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6. Schedule Management

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Time Management, Plan Schedule Management, Plan Schedule Management>Data Flow Diagram, Schedule Management Plan - Output, Define Acivities, Define Activity output

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6. Schedule Management

  1. 1. 7/20/2017www.Testudaan.com1 Time Management Saraca Solutions Pvt. Ltd. BEST PMP EXAM SIMULATOR
  2. 2. The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule 2 6.1 Plan Schedule Management 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  3. 3. 3 6.1 Plan Schedule Management>Data Flow Diagram 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  4. 4. Establishes the criteria and the activities for developing, monitoring and controlling the schedule • Project schedule model development :The scheduling methodology and the tool to be used (CPM or CCM) • Level of accuracy : Acceptable range used in determining realistic activity duration estimate • Units of measure: Each unit used in measurements • Project schedule model maintenance: The process used to update the status and record the progress of the project in the schedule model • Control thresholds: Variance thresholds for monitoring schedule performance • Rules of performance measurement using EVA • Reporting formats 4 Schedule Management Plan - Output 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  5. 5. Involves identifying and documenting the specific actions to be performed to produce the project deliverables RollingWave Planning (T &T): • A form of progressive elaboration planning where the work to be accomplished at the near term is planned in detail at a low level of the WBS, while the work far in the future is planned at relatively high levels of the WBS 5 6.2 DefineActivities 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  6. 6. 6 6.2 DefineActivities > Data Flow Diagram 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  7. 7. During initial stages i.e.Define Activities - 1. Activity Identifier (ID) 2. WBS ID 3. Activity Label orActivity Name 7 DefineActivity - Output 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  8. 8. Dashboard Steering Wheel Doors Upholstery Mud Guards 1 2 3 4 5 Final Deliverable Intermediate Deliverables RFP 40 h 1.1.2 Work Package WBS Cd Act Id Activity Description 1.1.2 WP2 Request For Proposal 1.1.2.1 A1 Invite sellers for discussion 1.1.2.2 A2 Meeting with sellers 1.1.2.3 A3 Send RFP templates to sellers 1.1.2.4 A4 Receive RFP from sellers Example : Car Case Study : Activity List 7/20/2017www.Testudaan.com8 BEST PMP EXAM SIMULATOR
  9. 9. Process of identifying and documenting relationships among project activities 9 6.3 SequenceActivities 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  10. 10. 10 6.3 SequenceActivities>Data Flow Diagram 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  11. 11. Dashboard Steering Wheel Doors Upholstery Mud Guards 1 2 3 4 5 Final Deliverable Intermediate Deliverables RFP 40 h 1.1.2 Work Package Example : Car WBS Cd Act Id Activity Description Dependency 1.1.2 WP2 Request For Proposal 1.1.2.1 A1 Invite sellers for discussion 1.1.2.2 A2 Meeting with sellers A1 (FS) 1.1.2.3 A3 Send RFP templates to sellers A2 (FS-2) 1.1.2.4 A4 Receive RFP from sellers A2,A3 (FS) Case Study : Sequence Activities 7/20/2017www.Testudaan.com11 BEST PMP EXAM SIMULATOR
  12. 12. After activity lists are created, they need to be logically sequenced to : • Identify the optimal duration of the project • Identify the critical path • Plan resources and material for the project Sequencing of activities can be done : • Manually • Using a software – MS Project, Primavera • Using a blended approach Project network diagrams are the most convenient representations of project activity sequencing 12 SequenceActivities 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  13. 13. Mandatory dependencies: • Also referred to as hard logic • Required as per contract or inherent in the nature of the work. • Usually involve physical limitations (e.g., you cannot build the ceiling until walls are constructed) Discretionary dependencies: • Also referred to as preferred logic, preferential logic, or soft logic • Discretionary dependencies are established based on knowledge of best practices within a particular application area or some unusual aspect of the project where a specific sequence is desired, even though there may be other acceptable sequences 13 Dependency Determination 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  14. 