Project Management & Planning Flashcards
7 cards from real CST practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Management & Planning flashcards as text
What is the purpose of a schedule management plan?
Answer: To establish policies, procedures, and documentation for planning and managing the project schedule
The schedule management plan defines how the schedule will be developed, maintained, and controlled throughout the project.
In Earned Value Management, if EV = $50,000 and AC = $60,000, the Cost Variance (CV) indicates:
Answer: The project is $10,000 over budget
CV = EV - AC = $50,000 - $60,000 = -$10,000; a negative CV means the project is over budget.
Which scheduling concept defines the earliest point in time an activity can begin based on its predecessors?
Answer: Early Start (ES)
Early Start (ES) is the earliest possible date an activity can begin, determined by the forward pass through the network.
A project manager is reviewing a schedule and notices that two activities have a Start-to-Start dependency with a 3-day lead. This means:
Answer: The successor can start 3 days before the predecessor starts
A lead (negative lag) in an SS relationship allows the successor to start before the predecessor, in this case 3 days earlier.
The process of determining how long each project activity will take, considering resource availability and skill levels, is called:
Answer: Activity duration estimating
Activity duration estimating quantifies the number of work periods needed to complete each schedule activity with estimated resources.
In a project network, if Activity A has an Early Finish of Day 10 and Activity B (successor) has an Early Start of Day 8, the relationship between them includes:
Answer: A 2-day lead
When the successor starts before the predecessor finishes, there is a lead (overlap) — in this case B starts 2 days before A finishes.
Which of the following BEST describes 'schedule compression' as a technique in project management?
Answer: Shortening the project schedule duration without reducing scope
Schedule compression reduces the project timeline without changing scope, using techniques like crashing or fast tracking.