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Schedule mgmt

APM PMQ Competence 20 terminology

TermDefinition
Buffer (Critical Chain.) The centralised management of schedule contingencies
Cost breakdown structure (CBS) The hierarchical breakdown of a project into cost elements.
Critical chain A resource based approach to scheduling, useful when time is critical and derived from the critical path, that protects critical chains of activities with buffers.
Critical path A sequence of activities through a precedence network from start to finish, the sum of whose durations determines the overall duration.
Estimate A forecast of the probable time or cost of completing work.
Gantt chart A graphical representation of activity against time.
Organisational breakdown structure (OBS) A hierarchical way in which the organisation may be divided into management levels and groups, for planning and control purposes.
Product breakdown structure (PBS) A hierarchical breakdown of the products required to be produced by a project.
RAM (Responsibility assignment matrix) A diagram or chart showing responsibility assignments for elements of work. It is created by combining the WBS with the OBS.
Schedule A timetable showing the forecast start and end dates for activities or events within a project, programme or portfolio.
Scheduling The process used to determine the overall project duration. This includes identification of activities and their logical dependencies, and estimating activity durations, taking into account requirements and availability of resources.
Scope The totality of the outputs, outcomes and benefits and the work required to produce them.
Scope management The process whereby outputs, outcomes and benefits are identified, defined and controlled.
Work breakdown structure (WBS) A hierarchical breakdown of the work required to deliver the products of a project.
Resource buffer (Critical Chain.) A task-free period inserted before a task to be performed by a critical resource to ensure that it can start on time.
Feeder buffer (Critical Chain.) A task-free period inserted between a non-critical path and its join to the critical path to ensure that critical path tasks are not delayed by the non-critical path.
Project buffer (Critical Chain.) A task-free period inserted at the end of the critical path to allow for the optimistic scheduling of the critical path tasks.
Created by: CITI
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