Describe how the network diagram can help on a project.
1 out of 10
Which of the following actions are involved in the estimate activity resource process?
Answer these 25 action items with yes or no.
Review schedule management plan.
Review resource availability.
Review activity cost estimates.
Get one time estimate per activity.
Complete an analysis of the reserves needed on the project.
Create a company calendar identifying working and nonworking days.
Create milestones.
Review the WBS, activity list, and activity attributes.
Review historical information about the use of resources on similar projects.
Review organizational policies on resource use.
See how leads and lags affect the time estimate.
Solicit expert judgment on what resources are needed and available.
Analyze alternative equipment or methods to use in completing the work and whether different approaches help to better utilize resources.
Show network dependencies per activity.
Identify areas of the project that cannot be completed internally or would otherwise be more efficiently achieved through outsourcing (make-or-buy decisions).
Crash the project.
Break the activity down further if the activity is too complex to estimate resources (bottom-up estimating).
Quantify resource requirements by activity.
Create a hierarchical image that organizes the planned resources by their category and type (a resource breakdown structure).
Fast track the project.
Develop the schedule.
Develop a plan as to what types of resources will be used.
Update project documents.
3 out of 10
Calculate the expected activity duration using triangular distribution.
It is best to calculate three decimal places and round to two decimal places when you are ready to check your answers on the exam.
4 out of 10
Calculate the Expected Activity Duration (Beta Distribution), Beta Activity Standard Deviation and Range of the Estimate.
It is best to calculate three decimal places and round to two decimal phases when you are ready to check your answers on the exam. For this exercise, use three decimal phases.
5 out of 10
Using the information below, draw a network right diagram and answer the following questions
You are the project manager for a new project and it figured out the following dependencies:
activity one can start immediately and has an estimated duration of three weeks.
- Activity two can start after activity one is completed and has an estimated duration of three weeks.
- Activity three can start after activity one is completed and has an estimated duration of six weeks.
- Activity four can start after activity to is completed and has an estimated duration of eight weeks.
- Activity five can start after activity four is completed it after activity three is completed. This activity takes four weeks
9 out of 10