14. External dependencies: • Involve a relationship between project and non-project activities such as activities outside the project team’s control (e.g., dependence on external sources for deliveries, environmental factors, etc. Internal dependencies: • Involves a precedence relationship between project activities and are generally inside the project team’s control e.g. team cannot test a machine until they assemble it 14 Project management team determines all four dependencies during the activity sequencing process Dependency Determination 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  15. 15. Precedence Diagramming Method ( PDM): • A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed • AON (Activity-on-Node) is one method of representing precedence diagram 15 SequenceActivities –T &T G 3 day END H 1 day C 2 day F 1 day E 4 day B 2 day D 3 day A 1 day START 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  16. 16. High Level Design Low Level Design F-S Design of Module 1 Design of Module 2 S-S Onsite Knowledge Transfer Offshore Infrastructure Set- up F-F Testing Lab is available Set-up ofAutomation ToolsS-F 16 PDM-Task dependency - Examples 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  17. 17.  Finish-to-start (FS)- Award ceremony ( successor)cannot start until race ( predecessor) is completed  Finish-to-finish (FF) –Writing a document( predecessor) required to finish before the editing of the document ( successor)finishes  Start-to-start (SS) – Level concrete ( successor) cannot begin until pour foundation ( predecessor) begins  Start-to-finish (SF) –The first security guard shift ( successor) cannot finish until the second security guard shift ( predecessor) starts 17 PDM-Task dependency - Examples 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  18. 18. Leads and Lags are represented to denote the delays or leads between two activities. Lead time :The overlap between tasks that have a dependency Example: if a task can start when predecessor is half finished, we can specify FS relationship with a lead time of 50% for the successor activity. You enter lead time as negative Lag time: The delay between tasks that have a dependency. Example: if you need a two days delay between the finish of one task and the start of another, you can establish an FS relationship and specify two days of lag time. You enter lag time as positive value 18 PDM- Applying Leads and Lags 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  19. 19. During initial stages i.e.Define Activities - 1. Activity Identifier (ID) 2. WBS ID 3. Activity Label orActivity Name Sequence Activities - 4. Activity Codes 5. Activity Description 6. PredecessorActivity(s) 7. SuccessorActivity(s) 8. Logical Relationship 9. Lead and Lag 19 DefineActivity - Output 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  20. 20. The process of estimating the type and quantity of material , human resources, equipment or supplies required to perform each activity 20 6.4 EstimateActivity Resources 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  21. 21. 21 6.4 Estimate Activity Resources-> Data Flow Diagram 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  22. 22. Alternative Analysis • Many schedule activities have alternative ways of accomplishment • Include various levels of resource capability or skills, different type or size of machine, different tools, make or buy decisions Published Estimating data • Several organizations routinely publish updated production rates and unit cost of resources for an extensive array of labor trades , material and equipment for different countries and geographical locations Bottom Up Estimating • Method of estimating project duration or cost by aggregating the estimates of the lower level components ofWBS • When an activity cannot be estimated with confidence, activity is decomposed into more detail 22 EstimateActivity Resources -T &T 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  23. 23. Dashboard Steering Wheel Doors Upholstery Mud Guards 1 2 3 4 5 Final Deliverable Intermediate Deliverables RFP 40 h 1.1.2 Work Package WBS Cd Act Id Activity Description Dependenc y Resources 1.1.2 WP2 Request For Proposal 1.1.2.1 A1 Invite sellers for discussion R1 1.1.2.2 A2 Meeting with sellers A1 R2,R3,R4 1.1.2.3 A3 Send RFP templates to sellers A2 R2 1.1.2.4 A4 Receive RFP from sellers A2,A3 R2 Example : Car Case Study : Activity Resource Requirements 7/20/2017www.Testudaan.com23 BEST PMP EXAM SIMULATOR
