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PMI Chapter 6
Terms in this set (34)
Multiple attributes associated with each schedule activity that can be included within the activity list. Include activity codes, predecessor and successor activities, logical relationships, leads and lags, resource requirements, imposed dates, constraints, and assumptions.
Activity Resource Requirements
The types and quantities of resources required for each activity in a work package.
A technique used to evaluate identified options in order to select which options or approaches to use to execute and perform the work of the project.
A technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project.
Method of estimating project duration/cost by aggregating lower-level WBS estimates. Use when you cannot estimate resources for an activity with reasonable degree of confidence.
The process of monitoring project activity status to update project progress and manage schedule baseline changes.
Critical Chain Method
A schedule method that allows the team to place buffers on any project schedule path to account for limited resources and project uncertainties.
The sequence of activities that represents the longest path through the project, which determines the shortest possible project duration. It also is the sequence of activities that have zero total float.
Critical Path Method
A method used to estimate the minimum project duration and determine the amount of scheduling flexibility on the logical network paths within the schedule model.
Process of identifying and documenting the specific actions performed to produce the project deliverables.
Process of analyzing activity sequences, durations, and requirements to create the project schedule model.
Earned Value Management (EVM)
A methodology that combines scope, schedule, and resource measurements to assess project performance and progress.
Estimate Activity Durations
Process of estimating work periods needed to complete activities w/ estimated resources.
Estimate Activity Resources
Process of estimating the type and quantity of resources required to perform each activity.
The amount of time whereby a successor activity is required to be delayed with respect to a predecessor activity.
The amount of time whereby a successor activity can be advanced with respect to a predecessor activity.
A dependency between two activities, or between an activity and a milestone.
A relationship that is contractually required or inherent in the nature of the work.
A significant point or event in a project, program, or portfolio.
A list of all project milestones usually indicating whether each is mandatory or optional.
An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.
Plan Schedule Management
Process of establishing policies and procedures to plan, develop, manage, execute and control a project schedule.
Precedence Diagramming Method (PDM)
A technique used for building a schedule model in which activities are represented by nodes graphically linked to 1+ logical relationships to show activity order.
An activity that logically comes before a dependent activity in a schedule.
Project Schedule Network Diagram
A graphical representation of the logical relationships among the project schedule activities. (A Project Schedule is an output of a schedule model presenting plan dates, durations, milestones, resources.)
An analytical technique to determine the essential features and relationships of components in the project plan to establish a reserve (i.e., a contingency buffer) for the schedule duration, budget, or cost.
Resource Breakdown Structure
A hierarchical representation of resources by category and type.
A calendar that identifies the working days and shifts on which each specific resource is available.
Rolling Wave Planning
An iterative planning technique in which the work to be accomplished in the near term is planned in detail, whereas the work in the future is planned at a higher level.
Process of identifying and documenting the relationships among the project activities.
A dependent activity that logically comes after another activity in a schedule.
Total Float (a.k.a. Slack)
The amount of time an activity can be delayed from its early start date without delaying the project finish date or violating a schedule constraint.
A technique used to estimate cost or duration by applying an average of optimistic, pessimistic, and mostly likely estimates when individual estimates have uncertainty.
What-If Scenario Analysis
The process of evaluating scenarios in order to predict their effect on project objectives.
THIS SET IS OFTEN IN FOLDERS WITH...
VGH Chapter 3 + PMI Chapter 3
PMI Chapter 5
PMP Prep (RMC 8th Ed.) - Complete PM Process
PMP 6 Study: Definition List
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