Exam 12: Managing Projects

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A chart to show time lengths and sequences of project task activities was developed by?

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Briefly describe the purpose and origins of the CPM and PERT project management techniques.

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Which of the following is not a category of project management risk?

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Three activities (A, B, and C) have crash costs per hour of $75, $50, and $100, respectively. Which of these activities should be crashed first?

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An activity's early start time minus late start time is referred to as the activity's?

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Which of the following is not likely to be an example of a project?

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A(n) __________ is a temporary group activity designed to produce a unique product, service, or result.

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The cost associated with reducing an activity duration is often referred to as a crash cost.

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The second step to crash a project is?

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In the t = (a + 4m + b)/6 calculation for expected activity completion time, the b refers to?

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If an activity has a late start time of 10 and an early start time of 8, what is the activity's slack time?

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When crashing a project, we should focus on activities with the lowest __________.

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The time estimate that represents the time to complete the activity if everything goes wrong is the?

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Software that is free or open source can be acceptable for small businesses facing relatively simple projects.

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A project manager should?

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The difference between the early start and late start times and the early finish and late finish times is referred to as?

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When estimating the probability of completing a project by a given time, we often assume that project duration is distributed according to which statistical distribution?

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A temporary group activity designed to produce a unique product, service, or result is referred to as a project.

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Lack of communication among key personnel would be an example of what type of project risk?

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PERT and CPM both seek to find the ________ sequence of activities in a project.

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