Chapter 6: Project Time Management Flashcards
What are the four relationships in a PDM?
FS = finish to start FF = finish to finish SS = start to start SF = start to finish
06.3.2.1 Precedence Diagramming Method
What allows an acceleration of a successor activity, is represented by a negative value and is represented by a minus sign?
A lead
06.3.2.3 Leads and Lags
In what process is the risk register developed?
Identify Risks
06.4.1.5 Risk Register
What are existing processes and practices that can be used to help create the updated risk register?
Organizational process assets
06.7.3.6 Organizational Process Assets Updates
What is used to account for cost uncertainty, is part of the funding requirements and is used at the discretion of of the project manager to deal with known unknowns?
Contingency reserves
6.5.2.6 Reserve Analysis
What is the degree of total float in the critical path?
0 or negative numbers
A CPM critical path is normally characterized by zero total float on the critical path.
6.6.2.2 Critical Path Method
What technique adjusts the activities of a schedule model such that the requirements for resources on the project do not exceed certain predefined resource limits.?
Resource smoothing
6.6.2.4 Resource Optimization Techniques
What is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply?
Resource leveling
6.6.2.4 Resource Optimization Techniques
What are the two types of schedule compression?
- Fast tracking
- Crashing
6.6.2.7 Schedule Compression
What is any schedule activity on a critical path in a project schedule?
Critical Activity
Most commonly determined by using the critical path method. Although some activities are “critical,” in the dictionary sense, without being on the critical path, this meaning is seldom used in the project context.
6.6.2.2 Critical Path Method
What directs a delay in the successor activity is represented as a positive value and is represented by a plus sign?
A lag
6.3.2.3 Leads and Lags
What is the process of monitoring the status of the project activities to update project progress and managing changes to the schedule baseline to achieve the plan?
Control Schedule
6.7 Control Schedule
What is a technique that computes, or iterates, the project cost or project schedule many times using input values selected at random from probability distributions of possible costs or durations, to calculate a distribution of possible total project cost or completion dates?
Monte Carlo Analysis
6.6.2.5 Modeling Techniques
What is the order of the time management knowledge area processes?
- Plan schedule management
- Define activities
- Sequence Activities
- Estimate Activity Resources
- Estimate Activity Durations
- Develop Schedule
6.0 Project Time Management
What identifies all milestones and significant points in the project?
Milestone List
6.2.3.3 Milestone List
What is the process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule?
Develop Schedule
6.6 Develop Schedule
What is a technique for estimating the statistical relationship between historical data and other variables (e.g., square footage in construction, lines of code in software development) to calculate an estimate for activity parameters, such as scope, cost, budget, and duration?
Parametric
6.5.2.3 Parametric Estimating
What is the component of the project management plan that describes how the schedule will be effectively managed throughout the course of the project?
The schedule management plan
6.1.3.1 Schedule Management Plan
What is similar to schedule activities, but has zero duration?
Milestone List
6.2.3.3 Milestone List
What component of the project management plan describes how the schedule will be effectively managed throughout the project?
The schedule management plan
6.1.3.1 Schedule Management Plan
What is the component of the project management plan that describes how the schedule will be effectively managed throughout the project?
Schedule management plan
6.1.3.1 Schedule Management Plan
What contains information regarding people, equipment, supplies and material (resources) and when they are available and unavailable?
Resource calendars
6.4.1.4 Resource Calendars
What lists the availability, capabilities, and skills of human resources?
Resource calendars
6.4.1.4 Resource Calendars
What contains information on risk events that may impact people, material, equipment, supply, or location?
The Risk Register
6.4.1.5 Risk Register
What captures the costs associated with all people, material, equipment, supply or location that could impact resource selection?
Activity cost estimates
6.4.1.6 Activity Cost Estimates
What contains information on risk events that may impact duration estimates along with the results of risk analysis and risk response planning?
The Risk Register
6.4.1.5 Risk Register
What is an estimating technique that uses the duration or cost of an activity from similar, previous projects to estimate project duration when we have a limited amount of detail?
Analogous estimating
6.5.2.2 Analogous Estimating
What kind of estimating is more accurate than analogous estimating?
Parametric estimating
6.5.2.3 Parametric Estimating
What kind of estimate quantitatively creates an estimate by multiplying the work to be performed by the productivity rate?
Parametric estimating
6.5.2.3 Parametric Estimating
What is the process of identifying the specific actions to be performed to produce the project deliverables?
Define Activities
6.2 Define Activities
What is CPM?
Critical Path Method
6.6.2.2 Critical Path Method
What is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level?
Rolling Wave Planning [Progressive Elaboration]
6.2.2.2 Rolling Wave Planning