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Question 1 Explain the advantages and disadvantages of using the following estimation techniques to determine the duration of tasks and the required resources: Analogous estimating

Question 1

Explain the advantages and disadvantages of using the following estimation techniques to determine the duration of tasks and the required resources:

Analogous estimating

Bottom-up analysis

Reserve analysis.

Answer:

Question 2

Explain how you would identify the critical path within a project schedule.

Answer:

Question 3

What are the primary reference points for setting a project baseline?

Answer:

Question 4

Explain what a variance table is and how it can be used in relation to the project baseline.

Answer:

Question 5

Identify the four phases of a project lifecycle and explain what each phase means or involves?

Answer:

Question 6

Outline what is meant by the following time management methodologies. For each, how would you use it and explain their advantages and disadvantages.

Activity log

Action plan

Task list.

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Question 7

Explain how the following project scheduling tools and techniques function:

PERT chart

Gantt chart

Critical chain management.

Answer:

Question 8

What is a WBS and how can it be applied to project schedule?

Answer:

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