vocab 4.03
a strategy that is commonly used in project management. The strategy consists of visualizing the different project tasks and making connections between them in the project management plan
Schedule Network Analysis
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
Bottom-Up Estimating
project planning in waves as the project proceeds and later details become clearer; similar to the techniques used in agile software development approaches like Scrum
Rolling wave planning
the process of comparing the actual deliverables against what was documented within the scope baseline
Verify Scope
Is the subdivision of project deliverables into small, more manageable components until the work and deliverables are defined to the work package level. The work package level is the lowest level in the WBS, and is the point at which the cost and activity durations for the work can be reliably estimated and managed. The level of detail for work packages will vary with the size and complexity of the project.
Decomposition
a resource management technique that can help teams better accommodate resource constraints and predict project timelines.
Resource Leveling
a technique that uses information from a similar past project in order to estimate the cost and duration of a planned project.
Analogous Estimating
A comprehensive list including all schedule activities required on the project. The activity list includes the activity identifier and a scope of work description for each activity in sufficient detail to ensure that project team members understand what work is required to be completed.
Activity List
Inspection includes activities such as measuring, examining and verifying to determine whether work and deliverables meet requirements and product acceptance criteria.
Inspection
The work to be executed by the project team to accomplish project objectives and create the required deliverables.
WBS (Work Breakdown Structure)
a technique used in project management to shorten an already developed schedule
Schedule Compression
a statistical and accuracy-based technique for calculating the time, cost, and resources needed for project success
Parametric Estimating
The description of the activity by identifying the multiple components associated with each activity. The components for each activity evolve over time.
Activity Attributes
Deliverables that meet the acceptance criteria are formally signed off and approved by the customer or sponsor. Formal documentation received from the customer or sponsor acknowledging formal stakeholder acceptance of the project’s deliverables
Accepted Deliverables
Document generated by the Create WBS process that supports the WBS. The WBS Dictionary provides more detailed descriptions of the components in the WBS.
WBS Dictionary
a schedule compression technique in which you bring in additional resources to complete two tasks simultaneously
Schedule Crashing
The three-point estimation 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
Three-point estimates
Identifies all milestones and indicates whether the millstone is mandatory, such as those required by contract, or optional, such as those based upon historical information.
Milestone List
the process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Control Scope
The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary, a components of the project management plan. Components of the scope baseline include Project Scope Statement, WBS, and WBS Dictionary.
Scope baseline
a technique where activities that would have been performed sequentially using the original schedule are performed in parallel
Schedule Fast tracking
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.
Reserve Analysis
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
Sequence Activities
Measurements can include planned vs. actual technical performance or other scope performance measurements. This information is documented and communicated to stakeholders.
Work Performance Measurements
Is 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.
Expert Judgement