Exam 5: Scheduling the Project

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An identifiable state resulting from the completion of one or more activities is called?

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What is it a milestone?

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A disadvantage of using beta distribution to approximate activity times is that it is generally less flexible than the normal distribution.

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Define the term Critical Path.

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An event is a series of connected activities.

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Standard Pert/CPM networks can be use to resolve probabilistic concerns.

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What is the expected time to complete a task with an optimistic, most likely, and pessimistic times of 3, 4, and 7 days respectively?

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The difference between the LST and EST is called slack.

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The difference between LST and LFT is called slack.

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Another name for total slack is free slack.

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Events in a project consume no resources or time.

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Technical dependencies are often harder to see on a Gantt chart than on a PERT/CPM network.

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The formula for the expected time of an activity in a network assumes that the optimistic, pessimistic, and most likely time estimates have a Beta distribution.

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Slack is calculated as?

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Which of the following is typically used as the best estimate of task duration?

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What are the four methods of linking steps in a project using precedence diagramming?

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A start-to-finish linkage is the most common way of linking to successive task.

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Which of the following terms is most closely associated with a task required by the project?

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The simulation approach is generally preferred over the statistical method.

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Milestones cannot be identified on a Gantt Chart.

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