How in the project time schedule represented most often?

Activity scheduling network diagram is the most common form of representation for the project time schedule. This is often accompanied by milestone chart, and bar charts. In project management, the project time schedule is most often represented using a Gantt chart. A Gantt chart is a visual representation of a project schedule that displays tasks … Read more

How do you estimate in the three point estimating method?

There are 2 formulas to calculate 3 point estimation. 1) Triangular Distribution E = (P+M+O)/3 ; 2) Beta or PERT Distribution E = (P+4M+O)/6 ; where P stands for pessimist, O for Optimist and M = most likely and PERT = Program Evaluation and Review Techniques In project management, the three-point estimating method is a … Read more

How is the “activity time” estimates done?

Parametric estimates, three point estimates and analogous estimates are the techniques used for estimating activity time estimates. Estimating activity time is a crucial aspect of project management, and there are several methods commonly used to accomplish this. Here’s how you might answer this question: Expert Judgment: This involves consulting with individuals or teams who have … Read more

What are some techniques used for defining scope?

Product breakdown, requirements analysis, systems engineering, systems analysis, value engineering, value analysis and alternatives analysis. Alternatives analysis can be helped by brain storming, lateral thinking and pair-wise comparisons, etc. When asked about techniques for defining scope in a project management interview, you should provide a comprehensive answer that demonstrates your understanding of the subject matter. … Read more

How do you define a milestone?

Milestone is a point in project schedule when some objective, a part of a result or a part of the planned services planned are achieved. A milestone in project management is a significant event or achievement that marks progress within a project’s timeline. It serves as a point of reference to gauge how well a … Read more