Schedule And Resource Optimisation

Question 1

What is resource smoothing?

Answer 1

It is used when the time is critical and the end date should not be missed. The float is therefore used to move tasks to obtain the smoothest histogram. Making best use of resources.

Question 2

What is resource levelling?

Answer 2

When there is limited resource, tasks are moved to reduce the resources required. Often results in end date moving.

Question 3

What is a cost breakdown structure?

Answer 3

Allocate costs to each activity from the work breakdown structure:

• labour
• Materials
• Fees etc

Question 4

In a linear life cycle what is fixed and what is variable?

Answer 4

Scope and quality fixed and cost variable.

Question 5

What is fixed and variable in an iterative life cycle?

Answer 5

Schedule and costs are fixed with scope being variable.

Question 6

When is funding given in a linear and iterative project?

Answer 6

Linear = funds allocated at decision gates for next phase.
Iterative - released frequently for each iteration.