Exam 11: Critical Chain Project Scheduling

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What are the implications for due dates and milestones when project slack is reapplied to the aggregated level?

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All five members of a project team add 20% to their individual serial activities as a safety margin and submit their time estimates to the project manager.The manager adds the activity length estimates together and adds 20% for his personal safety margin.Then,anticipating a cut by top management,he adds another 20% to his final project estimate.Much to his surprise,top management leaves his project alone.How much of a cushion is now built into the project?

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A system-wide constraint is called a:

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What is aggregated buffer and how can the appropriate amount be determined?

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A project consists of three activities with information as shown in the table.What is the overall variance of the project? A project consists of three activities with information as shown in the table.What is the overall variance of the project?

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Your usual twenty minute commute takes two hours one morning when a 747 makes an emergency landing in the HOV lane on the beltway.This is an example of ________ variation.

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Which of the following is an example of common cause variation?

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Even though they know that their project teams have overestimated the individual task times,it is commonplace for project managers to add time to the overall project estimate.

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Alexander Demetrius Dickson,ADD to his friends,has three big projects he is working on,and he can't seem to organize his time effectively.Each of the three projects,we'll call them A,B,and C,should take ten days to complete.He is currently contemplating two different approaches.Approach one is to work each project to completion before starting on the next.The problem with this approach is that he tends to burn out if he works on one task for an extended period of time.For every two days he works on one single task,he finds he must take a half day off.ADD's alternative is to multitask,that is,work on project A for a day,then switch to project B for a day,before switching to project C for a day.The problem with this approach is that there is a small setup time equaling one-quarter of a day associated with each transition.Use a Gantt chart to show the effect of each approach and determine which method is the best (has the overall fastest completion time)for performing this work.

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The ________ Theorem states that if a number of probability distributions are summed,the variance of the sum equals the sum of the variances.

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Use the project information in the table to resolve resource conflicts,identify the critical chain and critical path,and create feeder buffers.The critical chain does NOT pass through: Use the project information in the table to resolve resource conflicts,identify the critical chain and critical path,and create feeder buffers.The critical chain does NOT pass through:

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A project consists of six consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's method to determine the aggregated two sigma buffer for this project. A project consists of six consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's method to determine the aggregated two sigma buffer for this project.

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When individual activity lengths are overestimated:

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________ is variation that is a fact of life in the normal course of system operation.

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Project personnel often become involved in several activities simultaneously;this ________ has negative consequences for the timely completion of these activities.

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What are the five steps behind the Theory of Constraints methodology and what takes place in each?

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Use these activity durations (that have been estimated at 90%)and precedence requirements to create two project schedules - a traditional schedule based on early start times and a critical chain schedule with buffers. Use these activity durations (that have been estimated at 90%)and precedence requirements to create two project schedules - a traditional schedule based on early start times and a critical chain schedule with buffers.

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In order to estimate completion of a Gaussian distributed activity with a 90% or higher degree of confidence,the time may be overestimated by as much as 200%.

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A resource constraint can be exploited using CCPM methodology by:

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According to CCPM:

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