Chapter Questions
What is a project?
What is project management?
Project management is concerned only with major capital projects. Is this true?
In the networks we have drawn, what do the nodes and arrows represent?
What basic information do you need to draw a project network?
What are the main rules of drawing a project network?
How do you calculate the earliest and latest start times for an activity?
What is the total float of an activity?
How big is the total float of a critical activity?
What is the significance of the critical path?
Which activities must be shortened to reduce the overall duration of a project?
By how much can a critical path usefully be shortened?
What are the main benefits of Gantt charts?
How can resource use be smoothed during a project?
What is the difference between CPM and PERT?
What is the 'rule of sixths' and when is it used?
How can you calculate the expected duration of a project and its variance?