3.03
What is WBS (Work Breakdown Structure)?
The work to be executed by the project team to accomplish project objectives and create the required deliverables.
The two aspects of Verifying Scope
Inspection
Accepted Deliverables
What is a Precedence Diagramming Method (PDM)
A graphical tool used for scheduling activities in a project plan.
Bottom-Up Estimating
A method of estimating project duration
or cost by aggregating the estimates of
the lower-level components of the Work
Breakdown Structure (WBS)
Schedule Network
Analysis
A Schedule Network Analysis is a
graphical representation of a schedule
showing each sequenced activity and the
time it takes to finish each one. It's used
to identify early and late start dates, as
well as early and late finish dates, for the
uncompleted portions of project
schedule activities.
What is WBS Dictionary?
Document generated by the Create WBS process that supports the WBS. The WBS Dictionary provides more detailed descriptions of the components in the WBS.
The two aspects of Control Scope?
Variance Analysis
Work Performance Measurements
What is Finish-to-start
The logical relationship where initiation of work of the successor activity depends upon the completion of work of the predecessor activity.
Analogous Estimating
The analogous estimating technique
uses information from similar projects to
establish a cost estimate based on the
data available
Precedence Diagram
Method
The precedence diagram method (PDM) is a
tool for scheduling activities in a project plan. It
is a method of constructing a project schedule
network diagram that uses boxes, referred to as
nodes, to represent activities and connects them
with arrows that show the dependencies.
What is Scope baseline?
You are a new project manager that is replacing a previous project manager. You want to know more about the scope baseline of the project. Which three documents will be most useful to you?
Project scope statement, WBS, WBS Dictionary
What is Finish-to-finish?
The logical relationship where completion of work of the successor activity cannot finish until the completion of work of the predecessor activity.
Parametric Estimating
Parametric estimating is a method to
estimate cost, duration and effort on a
project. It uses a set of algorithms,
statistics or models to describe the
project and is one of four primary
methods that project managers use when
estimating a project
Critical Path Method
The critical path method (CPM) is 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 Decomposition?
What tool or technique would a project manager use to control scope?
Variance analysis
What is Start-to-start?
The logical relationship where initiation of the work of the successor schedule activity is dependent upon the initiation of the predecessor schedule activity.
Three-point estimates
Three-point estimating is a management
technique to determine the probable
outcomes of future events based on
available information
Critical Chain Method
Critical Chain Method. The Critical
Chain Method (CCM) is used to
perform Schedule Network Analysis that
considers task dependencies, limited
resource availability, and buffers. It's
used to prepare the project schedule
when limited or restricted resources are
available.
Which movie did we watch in 3.03?
Oceans Eleven
Which of the following individuals in most crucial in validating scope?
Project sponsor or customer
What is Start-to-finish?
The logical relationship where completion of the successor schedule activity is dependent upon the initiation of the predecessor schedule activity.
Reserve Analysis
The PMBOK defines reserve analysis as
"an analytical technique to determine the
essential features and relationships of
components in the project management
plan to establish a reserve for the
schedule duration, budget, estimated
cost, or funds for a project
Resource Leveling
Resource leveling is a resource
management technique that can help
teams better accommodate resource
constraints and predict project timelines.
It helps avoid poor project planning that
often leads to last-minute delays,
overworked team members, and cost
overruns.