  24. 24. Activity Resource Requirements : • Identify the type and quantity required for each activity in a work package • These requirements aggregated to determine the estimated resources for each work package and work period Resource Breakdown Structure (RBS) (Please refer next slide): • RBS is a hierarchical representation of resources by category and type. Resource categories include labor, material, equipment, supplies. Resource type include skill level, grade level etc. 24 EstimateActivity Resources - Outputs 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  25. 25. Example – RBS 25 Project Resources People Project Management Marketing Purchasing Technical Electrical Mechanical Engineers Sr. Engineers Jr. Engineers Designers Building Construction Materials Building Promotion Engineering Fit Out Electrical Items Mechanical Items Piping Systems Sight Glasses Pipe-work Valves Pipe Supports Plants Building Finishes Landscaping Equipment EstimateActivity Resources - Outputs 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  26. 26. During initial stages i.e.Define Activities - 1. Activity Identifier (ID) 2. WBS ID 3. Activity Label orActivity Name Sequence Activities - 4. Activity Codes 5. Activity Description 6. PredecessorActivity(s) 7. SuccessorActivity(s) 8. Logical Relationship 9. Lead and Lag Estimate Activity Resources - 10. ResourceType 11. Quantity of Resources 26 DefineActivity - Output 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  27. 27. The process of estimating the number of work periods needed to complete individual activities with estimated resources 27 6.5 EstimateActivity Durations 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  28. 28. 6.5 EstimateActivity Durations www.Testudaan.com28 BEST PMP EXAM SIMULATOR
  29. 29. Dashboard Steering Wheel Doors Upholstery Mud Guards 1 2 3 4 5 Final Deliverable Intermediate Deliverables RFP 40 h 1.1.2 Work Package WBS Cd Act Id Activity Description Dependenc y Resources Duratio n 1.1.2 WP2 Request For Proposal 40 h 1.1.2.1 A1 Invite sellers for discussion R1 1 h 1.1.2.2 A2 Meeting with sellers A1 R2,R3,R4 30 h 1.1.2.3 A3 Send RFP templates to sellers A2 R2 1 h 1.1.2.4 A4 Receive RFP from sellers A2,A3 R2 8 h Example : Car Case Study : Activity Duration Estimates 7/20/2017www.Testudaan.com29 BEST PMP EXAM SIMULATOR
  30. 30. Analogous Estimating • Based on historical information/information from previous similar projects • Less accurate Parametric Estimating • Parametric estimate uses a algorithm between historical data project parameters • More accurate Three-point estimates • To mitigate the risk on single point estimation, this method is used • For each activity, an optimistic, most likely and pessimistic estimate is created • Based on this an average is created to predict how long the activity should take • The concept originated with program evaluation review technique called PERT 30 EstimateActivity Durations -T &T 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  31. 31. PERT Estimating Technique Act O M P PERT Std. Dev. Variance Range 1 10 20 25 19.167 2.500 6.250 16.667 to 21.667 or 19.167+/-2.500 2 4 6 8 6.000 0.667 0.444 5.333 to 6.667 or 6 +/- 0.667 3 12 13 15 13.167 0.500 0.250 12.667 to 13.667 or 13.167 +/- 0.500 Activity PERT Variance Range Project 38.334 6.944 31.390 to 45.278 Or 38.334 +/- 6.944 PERT Duration: (P+4M+O) 6 Standard Deviation of an Activity (SD) P-O 6 Variance = SD2 • Used where there is uncertainty in the duration of estimates • PERT uses “WeightedAverage” to calculate the project duration • PERT Duration is based onThree Point Estimates viz. Optimistic, Pessimistic and Most Likely • The resulting estimates are stated in a range of plus and minus estimate EstimateActivity Durations -T &T 7/20/2017www.Testudaan.com31 BEST PMP EXAM SIMULATOR
  32. 32. Contingency Reserves : • PM will keep a contingency on the top of the estimates to respond to schedule uncertainty • Contingency reserves are the estimated duration within the schedule baseline which is allocated for unknown amount of rework or known risks that are accepted and for which contingent or mitigation responses are planned • Contingency reserves are associated with “known unknowns” • It may be percentage of the estimated activity duration, no of work periods • Contingency reserves may separated from individual activities and grouped into buffers e.g. CCM 32 Reserve Analysis EstimateActivity Durations -T &T 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  33. 33. Management Reserves : • Management reserves are a special amount of project duration withheld for management control purposes and are reserved for unforeseen work that is within the scope of the project • Management reserves are reserved for “unknown unknowns” • Management reserves are not included in schedule baseline, but it is part of overall project duration requirements 33 Reserve Analysis EstimateActivity Durations -T &T 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  34. 34. Activity duration estimates are quantitative assessments of the likely number of time periods that are required to complete an activity. • This is a quantitative measure usually expressed in hours, weeks, days, or months. • Duration estimates do not include any lags • May include some indication of range of possible results Example : 2 weeks +/-2 days shows activity will take at least 8 days and will not go beyond 12 days OR 15% probability of exceeding 3 weeks shows high probability 85% that the work will take 3 weeks or lesser 34 EstimateActivity Duration - Output 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  35. 