Question 1

A(n) __________ determines the timeline, sequence, and interrelatedness of activities.

Accepted Answer

The answer of A(n) __________ determines the timeline, sequence, and...

Question 2

Using the information shown in the previous table, what is the standard deviation for the entire project?

Accepted Answer

A)  43 
B)  1.64 
C)  13.11 
D)  3.62 
A)  43 
B)  1.64 
C)  13.11 
D)  3.62

Question 3

An important aspect of project closure is that lessons learned are discussed and recorded for future use.

Accepted Answer

A) True 
 B)False

Question 4

Scope creep in a project is when the project slows to a crawl because of a lack of project details.

Accepted Answer

A) True 
 B)False

Question 5

Using the information shown in the following table, the expected time for activity B is

Accepted Answer

A)  more than 12 days 
B)  5 days 
C)  2 days 
D)  4 days 
A)  more than 12 days 
B)  5 days 
C)  2 days 
D)  4 days

Question 6

Projects fail because of deficient __________ or __________.

Accepted Answer

The answer of Projects fail because of deficient __________ or...

Question 7

__________ and __________ are two methods of evaluating short- to medium-term projects with predictable cash flows.

Accepted Answer

The answer of __________ and __________ are two methods of...

Question 8

If activity E is reduced by 1 week and activity A is reduced by 2 weeks, what is the new total project cost?

Accepted Answer

A)  $69,000 
B)  $34,000 
C)  $55,000 
D)  $76,000 
A)  $69,000 
B)  $34,000 
C)  $55,000 
D)  $76,000

Question 9

Janet was tasked with assessing competing projects with unpredictable cash flows and where the probabilities could not be estimated. In order for her to perform her analysis, she should use the __________ or __________ techniques.

Accepted Answer

The answer of Janet was tasked with assessing competing projects...

Question 10

A Gantt chart is a colorful chart showing complex task interdependencies, costs, and activities on a time line.

Accepted Answer

A) True 
 B)False

Question 11

Using the information shown in the following table, what is the slack time for activity E? $$\begin{array} { | c | c | c | c | c | c | c | } 
\hline \text { Activity } & \begin{array} { c } 
\text { Duration } \
\text { (weeks) }
\end{array} & \text { EST } & \text { EFT } & \text { LST } & \text { LFT } & \text { SLACK } \
\hline \text { A } & 2 & 0 & & 0 & 2 & 0 \
\hline \text { B } & 1 & 2 & 3 & 3 & 4 & 1 \
\hline \text { C } & 3 & 2 & 5 & 2 & 5 & 0 \
\hline \text { D } & & 3 & 10 & 4 & 11 & 1 \
\hline \text { E } & 3 & 5 & 8 & & 11 & \
\hline \text { F } & 6 & 5 & & 5 & 11 & 0 \
\hline \text { G } & 4 & 11 & 15 & 11 & 15 & 0 \
\hline
\end{array}$$

Accepted Answer

A)  1 
B)  7 
C)  6 
D)  3 
A)  1 
B)  7 
C)  6 
D)  3

Question 12

The scope of any project, indicating what will and will not be included as part of the project, is perhaps the most important part of the initiation phase.

Accepted Answer

A) True 
 B)False

Question 13

Process failures arise when task times are underestimated or utilization of resources is overestimated.

Accepted Answer

A) True 
 B)False

Question 14

A project can be recognized by

Accepted Answer

A)  tasks that have specific goals 
B)  tasks that involve teams with interdependent activities 
C)  tasks that have linked work steps with a specified time line 
D)  all of the above 
A)  tasks that have specific goals 
B)  tasks that involve teams with interdependent activities 
C)  tasks that have linked work steps with a specified time line 
D)  all of the above

Question 15

Portfolio selection and management skills are becoming valuable in overseeing and orchestrating a global portfolio of projects.

Accepted Answer

A) True 
 B)False

Question 16

An activity with most slack time is called a critical activity.

Accepted Answer

A) True 
 B)False

Question 17

Using the second diagram above or using the information shown in the previous table, what is the project duration?

Accepted Answer

A)  15 
B)  12 
C)  14 
D)  10 
A)  15 
B)  12 
C)  14 
D)  10

Question 18

The __________ phase is when project details are thrashed out and documented.

Accepted Answer

The answer of The __________ phase is when project details...

Question 19

Project managers manage three things: performance, people, and change.

