Chapter 6 Project Schedule Management Flashcards
Project Schedule Model Maintenace
Process used to update the status and record progress of the project in the schedule model during the execution of the project.
Define Activities
Process of identifying and documenting the specific actions to be performed to produce deliverables.
Decomposes work packages into scheduled activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling project work
Control Thresholds
Variance thresholds for monitoring schedule performance may be specified to indicate an agreed upon variation before action is needed
Expressed as a percentage. Deviations from the parameters estimated in the baseline plan.
Rolling Wave Planning
An iterative planning technique in which the work to be accomplished in the near term is planned in detail, while work further in the future is planned at a higher level.
Progressive elaboration applicable to work packages, planning packages, and release planning when using Agile or Waterfall.
Activity List
The schedule of activities required on a project
Includes an activity identifier and scope of work description for each activity in detail to ensure the team understands the work required.
Activity Attributes
Extend the description of the activity by identifying multiple components associated with each activity.
Used to identify where the work is to be performed, project calendar, and type of effort involved.
Sequence of Activities
The process of identifying and documenting relationships among the project activities
Key benefit is it defines the logical sequence of work to obtain the greatest efficiency given the
Project Scheduling
A detailed plan that requests how and when the project will deliver the products, services, results defined in the project scope and serves as a tool for communication, managing stakeholders expectations and as a basis for performance reporting.
Iterative Scheduling
with Backlog
A form of rolling wave planning based on adaptive life cycles such as the approach for product development
Requirements documented as user stories that are refined and prioritized prior to construction
Delivers incremental value to the customer
On Demand Scheduling
Used in the Kanban System, based on the pull-based scheduling to limit a teams work in progress in order to balance demand against the teams delivery.
Does not rely on a schedule pulls work from backlog - a queue of work to be done ASAP.
Plan Schedule Management
The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing and controlling the project schedule.
Provides guidance on how the project schedule will be managed throughout the project
Time Boxed Periods
Durations during which the team works steadily towards completion of a goal.
Helps minimize scope creep.
Lags & Leads
Lead - Amount of time a successor activity can be advanced with respect to predecessor activity.
Lag- Amount of time a successor activity will be delayed with respect to a predecessor activity.
Estimate Activity Durations
Process of estimating the number of work periods needed to complete individual activities w/ estimated resources.
Provides the amount of time each activity will take to complete
Analogous Estimating
A technique for estimating the duration or cost of an activity using historical data from a previous similar project or activity
Used when there is a limited amount of info.
Not accurate.
PDM
Precedence Diagramming Method
Technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by 1 or more logical relationships to show the sequences in which the activities are performed.
Parametric Testing
Technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters
Multiplying the quantity of work by the number of labor hours per unit of work
Three Point Estimating
Most Likely (tM)- Based on previous project data
Optimistic (tO) - Best case scenario
Pessimistic (tP) - Worse case scenario
Duration Estimate
Quantitive assessments of the likely number of time periods that are required to complete an activity, phase or project.
Schedule Network Analysis
Overarching technique used to generate the project schedule model
Critical Path Method
Used to estimate the minimum project duration and determine the amount of schedule flexibility on the logical networks path within the schedule model
Total Float
The schedule flexability or amount of time that a schedule activity can be delayed or extended without delaying the project finish date
Free Float
The amount of time that a schedule activity can be delayed without delaying the early start date of any successor.
Critical Chain
The critical chain method is a technique that modifies the project schedule to account for limited resources by adding duration buffers that are non-work schedule activities to maintain focus on the planned activity durations.
Pareto Chart
A specific type of histogram that ranks causes or issues by their overall influence.
It assists in prioritizing corrective actions as the issues with the greatest impact are displayed in order. In addition, the Pareto chart includes an arc representing the cumulative percentage of the causes.
Resource Leveling
Start and finish dates are adjusted based on resource constraints with the goal of balancing the demand.
Resource Smoothing
Adjusts the activities of a schedule model so that the requirements for resources on a project do not exceed certain predefined resource limits
What if Scenario Analysis
The process of evaluating scenarios to predict their effect, positive or negative on project objectives.
Simulation
Models the combined effects of individual project risks and other sources of uncertainty to evaluate their potential impact on achieving project objectives.
Schedule Compression
Techniques used to shorten or accelerate the schedule duration without reducing the project scope in order to meet schedule constraints.
Crashing
Used to shorten the schedule duration for the least incremental cost by adding resources
Fast Tracking
Schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.
Agile Release Planning
Provides a high level summary timeline of the release schedule (usually 3-6months) based on the product road map and the product vision for the products evolution.
Schedule Data
A collection of info for describing and controlling the schedule. Milestones, activities, activity attributes
Project Calendars
Identifies working days and shifts that are available for scheduled activities