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SCHEDULE MANAGEMENT, Project schedule Management, Schedule Management,…

- - - - Significant event in project schedule
      - Zero duration -> represents a specific moment in time
      - Sponsor may improve milestones and milestones are included in charter
- - - - Show critical part of project (interdependencies of activities)
    - - Similar to bar charts, only shows major event
      - Critical date of the project timeline
      - Discripe have 0 duaration, no assignee
      - When use: For reporting to senior manager, highleve information
    - - Show activities ID, Activities name, duaration, start and end date
      - Week planning tools
      - Effective for progress reporting and control
      - To tract progress and report to team
- - - - Total Float: Amount of time an activity can be deplayed without delaying the project end date or an intermediary milestone
      - Free Float: Amount of time an activity can be delayed without delaying the early start date
      - Project Float: Amount of time an activity can be delayed without delaying externally imposed project completion date
    - - Float = late start - early start (LS-ES)
      - Float = Late finish - Early finish (LF -EF)
- - - - Probalibity of completing the project on a specific day
      - Probability of completing the project for a specific cost
      - Probability of any activity actually being on the critical path
      - The over project risk
- - - - check risks and re-estimate
      - Fast-tract the project
      - Crash the project
      - Reduce scope
      - Cut quality
- - - - Finish to start (FS)
      - Start to start (SS)
      - Start to finish (SF)
      - Finish to finish (FF)
- - - - Regression analysis (Scatter diagram): tracks 2 vairiables to see if they are related and creates a formular
      - Learning Curve: becasue of improved efficiency, similar activities take less time in the future
  - - - Optimistic (O): duaration of activity in the best case
      - Most Likely (M): duaration of activities in realistic case
      - Pessimitic (P): duaration of activities in worst case
    - - Triangular distribution = (O+M+P)/3
      - Beta Distribution = (O+4M+P)/6
    - - Activity standard deviation = (P-O)/6
      - Activity Variance
        
        ((P-O)/6)*(P-O)/6))
      - Estimations can be given in a range. Estimate activity Duaration (EAD)+/- Standard Deviation (SD)
      - end of range: EAD+SD
      - start of range: EAD-SD