35. During initial stages i.e.Define Activities - 1. Activity Identifier (ID) 2. WBS ID 3. Activity Label orActivity Name Sequence Activities - 4. Activity Codes 5. Activity Description 6. PredecessorActivity(s) 7. SuccessorActivity(s) 8. Logical Relationship 9. Lead and Lag Estimate Activity Resources - 10. ResourceType 11. Quantity of Resources Estimate Activity Durations - 12. Activity Durations 13. Imposed Dates 14. Constraints 15. Assumptions 16. Person Responsible for executing the work 17. Geographic area or place where the work has to be performed 18. Project Calendar the activity is assigned to 19. ActivityType (level of effort - discrete effort or apportioned effort) 35 DefineActivity - Output 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  36. 36. Process of analyzing activity sequences , durations, resource requirements and schedule constraints to create the project schedule 36 6.6 Develop Schedule 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  37. 37. 6.6 Develop Schedule www.Testudaan.com37 BEST PMP EXAM SIMULATOR
  38. 38. Schedule Network Analysis • Schedule network analysis is a technique that generates the project schedule model • It employs various analytical techniques, such as critical path method, critical chain method, what- if analysis, and resource optimization techniques to calculate the early and late start and finish dates of activities • Some paths may have points of convergence and some have points of divergence which can be used in schedule compression analysis 38 Develop Schedule -Tools &Techniques 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  39. 39. CPM is a network diagramming technique used to estimate the minimum project duration and determine the amount of scheduling flexibility • It calculates the early start, early finish, late start, late finish for all activities without consideration for any resource limitations by performing forward and backward pass analysis • The critical path is the sequence of activities that represents the longest path through the project which determines the shortest project duration i.e. in earliest completion time 39 Critical Path Method (CPM) 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  40. 40. Name of activity Early start Early finish Duration Late start Late finish Total float EARLY START (ES) The earliest time that an activity can start according to the logical constraints. LATE START (LS) The latest time that an activity can start according to the logical constraints, and without affecting the overall project duration. TOTAL FLOAT The time by which an activity may be delayed without affecting the overall project duration. DURATION The estimated time to undertake the activity EARLY FINISH (EF) The earliest time that an activity can finish according to the logical constraints. LATE FINISH (LF) The latest time that an activity can finish according to the logical constraints, and without affecting the overall project duration. 40 Critical Path Method (CPM)- Diagram conventions 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  41. 41. • Floats are not the same as lead or lag. Lead or lags are introduced (manually) to correct the sequence while float is calculated in CPM • Float for all activities on critical path will be zero value • A forward pass through the network diagram determines the early start and finish dates • A backward pass determines the late start and finish dates ES ES LFLS EF FORWARD PASS BACKWARD PASS 41 Critical Path Method (CPM) 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  42. 42. Forward Pass Analysis • Starting at the beginning (left) of the network develop early start and early finish dates for each task, progressing to end (right-most box) of the network Early Start Date (ES) • Earliest possible point in time an activity can start, based on the network logic and any schedule constraints Early Finish Date (EF) • Earliest possible time the activity can finish 42 Critical Path Method (CPM)- Forward pass 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  43. 43. Path Convergence – Forward (Left to Right / ES and EF): B and E flow forward to C 43 Find Early start of activity F? (Time - days) Critical Path Method (CPM)- Forward pass 3 C 1 B 2 A 6 D 3 E 5 F ENDSTART Early Start(ES) Activity Duration (AD) Early Finish(EF) Activity F Late Start(LS) Float Late Finish(LF) Forward Pass To Establish ES and EF Backward Pass To Establish LS and LF 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  44. 