Question 1

Many small incremental changes to project objectives,which in total significantly expand the scope are referred to as ________.

Accepted Answer

The answer of Many small incremental changes to project objectives,which...

Question 2

Resource allocation is an attempt to reduce the peaks and valleys in resource needs by shifting the schedules of conflicting activities within their earliest and latest start dates.

Accepted Answer

A) True 
 B)False

Question 3

In a network diagram,an "activity"

Accepted Answer

A)  is the largest unit of work effort consuming both time and resources that a project manager can Schedule and control. 
B)  is the smallest unit of work effort consuming both time and resources that a project manager can schedule and control. 
C)  should always be something the company has had experience with. 
D)  must always have a single, precise estimate for the time duration. 
A)  is the largest unit of work effort consuming both time and resources that a project manager can Schedule and control. 
B)  is the smallest unit of work effort consuming both time and resources that a project manager can schedule and control. 
C)  should always be something the company has had experience with. 
D)  must always have a single, precise estimate for the time duration.

Question 4

Why do managers want to know the slack of activities?

Accepted Answer

Managers monitor activity slack reports

Question 5

The ________ cost refers to the additional cost associated with reducing an activity time in a project network.

Accepted Answer

The answer of The ________ cost refers to the additional...

Question 6

Consider the tasks,durations,and predecessor relationships in the following network.Draw the network and answer the questions that follow.
 $$\begin{array} { | c | c | c | c | c | } 
\hline \begin{array} { c } 
\text { Activity } \
\text { Description }
\end{array} & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor(s) }
\end{array} & \begin{array} { c } 
\text { Optimistic } \
\text { (Weeks) }
\end{array} & \begin{array} { c } 
\text { Most Likely } \
\text { (Weeks) }
\end{array} & \begin{array} { c } 
\text { Pessimistic } \
\text { (Weeks) }
\end{array} \
\hline \text { A } & - \cdots & 4 & 7 & 10 \
\hline \text { B } & \text { A } & 2 & 8 & 20 \
\hline \text { C } & \text { A } & 8 & 12 & 16 \
\hline \text { D } & \text { B } & 1 & 2 & 3 \
\hline \text { E } & \text { D, C } & 6 & 8 & 22 \
\hline \text { F } & \text { C } & 2 & 3 & 4 \
\hline \text { G } & \text { F } & 2 & 2 & 2 \
\hline \text { H } & \text { F } & 6 & 8 & 10 \
\hline \text { I } & \text { E, G,H } & 4 & 8 & 12 \
\hline \text { J } & \text { I } & 1 & 2 & 3 \
\hline
\end{array}$$ 
a.What is the expected time for activity B?
b.What is the variance for activity B?
c.Based on the calculation of estimated times,what is the critical path?
d.What is the estimated time of the critical path?
e.What is the activity variance along the critical path?
f.What is the probability of completion of the project before week 42? You will need to refer to a standard normal table to answer the question.

Accepted Answer

Network diagram is below.
 a. @#LAT-DLM& Weeks
b.

Question 7

Projects often cut across organizational lines.

Accepted Answer

A) True 
 B)False

Question 8

If one activity along the critical path is delayed,the entire project will be delayed.

Accepted Answer

A) True 
 B)False

Question 9

A(n)________ chart is a project schedule that superimposes project activities,with their precedence relationships and estimated duration times,on a time line.

Accepted Answer

The answer of A(n)________ chart is a project schedule that...

Question 10

Before beginning to create a PERT/CPM network model for a project,the project must be described in general terms.Two types of information that must be defined are

Accepted Answer

A)  slack time and activities. 
B)  manpower allocation and project due date. 
C)  crash times and manpower allocation. 
D)  activities and precedence relationships. 
A)  slack time and activities. 
B)  manpower allocation and project due date. 
C)  crash times and manpower allocation. 
D)  activities and precedence relationships.

Question 11

Typically activities along the critical path have more slack than activities not on the critical path.

