Question 1

Schedule variance is the difference between budgeted cost for work performed and actual cost of work performed.

Accepted Answer

A) True 
 B)False  False

Question 2

The critical path refers to the sequence of activities that represent the longest time path through a project network.

Accepted Answer

A) True 
 B)False  True

Question 3

Which of the following is not a critical time estimate for a Beta distribution?

Accepted Answer

A)  Optimistic time. 
B)  Pessimistic time. 
C)  Most likely time. 
D)  Expected time. 
A)  Optimistic time. 
B)  Pessimistic time. 
C)  Most likely time. 
D)  Expected time. D

Question 4

The term 'late finish' refers to the latest time an activity can begin without delaying the completion of the project.

Accepted Answer

A) True 
 B)False

Question 5

A project can be defined as a set of complex interrelated tasks with different requirements regarding activity time and resources, but with a high degree of repetitiveness.

Accepted Answer

A) True 
 B)False

Question 6

Total slack for an activity can be shared with following activities.

Accepted Answer

A) True 
 B)False

Question 7

When delays occur owing to technical difficulties, performance becomes the source of unexpected project management problems.

Accepted Answer

A) True 
 B)False

Question 8

Gantt project charts are useful for all of the following reasons, except ________.

Accepted Answer

A)  visual presentation is appealing 
B)  they show interdependence of activities 
C)  they are easy to understand 
D)  they assist in planning construction forces 
A)  visual presentation is appealing 
B)  they show interdependence of activities 
C)  they are easy to understand 
D)  they assist in planning construction forces

Question 9

Which of the following is not true about a critical path in a project network with certain activity times?

Accepted Answer

A)  Activities on the critical path have the least slack. 
B)  The longest activity in the project must lie on the critical path. 
C)  There can be several critical paths in a project network. 
D)  The first activity in the network is always on the critical path. 
A)  Activities on the critical path have the least slack. 
B)  The longest activity in the project must lie on the critical path. 
C)  There can be several critical paths in a project network. 
D)  The first activity in the network is always on the critical path.

Question 10

Estimates of project expected completion time and variance usually are not biased when based on the single critical path.

Accepted Answer

A) True 
 B)False

Question 11

Developing a project network is the only major concern for implementing critical path analysis.

Accepted Answer

A) True 
 B)False

Question 12

It is possible to delay the start of a non-critical activity and, in the process, make a following activity critical.

Accepted Answer

A) True 
 B)False

Question 13

Before calculating a late start time for an activity, the late finish time must be known.

Accepted Answer

A) True 
 B)False

Question 14

Time variance is calculated by subtracting actual time used for work performed from scheduled time for work performed.

Accepted Answer

A) True 
 B)False

Question 15

Monte Carlo simulation of project networks is not recommended when ________.

Accepted Answer

A)  activity times are deterministic 
B)  more than one critical path exists 
C)  bias in project completion time is important 
D)  activity time distributions are Beta 
A)  activity times are deterministic 
B)  more than one critical path exists 
C)  bias in project completion time is important 
D)  activity time distributions are Beta

Question 16

Which of the following attributes is not considered in the selection of a project manager?

Accepted Answer

A)  Credibility. 
B)  Originality. 
C)  Sensitivity. 
D)  Ability to handle stress. 
A)  Credibility. 
B)  Originality. 
C)  Sensitivity. 
D)  Ability to handle stress.

Question 17

A major flaw in critical path analysis with uncertain activity times is the conservative nature of the expected project completion time.

Accepted Answer

A) True 
 B)False

Question 18

Gantt charts fail to indicate the interdependence among project activities.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is not considered a source of variance on the earned value chart?

Accepted Answer

A)  Time. 
B)  Cost. 
C)  Schedule. 
D)  None of these answers are correct. 
A)  Time. 
B)  Cost. 
C)  Schedule. 
D)  None of these answers are correct.

Question 20

Projects are terminated for all of the following reasons, except ________.

Accepted Answer

A)  subtraction 
B)  addition 
C)  integration 
D)  starvation 
A)  subtraction 
B)  addition 
C)  integration 
D)  starvation

Schedule variance is the difference between budgeted cost for work performed and actual cost of work performed.

The critical path refers to the sequence of activities that represent the longest time path through a project network.

Which of the following is not a critical time estimate for a Beta distribution?

The term 'late finish' refers to the latest time an activity can begin without delaying the completion of the project.

A project can be defined as a set of complex interrelated tasks with different requirements regarding activity time and resources, but with a high degree of repetitiveness.

Total slack for an activity can be shared with following activities.

When delays occur owing to technical difficulties, performance becomes the source of unexpected project management problems.

Gantt project charts are useful for all of the following reasons, except ________.

Which of the following is not true about a critical path in a project network with certain activity times?

Estimates of project expected completion time and variance usually are not biased when based on the single critical path.

Developing a project network is the only major concern for implementing critical path analysis.

It is possible to delay the start of a non-critical activity and, in the process, make a following activity critical.

Before calculating a late start time for an activity, the late finish time must be known.

Time variance is calculated by subtracting actual time used for work performed from scheduled time for work performed.

Monte Carlo simulation of project networks is not recommended when ________.

Which of the following attributes is not considered in the selection of a project manager?

A major flaw in critical path analysis with uncertain activity times is the conservative nature of the expected project completion time.

Gantt charts fail to indicate the interdependence among project activities.

Which of the following is not considered a source of variance on the earned value chart?

Projects are terminated for all of the following reasons, except ________.

The Service Economy

Service Strategy

New Service Development

The Service Encounter

Supporting Facility and Process Flows

Service Quality

Process Improvement

Service Facility Location

Service Supply Relationships

Globalization of Services

Managing Capacity and Demand

Managing Waiting Lines

Capacity Planning and Queuing Models

Forecasting Demand for Services

Managing Service Inventory

Filters

Exam 16: Managing Service Projects

Schedule variance is the difference between budgeted cost for work performed and actual cost of work performed.

The critical path refers to the sequence of activities that represent the longest time path through a project network.

Which of the following is not a critical time estimate for a Beta distribution?

The term 'late finish' refers to the latest time an activity can begin without delaying the completion of the project.

A project can be defined as a set of complex interrelated tasks with different requirements regarding activity time and resources, but with a high degree of repetitiveness.

Total slack for an activity can be shared with following activities.

When delays occur owing to technical difficulties, performance becomes the source of unexpected project management problems.

Gantt project charts are useful for all of the following reasons, except ________.

Which of the following is not true about a critical path in a project network with certain activity times?

Estimates of project expected completion time and variance usually are not biased when based on the single critical path.

Developing a project network is the only major concern for implementing critical path analysis.

It is possible to delay the start of a non-critical activity and, in the process, make a following activity critical.

Before calculating a late start time for an activity, the late finish time must be known.

Time variance is calculated by subtracting actual time used for work performed from scheduled time for work performed.

Monte Carlo simulation of project networks is not recommended when ________.

Which of the following attributes is not considered in the selection of a project manager?

A major flaw in critical path analysis with uncertain activity times is the conservative nature of the expected project completion time.

Gantt charts fail to indicate the interdependence among project activities.

Which of the following is not considered a source of variance on the earned value chart?

Projects are terminated for all of the following reasons, except ________.

The Service Economy

Service Strategy

New Service Development

The Service Encounter

Supporting Facility and Process Flows

Service Quality

Process Improvement

Service Facility Location

Service Supply Relationships

Globalization of Services

Managing Capacity and Demand

Managing Waiting Lines

Capacity Planning and Queuing Models

Forecasting Demand for Services

Managing Service Inventory

Filters