Schedule Management Flashcards
Gain expertise in schedule management by exploring key trends, adaptive strategies, and essential techniques. Learn to define activities, create schedules, estimate durations, manage float, and optimize performance while factoring in constraints for effective project delivery.
Define:
Activity Duration Estimate
This is used to create the project schedule and to predict when the project should end.
Inaccurate estimates could cost the performing organization thousands of dollars in fines, missed opportunities, lost customers, or worse.
Define:
Activity List
The primary output of breaking down the Work Breakdown Structure (WBS) work packages. A collection of all the work elements required to complete the project.
The activity list is an extension of the WBS and will be a fundamental tool in creating the project schedule.
The activity list is needed to ensure that all the deliverables of the WBS are accounted for and that the necessary work is mapped to each work package.
List:
Activity List Attributes
- Activity identifier
- Activity codes
- Activity description
- Predecessor and successor activities
- Logical relationships
- Leads and lags
- Resource requirements
- Imposed dates
- Constraints and assumptions
- Responsibility of the project team member(s) completing the work
- Location of the work
- Type and amount of effort needed to complete the work
The documentation of each activity’s characteristics will help with additional planning, risk identification, resource needs, and more.
Define:
Affinity Estimation
A method used to quickly place user stories into a comparable-sized group.
Define:
Analogous Estimating
An approach that relies on historical information to predict the cost of the current project.
Analogous estimating, also known as top-down estimating, is a form of expert judgment. To use analogous estimating, activities from the historical project that are similar in nature are used to predict similar activities in the current project.
Define:
Apportioned Effort
(AE)
These activities can’t be easily broken down into individual, traceable events.
For example, quality assurance is part of every project activity, but it isn’t just one activity in the project.
Define:
Bar Chart
These show the start and end dates for the project and the activity duration against a calendar.
They are easy to read. Scheduling bar charts are also called Gantt charts.
Define:
Bottom-Up Estimating
The most accurate time-and-cost estimating approach a project manager can use.
This estimating approach starts at “the bottom” of the project and considers every activity, its predecessor and successor activities, and the exact amount of resources needed to complete each activity. This estimating approach starts from zero, accounts for each component of the WBS, and arrives at a sum for the project. It is completed with the project team and can be one of the most time-consuming and most reliable methods to predict project costs.
Define:
Control Account
A Work Breakdown Structure (WBS) entry that considers the time, cost, and scope measurements for that deliverable.
The estimated performance is compared against the actual performance to measure the overall performance for the deliverables within that control account.
The specifics of a control account are documented in a control account plan.
Define:
Control Threshold
A predetermined range of acceptable variances, such as +/–10 percent off schedule.
Should the variance exceed the threshold, project control processes and corrected actions will be enacted.
Define:
Corrective Action
This is any method applied to bring the project schedule back into alignment with the original dates and goals for the project end date.
Corrective actions are efforts to ensure that future performance meets the expected performance levels.
Define:
Crashing
A schedule compression approach that adds more resources to activities on the critical path to complete the project earlier.
When crashing a project, costs are added because the associated labor and sometimes resources (such as faster equipment) cause costs to increase.
In the crashing process, costs grow as resources are added. Crashing doesn’t always work. Consider activities that have a fixed duration and won’t finish faster with additional resources.
Define:
Critical Path
The path in the project network diagram that cannot be delayed; otherwise, the project completion date will be late.
There can be more than one critical path. Activities in the critical path have no float.
Define:
Discretionary Dependencies
These dependencies are the preferred order of activities. Project managers should use these relationships at their discretion and should document the logic behind the decision.
Discretionary dependencies allow activities to happen in a preferred order because of best practices, conditions unique to the project work, or external events.
This also shows the number of user story points in the product backlog in relation to the number of user stories the team can create in each iteration.
These relationships are also known as soft logic, preferred logic, or preferential logic.
Define:
Early Finish
The earliest a project activity can finish.
This is used in the forward pass procedure to discover the critical path and the project float.
Define:
Early Start
The earliest a project activity can begin.
This is used in the forward pass procedure to discover the critical path and the project float.
Define:
External Dependencies
As the name implies, these are dependencies outside of the project’s control.
Examples include the delivery of equipment from a vendor, the deliverable of another project, or the decision of a committee, a lawsuit, or an expected new law.
Define:
Fast Tracking
A schedule compression method that changes the relationship of activities.
This is a schedule compression method that changes the relationship of activities, allowing activities that would normally be done in sequence to be done in parallel or with some overlap.
However, it adds risk to the project. This method makes it more difficult to show proof of progress to management.
Define:
Finish-to-Finish
(FF)
An activity relationship type that requires the current activity to be finished before its successor can finish. Task B cannot finish until Task A is finished.
For example, two teams of electricians may be working together to install new telephone cables throughout a building by morning. Team A is pulling the cable to each office. Team B, meanwhile, is connecting the wires to wall jacks and connecting the telephones.
Team A must pull the cable to the office so that Team B can complete their activity. The activities need to be completed at nearly the same time, by Monday morning, so that the new phones are functional.
Define:
Finish-to-Start
(FS)
An activity relationship type that requires the current activity to be finished before its successor can start. Task B cannot start until Task A is finished.
For example, in a construction project, the foundation must be set before the framing can begin.
Define:
Fragnet
A representation of a project network diagram is often used for outsourced portions of a project, repetitive work within a project, or a subproject.
Can also be referred to as a subnet.
Define:
Free Float
The total time a single activity can be delayed without affecting the early start of its immediately following successor activities.
Define:
Hard Logic
Logic that describes activities that must happen in a particular order.
For example, the dirt must be excavated before the foundation can be built. The foundation must be in place before the framing can begin.
Also known as a mandatory dependency.
Define:
Ideal Time
The amount of time needed to complete an assignment without distractions or interruptions.