The term triple constraint as applied to project management

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1. What are the 4 activity dependency types that can be used in a project schedule? Provide a “real world” example of each.

2. A project activity has an effort estimate of 175 person-hours. The estimate was developed with an assumption of an 85% productivity factor. How many FTE workers at 75% productivity would be required to complete the same activity in 5 days? Please show your work.

3. Every quarter, a team of accountants at a Fortune 500 company need to gather information from various departments and develop tax forms and reports for both internal and external stakeholder groups.Given the PMBOK definition, are these quarterly efforts projects? Why or why not.

4. What is meant by the term “triple constraint” as applied to project management? What are examples of metrics that could be used to measure performance for each of these three classic project constraints? Give two additional metrics that go beyond the triple constraint that could be used to measure success of project outcomes. What aspect of success do each measure?

5. A project activity involves digging a large number of post holes deep into the ground. When you ask the team that will be responsible for completing this activity to develop an effort estimate for the project schedule, they respond that the effort is driven significantly by the specific soil conditions.

From history, they tell you that about 20% of the holes will take 20 hours each, 70% of the holes 40 hours and 10% of the holes 100 hours each.

What is your effort estimate for the activity and why?

6. You are the project manager for a construction project to repave a 3 mile section of highway. The project is planned to coincide with the winter months where the area typically has lots of rain and colder weather making work slow and generally inefficient.

In some years, this area gets unusually good and mild weather where the work would proceed more quickly and without the typical winter delays.

Is the possibility of “good” weather a risk to the project? Why or why not? What, if anything should you do about this possibility?

7. Project scheduling software tools such as Microsoft Project or Prima Vera (Oracle) are commonly used to store project decisions, capture actual data, show progress and easily update the schedule with approved changes.

Before beginning to input data into Microsoft Project to create a Project Schedule ( Gantt Chart), what project planning tools/techniques should already be completed to facilitate data entry into the tool?

Reference no: EM131791305

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