Mis 448 Test 2 Ch 6

Front 1

What are the Project Time Management Processes (6 of them, 4 A's and 2 S's)

Back 1

Activity definition: Identifying the specific activities that the project team members and stakeholders must perform to produce the project deliverables.
Activity sequencing: Identifying and documenting the relationships between project activities.
Activity resource estimating: Estimating how many resources a project team should use to perform project activities.
Activity duration estimating: Estimating the number of work periods that are needed to complete individual activities.
Schedule development: Analyzing activity sequences, activity resource estimates, and activity duration estimates to create the project schedule.
Schedule control: Controlling and managing changes to the project schedule.

Front 2

What is an activity or task

Back 2

An activity or task is an element of work normally found on the WBS that has an expected duration, a cost, and resource requirements.

Front 3

What are 3 things you need to know about activity sequencing

Back 3

Involves reviewing activities and determining dependencies.
A dependency or relationship relates to the sequencing of project activities or tasks.
You must determine dependencies in order to use critical path analysis.

Front 4

What are the Three Types of Dependencies

Back 4

Remember MDE

Mandatory dependencies: Inherent in the nature of the work being performed on a project; sometimes referred to as hard logic.
Discretionary dependencies: Defined by the project team; sometimes referred to as soft logic and should be used with care because they may limit later scheduling options.
External dependencies: Involve relationships between project and non-project activities.

Front 5

What are the 2 main formats for network diagrams

Back 5

Two main formats are the arrow and precedence diagramming methods.

Front 6

What kind network diagram is this

Back 6

Activity-on-Arrow (AOA)

Front 7

What is a network diagram

Back 7

A network diagram is a schematic display of the logical relationships among, or sequencing of, project activities.

Front 8

What are 4 things you need to know about Precedence Diagramming Method (PDM)

Back 8

Activities are represented by boxes.
Arrows show relationships between activities.
More popular than ADM method and used by project management software.
Better at showing different types of dependencies.

Front 9

What is Critical Chaining

Back 9

a method of planning and managing projects that puts the main emphasis on the resources required to execute project tasks

Front 10

What does PERT do?

Back 10

PERT is a network analysis technique used to estimate project duration when there is a high degree of uncertainty about the individual activity duration estimates.

Front 11

What does PERT use?

Back 11

PERT uses probabilistic time estimates:
Duration estimates based on using optimistic, most likely, and pessimistic estimates of activity durations, or a three-point estimate.

Front 12

What is the weighted average for PERT weighted average

Back 12

PERT weighted average =

(optimistic time + 4X most likely time + pessimistic time) / 6

Front 13

What will a critical chain tend to do

Back 13

A Critical Chain project network will tend to keep the resources levelly loaded, but will require them to be flexible in their start times and to quickly switch between tasks and task chains to keep the whole project on schedule.

Front 14

What is Critical Chaining scheduling

Back 14

a method of scheduling that considers limited resources when creating a project schedule and includes buffers to protect the project completion date.

Front 15

What does the Theory of Constraints seek to do?

Back 15

The TOC process seeks to identify the constraint and restructure the rest of the organization around it

Front 16

What does Critical chain scheduling use?

Back 16

It Uses the Theory of Constraints (TOC), a management philosophy developed by Eliyahu M. Goldratt and introduced in his book The Goal.

Front 17

What is a buffer

Back 17

A buffer is additional time to complete a task.

Front 18

What is Murphy’s Law

Back 18

Murphy’s Law states that if something can go wrong, it will.

Front 19

What is Parkinson’s Law

Back 19

Parkinson’s Law states that work expands to fill the time allowed.

Front 20

What is fast tracking

Back 20

Fast tracking activities by doing them in parallel or overlapping them.

Used to Shorten a Project Schedule

Front 21

What is Free slack or free float

Back 21

Free slack or free float is the amount of time an activity can be delayed without delaying the early start of any immediately following activities.
Formula: FF = ES(2) - EF(1)

Front 22

What is Total slack or total float

Back 22

Total slack or total float is the amount of time an activity can be delayed from its early start without delaying the planned project finish date.
Formula: TF = LS - ES

Front 23

What does a forward pass through the network diagram determine

Back 23

A forward pass through the network diagram determines the early start and finish dates.

Front 24

What does a A backward pass determine

Back 24

A backward pass determines the late start and finish dates.

Front 25

What does crashing do?

Back 25

Crashing activities by obtaining the greatest amount of schedule compression for the least incremental cost.

Used to Shorten a Project Schedule

Front 26

What do Gantt Chart do

Back 26

Gantt charts provide a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a calendar format.

Front 27

What does Phil not charge for?

Back 27

Awesomeness

There is no charge for Awesomeness

Front 28

What are the symbols included in Gantt charts?

Back 28

Black diamonds: Milestones
Thick black bars: Summary tasks
Lighter horizontal bars: Durations of tasks
Arrows: Dependencies between tasks