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Why is it critical to the success of the project to understand the critical path? Can there be more than one critical path in a given project schedule? How would you monitor and control your project schedule? Why is it important to know the ES, LS, EF, and LF of a given project? How would you use this data while planning, or even monitoring your project? In MS Project, how do you identify the critical path?
What are some of the ways that a project manager can use budgeting plans to track and compare actual data on project progress?
Questionaire on Project Management
When managing project trade-offs it is important to understand the root cause of the conflict and why the need for trade-offs exists.
Draw the network. What is the critical path?
Develop a list of "Key Success Indicators" that could and should have been measured on completion. Rank them in order of priority for this project.
George would like to determine ES, EF, LS, LF, and slack for each activity.
Assuming a risk-free interest rate of 5%, which of the following statements about the project is FALSE? The net present value of the project is positive.
Which communication techniques will you rely on to resolve potential disputes between these two directors?
What do you understand by the term Scheduling? Explain how the following ways for duration compression of a project can be achieved- Fast tracking Crashing
Explain why each of these factors is the driving force behind economic success.
What are the project communication methods
What additional costs must be taken into account when making a short-term pricing decision where surplus capacity is not available, and overtime, additional shifts, or other means must be used to expand capacity?
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