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NEW QUESTION 52
Which schedule method allows the project team to place buffers on the project schedule path to account for limited resources and project uncertainties?
- A. Critical path method
- B. Schedule network analysis
- C. Resource leveling
- D. Critical chain method
Answer: D
Explanation:
Section: Volume B
Explanation:
6.6.2.3 Critical Chain Method
The critical chain method (CCM) is a schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties. It is developed from the critical path method approach and considers the effects of resource allocation, resource optimization, resource leveling, and activity duration uncertainty on the critical path determined using the critical path method. To do so, the critical chain method introduces the concept of buffers and buffer management. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability with statistically determined buffers composed of the aggregated safety margins of activities at specified points on the project schedule path to account for limited resources and project uncertainties. The resource-constrained critical path is known as the critical chain.
The critical chain method adds duration buffers that are non-work schedule activities to manage uncertainty.
One buffer, placed at the end of the critical chain, as shown in Figure 6-19, is known as the project buffer and protects the target finish date from slippage along the critical chain. Additional buffers, known as feeding buffers, are placed at each point where a chain of dependent activities that are not on the critical chain feeds into the critical chain. Feeding buffers thus protect the critical chain from slippage along the feeding chains.
The size of each buffer should account for the uncertainty in the duration of the chain of dependent activities leading up to that buffer. Once the buffer schedule activities are determined, the planned activities are scheduled to their latest possible planned start and finish dates. Consequently, instead of managing the total float of network paths, the critical chain method focuses on managing the remaining buffer durations against the remaining durations of chains of activities.
Figure 6-19. Example of Critical Chain Method
NEW QUESTION 53
What is the total float of the critical path?
- A. Zero or positive
- B. Depends on the calendar
- C. Can be any number
- D. Zero or negative
Answer: D
Explanation:
Section: Volume C
NEW QUESTION 54
Analyzing activity sequences, durations, resource requirements, and schedule constraints for project and monitoring and controlling relates to which process?
- A. Define Activities
- B. Develop Schedule
- C. Estimate Activity Durations
- D. Control Schedule
Answer: B
Explanation:
Section: Volume E
Explanation/Reference: http://www.mypmps.net/en/mypmps/knowledgeareas/time/schedule-development.html
NEW QUESTION 55
Which of the following technology platforms is most effective for sharing information when managing virtual project teams?
- A. Audio conferencing
- B. Video conferencing
- C. Email/chat
- D. Shared portal
Answer: C
Explanation:
Section: Volume E
NEW QUESTION 56
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