The Following Questions adapted from tutorial material of H Steyn Ed., Project Management -A Multi-disciplinary Approach (Pretoria: FPM Publishing, 2003). Reprinted with permission. -Put checks in the appropriate boxes in the table below. \[\begin{array} { | l | l | l | l | l | } \hline & \begin{array} { l } \text { Project } \\ \text { buffer } \end{array} & \begin{array} { l } \text { Feeding } \\ \text { buffer } \end{array} & \begin{array} { l } \text { Resource } \\ \text { buffer } \end{array} & \begin{array} { l } \text { Drum } \\ \text { buffer } \end{array} \\ \hline \begin{array} { l } \text { This buffer/ these buffers ensure(s) that, unlike } \\ \text { the critical path, the critical chain does not } \\ \text { change from time to time during project } \\ \text { execution. } \end{array} & & & & \\ \hline \begin{array} { l } \text { This buffer/ these buffers ensure(s) that jobs } \\ \text { done faster than planned contribute to reduced } \\ \text { project duration. } \end{array} & & & & \\ \hline \begin{array} { l } \text { Action is required when this/these buffer(s) } \\ \text { is/are say 67\% depleted. } \end{array} & & & & \\ \hline \begin{array} { l } \text { This/these buffer(s) contain a contingency } \\ \text { reserve that has been removed from activities. } \end{array} & & & & \\ \hline \begin{array} { l } \text { If activities are done faster than planned, it } \\ \text { could cause that this/these buffer(s) could get } \\ \text { depleted (i.e. get smaller). } \end{array} & & & & \\ \hline \begin{array} { l } \text { This/these buffer(s) is/are never used on a } \\ \text { single project. } \end{array} & & & & \\ \hline \end{array}\]

The answer of The Following Questions adapted from tutorial material...

Exam 8: Advanced Project Network Analysis and Scheduling

Statement: In PERT, the mean (expected) time for each activity is determined by using a formula that gives the greatest weight to the "optimistic" time estimate.

(True/False)

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Question 21

Contingencies should be built in at the following level:

(Multiple Choice)

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Question 22

If the project completion has a distribution with Te = 15 weeks and Vp = 9, what is the probability that the project will be completed in less than 18 weeks? To answer this, the correct z value is:

(Multiple Choice)

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Question 23

A project cannot have more than one ___________buffer.

(Multiple Choice)

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Question 24

The Following Questions adapted from tutorial material of H Steyn Ed., Project Management -A Multi-disciplinary Approach (Pretoria: FPM Publishing, 2003). Reprinted with permission. -Put checks in the appropriate boxes in the table below. Project buffer Feeding buffer Resource buffer Drum buffer This buffer/ these buffers ensure(s) that, unlike the critical path, the critical chain does not change from time to time during project execution. This buffer/ these buffers ensure(s) that jobs done faster than planned contribute to reduced project duration. Action is required when this/these buffer(s) is/are say 67\% depleted. This/these buffer(s) contain a contingency reserve that has been removed from activities. If activities are done faster than planned, it could cause that this/these buffer(s) could get depleted (i.e. get smaller). This/these buffer(s) is/are never used on a single project.

(Short Answer)

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Question 25

When there are multiple critical paths and the project duration must be reduced, it is necessary to make reductions:

(Multiple Choice)

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Question 26

Which statement is incorrect:

(Multiple Choice)

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Question 27

The following buffer enables the project manager to focus on critical activities by ensuring that the critical chain does not change during project execution:

(Multiple Choice)

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Question 28

Statement: In resource loading, the project schedule is altered in an attempt to increase variations in the amount of the resource needed throughout the project.

(True/False)

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Question 29

Statement: In PERT, the mean (expected) time for each activity is determined by using a formula that gives the greatest weight to the "optimistic" time estimate.

Contingencies should be built in at the following level:

If the project completion has a distribution with Te = 15 weeks and Vp = 9, what is the probability that the project will be completed in less than 18 weeks? To answer this, the correct z value is:

A project cannot have more than one ___________buffer.

When there are multiple critical paths and the project duration must be reduced, it is necessary to make reductions:

Which statement is incorrect:

The following buffer enables the project manager to focus on critical activities by ensuring that the critical chain does not change during project execution:

Statement: In resource loading, the project schedule is altered in an attempt to increase variations in the amount of the resource needed throughout the project.

What Is Project Management

Systems Approach

Project Life Cycle and Project Conception

Project Definition and System Definition

Project Execution and Closeout

Basic Project Planning Techniques

Project Schedule Planning and Networks

Cost Estimating and Budgeting

Project Quality Management

Project Risk Management

Project Procurement Management and Contracting

Project Monitoring and Control

Agile Project Management and Lean

Project Organizational Structure and Integration

Project Roles and Stakeholders

Leadership, Teamwork, and Conflict

Meta-Management of Projects and Program Management

Project Selection and Portfolio Management

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