * risks in the use of project management * risks in the person who is the project manager * risks in other environment
30
How can you assess risks?
``` Evaluation according to criteria: • Hazard category • Potential amount of damage • Probability of occurrence • Risk costs • Ranking according to relevance ``` Risk costs: = Potential amount of damage x Probability of occurence = Measure of risk priority
31
Risk costs
= Potential amount of damage x Probability of occurence | = Measure of risk priority
32
What is a risk portfolio?
Matrix with • probability of occurence on the x-axis • damage on the y-axis --> identify risks you might roll over in the contract negotiations
33
How can you hedge risks?
• counter-measures for risk prevention • counter-measures for risk mitigation (• identify disaster szenarios)
34
HSE as special risk area
special risk when: • heavy lifting operation • working at height • working with winches * classified between routine/non-routine activities * non-routine activities bear higher risks
35
Tasks of project closures
``` Formal end of the project: • What happens to project results? • What happens to the resources? • Formal exoneration of project manager • Final documentation of project results (and process) ``` Other: • Analysis of the entire project process to gain knowledge for future projects • Emotional closure of the project • Appreciation of the work done for positive motivation for future projects
36
Phases of the project closure
* Transition and maintenance plan * Final acceptance of the project results * Project evaluation * Final discussion within the project team/most important stakeholders * Final report and completion of the project documentation --> constant feedworard & feedback