Exam 5: Developing the Schedule

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This longest path in the overall network diagram is called the network path.

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The amount of slack should determine the priority with which these concentrated efforts are applied.

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The estimated duration for each activity is indicated by a bar spanning the period

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For large projects that involve several hundred people performing various activities over several years, it is practical to have each person estimate activity durations at the beginning of the project.

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Total slack for the project is the difference between

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Calculate the earliest start for Task B if its predecessor, Task A, finishes on day 3 and the duration of Task B is 2 days.

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Earliest finish time (EF)is the earliest time by which a specific activity can be completed, calculated

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The total completion time is 25 days.Task A is planned to take seven days.Task B is planned to take five days.Task C is planned to take eight days.The tasks have a serial relationship.How much slack does the project have?

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The estimated resources required for an activity will influence the estimated duration to perform the activity.

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Free slack of an activity is

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The project control process must occur regularly throughout the project and include all of the following except

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At the beginning of every project, it is possible to estimate the durations for all activities with a high level of confidence regarding their accuracy.

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The critical path of a project

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If the total slack is zero, the activities on the path do not need to be accelerated but cannot be delayed.

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The earliest finish time for an activity

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If an organization or subcontractor has performed similar projects in the past and has kept records of how long specific activities actually took, these historical data

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____ time is the latest time by which a particular activity must be finished in order for the entire project to be completed by its required completion time.

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Analyzing the schedule to determine which areas may need corrective action

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People sometimes perform to expectations, their effort will expand to fill the whole number of scheduled days allotted,

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The estimated duration for an activity must be based on the estimated quantity of resources required to perform the activity.

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