Exam 12: Managing Projects

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All critical path activities have a slack time greater than zero.

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False

Which of the following activities would likely be the best candidate for crashing?

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C

When evaluating a project risk, the project team should consider all of the following except?

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B

A project's critical path is the?

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The bars in a Gantt chart show?

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Poor supplier selection is an example of what type of project risk?

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An activity has a normal duration of 4 hours and a crash time of 4 hours. How much crash time is available for this activity?

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The longest sequence of activities in a project is referred to as the?

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CPM, in a project management context, refers to the Critical Path Method.

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Project risks that are either inside or outside of company control such as software integration problems are referred to as?

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The fourth step in both the CPM and PERT approaches is?

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The ___________ activity completion time could occur if "things go badly" with the activity.

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Approximately what fraction of new software projects fail due to poor project planning?

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Briefly summarize the Critical Path Method.

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HyperOffice is an example of a cloud-based project management software solution.

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Modern concerns of project managers include all of the following except?

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A(n) ________ plan is developed to assess and manage project risks.

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An activity with a slack time greater than zero?

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The access to and delivery of information on an as-needed basis for a subscription fee is referred to as?

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A noncritical path activity?

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