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41 Cards in this Set
- Front
- Back
5 Rules of EVM
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Start with EV
Variance means Subtract Index means Division Index >1 is bad Negative Variance is bad |
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PV
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Planned Value
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EV
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%Complete x BAC
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CV
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EV-AC
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SV
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EV-PV
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CPI
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EV/AC
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SPI
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EV/PV
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EAC
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BAC/CPI
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ETC
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EAC-AC
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VAC
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BAC-EAC
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Organization Structures
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1.Functional
2. Weak Matrix 3. Balanced Matrix 4. Strong Matrix 5. Projectized |
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WBS is an input for:
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Define Activities
Plan Resources Cost Estimating Cost Budgeting Risk Management Plan |
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Projects are temporary
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True
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Project Selection Methods
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Benefit Measurement Method
Constrained Optimization Models |
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Product Scope vs Project Scope
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Product Scope only pertains to product completed by Project
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Lag
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Wait between activities
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Lead
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Activities come close together or overlap
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Free Float
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Delay without delaying next
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Total Float
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Delay before Project Finish is Delayed
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Float
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Slack
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Mandatory Activity Dependency
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Specific Sequence
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Discretionary Activity Dependency
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Preferred Sequence
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External Dependency
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Dependent on a an outside force
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FS
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Predecessor finish before successor start
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FF
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Predecessor Finish before successor finish
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SS
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Predecessor must start before successor start
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Bottom-Up Estimate
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Takes Longest
Most Accurate |
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Analogous Estimate
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Top Down
Comparison Less Accurate Expert Judgement |
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Parametric Estimate
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Cost Per Unit Estimate
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4 Types of Cost
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Variable
Fixed Direct Indirect |
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Ishikawa Diagrams
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Quality Management Tool
Fishbone Finds Causes and Effects |
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Flowcharts
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Track flow through System
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Pareto Diagram
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Identifies Problems and their Frequency
80/20 Rule |
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Control Charts
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Plots Control Samples
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Just-in-Time
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Reduces inventory
Increases Risk |
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Maslow's Hieracrchy of Needs
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5 Needs
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Herzberg's Theory of Motivation
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Hygiene vs Motivating
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McGregor's X and Y Theory
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X People are lazy
Y People are Self-Led |
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Ouchi's Theory Z
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People are motivated by commitment opportunity and Advancement
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McClelland's Needs
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Achievement
Affiliation Power |
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Expectancy Theory
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People will behave based on expected reward
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