Chapter 5 - Exam Review Flashcards
The earliest time at which a specific activity can begin
ES (earliest start)
The latest time by which is specific activity must be started for the entire project to be finished by it’s required completion time
LF (latest finish)
Amount of time an activity’s earliest finish time can be delayed without delaying succeeding tasks beyond their latest finish times
Total slack
Total slack calculation
LF - ES or LS - ES
Amount of time a specific activity can be postponed without delaying the earliest start time of it’s immediately succeeding activities
Free slack
The longest part in the Overall network
Critical path
How can you determine which activities make up the critical path?
Find which ones have the least slack. Subtract the EF time from the LF time for each activity (or subtract ES time from the LS time) and then look for all activities that have the lowest value. all the activities with this value are on the critical path of activities.
A network-based, planning and scheduling technique that displays activities along time scale. AKA bar chart
Gantt chart
Involves regularly gathering data on project performance, comparing actual performance to planned performance, and taking corrective action immediately if actual performance is behind planned performance. This process must occur regularly throughout the project.
Project control
An approach to reduce product development time while minimizing risk through continuous interaction between the customer and small self-organized teams that produce increments of working product features in short time iterations while rapidly adapting to changes in requirements. It is applicable to projects for which the requirements are difficult to define at the beginning or may change quickly or often during the project.
Agile project management
