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PM chapter 6

QuestionAnswer
Project time management The process required to ensure timely completion of a project
6 main processes 1 defining activities 2 sequencing activities 3 estimating activity resources 4 estimating activity durations 5 developing the schedule 6 controlling the schedule
Defining the activities ID specific activities that project team members and stakeholders must perform to product product deliverables
Sequencing activities ID and documenting relationships between project activities
Estimating activity resources Estimating how many resources a project team should use to perform project activities
Estimate activity durations Estimating the number of work periods that are needed to complete individual activities
Developing the schedule Analyzing activity sequences, activity resource estimates, activity duration estimates to create the project schedule.
Controlling the schedule Controlling and managing changes to the project schedule
Defining activities outputs Activity list, activity attributes, and milestone list
Sequencing activities outputs Project schedule network diagrams and project document updates
Estimating activity resource outputs Activity resource requirements, resource breakdown structure, project document updates
Estimating activity duration outputs Activity duration estimates, project document updates
Developing the schedule outputs Project schedule, schedule baseline, schedule data, project document updates
Controlling the schedule outputs Work performance measurement, organizational process assets update, change requests, project management plan updates, project document update
Activiity/task An element of work normally found on the work breakdown structure that has an expected duration, cost and resource requirement
Resource People, equipment, and materials
Activity Definition developing a more detailed WBS/ Supporting explanations to develop realistic cost and duration estimates
Activity List a tabulation of activities to be included on a project schedule:-Name, -ID, -Description
Activity Attributes provide more information such as: predecessors, successors, logical relationships, leads and lags, resource requirements, constraints, imposed dates and assumptions related to activity.
Milestone a significant event that normally has no duration-- requires several activities, lots of work. Useful tools for setting schedule goals and monitoring progress. Example: obtaining customer sign-off on key documents or completion of specific products.
Dependency/Relationship Sequencing project activities or tasks. Must be determined to use critical pathway analysis
Mandatory Dependency inherent in the nature of the work being performed on a project. "Hard logic"
Discretionary Dependencies defined by Project Team. "Soft Logic"
External Dependencies involve relationships between project and non-project activities
Network Diagrams a schematic display of the logical relationships among, sequencing of project activities. Preferred technique for showing activity sequencing
Arrow Diagramming Method AKA: Activity-on-Arrow. ACT represented by arrows, connected at points called Nodes. Can only show finish-to-start dependencies.
Arrow Diagramming Process 1. Find all act that start at node 1-- draw their finish nodes and arrows. Put activity letter and duration estimate. 2 Continue working L to R. 3. continue till all act have dependencies
Burst A signle node is followed by 2 or more activities
Merge 2 or more nodes proceed to a single node.
Precedence Diagramming Method Act represented by boxes, arrows rep relationships. More popular. better at showing different dependencies
Finish-to-start "from" activity must finish before "to" activity can start. EX: can't provide training until program is installed.
Start-to-start "from" activity cannot start until "to" successor activity has. EX: group of activities all starting simultaneously-- go live.
Finish-to-finish "from" activity must be finished before the "to" activity can be finished. EX: quality control efforts cannot finish until production finishes
Start-to-finish "from" activity must start before the "to" activity can be finished. RARELY USED. EX: stock raw materials before manufacturing begins.
duration actual amount of time worked on an activity plus elapsed time
effort number of workdays or hours required to complete a task
Three points estimate optimistic, most likely and pessimistic estimate of a project duration.
Gantt Chart a standard format for displaying project schedule information by listing project activities and their start/finish dates in calendar format.
Gant Chart symbol: black diamond Milestone
Gantt chart symbol: thick black bar summary task
Gantt Chart symbol: lighter horizontal bar duration tasks
Gantt Chart symbol: arrows Dependencies between tasks.
SMART Criteria Milestones should be: Specific, Measurable, Assignable, Realistic, Time-framed
Critical Path Method (CPM) a network diagramming technique used to predict total project duration
critical path series of activities that determines the earliest time by which the project can be accomplished. longest path with the least slack/float
Slack/Float amount of time an activity may be delayed without delaying a succeeding activity or project finish date.
Free Slack/free float the amount of time an activity can be delayed without delaying the early start of any immediately following activities
Total slack/total Float Amount of time an activity may be delayed from its early start without delaying the planned project finshe dates
Backward pass determines the late start and finish dates
3 main techniques for shortening an project schedule -shorten duration of critical activities/tasks by adding more resources/changing scope - crashing act by obtaining greast amount of schedule compression for least incremental cost-- fast tracking by doing them parallel or overlapping
critical chain scheduling method of scheduling that considers limited resources when creating a project schedule and includes buffers to protect the project completion date
Buffer additional time to complete a task
murphy's law if something can go wrong-- it will
parkinson's law work expands to fill the time allowed
Program evaluation and review technique(PERT) a network analysis technique used to estimate project duration when there is a high degere of uncertainty about the individual activity duration estimate
Probabilistic time estimates duration estimates based on using optimistic, most likely and pessimistic estimates of activity duration
 

 



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