Heuristic
A rule of thumb used to make decisions. Frequently found in scheduling projects. For example, schedule critical activities first, then schedule activities with the shortest duration.
Planned Value
The planned time-phased baseline of the value of work scheduled. Previously called the budget cost of work scheduled (BCWS).
Resource-Constrained Projects
A project that assumes resources are limited (fixed) and therefore time is variable.
Smoothing
Adjusts the activities of a schedule so that all requirements for the resources do not go beyond the resource limits.
Splitting
Work is interrupted on one activity and the resource is assigned to another activity for a period of time, then reassigned to the original activity.
Time-Constrained Projects
A project that assumes time is fixed and, if resources are needed, they will be added.
Time-Phased Budget Baseline
A cost baseline that is derived from the WBS and project schedule. The budgeted costs are distributed to mirror the project schedule.
Resource Levelling
Delaying non-critical activities by using positive slack to balance demand of a resource. Used in time constrained projects.
How does resource scheduling tie into project priority?
Resources that best contribute to the organization's objectives and are within the constraints of available resources will be given more priority.
Present 5 reasons why scheduling resources is an important tasks.
1. Points out resource bottlenecks before projects begin.
2. Provides more efficient resource application.
3. Gives information for time-phased work package budgets to assess.
4. Leaves time for consideration of reasonable alternatives.
5. Shows overall schedule slippage.
How can outsourcing project work alleviate the 3 most common problems associated with multi-project scheduling?
It can help to overcome resource deficiencies and scheduling problems by giving out non-critical projects to contractors or consulting firms.
Explain the risks associated with leveling resources, compressing or crashing projects, and imposed durations or "catch-up" as the project is being implemented.
1. All activities become more critical.
2. Could loose flexibility.
Why is it critical to develop a time-phased baseline?
It is critical because it can offer comparisons between the actual/planned schedule and it provides reliable information for control purposes.
What are the types of project constraints?
People, materials, and equipment
What are the classifications of a scheduling problem?
Time constrained and resource constrained
