Predictive Plan-Based Methodologies Flashcards
1
Q
How is PERT calculated?
A
E=(O + 4M + P)/6
E=Estimate
O=Optimistic
M=Most likely
P=Pessimistic
2
Q
Work breakdown structure
A
A deliverable-oriented grouping of the work involved in a project that defines the total scope of the project
3
Q
How is schedule variance calculated?
A
EV (Earned Value) - PV (Planned Value) = SV
4
Q
What is critical path method
A
Helps you identify which tasks must be completed on time in order for the project to meet deadlines
