Reference no: EM132802399
BSBPMG512 Manage project time - Australian Vocational Training Institute
ASSESSMENT 1: WRITTEN QUESTIONS
Question 1. Explain each of the following estimating techniques, and how each can be used to determine task duration and resource effort.
• Analogous Estimating
• Parametric Model Estimating
• 3 Point Estimating
• Expert Judgment Estimating
• Vendor Bid Analysis
• Reserve Analysis
• Bottom-Up Analysis
Question 2. Describe what the critical path of a project is, and explain the steps used to identify it using the Critical Path Method.
Question 3. Explain what a project baseline is.
Question 4. Explain the procedure for establishing project baselines
Question 5. Explain how to manage adjustments to a project baseline due to a major change to scope or cost.
Question 6. Explain how project variance is most effectively managed.
Question 7. Summarise the project life cycle phases and describe each phase.
Question 8. Summarise the following key tools for project scheduling
• Schedule Network Analysis
• Critical Path Analysis
• Schedule Compression
Question 9. Explain three best-practice time management methodologies. For each, summarise their capabilities, limitations, applications and outcomes
Question 10. Explain how a work breakdown structure is used to create project schedules.