OMIS 690 Exam 2 || with 100% Error-free Solutions.
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Course
OMIS 690
Institution
OMIS 690
Work Breakdown Structure correct answers Provides a hierarchical structure that outlines the activities or work that needs to be done in order to complete the project scope.
Work Breakdown Structure correct answers provides a bridge or link between the project's scope and the detailed project pl...
OMIS 690 Exam 2 || with 100% Error-free Solutions.
Work Breakdown Structure correct answers Provides a hierarchical structure that outlines the activities or work that needs to be done in order to complete the project scope.
Work Breakdown Structure correct answers provides a bridge or link between the project's scope
and the detailed project plan that will be entered into a project management software package.
Milestones correct answers significant event or achievement that provides evidence that that deliverable has been completed or that a phase is formally over.
Deliverables correct answers can include such things as presentations or reports, plans, prototypes, and the final application system.
Guestimating correct answers Estimation by guessing or just picking numbers out of the air is not the best way to derive a project's schedule and budget.
Delphi Technique correct answers Involves multiple experts who arrive at a consensus on a particular subject or issue.
Time Boxing correct answers A technique whereby a box of time is allocated for a specific activity or task. This allocation is based more on a requirement than just on guesswork.
Top-Down Estimating correct answers Involves estimating the schedule and/or cost of the entire project in terms of how long it should take or how much it should cost.
Top-Down Estimating correct answers Top & middle managers determine overall project schedule and/or cost. Lower level managers are expected to breakdown schedule/budget estimated into specific activities (WBS)
Bottom-Up Estimating correct answers involves dividing the project into smaller modules and then directly estimating the time and effort in terms of person-hours, person-weeks, or person-
months for each module.
Bottom-Up Estimating correct answers Schedules and budgets are constructed from WBS. Starts with people who will be doing the work. Schedules and budgets are the aggregate of detailed activities and costs.
Analogous Estimating correct answers developing estimates based upon one's opinion that there is a significant similarity between the current project and others.
Function Points correct answers synthetic measures that take into account the functionality and complexity of software. Heuristics correct answers Rules of thumb that are applied to estimating a software project. This approach may include assigning a specific percentage of the project schedule to specific activities or using other metrics such as function points.
Gnatt Charts correct answers visual representation that compares a project's planned activities with actual progress over time.
Project Network Diagrams correct answers Include several useful tools for planning, scheduling, and monitoring the project's progress. Uses the WBS as a basis to provide a visual representation
of the workflow of activities and tasks. Provides valuable information about the logical sequence
and dependencies among the various activities or tasks.
Activity on the Node (AON) correct answers A project network diagramming tool that graphically represents all of the project activities and tasks, as well as their logical sequence and dependencies.
Predecessor correct answers activities that must be completed before another activity can be started.
Successor correct answers activities that must follow a particular activity in some type of sequence.
Parallel correct answers Activities that may be thought of as an opportunity to shorten the project
schedule; however, they also can be a trade-off since doing more than one thing at the same time can have a critical impact on project resources.
Critical Path correct answers the longest path in the project network and is also the shortest time in which the project can be completed.
Slack or Float correct answers the amount of time an activity can be delayed before it delays the project.
Program Evaluation and Review Technique (PERT) correct answers uses the project network diagramming technique to create a visual representation of the scheduled activities that express both their logical sequence and interrelationships.
Program Evaluation and Review Technique (PERT) correct answers uses statistical distribution that provides probability for estimating when the project and its associated activities will be completed. The probabilistic estimate is derived by using three estimates for each activity: optimistic, most likely, and pessimistic.
Precedence Diagramming Method (PDM) correct answers This tool is similar to the AON project diagram technique and is based on four fundamental relationships. FS, SS, FF, SF.
Finish to Start (FS) correct answers Most common relationship between activities and implies a logical sequence. Here, activity or task B cannot begin until task A is completed. For example, a
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