Exam 8: Managing Projects

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Total slack for an activity is calculated by adding up the time required to complete all activities that follow the activity in the project.

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________ simply adds more of an overloaded resource to maintain the schedule of an activity.

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Activity slack refers to how much time an activity's completion time must be reduced by in order to shorten the critical path.

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Activity slack is defined as

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What options do project managers have to alleviate resource problems? Briefly describe each method.

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Explain what the close out phase of the project life cycle involves.

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The work breakdown structure is a statement of all work that has to be completed.

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There are major differences between the program evaluation and review technique (PERT)and the critical path method (CPM)for network planning.

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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,if the expected time for activity B is changed to 18 weeks,by how many weeks will the project's expected completion time increase?

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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,which activity is on the critical path?

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A precedence relationship specifies that one activity cannot start until a preceding activity has been completed.

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A precedence relationship specifies that one activity cannot start until a preceding activity has been started.

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An activity is the largest unit of work effort.

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