Management of Schedule: Controlling schedule

Question 1

What generally should be kept in mind when controlling schedule?

Answer 1

1. The schedule may be prone to change and require iterations
2. It should be reviewed frequently
   PDCA! Kaizen

Question 2

What 3 techniques that can be implemented to control schedule?

Answer 2

1. Earned Value Analysis (EVA)
2. Performance reviews
3. Trend analysis

Question 3

What is earned value analysis? (EVA)

Answer 3

1. Measures the value of work completed against the planned value and actual costs incurred
2. Forecasts completion date and final cost

Question 4

What is a performance review?

Answer 4

Measures level of actual performance (e.g. actual durations) against planned performance.

Question 5

What is trend analysis?

Answer 5

Examine performance over time to determine whether it is improving or deteriorating

Question 6

What project management information system should be used for controlling schedule?

Answer 6

Microsoft Project