Managing Projects - Week 3 / Project Schedule Management Flashcards
Process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule
Plan Schedule Management
For general purpose scheduling, use….
Microsoft Office Project
For Construction Management Scheduling use….
Oracle’s Primavera P6 Professional
Process of identifying and documenting the specific actions to be performed to produce the project deliverable
Define Activities
CHRONOLOGICAL IMPLICATIONS of what needs to be delivered?
Time Management
Process of identifying and documenting relationships among the project activities
Sequence Activities
Process of estimating the number of work periods needed to complete individual activities with the estimated resources
Estimated Activity Durations
Commonly measured in days, but for a short project it could be expressed in hours, or for a long project perhaps weeks may be more appropriate
Estimated Activity Durations
Used to mark key deliverables or project stages and are given a zero duration
Milestone Activities
“Plan Schedule Management” is simply
- Develop Schedule
- Monitor and Control
Time Management includes 5 processes:
- Plan schedule management
- Define activities
- Sequence activities
- Estimate resource requirements
- Develop and control
Process of estimating the number of work periods needed to complete individual activities with the estimated resources?
Estimate Activity Durations
Length of time an activity is expected to take to complete is known as
Duration
The process of analysing activity sequences, durations, resource requirements, and schedule constraints?
Develop Schedule
Most common form of project schedule analysis?
Critical Path Method
Most common method of project schedule presentation?
Gantt chart
Common examples of schedule optimisation?
- Network compression
- Resource levelling
Process of monitoring the status of the project to update the project schedule and manage changes to the schedule baseline?
Control Schedule
The easiest and most well practiced method ofdocumenting the logical sequencing of activities?
Network Diagram
Preferred scheduling approach?
Critical Path Method
The purpose of the forward pass in CPM is?
Calculate the earliest start and earliest finish dates
Two Types of Schedules?
- Gantt Chart
- Network Diagram
The purpose of the backward pass in CPM is?
Calculate the latest start and latest finish date
Defined as the amount of float (slack) that can be used up without affecting the earliest start of any other activity within the schedule?
Free Float (FF)
The shared float for all activities along a particular network branch?
Total Float
Translate the logic of the network diagram onto a calendar grid?
Bar Chart
Process of ensuring valuable resources are not overloaded or conflicted?
Resources Levelling (Smoothing)
Developed with experts to develop a quick estimate; more accurate estimates are gathered later?
Rough Order of Magnitude Estimate (ROM)
indicate the periods during which a resource is unavailable?
Resource Calendar
May entail overtime or weekend work, increasing resources allocated to the project, or even rethinking the logic of activity sequencing (including fast-tracking)?
Accelerated Completion
This approach is sometimes called crashing the program, or duration compression?
Accelerated Completion
Inefficiencies, supervision problems and extra working overheads (infrastructure) are introduced that will have an upward effect on activity cost and a reduction in quality, and hence are not always wise decisions?
Duration Compression
Each activity a range of values is provided that represent both the best case (optimistic) and worse case (pessimistic) in addition to the most likely scenario in this way the probability of the project/event being completed on time can be objectively calculated?
Program Evaluation and Review Technique (PERT)
Can be used to calculate a budget via the addition of the cost of all resources in the schedule?
Resource Implications
Common objective to minimise the amount of time to complete a project (i.e. finish faster)?
Minimising Project Time
Drawbacks to finishing more quickly?
- Project costs may risen
- Quality of finished work may fall
- The agreed scope of work may come under pressure
- Additional risk may be added
- Larger contingency may be needed
Something that needs to be balanced in order for overallproject performance to be maximised
Time
