Question 1

The difference between EST and LFT is called slack.

Accepted Answer

A) True 
 B)False  False

Question 2

The simulation approach is generally preferred over the statistical method.

Accepted Answer

A) True 
 B)False  True

Question 3

It is easiest to see lead and lag time in a project task on a PERT/CPM networks.

Accepted Answer

A) True 
 B)False  False

Question 4

Milestones are not depended upon the predecessor activities in the project plan.

Accepted Answer

A) True 
 B)False

Question 5

"Merger" is a term used to describe the situation in which two or more paths in a network join together.

Accepted Answer

A) True 
 B)False

Question 6

What is the expected time to complete a task with an optimistic, most likely, and pessimistic times of 3, 4, and 7 days respectively?

Accepted Answer

A)  3 
B)  4 
C)  4.3 
D)  4.7 
E)  7 
A)  3 
B)  4 
C)  4.3 
D)  4.7 
E)  7

Question 7

What is a merger and what problems do mergers create?

Accepted Answer

The term merger is used to describe a si

Question 8

Technical dependencies are generally easier to see on a Gantt chart than on PERT/CPM networks.

Accepted Answer

A) True 
 B)False

Question 9

The difference between LST and LFT is called slack.

Accepted Answer

A) True 
 B)False

Question 10

A big advantage of AON networks is that they are easier to draw.

Accepted Answer

A) True 
 B)False

Question 11

Nessage Mique, a niche fashion boutique, displays its production process by using a network of nodes and arrows. The nodes are used to depict the state of completion of various activities and the arrows are used to depict their order of precedence. Which of the following project networks is Nessage Mique using in the given scenario?

Accepted Answer

A)  An event-on-arrow network 
B)  A time-on-arrow network 
C)  An activity-on-node network 
D)  A time-on-node network 
E)  An activity-on-arrow network 
A)  An event-on-arrow network 
B)  A time-on-arrow network 
C)  An activity-on-node network 
D)  A time-on-node network 
E)  An activity-on-arrow network

Question 12

Minkset Blu, a textile company, wants to improve its sales over a span of four years. In the first year, the company installs new looming machines that improve the production cost. However, it takes two years for the company to establish a liaison with online retailers to improve the accessibility of its products. This delays the company's goal of improving sales by a year. In the context of the language of the Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM), the set of activities that cause the delay are part of _____.

Accepted Answer

A)  the Smith chart 
B)  the Portolan chart 
C)  the critical path 
D)  the throughput process 
E)  the control chart 
A)  the Smith chart 
B)  the Portolan chart 
C)  the critical path 
D)  the throughput process 
E)  the control chart

Question 13

Standard Pert/CPM networks can be use to resolve probabilistic concerns.

Accepted Answer

A) True 
 B)False

Question 14

The difference between the LST and EST is called slack.

Accepted Answer

A) True 
 B)False

Question 15

The tasks of project planning, project budgeting, and project scheduling are largely separable from one another.

Accepted Answer

A) True 
 B)False

Question 16

Critical path tasks always have zero slack.

Accepted Answer

A) True 
 B)False

Question 17

Slack is calculated as?

Accepted Answer

A)  LFT - EST 
B)  LFT - LST 
C)  LST - LFT 
D)  LFT - EFT 
E)  EFT - EST 
A)  LFT - EST 
B)  LFT - LST 
C)  LST - LFT 
D)  LFT - EFT 
E)  EFT - EST

Question 18

The start-to-finish linkage is used in situations where is it desirable for two or more activities to finish at the same time.

Accepted Answer

A) True 
 B)False

Question 19

A disadvantage of Gantt charts is that they are hard to draw.

Accepted Answer

A) True 
 B)False

Question 20

A project schedule is a project action plan converted into a timetable.

Accepted Answer

A) True 
 B)False

The difference between EST and LFT is called slack.

The simulation approach is generally preferred over the statistical method.

It is easiest to see lead and lag time in a project task on a PERT/CPM networks.

Milestones are not depended upon the predecessor activities in the project plan.

"Merger" is a term used to describe the situation in which two or more paths in a network join together.

What is the expected time to complete a task with an optimistic, most likely, and pessimistic times of 3, 4, and 7 days respectively?

What is a merger and what problems do mergers create?

Technical dependencies are generally easier to see on a Gantt chart than on PERT/CPM networks.

The difference between LST and LFT is called slack.

A big advantage of AON networks is that they are easier to draw.

Standard Pert/CPM networks can be use to resolve probabilistic concerns.

The difference between the LST and EST is called slack.

The tasks of project planning, project budgeting, and project scheduling are largely separable from one another.

Critical path tasks always have zero slack.

Slack is calculated as?

The start-to-finish linkage is used in situations where is it desirable for two or more activities to finish at the same time.

A disadvantage of Gantt charts is that they are hard to draw.

A project schedule is a project action plan converted into a timetable.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters

Exam 5: Scheduling the Project

The difference between EST and LFT is called slack.

The simulation approach is generally preferred over the statistical method.

It is easiest to see lead and lag time in a project task on a PERT/CPM networks.

Milestones are not depended upon the predecessor activities in the project plan.

"Merger" is a term used to describe the situation in which two or more paths in a network join together.

What is the expected time to complete a task with an optimistic, most likely, and pessimistic times of 3, 4, and 7 days respectively?

What is a merger and what problems do mergers create?

Technical dependencies are generally easier to see on a Gantt chart than on PERT/CPM networks.

The difference between LST and LFT is called slack.

A big advantage of AON networks is that they are easier to draw.

Standard Pert/CPM networks can be use to resolve probabilistic concerns.

The difference between the LST and EST is called slack.

The tasks of project planning, project budgeting, and project scheduling are largely separable from one another.

Critical path tasks always have zero slack.

Slack is calculated as?

The start-to-finish linkage is used in situations where is it desirable for two or more activities to finish at the same time.

A disadvantage of Gantt charts is that they are hard to draw.

A project schedule is a project action plan converted into a timetable.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters