Chapter 8 Project Managment Flashcards
What are project management characteristics?
Project planning
Project return
Project team
Project control
What is project management ?
Unique, one-time operations designed to accomplish a specific set of objectives in a limited time frame.
What is giant chart?
A
What are the giant chart characteristics?
E
What is WBS ?
Breaks down project into major components (modules), modules are further broken down into activities and, finally individual task.
What are some functions of WBS?
- Identifies individual tasks, activities and determines resources requirements.
- Identifies relationship between activities and modules, avoid unnecessary applications of activities
- Provides the basis for developing and managing the project schedule, resources and modifications.
What is project crashing?
R
What is the general relationship of time and cost?
F
What is cost curve of a project?
R
What is CPM?
F
What is manual application ?
W
What is the difference of CPM and PERT
Deterministic activity time vs probabilistic
What the elements of project management ?
Schedule Resources Personnel Control Risk and problem analysis
What are the approaches for WBS development?
Top down process and Brainstorm the entire project