Accepted Answer

A) True 
 B)False

Question 12

Each activity in the work breakdown structure must have an "owner" who is responsible for doing the work.

Accepted Answer

A) True 
 B)False

Question 13

The ________ is the longest estimated time required to perform an activity.

Accepted Answer

The answer of The ________ is the longest estimated time...

Question 14

The duration of an entire project is determined by the earliest finish time (EF)for the last activity on the critical path.

Accepted Answer

A) True 
 B)False

Question 15

Table 3.1
Time (weeks)
 $$\begin{array} { | c | c | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor(s) }
\end{array} & \begin{array} { c } 
\text { Most } \
\text { Optimistic }
\end{array} & \begin{array} { c } 
\text { Most } \
\text { Likely }
\end{array} & \begin{array} { c } 
\text { Most } \
\text { Pessimistic }
\end{array} \
\hline \text { A } & - 1 & 1 & 2 & 3 \
\text { B } & \text { A } & 2 & 4 & 12 \
\text { C } & \text { A } & 1 & 2 & 3 \
\text { D } & \text { B } & 6 & 7 & 8 \
\text { E } & \text { B,C } & 10 & 12 & 14 \
\text { F } & \text { D } & 2 & 3 & 4 \
& & & & \
\text { G } & \text { E,F } & 1 & 5 & 15 \
\text { H } & \text { A } & 2 & 5 & 14 \
\hline
\end{array}$$
-Using Table 3.1,if the expected times for activities A,G,and H increased by 2,3,and 4 weeks,respectively,by how many weeks would the project's earliest expected time of completion increase?

Accepted Answer

A)  less than or equal to 2 weeks 
B)  greater than 2 weeks but less than or equal to 4 weeks 
C)  greater than 4 weeks but less than or equal to 6 weeks 
D)  greater than 6 weeks 
A)  less than or equal to 2 weeks 
B)  greater than 2 weeks but less than or equal to 4 weeks 
C)  greater than 4 weeks but less than or equal to 6 weeks 
D)  greater than 6 weeks

Question 16

Table 3.5
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor(s) }
\end{array} & \begin{array} { c } 
\text { Time } \
\text { (weeks) }
\end{array} \
\hline \text { A } & \cdots & 6 \
\text { B } & \cdots & 3 \
\text { C } & \text { A,B } & 2 \\
\text { D } & \text { A } & 6 \
\text { E } & \text { C } & 2 \
\text { F } & \text { D,E } & 2 \
\text { G } & \text { C } & 8 \
\hline
\end{array}$$
-Using Table 3.5,what is the earliest completion time of this project?

Accepted Answer

A)  less than or equal to 12 weeks 
B)  greater than 12 weeks but less than or equal to 14 weeks 
C)  greater than 14 weeks but less than or equal to 16 weeks 
D)  greater than 16 weeks 
A)  less than or equal to 12 weeks 
B)  greater than 12 weeks but less than or equal to 14 weeks 
C)  greater than 14 weeks but less than or equal to 16 weeks 
D)  greater than 16 weeks

Question 17

Table 3.7
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor } ( \mathrm { s } )
\end{array} & \begin{array} { c } 
\text { Time } \
\text { (weeks) }
\end{array} \
\hline \mathrm { A } & \cdots & 3 \
\mathrm {~B} & - \mathrm { A } \
\mathrm { C } & \cdots & 4 \\
\mathrm { D } & \mathrm { A } & 2 \
\mathrm { E } & \mathrm { A } , \mathrm { B } & 4 \
\mathrm {~F} & \mathrm {~A} , \mathrm {~B} , \mathrm { C } & 2 \\
\mathrm { G } & \mathrm { D } , \mathrm { E } & 1 \
\mathrm { H } & \mathrm { E } & 6 \
\mathrm { I } & \mathrm { E } , \mathrm { F } & 2 \\
\mathrm {~J} & \mathrm { G } , \mathrm { H } , \mathrm { I } & 4 \
\mathrm {~K} & \mathrm { H } , \mathrm { I } & 3 \
\mathrm {~L} & \mathrm { I } & 6 \
\hline
\end{array}$$
-Using Table 3.7,suppose activity D can be shortened from 4 weeks to 1 week.Assume all other activity times remain the same.How much shorter will the total project earliest completion time become?

