Question: QUESTION 1 a. Explain how project variance is most effectively managed b. Summarise the project life cycle phases, and describe each phase c. Summarise the

QUESTION 1

a. Explain how project variance is most effectively managed

b. Summarise the project life cycle phases, and describe each phase

c. Summarise the following key tools for project scheduling

Schedule Network Analysis Critical Path Analysis Schedule Compression

d. Explain three best-practice time management methodologies. For each, summarise their capabilities, limitations, applications and outcomes

e. Explain how a work breakdown structure is used to create project schedules

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