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PMP Exam 2 > 6 - Project Time Management > Flashcards

6 - Project Time Management Flashcards

1
Q

What is the order of the six time management knowledge area processes?

A
  1. Plan schedule management
  2. Define activities
  3. Sequence Activities
  4. Estimate Activity Resources
  5. Estimate Activity Durations
  6. Develop Schedule

06.0 Project Time Management

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2
Q

What is the process of establishing the policies, procedures and documenting for planning, developing, managing, executing and controlling the project schedule?

A

Plan Schedule Management

06.1 Plan Schedule Management

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3
Q

What is the component of the project management plan that describes how the schedule will be effectively managed throughout the course of the project?

A

The schedule management plan

06.1.3.1 Schedule Management Plan

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4
Q

What component of the project management plan describes how the schedule will be effectively managed throughout the project?

A

The schedule management plan

06.1.3.1 Schedule Management Plan

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5
Q

What is the component of the project management plan that describes how the schedule will be effectively managed throughout the project?

A

Schedule management plan

06.1.3.1 Schedule Management Plan

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6
Q

What is the process of identifying the specific actions to be performed to produce the project deliverables?

A

Define Activities

06.2 Define Activities

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7
Q

Which process produces the milestone list?

A

Define activities process

06.2 Define Activities

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8
Q

In what two processes do we use the tool and technique of decomposition?

A
  1. Create WBS
  2. Define Activities

06.2.2.1 Decomposition

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9
Q

What is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level?

A

Rolling Wave Planning [Progressive Elaboration]

06.2.2.2 Rolling Wave Planning

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10
Q

What is the comprehensive list of all scheduled activities required on the project?

A

The activity list

06.2.3.1 Activity List

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11
Q

What is an activity that does not produce definitive end products and is measured by the passage of time?

A

Level of Effort [LOE]

06.2.3.2 Activity Attributes

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12
Q

What identifies all milestones and significant points in the project?

A

Milestone List

06.2.3.3 Milestone List

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13
Q

What is similar to schedule activities, but has zero duration?

A

Milestone List

06.2.3.3 Milestone List

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14
Q

What is the process of identifying and documenting relationships among the project activities?

A

Sequence Activities

06.3 Sequence Activities

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15
Q

What are the four relationships in a PDM?

A
  1. FS = finish to start
  2. FF = finish to finish
  3. SS = start to start
  4. SF = start to finish

06.3.2.1 Precedence Diagramming Method

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16
Q

What is PDM?

A

Precedence Diagraming Method

06.3.2.1 Precedence Diagramming Method

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17
Q

What is PDM?

A

Precedence Diagraming Method

06.3.2.1 Precedence Diagramming Method

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18
Q

What is AON?

A

Activity on node

06.3.2.1 Precedence Diagramming Method

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19
Q

What is the relationship between AON and PDM?

A

They are the same thing

06.3.2.1 Precedence Diagramming Method

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20
Q

What is a method for constructing a project schedule network diagram that uses boxes for the activities and are graphically linked by lines with arrows to depict the relationships?

A

Precedence Diagraming

06.3.2.1 Precedence Diagramming Method

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21
Q

What are the four types of dependencies?

A
  1. Mandatory
  2. Discretionary
  3. External
  4. Internal

06.3.2.2 Dependency Determination

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22
Q

What allows an acceleration of a successor activity, is represented by a negative value and is represented by a minus sign?

A

A lead

06.3.2.3 Leads and Lags

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23
Q

What directs a delay in the successor activity is represented as a positive value and is represented by a plus sign?

A

A lag

06.3.2.3 Leads and Lags

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24
Q

What technique re-adjusts the leads and lags that were created in the Sequencing Activity process to create a workable schedule?

A

Leads + Lags

06.3.2.3 Leads and Lags

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25
Q

What technique allows the project team to accelerate the start of a successor activity?

A

Lead

06.3.2.3 Leads and Lags

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26
Q

What technique allows the project team to delay the start of a successor activity?

A

Lag

06.3.2.3 Leads and Lags

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27
Q

What is a lag?

A

A delay in a successor activity

06.3.2.3 Leads and Lags

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28
Q

What is the process of estimating the types and quantities of material, people, equipment, or supplies required to perform each activity?

