Network Diagrams and CPM PPM503 - Project Scheduling Terms

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

A junction point in a network connected to other dependency lines

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

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

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.

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

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

Activities from each critical path with the smallest crash cost per period

What does finding the critical path in project management involve?

Determining the sequence of activities that will take the longest time to complete

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

What is the definition of Slack in a project schedule?

The difference between the earliest start time and latest finish time of an activity

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

The earliest time an activity can start without delaying the project

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

EF = ES + Duration

Learn about project scheduling terms such as Project Network Diagram, Path, Event, and Node. Enhance your understanding of logical relationships in project activities. Part of the Planning, Execution, and Control Week 4 content in the course PPM503.

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