ProjectManagement Flashcards
1
Q
project management useful for
A
unique set of activities, limited time
2
Q
three steps of project management
A
-planning
-scheduling
-controlling
PSC
3
Q
planning the project
A
- set goals
- define project
- breakdown work
- indentify resources
4
Q
scheduling the project
A
- sequence activities
- assign people
- schedule
5
Q
controlling the project
A
- revise and change plans
- monitor and shift resources
6
Q
GANTT chart
A
-identify predecessor, successor, and time for each task
7
Q
critical path method (CPM)
A
- development network chart of activities
- find critical path
8
Q
critical path
A
-longest path, determines expected project duration
9
Q
slack
A
difference between length of one path and critical path
10
Q
forward scheduling
A
`-answers how long to complete job
- calc ES and EF
- use MAX for next value
11
Q
backward scheduling
A
- answers when the latest job can be started without a delay
- calc LS and LF
- use MIN for next value
12
Q
slack formula
A
LS-ES or LF-EF
13
Q
crashing
A
shortening the duration with smallest costing way. inject additional resources
14
Q
crashing procedure
A
-crash one period at a time
-crash least expensive activity on critical path
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