week 3

Question 1

what is the purpose of the project planning phase

Answer 1

establishing….
- buisness requirements
- costs
- schedules
- resources plan
- delivery dates

Question 2

Basic processes of project planning

Answer 2

• scope planning
• preparing work breakdown structure
• project schedule development
• resource planning
• budget planning
• procurement planning
• risk management
• quality planning
• communication planning

Question 3

what does a scope statement include

Answer 3

• project name
• project charter
• owner, sponsor etc.
• problem statement
• project goals
• requirements
• deliverables
• exclusions
• milestones
• cost estimates

Question 4

the project schedule

Answer 4

includes: sequence of activities, duration planned for each activity

created: AFTER scope planning, BEFORE resource planning

Question 5

types of predecessors

Answer 5

external: outside the project

discretionary: matter of preference

mandatory: can’t do following task until predecessor is done (eg. invitations must be done before mailed)

Question 6

LEADS vs LAGS

Answer 6

LAG: one task must wait in relation to another task

LEAD: Task must start before the predecessor is done

Question 7

Types of slacks

Answer 7

total slack: allowable delay without delaying project completion

free slack: allowable delay without affecting start of following activity

safety slack: allowable delay of activity if all predecessors finish as late as possible

Question 8

steps to apply critical path

Answer 8

1. list activities
2. identify dependencies
3. create network diagram
4. task duration estimation
5. critical path calculation
6. float calculation

Question 9

pros and cons of critical path

Answer 9

PRO: improve future planning, improve resource management

CON: estimating end date of activity can be difficult, networks can be complex