| Question |
Answer |
| What is a DELPHI study |
An analysis technique that utilizes surveys & anonymous experts |
| What are the 3 key elements of a DELPHI study |
1) structure of information flow (surveys, respondents, & project manager) 2)feedback loop 3) participant anonymity and expertise |
| A DELPHI study can best study what type of problem |
Simplistic, not mult-faceted |
| What two project management techniques model a network/sequence of parrell & corresponding tasks? |
PERT & CPM |
| What is PERT? |
Program Evaluation & Review Technique |
| What is CPM? |
Critical Path Method |
| What is the difference between PERT & CPM |
PERT: VARIABLE task times. CPM: FIXED task times. |
| Why does the task increment escalate in 10s in PERT |
In order that new tasks may be inserted as project progresses |
| What two management principles deal with a hierachy of needs? |
Maslow & ERG |
| What does ERG stand for? |
Existence, Relatedness, Growth |
| What is the primary differences between Maslow & ERG? |
Maslow: a large # multiple steps, each achieved at the completion of the next, all people act same. ERG: only 3 steps, steps may overlap or parrallel, and all people different |
| What is a Gantt chart? |
Schematic that shows the steps/tasks of project on a parrelle, horizontal model. |
| What is a WBS |
Work Breakdown Stucture. It is a form of a Gantt chart, by which multi tasks are broken down and identifies |
| What role does a WBS play in project planning |
Used prior to a CPM or PERT in order to identify the tasks |
| What is ZBB |
Zero Based Budgeting. It is a budget process which assumes that the baseline budget each fiscal cycle is zero. |
| Why is ZBB good for government? |
Because it helps ensure that projects are still needed & helps prevent spending from spiraling out of control. |
| What is a fiscal impact analysis? |
Estimates the impact of a development or a land use change on the costs and revenues of governmental units serving the development. |
| What does a fiscal impact analysis evaluate? |
revenues, expenditures, land values—and characteristics of the development or land use change—e.g., type of land use, distance from central facilities. |
| What is the benefit of a fiscal impact analysis |
Estimates the difference between the costs of providing services to a new development and the revenues—taxes and user fees, for example—that will be generated by the development. |
| What is a cohort survival or logitudinal study? |
A study that evaluates the same group, with the same base trait (ie: birth date) for a long period of time. May be compared to another group representing a larger population universe. |
| What is a shift-share study? |
Land use study that evaluates the shift in a given issue's share (ie: population/employment) from one area to another. |
| What is a cost-benefit analysis? |
A management study that evaluates the benefits of a solution (including programatic & personnel) costs to the value / benefit of the outcome. |
| Why is a cost-benefit analysis useful |
Determine if a project/solution is worth implementing. |
Ch.18 LTI-MA 509
