Identify and explain 3 techniques you would use to estimate project duration and resource efforts.

• Answer all parts of each question
• Use your own words and give examples wherever possible
• The quality of your answer is more important than how long it is
• Enter your answers in this document
Answer the following questions:
1.1. Identify and explain 3 techniques you would use to estimate project duration and resource efforts.

1.2. Explain the procedures for identifying the critical path of a project.

1.3. Explain 3 procedures you would follow for managing each of the following (in terms of project time management):

a) Project baselines
b) Project establishment
c) Project variance

1.4. Summarise the 4 project life cycle phases and describe the time management considerations for each phase.

1.5. Explain the following time management methodologies by identifying their capabilities, limitations, applications and outcomes:
a) Pareto Analysis
b) Progress reporting
c) Variance analysis

1.6. Summarise the following techniques that can be used for project scheduling:
a) Project network diagramming
b) Critical path analysis
c) Gantt charts

1.7. Explain 2 aspects of work breakdown structures and their application to project schedules

1.8. There is a wide range of project management software available. Identify 2 of these project management applications and;
a) Describe the features of each,
b) Identify the pros and cons of each

1.9. Explain the following budgeting tools and techniques:
a) Time-phased budget
b) Estimated Costs at Completion
c) Bottom-up estimates
d) Top-down estimates

1.10. Explain the following cost management tools and techniques, and how you would apply them (provide at least 1 example for each):

a) Earned Value Management (EVM)
b) Front-end load
c) Risk transfer
d) Alternative analysis

1.11. Explain the difference between Quality Assurance (QA) and Quality Control (QC); and provide a brief overview of the processes and requirements of each.

1.12. Review the following approaches to quality management. For each approach provide an explanation and state if the approach is relevant to your organisation. Please provide a reason for your response.
a) Six Sigma
b) LEAN
c) Total Quality Management (TQM)

1.13. Describe the quality criteria relevant to your industry.
a) Provide a description of your industry.

Identify and explain 3 techniques you would use to estimate project duration and resource efforts.
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