Exam 12: Project Management
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Exam 9: Inventory Management Fundamentals and Independent Demand84 Questions
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Exam 12: Project Management90 Questions
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Integrated change control is a key activity during the monitoring and controlling phase of a project.
(True/False)
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Following are the three time estimates for a task in a project: optimistic completion time = 2 weeks
Most likely completion time = 4 weeks
Pessimistic completion time = 7 weeks
Compute the expected time for the task.
(Multiple Choice)
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Tasks on the critical path with no slack are known as ________.
(Short Answer)
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The phase of the project in which the rate of spending typically increases is the
(Multiple Choice)
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As per the Project risk/return matrix,projects that are poor candidates have a
(Multiple Choice)
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A task in a project which is a critical task should be chosen for crashing.
(True/False)
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It has been estimated that the mean time required to complete a project is 20 weeks and the variance of project completion time is 9 weeks.So there is a 50% chance that the project can be completed in
(Multiple Choice)
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The process of reporting to see that the project plan is being followed is known as ________.
(Short Answer)
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Integrated change control is a key activity during which phase of a project?
(Multiple Choice)
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________ is a term applied to the process of managing changes to the project charter and plan.
(Short Answer)
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Developing the project management plan is a key activity during which phase of a project?
(Multiple Choice)
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If two consecutive tasks on the same path each have two days of slack,this means that each of them can be delayed by two days without delaying the project.
(True/False)
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The method for planning projects that uses shortest paths is called ________.
(Short Answer)
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The difference between the latest possible completion time and the earliest possible completion time for a project task is known as ________.
(Short Answer)
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A sequence of activities that leads from the starting node to the finishing node is called a
(Multiple Choice)
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The shortest time for completing a project task is known as ________.
(Short Answer)
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The act of determining which tasks precede and follow other tasks is known as ________.
(Short Answer)
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The latest starting time for a task is equal to the latest finish time minus the task time.
(True/False)
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As per Belbin,a person who has the strengths of being an extrovert,enthusiastic,communicative and someone who explores opportunities and develops contacts is ideal for the project team role of
(Multiple Choice)
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