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Network Diagrams and CPM PPM503 - Project Scheduling Terms

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Network Diagrams and CPM PPM503 - Project Scheduling Terms

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Questions and Answers

What is the definition of a 'Node' in a project network diagram?

A schematic display of logical relationships

A junction point in a network connected to other dependency lines (correct)

A point where an activity is either started or completed

The starting point of a project

What does 'Early Start (ES) date' refer to in project scheduling?

The earliest possible date the uncompleted portions of an activity can start (correct)

The point when an activity is initiated

The latest possible date an activity may begin without delaying a milestone

The logical relationships between project activities

What distinguishes Predecessors from Successors in project scheduling terminology?

Predecessors refer to activities that must be completed before initiation of later activities, while Successors are those that cannot start until predecessors are complete. (correct)

Predecessors are activities located at the beginning of a project, while Successors are at the end.

Predecessors are activities that cannot start until previous activities finish, while Successors are activities that must be completed before others start.

Predecessors are activities that follow successor tasks, while Successors are activities that precede predecessor tasks.

What is the purpose of computing slacks in project management?

To determine the amount of time an activity can be delayed without delaying the project Signup and view all the answers

In project crashing, what criteria are used to select activities for crashing?

Activities from each critical path with the smallest crash cost per period Signup and view all the answers

What does finding the critical path in project management involve?

Determining the sequence of activities that will take the longest time to complete Signup and view all the answers

How is the crash cost per time period computed in project crashing?

It involves dividing the crash cost by the number of periods to crash an activity Signup and view all the answers

What is the definition of Slack in a project schedule?

The difference between the earliest start time and latest finish time of an activity Signup and view all the answers

What does Early Start (ES) signify in a project schedule?

The earliest time an activity can start without delaying the project Signup and view all the answers

How are Early Finish (EF) and Late Finish (LF) related in a project schedule?

EF = ES + Duration Signup and view all the answers