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PMP-Time mgmt - KNR
Time management Flash cards for PMP examby KNR
36
Management
Professional
02/20/2011

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Cards

Term
Activity Definition
Definition
  • Identifying the specific actions that must be performed to produce the project deliverables identified in the Work Breakdown Structure (WBS).
  • Projct work packages are decomposed into smaller components called activities.
  • Includes definition and planning of the activities such that project objectives will be met.
Term
Templates
Definition
  • A standard activity list or a portion of an activity list from a previous project which is used as a template for a new project.
  • The related attributes activity information can also  contain other dexcriptive information useful in defining activities.
  • Can be used to identify schedule milestones.
Term
Activity List
Definition
  • Is a comprehensive list of all schedule activities required on the project. 
  • Includes the activity identifier and a scope of work definition for each activity in sufficient detail to ensure that the project team members understand what work need to be completed.
Term
Activity Sequencing
Definition
  • Involves identifying and documenting interactivity logical relationships.
  • Activities must be sequenced accurately using lead and lag times to support later development of a realistic and achievable schedule.
  • Every activity and milestone except the first and the last should be connected to a predecessor and a successor activity.
Term
Mandatory Dependencies (or hard logic)
Definition
  • Dependencies contractually required or inherent with the nature of work.
  • Determined by project team during activity sequencing. Often involve physical limitations.
  • Often referred to as hard logic.
Term
Discretionary Dependencies (preferred/soft logic)
Definition
  • Defined by the Project Management Team during Activity sequencing 
  • Referred to as preffered/preferential/soft logic
  • based on best practices/ project speifics
  • Should be fully documented as they can create arbitrary total float values
  • to be reviewed when fast tracking techniques are employed
Term
External Dependencies
Definition
  • Involve a relationship between project activities and non-project activities. (i.e. dependencies on issues which are beyond scope of the project)
  • Determined during activity sequencing by project team
  • Usually these are out of project team's control

 

 

Term

Precedence Diagramming Methods (PDM)

Definition
  • Method used in CPM for constructing a project scedule network diagram that uses nodes to represent the activities and connects them with arrows that show the dependencies.
  • Also called as AON( activity on Node)
  • Contains four types of dependencies(FS,FF,SS,SF)
Term

Precedence Relationships

Definition
  • Relationships between activities in Precedence Diagramming Method(PDM).
  • Four types of dependencies:
    • FS : Finish-to-Start
    • FF : Finish-to-Finish
    • SS: Start-to-Start
    • SF: Start-to-Finish
Term

Project Network Diagrams/PERT Chart

Definition

Schematic displays of project activities and logical relationships(dependencies) amongst them.

 

 

Term
Activity Duration Estimating
Definition
Process of taking information on project scope and estimated resources and approximating work periods / durations for input to schedules.
Term

Analogous Estimating (top-down)

Definition

Using the actual duration of a previous similar activity as the basis for estimating the duration of a future activity. Used to estimate project duration when there is a limited amount of detailed information about the project. (e.g. in early phases)

Term

Contingency, Buffer, Reserve

Definition

 

     The amount of funds, budget, or time needed above the estimate to reduce the risk of overruns of project objectives to a level acceptable to the organization.

Term

Activity Duration Estimates

Definition

Quantitative assessments of the likely number of work periods that will be required to complete an activity.

Term
Schedule Development
Definition
  • Determining start and finish dates for project activities and milestones.
  • If the start and finish dates are not realistic, then the project is unlikely to be finished as scheduled.
  • Schedule development can require the review and revision of duration estimates and resource estimates.
Term

Resource Pool Descriptions

Definition

Knowledge of what resources will be available at what times and in what patterns - necessary for schedule development

Term

Calendars

Definition
  • Project and Resource Calendars identify when the work is allowed.
  • Resource Calendars - specify when and how long identified project resources will be available during the project.
  • Project Calendar - a calaendar of working days or shiftsthat establishes those dates on whch schedule activities are worked , and also non working days,shifts on which schedule activities are idle. Typically defines, holdays, weekends and shift hours.
Term
Lead
Definition

A modification of a logical relationship that allows an acceleration of the successor activity. Successor Activity starts at a lead time before the predecessor activity has been completed.

 

E.g., in a Finish-to-Start dependancy, with a tenday lead, the successor activity can start ten days before the predecessor activity finishes.

Term
Lag
Definition
Successor Activity starts only at a lag time after the predecessor activity has been completed i.e. there is a waiting time between completion of the first activity and beginning of the second activity
Term
Mathematical Analysis
Definition
Involves calculating the theoretical early and late start and finish dates for all project activities without regard to any resource pool restrictions.
Term
Critical Path Method (CPM)
Definition
Calculates a single, deterministic early and late start start and finish date for each activity based on specified, sequential network logic
Term
Graphical Review and Evaluation Technique (GERT)
Definition
Allows for probabilistic treatment of both network logic and activity duration estimates
Term
Program Review and Evaluation Technique (PERT)
Definition
Uses a weighted average duration estimate to calculate activity durations - uses mean value(or expected value) of the distribution for calculations
Term
Duration Compression
Definition
Special case of mathematical analysis - looks to shorten the project schdule without changing the project scope. Includes techniques like crashing and fast tracking
Term
Crashing
Definition
Cost and schedule tradeoffs are analysed to determine how to get the greatest amount of compression for the least incremental cost.
Term
Fast Tracking
Definition
Doing activities in parallel that would normally be done in sequence - often results in rework, and increases risk
Term
Simulation
Definition
Involves calculating multiple project durations with different set of activity assumptions. (usually done using a computer program)
Term
Resource Leveling heuristics
Definition
Mathematical Analysis often results in preliminary early-start schedule that requires more resources during certain time periods than are available. Heuristics (or Rule of Thumb) used to do Resource Leveling
Term
Coding Structure
Definition
Activities should have a coding structure to allow sorting and/or extractions based on different attributes assigned to the activities.
Term
Project Schedule
Definition
Includes planned start and expected finish dates for each activity
Term
Project Schedule / Schedule Baseline
Definition
Component of the project plan - provides basis for measuring and reporting schedule performance
Term
Schedule updates
Definition
Modification to the schedule information that is used to manage the project.
Term
Revision
Definition
Special Category of schedule updates. They are changes to the schedule start and finish dates generally incorporated in response to scope changes or changes to estimates.
Term
Rebaselining
Definition
Done when schedule delays are very severe, and the project schedule has to be completely changed.
Term
Root Cause Analysis
Definition
Done as part of corrective action - Helps identify the cause of variation, so that schedule recovery can be planned and executed for the activities delienated later in the schedule
Term

Estimate Activity Durations : what are the inputs ?

Definition

Activity List

Attributes

Project Schedule Network diagrams

Activity Resource Requiements

Resource Calandars

Acivity Duration estimates

Project Scope Statement

EEF

OPA

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