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What is the purpose of a Project Network?
To schedule projects and monitor progress.
What does the project network depict?
All the project activities, their logical sequence, their connections, and oftentimes the times to start and finish.
What is the longest path through a project network called?
Critical path.
What distinguishes 'free slack' from 'total slack'?
Free slack is the amount of time an activity can be delayed without delaying any immediately following activities, whereas total slack is the amount of time an activity can be delayed without delaying the project.
What are the two approaches for representing project activities?
Activity-on-Node (AON) and Activity-on-Arrow (AOA).
What does the forward pass compute in project management?
The earliest start, earliest finish, and expected time for project activities.
What principle states that an activity cannot begin until all preceding connected activities have been completed?
Basic rule in developing project networks.
In project management, what tool is used to calculate critical path and project duration?
Critical Path Method (CPM).
What type of activity has more than one activity immediately following it?
Burst activity.
What do you do during the backward pass in project scheduling?
Subtract activity times to determine the latest start and finish times.