Shared Flashcard Set

Details

Ch 6 Project Time Management
Unix The Textbook 2nd Edition
58
Management
Undergraduate 2
11/23/2014

Additional Management Flashcards

 


 

Cards

Term
Activity
Definition
An element of work normally found on the WBS that has an expected duration, cost, and resource requirements
Term
Activity attributes
Definition
Information 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 tabulation of activities to be included on a project schedule.
Term
Activity-on-arrow (AOA)
Definition
A network diagramming technique in which activities are represented by arrows and connected at points called nodes to illustrate the sequence of activities
Term
Backward pass
Definition
A project network diagramming technique that determines the late start and late finish dates for each activity.
Term
Baseline dates
Definition
The planned schedule dates for activities in a Tracking Gantt chart.
Term
Buffer
Definition
Additional time to complete a task; a buffer is added to an estimate to account for various factors.
Term
Burst
Definition
A single node followed by two or more activities on a network diagram.
Term
Crashing
Definition
A technique 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 in a network diagram that determines the earliest completion of the project; it is the longest path through the network diagram and has the least amount of slack or float.
Term
Critical path method (CPM) or critical path analysis
Definition
A project network diagramming technique used to predict total project duration.
Term
Dependency
Definition
The sequencing of project activities or tasks
Term
Discretionary dependencies
Definition
The sequencing of project activities or tasks defined by the project team and used with care because they may limit later scheduling options.
Term
Dummy activities
Definition
Activities with no duration and no resources used to show a logical relationship between two activities in the arrow diagramming method of project network diagrams.
Term
Duration
Definition
The actual amount of time worked on an activity plus elapsed time.
Term
Early finish date
Definition
The earliest possible time an activity can finish based on the project network logic.
Term
Early start date
Definition
The earliest possible time an activity can start based on the project network logic.
Term
Effort
Definition
The number of workdays or work hours required to complete a task.
Term
External dependencies
Definition
The sequencing of project activities or tasks that involve relationships between project and non-project activities.
Term
Fast tracking
Definition
A schedule compression technique in which you do activities in parallel that you would normally do in sequence.
Term
Feeding buffers
Definition
Time added before tasks on the critical chain if they are preceded by other tasks that are not on the critical path.
Term
Finish-to-finish dependency
Definition
A relationship on a project network diagram in which the “from” activity must be finished before the “to” activity can be finished.
Term
Finish-to-start dependency
Definition
A relationship on a project network diagram in which the “from” activity must be finished before the “to” activity can be started.
Term
Float
Definition
The amount of time a project activity may be delayed without delaying a succeeding activity or the project finish date
Term
Forward pass
Definition
A network diagramming technique that determines the early start and early finish dates for each activity.
Term
Free slack (free float)
Definition
The amount of time an activity can be delayed without delaying the early start of any immediately following activities.
Term
Gantt chart
Definition
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in calendar form.
Term
Late finish date
Definition
The latest possible time an activity can be completed without delaying the project finish date.
Term
Late start date
Definition
The latest possible time an activity may begin without delaying the project finish date.
Term
Mandatory dependencies
Definition
The sequencing of project activities or tasks that are inherent in the nature of the work being done on the project.
Term
merge
Definition
Two or more nodes that precede a single node on a network diagram.
Term
Milestone
Definition
A significant event that normally has no duration on a project; serves as a marker to help in identifying necessary activities, setting schedule goals, and monitoring progress.
Term
Multitasking
Definition
Working on more than one task at a time.
Term
Murphy’s Law
Definition
The principle that if something can go wrong, it will.
Term
Network diagram
Definition
A schematic display of the logical relationships or sequencing of project activities.
Term
Node
Definition
The starting and ending point of an activity on an activity-on-arrow diagram.
Term
Parkinson’s Law
Definition
The principle that work expands to fill the time allowed.
Term
PERT weighted average
Definition
(Optimistic time + 4 * most likely time + pessimistic time)/6.
Term
Precedence diagramming method (PDM)
Definition
A network diagramming technique in which boxes represent activities.
Term
Probabilistic time estimates
Definition
Duration estimates based on using optimistic, most likely, and pessimistic estimates of activity durations instead of using one specific or discrete estimate.
Term
Program Evaluation and Review Technique (PERT)
Definition
A project network analysis technique used to estimate project duration when there is a high degree of uncertainty about the individual activity duration estimates
Term
Project buffer
Definition
Time added before the project’s due date.
Term
Project time management
Definition
The processes required to ensure timely completion of a project.
Term
Relationship
Definition
The sequencing of project activities or tasks
Term
Resource breakdown structure
Definition
A hierarchical structure that identifies the project’s resources by category and type.
Term
Resources
Definition
People, equipment, and materials.
Term
Schedule baseline
Definition
The approved planned schedule for the project.
Term
Slack
Definition
The amount of time a project activity may be delayed without delaying a succeeding activity or the project finish date
Term
Slipped milestone
Definition
A milestone activity that is completed later than planned.
Term
SMART criteria
Definition
Guidelines to help define milestones that are specific, measurable, assignable, realistic, and time-framed
Term
Start-to-finish dependency
Definition
A relationship on a project network diagram in which the “from” activity cannot start before the “to” activity is finished.
Term
Start-to-start dependency
Definition
A relationship on a project network diagram in which the “from” activity cannot start until the “to” activity starts
Term
Task
Definition
An element of work normally found on the WBS that has an expected duration, cost, and resource requirements
Term
Theory of Constraints (TOC)
Definition
A management philosophy that any complex system at any point in time often has only one aspect or constraint that limits the ability to achieve more of the system’s goal.
Term
Three-point estimate
Definition
An estimate that includes an optimistic, most likely, and pessimistic estimate.
Term
Total slack (total float)
Definition
The amount of time an activity may be delayed from its early start without delaying the planned project finish date.
Term
Tracking Gantt chart
Definition
A Gantt chart that compares planned and actual project schedule information.
Supporting users have an ad free experience!