Chap 17 Flashcards
What are the 3 performance goals specific to a project
What are the 4 phases of a project
What are the 6 possible unethical behaviour when working on a project
What are the 5 aspect of project planning
What are the 11 possible responces to risks in a project
What are the 4 project managment tools
- Work Breakdown Structure (WBS)
- Gantt chart
- CPM( critical path method)/PERT( program evaluation and review technique))
- Software
What is Work breakdown structure (one of the project managment tool)
A hierarchical listing of what must be done
during a project
Establishes a logical framework for identifying the
required activities for the project
Define the grant chart (one of the project managment tools)
What are the 4 things provided by CPM (Critical Path Method)
What is a Precedence Network (provided by CPM)
Diagram of project activities that shows sequential
relationships by use of arrows and nodes. We use the Activity On Node
What is a Path in a precedence Network Diagram
A sequence of activities that leads from the starting node to
the finishing node
Define a path sleck time in a precedence network diagram
length of a path - length of critical path
What are the 4 motivations to crash a project
Avoid late penalties
Monetary incentives for early completion
Free resources for other projects
Reduce indirect costs
What 3 informations are required to be known before making decision about crashing
Regular time and crash time estimate for each actvity
regular cost and crash cost estimate for each activity
a list of activity on the critical path
Who does crashing affect the cost of a project
Crashing reduces indirect, but increases direct costs
Total cost is minimized at optimum amount of crashing
definition of the student syndrome
a student tends to delay the
start of an assignment until the last possible time
definition of the Parkinson’s law
work expands to fill the time available for its completion
What are the 5 elements that need controling in a project
What are the 7 advantages of Project Managment (PM) Software
