Why are activities drawn in a serial relationship in a network diagram?

some activities use the same resources that may not be available. Why are activities drawn in a serial relationship in a network diagram? … The activities use different resources.

When several activities need the same limited resources at the same time the activities with?

QuestionAnswer
When several activities need the same limited resource at the same time, the activities with the _____ have first priority.least slack

Why would activities be drawn in a serial relationship in a network diagram?

some activities use the same resources that may not be available. Why are activities drawn in a serial relationship in a network diagram? … The activities use different resources.

Is a trial and error method in which noncritical activities are delayed beyond their earliest start times in order to maintain a uniform level of resources?

According to Badawiyeh, (2010) resource leveling is a trial and error method where noncritical activities are delayed beyond their early start with the aim of maintaining a a uniform resource requirement levels.

When evaluating work packages that have a negative cost variance you should focus on taking corrective actions to reduce the costs of?

When evaluating work packages that have a negative cost variance, you should focus on taking corrective actions to reduce the costs of: activities that have a small cost estimate.

When planning a project is it necessary to estimate?

– Estimates are needed to develop time-phased budgets and establish the project baseline. The quality of the estimate depends on the planning horizon, estimates of current events are close to 100 percent accurate but are reduced for more distant events. You may also read,

What is the difference between resource smoothing and resource leveling?

Resource levelling is used when limits on the availability of resources are paramount. … Resource smoothing is used when the time constraint takes priority. The objective is to complete the work by the required date while avoiding peaks and troughs of resource demand. Check the answer of

Does resource limited scheduling keep a project on schedule if so how?

Resource limited scheduling does not keep a project on schedule. It may extend the schedule in order to keep within the resource limits.

When considering the availability of resources it may be necessary to make some assumptions such as?

Question: When considering the availability of resources, it may be necessary to make some assumptions, such as the type of organizational structure of the sponsor the ability to hire additional individuals with the appropriate expertise in time for when they will be required to work on a project. Read:

What is a project resource?

Project resources are the people, capital, and/or material goods required for the successful execution and completion of a project. In a nutshell: project resources are what you depend on to get work done.

When the CPI goes below 1.0 or gradually gets smaller?

When the CPI goes below 1.0 or gradually gets smaller, corrective action should not be taken, the project is performing well. The key to effective cost control is waiting to address negative cost variances and cost inefficiencies after they are identified. It is important to manage the cash flow on a project.

When the TBC for each work package is spread out over a period A is created so that it can be determined how much of the budget should have been spent at any point in time?

Time-phased budget: When the TBC for each work package is spread out by time period, a time-phased budget is created so that it can be determined how much of the budget should have been spent at any point in time. This amount is calculated by adding up the budgeted costs for each time period up to that point in time.

How does the network logic also take into account resource constraints?

In addition to showing the technical constraints among activities, how does the network logic also take into account resource constraints? Activities that use the same resource may not be able to occur in parallel to each other. In resource-limited scheduling, the lower priority activities get delayed.

What is estimate at completion?

Estimate at Completion (EAC) is the current expectation of total cost at the end of a project. The EAC represents the final project cost given the costs incurred to date and the expected costs to complete the project. EAC is the expected spend where BAC (budget at completion) is the authorized spend on a project.

Is a measure of the cost efficiency with which the project is being performed?

Question: The cost performance index (CPI) is a measure of the cost efficiency with which the project is being performed.

What is the actual cost in project management?

The actual cost of a project represents the true total and final costs accrued during the process of completing all work during the pre-determined period of time allocated for all schedule activities as well as for all work breakdown structured components.