Question 1

At which point does crashing of a project cease?

Accepted Answer

A) when the project is completed 
B) when no additional crashing is possible 
C) when the cost to crash equals or exceeds the benefit of crashing 
D) when the project is one-half completed 
E) when the team has been disbanded 
A) when the project is completed 
B) when no additional crashing is possible 
C) when the cost to crash equals or exceeds the benefit of crashing 
D) when the project is one-half completed 
E) when the team has been disbanded C

Question 2

Consider the following work breakdown structure:
 
What is the estimated expected (mean)time for activity D?

Accepted Answer

A) 32 days 
B) 41 days 
C) 44 days 
D) 42 days 
E) 40 days 
A) 32 days 
B) 41 days 
C) 44 days 
D) 42 days 
E) 40 days E

Question 3

The latest starting time for an activity is equal to the latest finish time minus the activity time.

Accepted Answer

A) True 
 B)False  True

Question 4

If two consecutive activities have shared slack, this means that each of them can use only half of the slack without delaying completion of the project.

Accepted Answer

A) True 
 B)False

Question 5

In the execution phase of a project's life cycle, activities are guided by decisions that were made in the __________ phase.

Accepted Answer

A) initiating 
B) planning 
C) monitoring/controlling 
D) closing 
E) assessment 
A) initiating 
B) planning 
C) monitoring/controlling 
D) closing 
E) assessment

Question 6

Consider the following work breakdown structure:
 
What is the estimated standard deviation in the time for activity Z?

Accepted Answer

A) 3 days 
B) 2 days 
C) 4 days 
D) 8 days 
E) 5 days 
A) 3 days 
B) 2 days 
C) 4 days 
D) 8 days 
E) 5 days

Question 7

Which of the following is not one of the six key decisions in project management?
(I)Selecting the project team(II)Deciding on the project manager's title(III)Managing and controlling project resources(IV)Deciding which projects to implement(V)Selecting the project manager

Accepted Answer

A) I 
B) II 
C) III 
D) IV 
E) V 
A) I 
B) II 
C) III 
D) IV 
E) V

Question 8

Which of the following are limitations of PERT and CPM?(I)Time estimates may include a fudge factor.(II)Important activities may be overlooked.(III)It is an after-the-fact analysis.

Accepted Answer

A) I and II 
B) I, II, and III 
C) I and III 
D) II and III 
E) I only 
A) I and II 
B) I, II, and III 
C) I and III 
D) II and III 
E) I only

Question 9

Consider the following work breakdown structure:
 
What is the estimated expected (mean)time for activity Y?

Accepted Answer

A) 30 days 
B) 29 days 
C) 38 days 
D) 26 days 
E) 35 days 
A) 30 days 
B) 29 days 
C) 38 days 
D) 26 days 
E) 35 days

Question 10

In order to determine the probability of timely project completion, it is sometimes necessary to take into account paths other than the critical path.

Accepted Answer

A) True 
 B)False

Question 11

A project is represented by the following diagram:   The critical path for the network shown is:

Accepted Answer

A) 1-3-6-7. 
B) 1-2-4-7. 
C) 1-4-7. 
D) 1-3-4-7. 
E) 1-2-5-7. 
A) 1-3-6-7. 
B) 1-2-4-7. 
C) 1-4-7. 
D) 1-3-4-7. 
E) 1-2-5-7.

Question 12

The path in a network with the average length of time to completion is called the critical path.

Accepted Answer

A) True 
 B)False

Question 13

Consider the following work breakdown structure:
 
What is the probability that this project will be completed within 130 days?

Accepted Answer

A) .8413 
B) .90 
C) .9544 
D) .9772 
E) .9987 
A) .8413 
B) .90 
C) .9544 
D) .9772 
E) .9987

Question 14

Concerning PERT and CPM

Accepted Answer

A) These are two different names for essentially the same technique. 
B) CPM tends to focus more on the critical path; PERT focuses on the parallel paths. 
C) PERT gives a clearer indication of activity slack, while CPM gives a better picture of path slack. 
D) Because of its recent discovery, much less is known about CPM than PERT. 
E) CPM is useful for project manager selection; PERT is useful for project team selection. 
A) These are two different names for essentially the same technique. 
B) CPM tends to focus more on the critical path; PERT focuses on the parallel paths. 
C) PERT gives a clearer indication of activity slack, while CPM gives a better picture of path slack. 
D) Because of its recent discovery, much less is known about CPM than PERT. 
E) CPM is useful for project manager selection; PERT is useful for project team selection.

Question 15

If the expected length of a path is more than 2.5 standard deviations less than a desired project completion time, the path will not be a factor in assessing the probability of finishing the project on time.

Accepted Answer

A) True 
 B)False

Question 16

Consider the following work breakdown structure:
 
What is the estimated expected (mean)time for activity E?

