Project Time Management

Lab 7 - Chapter 8: Project Time Management Name: Chapter 8, Section 1 Exercises 1. A _________ schedule identifies major types of activities and approximate start and end dates for use in decision making about the scope of the project. 2. A schedule of activities that is prepared every two weeks is the _______ schedule. 3. How does a conceptual schedule differ from a master schedule? Chapter 8, Section 2 Exercises 1. What is work breakdown structure? 2. If two activities are concurrent and they have the same completion date, they have a _______-_______ relationship. 3. A calendar that shows when a person, facility, or key piece of equipment is available is a __________ calendar. 4. What is the advantage of a network diagram over a bar chart for illustrating the critical path? Chapter 8, Section 3 Exercises 1. The path through the network diagram that has the longest total duration is the __________ path. 2. The difference between the sum of the activity durations along the critical path and the project completion date is the project _______. 3. If two sequential activities overlap and the successor activity can begin three days before the predecessor begins, those three days are called _________ time. 4. If the last activity in the critical path has a completion date that is five days later than the project completion date, the project has a _______ _________ (two words) of five days. 5. What is the difference between free float and project float? 6. If an activity has a duration of three days, how do you calculate the finish date in a way that considers availability of the resources for that activity? 7. What would be an example of lag time between two activities? Chapter 8, Section 4 Exercises 1. Accelerating the project schedule is also known as ________ the project. 2. Extra amounts of time and money that are built into the schedule to buffer against delays and extra costs are called...