Question 1

The critical path in a CPM analysis is always the shortest path through the network.

Accepted Answer

A) True 
 B)False  False

Question 2

Which of the following is a graphic project report used in project management?

Accepted Answer

A) Project proposal 
B) Approved project plan 
C) Humphrey chart 
D) Equipment and supplies chart 
E) Cost and performance tracking schedule 
A) Project proposal 
B) Approved project plan 
C) Humphrey chart 
D) Equipment and supplies chart 
E) Cost and performance tracking schedule E

Question 3

Earned Value Management (EVM)is a technique for measuring project progress in an objective manner.

Accepted Answer

A) True 
 B)False  True

Question 4

Using the Time-Cost CPM model,the crash time is the shortest possible time allowed for each activity in the project.

Accepted Answer

A) True 
 B)False

Question 5

series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

Accepted Answer

A) Matrix project 
B) Integrated Task Force 
C) Functional project 
D) Pure project 
E) Cross-functional flexible team 
A) Matrix project 
B) Integrated Task Force 
C) Functional project 
D) Pure project 
E) Cross-functional flexible team

Question 6

You have just performed a CPM analysis and have found that more than one path through the project network has zero slack values.What can you conclude?

Accepted Answer

A) You have incorrectly performed the analysis 
B) You have multiple critical paths 
C) Only one path is optimal 
D) More than one path is optimal 
E) The project will not be completed by the desired time 
A) You have incorrectly performed the analysis 
B) You have multiple critical paths 
C) Only one path is optimal 
D) More than one path is optimal 
E) The project will not be completed by the desired time

Question 7

The project indirect costs associated with a project include overhead,facilities,and resource opportunity costs.

Accepted Answer

A) True 
 B)False

Question 8

matrix project attempts to blend properties of functional and pure project structures.

Accepted Answer

A) True 
 B)False

Question 9

A work breakdown structure is used in project management but it is not used when the critical path method is involved.

Accepted Answer

A) True 
 B)False

Question 10

You know when you have arrived at the optimal solution in using the Time-Cost CPM Scheduling model analysis when what happens?

Accepted Answer

A) You have found the critical path 
B) You have run out of crash time 
C) You no longer have a linear relationship with costs 
D) You have reached the minimum total cost 
E) You have run out of crash costs 
A) You have found the critical path 
B) You have run out of crash time 
C) You no longer have a linear relationship with costs 
D) You have reached the minimum total cost 
E) You have run out of crash costs

Question 11

A project may be defined as a series of related jobs directed toward some major output and requiring a significant period of time to perform.

Accepted Answer

A) True 
 B)False

Question 12

In CPM the late start time estimate is the latest time you can start an activity and still keep the entire project on schedule.

Accepted Answer

A) True 
 B)False

Question 13

In the Time-Cost CPM model,cost is assumed to be a linear function of time.

Accepted Answer

A) True 
 B)False

Question 14

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs.
If you crash this project to reduce the total time by four days,what is the total time of the project and total cost?

Accepted Answer

A) Total time is 10 days,total cost is $2500 
B) Total time is 9 days,total cost is $2300 
C) Total time is 8 days,total cost is $2750 
D) Total time is 8 days,total cost is $1850 
E) Total time is 9 days,total cost is $2350 
A) Total time is 10 days,total cost is $2500 
B) Total time is 9 days,total cost is $2300 
C) Total time is 8 days,total cost is $2750 
D) Total time is 8 days,total cost is $1850 
E) Total time is 9 days,total cost is $2350

Question 15

The critical path in a CPM analysis is found by locating the activities times with zero slack.

Accepted Answer

A) True 
 B)False

Question 16

You have collected the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the project "direct costs" are given below.
The indirect costs for the project are determined on a daily duration basis.If the project lasts 16 days the total indirect costs are $400,15 days they will be $250,14 days they will be $200,and 13 days they will be $100.At what day do we achieve the lowest total project cost (i.e. ,direct plus indirect costs)?

Accepted Answer

A) 16 days 
B) 15 days 
C) 14 days 
D) 13 days 
E) 12 days 
A) 16 days 
B) 15 days 
C) 14 days 
D) 13 days 
E) 12 days

Question 17

simple project listing of five activities,their predecessors,and their respective time estimates are presented below:
 
Using the CPM,which activities have slack in this project?

