Assignment:
Answer the following questions:
- How should budgeting, scheduling, and resource loading or leveling be most logically accomplished in terms of their chronological order?
- How would resource-constrained scheduling help, hinder, or change your recommendations?
- What are some potential problems with the top-down and bottom-up budgeting processes? What are some ways of dealing with these potential problems?
- In preparing a budget, what indirect costs should be considered?
- What characteristic(s) of the critical path times makes them critical?
- What two factors are compared by Gantt charting? How does the Gantt chart differ in purpose from the project master schedule?
- Contrast total slack and free slack.
- What is the average resource load factor? How is it used to determine project completion times?
- What are two methods for addressing the constrained resource allocation problem?