Which of the following activity is included in the project time management?

What is Project Time Management?

Project Time Management includes all the activities necessary to complete the project in a timely fashion. Project time management includes the following:

• Plan Schedule Management. Goal: Schedule Management Plan
• Define activities. Goal: activity list
• Sequence activities. Goal: project schedule network diagrams
• Estimate activity resources. Goal: activity resource requirements
• Estimate activity duration. Goal: activity duration estimates
• Develop schedule. Goal: schedule baseline
• Control schedule. Goal: schedule forecasts

Project Time Management

Plan Schedule Management

• Scheduling methodology and tool
• Level of accuracy - used to determine control thresholds at which action can be taken
• Units of measure - defined for each resource which can include people, facilities, equipment, etc.
• Organizational procedure links that tie back to the WBS
• Project schedule model maintenance - used to update status and record progress of the project
• Control thresholds - the specific limits at which corrective actions may need to be taken. This can be ascertained in the form of a variance analysis

• Rules for establishing percent complete
• Control account levels
• Earned value measurement techniques
• Schedule performance measurements including schedule variance (SV) and the schedule performance index (SPI)
• Reporting formats - formats and frequency of reports
• Process descriptions

Critical Chain Method

• To start the task as soon as input is received
• to work on the task 100% - no multi-tasking
• Pass on the task output as soon as it is completed

PMP Certification Exam - Project Time Management - Memory Check

• ___Plan schedule management
• ___Define activities
• ___Sequence activities
• ___Estimate activity resources
• ___Estimate activity durations
• ___Develop schedule
• ___Control schedule

Question 1: Management from the customer side wants to bring in a project one month earlier than they had originally planned. Based on the current project timeline, product testing will have to be cut short. You have reviewed several options with the customer; they have decided that crashing the schedule would be the best approach to bringing in the project earlier. As a result of customer’s decision, what is your biggest concern using this approach?

a. Additional expense
b. Availability of additional resources to perform testing in a shorter time frame
c. Customer buy-in
d. Developing an adequate reward system to address the overtime that will be needed to bring in this project one month early

Question 2: The blueprints for the new construction projects have been completed and construction is ready to begin. While the organization was thinking about erecting a modular structure, they decided on a more traditional approach. The foundation will be poured and cured before the framing begins. This is an example of:

a. Discretionary dependency
b. Mandatory dependency
c. External dependency
d. Internal dependency

Question 3: Your project is experiencing resource constraints at certain times in the project timeline, requiring you to adjust start and finish dates on the schedule. What tool is best to use in this situation?

a. Resource leveling
b. Feeding buffer
c. Critical Path method
d. Resource smoothing

Answer: B – Since the customer has decided that crashing is an option, answer ‘A’ has already been taken into consideration as well as answer ‘C’. Answer ‘D’ is a complete unknown at this point. Of the four answers, the biggest concern is whether the testing resources are actually available to do the job.

Answer: B - This is a clear example of a mandatory dependency; The foundation must set before you can start erecting the walls of the structure.

Answer: A – Resource leveling is the tool that is used in this situation.