MBA 742 - MODULE 3 QUESTIONS AND ANSWERS

MBA 742 - MODULE 3 QUESTIONS AND
ANSWERS
Develop Schedule Process - ✔✔The process of analyzing activity sequences,
durations, resource requirements, and schedule constraints to create the project
schedule model.

Develop Schedule Process - ✔✔The following tools and techniques are part of this
process:
•Schedule network analysis
•CPM
•CCM
•Resource optimization techniques
•Modeling techniques
•Lead and lags
•Schedule compression
•Scheduling tool

Planned Dates - ✔✔Key benefit of the Develop Schedule process is that it generates
____ ____ for completing project activities.

Schedule Network Analysis - ✔✔The techniques of identifying early and late start dates,
as well as early and late finish dates, for the uncompleted portions of project schedule
activities.

Critical Path - ✔✔the sequence of activities the represents the longest path through the
project, which determines the shortest possible duration

CPM (Critical Path Method) - ✔✔A method used to estimate the minimum project
duration and determine the amount of scheduling flexibility on the logical network paths
within the schedule module.

CCM (Critical Chain Method) - ✔✔A schedule method that allows the project team to
place buffers on any project schedule path to account for limited resources and project
uncertainties.

tasks & resources - ✔✔CPM is focused on ____ and CCM focuses on the ____.

task - ✔✔CPM is a ____ based model

Resource - ✔✔CCM is a ____ based model

, Forward & Backward - ✔✔In order to determine the project's critical path, it is necessary
to perform both a ____ and ____ pass through the network.

Forward - ✔✔In CPM, a ____ pass will ID the early-start and early finish times.

Backward - ✔✔In CPM, a ____ pass will ID the late-start and late-finish times.

Forward Pass - ✔✔A critical path method technique for calculating the early start and
early finish dates by working forward through the schedule model from the project start
date or a given point in time.

Backward Pass - ✔✔A critical path method technique for calculating the late start and
late finish dates by working backward through the schedule model from the project end
date.

Early Start (ES) - ✔✔In CPM, the earliest date the activity can start.

Early Finish (EF) - ✔✔In CPM, the earliest date the activity can finish

Late Finish (LF) - ✔✔In CPM, the latest date that the activity can finish without causing
a delay to the project completion date.

Late Start (LS) - ✔✔In CPM, the latest date that the activity can start without causing a
delay to the project completion date.

Free Float - ✔✔The amount of time that a schedule activity can be delayed without
delaying the early start date of any successor or violating a schedule constraint.

Total Float - ✔✔The amount of time that a schedule activity can be delayed or extended
from its early start date without delaying the project finish date or violating a schedule
constraint.

Critical - ✔✔A useful way of describing the critical path is as a continuous string(s) of
____ activities in the schedule between the start and finish of the project.

Duration - ✔✔The sum of the activity durations in the critical path is equal to the
project's ____; therefore a delay to any critical activity will result in a delay to the project
completion date.

Critical Activity - ✔✔An activity that is on the project's critical path. Does not possess
any float, total float = 0.