Unit 3 Vocabulary
The process of comparing the actual deliverables against what was documented within the scope baseline.
A technique where activities are performed in parallel, instead of being carried out sequentially using the original schedule. Simply put, fast-tracking a project means different tasks are worked on simultaneously, instead of waiting for each task to be completed separately.
What is schedule fast tracking?
The work to be executed by the project team to accomplish project objectives and create the required deliverables.
What is a WBS (Work Breakdown Structure)?
Defining and controlling what is and is not
included in the project.
What is scope management?
A technique where you identify tasks that are necessary for project completion and determine scheduling flexibilities. A critical path in project management is the longest sequence of activities that must be finished on time in order for the entire project to be complete.
What is critical path method?
For projects that have a product as a deliverable, as opposed to a service or result, product analysis can be an effective tool. Each application area has one or more generally accepted methods for translating high-level product descriptions into tangible deliverables.
What is product analysis?
A technique that modifies the project schedule to account for limited resources by adding duration buffers that are non-work schedule activities to maintain focus on the planned activity durations.
What is the critical chain method?
An important tool to create this would be decomposition.
What is a WBS?
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 a Scope Baseline?
A technique used in project management to shorten an already developed schedule. This might be done to meet an updated delivery date, a new opportunity, or a schedule delay. It's done without changing the scope of the program.
What is schedule compression?
The process of monitoring the status of the project and product scope and managing changes to the scope baseline.
What is Control Scope?
This technique is used in management and information
systems applications for the construction of an approximate probability distribution representing the outcome of future events, based on very limited information.
The lowest level of the WBS components.
What is a Work Package?
The project scope statement describes, in detail, the project’s deliverables and the work required to create those deliverables. The project scope statement also provides a common understanding of the project scope among project stakeholders.
What is project scope statement?
To throw additional resources to the critical path without necessarily getting the highest level of efficiency. Crashing is another schedule compression technique where you add extra resources to the project to compress the schedule.
Used to analyze the information needed to develop the project scope statement. Such judgement and expertise is applied to any technical details. Such expertise is provided by any group or individual with specialized knowledge or training, and is available from many sources.
What is expert judgement?
The process of identifying and documenting relations among the project activities. Activities are sequenced using logical relationships. Every activity and milestone
except the first and last are connected to at least one predecessor and one successor. It may be necessary to use lead or lag time between activities to support a realistic and achievable project schedule.
What are sequence activities?
The WBS is an effective way for communication with this role.
What is a stakeholder?
The tool or technique a project manager would use to control scope?
What is variance analysis?
A resource optimization technique that answers when the project can be finished with the available resources without overbooking them or spreading them too thin.
What is resource leveling?
Identifying alternatives is a technique used to generate different approaches to execute and perform the work of the project. A variety of general management techniques can be used such as brainstorming, lateral thinking, pair wise comparisons, etc.
What is alternative identification?
A visual representation technique that depicts the activities involved in a project. It is a method of constructing a project schedule network diagram that uses boxes/nodes to represent activities and connects them with arrows that show the dependencies.
What is a PDM (Precedence Diagramming Method)?
WBS can help identify the potential risks of this.
What are the scope risks.
After completing the Collect Requirements process, a Scope Management process would implement this next.
A bar chart of schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars placed according to start and finish dates.