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CAPM Practice: Demonstrate an understanding of a project management plan schedule

Question 67 of 85 in Demonstrate an understanding of a project management plan schedule

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What is the 'Schedule Network Analysis' process used for?
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Correct answer: Analyzing the network diagram to determine the earliest project completion date and schedule flexibility

Explanation

Schedule network analysis uses techniques such as Critical Path Method (CPM), what-if scenario analysis, resource optimization, and schedule compression to analyze the network diagram. The primary outputs are: earliest completion date, critical path, float values for each activity, and schedule optimization recommendations.

**Why not A:** Calculating the cost impact of schedule delays is a specific analysis that may be performed using schedule and cost data together, but it is not the purpose of schedule network analysis. Network analysis focuses on timing and sequencing, not on financial impact calculations.

**Why not B:** Documenting schedule risks in the risk register is a risk management activity. While network analysis may reveal schedule-related risks (such as critical path vulnerabilities), documenting those risks is a separate process from analyzing the network diagram itself.

**Why not D:** Identifying which stakeholders are affected by schedule changes is a stakeholder management and communication activity. Network analysis focuses on the technical analysis of activity relationships, durations, and float — not on stakeholder impact assessment.

Key Concept

This question covers Demonstrate an understanding of a project management plan schedule under Demonstrate an understanding of a project management plan schedule (Predictive, Plan-Based Methodologies).

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