Schedule

Question 1

How do you calculate Triangular distribution?

Answer 1

E is Estimate; o = optimistic estimate; p = pessimistic estimate; m = most likely estimate

Question 2

What is crash the schedule

Answer 2

technique used to shorten the schedule duration for the least incremental cost by adding resources.

Question 3

what is SPI?

Answer 3

Schedule Performance Index <1 = behind schedule =1 is on schedule >1 is ahead of schedule

Question 4

What is Project Float

Answer 4

a number that indicates the amount of time a task can be delayed without impacting subsequent tasks or the project’s overall completion.

Question 5

What is free float?

Answer 5

The amount that a task can move without affecting other tasks. Free Float = ES2 – EF1

Question 6

What is total float?

Answer 6

Total Float: The amount that a task can move without affecting the final project completion date. Total Float = LF – EF. Total Float = LS – ES. Both of these formulas produce the same result.

Question 7

an allocation of the budget at a high level that is specifically reserved for project unknowns.

Answer 7

Contingency Reserve

Question 8

What is called when ‘the completion of the successor activity depends on the initiation of the predecessor activity’?

Answer 8

Start-to-finish

Question 9

What is is called when one activity — the predecessor — must be fully complete before any following — successor — activities may begin.

Answer 9

Finish to Start

Question 10

What is Rolling Wave

Answer 10

Rolling wave planning is a type of project schedule that focuses on iterative work and frequent updates to the project plan. It’s a project planning technique for projects that don’t offer all the data needed to create a plan or schedule up front.

Question 11

Analogous Estimating

Answer 11

uses information from similar projects to establish a cost estimate based on the data available

Question 12

Mandatory Dependency (Hard Logic)

Answer 12

A mandatory dependency is a natural flow of work being done (e.g. you must give the command to print before you can print). It may be required by the contract.

Question 13

What is Soft Logic?

Answer 13

Sometimes referred as preferential or discretionary logic. These are the kind of logic touched by the hand of the planner/scheduler.

Question 14

What is the Crashing technique?

Answer 14

Crashing means to add additional resources to your project. Crashing requires additional budget. So you want to crash those activities that give you the biggest bang for the buck – the most schedule compression at the least cost. Both techniques only make sense if you apply them to activities on your critical path

Question 15

What is CPI

Answer 15

he cost performance index (CPI) is a measure of the conformance of the actual work completed (measured by its earned value) to the actual cost incurred

Question 16

What is Resource Leveling

Answer 16

Resource leveling is a project management technique that involves resolving overallocation or scheduling conflicts to ensure a project can be completed with the available resources.

Question 17

Why do you ‘develop the schedule’?

Answer 17

create a schedule model

Question 18

What is called when a successor activity cannot begin before its predecessor has started?

Answer 18

Start to Start

Question 19

What is the difference between Project/total Float and Free Float?

Answer 19

total float is about project completion, whereas free float is the amount of time a task can be delayed without affecting the subsequent task on the path

Question 20

What is Program Evaluation Review Technique (PERT)?

Answer 20

A project management planning tool used to calculate the amount of time it will take to realistically finish a project.

Question 21

What is Critical Chain Method?

Answer 21

Change project schedule for limited resources

A technique that modifies the project schedule to account for limited resources by adding duration buffers that are non-work schedule.

Question 22

What is activity on arrow in project management?

Answer 22

The activity on arrow (AoA) technique is a project management tool for mapping and scheduling activities, such as tasks or events. Project managers use circles, referred to as nodes, to represent each activity of a project. Each node has sections that denote the earliest and latest event start times. Can include Dummy arrows.

Question 23

What does Schedule Management plan document?

Answer 23

Approaches for planning, executing and control the schedule and “how to” procedures.

Question 24

What is Contingency Reserve?

Answer 24

Time that you add to your schedule as a result of risks that you have identified

Question 25

What is ‘Lags?

Answer 25

Lag is the delay of a successor activity and represents time that must pass before the second activity can begin.

Question 26

Do you include Lags in duration estimates?

Answer 26

NO!

Question 27

Expanding the work to fill the time available is known as what?

Answer 27

Parkinson’s law