Define predecessor successor and parallel activities. Give a real world example of each. – (10 Points)In the context of critical chain project management what is resource contention? (5 Points)Define the following and give a real world example of each (other than the ones described in the text book): Finish-to-Start; Start-to-Start; Finish-to-Finish; Start-to-Finish. (10 Points)Assume the following activities for a project along with their estimated durations and predecessors. Describe how critical path analysis would be applied to this project and calculate the critical path. Define the concepts: slack/float expedite/crash and fast tracking and explain what their implications are for this project? (20 Points)Draw AON diagramCalculate Possible Activity pathsIdentify critical pathActivityEstimated Duration in DaysPredecessorA2NoneB4AC3AD1C BE1C DF3D EG2FWhat are the seven IT project risk management processes? (5 Points)What is a risk response plan? What should be included? (5 Points)Compare the three types of project risk: known known-unknown and unknown-unknown. Give an example (not discussed in the text book) of each. (10 Points)Describe the qualities of a good project metric. (5 Points)What are the key differences (4-5) between the Agile Project Management approach and Waterfall (Traditional Project Management) (10 Points)
