Time Flashcards
What is the process of Time Management?
Define Activities Sequence Activities Estimate Activity Resources Estimate Activity Durations Develop Schedule Control Schedule
In which process is the schedule management plan created?
The schedule management plan is creaed in integration managbement, as part of the Develop Project Management Plan process.
What are the key outputs of the Define Activities Process?
Activity List
Activity Attributes
Milestone List
What are key outputs of the Sequence Activities process?
Network Diagrams
Project doc updates
What are key outputs of the Estimate Activity Resources process?
Activity resource requirements
Resource Breakdown Structure (RBS)
What are the key ouputs of the Estimate Activity Durations process?
Acitivy duration estimates
Project doc updates
What is the develop schedule process? What are its key outputs?
The actions and tools necessary to create a bought into, approved, realistic, and formal project schedule. Outputs:
Project Schedule
Schedule baseline
What are the key outputs of the Control Schedule process?
Work performance measurements
change requests
What are mandatory and discretionary dependancies?
Mandatory: One Activity MUST be done after or before another; may also be called hard logic.
Discretionary: When you PREFER activities to be accomplished in a certain order; may also be called preferred, preferential, or soft logic.
What are external dependancies?
Dependancies based on the needs of a party OUTSIDE the project.
What is a resource breakdown structure?
An organizational chart or table showing IDed resources by catagory.
What is critical path? How does it help the project?
The longest path through the network diagram.
It shows the PM the shortest time in which the project can be completed.
It shows the PM where to focus his or her time.
It is used in compressing or adjusting the schedule.
What is near-critical path?
The path closest in legnth to the critical path
Define lag
Waiting time inserted into the schedule.
Define total float and the formula for total float?
The amount of time an activity can be delayed without delaying the project.
Formula:
Late start - Early start
OR
Late finish - Early finish
Define free float and project float.
Free float: The amount of time an activity can be delayed without delaying the early start date of its successor.
Project float: The amount of time the project cna be delayed without affecting the projects required end date; the desired project end date minus the actual end date.
What are the methods to compress a schedule?
Crashing
Fast Tracking
What is crashing?
Schedule compression through analyzing cost and schedule trade-offs to obtain the greatest compression for the least cost while maintaining scope.
What is fast tracking?
Schedule compression by doing more critical path activities in parallell.
What is the critical chain method?
A scheudle netowkr analysis tool that makes use of buffers.
What is reestimating?
Estimating the project again after planning to make sure you can still meet the end date, budget, or other objectives.
What is resource leveling?
Keeping the amount of resources used for each time period constant, thus affecting the project duration?
What is schedule baseline?
the approved schedule with any approved changes, used to measure project schedule perfomrance.
What are the main tools for displaying a schedule?
Netowork Diagrams, Bar Charts, Milestone Charts.
