Time Management

Question 1

What is the process of time

management?

Answer 1

Plan Schedule Management

Define Activities

Sequence Activities

Estimate Activities Resources

Estimate Activities Durations

Develop Schedule

Control Schedule

Question 2

What is the key output of the Plan

Schedule Management process?

Answer 2

Schedule management plan

Question 3

What are the key outputs of the Define

Activities process?

Answer 3

Activity list

Activity attributes

Milestone list

Question 4

What are the key outputs of the

Sequence Activity process?

Answer 4

Network diagrams

Updates to project documents

Question 5

What are some the key outputs of the

Estimate Activity Resources process?

Answer 5

Activity resource requirements

Resource breakdown structure

Question 6

What are the key outputs of the Estimate

Activity Duration process?

Answer 6

Activity duration estimate

Updates to projects documents

Question 7

What does the Develop Schedule process
involve?

What are some of its key outputs?

Answer 7

Creating a project schedule that is
bought into, approved, realistic, and
formal

Project schedule

Schedule baseline

Updates to the project management plan
and project documents

Question 8

What are the key outputs of the Control

Schedule process?

Answer 8

Work performance information

Schedule forecasts

Change requests

Question 9

What are the 4 types of logical
relationships between activities in the
precedence diagramming method?

Answer 9

Finish-to-Start (FS): An activity must
finish before the successor can start

Start-to-start (SS): An activity must start
before the successor can start

Finish-to-finish (FF): An activity must
finish before the successor can finish

Start-to-finish (SF): An activity must
start before the successor can finish

Question 10

What are mandatory dependencies?

What are discretionary dependencies?

Answer 10

Mandatory: The order in which
activities MUST be done, due to the
inherent nature of the work; also called
“hard logic”

Discretionary: The order in which the
organization has CHOSEN that activities
be performed; also called “preferred”,
“preferential”, or “soft logic”

Question 11

What are external dependencies?

What are internal dependencies?

Answer 11

External:Dependencies based on the
needs of a party OUTSIDE the project

Internal: Dependencies based on the
needs of the project; may be under the
control of the project team

Question 12

What is a lag?

What is a lead?

Answer 12

Lag: Waiting time inserted between
activies

Lead: How soon an activity can start
before its predecessor activity is
completed

Question 13

What is a resource breakdown structure?

Answer 13

An organizational chart or table showing
identified resources, organized by
category and type

Question 14

How does a schedule model differ from

a schedule?

Answer 14

The schedule model consists of all the
project data that will be used to calculate
the schedule, such as the activities,
dependencies, leads and lags, etc.

The project schedule is the output of the
schedule model - this refers to the final,
printed dates that makes up the schedule
that becomes the baseline and part of the
project management plan

Question 15

What is the critical path?

What is the near-critical path?

Answer 15

Critical: the longest path through the
network diagram

Near-critical: The path closest in lenght
to the critical path

Question 16

How does the critical path help us

manage the project?

Answer 16

it shows the project manager the
shortest time in which the project can be
completed

It shows the project manager where to
focus his or her time

It is used in compressing or adjusting the
schedule

Question 17

Define total float, free float, and project

float.

Answer 17

Total float: the amount of time an
activity can be delayed without delaying
the project en date or an intermediary
milestone

Free float: The amount of time an
activity can be delayed with delaying
the early start date of its successor(s)

Project float: The amount of time the
project can be delayed without affecting
the project’s required end date

Question 18

What are the two formulas for

calculating float?

Answer 18

Late start - Early start

OR

Late finish - Early finish

Question 19

What are the methods that can be used

to compress a schedule?

Answer 19

Crashing

Fast tracking

Question 20

What is crashing?

Answer 20

Adding or adjusting resources in
order to compress the schedule while
maintaining the original project scope

Question 21

What is fast tracking?

Answer 21

Compressing the schedule by doing

more critical path activities in parallel

Question 22

What is the critical chain method?

Answer 22

A schedule network analysis tool that

builds in buffers at critical milestones

Question 23

What is reestimating?

Answer 23

Estimating the project again after
planning to make sure you can still meet
the end date, budget, or other objectives,
and adjusting the project if you cannot

Question 24

What is the resources optimization?

Answer 24

Finding ways to adjust the use of

resources

Question 25

What is resource leveling?

Answer 25

A resource optimization technique that
keeps the amount of resources used for
each time period constant, resulting in 
a more stable level of resources and a
longer project duration

Question 26

What is resources smoothing?

Answer 26

A modified form of resource leveling,
where resources are leveled only within
the limits of the float of their activities,
so the completion dates of activities are
not delayed

Question 27

What is the schedule baseline

Answer 27

The approved version of the schedule
model, along with any approved
changes, used to measure project
schedule performance

Question 28

What are the main presentation formats

for a schedule?

Answer 28

Network diagrams

Bar charts

Milestone charts

Question 29

What do network diagrams show

Answer 29

Dependencies (logical relationships)
between activities

How project activities will flow from
beginning to end

Network diagrams may also be used to
determine the critical path

Question 30

What do simple bar charts show?

Answer 30

Project schedule or project status

Question 31

What do milestone charts show?

Answer 31

High-level project status

Question 32

What is Monte Carlo analysis?

Answer 32

A schedule network analysis technique
used to simulate the project to determine
the likelihood that the project will be
completed by a specific date or for a
specific cost

Also used in Perform Quantitative Risk
Analysis to determine the overall level of
risk on the project