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3.1. Chapter Introduction

Learning Objectives

By the end of this chapter, you should be able to:

  1. Define terms related to scheduling.
  2. Identify the difference between a deliverable and a work package.
  3. Describe the WBS numbering system.
  4. Explain a variety of estimation methods.
  5. Explain concepts related to the critical path method, including schedule compression.
  6. Define basic terms such as budget, estimate, price, cost, and value.
  7. Explain basic concepts related to budgeting.
  8. Explain the benefits of a contingency plan.
  9. Identify types of communications.
  10. Recognize the importance of communication for project success.
  11. 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.