(a) Determine time sequence
(b) List all the items to be included grouping under flexible and inflexible activities
(c) Bring total estimated time needed and total available time into harmony
(d) Write out plan
(e) Set out as accurate an estimate for each task as is obtainable
Time Plan Steps Sequencing
Arranging the steps for making time plans involves a logical progression from initial identification to final documentation. The correct sequence ensures efficiency and effectiveness in planning.
Sequencing Time Plan Steps
The process follows these key stages:
- List and Group Activities: Begin by listing all tasks and categorizing them into flexible and inflexible activities. This clarifies the scope of the plan.
- Estimate Task Duration: Accurately estimate the time required for each individual task.
- Harmonize Time Estimates: Compare the total estimated time needed for all tasks against the total available time. Adjustments are made here to ensure the plan is feasible.
- Determine Time Sequence: Establish the specific order in which the tasks will be executed based on dependencies and priorities.
- Write Out Plan: Document the finalized sequence, estimates, and any necessary notes into a formal time plan.
Therefore, the proper sequence is (b), (e), (c), (a), (d).
Correct Sequence Explanation
The correct order, matching Option C, is:
- (b) List all the items to be included grouping under flexible and inflexible activities: This is the foundational step, identifying and categorizing all components.
- (e) Set out as accurate an estimate for each task as is obtainable: Quantifying the time commitment for each item is the next logical step.
- (c) Bring total estimated time needed and total available time into harmony: Balancing the workload with available resources is crucial before finalizing the order.
- (a) Determine time sequence: Once the tasks are listed, estimated, and balanced, their precise order can be determined.
- (d) Write out plan: The final step is formalizing the complete plan.
Important Questions from Project Planning
Pick up the correct statement from the following.
Miscellaneous expenses such as office expenses, stationery, postal expenses, etc., falls under _______.
Which of the following phases does NOT come under the project management stages?
The maximum amount of time that an activity can be delayed without extending the completion time of the overall project is called:
A company has 5,000 obsolete toys in inventory at a production cost of $10 each. If the toys were remade for $ 3 each, they could sell for $ 5 each. If the toys are thrown away, they can be sold for $ 2.5 each. Which alternative is more desirable (rework or scrap) and what is the total benefit amount of this alternative?
