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
What are the 5 elements that need controling in a project
What are the 7 advantages of Project Managment (PM) Software
