Three-point estimating is a
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risk-based method
A deliverable is a
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product or service produced or provided as part of the project
Methods for creating schedule
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critical path, schedule compression, modeling, resource optimization,
critical chain method
Monitoring project work includes
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collecting, measuring, disseminating performance information
Project portfolio management
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Quadrants: High risk, high payoff; high risk, low payoff; etc
SV
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, Schedule variance: EV -PV
Schedule development continues
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throughout the project as work progresses, while taking into account the
project management plan changes and risks
Resource smoothing
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only levels within the limits of the float so completion dates are not
impacted
Delay costs
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as one person is waiting for another to begin the work day, there is a
compounded delay as the previous communications were asynchronous
A deliverable is
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, anything produced in the lifetime of the project that supports project
completion
PM Process Groups
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Initiating, planning, executing, monitoring and controlling, closing
Project schedule is important to cost estimate bc
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timing of when you buy affects costs, need time-phased buying plan
VAC
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Variance at completion - as of today, how much over or under budget do
we expect to be at the end of the project
Role of PM
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risk-based method
A deliverable is a
,Give this one a try later!
product or service produced or provided as part of the project
Methods for creating schedule
Give this one a try later!
critical path, schedule compression, modeling, resource optimization,
critical chain method
Monitoring project work includes
Give this one a try later!
collecting, measuring, disseminating performance information
Project portfolio management
Give this one a try later!
Quadrants: High risk, high payoff; high risk, low payoff; etc
SV
Give this one a try later!
, Schedule variance: EV -PV
Schedule development continues
Give this one a try later!
throughout the project as work progresses, while taking into account the
project management plan changes and risks
Resource smoothing
Give this one a try later!
only levels within the limits of the float so completion dates are not
impacted
Delay costs
Give this one a try later!
as one person is waiting for another to begin the work day, there is a
compounded delay as the previous communications were asynchronous
A deliverable is
Give this one a try later!
, anything produced in the lifetime of the project that supports project
completion
PM Process Groups
Give this one a try later!
Initiating, planning, executing, monitoring and controlling, closing
Project schedule is important to cost estimate bc
Give this one a try later!
timing of when you buy affects costs, need time-phased buying plan
VAC
Give this one a try later!
Variance at completion - as of today, how much over or under budget do
we expect to be at the end of the project
Role of PM
Give this one a try later!
