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the probability with which the completion is expected in the time allotted (since any
estimate is only a prediction about the uncertain future, see critical chain) the resources
to be used (sometimes using more resources or different resources speeds things up)
the assumptions which were made the author of the estimation the date the estimate
was made the work schedule of the resources
Question 5: in project management, what does the term 'milestone' mean?
Milestones are tools used in project management to mark specific points along a
project timeline. These points may signal anchors such as a project start and end
date, a need for external review or input and budget checks, among others. In
many instances, milestones do not impact project duration. Instead, they focus
on major progress points that must be reached to achieve success.
Question 6: in project management, what does the term 'deliverable' mean?
Deliverable is a term used in project management to describe a tangible or intangible
product or service produced as a result of the project that is intended to be delivered to
a customer (either internal or external). A deliverable could be a report, a document, a
software product, a server upgrade or any other building block of an overall project.
Question 7: in project management, name three resources?
A project manager your primary task is to lead and manage Resources to
predefine goal and objective. To be able to assign resources to tasks in Microsoft
project you need to define the resources first. You do this in the Resource Sheet
and you will notice that you have three different types of resources to choose
from; Work, Material and Cost.
Question 8: on the grant chart axis below, complete what is represented on the y
axis? What is represented on the axis?
Activities
Duration