Accepted Answer

A) A 
B) B 
C) C 
D) D 
E) C and E 
A) A 
B) B 
C) C 
D) D 
E) C and E

Question 18

What is a work breakdown structure?

Accepted Answer

A) A list of the activities making up the higher levels of the project 
B) A definition of the hierarchy of project tasks,subtasks,and work packages 
C) A depiction of the activities making up a project 
D) A Gantt chart 
E) A structure that is incompatible with the Critical Path Method 
A) A list of the activities making up the higher levels of the project 
B) A definition of the hierarchy of project tasks,subtasks,and work packages 
C) A depiction of the activities making up a project 
D) A Gantt chart 
E) A structure that is incompatible with the Critical Path Method

Question 19

PERT is an abbreviation for which of the following methodologies?

Accepted Answer

A) Product Evaluation,Result,and Treatment 
B) Programming and Evaluation Realization Technology 
C) Program Evaluation and Review Technique 
D) Process Evaluation and Review Technology 
E) It is a name,not an abbreviation for anything 
A) Product Evaluation,Result,and Treatment 
B) Programming and Evaluation Realization Technology 
C) Program Evaluation and Review Technique 
D) Process Evaluation and Review Technology 
E) It is a name,not an abbreviation for anything

Question 20

Earned Value Management (EVM)has the capability to combine measurements of scope,schedule,and cost in a project.

Accepted Answer

A) True 
 B)False

The critical path in a CPM analysis is always the shortest path through the network.

Which of the following is a graphic project report used in project management?

Earned Value Management (EVM)is a technique for measuring project progress in an objective manner.

Using the Time-Cost CPM model,the crash time is the shortest possible time allowed for each activity in the project.

series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

You have just performed a CPM analysis and have found that more than one path through the project network has zero slack values.What can you conclude?

The project indirect costs associated with a project include overhead,facilities,and resource opportunity costs.

matrix project attempts to blend properties of functional and pure project structures.

A work breakdown structure is used in project management but it is not used when the critical path method is involved.

You know when you have arrived at the optimal solution in using the Time-Cost CPM Scheduling model analysis when what happens?

A project may be defined as a series of related jobs directed toward some major output and requiring a significant period of time to perform.

In CPM the late start time estimate is the latest time you can start an activity and still keep the entire project on schedule.

In the Time-Cost CPM model,cost is assumed to be a linear function of time.

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs. If you crash this project to reduce the total time by four days,what is the total time of the project and total cost?

The critical path in a CPM analysis is found by locating the activities times with zero slack.

simple project listing of five activities,their predecessors,and their respective time estimates are presented below: Using the CPM,which activities have slack in this project?

What is a work breakdown structure?

PERT is an abbreviation for which of the following methodologies?

Earned Value Management (EVM)has the capability to combine measurements of scope,schedule,and cost in a project.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters

Exam 5: Projects Manufacturing and Service Processes

The critical path in a CPM analysis is always the shortest path through the network.

Which of the following is a graphic project report used in project management?

Earned Value Management (EVM)is a technique for measuring project progress in an objective manner.

Using the Time-Cost CPM model,the crash time is the shortest possible time allowed for each activity in the project.

series of projects that are organized in such a way that each project utilizes people from different functional areas is using which of the following organizational structures?

You have just performed a CPM analysis and have found that more than one path through the project network has zero slack values.What can you conclude?

The project indirect costs associated with a project include overhead,facilities,and resource opportunity costs.

matrix project attempts to blend properties of functional and pure project structures.

A work breakdown structure is used in project management but it is not used when the critical path method is involved.

You know when you have arrived at the optimal solution in using the Time-Cost CPM Scheduling model analysis when what happens?

A project may be defined as a series of related jobs directed toward some major output and requiring a significant period of time to perform.

In CPM the late start time estimate is the latest time you can start an activity and still keep the entire project on schedule.

In the Time-Cost CPM model,cost is assumed to be a linear function of time.

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs. If you crash this project to reduce the total time by four days,what is the total time of the project and total cost?

The critical path in a CPM analysis is found by locating the activities times with zero slack.

simple project listing of five activities,their predecessors,and their respective time estimates are presented below: Using the CPM,which activities have slack in this project?

What is a work breakdown structure?

PERT is an abbreviation for which of the following methodologies?

Earned Value Management (EVM)has the capability to combine measurements of scope,schedule,and cost in a project.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Sales and Operations Planning

Material Requirements Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters