(SEM 1/2) Planning, Estimating and Cost Management Flashcards
1
Q
What is the work breakdown structure?
A
The work breakdown structure is condensed to:
How many activities shall we use?
Is the job to be carried out in sections?
Shall we split the activites floor by floor?
Shall we include the fabrication of events?
Shall we separate finishing trades?
2
Q
What is a precendence network?
A
A precendence network s a visual representation of a project’s tasks, dependencies, and critical paths.
3
Q
What are the components of duration?
A
(QNO)
Quantity of Work
Number of Resources
Output
Q divided by N x O.
4
Q
What does “EST” mean in relation to planning?
A
Earliest Start Time.
5
Q
What does “LST” mean in relation to planning?
A
Latest Start Time.
6
Q
A
