Exam 8: Managing Projects

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The earliest start time for an activity is equal to the

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Table 3.1 Time (weeks) Activity Immediate Predecessor(s) Most Optimistic Most Likely Most Pessimistic A -1 1 2 3 B A 2 4 12 C A 1 2 3 D B 6 7 8 E B,C 10 12 14 F D 2 3 4 G E,F 1 5 15 H A 2 5 14 -Using Table 3.1,what is the earliest expected time of completion of the whole project?

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________ is the maximum length of time that an activity can be delayed without delaying the entire project.

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Table 3.2 Time (days) Activity Immediate Predecessor(s) Most Optimistic Most Likely Most Pessimistic A \@cdots 2 4 6 B \@cdots 1 4 7 C A 2 2 2 D B 1 7 10 E D 2 4 6 F E 1 2 3 G C 3 4 17 H D, G 3 7 11 I D 8 9 10 J F,H 4 5 6 K I 1 1 1 -Using Table 3.2,what is the earliest expected time of completion of the whole project?

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An activity that includes writing final reports,completing remaining deliverables,and compiling the team's recommendations for improving the project process is called ________.

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Project managers should be able to organize a set of disparate activities.

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Why is knowing the critical path in a project important?

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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,how many weeks can activity B be delayed without changing the whole project's earliest completion time?

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Table 3.6 Activity Immediate Predecessor(s) Time (weeks) A \@cdots 3 B \@cdots 9 C \@cdots 10 D A 4 E B 12 F C 5 G B,D 6 H E,F 7 I H 8 -Using Table 3.6,what is the slack for activity G?

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Explain what it means to crash activities within a project.

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The correct sequence of the four major phases in projects life cycle is; organization,planning,execution and closeout.

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Table 3.9 All activity times for the project are in weeks. Activity Optimistic Time Most Likely Time Pessimistic Time Immediate Predecessor(s) A 3 4 5 \@cdots B 5 7 9 - C 2 3 10 A D 2 5 8 B E 1 7 7 B F 3 5 7 C,D G 7 8 9 D,E H 2 6 10 F -Using Table 3.9,what is the probability that the project will be completed in 24 weeks or less? You will need to refer to a standard normal table to answer the question.

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The critical path method (CPM)is a network planning method initially developed as a means to schedule maintenance shutdowns at chemical plants.

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Table 3.9 All activity times for the project are in weeks. Activity Optimistic Time Most Likely Time Pessimistic Time Immediate Predecessor(s) A 3 4 5 \@cdots B 5 7 9 - C 2 3 10 A D 2 5 8 B E 1 7 7 B F 3 5 7 C,D G 7 8 9 D,E H 2 6 10 F -Using Table 3.9,what is the expected time of completion of the project?

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Which one of the following situations is more appropriate for the application of project management?

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Table 3.10 You are responsible for managing a project with the following activities (times are given in weeks). Activity Optimistic Time Most Likely Time Pessimistic Time Immediate Predecessor(s) A 2 5 14 \@cdots B 8 11 14 \@cdots C 5 7 9 A D 6 9 12 A E 1 3 5 D,B -Using Table 3.10,what is the critical path and expected completion time for this project?

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Changes to the scope of a project inevitably decrease costs.

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Which of the following statements concerning the critical path in project network is FALSE?

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Scope creep refers to all activities that have yet to be completed in a project.

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Table 3.13 You are responsible for managing a project with the following activities (times are given in weeks). Activity Expected Time Immediate Predecessor () 8 \@cdots- B 10 - C 7 A,B D 5 B E 12 C F 7 C,D G 6 E,F H 10 F -Using Table 3.13,what is the critical path and the expected completion time for this project?

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