Chapter 6 Flashcards

1
Q

Activity List

A

The primary output of breaking down the WBS work packages

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2
Q

Alternative Estimating

A

The identification of more than one solution. Consider roles, materials, tools, and approaches to the project work

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3
Q

Analogous Estimating

A

somewhat unreliable estimating approach that relies on historical information to predict what current activity durations should be. Analogous estimating is more reliable, however, than team-member recollections. Analogous estimating is also known as top-down estimating and is a form of expert judgement

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4
Q

Bottom-Up Estimating

A

The most accurate time-and-cost estimating approach a project manager can use. This estimating approach starts at “the bottom” of the project and considers every activity, its predecessor and successor activities, and the exact amount of resources needed to complete each activity.

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5
Q

Control Account

A

A WBS entry that considers the time, cost, and scope measurements for that deliverable within the WBS. The estimated performance is compared against the actual performance to measure over

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6
Q

Control threshold

A

a predetermined range of acceptable variances such as plus or minus 10% off schedule. Should the variance exceed the threshold project control processes and corrective actions will be enacted.

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7
Q

Crashing

A

a schedule compression approach that adds more resources to activities on the critical path to complete the project earlier. When crashing a project costs are added because the associated liver and sometimes resources such as faster equipment cause costs to increase

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8
Q

Critical path

A

the pass in the project Network diagram that cannot be delayed or the project completion date will be late. There can be more than one critical path. Activities in a critical path have no float.

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9
Q

Discretionary dependencies

A

these dependencies are the preferred order of activities. Project managers should use these relationships at their discretion and document the logic behind the decision. discretionary dependencies enable activities to happen in a preferred order because of best practices conditions unique to the project world or external events. Also known as a preferential or soft logic.

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10
Q

Early finish

A

the earliest a project activity can finish. Used in the forward pass procedure to discover the critical path and the project float.

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11
Q

Early start

A

the earliest a project activity can begin. Used in the forward pass procedure to discover the critical path and the project float.

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12
Q

External dependencies

A

Dependencies outside of the projects control. examples include the delivery of equipment from a vendor, the deliverable of another project, or the decision of the committee, a lawsuit, or an expected new law

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13
Q

Fast tracking

A

a schedule compression method that changes the relationship of activities. With fast-tracking activities that would normally be done in sequence are allowed to be done in parallel or with some overlap. Fast-tracking can be accomplished by changing the relation of activities from FS to SS or even FF or by adding lead time to downstream activities. However fast-tracking does add risk to the project.

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14
Q

Finish to finish

A

Connectivity relationship type that requires the current activity to be finished before its successor can finish

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15
Q

Finish to start

A

Inactivity relationship type that requires the current activity to be finished before its successor can start

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16
Q

Fragnet

A

A representation of a project network diagram that is often used for outsourced portions of a project, repetive work within a project, or a subproject. AKA. Subnet

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17
Q

Free Float

A

The total time a single activity can be delayed without affecting the early start of its immediately following successor activities.

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18
Q

Hard logic

A

Logic that describes activities that must happen in a particular order. For example, the site must be excavated before the foundation can be built. The foundation must be in place before the framing can begin. Also known as a mandatory dependency.

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19
Q

Internal dependencies

A

internal relationships to the project or the organization. For example, the project team must create the software as part of the project deliverable before the software can be tested for quality control

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20
Q

Lagtime

A

Positive time that moves two or more activities further apart.

21
Q

Late finish

A

the latest a project activity can finish. Used in the backward pass procedure to discover the critical path and the project flute.

22
Q

The late start

A

the latest a project activity can begin. Used in the backward pass procedure to discover the critical path and the project float

23
Q

Lead time

A

Negative time that allows two or more activities to overlap where ordinarily these activities would be sequential.

24
Q

Management reserve

A

a percentage of a project duration to combat Parkinson’s law. When project activities become elite their lateness is subtracted from the management reserve

25
Q

Mandatory dependencies

A

relationships that established the natural order of activities. For example, you can’t begin building your house until your foundation is in place. These relationships are called hard logic.

26
Q

Monte Carlo analysis

A

a project simulation approach named after the world famous gambling district in Monaco. It predicts how scenarios make workout, given any number of variables. The process it doesn’t actually turn out a specific answer, but a range of possible answers. When Monte Carlo analysis is applied to a schedule, it can examine, for example, the optimistic completion date, the pessimistic completion date, in the most likely completion date for each activity in the project and then predicting mean for the project schedule

27
Q

Parametric estimate

A

a quantitatively based duration estimated that uses mathematical formulas to predict how long an activity will take based on the quantities of work to be completed

28
Q

Parkinson’s law

A

a theory that work expands so as to fill the time available for its completion. It is considered with time estimating, because bloated or padded activity estimates will fill the amount of time allotted to the activity

29
Q

Planning package

A

a WBS entry located below a control account and above the work packages. A planning package signifies that more planning needs to be completed for this specific deliverable

30
Q

Precedence diagramming method

A

a network diagram that shows activities and nodes and the relationship between objectivity. Predecessors come before the current activity and successors come after the current activity

31
Q

Project calendars

A

Calendars that identify when the project work will occur

32
Q

Project float

A

The total time the project can be delayed without passing the customer expected completion date

33
Q

Project Network diagram

A

A diagram that visualizes the flow of the project activities and their relationships to other projects activities

34
Q

Project Network diagram

A

A diagram that visualizes the flow of the project activities and their relationships to other projects activities

35
Q

Refinement

A

An update to the WBS

36
Q

Resources Breakdown Structure (RBS)

A

A hierarchical breakdown of the project resources by category and resource type. For example, you could have a category of equipment, a category of HR, and a category of MATS. Within each category, you could identify the types of equipment your project will use, the types of HR, and types of MATS.

37
Q

Resource Calendars

A

Calendars that identify when project resources are available for the project work.

38
Q

Resource-Leveling Heuristic

A

A method to flatten the schedule when resources are overallocated. Resource leveling can be applied using different methods to accomplish different goals. One of the most common methods is to ensure that workers are not overextended on activities

39
Q

Rolling Wave Planning

A

The imminent work is planned indetail, while the work in the future is planned at high level. This is a form of progressive elaboration.

40
Q

Schedule Management Plan

A

A subsidiary plan in the project management plan. It defines how the project schedule will be created, estimated, controlled, and managed.

41
Q

Soft Logic

A

The activities don’t necessarily have to happen in a specific order. For example, you could install the light fixtures first, then install the carpet, and then paint the room. The project manager could use soft logic to change the order of the activities if desired.

42
Q

Start-to-Finish

A

An activity relationship that requires an activity to start so that its successor can finish. This is the most unusual of all the activity relationship types

43
Q

Start-to-start

A

An activity relationship type that requires the current activity to start before its successor can start.

44
Q

Subnet

A

A representation of a project network diagram that is often used for outsourced portions of projects, repetitive work within a project, or a subproject. Also, called a fragnet.

45
Q

Template

A

A previous project that can be adapted for the current project and forms that are pre-populated with organizational-specific information

46
Q

Three-point estimate

A

An estimating technique for each activity that requires optimistic, most likely, and pessimistic estimates to be created. Based on these three estimates, an average can be created to predict how long the activity should take.

47
Q

Total Float

A

The total time an activity can be delayed without delaying project completion.

48
Q

Work Package

A

The smallest item in the work breakdown structure.