Fam104 - Study guides, Class notes & Summaries

FAM104 Module 1 Exam Questions with 100% Correct Answers How to manage primary stakeholders? - Answer- Manage closely - communicate frequently, involve in project, request and utilize feedback How to manage secondary stakeholders? - Answer- For those with a lot of interest in your project, you want to keep them informed and utilize their interest in your project to accomplish tasks whenever possible. For those with little interest but a lot of power over your project, keep these stakeh...

FAM104 Exam Questions with All Correct Answers Planning Steps in Developing Schedule - Answer- 1. ID the work needed for the project 2. Determine how long each WP will take (duration) 3. Sequence the WP (Network Diagram) 4. Determine the crit path and resource constraints 5. Adjust schedule as needed CPM - Answer- ID crit path, deterministic method using single time estimate, finds the longest time for project to be completed PERT & Monte Carlo - Answer- Stochastic scheduling techn...