CH 5 PEPITO MANAGEMENT MID

What is scope creep in project management?

• A controlled process of adding project requirements with formal approval.

• Uncontrolled changes or additions to the project scope without formal approval, leading to increased costs, delays, and loss of control.

• A method for reducing project costs by removing key deliverables.

• A strategy for speeding up project completion by skipping planning phases.

What is activity definition in project management?

• Identifying the specific activities that must be performed to produce the various project deliverables.

• Assigning team members to different roles in the project.

• Creating a financial plan for the project budget.

• Monitoring project progress to ensure deadlines are met.

What is activity sequencing in project management?

• Identifying and documenting the dependencies between project activities.

• Assigning tasks to team members based on their skills.

• Estimating the time required to complete each project activity.

• Tracking project expenses and budget changes.

What is activity duration estimating in project management?

• Assigning tasks to team members based on their expertise.

• Assessing the number of work periods needed to complete each identified activity.

• Monitoring project progress to ensure deadlines are met.

• Documenting dependencies between project activities.

What is fast tracking in project management?

• Completing project activities one after another in a strict sequence.

• Doing activities in parallel that would normally be done in sequence to speed up the project timeline.

• Extending the project schedule to allow for additional planning.

• Reducing project scope to meet deadlines faster.

What is crashing in project management?

• Eliminating project tasks to reduce costs and shorten the schedule.

• Analyzing cost and schedule trade-offs to achieve the greatest time compression with the least additional cost.

• Performing all project activities simultaneously to speed up completion.

• Reducing the project scope to fit within budget constraints.

Why is schedule development important in project management?

• It helps determine realistic start and finish dates for project activities to ensure timely project completion.

• It eliminates the need for monitoring project progress.

• It focuses only on assigning team members to tasks.

• It reduces project costs by removing unnecessary activities.

What is the purpose of duration compression in project management

• To shorten the project schedule without changing the project scope.

• To reduce project costs by eliminating tasks.

• To extend the project timeline for better quality control.

• To increase project scope to include additional tasks.

What is fast tracking in project management?

• Completing project activities one after another in a strict sequence.

• Performing activities in parallel that would normally be done in sequence to shorten the project timeline.

• Eliminating tasks to reduce project duration

• .Extending the project schedule to allow more time for planning.

What is crashing in project management?

• Performing project activities in parallel to shorten the schedule.

• Analyzing cost and schedule trade-offs to achieve the greatest schedule compression with the least additional cost.

• Reducing project scope to meet budget constraints.

• Extending the project timeline to allow for better quality control.