Time

Question 0

What is the only non-planning process during the time management knowledge area?

Answer 0

Control schedule

Question 1

What are the 6 processes in the Time Management knowledge area? P99

Answer 1

1. Define activities
2. Sequence activities
3. Estimate activity resources
4. Estimate activity durations
5. Develop schedule
6. Control schedule

Question 2

What is the activity list & what is it an output of?

Answer 2

List representing all the schedule activities & it’s used during “ define activities”

Question 5

What is float?

Answer 5

Slack meaning how much an activity can sip before it starts to affect the critical path.

Question 6

What is early start?

Answer 6

1. Earliest an activity can start when you factor in other dependencies
2. The date the activity will start if everything goes according to plan

Question 7

What is late start

Answer 7

What the latest is the activity could start without delaying the project

Question 8

What is free float?

Answer 8

How much slack there is before a delay would affect early start date of subsequent dependent activities

Question 9

What is negative float?

Answer 9

Occurs when an activities start date occurs before a preceding activities finish date

Question 10

What is a dummy activity?

Answer 10

An activity on the network diagram that does not have time associated with it….included only to show a relationship and exists only on arrow diagrams

Question 11

What is duration compression

Answer 11

Crashing and/ or fast tracking

Question 12

What is crashing?

Answer 12

Applying more resources to an activity to get it down quicker, this increases costs and risks

Question 13

What is fast tracking

Answer 13

Performing activities in parallel that would normally be done in sequence

Question 14

What is heuristics?

Answer 14

Rules for which no formula exists, trial and error

Question 15

What are mandatory dependencies?

Answer 15

Activities that must be followed in a sequence

Question 16

What are discretionary dependencies?

Answer 16

Expert judgement or best practices …not hard fact

Question 17

What are external dependencies?

Answer 17

Dependencies relying on factors outside the organization

Question 18

What is lag?

Answer 18

The delay between being done with an activity and the one that follows it

Question 19

What is project % reserve time?

Answer 19

Add X% to entire project schedule

Question 20

What is “project lump sum” reserve time?

Answer 20

Add X months calendar schedule to end of project

Question 21

What is “activity %”

Answer 21

Add X% to each activity

Question 22

What is “activity lump sum” reserve time

Answer 22

Add X to each activity

Question 23

What is variance analysis

Answer 23

Comparing planned verses actual schedule dates

Question 24

What is sequencing activities and what is its key output (108)

Answer 24

1. Taking the activity list and organizing it in the order they must be performed
2. Project schedule network diagrams

Question 25

What is “estimate activity resources” how is it done (tools) and what are the key outputs?

Answer 25

1. Estimating what resources are needed to get an activity done
2. Expert judgement, alternative analysis, published data, and bottom up estimating
3. Activity resource requirements and resource breakdown structure

Question 26

What is “estimate activity durations” how do you do it and what are key outputs?….also, what goes into this?

Answer 26

1. Estimating how long an activity will take
2. Analogous, parametric, reserve analysis, 3 point
3. Activity duration estimates
4. Activity list, project scope statement, resource calendars, activity resources requirements

Question 27

What is develop schedule, what are the inputs, tools, and key outputs

Answer 27

1. Develop the schedule
2. Inputs: activity list and attributes, project scope statement, resources calendars, activity resources & duration requirements, project network diagrams
3. Tools: critical path, resource leveling, schedule compression, apply lags and leads, what if analysis, scheduled network analysis
4. Outputs: project schedule, schedule baseline

Question 28

What are the inputs, tools, and outputs of control schedule?

Answer 28

1. Inputs: project schedule, PM plan, work performance indicators
2. Tools: performance reviews, resource leveling, schedule compression, adjust leads and lags, what if analysis
3. Outputs: work performance measurements, change requests

Question 30

What is activity duration estimates

Answer 30

Probable number of periods (weeks, hours, months, etc) with the probable range of results

Question 31

What is analogous estimating?

Answer 31

Top down/big picture expert judgement used when there is little information. Example: last year, this took 2 years, so this year it will take 2 years