Question 1

In a large and complex project, all of the following should be tracked and updated except?

Accepted Answer

A)  Team member tasks 
B)  Quality considerations 
C)  Costs 
D)  Marketing plans 
A)  Team member tasks 
B)  Quality considerations 
C)  Costs 
D)  Marketing plans

Question 2

Unrealistic activity time estimations would be an example of what type of project risk?

Accepted Answer

A)  External 
B)  Operational 
C)  Cost 
D)  Schedule 
A)  External 
B)  Operational 
C)  Cost 
D)  Schedule

Question 3

Which of the following is widely used for large/complex projects with far-flung participants?

Accepted Answer

A)  Fax-based communication systems 
B)  Project management software 
C)  Open-source project management tools 
D)  Projects do not typically have participants that are located far from each other 
A)  Fax-based communication systems 
B)  Project management software 
C)  Open-source project management tools 
D)  Projects do not typically have participants that are located far from each other

Question 4

A project's activities and the relationships between the activities can be visually represented by an?

Accepted Answer

A)  Activity threshold 
B)  Activity network 
C)  Activity path 
D)  Activity route 
A)  Activity threshold 
B)  Activity network 
C)  Activity path 
D)  Activity route

Question 5

Unexpected events that may lead to missed project completion times or cost overruns are referred to as?

Accepted Answer

A)  Project adversity 
B)  Project danger 
C)  Project risk 
D)  Project complexity 
A)  Project adversity 
B)  Project danger 
C)  Project risk 
D)  Project complexity

Question 6

Many free software products are also known as?

Accepted Answer

A)  Open source 
B)  Closed source 
C)  Restricted access 
D)  Limited access 
A)  Open source 
B)  Closed source 
C)  Restricted access 
D)  Limited access

Question 7

When crashing a project, the project manager should focus on?

Accepted Answer

A)  Noncritical activities 
B)  Lowest crash cost noncritical activities 
C)  Critical activities 
D)  Lowest crash cost critical activities 
A)  Noncritical activities 
B)  Lowest crash cost noncritical activities 
C)  Critical activities 
D)  Lowest crash cost critical activities

Question 8

An activity with a slack time of zero is a?

Accepted Answer

A)  Flexible activity 
B)  Noncritical path activity 
C)  Minor activity 
D)  Critical path activity 
A)  Flexible activity 
B)  Noncritical path activity 
C)  Minor activity 
D)  Critical path activity

Question 9

The variance of a project's completion time is determined by the?

Accepted Answer

A)  Sum of all project activity variances 
B)  Sum of all project activity durations 
C)  Sum of all critical path activity variances 
D)  Sum of all critical path activity durations 
A)  Sum of all project activity variances 
B)  Sum of all project activity durations 
C)  Sum of all critical path activity variances 
D)  Sum of all critical path activity durations

Question 10

The optimistic activity completion time could occur if everything goes according to plan with the activity.

Accepted Answer

A) True 
 B)False

Question 11

Project management involves all of the following except?

Accepted Answer

A)  Planning resources 
B)  Eliminating resources 
C)  Scheduling resources 
D)  Controlling resources 
A)  Planning resources 
B)  Eliminating resources 
C)  Scheduling resources 
D)  Controlling resources

Question 12

CPM stands for?

Accepted Answer

A)  Critical posterior method 
B)  Critical project method 
C)  Critical path method 
D)  Critical planning method 
A)  Critical posterior method 
B)  Critical project method 
C)  Critical path method 
D)  Critical planning method

Question 13

Describe the purpose of a Gantt chart and draw a Gantt chart for a project that you have been assigned or have completed in a recent course.

Accepted Answer

A successful answer will note that Gantt

Question 14

A contractor indicates that he will be delayed in completing his work. This will negatively impact the project. This would be what type of project risk?

Accepted Answer

A)  External 
B)  Cost 
C)  Schedule 
D)  Operational 
A)  External 
B)  Cost 
C)  Schedule 
D)  Operational

Question 15

A plan to deal with project risks would be referred to as a?

Accepted Answer

A)  Risk mitigation plan 
B)  Risk elimination plan 
C)  Risk reduction plan 
D)  Risk aversion plan 
A)  Risk mitigation plan 
B)  Risk elimination plan 
C)  Risk reduction plan 
D)  Risk aversion plan

Question 16

Activities with zero slack time are?

Accepted Answer

A)  Rarely subject to crashing 
B)  The only activities eligible for crashing 
C)  Cannot be crashed 
D)  Are too inflexible to be crashed easily 
A)  Rarely subject to crashing 
B)  The only activities eligible for crashing 
C)  Cannot be crashed 
D)  Are too inflexible to be crashed easily

Question 17

A supplier indicates that he will not be able to produce a product at the quality requested. This is an example of what type of project risk?

