Question 1

Following are the three estimates for a project:
  
-Calculate the expected completion time for Task B.

Accepted Answer

A) 9.96 
B) 7.03 
C) 4.00 
D) 8.07 
E) 25.06 
A) 9.96 
B) 7.03 
C) 4.00 
D) 8.07 
E) 25.06 A

Question 2

A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the lowest level of risk?

Accepted Answer

A) Political issues 
B) Environmental issues 
C) Labor issues 
D) Regulations 
E) Social responsibility 
A) Political issues 
B) Environmental issues 
C) Labor issues 
D) Regulations 
E) Social responsibility E

Question 3

Following are the three estimates for a project:
  
-Calculate the expected completion time for Task D.

Accepted Answer

A) 9.96 
B) 7.03 
C) 4.00 
D) 8.07 
E) 25.06 
A) 9.96 
B) 7.03 
C) 4.00 
D) 8.07 
E) 25.06 D

Question 4

Following are the three estimates for a project:
  
-Calculate the completion time variance for Task C.

Accepted Answer

A) 0.274 
B) 0.004 
C) 0.134 
D) 0.085 
E) 0.054 
A) 0.274 
B) 0.004 
C) 0.134 
D) 0.085 
E) 0.054

Question 5

The table provides a project with the task lengths (in days) and precedence requirements.
  
-Calculate the late start (LS) time for Task C.

Accepted Answer

A) 23 days 
B) 15 days 
C) 30 days 
D) 18 days 
E) 20 days 
A) 23 days 
B) 15 days 
C) 30 days 
D) 18 days 
E) 20 days

Question 6

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
  
-Which of the following identifies the critical path tasks?

Accepted Answer

A) S, O, E, N 
B) S, O, T, N 
C) S, O, F, T, E, N 
D) S, F, E, N 
E) All the tasks are critical path tasks 
A) S, O, E, N 
B) S, O, T, N 
C) S, O, F, T, E, N 
D) S, F, E, N 
E) All the tasks are critical path tasks

Question 7

The table provides a project with the task lengths (in days) and precedence requirements.
  
-Based on the information, which of the following statements is true?

Accepted Answer

A) None of the paths in the project is a critical path. 
B) Path ACD is the critical path for the project. 
C) Path ABD is the critical path for the project. 
D) Path ABCD is a valid path for the project. 
E) Tasks A, B, C, and D lie in the critical path for the project. 
A) None of the paths in the project is a critical path. 
B) Path ACD is the critical path for the project. 
C) Path ABD is the critical path for the project. 
D) Path ABCD is a valid path for the project. 
E) Tasks A, B, C, and D lie in the critical path for the project.

Question 8

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
  
-Which task has the greatest amount of slack?

Accepted Answer

A) O 
B) F 
C) T 
D) E 
E) N 
A) O 
B) F 
C) T 
D) E 
E) N

Question 9

The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
  
-Based on the information, what are the days to completion?

Accepted Answer

A) 21 days 
B) 22 days 
C) 26 days 
D) 32 days 
E) Need more information to answer the question 
A) 21 days 
B) 22 days 
C) 26 days 
D) 32 days 
E) Need more information to answer the question

Question 10

The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates.
  
-What are the expected days to completion?

Accepted Answer

A) 20.98 
B) 25.93 
C) 22.09 
D) 31.98 
E) 26.00 
A) 20.98 
B) 25.93 
C) 22.09 
D) 31.98 
E) 26.00

Question 11

The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
  
-Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.

Accepted Answer

A) $600 
B) $3,600 
C) $2,750 
D) $400 
E) $3,450 
A) $600 
B) $3,600 
C) $2,750 
D) $400 
E) $3,450

Question 12

A project is composed of 6 tasks that have durations and precedence requirements shown in the table. Which of these tasks is not on the critical path?

Accepted Answer

A) A 
B) B 
C) C 
D) D 
E) F 
A) A 
B) B 
C) C 
D) D 
E) F

Question 13

A project is composed of 6 tasks that have durations and precedence requirements shown in the table. The late finish (LF) time for Task C is _______.

Accepted Answer

A) 5 
B) 8 
C) 9 
D) 12 
E) 19 
A) 5 
B) 8 
C) 9 
D) 12 
E) 19

Question 14

Following are the three estimates for a project:
  
-Calculate the completion time variance for Task D.

Accepted Answer

A) 0.274 
B) 0.004 
C) 0.134 
D) 0.085 
E) 0.054 
A) 0.274 
B) 0.004 
C) 0.134 
D) 0.085 
E) 0.054

Question 15

The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs.
  
-What is the crash costs for Task A?

Accepted Answer

A) $1,500 
B) $1,350 
C) $750 
D) $800 
E) $600 
A) $1,500 
B) $1,350 
C) $750 
D) $800 
E) $600

Question 16

Following are the three estimates for a project:
  
-Calculate the expected completion time for Task O.

Accepted Answer

A) 9.96 
B) 7.03 
C) 4.00 
D) 8.07 
E) 25.06 
A) 9.96 
B) 7.03 
C) 4.00 
D) 8.07 
E) 25.06

Question 17

What is the latest that Task B can start if A takes 35 days, B takes 5 days, C takes 6 days, and D takes 7 days?

