Final Exam - Chapter 7 - Time management Flashcards
A vital characteristic of successful project managers is the way______ and _____.
they manage time and the way they help team members manage time.
This chapter describes the __________ and _______; the most widely-used tools for scheduling, monitoring, and communicating time aspects of projects.
Program Evaluation Review Technique (PERT)
Critical Path Method (CPM)
_____ IS A RESOURCE IF IT IS MANAGED EFFECTIVELY, OTHERWISE IT WILL be a _____
time
constraint
_____ _____ relates not only to the anticipated planned activities but also to unexpected events, such as last-minute changes, personnel issues, conflict resolution, and so on.
Time management
To be effective, a project manager must be organized and _____ work.
prioritize
You must plan your vacation to _____ with daily and routine work.
disconnect
An e#ective project manager has a priority list. The lack of prioritization has an adverse e#ect on time management and decision-making.
priority list
_____ can affect project organization, progress, personnel, and ultimately the outcome.
indecisiveness
However, consider the laws of _____ _____ where, beyond a certain point, additional time and energy is unnecessary and, if continued, can be counter-productive.
diminishing returns
This section will describe the techniques of _____ _____ _____ _____ and _____ _____ _____ for planning, scheduling, and controlling project activities
Program Evaluation Review Technique (PERT) and Critical Path Method (CPM)
This section will describe the techniques of _____ _____ _____ _____ and _____ _____ _____ for planning, scheduling, and controlling project activities
Program Evaluation Review Technique (PERT) and Critical Path Method (CPM)
PERT/CPM shows the sequence and duration for each activity and enables the project man-ager to determine which tasks may become _____ and thus delay the entire project.
bottlenecks
network diagram
epicts these nine activities and the estimated duration for each. An arrow presents each activity. Activity duration is shown below the arrow. !e network depicts the interdependence of all of the activities needed to complete this project
critical path
Using this network we can determine the total project completion time by identifying what is called the
A ____ is a sequence of connected activities that extends from the starting node (1) to the completion node (8).
path
One estimate is referred to as ____ and is based on the assumption that everything is under control and that the activity will progress according to an ‘ideal’ plan. A
optimistic
Another estimate is referred to as ____ and is based on the assumption that whatever can go wrong will go wrong.
pessimistic
The third estimate is referred to as the _____ ____ and is based on a reasonable assumption of normality, somewhere between the optimistic and the pessimistic.
most likely
t value formula time
t = (o + 4m + p) / 6
Variance formula
o^2 = ((p-o)/6)^2
project managers are often asked whether a project will be completed by a certain date and the ________ of that happening, similar to the last question on the list of questions we posed for the seven-activity project. I
probability
_______ ______ _____ _______ to a project is a task that can make or break a project and we look at the process of forming a project team in a separate chapter
THE ALLOCATION OF RESOURCES
this information can be used to generate a _____ _____ _______ , using a computer software package such as Microsoft Project.
resource allocation graph
The ____ _____ process can be particularly useful for management reviews and during plan approvals.
resource smoothing
