FPM Week 6 - Schedule Planning
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FPM Week 6 - Schedule Planning

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Questions and Answers

Which of the following is a key output of schedule management planning?

  • Risk management plan
  • Scope statement
  • Schedule management plan (correct)
  • Project budget

    • What does the schedule management plan define?

  • The allocation of project resources
  • The methodology for developing and controlling the project schedule (correct)
  • The timeline for stakeholder meetings
  • How to manage project risks

    • Which scheduling technique analyzes activity sequences, durations, and resource requirements to develop a project schedule?

  • Monte Carlo simulation
  • Critical Path Method (CPM) (correct)
  • Gantt Chart
  • Earned Value Management

    • What is the purpose of a milestone list in project scheduling?

    <p>To track significant events in the project that have zero duration</p> Signup and view all the answers

    In the Critical Path Method (CPM), what is the 'critical path'?

    <p>The longest sequence of activities that determines the shortest time to complete the project</p> Signup and view all the answers

    What is a key characteristic of activities on the critical path?

    <p>They have zero float</p> Signup and view all the answers

    Which of the following dependencies means that a successor activity cannot start until its predecessor has finished?

    <p>Finish-to-start (FS)</p> Signup and view all the answers

    In a Precedence Diagramming Method (PDM), what do the arrows represent?

    <p>Activity dependencies</p> Signup and view all the answers

    What is the difference between a mandatory and discretionary dependency in scheduling?

    <p>Mandatory dependencies are inherent to the project work, while discretionary dependencies are based on best practices</p> Signup and view all the answers

    What is the purpose of estimating activity durations?

    <p>To determine how long each activity will take to complete</p> Signup and view all the answers

    Which estimating technique uses historical data from similar projects to estimate durations?

    <p>Analogous estimating</p> Signup and view all the answers

    In the three-point estimating technique, which distribution gives more weight to the most likely estimate?

    <p>Beta distribution (PERT)</p> Signup and view all the answers

    If the optimistic time for an activity is 10 days, the most likely time is 20 days, and the pessimistic time is 30 days, what is the estimated duration using the beta distribution (PERT)?

    <p>23.33 days</p> Signup and view all the answers

    What is 'float' in the context of project scheduling?

    <p>The amount of time an activity can be delayed without delaying the project finish date</p> Signup and view all the answers

    Which type of float refers to the amount of time an activity can be delayed without delaying the early start of its successor?

    <p>Free float</p> Signup and view all the answers

    What is the primary purpose of resource leveling?

    <p>To ensure that resource demand does not exceed available supply</p> Signup and view all the answers

    How does crashing a project schedule affect the critical path?

    <p>It shortens the critical path by increasing resource allocation to reduce activity durations</p> Signup and view all the answers

    What is fast tracking in project scheduling?

    <p>Performing activities in parallel that were initially planned to be done in sequence</p> Signup and view all the answers

    What is the main risk associated with fast-tracking a project?

    <p>Higher likelihood of rework and errors</p> Signup and view all the answers

    What is a release plan in Agile project management?

    <p>A high-level plan that outlines the features or outcomes to be delivered over several iterations</p> Signup and view all the answers

    What is the purpose of the product backlog in Agile?

    <p>To prioritize tasks and features for development</p> Signup and view all the answers

    How does the sprint backlog differ from the product backlog in Agile?

    <p>The sprint backlog contains items to be completed during a specific sprint, while the product backlog contains all items for the project</p> Signup and view all the answers

    In Scrum, who is responsible for managing the product backlog?

    <p>Product Owner</p> Signup and view all the answers

    What is the Minimum Viable Product (MVP) in Agile?

    <p>The first product release with minimal functionality</p> Signup and view all the answers

    What is the purpose of a Gantt chart in project management?

    <p>To visualize the project schedule, showing task durations and dependencies</p> Signup and view all the answers

    In a forward pass calculation, what is the formula for Early Finish (EF)?

    <p>EF = ES + Duration</p> Signup and view all the answers

    In a backward pass calculation, what is the formula for Late Start (LS)?

    <p>LS = LF - Duration</p> Signup and view all the answers

    How is total float calculated?

    <p>Float = Late Finish - Early Finish</p> Signup and view all the answers

    In Agile, what is the purpose of a sprint board?

    <p>To visualize the progress of user stories and tasks within a sprint</p> Signup and view all the answers

    What is a key characteristic of sprints in Scrum?

    <p>They have a fixed duration, usually between 1 to 4 weeks</p> Signup and view all the answers

    In which sprint activity does the team discuss what went well and what can be improved?

    <p>Sprint retrospective</p> Signup and view all the answers

    What is a product increment in Scrum?

    <p>A portion of the product backlog completed in a sprint</p> Signup and view all the answers

    In Agile, what is the role of the development team during a sprint?

    <p>To complete tasks from the sprint backlog and deliver a usable product increment</p> Signup and view all the answers

    What is the primary purpose of sprint planning?

    <p>To determine what can be delivered in the next sprint</p> Signup and view all the answers

    Which scheduling technique uses a two-pass approach to calculate early and late start and finish dates for each activity?

    <p>Critical Path Method (CPM)</p> Signup and view all the answers

    What is a 'lag' in project scheduling?

