Ch6 - Developing a Project Schedule W2025 (2)

WBS (Work Breakdown Structure)

A hierarchical decomposition of a project into manageable sections or work packages.

Project Network

A graphical representation of a project's tasks, their dependencies, and the sequence in which they should occur.

Activity-on-Node (AON)

A method of representing a project where nodes represent activities and arrows between nodes represent the dependencies.

Critical Path

The longest sequence of activities in a project that must be completed on time for the project to be completed on its due date.

Slack (or Float) Time

The amount of time that an activity can be delayed without affecting the overall project timeline.

Forward Pass

A technique used to determine the earliest start and finish times for project activities.

Backward Pass

A technique used to determine the latest start and finish times for project activities.

Merge Activity

An activity that has more than one activity immediately preceding it.

Burst Activity

An activity that has more than one activity immediately following it.

Free Slack

The amount of time an activity can be delayed without delaying any of its immediate successor activities.

Total Slack

The total time an activity can be delayed without delaying the project.

Network Sensitivity

The likelihood that the original critical path(s) will change once the project is initiated.

Activity

An element of the project that requires time to complete and may require other resources.

Parallel Activities

Activities that can take place at the same time.

Project Closure

The final phase of a project, which includes the completion and acceptance of the project deliverables.

CPM (Critical Path Method)

A project management technique used to determine the critical path through a project.

Nodes

Points in the project network that represent an activity.

Dependencies

Relationships between project activities indicating that one activity must be completed before another can start.

Project Manager

The person responsible for planning, executing, and closing a project.

Monitoring Progress

The process of tracking the project's performance and progress against the planned schedule.