Shared Flashcard Set

Details

PMP Chpt 06 Time Management
Pmbok 5th edition
32
Other
Professional
07/29/2013

Additional Other Flashcards

 


 

Cards

Term
What is the process of time management?
Definition
Plan Schedule Management/ Define Activities/ Sequence Activities/ Estimate Activity/ Resources Estimate /activity Durations/ Develop Schedule/ Control Schedule
Term
What is the key output of the Plan Schedule Management process?
Definition
Schedule management plan
Term
What are the key outputs of the Define Activities process?
Definition
Activity list/ Activity attributes/ Milestone List
Term
What are the key outputs of the Sequence Activities process?
Definition
Network diagrams
Updates to project documents
Term
What are some of the key outputs of the Estimate Activates Resources process?
Definition
Activity resources requirements
Resource breakdown structure
Term
What are the key outputs of estimate Activity Durations process?
Definition
Activity duration estimates
Updates to project documents
Term
What does the develop Schedule process involve?
What are some of its key outputs?
Definition
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
Term
What are the key outputs
of the control Schedule process?
Definition
Work performance information
Schedule forecast
Change requests
Term
What are the four type of logical relationships between activities in the precedence diagraming method?
Definition
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
Term
What are mandatory dependencies?
What are discretionary dependencies?
Definition
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
Term
What are external dependencies?
What are internal dependencies?
Definition
External: Dependencies based on the needs of a party OUTSIDE the project
Internal: Dependencies based on the project needs of the project; may be under the control of the project team
Term
What is a lag?
What is a lead?
Definition
Lag: Waiting time inserted between activities
Lead: How soon an activity can start before its procure activity can start before its predecessor activity is complemented
Term
What is a resource breakdown structure?
Definition
An organizational chart or table showing identified resources, organized by category and type
Term
How does a schedule model differ from a schedule?
Definition
The schedule model consists of all the project data that will 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 make up the schedule that becomes the baseline and part of the project management plan
Term
What is the critical path?
What is the near critical path?
Definition
Critical: The longest path through the network diagram
Near-critical: The path closet in length to the critical path
Term
How does the critical path help us manage the project?
Definition
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.
Term
Define total float, free float, and project float
Definition
Total float: The amount of time an activity can be delayed without delaying the project and date or an intermediary milestone
Free float: The amount of time an activity can be delayed without delaying the early start of its successors
Project float: The amount of time the project can be delayed without affecting the projects required end date
Term
What are the two formulas for calculating float?
Definition
Late start- Early Start
Or
Late finish- Early finish
Term
What are the methods that can be used to compress a schedule?
Definition
Crashing
Fast tracking
Term
What is crashing?
Definition
Adding or adjusting resource in order to compress the schedule while maintaining the original project scope
Term
What is fast tracking?
Definition
Compressing the schedule by doing more critical path activities in parallel
Term
What is the critical chain method?
Definition
A schedule network analysis tool that builds in buffers at critical milestones
Term
What is reestimating?
Definition
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
Term
What is resources optimization?
Definition
Finding ways to adjust the use of resources
Term
What is a resource leveling?
Definition
A resources 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
Term
What is resource smoothing?
Definition
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
Term
What is the schedule baseline?
Definition
The approved version of the schedule model, along with any approved changes, used to measure project schedule performance
Term
What are the main presentation formats for a schedule?
Definition
Network diagrams/ Bar Charts/ Milestone charts
Term
What do network diagrams show?
Definition
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
Term
What do simple bar charts show?
Definition
Project schedule or project status
Term
What do milestone charts show?
Definition
High level project status
Term
What is Monte Carlo analysis?
Definition
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
Supporting users have an ad free experience!