Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

MINE4710 Mine Management > Wk2 - Project Management > Flashcards

Wk2 - Project Management Flashcards

1
Q

What does project management generate

A

Best practice in a company

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is a cost effective project

A

where the cost is justified and the budget is adhered to. Spending of the budget requires the whole budget be spent and no more.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are activites

A

the smaller tasks or components of a project
AKA subsections of the plan contained within the work package.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is the key part of scheduling

A

when the task is to be completed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is out of scope

A

where areas are not considered common

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Is going faster than schedule good

A

it can be problematic in some situatiosn

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How can man hours be calculated on a mine site

A

it can be easier than in other industries as there is so much information relayed from the machinery

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What does effort get categorised under?

A

cost

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What does duration get categorised under?

A

scheduling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Is PERT used in mining

A

no it is too complicated for the industry instead it is used in manufacturing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is the best way to track tasks

A

an advanced gantt chart

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

How is a dummy activity show in a networking diagram

A

a dotted line

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What does project management comprise of

A

*recommended requirements from corporate policies
*strategies
*standards
*procedures

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is the project management objectives

A

*cost effective
*set out techniques, procedures and decision criteria
*provide guidelines and objectives
*define a corporate system
*suitable project and organisational structures
*improve asset management
*deliver within time and budget

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What is the programme

A

list of tasks and activities each related or linked to the other in some form

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is planning

A

sequencing or lining of tasks or activities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What is scheduling

A

specification of a period during which tasks or activities are to be executed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What are the 4 components to successful projects

A

*planning
*organisation
*management
*communication

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What document needs to be made before a project can commence

A

Project Execution Plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What does a Project Execution Plan clearly spell out

A

*Major stakeholders and their approval signature
* The scope of work to be executed
* Work Breakdown Structure
* The project execution schedule (time span during which the project is to be executed)
* The resource allocation and availability schedules
* Responsibility matrix
* The cost estimate per task to be performed
* Predicted cash flow over the life cycle of the project
* The document shall be approved and signed off by all interested

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

What are the stages in a life of mine

A
  1. Prospecting
  2. exploration
  3. development
  4. exploitation
  5. reclamation
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

What is project initialisation

A

covers the activities taking place form the time of the project approval till the start of any engineering design

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

What is work breakdown structure (WBS)

A

set out in conjunction with the project management or lead engineer to form the basis or platform the planning is built on.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

What is a master plan

A

a schedule of the major subsections or components of a project and lists the milestones from which a detail programme for the project is to be derived.

It shows a clear description of the projects deliverables and scope.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

what are characteristics of an activity

A

*scheduled portion of work
*have a series of actions
*generally defined using a verb

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

What are advantages of using WBS

A

*improve estimating
*better control of project execution
*verify completion
*can use historical information
*template for future projects

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

What are critical path bar charts

A

a bar chart where all critical paths are highlighted

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

What is progress reporting

A

milestones are to be progressed and reported on in the project managers monthly/quarterly report

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

What are 5 of the 16 project management responsibilities

A
  1. project integration management (PEP)
  2. project scope management
  3. project time management
  4. project cost management
  5. project quality management
  6. project human resources management
  7. project communication management
  8. project risk management
  9. project procurement management
  10. project contract management
  11. project financial management
  12. project commissioning management
  13. change control management
  14. change close-out management
  15. external project environment social requirements
  16. document management
30
Q

What does a schedule need to contain

A

*list of projects (from WBS)
*duration of activities
*order of activities
*dependencies
*significant milestones

31
Q

Define duration

A

how long it will be from the activity starts until its completetion

32
Q

Define effort

A

how many actual hours or days are spent on the task

33
Q

What are tools and techniques for schedule development

A

*mathematical analysis
*duration compression
*simulation

34
Q

What is mathematical analysis

A

calculating theoretical early and late starts, and completion dates of all project activities without regard for any resource pool limitations.

35
Q

What is CPM? What does it involve?

A

Critical path method - calculates the float of a project to determine which activities have the least scheduling flexibility

36
Q

What is PERT? What does it involve?

A

Program evaluation and review technique - average duration estimates to calculate project duration it uses an expected value

37
Q

What is duration compression

A

Mathematical analysis to shorten the project scope

38
Q

What are duration compression techniques

A

Crashing - cost and schedule trade off are made (not a good decisions usually results in increased cost)
Fast tracking - perform activities in parallel (often results in rework and increases risk)

39
Q

What do gannt charts show

A

Planned and actual progress for a number of tasks displayed over a horizontal time scale.