    <p>A delay between the start of one activity and the start of another</p> Signup and view all the answers

    Which of the following Agile values emphasizes responding to change over following a plan?

    <p>Customer collaboration over contract negotiation</p> Signup and view all the answers

    What is the main objective of release planning in Agile?

    <p>To define the high-level plan for delivering features or outcomes across multiple sprints</p> Signup and view all the answers

    In a Precedence Diagramming Method (PDM), what type of relationship does the finish-to-finish (FF) dependency describe?

    <p>The predecessor activity must finish before the successor can finish</p> Signup and view all the answers

    What is resource smoothing in project scheduling?

    <p>Adjusting activities so resource requirements do not exceed predefined limits without changing the project schedule</p> Signup and view all the answers

    In Scrum, who is responsible for defining the 'Definition of Done'?

    <p>Development team</p> Signup and view all the answers

    Which of the following best describes a Gantt Chart?

    <p>A bar chart that represents project tasks along a timeline, showing dependencies and durations</p> Signup and view all the answers

    In Agile, what is a sprint demo or sprint review?

    <p>A session where the team demonstrates the work completed during the sprint to stakeholders</p> Signup and view all the answers

    Which of the following is an Agile technique for breaking down work into manageable tasks?

    <p>Sprint board</p> Signup and view all the answers

    In the critical path method (CPM), what is the impact of reducing the duration of activities on the critical path?

    <p>It reduces the total project duration</p> Signup and view all the answers

    What is the purpose of a project schedule baseline?

    <p>To provide a fixed reference point for comparing actual performance against planned schedule</p> Signup and view all the answers

    Which Agile concept involves delivering the smallest product that can be tested by users to get feedback quickly?

    <p>Minimum Viable Product (MVP)</p> Signup and view all the answers

    What happens during a forward pass calculation in CPM?

    <p>The early start and early finish times are calculated</p> Signup and view all the answers

    What type of activity dependency is most commonly used in project schedules?

    <p>Finish-to-start (FS)</p> Signup and view all the answers

    What tool helps teams visualize their work during a sprint in Scrum?

    <p>Sprint board</p> Signup and view all the answers

    Study Notes

    Schedule Management Planning

    • Key output is the Schedule Management Plan which outlines how the schedule will be developed and controlled.
    • It defines the methodology for creating and maintaining the project schedule.

    Scheduling Techniques

    • Critical Path Method (CPM) analyzes sequence, duration, and resources to craft the project schedule; identifies the longest sequence of activities as the critical path.
    • Milestone lists track significant events in a project with zero duration, essential for monitoring progress.
    • Mandatory dependencies are inherent to the project work, while discretionary dependencies rely on best practices.

    Estimating Durations

    • Estimating activity durations helps determine how long each activity will take, pivotal for planning.
    • Analogous estimating uses historical data from similar projects for duration estimation.
    • The beta distribution (PERT) in three-point estimating places more weight on the most likely estimate.

    Float Concepts

    • Float (or slack) is the time an activity can be delayed without affecting the project's finish date.
    • Free float refers to the time an activity can be delayed without delaying its successor's early start.

    Resource Management

    • Resource leveling ensures resource demand doesn't exceed supply, stabilizing the project workload without adjusting the timeline.

    Project Scheduling Adjustments

    • Crashing reduces activity durations on the critical path to shorten project duration, while fast tracking performs activities in parallel to reduce total time.
    • Fast tracking brings risks of increased rework and errors.

    Agile Framework

    • A release plan in Agile outlines high-level features or outcomes over several iterations to maintain focus on delivery.
    • The product backlog prioritizes tasks and features, while the sprint backlog narrows tasks to be completed within a specific sprint timeframe.
    • The Minimum Viable Product (MVP) includes the simplest version of a product for user feedback.

    Scrum Practices

    • The Gantt chart visualizes project schedules by representing tasks along a timeline, showing dependencies and durations.
    • In Scrum, sprint reviews allow teams to demonstrate completed work to stakeholders, emphasizing collaborative feedback.
    • Each sprint has a fixed duration, typically 1 to 4 weeks, and involves a retrospective to discuss successes and improvements.

    Calculation Methods

    • Forward pass calculations determine early starts and finishes for activities; the formula for Early Finish (EF) is EF = ES + Duration.
    • Backward pass calculations calculate Late Start (LS) with LS = LF - Duration.
    • Total float is calculated as Float = Late Finish - Early Finish.

    Activity Dependencies

    • Finish-to-start (FS) is the most commonly used dependency where a successor cannot start until its predecessor is finished.

    Visual Tools

    • Sprint boards help teams visualize progress during a sprint, tracking tasks effectively.

    Agile Values

    • Agile emphasizes responding to change over strict adherence to plans, promoting collaboration and flexibility.

    Key Concepts

    • A project schedule baseline provides a reference for comparing actual performance against planned timelines, critical for ongoing assessment and changes.

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    Description

    Test your knowledge on key concepts of schedule management planning in project management. This quiz covers important aspects such as outputs, definitions, and techniques necessary for effective scheduling. Challenge yourself and see how well you understand the schedule management plan!

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