Project Time Management Exercise - Firebrand Learn

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Firebrand Learn Project Time Management Exercise
PMP
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1. Produce a network diagram using the data below, identify the


critical path and record the project duration.

Task Duration Predecessor

A 5 Start

B 8 A

C 3 B

D 4 A

E 5 C

F 7 C

G 6 D,E

H 8 F

I 6 G

J 5 H,I

What is the duration of the project using this diagram?

Show your network diagram here:

2. The table below provides a set of meanings or definitions in column


2, for the terms stated in column 1. Match up the meaning (col. 2) with
it’s term (col. 1) and insert your answer from the first column, into the
space provided in the third column.

Term Meaning Answer


(number)

1. Critical Chain A. The reduction of the overall project


duration by using lead time and
buffers to overlap activities related
through predecessor type
relationships

2. Critical Path B. The addition of time to delay the


start of an activity

3. Critical C. The adjustment of resource


Activity allocation to ensure no resource is
over allocated on any day

4. Fast Tracking D. Taking a progressive view of the


Schedule plan, by revisiting it and adjusting it
Compression with greater detail when that detail
makes itself known

5. Total Float E. A network analysis method which


produces a schedule with reduced
activity durations and feeder buffers
for critical paths and feeder chains,
has a duration 75% of the original
and has greater risk

6. Lag F. The development of a project


estimate on the basis of the historical
information from past projects similar
to the current project

7. Lead G. The longest path through the


project taking the shortest possible
time

8. Resource H. The period of time which a task


Levelling has available for flexibility in its start
or finish.

9. Rolling Wave I. Bringing the start date of an activity


Planning forward so that it starts earlier than
originally intended.

10. Analogous J. An activity on the critical path


Estimating which has to start and finish on the
days stated and for which a delay
would impact on the project deadline

3. Match the outputs defined in column 2, with the process named in


column 1, inserting your answer in the space provided in column 3.

Process Output Answer


(number)

1. Define A. Activity Resource Requirements/


Activities Resource Breakdown Structure/
Project document updates

2. Sequence B. Work Performance Information/


Activities Schedule forecasts / Change
Requests / Updates to the PM Plan,
project documents and
Organizational Process Assets

3. Estimate C. Project Schedule / Schedule


Activity baseline / Schedule Data / Project
Resources Calendars / Updates to the PM Plan
and Project Document

4. Estimate D. Activity List / Milestone List /


Activity Activity Attributes
Durations

5. Develop E. Schedule Network Diagrams /


Schedule Project document updates

6. Control F. Activity Duration Estimates /


Schedule Project document updates

4. Match the values defined in column 2, with the sigma level named
in column 1, inserting your answer in the space provided in column 3.
Note – these are also called the standard deviation values for a normal
distribution.

Sigma level Value Answer


(number)

1 99.73%

2 99.9999998%

3 95.46%

6 68.26%

Check your answers

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