12. In general, work packages should not exceed 10 work days. 13. The project structure chosen to manage the project will have little impact on the actual project work to be accomplished. 14. An activity is an element of the project that always requires time but may or may not require resources. 15. The forward pass through a project network determines the critical path. 16. Different activities along the same path can have different total slack. 17. It is possible to have more than one critical path at the same time. 18. Free slack applies to an entire project network. 19. Lags are used to break larger activities into smaller segments so that activities that follow can be started earlier. 20. In a balanced matrix form of project management, the project manager is responsible for defining what needs to be accomplished while the functional managers are concerned with how it will be accomplished.

12. In general, work packages should not exceed 10 work days. 13. The project structure chosen to manage the project will have little impact on the actual project work to be accomplished. 14. An activity is an element of the project that always requires time but may or may not require resources. 15. The forward pass through a project network determines the critical path. 16. Different activities along the same path can have different total slack. 17. It is possible to have more than one critical path at the same time. 18. Free slack applies to an entire project network. 19. Lags are used to break larger activities into smaller segments so that activities that follow can be started earlier. 20. In a balanced matrix form of project management, the project manager is responsible for defining what needs to be accomplished while the functional managers are concerned with how it will be accomplished.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

The following statement about a noncritical activity is FALSE: A. Delaying it beyond its slack will cause the delay of the whole project.B. It can be delayed.C. Both A and B.D. Neither A nor B.
The critical path method (CPM) is a project management technique used to identify the sequence of activities that determine the shortest possible duration for completing a project. True/False
What does Goldratt's Critical Chain explain? Select one: a. Theory of Constraints for better management of scope and development of more realistic work breakdown structures b. The principal foundation on the critical path method which is the longest path from start to finish, it indicates the minimum time required to complete the project. c. All of the above d. The principal foundation on the critical path method which is the longest path from start to finish, it indicates the maximum time required to complete the project. e. The Theory of Constraints for better management of schedules through fixing of bottlenecks in order to improve the throughput of overall system. This was the foundation to Critical Chain Project Management Method.
Project crashing is when you shorten the duration of a project by reducing the time of one or more tasks. Crashing is done by increasing the resources to the project, which helps make tasks take less time than what they were planned for. Of course, this also adds to the cost of the overall project. Therefore, the primary objective of project crashing is to shorten the project while also keeping costs at a minimum. What are the different options for crashing an activity when resources are not constrained ?
The entire process of project time management can be enhanced considerably by scheduling periodic meetings. What is the objective of such a meeting, and who should participate?
(1) Suppose a project manager is reviewing the project management plan, the work performance data, and the project schedule. She is getting ready to do next? Work the project plan. Plan the project schedule. Start Control Schedule. Create the WBS. (2) During the Control Schedule process, what is one of the most common outputs? Stakeholder meeting Team meeting Vacation request Change request
If an activity has a zero slack, it: A. Is on the critical path.B. Must be a noncritical activity.C. Can be completed in no time at allD. Means the project is expected to be delayed.
A graphical representation that shows project events as nodes and arrows represents relationship is known as Select one: a. Activity on Bars O b. Precedence diagram O c. Gantt Chart O d. Activities on Arrow O e. Activity on Nodes
A simple CPM network has three activities, G, H, and I. G is an immediate predecessor of H and of I. H is an immediate predecessor of I. The activity durations are G = 5, H = 2, 1 = 2. O A. The critical path is H-I, duration 4. B. The network has no critical path. O C. The critical path is G-H-I, duration 3. O D. The critical path is G-I, duration 7. E. The critical path is G-H-I, duration 9.
Given the activities of a project; their optimistic (t.), most likely (t_) and pessimistic (t) time estimates; and their immediate predecessors shown below 1. When is the earliest project completion? 2. Which activities are critical (should not be delayed)? 3. Which activities are noncritical (can be delayed)? 4. How long can each of the activities be delayed without delaying the whole project (maamum slack]? Immediate Activity Times, months Maximum Slack, Activities Predecessors t. months to 13 16 4 17 A 2 14 3. 13 10 13 14 B. D FH. 25 ABCDELGHI
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Develop a WBS to reflect the scope of this project, showing the dependencies of the activities. Apart from preventing scope creep, what are some of the other benefits from having a WBS? You realize you will also need a Schedule Management Plan. Describe what is a Schedule Management Plan and state why it is necessary to have such a plan.