Establishing Project Start and Completion Times

Bill Carmody discusses how to establish effective start and completion times in project management. He emphasizes understanding project objectives, stakeholder expectations, and using a responsibility matrix (RACI) to determine team roles and contingencies. The video also covers factoring in external constraints like deadlines and holidays, and adjusting timelines through trade-offs to meet stakeholder needs.

What is the first step in establishing effective start and completion times for a project?

• Determining the project's overall objective

• Allocating the budget

• Hiring new team members

• Setting a fixed deadline

What does the RACI matrix help project managers to identify?

• Project deadlines

• Stakeholder expectations

• Team member roles and responsibilities

• Project budget

Why is it important to understand contingencies in a project?

• To reduce the number of team members

• To accurately estimate project timelines

• To ensure team members are always busy

• To increase the project budget

What should be considered when factoring in other project deadlines?

• The number of team members

• The availability of resources

• The quality of the final product

• The length of the project

How can project managers adjust timelines to meet stakeholder expectations?

• By making trade-offs and parallel processing

• By reducing the quality of the project

• By ignoring other project deadlines

• By increasing the project budget