Question 1

Projects are widely viewed as routine activities.

Accepted Answer

A) True 
 B)False

Question 2

What is a project? How does a project differ from other kinds of activities?

Accepted Answer

A successful answer will clearly define

Question 3

PERT was initially developed for?

Accepted Answer

A)  The U.S. Department of Agriculture 
B)  The U.S. Department of Energy 
C)  The U.S. Army 
D)  The U.S. Navy 
A)  The U.S. Department of Agriculture 
B)  The U.S. Department of Energy 
C)  The U.S. Army 
D)  The U.S. Navy

Question 4

The Z value is found by:

Accepted Answer

A)  Z = (expected completion date) / project duration standard deviation 
B)  Z = (desired completion time - expected completion date) / project duration standard deviation 
C)  Z = (desired completion time) / project duration standard deviation 
D)  Z = (desired completion time - expected completion date) / project duration variance 
A)  Z = (expected completion date) / project duration standard deviation 
B)  Z = (desired completion time - expected completion date) / project duration standard deviation 
C)  Z = (desired completion time) / project duration standard deviation 
D)  Z = (desired completion time - expected completion date) / project duration variance

Question 5

Projects feature a defined beginning, but rarely have a well-defined end.

Accepted Answer

A) True 
 B)False

Question 6

_____________ is the act of reducing a project's completion time by dedicating additional resources to the project.

Accepted Answer

The answer of _____________ is the act of reducing a...

Question 7

The optimistic, most likely, and pessimistic completion times are used to determine the?

Accepted Answer

A)  Least likely completion time 
B)  Maximum completion time 
C)  Minimum completion time 
D)  Expected completion time 
A)  Least likely completion time 
B)  Maximum completion time 
C)  Minimum completion time 
D)  Expected completion time

Question 8

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

Accepted Answer

A)  Determine the sequential relationship between all of the activities 
B)  Identify all project activities and time to complete each activity 
C)  Develop an activity network 
D)  Determine the critical path 
A)  Determine the sequential relationship between all of the activities 
B)  Identify all project activities and time to complete each activity 
C)  Develop an activity network 
D)  Determine the critical path

Question 9

When crashing a project, how many critical paths will a project manager potentially have to manage?

Accepted Answer

A)  0 
B)  1 
C)  More than 1 
D)  May be 1 or more than 1 
A)  0 
B)  1 
C)  More than 1 
D)  May be 1 or more than 1

Question 10

A work breakdown structure is a set of project task descriptions.

Accepted Answer

A) True 
 B)False

Question 11

Expected activity completion time can be calculated (where a = optimistic completion time, b = pessimistic completion time, and m = most likely completion time) as:

Accepted Answer

A)  t = (a + m + b)/3 
B)  t = (2a + 2m + 2b)/6 
C)  t = (a + 5m + b)/6 
D)  t = (a + 4m + b)/6 
A)  t = (a + m + b)/3 
B)  t = (2a + 2m + 2b)/6 
C)  t = (a + 5m + b)/6 
D)  t = (a + 4m + b)/6

Question 12

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

Accepted Answer

A)  Slack time 
B)  Flex time 
C)  Relaxation time 
D)  Loose time 
A)  Slack time 
B)  Flex time 
C)  Relaxation time 
D)  Loose time

Question 13

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

Accepted Answer

A)  2 
B)  0 
C)  -2 
D)  An activity's late start time cannot be less than its early start time 
A)  2 
B)  0 
C)  -2 
D)  An activity's late start time cannot be less than its early start time

Projects are widely viewed as routine activities.

What is a project? How does a project differ from other kinds of activities?

PERT was initially developed for?

The Z value is found by:

Projects feature a defined beginning, but rarely have a well-defined end.

_____________ is the act of reducing a project's completion time by dedicating additional resources to the project.

The optimistic, most likely, and pessimistic completion times are used to determine the?

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

When crashing a project, how many critical paths will a project manager potentially have to manage?

A work breakdown structure is a set of project task descriptions.

Expected activity completion time can be calculated (where a = optimistic completion time, b = pessimistic completion time, and m = most likely completion time) as:

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

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

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

Projects are widely viewed as routine activities.

What is a project? How does a project differ from other kinds of activities?

PERT was initially developed for?

The Z value is found by:

Projects feature a defined beginning, but rarely have a well-defined end.

_____________ is the act of reducing a project's completion time by dedicating additional resources to the project.

The optimistic, most likely, and pessimistic completion times are used to determine the?

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

When crashing a project, how many critical paths will a project manager potentially have to manage?

A work breakdown structure is a set of project task descriptions.

Expected activity completion time can be calculated (where a = optimistic completion time, b = pessimistic completion time, and m = most likely completion time) as:

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

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

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