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Time Management – Sample Cheat Sheet


Time Processes(6): Activity Definition, Activity Sequencing, Activity Resource Estimating, Activity
Duration Estimating, Schedule Development, Schedule Control

Sequence Activities:
      PDM or AON (FS, FF, SS, SF)
      GERT (rarely used)-(loops between activities)
      Dependencies [Mandatory (hard logic), Discretionary (soft logic), External]
      LEADS and LAGS:
               [Leads: starts activity before predecessor is complete] [Shortens the schedule]
               [Lags: Inserted between activities] [Delays activity start]

Activity Resource Estimating: Equipment, materials, and People

Activity Duration Estimating: (PADDDING is BAD)
         One-Point:( one per activity) (expert judgment) (guessing)
         Analogous: (Top Down) (expert judgment and historical information to predict the future)
         Parametric: (heuristics-80/20 rule) (Regression analysis – scatter diagram, Learning curve)
         Three-Point (PERT): EAD=(P+4M+O)/6, SD=P-O/6, Variance=(((p-o)/6))2, Range=EAD+/-SD
         Reserve Analysis: (Risk Contingency – time reserves and management reserves)

Schedule Network:
       Critical Path Method                                         CPM:
       Schedule Compression: (Fast track, Crash)                     Critical Path-(forward/backward pass)
       What-If Analysis: (Monte Carlo)                               Near Critical Path
       Resource Leveling: (schedule slips and cost increases) TF=LF-EF, FF=LS-ES
       Critical Chain Method:                                        FLOAT is SLACK
                -(takes into account, directly, both activity and resource dependencies)
                -(duration buffers built into the chain at critical milestones)

Project Schedule:
        Network Diagram
        Milestone chart: have no duration; good for reporting to management and the customer
        Bar Chart: completed after the WBS and the network diagram for tracking progress

Schedule Baseline:
       (manages the project and the schedule that the team’s performance is measured against)
       (only changed with approved changes)

Control Schedule: (means measure) (measure against the plan)
        Looking for things causing changes and influencing them to change
        Re-Estimating at least ONCE over the life of the project
        Work performance measurements, changes to schedule baseline and any part of the project
Time Management – Sample Cheat Sheet

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Capm process cheat sheet

  • 1. Time Management – Sample Cheat Sheet Time Processes(6): Activity Definition, Activity Sequencing, Activity Resource Estimating, Activity Duration Estimating, Schedule Development, Schedule Control Sequence Activities: PDM or AON (FS, FF, SS, SF) GERT (rarely used)-(loops between activities) Dependencies [Mandatory (hard logic), Discretionary (soft logic), External] LEADS and LAGS: [Leads: starts activity before predecessor is complete] [Shortens the schedule] [Lags: Inserted between activities] [Delays activity start] Activity Resource Estimating: Equipment, materials, and People Activity Duration Estimating: (PADDDING is BAD) One-Point:( one per activity) (expert judgment) (guessing) Analogous: (Top Down) (expert judgment and historical information to predict the future) Parametric: (heuristics-80/20 rule) (Regression analysis – scatter diagram, Learning curve) Three-Point (PERT): EAD=(P+4M+O)/6, SD=P-O/6, Variance=(((p-o)/6))2, Range=EAD+/-SD Reserve Analysis: (Risk Contingency – time reserves and management reserves) Schedule Network: Critical Path Method CPM: Schedule Compression: (Fast track, Crash) Critical Path-(forward/backward pass) What-If Analysis: (Monte Carlo) Near Critical Path Resource Leveling: (schedule slips and cost increases) TF=LF-EF, FF=LS-ES Critical Chain Method: FLOAT is SLACK -(takes into account, directly, both activity and resource dependencies) -(duration buffers built into the chain at critical milestones) Project Schedule: Network Diagram Milestone chart: have no duration; good for reporting to management and the customer Bar Chart: completed after the WBS and the network diagram for tracking progress Schedule Baseline: (manages the project and the schedule that the team’s performance is measured against) (only changed with approved changes) Control Schedule: (means measure) (measure against the plan) Looking for things causing changes and influencing them to change Re-Estimating at least ONCE over the life of the project Work performance measurements, changes to schedule baseline and any part of the project
  • 2. Time Management – Sample Cheat Sheet