- What is a project charter? Based on the project charter, what are your responsibilities as a project manager?
Answer: A project charter, project definition, or project statement is a statement of the scope, objectives, and participants in a project. It provides a preliminary delineation of roles and responsibilities, outlines the project objectives, identifies the main stakeholders, and defines the authority of the project manager. It serves as a reference of authority for the future of the project.
Based on project charter, the project team develops the project management plan, engages in scope planning, details scope definition and creates the work breakdown structure.
- What is WBS? Why is the WBS necessary for project planning?
Answer: The WBS or Work Breakdown Structure defines the scope of the project and breaks the work down into components that can be scheduled, estimated, and easily monitored and controlled. The idea behind the WBS is simple: IT subdivide a complicated task into smaller tasks, to a level that cannot be further subdivided.
WBS is necessary as it is usually easier to estimate how long the small task will take and how much it will cost to perform than it would have been to estimate these factors at the higher levels. Each descending level of the WBS represents an increased level of detailed definition of the project work.
- What are key lessons you have learned from subunit 4.2?
Answer: The key lesson are:
- How to design a project scope.
- How to design a project schedule planning
- Setting up a baseline
- What techniques can you use to identify the critical path and a float in a project?
Answer: The critical path is the path through the network that results in the latest completion date of the project. If any activity on the critical path is delayed, the completion of the project will be delayed by an equal amount. It is the path with the greatest total duration.
To determine the critical path, add the amount of time estimated for the duration of each activity to the previous activity to determine which path through the network has the longest total duration
Float, sometimes called slack, is the amount of time an activity, network path, or project can be delayed from the early start without changing the completion date of the project.
Total float is the difference between the finish date of the last activity on the critical path and the project completion date.