Exam 5: Developing the Schedule

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The estimated types and quantities of resources required for an activity together with the availability of those resources will influence the

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The project control process starts with establishing a baseline plan that shows how the project scope will be accomplished on schedule and over budget.

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The project control process involves all of the following except

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Total Slack is sometimes called

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Schedule control involves four steps. List the four steps in order.

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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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A concentrated effort to accelerate project progress must be applied to the paths with negative slack to activities that

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Latest start time is calculated by

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Calculate the latest finish for Task D if one of its successors, Task F, has a latest start on day 9, its other successor, Task E, has a latest start on day 10, and the duration of Task D is 2 days.

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With projects for which there is a high degree of uncertainty about the estimated durations for activities, it is possible to use three time estimates:

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When estimating resources for activities to estimate the activity's duration, the

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The latest finish time for a specific activity must be the same as or earlier than the earliest of all the latest start times of all the activities emerging directly from that specific activity.

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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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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. Task A takes nine days to be completed instead of seven days. How much slack does the project have now that Task A is finished?

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Latest start time (LS) is the latest time by which a specific activity must be

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Positive slack indicates the maximum amount of time

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Latest finish time (LF) is the latest time by which a specific activity must be

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An updated project schedule can be generated regularly that forecasts whether the project will finish ahead of or behind its required completion time.

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The estimated duration should be aggressive, yet unrealistic.

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