Special Offers on Trainings

This blog has a tie up with Many top online training providers who are offering great deals for readers of this blog. The certifications covered include PMP, PMI RMP, PMI ACP, CAPM, Scrum Master Certification etc.

Click here to check them out.

Thursday, June 2, 2011

Important Terms and Definitions - Project Schedule & Communication Management

Let us now take a look at some of the important terms and definitions we learnt as part of the preceding chapters.

activity - A component of project work.
activity definition - The process of identifying the specific schedule activities that need to be performed to produce the project deliverables.
activity duration - The time measured in calendar units between the start and finish of a schedule activity.
activity duration estimating - The process of estimating the time in work periods individually for each schedule activity required for its completion. A work period is a measurement of time when the work is in progress; it is measured in hours, days, or months depending upon the size of the activity.
activity resource estimating - The process of estimating the types and amounts of resources that will be required to perform each schedule activity.
activity sequencing - The process of identifying and documenting the dependencies among schedule activities.
analogous estimating - A technique used to estimate the duration of an activity based on the duration of a similar activity in a previous project.
communication management plan - A document that describes the communications needs and expectations of the project and how these needs and expectations will be met.
crashing - A project schedule compression technique used to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources.
critical path - The longest path (sequence of activities) in a project schedule network diagram. Because it is the longest path, it determines the duration of the project.
critical path method (CPM) - A schedule network analysis technique used to identify the schedule flexibility and the critical path of the project schedule network diagram.
decode - To convert the received message from the media back into useful ideas and thoughts.
encode - To convert thoughts and idea into a message that could be transmitted through the media.
fast tracking - A project schedule compression technique used to decrease the project duration by performing project phases or some schedule activities within a phase simultaneously, when they would normally be performed in sequence.
float time - The positive difference between the late start date and the early start date of a schedule activity.
lag - A technique to modify a dependency relationship by delaying the successor activity. For example, a lag of five days in a finish-to-start relationship means the successor activity cannot start until five days after the predecessor activity has ended.
lead - A technique to modify a dependency relationship by accelerating the successor activity. For example, a lead of five days in a finish-to-start relationship means the successor activity can start up until five days before the finish date of the predecessor activity.
logical relationship - A dependency between two project schedule activities or between a schedule activity and a schedule milestone.
milestone - A significant point (or event) in the life of a project.
parametric estimating - A quantitative technique used to calculate the activity duration when the productivity rate of the resource performing the activity is available.
planning component - A WBS component at the bottom level of a branch of the WBS hierarchy for which some planning can be performed.
precedence diagramming method (PDM) - A technique used to construct a project schedule network diagram in which a node (a box) represents an activity and an arrow represents the dependency relationship.
project calendar - A calendar of working days or shifts used to establish when a schedule activity can be performed. A calendar typically specifies holidays and weekends when a schedule activity cannot be performed.
project schedule - A schedule that consists of planned dates for performing schedule activities and meeting schedule milestones.
project schedule network diagram - A schematic display of logical relationships among the project schedule activities. The time flow in these diagrams is from left to right.
resource breakdown structure (RBS) - A hierarchical structure of resource types required to complete the schedule activities of a project.
role - A defined function that contains a set of responsibilities to be performed by a team member, such as a programmer or a tester.
rolling wave planning - A technique used to plan the project work at various levels of detail, depending upon the availability of information. Work to be performed in the near future is planned at a low level of the WBS, whereas work to be performed far into the future is planned at a relatively high level of the WBS.
schedule activity - A scheduled task (component of work) performed during the life-cycle of a project.
schedule baseline - A specific version of the project schedule that is approved by the project management team as a baseline against which the progress of the project will be measured. This version of the schedule is developed from the schedule network analysis of the schedule model data.
schedule development - The process of creating the project schedule by analyzing schedule activity sequences, schedule activity durations, resource requirements, and schedule constraints.
schedule milestone - A significant event in the project schedule, such as the completion of a major deliverable.
schedule network analysis - A technique used to generate a project schedule by identifying the early and late start and finish dates for the project.

Prev: Summary

Next: Introduction to Project Resource Management

No comments:

Post a Comment

Sample PMP Exam Q & A

If you are preparing for the PMP Exam and want to get your hands on hundreds of sample questions, reach me at anandvijayakumar007@gmail.com to find out more...

Google+ Badge

© 2013 by www.getpmpcertified.blogspot.com. All rights reserved. No part of this blog or its contents may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of the Author.