Term
|
Definition
| An organizationformed to ensure that programs (projects) receive the proper management and attention |
|
|
Term
| Work Breakdown Structure (WBS) |
|
Definition
| Division of a project into more and more detailed components. |
|
|
Term
|
Definition
| Planning charts used to schedule resources and allocate time |
|
|
Term
| Program Evaluation and Review Technique (PERT) |
|
Definition
| A project management technique that emplys thre time estimates for each activity. |
|
|
Term
| Critical Path Method (CPM) |
|
Definition
| A project management technique that uses only one time factor per activity |
|
|
Term
|
Definition
| The computed longest time path(s) through a network |
|
|
Term
|
Definition
| A network diagram in which nodes designate activities. |
|
|
Term
|
Definition
| A network diagram in which arrows designate activities. |
|
|
Term
| 3 Phases management of project involves |
|
Definition
1. Planning
2. Scheduling
3. Controlling |
|
|
Term
|
Definition
| This phase includes goal setting, defining the project, and team organization. |
|
|
Term
|
Definition
| This phase relates people, money, and supplies to specific activities and relates activities to eachother. |
|
|
Term
|
Definition
| Here the firm monitors resources, costs, quality, and budgets. It also revises or changes plans and shifts resources to meet time and cost demands. |
|
|
Term
|
Definition
| An activity having no time that is inserted into a network to maintain the logic of the network. |
|
|
Term
|
Definition
| A process that helps determine a project schedule. |
|
|
Term
|
Definition
| A process that identifies all the earliest times |
|
|
Term
|
Definition
| An activity that finds all the latest times |
|
|
Term
|
Definition
| Free time for an activity |
|
|
Term
|
Definition
| Time shared among more than one actvity |
|
|
Term
|
Definition
| Time associated with a single activity |
|
|
Term
|
Definition
| The "best" actvitiy completion time that could be obtained in a PERT network. |
|
|
Term
|
Definition
| The "worst" activity time that could be expected in a PERT network |
|
|
Term
|
Definition
| The most probable time to complete an activity in a PERT network |
|
|
Term
|
Definition
| Shortening activity time in a network to reduce time on the critical path so total completion time is reduced |
|
|
