Project Schedule Management Overview
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Questions and Answers

Milestones are always achieved through one main activity.

False

The next step after defining project activities is developing the schedule.

False

A Tracking Gantt chart is based on the percentage of work completed for project tasks.

True

Planning schedule management is part of the Project Schedule Management knowledge area.

<p>True</p> Signup and view all the answers

Estimating activity durations is the final step in project schedule management.

<p>False</p> Signup and view all the answers

The Project Resource Management knowledge area includes estimating activity resources.

<p>True</p> Signup and view all the answers

Determining the budget is the first step in project cost management.

<p>False</p> Signup and view all the answers

Quality management planning is not considered a part of the project planning process.

<p>False</p> Signup and view all the answers

The critical path method (CPM) is used to estimate the maximum project duration.

<p>False</p> Signup and view all the answers

The first step in project schedule management is to define activities.

<p>False</p> Signup and view all the answers

A critical path is the sequence of project activities that represents the shortest path through a project.

<p>False</p> Signup and view all the answers

Estimating activity durations involves predicting the number of work periods needed for activities.

<p>True</p> Signup and view all the answers

Controlling the schedule involves monitoring the project status and managing changes.

<p>True</p> Signup and view all the answers

Activities that have time to spare are critical activities.

<p>False</p> Signup and view all the answers

Total project duration can be determined after establishing the dependencies of the activities.

<p>True</p> Signup and view all the answers

Developing the schedule involves analyzing activity sequences and resource requirements.

<p>True</p> Signup and view all the answers

Float/slack is the amount of time an activity can be delayed without affecting the completion date of the project.

<p>True</p> Signup and view all the answers

The latest start time (LS) indicates when a task must begin to avoid delaying subsequent project activities.

<p>True</p> Signup and view all the answers

The earliest finish time (EF) can be calculated without knowing the earliest start time (ES).

<p>False</p> Signup and view all the answers

The critical path consists of activities that have no effect on the completion date of the project.

<p>False</p> Signup and view all the answers

Activity H in the critical path must be completed before activities D, E, and G can begin.

<p>True</p> Signup and view all the answers

If an activity on the critical path is delayed, the overall project can still finish on time.

<p>False</p> Signup and view all the answers

In a project with 8 activities, if each activity has no predecessors, every activity can start simultaneously.

<p>True</p> Signup and view all the answers

Float/slack does not exist for activities in the critical path.

<p>True</p> Signup and view all the answers

The Float (F) for TASK A is calculated by subtracting the Earliest Finish (EF) from the Latest Finish (LF).

<p>True</p> Signup and view all the answers

The Latest Start (LS) for TASK B is equal to 5.

<p>False</p> Signup and view all the answers

The duration (D) of TASK C is 3 days.

<p>True</p> Signup and view all the answers

TASK D has a Latest Finish (LF) of 5.

<p>True</p> Signup and view all the answers

The minimum of LSE, LSB, and LSF for LFA is 5.

<p>False</p> Signup and view all the answers

The Earliest Start (ES) for TASK E is 3.

<p>True</p> Signup and view all the answers

The Latest Start (LS) for TASK F is 1.

<p>False</p> Signup and view all the answers

TASK H has an Earliest Finish (EF) of 5.

<p>True</p> Signup and view all the answers

The float (F) of a task indicates how much you can delay that task without delaying the project.

<p>True</p> Signup and view all the answers

The earliest finish (EF) of a task is calculated by adding the duration (D) to the earliest start (ES).

<p>True</p> Signup and view all the answers

A Gantt chart was created by Karl Gantt to help visualize project schedules.

<p>False</p> Signup and view all the answers

The latest finish (LF) of a task must always be equal to the earliest start (ES) of its successor tasks.

<p>False</p> Signup and view all the answers

Float time is always zero for tasks on the critical path.

<p>True</p> Signup and view all the answers

The task with the longest duration usually has the earliest start time.

<p>False</p> Signup and view all the answers

Project schedule management encompasses all activities related to defining, developing, and monitoring the project schedule.

<p>True</p> Signup and view all the answers

Tasks that have high float times are typically considered high priority within a project schedule.

<p>False</p> Signup and view all the answers

Study Notes

Project Schedule Management

  • The process of planning, developing, managing, executing, and controlling a project involves the creation of a schedule
  • This schedule is constructed through a sequence of processes that identify, define and sequence project activities, estimate their durations, and then consider resource requirements along with schedule constraints
  • The goal is to produce a project schedule model that can be monitored and updated as needed to ensure the project is completed on time

Planning Project Schedule Management

  • This process establishes policies, procedures, and documentation for the entire schedule management effort
  • It involves defining how the schedule will be created, managed, and controlled

Defining Activities

  • Involves identifying and documenting the specific actions required to produce the project deliverables
  • Essentially, it's breaking down the project into smaller tasks

Sequencing Activities

  • Identifying and recording the relationships between the various project activities
  • Understanding which activities must be completed before others, or which can be done in parallel

Estimating Activity Durations

  • Involves determining the amount of time needed to complete each activity
  • This takes into account the estimated resources required, and any potential delays

Developing Schedule

  • Analyzing the sequence of activities, their durations, and resource requirements, along with schedule constraints
  • This process results in the creation of the project schedule model, which is a visual representation of the project plan

Controlling Schedule

  • Involves monitoring the progress of the project against the schedule and making any necessary adjustments
  • This requires managing changes to the schedule and ensuring that the project stays on track

Gantt Charts

  • A popular tool for visually representing project schedules
  • These charts are bar charts that illustrate the project schedule in a clear and understandable way
  • They are used to monitor progress and identify any potential problems

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Description

This quiz explores the essential processes involved in project schedule management, including planning, defining activities, and sequencing tasks. It aims to help you understand how to create and manage a project schedule effectively to ensure timely completion. Test your knowledge on the crucial steps that lead to successful project scheduling.

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