40
Q

Is a WBS included in a gannt chart

A

Yes it is the breakdown of tasks on the left hand side

41
Q

What are advantages of Gannt charts

A

*simple to construct
*easy to understand
*give a clear pictorial model

42
Q

What are disadvantages of Gannt charts

A

*cannot easily show which activities are time critical
*time slippage are difficult to assess
*not easily updated

43
Q

What is a project network diagram

A

A flow chart that graphically depict using nodes and arrows the sequence, interdependencies and start and finish times of the project job plan of activities

44
Q

What are the rules for developing a project network

A

*left to right
*all preceding activities need to be completed
*arrows show flow
*unique labels
*larger number than preceding activities
*looping not allowed
*conditional statement not allowed

45
Q

What are the types of activities in a network diagram

A

*burst - more than one activity immediately following
*merge - two or more preceding activities
*parallel - activities occur independently not necessarily at the same time

46
Q

What are PERT or CPM mostly used for

A

PERT is mostly used for reasearch and development (R&D)
CPM is mostly used for construction projects

47
Q

What are advantages of critical path method

A

*ensures logical mining sequence
*indicates how to complete activities
*allocate resources for timely completion of the process

48
Q

What are the 3 key components to build a CPM

A
  1. list of all activities
  2. time (duration)
  3. dependencies
49
Q

Define Activity

A

A specific task or set of tasks that are required
by the project, use up resources, and take time to
complete

50
Q

Define Event

A

The result of completing one or more activities.
An identifiable end state occurring at a particular time.

51
Q

Define Start Node

A

This is a node that represents the
beginning of the project.

52
Q

Define Finish Node

A

This node represents the end of the
project.

53
Q

Define Immediate Predecessor

A

These are activities that must be completed by no later
than the start time of the given activity

54
Q

Define Immediate Successor

A

– Given the immediate predecessor of an activity, this activity
becomes the immediate successor of each of these
immediate predecessors.
– If an immediate successor has multiple immediate
predecessors, then all must be finished before an activity
can begin.

55
Q

Define Earliest start time of an activity (ES)

A

The time at which an activity will begin if there are no delays
in a project.

56
Q

Define Earliest finish time of an activity (EF)

A

The time at which an activity will finish if there are no delays
in a project.

57
Q

Define Latest start time of an activity (LS)

A

The latest possible time that an activity can start without
delaying the project.

58
Q

Define Latest finish time of an activity (LF)

A

The latest possible time that an activity can be completed without delaying the project.

59
Q

Define Forward pass

A

The process of moving through a project from start to finish to determine the earliest start and finish times for the activities in the project.

60
Q

Define Backward pass

A

The process of moving through a project from finish to start to determine the latest start and finish times for the activities in the project.

61
Q

Define Slack for an activity

A
  • The amount of time that a particular activity can be delayed
    without delaying the whole project.
    – It is calculated by taking the difference between the latest
    finish time with the earliest finish time.
62
Q

Define Dummy activity

A
  • to indicate interdependencies that cannot be represented correctly solely with the conventional activity and event structure
    – useful when doing hand solutions of the network for creating
    parallel activities or merging several parallel activities.
    – A dummy activity is used to maintain the network logic and to avoid ambiguity.
63
Q

Define Earliest start time rule

A

The earliest start time for an activity is equal
to the largest of the earliest finish times of its
immediate predecessors.

64
Q

Define Latest finish time rule

A

The latest finish time is equal to the
smallest of the latest start times of its
immediate successors

65
Q

What is the procedure for obtaining earliest start

A
  • Step 1: For the activity that starts the project, assign an earliest start time of zero, i.e., ES=0.
  • Step 2: For each activity whose ES has just been obtained,
    calculate its earliest finish time as ES plus duration of the
    activity.
  • Step 3: For each new activity whose immediate predecessors
    have EF values, obtain its ES by using the earliest start time
    rule.
  • Step 4:Apply step 2 to calculate EF.
  • Step 5: Repeat step 3 until ES and EF have been obtained for all activities including the finish node.
66
Q

What is the procedure for obtaining latest start

A
  • Step 1: For each of the activities that together complete the project, set its latest finish time equal to the earliest finish time of the finish node.
  • Step 2: For each activity whose LF value has just been obtained, calculate its latest start time as LS equals LF minus the duration of the activity.
  • Step 3: For each new activity whose immediate successors now have LS values, obtain its LF by applying the latest finish time rule.
  • Step 4:Apply step 2 to calculate its LS.
  • Step 5: Repeat step 3 until LF and LS have been obtained for all activities.
67
Q

What is the critical path

A

defined those tasks for which the earliest time is equal to the latest time, it links tasks with zero float times

68
Q

what is float time

A

difference between latest and earliest start times

69
Q

Complete CPM example 1

A

pending

70
Q

Complete CPM example 1

A

pending

71
Q

Complete PERT example

A

pending

MINE4710 Mine Management (11 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions