6 Project Schedule Management Flashcards
The primary output of breaking down the
WBS work packages.
Activity list
The identification of more than one
solution. Consider roles, materials, tools,
and approaches to the project work.
Alternative analysis
A somewhat unreliable estimating approach that relies on historical information to predict what current activity
durations should be. It’s more reliable, however, than
team member recollections. It’s also known as top-down
estimating and is a form of expert judgment.
Analogous estimating
The most accurate time-and-cost estimating approach a project manager can use. This estimating approach starts considering every activity, its predecessor and successor activities, and the exact amount of resources needed to complete each activity.
Bottom-up estimating
A WBS entry that considers the time, cost, and scope measurements for that deliverable within the WBS. The estimated performance is compared against the actual performance to measure overall performance for the deliverables within .
Control account
A predetermined range of acceptable
variances, such as +/–10 percent off
schedule. If the variance exceed, then project
control processes and corrected actions will be
enacted.
Control threshold
A schedule compression approach that
adds more resources to activities on the
critical path to complete the project
earlier. Costs are added because the associated
labor and other resources cause costs to increase.
Crashing
The path in the project network diagram that cannot be delayed, otherwise the project completion date will be late. There can be more than one. Activities have no float.
Critical path
These dependencies are the preferred order of activities. Project managers should use these relationships at their discretion and should document the logic behind the decision. Allow activities to happen in a preferred order because of best practices, conditions unique to the project work, or external events.
Discretionary dependencies / Soft Logic
The earliest a project activity can finish.
Used in the forward pass procedure to
discover the critical path and the project
float.
Early finish
The earliest a project activity can begin.
Used in the forward pass procedure to
discover the critical path and the project
float.
Early start
As the name implies, these are dependencies outside of the project’s control. Examples include the delivery of equipment from a vendor, the deliverable of another project, or the decision of a committee, lawsuit, or expected new law.
External dependencies
A schedule compression method that
changes the relationship of activities.
Activities that would normally be done in
sequence are allowed to be done in parallel or
with some overlap. It can be
accomplished by changing the relation of
activities from FS to SS or even FF or by
adding lead time to downstream
activities. However, it does
add risk to the project.
Fast tracking
An activity relationship type that requires
the current activity to be finished before
its successor can finish.
Finish-to-finish
An activity relationship type that requires
the current activity to be finished before
its successor can start.
Finish-to-start
A representation of a project network diagram that is often used for outsourced portions of a project, repetitive work within a project, or a subproject. Also called a subnet.
Fragnet
This is the total time a single activity can
be delayed without affecting the early
start of its immediately following
successor activities.
Free float
Logic that describes activities that must happen in a particular order. For example, the dirt must be excavated before the foundation can be built. The foundation must be in place before the framing can begin.
Mandatory dependency / Hard logic