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What else can I help you with?
How does earned value give a clearer picture of project schedule?
SPI > 1: Project Ahead of schedule SPI = 1: Project on Schedule SPI < 1: Project behind Schedule
What is a level 4 project schedule?
level-4 schedule is deliverable level schedule
What is project performance monitoring?
Project performance is measured by comparing the project execution to the performance measurement baseline, which is an approved integrated plan for scope, schedule, and cost for the project, as explained here:• Cost baseline - This is the planned budget for the project over a time period, used as a basis against which to measure, monitor, and control the cost performance of the project. The cost performance is measured by comparing the actual cost to the planned cost over a time period.• Schedule baseline - This is a specific version of the project schedule developed from the schedule network analysis and the schedule model data. This is the approved version of the schedule with a start date and an end date, and it is used as a basis against which the project schedule performance is measured.• Scope baseline - This is the approved project scope that includes the approved project scope statement, the WBS based on the approved project scope statement, and the corresponding WBS dictionary.
Schedule issues often cause the most conflicts on projects?
You're right, most of the project conflicts revolve around the project schedule. This is a lengthy topic (as the reasons of the link between the schedule and project conflicts are not that obvious), and I suggest you take a look at the related link.
You can create a detailed project schedule only after?
wbs
How does earned value give a clearer picture of project schedule?
SPI > 1: Project Ahead of schedule SPI = 1: Project on Schedule SPI < 1: Project behind Schedule
Who updates the schedule during a project?
The Project Manager
What is a level 4 project schedule?
level-4 schedule is deliverable level schedule
What kind of information can you learn about a project by reviewing the Project Schedule and all the information used to generate that schedule?
Reviewing the Project Schedule and its supporting information can provide insights into project timeline, key milestones, resource allocation, task dependencies, critical path, and potential risks and constraints. It helps in understanding the sequencing of project activities, the duration of each task, project progress tracking, and overall project management approach.
What does SPI mean?
SPI, in Project Management Terms, is short for Schedule Performance Index. It's an indicator on whether the Project is on Schedule (SPI = 1), Ahead of Schedule (SPI > 1), or behind Schedule (SPI < 1).
How does earned value give a clearer picture of project schedule and cost status than a simple plan vs actual system?
If the cost performance index (CPI) > 1 then the project is on schedule or ahead of schedule, otherwise, it's behind schedule. If the schedule performance index (SPI) >1 then the project is on or ahead of schedule, otherwise it's behind schedule. Note: This is a duplicate question, but I've answered it twice.
What is project monitoring?
Project performance is measured by comparing the project execution to the performance measurement baseline, which is an approved integrated plan for scope, schedule, and cost for the project, as explained here:• Cost baseline - This is the planned budget for the project over a time period, used as a basis against which to measure, monitor, and control the cost performance of the project. The cost performance is measured by comparing the actual cost to the planned cost over a time period.• Schedule baseline - This is a specific version of the project schedule developed from the schedule network analysis and the schedule model data. This is the approved version of the schedule with a start date and an end date, and it is used as a basis against which the project schedule performance is measured.• Scope baseline - This is the approved project scope that includes the approved project scope statement, the WBS based on the approved project scope statement, and the corresponding WBS dictionary.
What is project performance monitoring?
Project performance is measured by comparing the project execution to the performance measurement baseline, which is an approved integrated plan for scope, schedule, and cost for the project, as explained here:• Cost baseline - This is the planned budget for the project over a time period, used as a basis against which to measure, monitor, and control the cost performance of the project. The cost performance is measured by comparing the actual cost to the planned cost over a time period.• Schedule baseline - This is a specific version of the project schedule developed from the schedule network analysis and the schedule model data. This is the approved version of the schedule with a start date and an end date, and it is used as a basis against which the project schedule performance is measured.• Scope baseline - This is the approved project scope that includes the approved project scope statement, the WBS based on the approved project scope statement, and the corresponding WBS dictionary.
Schedule issues often cause the most conflicts on projects?
You're right, most of the project conflicts revolve around the project schedule. This is a lengthy topic (as the reasons of the link between the schedule and project conflicts are not that obvious), and I suggest you take a look at the related link.
You can create a detailed project schedule only after?
wbs
What are two techniques that can be used to compress the Project Schedule?
Crashing - This is a project schedule compression technique in which cost and schedule tradeoffs are analyzed to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources. Approving overtime pay for project resources is another example of crashing.Fast tracking - This is a project schedule compression technique used to decrease the project duration by performing project phases or some schedule activities within a phase in parallel that would normally be performed in sequence. For example, testing of a product can start when some of its components are finished, rather than waiting for the whole product to be completed.
How is a project schedule developed and controlled?
What is a Project Schedule?A project consists of two main components: the project work that needs to be performed and the schedule to perform that work.The overall project work is broken down into smaller, manageable components in the WBS. These components are called work packages. A project schedule contains not only the activities to be performed, but also the order or sequence in which the activities will be performed and a start and a finish date. The sequencing of activities is constrained by the dependencies among the various activities.A realistic project schedule can be created from the bottom up by identifying the activities, estimating the resources for the activities, and determining the time that each activity will take with the given resources available. The resources required to complete the activities include human resources. Before, during, and after schedule development, you will need to communicate effectively.The Project SchedulePlanning the project schedule is all about time management. To complete a project, you need to perform some activities to produce the project deliverables. To make that happen, you need to assign resources to the activities and schedule them. But before all this can happen, you need to identify the activities. Although all this sounds like common sense, it makes sense to define the following terms so we are all on the same page.• Activity - A component of project work.• Activity duration - The time measured in calendar units between the start and finish of a schedule activity. (Usually Man Hours or Man Days)• Schedule activity - A scheduled component of work performed during the lifecycle of a project.• Logical relationship - A dependency between two project schedule activities or between a schedule activity and a schedule milestone.• Schedule milestone - A milestone is a significant point in the life of a project, and a schedule milestone is a milestone on the project schedule. A milestone refers to the completion of an activity, marking possibly the completion of a set of activities, and therefore has zero duration. The completion of a major deliverable is an example of a milestone.Project time management includes the processes required to complete the project in a timely manner.
