Exam 8: Project Time Management

The _____ schedule is a summary level schedule that encompasses the entire project scope.

The difference between the early start date and the late start date for activities on the critical path is usually the same as the total float.

Complex projects require software that can track the interactions of thousands of tasks such as Microsoft Project.

To execute the master schedule, the major activities are broken down into smaller activities and resources are assigned to those activities.

To calculate early start dates, begin with the project start date and assign that date as the start date of activities that have predecessor activities.

A sequence that can be determined logically is called an):

An) _____ is the soonest date an activity can begin as determined by the project start date and the durations of its predecessor activities.

A milestone is an indicator of an important point in the project.

The higher levels of the work breakdown structure WBS) represent increasing amounts of detail while the lower levels represent broad categories of activities.

The _____ is the process of determining the earliest starting date for each activity by beginning at the project start date and adding the activity durations resulting with the early finish date for the project.

Work performed on the project that consumes project resources, including cost and time are called _____.

Activities that have predecessor-successor relationships occur _____.

Float, sometimes called _____, is the amount of time an activity can be delayed from an early start without delaying the completion date.

Which of the following is a step in calculating the early start dates of subsequent activities, assuming finish-start relationships?

An) _____ has no duration or resources, and is simply an indicator of an important point in the project.

Lead time is _____.

An estimate is an educated guess based on knowledge, experience, and fact.

The additional time added to the schedule that can be used if a scheduled activity exceeds its estimated duration is called _____.

An updated schedule that shows the present status of the project is called the _____ schedule.

If activities must begin at the same time, they have a _____ relationship.