Question 1

A project manager determined that the project was running behind schedule. If she wants to shorten the total completion, which of the following techniques should be used?

Accepted Answer

A)  Crashing 
B)  Resource view 
C)  Forecasting 
D)  Beta distribution 
E)  Gantt chart 
A)  Crashing 
B)  Resource view 
C)  Forecasting 
D)  Beta distribution 
E)  Gantt chart A

Question 2

Which of the following statements regarding critical paths is TRUE?

Accepted Answer

A)  The shortest of all paths through the network is the critical path. 
B)  Some activities on the critical path may have slack. 
C)  Every network has only one critical path. 
D)  On a specific project, there can be multiple critical paths, all with exactly the same duration. 
E)  The duration of the critical path is the average duration of all paths in the project network. 
A)  The shortest of all paths through the network is the critical path. 
B)  Some activities on the critical path may have slack. 
C)  Every network has only one critical path. 
D)  On a specific project, there can be multiple critical paths, all with exactly the same duration. 
E)  The duration of the critical path is the average duration of all paths in the project network. D

Question 3

In project management, crashing an activity must consider the impact on all paths in the network.

Accepted Answer

A) True 
 B)False  True

Question 4

Pirmin's Bike Shop is behind on a custom bike and needs to crash 8 hours of time from the 8-step project.
(a) Given the project table below calculate the crash cost for 8 hours of time-savings.
(b) Suppose Pirmin calls the customer and asks for a project extension, reducing the amount of time he needs to crash. Pirmin has a $20 crash budget. Is the budget sufficient to crash 4 hours of time?

Accepted Answer

@#IMG-DLM& (a) The critical path is ABCEFGH with a

Question 5

Which of the following statements regarding PERT times is true?

Accepted Answer

A)  The expected time is an estimate of the time an activity will require if everything goes as planned. 
B)  The optimistic time estimate is an estimate of the maximum time an activity will require. 
C)  The expected time estimate is calculated as t = (a + 4m + b)/6. 
D)  The pessimistic time estimate is an estimate of the minimum time an activity will require. 
E)  The most likely time estimate is an estimate of the maximum time an activity will require. 
A)  The expected time is an estimate of the time an activity will require if everything goes as planned. 
B)  The optimistic time estimate is an estimate of the maximum time an activity will require. 
C)  The expected time estimate is calculated as t = (a + 4m + b)/6. 
D)  The pessimistic time estimate is an estimate of the minimum time an activity will require. 
E)  The most likely time estimate is an estimate of the maximum time an activity will require.

Question 6

Which of the following statements regarding PERT analysis is NOT true?

Accepted Answer

A)  Each activity has three estimates of its duration. 
B)  Project variance is the sum of all critical activity variances. 
C)  Project standard deviation is the sum of all critical activity standard deviations. 
D)  Only critical activities contribute to the project variance. 
E)  The most likely time is different from the expected activity time. 
A)  Each activity has three estimates of its duration. 
B)  Project variance is the sum of all critical activity variances. 
C)  Project standard deviation is the sum of all critical activity standard deviations. 
D)  Only critical activities contribute to the project variance. 
E)  The most likely time is different from the expected activity time.

Question 7

A project being analyzed by PERT has 38 activities, 16 of which are on the critical path. If the estimated time along the critical path is 90 days with a project variance of 25, what is the probability that the project will be completed in 88 days or less?

Accepted Answer

A)  0.02275 
B)  0.34458 
C)  0.65542 
D)  0.97725 
E)  18 
A)  0.02275 
B)  0.34458 
C)  0.65542 
D)  0.97725 
E)  18

Question 8

Given the project within the table below, calculate the following:
(a) The critical path
(b) The minimum project duration
(c) The amount of slack for each activity

Accepted Answer

@#IMG-DLM& (a) The critical path is BDEFG
(b) Mini

Question 9

Ethical issues that may arise in projects large and small include:

Accepted Answer

A)  gifts from contractors. 
B)  exaggerated expense reports. 
C)  compromised quality standards to meet bonuses or avoid penalties related to schedules. 
D)  pressure to mask delays with false status reports. 
E)  all of the these. 
A)  gifts from contractors. 
B)  exaggerated expense reports. 
C)  compromised quality standards to meet bonuses or avoid penalties related to schedules. 
D)  pressure to mask delays with false status reports. 
E)  all of the these.

Question 10

Describe agile projects.

Accepted Answer

Agile projects are ill-defined

Question 11

Project management at the Tour de France races can be complex because:

Accepted Answer

A)  a team is like a "large travelling circus." 
B)  there is a wide variety of support staff. 
C)  there are races being held simultaneously. 
D)  each team has over two dozen riders. 
E)  all of the these 
A)  a team is like a "large travelling circus." 
B)  there is a wide variety of support staff. 
C)  there are races being held simultaneously. 
D)  each team has over two dozen riders. 
E)  all of the these

Question 12

Gantt charts give a timeline for each of a project's activities, but they do not adequately illustrate the interrelationships between the activities and the resources.

Accepted Answer

A) True 
 B)False

Question 13

Projects such as road building and plane building are:

Accepted Answer

A)  ill-defined. 
B)  well-defined. 
C)  agile. 
D)  not defined. 
E)  none of these. 
A)  ill-defined. 
B)  well-defined. 
C)  agile. 
D)  not defined. 
E)  none of these.

Question 14

Which of the following is NOT a limitation of PERT?

Accepted Answer

A)  Project activities have to be clearly defined, independent, and stable in their relationships. 
B)  Precedence relationships must be specified and networked together. 
C)  Only one time estimate can be used for each activity. 
D)  Time estimates tend to be subjective and are subject to fudging by managers. 
E)  There is the inherent danger of placing too much emphasis on the critical path. 
A)  Project activities have to be clearly defined, independent, and stable in their relationships. 
B)  Precedence relationships must be specified and networked together. 
C)  Only one time estimate can be used for each activity. 
D)  Time estimates tend to be subjective and are subject to fudging by managers. 
E)  There is the inherent danger of placing too much emphasis on the critical path.

Question 15

The ________ is a project management technique using only one time factor per activity that enables managers to schedule, monitor, and control large and complex projects.

Accepted Answer

critical p

Question 16

The network analysis method that allows activity times to vary is ________.

Accepted Answer

PERT or Pr

Question 17

In a PERT network, non-critical activities that have little slack need to be monitored closely:

Accepted Answer

A)  because PERT treats all activities as equally important. 
B)  because near-critical paths could become critical paths with small delays in these activities. 
C)  because slack is undesirable and needs to be eliminated. 
D)  because they are causing the entire project to be delayed. 
E)  because they have a high risk of not being completed. 
A)  because PERT treats all activities as equally important. 
B)  because near-critical paths could become critical paths with small delays in these activities. 
C)  because slack is undesirable and needs to be eliminated. 
D)  because they are causing the entire project to be delayed. 
E)  because they have a high risk of not being completed.

Question 18

What are some of the ethical issues faced by project managers?

Accepted Answer

A project manager can be exposed to a wi

Question 19

A network consists of the following list. Times are given in weeks.
   (a) Draw the network diagram.
(b) Which activities form the critical path?
(c) How much slack exists at activities A and F?
(d) What is the duration of the critical path?

Accepted Answer

(a) Network diagram
 @#IMG-DLM& (b) path

Question 20

Consider the network presented in the following table. Calculate
(a) All possible paths
(b) The critical path
(c) The slack available at any non-critical points
(d) The minimum project duration

Accepted Answer

@#IMG-DLM& (a) Two paths are possible, ACDE and AB

Exam 3: Project Management

A project manager determined that the project was running behind schedule. If she wants to shorten the total completion, which of the following techniques should be used?

Which of the following statements regarding critical paths is TRUE?

In project management, crashing an activity must consider the impact on all paths in the network.

Which of the following statements regarding PERT times is true?

Which of the following statements regarding PERT analysis is NOT true?

A project being analyzed by PERT has 38 activities, 16 of which are on the critical path. If the estimated time along the critical path is 90 days with a project variance of 25, what is the probability that the project will be completed in 88 days or less?

Given the project within the table below, calculate the following: (a) The critical path (b) The minimum project duration (c) The amount of slack for each activity

Ethical issues that may arise in projects large and small include:

Describe agile projects.

Project management at the Tour de France races can be complex because:

Gantt charts give a timeline for each of a project's activities, but they do not adequately illustrate the interrelationships between the activities and the resources.

Projects such as road building and plane building are:

Which of the following is NOT a limitation of PERT?

The ________ is a project management technique using only one time factor per activity that enables managers to schedule, monitor, and control large and complex projects.

The network analysis method that allows activity times to vary is ________.

In a PERT network, non-critical activities that have little slack need to be monitored closely:

What are some of the ethical issues faced by project managers?

A network consists of the following list. Times are given in weeks. (a) Draw the network diagram. (b) Which activities form the critical path? (c) How much slack exists at activities A and F? (d) What is the duration of the critical path?

Consider the network presented in the following table. Calculate (a) All possible paths (b) The critical path (c) The slack available at any non-critical points (d) The minimum project duration

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