Chapter 6 Vocab Flashcards
activity list
A listing of all of the project activities required to complete each project phase or the entire project.
activity on node
A network diagramming approach that places the activities on a node in the project network diagram.
activity sequencing
The process of mapping the project activities in the order in which the work should be completed.
analogous estimating
A duration-estimating technique that bases the current project duration estimate on historical information from similar projects.
crashing
A duration-compression technique that adds project resources to the project in an effort to reduce the amount of time allotted for effort-driven activities.
critical chain method
A network diagramming approach that considers the avail- ability of project resources and the project’s promised end date to determine the critical path(s) in the project.
critical path method
A network diagramming approach that identifies the project activities that cannot be delayed or the project completion date will be late.
discretionary dependencies
The order of the project activities do not have to be completed in a particular order. These tasks can be completed in the order of the project manager or at the project team’s discretion.
fast-tracking
A duration-compression technique that allows entire phases of a project to overlap other phases.
finish-to-finish
A relationship between project activities where the predecessor activities must finish before successor activities may finish.
finish-to-start
A relationship between project activities where the predecessor activities must finish before the successor activities may start; this is the most common network diagramming relationship type.
float
A generic term to describe the amount of time an activity may be delayed with- out delaying any successor activities’ start dates.
FNET
A project constraint that requires an activity to finish no earlier than a spe- cific date.
fragnet
A portion of the project that is usually contracted to a vendor to complete, yet the project work is still represented in the project network diagram.
hard logic
The project activities must be completed in a particular order; this is also known as mandatory dependencies.
lag
Time added to a project activity to delay its start time; lag time is considered posi- tive time, and it is sometimes called waiting time.
lead
ime added to an activity to allow its start time to begin earlier than scheduled; lead time is negative time, as it moves the activities closer to the project’s start date.
mandatory dependencies
Project activities must happen in a particular order due to the nature of the work; also known as hard logic.
Monte Carlo analysis
A what-if scenario tool to determine how scenarios may work out, given any number of variables. The process doesn’t actually create a specific answer, but a range of possible answers. When Monte Carlo is applied to a schedule, it can present, for example, the optimistic completion date, the pessimistic completion date, and the most likely completion date for each activity in the project.
network template
A network diagram based on previous similar projects that is adapted for the current project work.
parametric estimating
Ideal for projects with repetitive work where a parameter, such as five hours per unit, is used to estimate the project duration.
Parkinson’s Law
Work expands to fill the amount of time allotted to it.
precedence diagramming method
The most common method of arranging the project work visually. The PDM puts the activities in boxes, called nodes, and connects the boxes with arrows. The arrows represent the relationship and the dependencies of the work packages.
project calendar
A calendar that defines the working times for the project. For example, a project may require the project team to work nights and weekends so as not to disturb the ongoing operations of the organization during working hours. In addition, the project calendar accounts for holidays, working hours, and work shifts the project will cover.