Project Management Exam Review

* Chapter 6 Developing a Project Plan

* 1. Developing the Project Network

* 2. From Work Package to Network

* 3. Constructing a Project Network

* A. Terminology

* B. Two Approaches

* C. Basic Rules to Follow in Developing Project Networks

* 4. Activity-on-Node (AON) Fundamentals

* 5. Network Computation Process

* A. Forward Pass—Earliest Times

* B. Backward Pass—Latest Times

* C. Determining Slack (or Float)

* D. Free Slack (Float)

* 6. Using the Forward and Backward Pass Information

* 7. Level of Detail for Activities

* 8. Practical Considerations

* A. Network Logic Errors

* B. Activity Numbering

* C. Use of Computer to Develop Networks

* D. Calendar Dates

* E. Multiple Starts and Multiple Projects

* 9. Extended Network Techniques to Come Closer to Reality

* A. Laddering

* B. Use of Lags

* C. An Example Using Lag Relationships—The Forward and Backward Pass

* D. Hammock Activities

* 10. Summary

* 11. Key Terms

* 12. Review Questions

* 13. Exercises

* 14. Appendix 6.1: Activity-on-Arrow Method

* A. Description

* B. Design of An AOA Project Network

* i. Forward Pass—Earliest Times

* ii. Backward Pass—Latest Times

* C. Summary

* 17. Appendix Review Questions

* 18. Appendix Exercises

Chapter 7 Managing Risk

1. Risk Management Process

2. Step 1: Risk Identification

3. Step 2: Risk Assessment

A. Scenario Analysis

B. Probability Analysis

4. Step 3: Risk Response Development

A. Mitigating Risk

B. Avoiding Risk

C. Transferring Risk

D. Sharing Risk

E. Retaining Risk

5. Contingency Planning

A. Technical Risks

B. Schedule Risks

C. Cost Risks

D. Funding Risks

6. Opportunity Management

7. Contingency Funding and Time Buffers

A. Budget Reserves

B. Management Reserves

C. Time Buffers

8. Step 4: Risk Response Control

9. Change Control Management

10. Summary

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