44. Path Convergence – Forward (Left to Right / ES and EF): B and E flow forward to C Forward with more: Choice of Predecessor Early Finish Is between 3 and 9 – 9 is More.Therefore, Early start of successor is 10 44 Find Early start of activity F? (Time - days) Critical Path Method (CPM)- Forward pass 10 3 12 C 3 1 3 B 1 2 2 A 1 6 6 D 7 3 9 E 10 5 14 F ENDSTART Early Start(ES) Activity Duration (AD) Early Finish(EF) Activity F Late Start(LS) Float Late Finish(LF) Forward Pass To Establish ES and EF Backward Pass To Establish LS and LF 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  45. 45. Backward Pass Analysis • Calculate late start and late finish dates by starting at project completion, using finish times and working backwards Late Start Date (LS) • Latest point in time that an activity may begin without delaying that activity's successor Late Finish (LF) • Latest point in time a task may be completed without delaying that activity's successor 45 Critical Path Method (CPM)- Backward pass 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  46. 46. Path Convergence – Backward (Right to Left / LS and LF): C and F flow backward to E Backward with less: Choice of Successor Late start Is between 10 and 12 – 10 is Less.Therefore, Late finish of Predecessor is 9 46 Find Early start of activity F? (Time - days) Critical Path Method (CPM)- Backward pass 10 3 12 12 C 14 3 1 3 11 B 11 1 2 2 9 A 10 1 6 6 1 D 6 7 3 9 7 E 9 10 5 14 10 F 14 ENDSTART Early Start(ES) Activity Duration (AD) Early Finish(EF) Activity F Late Start(LS) Float Late Finish(LF) Forward Pass To Establish ES and EF Backward Pass To Establish LS and LF 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  47. 47. • Schedule flexibility is measured by 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 any schedule constraint is called “Total float” • A critical path for a project has normally zero total float on it • Schedule networks may have multiple near critical paths • There can be more than one critical path if the lengths of two or more paths are the same • Free float is the amount of time an activity can be delayed without delaying the early start date of any succeeding activity or violating any schedule constraint • Float is also called slack • Critical path changes while tracking, scope of work changes, as the project progress 47 Critical Path Method (CPM) 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  48. 48. 48 Critical Path Method (CPM)- Float 10 3 12 C 12 2 14 3 1 3 B 11 8 11 1 2 2 A 9 8 10 1 6 6 D 1 0 6 7 3 9 E 7 0 9 10 5 14 F 10 0 14 ENDSTART Early Start(ES) Activity Duration (AD) Early Finish(EF) Activity F Late Start(LS) Float Late Finish(LF) Forward Pass To Establish ES and EF Backward Pass To Establish LS and LF Float is calculated as LF less EF or LS less ES Critical Path is Start-D-E-F-Finish 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  49. 49. • Critical chain method is a schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties • It is developed from critical path method and it introduces the concept of buffers and buffer management • It adds duration buffers that are non work schedule activities to manage uncertainty • Buffer placed at the end of the critical chain , protects the target finish date from slippage along the critical chain called project buffer • Feeding buffers are placed at each point where a chain of dependent activities that are not on the critical chain feeds into the critical chain, it prevents slippage along feeding chains • A resource constrained critical path is called a critical chain 49 Critical Path Method (CPM)- Float 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  50. 50. start A B Feeding buffer G Feeding buffer C D E F Project buffer Finish 50 Critical Chain Method - Example 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  51. 51. Crashing (Trade-off between Cost and Schedule) • This approach adds more resources to activities on the critical path to complete the project earlier. Crashing almost always result in increased cost. Many options are considered and the option with maximum compression with minimum cost impact is selected FastTracking (Trade-off betweenTime and Quality) • Critical activities that would normally be done in sequence are allowed to be done in parallel or with some overlap. Fast track may result in rework and increases risk. Communication requirements increases during fast tracking 51 Schedule CompressionTechniques 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  52. 52. Compression techniques Crashing Fast tracking How ? Adding resources More parallel/concurrent paths increasing work hours Disadvantages Higher cost Higher Risks when ? If the cost savings on a delay penalty > the incremental cost of reducing the project duration, then the crashing is justified. when you can cut time from the schedule without sacrificing scope or quality and often at no additional cost 52 Schedule CompressionTechniques 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  53. 