Accepted Answer

A)  External 
B)  Cost 
C)  Schedule 
D)  Operational 
A)  External 
B)  Cost 
C)  Schedule 
D)  Operational

Question 18

Project crashing is?

Accepted Answer

A)  Used to extend the duration of a project 
B)  Less expensive than completing the project at the regular project duration 
C)  Used to shorten the duration of a project 
D)  Not related to project duration 
A)  Used to extend the duration of a project 
B)  Less expensive than completing the project at the regular project duration 
C)  Used to shorten the duration of a project 
D)  Not related to project duration

Question 19

Poor estimates of activity costs would be an example of what type of project risk?

Accepted Answer

A)  External 
B)  Operational 
C)  Cost 
D)  Schedule 
A)  External 
B)  Operational 
C)  Cost 
D)  Schedule

Question 20

The third step to crash a project is?

Accepted Answer

A)  Determine the desired completion time and the critical path 
B)  Calculate the crash cost per period for all activities 
C)  Reduce the length of the crashed path and update the project cost 
D)  It is impossible to crash a project 
A)  Determine the desired completion time and the critical path 
B)  Calculate the crash cost per period for all activities 
C)  Reduce the length of the crashed path and update the project cost 
D)  It is impossible to crash a project

In a large and complex project, all of the following should be tracked and updated except?

Unrealistic activity time estimations would be an example of what type of project risk?

Which of the following is widely used for large/complex projects with far-flung participants?

A project's activities and the relationships between the activities can be visually represented by an?

Unexpected events that may lead to missed project completion times or cost overruns are referred to as?

Many free software products are also known as?

When crashing a project, the project manager should focus on?

An activity with a slack time of zero is a?

The variance of a project's completion time is determined by the?

The optimistic activity completion time could occur if everything goes according to plan with the activity.

Project management involves all of the following except?

CPM stands for?

Describe the purpose of a Gantt chart and draw a Gantt chart for a project that you have been assigned or have completed in a recent course.

A contractor indicates that he will be delayed in completing his work. This will negatively impact the project. This would be what type of project risk?

A plan to deal with project risks would be referred to as a?

Activities with zero slack time are?

A supplier indicates that he will not be able to produce a product at the quality requested. This is an example of what type of project risk?

Project crashing is?

Poor estimates of activity costs would be an example of what type of project risk?

The third step to crash a project is?

Operations Management, Processes, and Supply Chain Management

Corporate Strategy, Performance, and Sustainability

Product Design and Development

Process Design and Capacity Management

Customer Relationships and Customer Service

Demand Management, Forecasting, and Aggregate Planning

Independent Demand Inventory Management

Material Flow Analysis and Facility Layouts

Supplement: Job Scheduling and Vehicle Routing

Lean Systems

Managing Customer and Work Flows

Managing Information Flowsmrp and Erp

Six Sigma Quality Management

Supplement: Statistical Quality Control

Global Supply Management

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters

Exam 12: Managing Projects

In a large and complex project, all of the following should be tracked and updated except?

Unrealistic activity time estimations would be an example of what type of project risk?

Which of the following is widely used for large/complex projects with far-flung participants?

A project's activities and the relationships between the activities can be visually represented by an?

Unexpected events that may lead to missed project completion times or cost overruns are referred to as?

Many free software products are also known as?

When crashing a project, the project manager should focus on?

An activity with a slack time of zero is a?

The variance of a project's completion time is determined by the?

The optimistic activity completion time could occur if everything goes according to plan with the activity.

Project management involves all of the following except?

CPM stands for?

Describe the purpose of a Gantt chart and draw a Gantt chart for a project that you have been assigned or have completed in a recent course.

A contractor indicates that he will be delayed in completing his work. This will negatively impact the project. This would be what type of project risk?

A plan to deal with project risks would be referred to as a?

Activities with zero slack time are?

A supplier indicates that he will not be able to produce a product at the quality requested. This is an example of what type of project risk?

Project crashing is?

Poor estimates of activity costs would be an example of what type of project risk?

The third step to crash a project is?

Operations Management, Processes, and Supply Chain Management

Corporate Strategy, Performance, and Sustainability

Product Design and Development

Process Design and Capacity Management

Customer Relationships and Customer Service

Demand Management, Forecasting, and Aggregate Planning

Independent Demand Inventory Management

Material Flow Analysis and Facility Layouts

Supplement: Job Scheduling and Vehicle Routing

Lean Systems

Managing Customer and Work Flows

Managing Information Flowsmrp and Erp

Six Sigma Quality Management

Supplement: Statistical Quality Control

Global Supply Management

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters