Question 1

The student syndrome of wasting extra safety time can be described as:

Accepted Answer

A) lack of motivation. 
B) procrastination. 
C) failure to communicate. 
D) lack of comprehension. 
A) lack of motivation. 
B) procrastination. 
C) failure to communicate. 
D) lack of comprehension.

Question 2

Subcontractor deliveries are difficult to schedule with the critical chain project methodology because:

Accepted Answer

A) the project manager cannot force subcontractors to use this project management approach. 
B) the feeder buffers for a subcontractor are as much as 50% shorter than for an employee or internal team. 
C) subcontractors routinely operate according to calendar delivery dates. 
D) the corporate culture of "no blame" does not naturally extend to subcontractors. 
A) the project manager cannot force subcontractors to use this project management approach. 
B) the feeder buffers for a subcontractor are as much as 50% shorter than for an employee or internal team. 
C) subcontractors routinely operate according to calendar delivery dates. 
D) the corporate culture of "no blame" does not naturally extend to subcontractors.

Question 3

Why aren't both negative and positive project variation passed along a project network path?

Accepted Answer

Delays in project activity (negative var

Question 4

A project consists of three activities with information as shown in the table.What is the overall standard deviation of the project?

Accepted Answer

A) 24 
B) 18 
C) 8.41 
D) 4.24 
A) 24 
B) 18 
C) 8.41 
D) 4.24

Question 5

CCPM advocates modification of the project schedule from an early-start to a(n)________ approach.

Accepted Answer

The answer of CCPM advocates modification of the project schedule...

Question 6

In applying the principle of common cause variation to the theory of CCPM,it is important to:

Accepted Answer

A) not make adjustments to projects when the variation in project performance lies within the range of common-cause variance. 
B) immediately call meetings for all key stakeholders if common cause variation is detected. 
C) include special cause variation in project risk simulation since there is a chance it may occur. 
D) perform risk management on aggregated project risks. 
A) not make adjustments to projects when the variation in project performance lies within the range of common-cause variance. 
B) immediately call meetings for all key stakeholders if common cause variation is detected. 
C) include special cause variation in project risk simulation since there is a chance it may occur. 
D) perform risk management on aggregated project risks.

Question 7

A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's model to determine the aggregated buffer of one standard deviation for this project.

Accepted Answer

A) 31 days 
B) 16 days 
C) 8 days 
D) 5 days 
A) 31 days 
B) 16 days 
C) 8 days 
D) 5 days

Question 8

A project consists of three activities with information as shown in the table.What is the overall variance of the project?

Accepted Answer

A) 4.24 
B) 8.41 
C) 18 
D) 24 
A) 4.24 
B) 8.41 
C) 18 
D) 24

Question 9

The term capacity constraint buffer refers to a safety margin separating different tasks scheduled to use the same resource.

Accepted Answer

A) True 
 B)False

Question 10

Your next project consists of 8 consecutive 8-day activities,each estimated by a different worker in your organization.Your organizational culture dictates that you add your own safety margin of 3 days into your estimates.Unbeknownst to you,the project manager has recently converted to a critical chain project management view.The project manager knows perfectly well what sorts of games are played with activity estimates and she knows exactly how much activity padding takes place.What will the overall project safety margin be once the project manager reviews your estimates and makes the project schedule?

Accepted Answer

A) 12 days 
B) 6 days 
C) 18 days 
D) 9 days 
A) 12 days 
B) 6 days 
C) 18 days 
D) 9 days

Question 11

Successful implementation of CCPM depends on first:

Accepted Answer

A) identifying the critical chain that meanders through the project organization's portfolio of projects. 
B) identifying the constraint that holds hostage the project organization's other resources. 
C) examining and changing the culture of the project organization. 
D) exploiting the drum by using it to subordinate the existing PERT network. 
A) identifying the critical chain that meanders through the project organization's portfolio of projects. 
B) identifying the constraint that holds hostage the project organization's other resources. 
C) examining and changing the culture of the project organization. 
D) exploiting the drum by using it to subordinate the existing PERT network.

Question 12

Both positive and negative variations are usually passed downstream during a project.

Accepted Answer

A) True 
 B)False

Question 13

A project is represented by the activity durations (estimated at 90% likelihood of completion)and precedence requirements shown in the table.What is the length of the project buffer if this project is managed using critical chain methodology?

Accepted Answer

A) 4.5 
B) 11.5 
C) 20.5 
D) 16 
A) 4.5 
B) 11.5 
C) 20.5 
D) 16

Question 14

People have a tendency to focus on responsibilities with long end-date completions and minimize the importance of more near-term deadlines.

Accepted Answer

A) True 
 B)False

Question 15

Which statement about critical chain project management is best?

Accepted Answer

A) CCPM is a complete solution to current project management scheduling needs. 
B) In a multi-project environment where resources are shared,it is impossible to avoid multitasking. 
C) There is substantial large-scale empirical research that confirms the efficacy of CCPM. 
D) Lack of milestones within CCPM make coordination with external suppliers and subcontractors much easier. 
A) CCPM is a complete solution to current project management scheduling needs. 
B) In a multi-project environment where resources are shared,it is impossible to avoid multitasking. 
C) There is substantial large-scale empirical research that confirms the efficacy of CCPM. 
D) Lack of milestones within CCPM make coordination with external suppliers and subcontractors much easier.

Question 16

A project consists of three activities with information as shown in the table.What is the overall standard deviation of the project?

Accepted Answer

A) 8.00 
B) 4.24 
C) 2.82 
D) 5.56 
A) 8.00 
B) 4.24 
C) 2.82 
D) 5.56

Question 17

List any three criticisms of critical chain project management and rank them in order from the greatest to smallest threat to universal adoption of CCPM.

Accepted Answer

Answers will vary with respect to rankin

Question 18

What are the formal steps to apply CCPM to multiple project portfolios?

Accepted Answer

The formal steps necessary to apply CCPM

Question 19

The best thing a project manager can do when noticing common cause variation in a project's monthly budget summary is to:

Accepted Answer

A) call another meeting and brainstorm causes for the variance. 
B) call the workers responsible for the variance into the office and dismiss them immediately. 
C) do nothing. 
D) call the suppliers responsible for the increased cost and negotiate lower material costs. 
A) call another meeting and brainstorm causes for the variance. 
B) call the workers responsible for the variance into the office and dismiss them immediately. 
C) do nothing. 
D) call the suppliers responsible for the increased cost and negotiate lower material costs.

Question 20

A complex project concludes with three paths merging into a final activity,after which the project is completed.Two of these paths are non-critical and have been managed effectively,with slack remaining.The critical path has also been managed well and is on time entering the merge node.Which statement is best?

Accepted Answer

A) The merge activity will eliminate the positive slack. 
B) The slack will remain with the project unless the final activity is delayed. 
C) The critical path method accounts for path convergence. 
D) The critical path method tends to overestimate project durations. 
A) The merge activity will eliminate the positive slack. 
B) The slack will remain with the project unless the final activity is delayed. 
C) The critical path method accounts for path convergence. 
D) The critical path method tends to overestimate project durations.

The student syndrome of wasting extra safety time can be described as:

Subcontractor deliveries are difficult to schedule with the critical chain project methodology because:

Why aren't both negative and positive project variation passed along a project network path?

A project consists of three activities with information as shown in the table.What is the overall standard deviation of the project?

CCPM advocates modification of the project schedule from an early-start to a(n)________ approach.

In applying the principle of common cause variation to the theory of CCPM,it is important to:

A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's model to determine the aggregated buffer of one standard deviation for this project.

A project consists of three activities with information as shown in the table.What is the overall variance of the project?

The term capacity constraint buffer refers to a safety margin separating different tasks scheduled to use the same resource.

Successful implementation of CCPM depends on first:

Both positive and negative variations are usually passed downstream during a project.

A project is represented by the activity durations (estimated at 90% likelihood of completion)and precedence requirements shown in the table.What is the length of the project buffer if this project is managed using critical chain methodology?

People have a tendency to focus on responsibilities with long end-date completions and minimize the importance of more near-term deadlines.

Which statement about critical chain project management is best?

A project consists of three activities with information as shown in the table.What is the overall standard deviation of the project?

List any three criticisms of critical chain project management and rank them in order from the greatest to smallest threat to universal adoption of CCPM.

What are the formal steps to apply CCPM to multiple project portfolios?

The best thing a project manager can do when noticing common cause variation in a project's monthly budget summary is to:

Introduction: Why Project Management

The Organizational Context: Strategy, structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, duration Estimation, and Critical Path

Project Scheduling: Lagging, crashing, and Activity Networks

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters

Exam 11: Critical Chain Project Scheduling

The student syndrome of wasting extra safety time can be described as:

Subcontractor deliveries are difficult to schedule with the critical chain project methodology because:

Why aren't both negative and positive project variation passed along a project network path?

A project consists of three activities with information as shown in the table.What is the overall standard deviation of the project?

CCPM advocates modification of the project schedule from an early-start to a(n)________ approach.

In applying the principle of common cause variation to the theory of CCPM,it is important to:

A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's model to determine the aggregated buffer of one standard deviation for this project.

A project consists of three activities with information as shown in the table.What is the overall variance of the project?

The term capacity constraint buffer refers to a safety margin separating different tasks scheduled to use the same resource.

Successful implementation of CCPM depends on first:

Both positive and negative variations are usually passed downstream during a project.

A project is represented by the activity durations (estimated at 90% likelihood of completion)and precedence requirements shown in the table.What is the length of the project buffer if this project is managed using critical chain methodology?

People have a tendency to focus on responsibilities with long end-date completions and minimize the importance of more near-term deadlines.

Which statement about critical chain project management is best?

A project consists of three activities with information as shown in the table.What is the overall standard deviation of the project?

List any three criticisms of critical chain project management and rank them in order from the greatest to smallest threat to universal adoption of CCPM.

What are the formal steps to apply CCPM to multiple project portfolios?

The best thing a project manager can do when noticing common cause variation in a project's monthly budget summary is to:

Introduction: Why Project Management

The Organizational Context: Strategy, structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, duration Estimation, and Critical Path

Project Scheduling: Lagging, crashing, and Activity Networks

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters