• In Module 3, you created a Work Breakdown Structure (WBS) for your project.
  • How is WBS different from a project network?
  • How are the two tools related?
  • If creating a project network is quicker and it clearly displays all the elements of a project, then why do you need to create a WBS?
• Briefly describe a business scenario for an ongoing project (this can be your project, a project you worked on, or a project you read about).
  • Identify how slack was used by the project manager.
  • Was this an appropriate use of the technique, or did the project manager err in this particular application?
  • What can you learn from the scenario presented in applying slack to a business project?
• Consider that there is a failure along the project's critical path from the scenario you described.
  • Briefly explain what options the project manager had to make to bring the project back into the allowable schedule.
  • Did the project manager take the appropriate actions?
  • How much time was lost because of the failure and how much time was made up with the correct decisions?
  • From the above example, what should be the lessons learned about managing a project?
• Finally, consider the ethical considerations of building slack into a project.
  • Is this an acceptable business practice? Provide support for your choice.
  • Should a project manager explicitly disclose the use of slack when building or sharing a project schedule?