Schedule Management Knowledge Area Flashcards
Define Project Scheduling
represents how and when the project will deliver services, products and resulted defined in the project scope and aids with performance reporting and communications
How do schedule considerations differ in an agile/ adaptive framework?
often short cycles are used to start work allowing for rapid feedback and manifest as on-demand (such as Kanban) and iterative schedules (with a backlog)
Define Project Schedule Network Diagram
a graphical depiction of the relationships among project activities
Define Precedence Diagramming Method
a network diagramming method using rectangles (nodes) to represent activities and arrows to show logical relationships between the activities; AKA Activity-on-Node
What are the (4) types of Dependencies
Finish to Start
Finish to Finish
Start to Start
Start to Finish
Define Lead
Starting an activity prior to completion of the preceding activity; getting a head-start on an activity
Define Lag
Delaying the start of an activity after the completion of a preceding activity; delaying an activity
Define Bottom-Up Estimating
breaking a project or activity down in smaller components that are easier to estimate, then aggregating those costs or durations
Define Analogous Estimating
using a previous project or activity as a starting point to estimate activity costs or activity durations
Define Parametric Estimating
using statistical relationship to calculate cost or duration; typically involves multiplying the number of units by a cost or duration per unit
3 Point Estimating
a weighted average method used to increase estimation accuracy; uses Optimistic, Pessimistic and Most Likely estimates to calculate the estimated activity cost or duration
Beta Distribution Formula (PERT) and Triangular
What is the Beta Distribution Formula?
AKA PERT
(O+4*ML+P)/6
What is the Triangular Distribution Formula?
(O+ML+P)/3
Define Reserve Analysis
contingency reserves used to account for schedule or cost uncertainty (risks)
Define Critical Path
the path of activities along which any delays will cause the project to be delayed; the longest duration path through the schedule network diagram; the chain of tasks which all have the least amount of float (normally zero)
Define Total Float (Slack)
the amount of time an activity can be delayed without delaying the project completion date
Define Free Float
the amount of time an activity can be delayed without delaying the earliest following (successor) activity
Define Critical Path Method
a schedule analysis method calculating the shortest path for the project, float for each activity, and possible start and finish dates for each activity
What are (2) schedule compression techniques?
Crashing: add resources, results in higher costs
Fast tracking: doing activities in parallel, which increases risk
Define resource leveling
used to adjust the resource schedule when resources have been over-allocated; often lets the schedule slip in order to level out resource utilization; a histogram (bar chart) is the tool used to do this
Define resource smoothing
used to adjust the activities within the schedule to keep resources from exceeding limits; with resource smoothing, the completion date is not delayed
Define schedule baseline
the accepted and approved version of the project schedule
Inputs, T&Ts, Outputs of Plan Schedule Management
Inputs: Project charter, project management plan, EEF/OPAs
T&Ts: expert judgment, data analysis, meetings
Outputs: schedule management plan
Inputs, T&Ts, Outputs of Define Activities
Inputs: Project management plan, EEF/OPAs
T&Ts: Expert judgment, decomposition, rolling wave planning, meetings
Outputs: Activity list, activity attributes, milestone list, change requests, project management plan updates
Inputs, T&Ts, Outputs of Sequence Activites
Inputs: project management plan, project documents, EEF/OPAs
T&Ts: precedence diagramming method (PDM), dependency determination and integration, leads and lags, project management information system
Outputs: project schedule network diagrams, project documents
Inputs, T&Ts, Outputs of Estimate Activity Durations
Inputs: Project management plan, project documents, EEF/OPAs
T&Ts: expert judgment, analogous estimating, parametric estimating, three-point estimating, bottom-up estimating, data analysis, decision making, meetings
Outputs: Duration estimate, Basis of estimates, project documents updates
Inputs, T&Ts, Outputs of Develop Schedule
Inputs: Project management plan, project documents, Agreements, EEF/OPAs
T&Ts: schedule network analysis, critical path method, resource optimization, data analysis, leads and lags, schedule compression, project management information system, agile release planning
Outputs: schedule baseline, project schedule, schedule data, project calendars, change requests, project management plan updates, project documents updates
Inputs, T&Ts, Outputs of Control Schedule
Inputs: Project management plan, project documents, work performance data, OPA
T&Ts: data analysis, critical path method, project management information system, resource optimization, leads and lags, schedule compression
Outputs: work performance information, schedule forecasts, change requests, project management plan updates, project documents updates
What refers to the most recent schedule with notations to indicate updates, completed activities, and started activities as of the indicated data date?
Project Schedule