A

Estimate Activity Resources

06.4 Estimate Activity Resources

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29
Q

What is the process of estimating the type and quantities of material, people, equipment, or supplies required to perform each activity?

A

Estimating activity resources

06.4 Estimate Activity Resources

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30
Q

What contains information regarding people, equipment, supplies and material (resources) and when they are available and unavailable?

A

Resource calendars

06.4.1.4 Resource Calendars

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31
Q

What lists the availability, capabilities, and skills of human resources?

A

Resource calendars

06.4.1.4 Resource Calendars

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32
Q

What documents time periods that project members can work on the project, including schedule conflicts?

A

Resource calendars

06.4.1.4 Resource Calendars

33
Q

In what process is the risk register developed?

A

Identify Risks

06.4.1.5 Risk Register

34
Q

What contains information on risk events that may impact people, material, equipment, supply, or location?

A

The Risk Register

06.4.1.5 Risk Register

35
Q

What contains information on risk events that may impact duration estimates along with the results of risk analysis and risk response planning?

A

The Risk Register

06.4.1.5 Risk Register

36
Q

What captures the costs associated with all people, material, equipment, supply or location that could impact resource selection?

A

Activity cost estimates

06.4.1.6 Activity Cost Estimates

37
Q

What is the most reliable, most time consuming and most costly estimating technique?

A

Bottom-up estimating

06.4.2.4 Bottom-Up Estimating

38
Q

What is an estimating technique that reviews the activity list and estimates each activity individually?

A

Bottom-up estimating

06.4.2.4 Bottom-Up Estimating

39
Q

What is a description of the types and amounts of the people, material, equipment, supplies or location that is required for each activity in a work package?

A

Activity resource requirements

06.4.3.1 Activity Resource Requirements

40
Q

What is a hierarchical depiction of the identified resources of the project by category and type?

A

Resource breakdown structure

06.4.3.2 Resource Breakdown Structure

41
Q

What is the process of approximating the number of work periods needed to complete individual activities with estimated resources?

A

Estimate Activity Durations

06.5 Estimate Activity Durations

42
Q

Which process produces the activity duration estimates?

A

Estimate activity durations

06.5 Estimate Activity Durations

43
Q

What contains the description of the types and amounts of the people, material, equipment, supplies or location that is required for each activity in a work package?

A

Activity resource requirements

06.5.1.4 Activity Resource Requirements

44
Q

What should one review to consider risk mitigation costs?

A

The Risk Register

06.5.1.7 Risk Register

45
Q

What is an estimating technique that uses the duration or cost of an activity from similar, previous projects to estimate project duration when we have a limited amount of detail?

A

Analogous estimating

06.5.2.2 Analogous Estimating

46
Q

What is a technique for estimating the statistical relationship between historical data and other variables (e.g., square footage in construction, lines of code in software development) to calculate an estimate for activity parameters, such as scope, cost, budget, and duration?

A

Parametric estimating

06.5.2.3 Parametric Estimating

47
Q

What kind of estimating is more accurate than analogous estimating?

A

Parametric estimating

06.5.2.3 Parametric Estimating

48
Q

What kind of estimate quantitatively creates an estimate by multiplying the work to be performed by the productivity rate?

A

Parametric estimating

06.5.2.3 Parametric Estimating

49
Q

What kind of estimate creates three estimates to improve the quality of the estimating process using an approximate range for an activity’s duration?

A

Three-point estimating

06.5.2.4 Three-Point Estimating

50
Q

What kind of analysis calculates an expected activity duration using a weighted average of a three-point estimate?

A

Program Evaluation and Review Technique (PERT)

06.5.2.4 Three-Point Estimating

51
Q

What is PERT?

A

The program evaluation and review technique

(Optimistic + (4x most likely) + pessimistic)

06.5.2.4 Three-Point Estimating

52
Q

What can be used to improve duration estimate accuracy and encourage commitment toward meeting the estimates?

A

Group-Decision Making Techniques

06.5.2.5 Group Decision-Making Techniques

53
Q

What is used to account for cost uncertainty, is part of the funding requirements and is used at the discretion of of the project manager to deal with known unknowns?

