SCHEDULE MANAGEMENT Flashcards
(39 cards)
Plan Schedule Management
Defines how to manage and control the project schedule.
Scheduling Tolerances
Control Thresholds set during Plan Schedule Management.
Milestones
Important achievements or checkpoints in a project with zero duration.
Milestones vs. Tasks
Milestones are significant events, tasks are specific activities.
Activity Attributes
Provide additional details about activities, such as resource assignments.
Rolling Wave Planning
Used for parts of the project that are not yet fully planned.
Define Activities Process
Decompose work packages into smaller, manageable tasks.
Hard Logic
Mandatory dependencies in a project.
Soft Logic
Dependencies based on team preferences and choices.
Lag in Network Diagrams
Delay in the successor activity.
Sequence Activities Process
Involves drawing network diagrams to represent dependencies.
Network Diagrams
Used for scheduling activities and understanding project workflow.
One-Point Estimating
Provides a single estimate for each activity.
Three-Point Estimating
Provides the most accurate estimation results.
Analogous Estimating
Uses historical data directly without calculations.
Parametric Estimating
Estimates costs or durations using statistical relationships between variables and historical data, ideal for repetitive tasks.
Expected Activity Duration Formulas
For Triangular Distribution (P + M + O) / 3; For Beta Distribution (P + 4M + O) / 6.
Standard Deviation in Beta Distribution
Indicates the range of possible durations or costs.
Bottom-up Estimating
Calculates activity durations by assembling task estimations.
Top-Down Estimating
Involves estimating the project as a whole, often using expert judgment or historical data, and then dividing it into individual tasks or phases.
Float (Slack)
The amount of time an activity can be delayed without affecting the project duration.
Total Float on Critical Path
Zero, indicating no delay tolerance.
Free Float
Delay tolerance of an activity without affecting the successor’s early start date.
Near Critical Path
Becomes critical due to a delay in one of its activities.
