WBS
What does WBS stand for?
Work Breakdown Structure
What is the definition of Scope Baseline?
The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary, a component of the project management plan. Components of the scope baseline include Project Scope Statement, WBS and WBS Dictionary.
What is the critical path?
The sequence of stages determining the minimum time needed for an operation.
What is PM software?
It is software that helps to make project managment tasks easier.
What is control scope?
The process of monitoring the status of the project and product scope and managing changes to the scope baseline.
What are the two types of WBS?
WBS chart and WBS Dictionary.
What is the definition of Reserve Analysis?
An analysis of existing resources to provide transparency into campus' reserve balances and allow us to better frame how we can enable their use for investment in our highest priorities.
How is critical path important?
It shows the path that is needed to take to complete the project on time.
What are 3 examples of PM software?
Adobe cloud, basecamp, poofhub etc.
Who usually controls the scope?
The project manager.
What does the WBS have on it?
The WBS has organized information about a project.
What is the definition of analogous estimating?
A technique that uses information from a similar past project in order to estimate the cost and duration of a planned project.
What is the critical path?
What type of software is PM software that you DO NOT HAVE TO PAY for?
Open source software.
How is control scope helpful?
It shows if a project is on time or need altering.
How are WBS's beneficial?
They allow the information to be place in an easy-to-understand way.
What is the definition of parametric estimating?
A statistical and accuracy-based technique for calculating the time, cost, and resources needed for project success.
How is critical path used?
It is used in charts to shows the order of completion a project need to follow in order to finish on time.
What is proprietary software?
Software that you have to pay for.
What are the two types of changing scope after something has not gone according ti the original plan?
Crashing and fast traching.
What are the two ways WBS can be shown.
Chart or Picture.
What is bottom up estimating?
Bottom-up estimating is a management technique for determining the overall cost or timeline for a project by examining the work at the most granular level of detail, compiling all this information, and then coming up with an overall budget and timeline for a project that can be delegated to team members.
What happens to the stages that are not in the critical path?
They have float.
What is hybrid software?
Software that is free, but you have to pay to get the full upgraded benifits.
How is the control scope determined?
It is determined by the creators of the project and viewed bu the manager.