Search results
Results from the WOW.Com Content Network
activity name; WBS reference; Slack/Float: Determines the duration of activity delay that the project can tolerate before the project comes in late. The difference between the earliest and the latest start time. [1]: 502 [2]: 183 i.e. Slack = latest start date - earliest start day or Slack = latest finish time - earliest finish time.
The WBS Dictionary describes each component of the WBS with milestones, deliverables, activities, scope, and sometimes dates, resources, costs, quality. According to the Project Management Institute , the WBS dictionary is defined as a "document that provides detailed deliverable, activity, and scheduling information about each component in the ...
While its origins are unclear, it has been used since at least the 1950s. [1] It contends that: The quality of work is constrained by the project's budget, deadlines and scope (features). The project manager can trade between constraints. Changes in one constraint necessitate changes in others to compensate or quality will suffer.
Resources and cost are typically inserted into the activities in a WBS, and summed to create a budget both for summary levels (often called "work packages") and for the whole project or program. Similarly, a value breakdown structure will provide the expected value-added of each activity and/or component of the project (or projects within a ...
In a project network, a dependency is a link among a project's terminal elements. [citation needed]The A Guide to the Project Management Body of Knowledge (PMBOK Guide) does not define the term dependency, but refers for this term to a logical relationship, which in turn is defined as dependency between two activities, or between an activity and a milestone.
The same is true for x and y. Therefore, the number of items in T is at least (m-1)+2*(n-m+1) = 2n-m+1 - contradiction. We can assume, without loss of generality, that all inputs are either smaller than 1/3, or at least 1. Proof: Suppose some input x is in (1/3,1). We replace x with 1. This obviously does not decrease the optimal min-sum.
The project schedule is a calendar that links the tasks to be done with the resources that will do them. It is the core of the project plan used to show the organization how the work will be done, commit people to the project, determine resource needs, and used as a kind of checklist to make sure that every task necessary is performed.
In this process, a project manager selects a moderator and an estimation team with three to seven members. The Delphi process consists of two meetings run by the moderator. The first meeting is the kickoff meeting, during which the estimation team creates a work breakdown structure (WBS) and discusses assumptions. After the meeting, each team ...