53. Resource Leveling: • Technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with the available supply • It can be used when (a) the shared or critically required resources are only available at certain times or (b) in limited quantities or (c) over allocated such when a resource has been assigned to two or more activities during the same time period or (d) to keep resource usage at a constant level • Resource leveling can cause the critical path to change usually to increase Resource Smoothing: • Technique that adjusts the activities of a schedule model such that the requirements of resources on the project do not exceed certain predefined resource limits • Critical path is not changed and the completion date may not be delayed 53 Resource OptimizationTechniques 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  54. 54. 54 Denotes the Milestone/s on Project Network Schedule Red Color tasks are‘Critical tasks’ Develop Schedule- Gantt Chart 7/20/2017www.Testudaan.com BEST PMP EXAM SIMULATOR
  55. 55. Questions: 7/20/2017www.Testudaan.com55 Question 1- ________________ is the amount of time whereby a successor activity will be delayed with respect to a predecessor activity. 1.Waiting time 2. Lead time 3. Lag time 4. Delay Question 2-Dan is working as a project manager in Pizer Pharma. He is currently estimating activity resources.Which of the following is least useful tool used while estimating activity resource? 1. Bottom up estimating 2.Alternative analysis 3.Analogous estimating 4. Estimating data Question 3-As a project manager, you are in the process of computing the network duration for the project.After all logic is completed and all time estimates are included in the schedule, you need to perform forward and backward pass computation. These two functions result typically in:- 1. Generating the float (slack) on each activity and identifying the critical path. 2. Compressing any activities that exceed a specified duration. 3. Separating the critical path from the non-critical path activities in the network. 4. Generating new logic for the schedule if it exceeds the desired time duration BEST PMP EXAM SIMULATOR
  56. 56. Questions: 7/20/2017www.Testudaan.com56 Question 4-Sandy's project has seven activities:A, B, C, D, E, F, and G.ActivitiesA, B, and D can start anytime.A takes three weeks, B takes five weeks, and D takes 11 weeks.A and B must be completed before C can start. C requires six weeks to complete. B, C, and D must be completed before E can start. E requires two weeks. F takes four weeks and can start as soon as C is completed. E must be completed before G starts. G requires three weeks. F and G must be completed for the project to be completed.What would be the float for activity A ? 1.Zero 2.3 3.2 4.1 Question 5-You're counting on the delivery from your vendor to arrive on Nov 30th and you are confident of the delivery of the deliverable as you have worked with the vendor several times before.This is an example of a/an Answers : 1.Assumption 2.Objective 3.Requirement 4.Constraint Question 6-While estimating duration, John, a team member in Jack's project tells him that his work is too complex to provide him with a fixed single estimate for the activity.Therefore, they both agree to use man hours per implementation from a similar project executed in the past.Which technique they have used? Answers : 1.Three-point Estimating 2.Parametric Estimating 3.Analogous Estimating 4.Monte CarloAnalysis BEST PMP EXAM SIMULATOR
  57. 57. Questions: Answers 7/20/2017www.Testudaan.com57 Question 1 Correct Answer is 3 Explanation:A lag is the amount of time whereby a successor activity will be delayed with respect to a predecessor activity. Question 2-Correct Answer is 3 Analogous estimating is a tool used to estimate activity duration. Question 3-Correct Answer is 1 When we generate the float (slack) on each activity and identify the critical path, we do it using the forward and backward pass. Question 4-Correct Answer is 4 Upon drawing the network diagram, we have following paths:ACF=13 weeks ;ACEG=14;BCF=15;BCEG=16;BEG=10;DEG=16, therefore BCEG and DEG, both are critical paths.A is in two paths. Longest of these isACEG, which has a duration of 14. On subtracting the path duration from critical path, the Float forA comes to 2. Question 5-Correct Answer: Option 1 Explanation: Correct Option is A.This is an example of an assumption.You've used this vendor before and you did not face any problems.You're assuming that there will be no problems with this delivery based on your past experience. BEST PMP EXAM SIMULATOR
  58. 58. 7/20/2017www.Testudaan.com58 Thank you Saraca Solutions Pvt. Ltd. BEST PMP EXAM SIMULATOR

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