what is hammock,hanger,reserve analysis and concur...

Discussion in 'Other Project Management Courses' started by arjun_31, May 12, 2016.

  1. arjun_31

    arjun_31 Member

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    what is hammock,hanger,reserve analysis and concurrent engineering?
    There was no detailed explanation regarding this, but was there for the quiz in this lesson?
     
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  2. AmerNatarajan

    AmerNatarajan Well-Known Member
    Simplilearn Support Alumni

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    Hi,

    could you please let us know which course and module your referring to so that we can have our SME assist you on the same.
     
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  3. arjun_31

    arjun_31 Member

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    CAPM , Lesson 6 ,Project time management..

    All these were in the options ,during quiz
     
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  4. B K S Prasad

    B K S Prasad Well-Known Member
    Simplilearn Support Alumni Trainer

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    Concurrent Engineering is stages of project which are carried out simultaneously which is like fast tracking.
    The activities within the network diagram will have predecessor and successor except for the activities which are in the beginning and the activities which are in the end. These activities will be having hanger and this the terminology typically used.
    Reserve analysis is carried out based on the risk management to comeout with contingency and management reserves
    Hammock is group of related activities which form a summary activity or the work package.

    The question is asking for hammock activity.
    Go through slides, video and the refer the books for more detailed explanation for those terminology.
     
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