COSC 475 Planning Exam 1 Review
2025 Questions and Answers 100%
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Define Activity - ✔✔A task or process to be accomplished in a set period of time as part
of working toward a larger project goal. An Activity can be assigned to a resource(s)
and have an associated cost. Activities are ordered with logic links.
Define Actual Cost - ✔✔The real amount paid or incurred for labor or materials.
Define Activity Relationship - ✔✔An ordered link between 2 activities representing the
order of execution.
What are the relationship types? - ✔✔FS - Finish to Start
SS - Start to Start
FF - Finish to Finish
SF - Start to Finish
Define Approved Change Requests - ✔✔Documents of approved changes made to the
project contract as a whole (cost, schedule, plan). These are first reviewed by all
stakeholders before being approved.
COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 1
, Define Arrow Diagraming Method (ADM) - ✔✔A network diagramming technique
used in Project Management in which activities are represented by arrows. It is also
known as the activity-on-arrow (AOA) method.
Define Backward Pass (Backward Plan) - ✔✔Critical path calculation process which
having calculated earliest date for activities on the network. Works backwards to find
activities latest start and finish dates/float
Define Bar Chart - ✔✔A chart on which activities are represented by Bars. The Bars
length is represented by the activity Duration, and is lined-up on an X-axis time scale.
Define Base Line - ✔✔A set of dates and costs frozen at the start of the project and used
as a basis for performance evaluation as the project progresses.
Define Budgeted Cost - ✔✔The amount planned ahead and placed aside to execute an
activity or an entire project from start to finish.
Define Change Estimate - ✔✔An estimate evaluating a potential change to a project.
Often the estimate focuses on Cost, Schedule and Resource changes.
Define Change Impact - ✔✔The effect of a project change on project cost, schedule and
resourcing.
Define Committed Cost - ✔✔A cost which has not yet been paid, but an agreement,
such as a purchase order or contract, has been made such that the cost is no longer
recoverable.
Define Cost Breakdown Structure (CBS) - ✔✔A breakdown of the project into cost
elements for cost control planning. A CBS will deconstruct a project into various cost
elements or types such as area, phase, discipline, or materials.
Define Critical Activity - ✔✔An activity that is on the project's critical path.
COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 2
2025 Questions and Answers 100%
Pass
Define Activity - ✔✔A task or process to be accomplished in a set period of time as part
of working toward a larger project goal. An Activity can be assigned to a resource(s)
and have an associated cost. Activities are ordered with logic links.
Define Actual Cost - ✔✔The real amount paid or incurred for labor or materials.
Define Activity Relationship - ✔✔An ordered link between 2 activities representing the
order of execution.
What are the relationship types? - ✔✔FS - Finish to Start
SS - Start to Start
FF - Finish to Finish
SF - Start to Finish
Define Approved Change Requests - ✔✔Documents of approved changes made to the
project contract as a whole (cost, schedule, plan). These are first reviewed by all
stakeholders before being approved.
COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 1
, Define Arrow Diagraming Method (ADM) - ✔✔A network diagramming technique
used in Project Management in which activities are represented by arrows. It is also
known as the activity-on-arrow (AOA) method.
Define Backward Pass (Backward Plan) - ✔✔Critical path calculation process which
having calculated earliest date for activities on the network. Works backwards to find
activities latest start and finish dates/float
Define Bar Chart - ✔✔A chart on which activities are represented by Bars. The Bars
length is represented by the activity Duration, and is lined-up on an X-axis time scale.
Define Base Line - ✔✔A set of dates and costs frozen at the start of the project and used
as a basis for performance evaluation as the project progresses.
Define Budgeted Cost - ✔✔The amount planned ahead and placed aside to execute an
activity or an entire project from start to finish.
Define Change Estimate - ✔✔An estimate evaluating a potential change to a project.
Often the estimate focuses on Cost, Schedule and Resource changes.
Define Change Impact - ✔✔The effect of a project change on project cost, schedule and
resourcing.
Define Committed Cost - ✔✔A cost which has not yet been paid, but an agreement,
such as a purchase order or contract, has been made such that the cost is no longer
recoverable.
Define Cost Breakdown Structure (CBS) - ✔✔A breakdown of the project into cost
elements for cost control planning. A CBS will deconstruct a project into various cost
elements or types such as area, phase, discipline, or materials.
Define Critical Activity - ✔✔An activity that is on the project's critical path.
COPYRIGHT © 2025 BY OLIVIA WEST, ALL RIGHTS RESERVED 2
