OMIS 690 FINAL STUDY SET || with Accurate Answers 100%.

WBS Dictionary correct answers A document that provides a description of each component - who is responsible for development - statement of work (SOW) - important milestones - estimate of costs and required resources Resource Scheduling correct answers A collection of techniques used to calculate the resources required to deliver the work and when they will be required. 1. create a network activity diagram first 2. adjust according to resource availability Duration correct answers The elapsed time of an activity, including any interruptions (holidays, etc) Effort correct answers actual time required to perform an activity excluding interruptions resource estimation correct answers - expert judgment - alternative analysis - published estimating data - bottom-up estimating Activity duration estimates correct answers - expert judgment - analogous estimating - quantitatively based estimates (parametric, three-point (PERT) - reserve analysis PERT Method correct answers Program Evaluation and Review Technique - method often used with critical path method - te = (o + 4m + p ) /6 te = time expected o = optimistic time m = most likely time p = pessimistic time Activity Sequencing correct answers Process of developing a network diagram and updating the activity list *possible sequencing constraints - resource availability - technical requirements and specifications