A

Contingency reserves

06.5.2.6 Reserve Analysis

54
Q

What technique requires that the project team determines what contingency or reserve time (sometimes refered to as buffers) should be applied to the estimates to account for schedule uncertainty?

A

Reserve Analysis

06.5.2.6 Reserve Analysis

55
Q

What are reserves (that the PM must seek approval to access) are kept as budgets for unplanned but potentially required changes to product and scope?

A

Management reserves

06.5.2.6 Reserve Analysis

56
Q

What is the time it will likely take to complete a schedule activity?

A

An activity duration estimate

06.5.3.1 Activity Duration Estimates

57
Q

What is the time it will likely take to complete a schedule activity?

A

Activity duration estimates

06.5.3.1 Activity Duration Estimates

58
Q

What is the process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule?

A

Develop Schedule

06.6 Develop Schedule

59
Q

Which process produces the schedule baseline?

A

Develop Schedule

06.6 Develop Schedule

60
Q

What is the degree of total float in the critical path?

A

0 or negative numbers

A CPM critical path is normally characterized by zero total float on the critical path.

06.6.2.2 Critical Path Method

61
Q

What is any schedule activity on a critical path in a project schedule?

A

Critical ActivityMost commonly determined by using the critical path method. Although some activities are “critical,” in the dictionary sense, without being on the critical path, this meaning is seldom used in the project context.

06.6.2.2 Critical Path Method

62
Q

What is CPM?

A

Critical Path Method (CPM)

06.6.2.2 Critical Path Method

63
Q

What is the longest path through the project network diagram that represents the shortest amount of time in which a project can be completed?

A

Critical Path Method (CPM)

06.6.2.2 Critical Path Method

64
Q

What has 0 negative total flow?

A

Critical Path Method (CPM)

06.6.2.2 Critical Path Method

65
Q

What else is known once the float is known?

A

Critical Path Method (CPM)

06.6.2.2 Critical Path Method

66
Q

How do we calculate for an early finish using the zero method?

A

ES (early start) + Duration = EF (Early Finish)

06.6.2.2 Critical Path Method

67
Q

What is a CA?

A

Control accountor…Critical Activity

06.6.2.2 Critical Path Method

68
Q

What is a resourced constrained critical path?

A

A critical chain

06.6.2.3 Critical Chain Method

69
Q

What technique adjusts the activities of a schedule model such that the requirements for resources on the project do not exceed certain predefined resource limits.?

A

Resource Smoothing

06.6.2.4 Resource Optimization Techniques

70
Q

What is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply?

A

Resource Leveling

06.6.2.4 Resource Optimization Techniques

71
Q

What technique is applied at the end of the critical path method to examine the project for an unbalanced use of resources (usually people) over time, and for resolving over-allocations or conflicts?

A

Resource Leveling

06.6.2.4 Resource Optimization Techniques

72
Q

What technique adjusts the activities so the requirements do not exceed defined resource limits?

A

Resource Smoothing

06.6.2.4 Resource Optimization Techniques

73
Q

What is a technique that computes, or iterates, the project cost or project schedule many times using input values selected at random from probability distributions of possible costs or durations, to calculate a distribution of possible total project cost or completion dates?

A

Monte Carlo Analysis

06.6.2.5 Modeling Techniques

74
Q

What are the two types of schedule compression?

A
  1. Fast tracking
  2. Crashing

06.6.2.7 Schedule Compression

75
Q

What is the output of the Develop Schedule Process that helps determine required timelines or mandated deliverable dates?

A

Project schedule

06.6.3.2 Project Schedule

76
Q

What is the process of monitoring the status of the project activities to update project progress and managing changes to the schedule baseline to achieve the plan?

A

Control Schedule

06.7 Control Schedule

77
Q

What technique shortens the duration of the project schedule without changing the project scope?

A

Schedule Compression

06.7.2.6 Schedule Compression

78
Q

What are existing processes and practices that can be used to help create the updated risk register?

A

Organizational process assets

06.7.3.6 Organizational Process Assets Updates

PMP Exam 2 (14 decks)

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