Project Management Flashcards

1
Q

Project Management

A

Leading the work of a team to achieve all project goals within constrainsts

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2
Q

Constraints of Project Management (3)

A

Budget, Scope, Time

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3
Q

Project

A

Interrelated activities with end goal, start and end time, unique outcome for specific allocation of results

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4
Q

Scope

A

boundaries of the project, what are you doing, how will execute

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5
Q

Scope needs to be (2)

A

clear and concrete
every action preceded by question “is this in our scope”

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6
Q

Scope creep

A

widening of scope as decisions not made within interest of original scope

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7
Q

Creating Team (3) and describe

A

Project Manager
Team Member
Role & Responsibility

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8
Q

Work Breakdown Structure and what is lvl 1 or 2

A

statement of all work that needs to be completed. Breaks down projects into tasks (level 1) and responsibilities (level 2)

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9
Q

Network Diagram

A

Visually displays relationship between activities in a project

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10
Q

Program Evaluation and Review Technology (4)

A
  1. Plan for and recognize interconnections between activities
  2. estimation completion time
  3. identify critical path
  4. Analyze time and costs of resource trade offs
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11
Q

Path

A

Each sequence of activities between the start and finish of a project

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12
Q

Critical Path and if delayed?

A

Path that takes longest to complete activity
entire project delayed

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13
Q

Scheduling
If time for activities unknown then
Entire project time is based on…

A

estimate with reasonable judgement
earliest finish time of last activity on critical path

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14
Q

ES

A

Earliest Start Time - earliest finish time of preceding activity, if multiple then latest used

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15
Q

EF

A

earliest finish: earliest start + estimated time of activity

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16
Q

Latest times of project

A

determined by working backwards beginning at EF of last activity of critical path

17
Q

LF

A

Late Finish Time: latest start time of activity following it, if multiple then use earliest of latest start time among activities

18
Q

LS

A

Latest finish time - estimated duration

19
Q

Slack

A

Maximum amount of time an activity can be delayed without delaying entire project, on critical path it is always zero

20
Q

Analyzing trade offs (3 contraints)

A

cost, time scope

21
Q

Decrease cost

A

increase time or decrease scope

22
Q

Decrease time

A

increase cost or decrease scope

23
Q

Increase scope

A

increase time or cost

24
Q

Monitoring control

A

tracking project process after it is designed

25
Q

Issues and Risk, Schedule Status and Monitoring and Control

A

In notes