Project Management

Question 1

What are the primary causes of project failures?

Answer 1

Change in org. Priorities
Poor Requirements gathering
Change in project objectives
Poor upfront planning

Question 2

What is the TOC 5-step process of focusing?

Answer 2

Identify
Exploit
Subordinate
Elevate
Start Over

Question 3

What is Parkinson’s Law

Answer 3

Work expands to fill (and usually exceed) the time allowed

Question 4

What is the 3 Minute Egg Rule

Answer 4

It’s not quality if a task is finished before the time us up

Question 5

What is Sandbagging

Answer 5

Holding Completed Work until the deadline

Question 6

What is “Aggressive, but Possible Times” ABPT

Answer 6

When someone estimates their time to complete a task, cut it in half and use that.

Question 7

What is the Critical Chain

Answer 7

Find the longest sequence of dependent events that prevents the project from completing sooner, based on ABPT Durations

Question 8

How much safety buffer do you use for projects?

Answer 8

you use about half of the safety removed from the tasks from ABPT

Question 9

Steps in Critical Chain Project Management

Answer 9

Determinte ABPT for each step
Identify critical chain
Add in project feeders, with buffers
Use Buffer Management to monitor project progress
Avoide multi tasking