Project Schedule Management

Question 1

Project Schedule Management

Answer 1

provide detailed plan for how and then the project will deliver the result defined in project scope; communicating and managing stakeholder expectations and basis for performance reporting; should stay flexible

Question 2

schedule baseline

Answer 2

schedule developed at the beginning of the project which is formally accepted; can enter into scheduling tool to create model

Question 3

Tailoring for Schedule Management (4)

Answer 3

1. life cycle approach
2. resource availability
3. project dimensions
4. technology support

Question 4

adaptive life cycle schedules

Answer 4

short cycles to undertake work; review the results; and adapt schedule as necessary

Question 5

Schedule Management Trends and Practices (3)

Answer 5

1. adaptive planning
2. interative scheduling with backlog
3. on-demand scheduling

Question 6

Plan Schedule Management

Answer 6

establishes policies, procedures, and documentation for planning, developing, managing, and controlling your project schedule; outlines how you will allocate resources and prioritize activities

Question 7

Define Actvities

Answer 7

identifying and documenting specific actions needed to produce project deliverables; reduces work package into specific activities; create activity list with specific milestones; subject matter experts help identify activities

Question 8

rolling wave planning

Answer 8

interative planning technique in which the near term work to be done is defined in detail while future work is planned at a higher level

Question 9

progressive elaboration

Answer 9

interative process of increasing the level of detail in a plan as more information becomes available

Question 10

decomposition

Answer 10

technique used for dividing the project scope and deliverables into smaller, more manageable parts

Question 11

Sequence Activities

Answer 11

create schedules network diagrams so team can execute work with minimal errors; identifies and documents relationships among project activities and show logical sequence of work

Question 12

Precedence Diagramming Method (PDM)

Answer 12

technique for constructing a schedule model where activities are graphically linked by one or more logical relationships in which they would be performed
1. finish-to-start
2. finish-to-finish
3. start-to-start
4. start-to-finish
(a successor activity cannot 2 until a predecessor has 1)

Question 13

dependency determination and integration

Answer 13

allow you to sequence activities according to how they are dependent on each other

1. mandatory - legally/contractually required
2. discretionary - best practices
3. external - non-project activites
4. internal - inside team control

Question 14

leads and lags

Answer 14

factors to consider when creating a network diagram

Question 15

lead

Answer 15

amount of time a successor activity can be advanced compared to a predecessor activity (-)

Question 16

lag

Answer 16

amount of time a successor activity can be delayed with respect to a predecessor activity (+)

Question 17

Estimate Activity Durations

Answer 17

clarifies amount of time to complete activity, monitor performance, report delays; establish deadlines and timeline to monitor progress; PM collects data to create estimates; considers resources

Question 18

analogous estimating

Answer 18

uses past data from a similar activity; when there is a limited amount of information; less costly/timely but less accurate

Question 19

parametric estimating

Answer 19

uses statistical relationship between historical data and other variables to calculate an estimate for activity parameters

Question 20

three point estimating

Answer 20

tE = (tO + tM = tP) / 3

(estimated, optimistic, most likely, pessimistic

Question 21

bottom up estimating

Answer 21

aggregating the lower-level components of the WBS; work within activity decomposed; detailed durations are estimated and then summed up

Question 22

Develop Schedule (EF)

Answer 22

create a model of the schedule and refine in response to changes in activities, resources, constraints, stakeholder demands; planned dates for completing activities
EF=ES+DUR

Question 23

critical path method

Answer 23

used to estimate the least possible time to complete the project and to determine the amount of time to complete the project and to determine the amount of flexibility (float) within the schedule; create network diagram, adding legend to each activity, perform forward and backward pass

Question 24

Control Schedule

Answer 24

ensuring that your team is completing work in a timely manner; create work performance information, schedule forecasts, and make changes