Exam 18: Project Management for New Products and Processes

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Many projects move rapidly at the beginning while many ideas are being considered.

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False

For effective project design,more activities are better than few because that allows greater activity control.

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Crash time is a minimum time estimate to accomplish an activity.Its cost is usually at or near the maximum expenditure level.

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Resource leveling provides the option to withdraw resources or to add new resources.

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Companies that have the systems viewpoint lack the ability to achieve the level of cooperation necessary to win the race.

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What is the forward pass rule?

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If you are going to crash one particular activity to get the most effect,which one should be chosen?

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Project redesign is often used to _____.

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The _____ path is the longest time-path from start to finish of the project and determines the completion date of the project.

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The earliest start for each beginning node is

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Define explicit knowledge and how it allows for information transfer.Give two examples of explicit knowledge.

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Which of the following is a form of knowledge that describes basic transferable information that is required to operate processes?

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A challenge faced by managers of multiple projects is the need to be juggling ideas and schedules.

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Body language is often mentioned as a clue to purpose and intention.

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Which of the following selections is the set of activities that define the shortest time in which the project can be completed without slippage?

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Crash time is associated with the minimum cost estimate and its time for accomplishment is based on "walk,don't run."

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Management generally relies upon its ability to estimate before hard data are available.

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There are two main types of P/OM activities.One is the domain of project managers.The other is the domain of process managers.To highlight this difference,a and b are used to designate each type.Which is the beta type?

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Define and discuss market research and its relationship to P/OM.

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What are activity cycles in PERT networks?

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