Accepted Answer

A) 35 
B) 36 
C) 40 
D) 41 
E) Cannot determine from the information given 
A) 35 
B) 36 
C) 40 
D) 41 
E) Cannot determine from the information given

Question 18

Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown:
  
-Based on the information, which of the following statements is true?

Accepted Answer

A) None of the tasks have slack. 
B) Task O has 3 days of slack. 
C) Task L has 4 days of slack. 
D) Task D has 2 days of slack. 
E) Task L has 3 days of slack. 
A) None of the tasks have slack. 
B) Task O has 3 days of slack. 
C) Task L has 4 days of slack. 
D) Task D has 2 days of slack. 
E) Task L has 3 days of slack.

Question 19

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project.
  
-Calculate the late finish (LF) time for Task N.

Accepted Answer

A) 18 weeks 
B) 17 weeks 
C) 12 weeks 
D) 23 weeks 
E) 24 weeks 
A) 18 weeks 
B) 17 weeks 
C) 12 weeks 
D) 23 weeks 
E) 24 weeks

Question 20

This Gantt chart can be used to show the following:

Accepted Answer

A) Task C must come before Task D. 
B) Task F can be done at the same time as D. 
C) Task E can begin as soon as Task A is complete. 
D) Tasks D and B can be done simultaneously. 
E) Cannot determine from the information given 
A) Task C must come before Task D. 
B) Task F can be done at the same time as D. 
C) Task E can begin as soon as Task A is complete. 
D) Tasks D and B can be done simultaneously. 
E) Cannot determine from the information given

Following are the three estimates for a project: -Calculate the expected completion time for Task B.

A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the lowest level of risk?

Following are the three estimates for a project: -Calculate the expected completion time for Task D.

Following are the three estimates for a project: -Calculate the completion time variance for Task C.

The table provides a project with the task lengths (in days) and precedence requirements. -Calculate the late start (LS) time for Task C.

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project. -Which of the following identifies the critical path tasks?

The table provides a project with the task lengths (in days) and precedence requirements. -Based on the information, which of the following statements is true?

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project. -Which task has the greatest amount of slack?

The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates. -Based on the information, what are the days to completion?

The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates. -What are the expected days to completion?

The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs. -Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.

A project is composed of 6 tasks that have durations and precedence requirements shown in the table. Which of these tasks is not on the critical path?

A project is composed of 6 tasks that have durations and precedence requirements shown in the table. The late finish (LF) time for Task C is _______.

Following are the three estimates for a project: -Calculate the completion time variance for Task D.

The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs. -What is the crash costs for Task A?

Following are the three estimates for a project: -Calculate the expected completion time for Task O.

What is the latest that Task B can start if A takes 35 days, B takes 5 days, C takes 6 days, and D takes 7 days?

Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown: -Based on the information, which of the following statements is true?

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project. -Calculate the late finish (LF) time for Task N.

This Gantt chart can be used to show the following:

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

Supplement: Job Scheduling and Vehicle Routing and Material Flow Analysis and Facility Layouts

Lean Systems

Managing Customer and Work Flows

Managing Information Flowsmrp and ERP

Supplement: Statistical Quality Control and Six Sigma Quality Management

Supply Chain Processes

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters

Exam 12: Managing Projects

Following are the three estimates for a project: -Calculate the expected completion time for Task B.

A procurement specialist wished to assess the risks associated with finalizing a new tier-one supplier in another country. She estimated the risks as (where 1 = low concern, 10 = extreme concern), and the owner decided to weigh the risks equally. Which type of risk has the lowest level of risk?

Following are the three estimates for a project: -Calculate the expected completion time for Task D.

Following are the three estimates for a project: -Calculate the completion time variance for Task C.

The table provides a project with the task lengths (in days) and precedence requirements. -Calculate the late start (LS) time for Task C.

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project. -Which of the following identifies the critical path tasks?

The table provides a project with the task lengths (in days) and precedence requirements. -Based on the information, which of the following statements is true?

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project. -Which task has the greatest amount of slack?

The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates. -Based on the information, what are the days to completion?

The table provides a project with the task lengths (in days) and precedence requirements, as well as the three time estimates. -What are the expected days to completion?

The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs. -Task F is crashed for 1 day at a cost of $50 per day. Calculate the new project cost.

A project is composed of 6 tasks that have durations and precedence requirements shown in the table. Which of these tasks is not on the critical path?

A project is composed of 6 tasks that have durations and precedence requirements shown in the table. The late finish (LF) time for Task C is _______.

Following are the three estimates for a project: -Calculate the completion time variance for Task D.

The table provides a project with the task lengths (in days) and precedence requirements, as well as the associated task costs, crashed time, and crash costs. -What is the crash costs for Task A?

Following are the three estimates for a project: -Calculate the expected completion time for Task O.

What is the latest that Task B can start if A takes 35 days, B takes 5 days, C takes 6 days, and D takes 7 days?

Ivy Inc. has planned a simple project having four tasks. The task information for the project is shown: -Based on the information, which of the following statements is true?

Poisson Corporation has the following six tasks and the associated times for those tasks to complete a project. -Calculate the late finish (LF) time for Task N.

This Gantt chart can be used to show the following:

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

Supplement: Job Scheduling and Vehicle Routing and Material Flow Analysis and Facility Layouts

Lean Systems

Managing Customer and Work Flows

Managing Information Flowsmrp and ERP

Supplement: Statistical Quality Control and Six Sigma Quality Management

Supply Chain Processes

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters