Time Estimating & Resource Allocation Flashcards
7 cards from real PMI-SP practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Time Estimating & Resource Allocation flashcards as text
A project team is using bottom-up estimating. What is the PRIMARY characteristic of this approach?
Answer: Work packages are estimated individually and rolled up to total
Bottom-up estimating decomposes work into the smallest components, estimates each individually, and aggregates them for a total estimate.
Resource allocation in a schedule is considered balanced when:
Answer: No resource is assigned more work than its available capacity
Balanced resource allocation means no resource is over-allocated beyond its available capacity at any point in the schedule.
What is the purpose of management reserve in the context of time estimating?
Answer: To provide buffer for unknown-unknown risks that may extend the schedule
Management reserve is set aside for unknown risks (unknown-unknowns) that cannot be planned for and may unexpectedly extend the schedule.
When estimating activity durations, which factor is MOST important to capture in the activity attributes?
Answer: Assumptions and constraints influencing the estimate
Recording assumptions and constraints in activity attributes ensures the basis for the estimate is documented and traceable during schedule management.
Which scheduling constraint is MOST likely to force resource leveling to push a task past its late finish date?
Answer: Resource over-allocation
Resource over-allocation is the primary driver for resource leveling, which may delay tasks beyond their late finish date, creating negative float.
A schedule has contingency reserves applied to individual activities. These reserves are meant to handle:
Answer: Known risks identified in the risk register
Contingency reserves are allocated for identified known-unknown risks quantified during risk analysis and included in the schedule baseline.
In a resource-constrained schedule, which activity should typically receive resource priority when two tasks compete for the same resource?
Answer: The activity with the least total float
Activities with the least total float are closest to becoming critical and should receive resource priority to avoid jeopardizing the project end date.