Accepted Answer

A)  0 weeks 
B)  1 week 
C)  2 weeks 
D)  3 weeks 
A)  0 weeks 
B)  1 week 
C)  2 weeks 
D)  3 weeks

Question 18

Table 3.7
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor } ( \mathrm { s } )
\end{array} & \begin{array} { c } 
\text { Time } \
\text { (weeks) }
\end{array} \
\hline \mathrm { A } & \cdots & 3 \
\mathrm {~B} & - \mathrm { A } \
\mathrm { C } & \cdots & 4 \\
\mathrm { D } & \mathrm { A } & 2 \
\mathrm { E } & \mathrm { A } , \mathrm { B } & 4 \
\mathrm {~F} & \mathrm {~A} , \mathrm {~B} , \mathrm { C } & 2 \\
\mathrm { G } & \mathrm { D } , \mathrm { E } & 1 \
\mathrm { H } & \mathrm { E } & 6 \
\mathrm { I } & \mathrm { E } , \mathrm { F } & 2 \\
\mathrm {~J} & \mathrm { G } , \mathrm { H } , \mathrm { I } & 4 \
\mathrm {~K} & \mathrm { H } , \mathrm { I } & 3 \
\mathrm {~L} & \mathrm { I } & 6 \
\hline
\end{array}$$
-Using Table 3.7,what is the latest start time for activity A?

Accepted Answer

A)  Week 0 
B)  Week 1 
C)  Week 2 
D)  Week 3 or later 
A)  Week 0 
B)  Week 1 
C)  Week 2 
D)  Week 3 or later

Question 19

The probability that a project will be completed by its earliest expected completion date is

Accepted Answer

A)  50 percent. 
B)  95 percent. 
C)  100 percent. 
D)  impossible to determine. 
A)  50 percent. 
B)  95 percent. 
C)  100 percent. 
D)  impossible to determine.

Question 20

Table 3.3
 $$\begin{array} { | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Immediate } \
\text { Predecessor(s) }
\end{array} & \begin{array} { c } 
\text { Time } \
\text { (weeks) }
\end{array} \
\hline \text { A } & \cdots & 3 \
\text { B } & \cdots & 3 \
\text { C } & \cdots & 3 \
\text { D } & \text { B } & 4 \
\text { E } & \text { A,C } & 4 \
\text { F } & \text { B } & 4 \
\text { G } & & \
\text { H } & \text { E } & 5 \
\text { I } & \text { E } & 5 \
\hline
\end{array}$$
-Using Table 3.3,what is the largest amount of slack that any activity in the project has?

Accepted Answer

A)  0 weeks 
B)  1 week 
C)  2 weeks 
D)  3 or more weeks 
A)  0 weeks 
B)  1 week 
C)  2 weeks 
D)  3 or more weeks

Many small incremental changes to project objectives,which in total significantly expand the scope are referred to as ________.

Resource allocation is an attempt to reduce the peaks and valleys in resource needs by shifting the schedules of conflicting activities within their earliest and latest start dates.

In a network diagram,an "activity"

Why do managers want to know the slack of activities?

The ________ cost refers to the additional cost associated with reducing an activity time in a project network.

Projects often cut across organizational lines.

If one activity along the critical path is delayed,the entire project will be delayed.

A(n)________ chart is a project schedule that superimposes project activities,with their precedence relationships and estimated duration times,on a time line.

Before beginning to create a PERT/CPM network model for a project,the project must be described in general terms.Two types of information that must be defined are

Typically activities along the critical path have more slack than activities not on the critical path.

