Chapter 5: Creating the Project Schedule Flashcards
Core Topics: Activity Definition, Sequencing, Estimation, Scheduling Techniques (CPM, PERT), Kanban, and Scrum
What is the Schedule Management Plan?
The schedule management plan defines how the project schedule will be developed, monitored, and controlled throughout the project lifecycle.
What is the Define Activities process?
Define Activities is the process of identifying and documenting the specific actions required to produce the project deliverables.
What is a milestone in project scheduling?
A milestone is a significant point or event in the project that marks the completion of major deliverables or phases.
What is the Work Breakdown Structure (WBS) used for in scheduling?
The WBS is used to break the project work into smaller, more manageable components, which are then used to define activities and build the project schedule.
What is the Sequence Activities process?
Sequence Activities involves identifying and documenting the relationships among project activities, creating the logical flow of work.
What are predecessors and successors in activity sequencing?
A predecessor is an activity that must be completed before another can start, while a successor is an activity that follows a predecessor.
What is float (or slack) in project scheduling?
Float is the amount of time an activity can be delayed without delaying the project completion date or the start of subsequent activities.
What are the four types of dependencies in scheduling?
Finish-to-Start (FS), Start-to-Start (SS), Finish-to-Finish (FF), Start-to-Finish (SF).
What is the critical path?
The critical path is the longest sequence of activities in a project that must be completed on time for the entire project to be completed on schedule.
What is the Critical Path Method (CPM)?
CPM is a scheduling technique that determines the longest path through the project, identifying the shortest possible project duration.
What is the Program Evaluation and Review Technique (PERT)?
PERT is a statistical tool used to analyze and represent the tasks involved in completing a project, calculating expected durations using optimistic, pessimistic, and most likely estimates.
What is the formula for PERT?
(Optimistic + 4 × Most Likely + Pessimistic) / 6.
What is a Gantt Chart?
A Gantt chart is a visual representation of the project schedule, showing tasks, durations, dependencies, and progress over time.
What is resource leveling?
Resource leveling is a technique used to adjust the project schedule to account for resource constraints, ensuring that resources are not over-allocated.
What is resource smoothing?
Resource smoothing adjusts the schedule within predefined limits (without changing the critical path) to balance resource allocation.