Accepted Answer

A) 31 weeks 
B) 38 weeks 
C) 39 weeks 
D) 40 weeks 
E) 43 weeks 
A) 31 weeks 
B) 38 weeks 
C) 39 weeks 
D) 40 weeks 
E) 43 weeks

Question 17

All of the following are areas of knowledge that a project manager should possess, except

Accepted Answer

A) managing integration. 
B) managing procurement. 
C) managing stakeholders. 
D) managing scope. 
E) managing operations. 
A) managing integration. 
B) managing procurement. 
C) managing stakeholders. 
D) managing scope. 
E) managing operations.

Question 18

The total cost of crashing any one activity should never exceed 20 percent of the total cost of the original project.

Accepted Answer

A) True 
 B)False

Question 19

Activity 7-8 is directly preceded by two activities-activity 5-7 and activity 6-7. Activity 5-7 has an expected time of five and an ES time of six. Activity 6-7 has an expected time of seven and an ES time of seven. Activity 7-8 has an expected time of 10. The ES for activity 7-8 is

Accepted Answer

A) 11. 
B) 14. 
C) 21. 
D) 24. 
E) 25. 
A) 11. 
B) 14. 
C) 21. 
D) 24. 
E) 25.

Question 20

Gantt charts are most closely associated with

Accepted Answer

A) JIT. 
B) PERT. 
C) MRP. 
D) MRPII. 
E) Six Sigma. 
A) JIT. 
B) PERT. 
C) MRP. 
D) MRPII. 
E) Six Sigma.

At which point does crashing of a project cease?

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity D?

The latest starting time for an activity is equal to the latest finish time minus the activity time.

If two consecutive activities have shared slack, this means that each of them can use only half of the slack without delaying completion of the project.

In the execution phase of a project's life cycle, activities are guided by decisions that were made in the __________ phase.

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity Z?

Which of the following is not one of the six key decisions in project management? (I)Selecting the project team(II)Deciding on the project manager's title(III)Managing and controlling project resources(IV)Deciding which projects to implement(V)Selecting the project manager

Which of the following are limitations of PERT and CPM?(I)Time estimates may include a fudge factor.(II)Important activities may be overlooked.(III)It is an after-the-fact analysis.

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity Y?

In order to determine the probability of timely project completion, it is sometimes necessary to take into account paths other than the critical path.

A project is represented by the following diagram: The critical path for the network shown is:

The path in a network with the average length of time to completion is called the critical path.

Consider the following work breakdown structure: What is the probability that this project will be completed within 130 days?

Concerning PERT and CPM

If the expected length of a path is more than 2.5 standard deviations less than a desired project completion time, the path will not be a factor in assessing the probability of finishing the project on time.

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity E?

All of the following are areas of knowledge that a project manager should possess, except

The total cost of crashing any one activity should never exceed 20 percent of the total cost of the original project.

Activity 7-8 is directly preceded by two activities-activity 5-7 and activity 6-7. Activity 5-7 has an expected time of five and an ES time of six. Activity 6-7 has an expected time of seven and an ES time of seven. Activity 7-8 has an expected time of 10. The ES for activity 7-8 is

Gantt charts are most closely associated with

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

Inventory Management

MRP and ERP

Jit and Lean Operations

Supply Chain Management

Scheduling

Management of Waiting Lines

Linear Programming

Filters

Exam 17: Project Management

At which point does crashing of a project cease?

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity D?

The latest starting time for an activity is equal to the latest finish time minus the activity time.

If two consecutive activities have shared slack, this means that each of them can use only half of the slack without delaying completion of the project.

In the execution phase of a project's life cycle, activities are guided by decisions that were made in the __________ phase.

Consider the following work breakdown structure: What is the estimated standard deviation in the time for activity Z?

Which of the following is not one of the six key decisions in project management? (I)Selecting the project team(II)Deciding on the project manager's title(III)Managing and controlling project resources(IV)Deciding which projects to implement(V)Selecting the project manager

Which of the following are limitations of PERT and CPM?(I)Time estimates may include a fudge factor.(II)Important activities may be overlooked.(III)It is an after-the-fact analysis.

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity Y?

In order to determine the probability of timely project completion, it is sometimes necessary to take into account paths other than the critical path.

A project is represented by the following diagram: The critical path for the network shown is:

The path in a network with the average length of time to completion is called the critical path.

Consider the following work breakdown structure: What is the probability that this project will be completed within 130 days?

Concerning PERT and CPM

If the expected length of a path is more than 2.5 standard deviations less than a desired project completion time, the path will not be a factor in assessing the probability of finishing the project on time.

Consider the following work breakdown structure: What is the estimated expected (mean)time for activity E?

All of the following are areas of knowledge that a project manager should possess, except

The total cost of crashing any one activity should never exceed 20 percent of the total cost of the original project.

Activity 7-8 is directly preceded by two activities-activity 5-7 and activity 6-7. Activity 5-7 has an expected time of five and an ES time of six. Activity 6-7 has an expected time of seven and an ES time of seven. Activity 7-8 has an expected time of 10. The ES for activity 7-8 is

Gantt charts are most closely associated with

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Aggregate Planning and Master Scheduling

Inventory Management

MRP and ERP

Jit and Lean Operations

Supply Chain Management

Scheduling

Management of Waiting Lines

Linear Programming

Filters