Question 1

Slack represents the amount of time an activity can be delayed without delaying the project completion time.

Accepted Answer

A) True 
 B)False

Question 2

Using Table 9.2,the expected time to complete the project is

Accepted Answer

A) 34.17 weeks. 
B) 33.23 weeks. 
C) 31.00 weeks. 
D) 21.67 weeks. 
A) 34.17 weeks. 
B) 33.23 weeks. 
C) 31.00 weeks. 
D) 21.67 weeks.

Question 3

Which of the following statements is generally true regarding the relationship between project crashing costs and indirect costs?

Accepted Answer

A) Both crashing costs and indirect costs are highest when the project is shortened. 
B) Only indirect costs increase when the project is shortened. 
C) Both are unaffected by the length of the project. 
D) Crashing costs increase when the project is shortened while indirect costs decrease when the project is shortened. 
A) Both crashing costs and indirect costs are highest when the project is shortened. 
B) Only indirect costs increase when the project is shortened. 
C) Both are unaffected by the length of the project. 
D) Crashing costs increase when the project is shortened while indirect costs decrease when the project is shortened.

Question 4

A project's duration can be reduced by crashing activities on the critical path.

Accepted Answer

A) True 
 B)False

Question 5

The estimated mean time for an activity with a most likely time (m)equal to 11 days,the optimistic time (a)equal to 6 days,and the pessimistic time (b)equal to 18 days is

Accepted Answer

A) 9.67 days. 
B) 11 days. 
C) 11.33 days. 
D) 11.67 days. 
A) 9.67 days. 
B) 11 days. 
C) 11.33 days. 
D) 11.67 days.

Question 6

What is a scope statement?

Accepted Answer

The scope statement is a document that p

Question 7

Global projects rarely are concerned with cultural differences among team members because English is the universal business language.

Accepted Answer

A) True 
 B)False

Question 8

A Gantt chart provides a visual display of the project schedule that includes scheduled start times,finish times and available slack.

Accepted Answer

A) True 
 B)False

Question 9

The slack time for an activity can be computed as

Accepted Answer

A) latest start time (LS)- latest finish time (LF). 
B) earliest start time (ES)+ earliest finish time (EF). 
C) latest start time (LS)- earliest start time (ES). 
D) latest finish time (LF)+ earliest finish time (EF). 
A) latest start time (LS)- latest finish time (LF). 
B) earliest start time (ES)+ earliest finish time (EF). 
C) latest start time (LS)- earliest start time (ES). 
D) latest finish time (LF)+ earliest finish time (EF).

Question 10

In general,projects are subject to less uncertainty than other types of processes.

Accepted Answer

A) True 
 B)False

Question 11

A ___ breaks down a project into components,subcomponents,activities,and tasks.

Accepted Answer

A) work breakdown structure (WBS) 
B) scope statement 
C) responsibility assignment matrix (RAM) 
D) organizational breakdown structure (OBS) 
A) work breakdown structure (WBS) 
B) scope statement 
C) responsibility assignment matrix (RAM) 
D) organizational breakdown structure (OBS)

Question 12

Issues of cultural diversity in project management should only be addressed if and when they arise.

Accepted Answer

A) True 
 B)False

Question 13

A project consists of the following four activities with activity times in days: Table 9.3
  Using Table 9.3,the earliest finish (EF)time for activity C is

Accepted Answer

A) 4 days. 
B) 6 days. 
C) 10 days. 
D) 11 days. 
A) 4 days. 
B) 6 days. 
C) 10 days. 
D) 11 days.

Question 14

Briefly discuss project management and what it involves.

Accepted Answer

Project management is the management of

Question 15

Management and control of a companywide portfolio of projects is known as enterprise project management.

Accepted Answer

A) True 
 B)False

Question 16

The key elements of project control includes all the following except

Accepted Answer

A) time management. 
B) cost management. 
C) material management. 
D) communication. 
A) time management. 
B) cost management. 
C) material management. 
D) communication.

Question 17

The three major components of project management include planning,scheduling,and costing.

Accepted Answer

A) True 
 B)False

Question 18

Using Table 9.2,how much slack is associated with activity C?

Accepted Answer

A) 0 weeks. 
B) 4.50 weeks. 
C) 12.67 weeks. 
D) 31.00 weeks. 
A) 0 weeks. 
B) 4.50 weeks. 
C) 12.67 weeks. 
D) 31.00 weeks.

Question 19

Because the critical path is the shortest path through a network it defines the minimum project completion time.

Accepted Answer

A) True 
 B)False

Question 20

In project management,the term slack refers to the amount of time

Accepted Answer

A) to complete an activity without delaying the project. 
B) an activity can be delayed without delaying the project. 
C) needed to complete the entire project. 
D) required to complete the project's critical activities. 
A) to complete an activity without delaying the project. 
B) an activity can be delayed without delaying the project. 
C) needed to complete the entire project. 
D) required to complete the project's critical activities.

Exam 12: Project Management

Slack represents the amount of time an activity can be delayed without delaying the project completion time.

Using Table 9.2,the expected time to complete the project is

Which of the following statements is generally true regarding the relationship between project crashing costs and indirect costs?

A project's duration can be reduced by crashing activities on the critical path.

The estimated mean time for an activity with a most likely time (m)equal to 11 days,the optimistic time (a)equal to 6 days,and the pessimistic time (b)equal to 18 days is

What is a scope statement?

Global projects rarely are concerned with cultural differences among team members because English is the universal business language.

A Gantt chart provides a visual display of the project schedule that includes scheduled start times,finish times and available slack.

The slack time for an activity can be computed as

In general,projects are subject to less uncertainty than other types of processes.

A ___ breaks down a project into components,subcomponents,activities,and tasks.

Issues of cultural diversity in project management should only be addressed if and when they arise.

A project consists of the following four activities with activity times in days: Table 9.3 Using Table 9.3,the earliest finish (EF)time for activity C is

Briefly discuss project management and what it involves.

Management and control of a companywide portfolio of projects is known as enterprise project management.

The key elements of project control includes all the following except

The three major components of project management include planning,scheduling,and costing.

Using Table 9.2,how much slack is associated with activity C?

Because the critical path is the shortest path through a network it defines the minimum project completion time.

In project management,the term slack refers to the amount of time

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