Define predecessor, successor, and parallel activities. Give a real world example of each. – (10 Points)
In the context of critical chain project management, what is resource contention? (5 Points)
Define the following and give a real world example of each (other than the ones described in the text book): Finish-to-Start; Start-to-Start; Finish-to-Finish; Start-to-Finish. (10 Points)
Assume the following activities for a project along with their estimated durations and predecessors. Describe how critical path analysis would be applied to this project, and calculate the critical path. Define the concepts: slack/float, expedite/crash, and fast tracking and explain what their implications are for this project? (20 Points)
- Draw AON diagram
- Calculate Possible Activity paths
- Identify critical path
|
Activity |
Estimated Duration in Days |
Predecessor |
|
A |
2 |
None |
|
B |
4 |
A |
|
C |
3 |
A |
|
D |
1 |
C,B |
|
E |
1 |
C,D |
|
F |
3 |
D,E |
|
G |
2 |
F |
What are the seven IT project risk management processes? (5 Points)
What is a risk response plan? What should be included? (5 Points)
Compare the three types of project risk: known, known-unknown, and unknown-unknown. Give an example (not discussed in the text book) of each. (10 Points)Describe the qualities of a good project metric. (5 Points)
- What are the key differences (4-5) between the Agile Project Management approach and Waterfall (Traditional Project Management) (10 Points)
