Question 1

For which purpose is simulation NOT used with regard to project scheduling?

Accepted Answer

A)  to overcome the limitations associated with statistical techniques used to develop probability of completion time estimates 
B)  to investigate the range of project completion times 
C)  to investigate the distribution of project completion times 
D)  to verify the accuracy of the optimistic, pessimistic and most likely time estimates 
E)  all of the above 
A)  to overcome the limitations associated with statistical techniques used to develop probability of completion time estimates 
B)  to investigate the range of project completion times 
C)  to investigate the distribution of project completion times 
D)  to verify the accuracy of the optimistic, pessimistic and most likely time estimates 
E)  all of the above

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A)  3 
B)  4 
C)  4.3 
D)  4.7 
E)  7 
A)  3 
B)  4 
C)  4.3 
D)  4.7 
E)  7

Question 4

The tasks of project planning,project budgeting,and project scheduling are largely separable from one another.

Accepted Answer

A) True 
 B)False

Question 5

What is project slack?

Accepted Answer

A)  The amount of time a non-critical task can be delayed without making the project late. 
B)  The amount of time the critical path of a project can be delayed without making the project late. 
C)  The amount of time an activity on the critical path can be delayed without making the project late. 
D)  The difference between how long the project would take if all tasks were completed based on their pessimistic versus optimistic time estimates. 
E)  None of the above. 
A)  The amount of time a non-critical task can be delayed without making the project late. 
B)  The amount of time the critical path of a project can be delayed without making the project late. 
C)  The amount of time an activity on the critical path can be delayed without making the project late. 
D)  The difference between how long the project would take if all tasks were completed based on their pessimistic versus optimistic time estimates. 
E)  None of the above.

Question 6

What is it a milestone?

Accepted Answer

A)  a significant event in the project 
B)  a mark on a chart that depicts project progress 
C)  an activity on the critical path 
D)  an activity with an uncertain completion time 
E)  all of the above 
A)  a significant event in the project 
B)  a mark on a chart that depicts project progress 
C)  an activity on the critical path 
D)  an activity with an uncertain completion time 
E)  all of the above

For which purpose is simulation NOT used with regard to project scheduling?

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

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

The tasks of project planning,project budgeting,and project scheduling are largely separable from one another.

What is project slack?

What is it a milestone?

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

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Exam 5: Scheduling the Project

For which purpose is simulation NOT used with regard to project scheduling?

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

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

The tasks of project planning,project budgeting,and project scheduling are largely separable from one another.

What is project slack?

What is it a milestone?

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters