Ebtm 443 final exam - Study guides, Class notes & Summaries

Heuristic A rule of thumb used to make decisions. Frequently found in scheduling projects. For example, schedule critical activities first, then schedule activities with the shortest duration. Leveling Techniques used to examine a project for an unbalanced use of resources, and for resolving resource over-allocations. Planned value (PV) The planned time-phased baseline of the value of the work scheduled. Previously this was called budgeted cost of work scheduled (BCWS). ...

Technical/Logic and Resource Constraints 2 Types of Constraints Technical/Logic Constraints Constraints related to the networked sequence in which project activities must occur Resource Constraints The absence, shortage, or unique interrelationship and interaction characteristics of resources that require a particular sequencing of project activities People, Materials, Equipment, and Working Capital Types of Resource Constraints Resource Cconstrained Projects Res...