Chapter 3: Project Management /
Exam Questions & Detailed Solutions.Stretch your brain before your first study session Learn / Study with Learn time-based completion and achievement of quality standards Choose matching term 1Three Phases2Usefulness of Network Techniques 3Activity-on-Arrow (AOA)4Project Management (importance) Don't know?Project Management (importance) time-based completion and achievement of quality standards Three Phases planning scheduling controlling 1 / 2
Terms in this set (32) Project Organization Projects Work Breakdown Structure (WBS) Lowest Level in WBS Project Scheduling Gantt Chart Network Techniques Usefulness of Network Techniques Project Controlling Program Evaluation Review Technique (PERT) Critical Path Method (CPM) Critical Path formed to ensure that programs (projects) receive the proper management and attention related tasks directed to a major output hierarchical framework that involves breaking a project down into a series of smaller tasks identifies activities that report work packages involves sequencing and allotting time to all project activities horizontal bar chart representation of a set of tasks
PERT, CPM
shows relationships of activities, identifies precedence, encourages setting realistic schedules and cost estimates, and enhances efficiency involves monitoring resources, costs, quality, and budgets; using a feedback loop to help make adjustments; produce extensive reports for project managers technique that employs three time estimates for each activity which enables computations of worst and best case scenarios as well as probability that projects may become late technique that uses only one time factor per activity; assumes all activity times are known and fixed constants the computed longest time path(s) through a network; if activities on path are delayed then the entire project will be delayed
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