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Your Next Project Consists of 8 Consecutive 8-Day Activities,each Estimated

question 50

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Your next project consists of 8 consecutive 8-day activities,each estimated by a different worker in your organization.Your organizational culture dictates that you add your own safety margin of 3 days into your estimates.Unbeknownst to you,the project manager has recently converted to a critical chain project management view.The project manager knows perfectly well what sorts of games are played with activity estimates and she knows exactly how much activity padding takes place.What will the overall project safety margin be once the project manager reviews your estimates and makes the project schedule?


Definitions:

Key Success Factor

Critical elements or factors that are essential for an organization to achieve its business objectives and be successful.

Core Competency

Fundamental strength or advantage that a business possesses, central to its operations and critical to its long-term success.

Key Success Factors

Critical elements or factors required for an organization to achieve its business goals and objectives.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, including cost structure, product offerings, market position, and customer service.

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