Each activity in the work breakdown structure must have an "owner" who is responsible for doing the work.

The ________ is the longest estimated time required to perform an activity.

The duration of an entire project is determined by the earliest finish time (EF)for the last activity on the critical path.

Table 3.5 Activity Immediate Predecessor(s) Time (weeks) A \@cdots 6 B \@cdots 3 C A,B 2 D A 6 E C 2 F D,E 2 G C 8 -Using Table 3.5,what is the earliest completion time of this project?

Table 3.7 Activity Immediate Predecessor () Time (weeks) \@cdots 3 - \@cdots 4 2 , 4 ,, 2 , 1 6 , 2 ,, 4 , 3 6 -Using Table 3.7,what is the latest start time for activity A?

The probability that a project will be completed by its earliest expected completion date is

Table 3.3 Activity Immediate Predecessor(s) Time (weeks) A \@cdots 3 B \@cdots 3 C \@cdots 3 D B 4 E A,C 4 F B 4 G H E 5 I E 5 -Using Table 3.3,what is the largest amount of slack that any activity in the project has?

Creating Customer Value through Operations

Supply Chain Management

Process Configuration

Capacity

Inventory Management

Quality and Process Improvement

Lean Systems

Location and Layout

Managing Demand and Forecasting

Operations Planning and Scheduling

Resource Planning

Decision Making

Financial Analysis

Work Measurement

Learning Curve Analysis

Computer-Integrated Manufacturing

Acceptance Sampling Plans

Simulation

Special Inventory Models

Linear Programming

Waiting Lines

Filters

Exam 8: Managing Projects

Many small incremental changes to project objectives,which in total significantly expand the scope are referred to as ________.

Resource allocation is an attempt to reduce the peaks and valleys in resource needs by shifting the schedules of conflicting activities within their earliest and latest start dates.

In a network diagram,an "activity"

Why do managers want to know the slack of activities?

The ________ cost refers to the additional cost associated with reducing an activity time in a project network.

Projects often cut across organizational lines.

If one activity along the critical path is delayed,the entire project will be delayed.

A(n)________ chart is a project schedule that superimposes project activities,with their precedence relationships and estimated duration times,on a time line.

Before beginning to create a PERT/CPM network model for a project,the project must be described in general terms.Two types of information that must be defined are

Typically activities along the critical path have more slack than activities not on the critical path.

Each activity in the work breakdown structure must have an "owner" who is responsible for doing the work.

The ________ is the longest estimated time required to perform an activity.

The duration of an entire project is determined by the earliest finish time (EF)for the last activity on the critical path.

Table 3.5 Activity Immediate Predecessor(s) Time (weeks) A \@cdots 6 B \@cdots 3 C A,B 2 D A 6 E C 2 F D,E 2 G C 8 -Using Table 3.5,what is the earliest completion time of this project?

Table 3.7 Activity Immediate Predecessor () Time (weeks) \@cdots 3 - \@cdots 4 2 , 4 ,, 2 , 1 6 , 2 ,, 4 , 3 6 -Using Table 3.7,what is the latest start time for activity A?

The probability that a project will be completed by its earliest expected completion date is

Table 3.3 Activity Immediate Predecessor(s) Time (weeks) A \@cdots 3 B \@cdots 3 C \@cdots 3 D B 4 E A,C 4 F B 4 G H E 5 I E 5 -Using Table 3.3,what is the largest amount of slack that any activity in the project has?

Creating Customer Value through Operations

Supply Chain Management

Process Configuration

Capacity

Inventory Management

Quality and Process Improvement

Lean Systems

Location and Layout

Managing Demand and Forecasting

Operations Planning and Scheduling

Resource Planning

Decision Making

Financial Analysis

Work Measurement

Learning Curve Analysis

Computer-Integrated Manufacturing

Acceptance Sampling Plans

Simulation

Special Inventory Models

Linear Programming

Waiting Lines

Filters