Chapter 7 & 8

Question 1

STEPS TO CREATING A DETAILED PLAN (8)

Answer 1

1. Create project definition (SOW)
2. Create a responsibility matrix
3. Develop a risk management strategy
4. Build a work breakdown structure (WBS)
5. Identify task relationships
6. Estimate work packages
7. Calculate initial schedule
8. Assign and level resources

Question 2

When there is a series of tasks that need to be performed there will be ______________.

Answer 2

sequence constraints

Question 3

When tasks can be performed at the same time, they are known as __________.

Answer 3

concurrent tasks

Question 4

Task A must finish before task B can starts is A.K.A

Answer 4

finish to start

Question 5

Task A must start before task B can start is A.K.A

Answer 5

start to start

Question 6

Task A must finish before Task B can finish is A.K.A

Answer 6

finish to finish

Question 7

Building the cost and schedule estimates by starting from the work packages is called

Answer 7

bottom-up estimating.

Question 8

Productivity can reduce duration by way of

Answer 8

experience

Question 9

Cost Estimates Come From 4 Sources:

Answer 9

1. Labour Estimates
2. Equipment Estimates
3. Materials Estimates
4. Fixed-Price Bids

Question 10

Steps to CALCULATE INITIAL SCHEDULE:

Answer 10

STEP 1: Forward Pass
STEP 2: Backward Pass
STEP 3: Calculate Float

Question 11

The path in the project plan (typically shown via the network diagram) that contains all of the tasks with zero or negative float is called the ________ and it’s the _______ path.

Answer 11

1. critical path

2. longest path

Question 12

Two alternative ways to calculate schedule (other than network diagrams) include:

Answer 12

Gantt Charts & Time-Scaled Networks.

Question 13

RESOURCE LEVELLING is

Answer 13

all about optimizing the use of people and

equipment assigned to a given project.

Question 14

RESOURCE LEVELLING assumption is:

Answer 14

whenever possible it is most productive to have consistent, continuous use of the fewest resources possible

Question 15

This is the last step to creating a realistic schedule…

Answer 15

RESOURCE LEVELLING

Question 16

AVOID THE CLASSIC MISTAKES which are….

Answer 16

• Making ballparks in elevators
• Estimating without complete specifications
• Confusion estimating with a bid
• Padding the estimate

Question 17

THREE LEVELS OF ACCURACY

Answer 17

1. Idea Evaluation or “Ballpark Estimate”
2. Project Selection or Rough Order of Magnitude (ROM)
3. Detailed Estimates

Question 18

4 ESTIMATING TECHNIQUES

Answer 18

1. Phased Estimating (Requires cost and schedule)
2. Apportioning (“Top-Down Estimating”)
3. Parametric Estimating
4. Bottom-Up Estimating