3.1. Chapter Introduction
Learning Objectives
By the end of this chapter, you should be able to:
- Define terms related to scheduling.
- Identify the difference between a deliverable and a work package.
- Describe the WBS numbering system.
- Explain a variety of estimation methods.
- Explain concepts related to the critical path method, including schedule compression.
- Define basic terms such as budget, estimate, price, cost, and value.
- Explain basic concepts related to budgeting.
- Explain the benefits of a contingency plan.
- Identify types of communications.
- Recognize the importance of communication for project success.
- Discuss the unique challenges of virtual teams.
“5.1. Chapter Introduction” & 6.1. Chapter Introduction” & “8.1. Chapter Introduction” from Essentials of Project Management by Adam Farag is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted. Modifications: Removed and added some learning objectives.