Accepted Answer

A) True 
 B)False

Question 20

Project performance can be assessed by measuring all of the following dimensions except

Accepted Answer

A)  quality 
B)  cost 
C)  time 
D)  scope 
A)  quality 
B)  cost 
C)  time 
D)  scope

A(n) __________ determines the timeline, sequence, and interrelatedness of activities.

Using the information shown in the previous table, what is the standard deviation for the entire project?

An important aspect of project closure is that lessons learned are discussed and recorded for future use.

Scope creep in a project is when the project slows to a crawl because of a lack of project details.

Using the information shown in the following table, the expected time for activity B is

Projects fail because of deficient or .

and are two methods of evaluating short- to medium-term projects with predictable cash flows.

If activity E is reduced by 1 week and activity A is reduced by 2 weeks, what is the new total project cost?

Janet was tasked with assessing competing projects with unpredictable cash flows and where the probabilities could not be estimated. In order for her to perform her analysis, she should use the or techniques.

A Gantt chart is a colorful chart showing complex task interdependencies, costs, and activities on a time line.

Using the information shown in the following table, what is the slack time for activity E? Activity Duration (weeks) EST EFT LST LFT SLACK A 2 0 0 2 0 B 1 2 3 3 4 1 C 3 2 5 2 5 0 D 3 10 4 11 1 E 3 5 8 11 F 6 5 5 11 0 G 4 11 15 11 15 0

The scope of any project, indicating what will and will not be included as part of the project, is perhaps the most important part of the initiation phase.

Process failures arise when task times are underestimated or utilization of resources is overestimated.

A project can be recognized by

Portfolio selection and management skills are becoming valuable in overseeing and orchestrating a global portfolio of projects.

An activity with most slack time is called a critical activity.

Using the second diagram above or using the information shown in the previous table, what is the project duration?

The __________ phase is when project details are thrashed out and documented.

Project managers manage three things: performance, people, and change.

Project performance can be assessed by measuring all of the following dimensions except

Operations Management and You

Designing Products and Processes

Process and Service Design

Managing Processes

Forecasting

Capacity Planning

Managing Capacity

Managing Inventory

Managing Quality

Supply Chain Design

Managing Supply Chains

Finding the Right Location

Filters

Exam 13: Working With Projects

A(n) __________ determines the timeline, sequence, and interrelatedness of activities.

Using the information shown in the previous table, what is the standard deviation for the entire project?

An important aspect of project closure is that lessons learned are discussed and recorded for future use.

Scope creep in a project is when the project slows to a crawl because of a lack of project details.

Using the information shown in the following table, the expected time for activity B is

Projects fail because of deficient __________ or __________.

__________ and __________ are two methods of evaluating short- to medium-term projects with predictable cash flows.

If activity E is reduced by 1 week and activity A is reduced by 2 weeks, what is the new total project cost?

Janet was tasked with assessing competing projects with unpredictable cash flows and where the probabilities could not be estimated. In order for her to perform her analysis, she should use the __________ or __________ techniques.

A Gantt chart is a colorful chart showing complex task interdependencies, costs, and activities on a time line.

Using the information shown in the following table, what is the slack time for activity E? Activity Duration (weeks) EST EFT LST LFT SLACK A 2 0 0 2 0 B 1 2 3 3 4 1 C 3 2 5 2 5 0 D 3 10 4 11 1 E 3 5 8 11 F 6 5 5 11 0 G 4 11 15 11 15 0

The scope of any project, indicating what will and will not be included as part of the project, is perhaps the most important part of the initiation phase.

Process failures arise when task times are underestimated or utilization of resources is overestimated.

A project can be recognized by

Portfolio selection and management skills are becoming valuable in overseeing and orchestrating a global portfolio of projects.

An activity with most slack time is called a critical activity.

Using the second diagram above or using the information shown in the previous table, what is the project duration?

The __________ phase is when project details are thrashed out and documented.

Project managers manage three things: performance, people, and change.

Project performance can be assessed by measuring all of the following dimensions except

Operations Management and You

Designing Products and Processes

Process and Service Design

Managing Processes

Forecasting

Capacity Planning

Managing Capacity

Managing Inventory

Managing Quality

Supply Chain Design

Managing Supply Chains

Finding the Right Location

Filters

Projects fail because of deficient or .

and are two methods of evaluating short- to medium-term projects with predictable cash flows.

Janet was tasked with assessing competing projects with unpredictable cash flows and where the probabilities could not be estimated. In order for her to perform her analysis, she should use the or techniques.