PERT (Project Evaluation & Review Technique)
CPM (Critical Path Method)
AOA Activity on Arc
AON Activity on Node
a = optimistic time
m = most likely time
b = pessimistic time
ES = earliest start time
EF = earliest finish time
LS = la
Briefly describe what is required for effective and successful project risk
Risk management is all about anticipation and planning in order to do this you must
fully integrate the plan into your project and have buy-in and ow
Describe the steps necessary for estimating the cost of a particular activity or task that has
an estimated duration.
The five steps that you need to address in order to have successful cost estimation are:
What I have seen that tends to be specific to IT projects, but not limited only to IT is:
1. Finding the right skill set. I have found that when I need someone to fill a role, it is almost
impossible to find someone with a perfect skillset. there is a
When did the EDP era begin?
The EDP (Electronic Data Processing) began in the early 1960s. Large Firms began
purchasing Mainframes and minicomputers.
When did the Micro era begin?
The Micro era began in the early 1980's.
What are the 5 main processes in project scope management?
1. Collecting Requirements
2. Defining Scope
3. Creating the WBS
4. Verifying Scope
5. Controlling Scope
Collection of requirements is the starting point. This is where you interview the
What qualities are required for a good project manager?
The ability to communicate with people
The ability to deal with people
The ability to create and sustain relationships
The ability to organize
Communication with people is important because you have
Describe project integration management and its relationship to the other Project
Management Body of Knowledge areas.
It looks as if Project Integration Management and the PMBOK are intertwined. Project
Integration Management is concerned with processes t
Describe the Project Life Cycle
The Project Life Cycle (PLC) are steps of activities that you need to follow to complete a
project. This process can be used to help structure your steps in an orderly way to
obtain your project objectives. Deliverables are
b. project = tC + tD + tE + tF + tH = 23
d. P(T < 20)
Calculator: normalcdf(-E99, 20, 23, 2) = .0668
P(T < 20) = 6.68%
e. P = 75% z-score= .6745
z = (T )/
.6745 = (T 23)/2
T = 24.35
It will take 25 days to complete the project.
SPC: statistical process control
n = sample size
N = population/lot size
c = acceptance number
p = percent defective
q = percent non-defective (1-p)
k = number of defective items
P(x) = probability of x defectives
P(A) = P(x< c) = probabil
Maximax: compare maxima from decision alternatives and choose which is the
maximum of the maxima
Maximin: compare minima from decision alternatives and choose which is the
maximum of the minima
Question: What is the purpose of a project communications plan? What kinds of
things should this plan address?
The purpose of a communication plan is to layout and define how communication will be
handled effectively and efficiently by s