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13 Cards in this Set

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Earliest time at which and activity can start, assuming all predecessors have been completed

Earliest start

Earliest time at which an activity can be finish

Earliest finish

Latest time at which an activity can start so as to not delay the completion time of the entire project

Latest start

Latest time by which an activity has to be finished so as to not delay the completion time of the entire project

Latest finish

Expected time

a+4m+b/6=t

Variance of times

(b-a/6)^2

A (blank) breaks down a project into component, subcomponents, activities, and task

Work Breakdown Structure

A bar graph displaying when activities are scheduled to start, when they will be finished, and where extra time as available is known as a...

Gantt Chart

The beta distribution is used in project management to...

Calculate pessimistic and optimistic activity times

In a PERT network, non-critical activities that have a little slack need to be monitored closely

because near critical paths could become critical path with small delays in these activities

The probability that a project will be completed by its earliest completion date is

50 Percent

Assumess we know a fixed time estimate for each activity and there is no availability and activity times

Critical path method

Uses a probability distribution for activity times to allow for variability

Program Evaluation Review Technique