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ISQA450 CH4
ISQA450 CH4
29
Business
Undergraduate 4
01/27/2013

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Term
Activity attributes
Definition
Info that provides schedule-related info about each activity, such as predecessors, successors, logical relationships, leads and lags, resource requirements, constraints, imposed dates and assumptions related to the activity.
Term
Activity list
Definition
A tabulations of activities to be included on a project schedule.
Term
Activity-on-arrow (AOA)
Arrow-diagramming method (ADM)
Definition
A network diagramming techniques in which activities are represented by arrows and connected at points called nodes to illustrate the sequence of activities.
Term
Analogous estimates
Top-down estimats
Definition
The estimates that use the actual cost of a previous, similar project as the basis for estimating the cost of the current project.
Term
Baseline
Definition
A starting point, a measurement, or an observation that is documented so that it can be used for future comparison; also defined as the original project plans plus approved changes.
Term
Bottom-up estimates
Definition
Cost estimates created by estimating individual activities and summing them to get a project total.
Term
Buffer
Definition
Additional time to complete a task, added to an estimate to account for various factors.
Term
Burst
Definition
An occurrence when two or more activities follow a single node on a network diagram.
Term
Cost baseline
Definition
A time-phased budget that projects manages use to measure and monitor cost performance.
Term
Crashing
Definition
A technique used for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost.
Term
Critical chain scheduling
Definition
A method of scheduling that takes limited resources into account when creating a project schedule and includes buffers to protect the project completion date.
Term
Critical path
Definition
The series of activities that determine the earliest time by which te project can be completed; it is the longest path through the network diagram and has the least amount of slack or float.
Term
Critical path method (CPM)
Critical path Analysis
Definition
A network diagramming technique used to predict total project duration.
Term
Dependency or relationship
Definition
The sequencing of project activities or tasks.
Term
Discretionary dependencies
Definition
The dependencies that are defined by the project team.
Term
Duration
Definition
The actual amount of time spent working on an activity plus elapsed time.
Term
Effort
Definition
The number of workdays or work hours required to complete a task.
Term
Ecternal dependencies
Definition
The dependencies that involve relationships between project and not-project activities
Term
Fast tracking
Definition
A schedule compression technique where you do activities in parallel that you would normally do in sequence.
Term
Feeding buffers
Definition
Additional time added before tasks on the critical path are preceded by no-critical tasks.
Term
Gantt charts
Definition
A standard format for displaying project schedule info by listing project activities and their corresponding start and finish dates in a calender format.
Term
Mandatory dependencies
Definition
The dependencies that are inherent in the nature of the work being performed on a project.
Term
Merge
Definition
A situation when tow or more nodes precede a single node on a network diagram.
Term
Milestone
Definition
A significant event on a project.
Term
Multitasking
Definition
When a resource works on more than one task at a time.
Term
Murphy's Law
Definition
If something can go wrong, it will.
Term
Network diagram
Definition
A schematic display of the logical relationship among, or sequencing of, project activities.
Term
Node
Definition
The starting and ending point of an activities on an activity-on-arrow network diagram.
Term
Organisationa process assets
Definition
Policies and procedures related to project management, past project files, and lessons-learned reports from previous, similar projects.
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