Work Breakdown Structure
what does the abbreviation WBS stand for
Work Breakdown Structure
what does Control Scope Mean
the process of monitoring the status of the project and product scope and managing changes to the scope baseline.
a Finish-to-start Precedence Diagramming Method (PDM) is
The logical relationship where initiation of work of the successor activity depends upon the completion of work of the predecessor activity.
____ __ ____ is a method of estimating project
duration or cost by aggregating the estimates of the lower-level components of the Work Breakdown Structure (WBS)
Bottom up estemating
what is Critical Path Method
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.
Components of the scope baseline include Project Scope Statement, WBS and ___ ______
WBS Dictionary.
what is scope creep
what happens when changes are made to the project scope without any control procedure like change requests.
what is Rolling wave planning
A form of progressive elaboration planning where the work to be accomplished in the near term is planned in detail and future work is planned at a higher level of the WBS.
what is Reserve Analysis
the process of estimating the amount of money that
should be set aside to cover unexpected costs. This can be done by looking at past projects and estimating how much money was spent on unforeseen expenses.
what is schedule compression
a needed action to identify facts, anomalies, and issues that can exist through the project duration due to intentional or unintentional actions.
a helpful tool to use when creating a WBS
sticky notes
you validate scope by
formalizing and accepting the completed project deliverables
a ____ __ ____ is the logical relationship where completion of the successor schedule activity is dependent upon the initiation of the predecessor schedule activity.
Start-to-finish
what is the difference between Open Source and Proprietary Software
Open source refers to technology and software that is available for anyone to use or edit. Proprietary is copyrighted technology that must be used with a license
a What-if Scenario Analysis is
business planning and modeling technique used to yield various projections for some outcome based on
selectively changing inputs.
a WBS is important because
A WBS defines and organizes the work required from the project. It will help to ensure that all feedback and deliverables are captured and prioritized.
what does Variance Analysis mean
Project performance measurements are used to assess the magnitude of variation from the original scope baseline.
what would be a meditory project dependency
one that's a non-negotiable requirement. Sometimes referred to as hard logic, this type of dependency means that the next task can't be started until the previous one has been completed.
what is the 3 point estimates formula and what is it used for
tE=(tO+4tM+tP)/6, Calculates expected activity
duration using the likelihood of durations
_______ _____ is a schedule compression
technique in which you bring in additional
resources to complete two tasks
simultaneously.
Schedule Crashing
schedule milestones are
A milestone is a reference point that marks a significant event or a branching decision point within a project.
____ ____ Measurements can include planned vs. actual technical performance or other scope performance measurements.
Work Performance
what is project lag
In project management, lag can happen when two or more tasks that are dependent on each other are slowed down by an error along the way.
Parametric Estimating is done as a part of which process
Estimate Activity Durations
what is a schedule network analysis
Technique that generates the project schedule. Employs various analytical techniques used to calculate the early and late start and finish dates for the uncompleted portions of project activities.